BGIG vs RFDA: Grades, Fees and Holdings Compared

Bahl & Gaynor Income Growth ETF

BGIGANYSE Arca

ALPS Dynamic US Dividend Advantage ETF

RFDACNYSE Arca

Overlap

22.3%by weight

Expense ratio

BGIG −0.07pt a year

BGIG0.45%RFDA0.52%

Avg volume · 30D

BGIG 47.3×the volume

BGIG171KRFDA3.62K

3Y return · a year

RFDA +2.9pt

BGIG+19.6%RFDA+22.5%

BGIG vs RFDA Performance

Oct 31, 2025 – Oct 30, 2026

+18.6%BGIG+17.6%RFDA

Expense ratio: BGIG 0.45%, better; RFDA 0.52%
Fund size: BGIG $2.29B; RFDA $79M
1Y total return: BGIG +18.6%, better; RFDA +17.6%
Yield (12M): BGIG 1.67%; RFDA 1.98%, better
Holdings: BGIG 50; RFDA 77
Avg volume (30D): BGIG 171K sh, better; RFDA 3.62K sh
NAV per share: BGIG $37.45; RFDA $73.16
52W range

ETF.net Grade

Pillar letters and Scores for BGIG, RFDA, with each pillar’s weight
Pillar	BGIG	RFDA
Cost30% weight	A73Higher	C44
Mission25% weight	C40	B61Higher
Risk15% weight	B64Higher	D38
Tradability15% weight	A80Higher	B62
Holdings10% weight	C53	A83Higher
Durability5% weight	A83Higher	A78

Rank among US Active Dividend Income funds

How we build Categories ›

Same Category. BGIG and RFDA are both graded against the same 40 US Active Dividend Income funds, so their Grades compare head to head.

US Active Dividend Income⁠

Category · 40 funds

See all 40 ›

BGIG ranks 3rd and RFDA 17th of 40 funds in the US Active Dividend Income Category.

Rank 1ACGDVCapital Group Dividend Value ETFScore 76
Rank 2AHIDVAB US High Dividend ETFScore 73
Rank 3ABGIGBahl & Gaynor Income Growth ETFScore 70
Rank 4BBGDVBahl & Gaynor Dividend ETFScore 67
Rank 15BVDIGVanguard Wellington Dividend Growth Active ETFScore 54
Rank 17CRFDAALPS Dynamic US Dividend Advantage ETFScore 53
Rank 18CACEPARS Core Equity Portfolio ETFScore 52

Our read on each fund

ETF.net Research

BGIGABahl & Gaynor Income Growth ETF

RFDACALPS Dynamic US Dividend Advantage ETF

In short

BGIG An active dividend fund that writes the cushion into its own mandate: rising income, downside protection versus the broad market, and growth. Distributions land monthly, and it charges less than the typical active dividend-income fund.

RFDA A 2016-vintage active dividend fund that doesn't screen on yield alone: RFDA ranks US payers on growth, momentum, quality and value at once, then sends income out monthly instead of quarterly.

Stated mandate

BGIG The Fund seeks growing dividend income, downside protection relative to the broader equity market, and long-term capital appreciation.

RFDA RFDA seeks capital appreciation and dividend income through a disciplined US dividend-growth strategy using quality screens and active factor-driven selection.

Why people hold it

BGIG The stated objective names three jobs at once: growing dividend income, downside protection relative to the broader equity market, and long-term capital appreciation.
Income arrives monthly, not on the quarterly schedule most equity funds keep.
At 0.45% a year, it sits below the median fee for active US dividend-income funds.
One of the strongest implementations in its peer group of active US dividend-income funds, with a portfolio that matches the mandate on the label.

RFDA Four factors drive the picks (growth, momentum, quality, value), so the portfolio isn't just the highest yielders sorted top down.
Income is paid monthly, a rhythm most equity funds don't offer.
Charges 0.52% a year, a touch under the median for active US dividend-income funds.
Live since 2016, giving it a real multi-market track record, and it lands in the upper half of its dividend-income peer group on our review.

Worth knowing

BGIG Cheaper active dividend options exist: CGDV runs 0.33% and HIDV 0.35%.
Hunting rising dividends means skipping most of the non-payers inside the S&P 500 it measures itself against, so results can look very different from the index.
Launched in 2023, so there is no live record spanning a full market cycle yet.

RFDA Small and thinly traded. Limit orders and a glance at the spread matter more here than with a giant index fund.
Cheaper active dividend options exist: CGDV runs 0.33% and HIDV 0.35%.
Active selection means results can diverge from the S&P 500 it measures itself against, in either direction.

Full BGIG profile⁠

Full RFDA profile⁠

BGIG vs RFDA Holdings

How BGIG and RFDA differ

Overlap by weight

22.3%

Shared holdings make up 38.4% of BGIG and 23.3% of RFDA.

Level by level

Holdings14 in both22.3%
Sector11 Sectors81.2%
Countryby domicile91.1%
Asset classEquity100%

Sector

Sector weights in BGIG and RFDA, widest gap first
Sector	More in BGIGMore in RFDA	BGIG	RFDA
Technology	BGIG +11.8 points	26.4%	14.6%
Communication	RFDA +4.1 points	1.4%	5.6%
Consumer Staples	RFDA +3.7 points	4.5%	8.2%
Consumer Discretionary	RFDA +3.6 points	5.8%	9.4%
Industrials	BGIG +3.1 points	10.1%	7.0%
Financials	RFDA +3.0 points	15.0%	18.0%
Energy	RFDA +2.6 points	10.5%	13.1%
Health Care	BGIG +2.1 points	16.9%	14.8%
Utilities	BGIG +1.8 points	6.4%	4.6%
Materials	RFDA +1.0 points	0.0%	1.0%
Real Estate	RFDA +0.6 points	3.1%	3.7%

Country, concentration and asset class

Country by domicile

Country weights in BGIG and RFDA, widest gap first
Country	More in BGIGMore in RFDA	BGIG	RFDA
United States	RFDA +7.5 points	88.1%	95.6%
Taiwan	BGIG +2.6 points	4.5%	1.9%
China	BGIG +2.3 points	2.3%	0.0%
Switzerland	BGIG +1.9 points	1.9%	0.0%
Canada	RFDA +1.4 points	0.0%	1.4%
Ireland	BGIG +1.3 points	1.3%	0.0%
Finland	BGIG +0.8 points	0.8%	0.0%
United Kingdom	BGIG +0.1 points	1.2%	1.1%

Concentration

Weight in the 10 largest Holdings

BGIG40.8%
RFDA29.3%

Securities held

BGIG50
RFDA76

Asset class

BGIG: Equity
RFDA: Equity

Holdings

Only in BGIG36
In both14
Only in RFDA62

Only in BGIG

36 securities, 61.6% of BGIG by weight

AbbVie Inc4.45%
Chevron Corp4.09%
Broadcom Inc3.96%
Apollo Global Management Inc3.04%
Williams Cos Inc/The2.61%
Cisco Systems Inc2.45%
General Dynamics Corp2.39%
TE Connectivity PLC2.24%
CME Group Inc2.08%
Darden Restaurants Inc1.99%
Targa Resources Corp1.87%
Garmin Ltd1.86%
Automatic Data Processing Inc1.78%
Home Depot Inc/The1.76%
Mondelez International Inc1.68%
Vivmark Residential1.50%
NextEra Energy Inc1.49%
WEC Energy Group Inc1.47%
PPL Corp1.47%
Fastenal Co1.47%
Cummins Inc1.41%
Elevance Health Inc1.39%
Sempra1.39%
TKO Group Holdings Inc1.34%
Smurfit Westrock PLC1.31%
British American Tobacco PLC1.22%
Accenture PLC1.16%
Illinois Tool Works Inc1.10%
Texas Instruments Inc0.90%
Ventas Inc0.89%
ONEOK Inc0.83%
Nokia Oyj0.79%
Corning Inc0.70%
VICI Properties Inc0.55%
Waste Management Inc0.52%
Hartford Insurance Group Inc/The0.49%

Only in RFDA

62 securities, 72.9% of RFDA by weight

NVIDIA Corp.2.99%
ConocoPhillips2.89%
Phillips 662.73%
Coca-Cola Co.2.70%
Citigroup Inc.2.39%
Merck & Co. Inc.2.31%
Apple Inc.2.07%
Lockheed Martin Corp.2.01%
Bristol-Myers Squibb Co.1.90%
US Bancorp1.68%
Walmart Inc.1.60%
Wells Fargo & Co.1.39%
Hewlett Packard Enterprise Co.1.38%
Altria Group Inc.1.36%
Verizon Communications Inc.1.31%
Goldman Sachs Group Inc.1.30%
Franklin Resources Inc.1.30%
Alphabet Inc.1.26%
Myers Industries Inc.1.25%
Invesco Ltd.1.25%
NIKE Inc.1.23%
Greif Inc.1.20%
Pfizer Inc.1.18%
Gilead Sciences Inc.1.16%
AT&T Inc.1.12%
OneMain Holdings Inc.1.11%
Caterpillar Inc.1.10%
Crescent Energy Co.1.05%
Amcor PLC1.04%
Vail Resorts Inc.1.04%
Welltower Inc.1.03%
QUALCOMM Inc.1.01%
Kraft Heinz Co.1.00%
Cigna Group0.97%
Kinder Morgan Inc.0.97%
Edison International0.95%
T Rowe Price Group Inc.0.95%
Omnicom Group Inc.0.94%
AES Corp.0.93%
Schlumberger Ltd.0.92%
Duke Energy Corp.0.91%
Alliant Energy Corp.0.91%
Invitation Homes Inc.0.89%
Camden Property Trust0.89%
Southern Copper Corp.0.89%
Enbridge Inc.0.86%
Everest Group Ltd.0.83%
Analog Devices Inc.0.80%
International Business Machines Corp.0.79%
Clearway Energy Inc.0.77%

Weight gaps

All 14 Holdings in both funds, largest gap first.

Holding weights in BGIG and RFDA, widest gap first
Holding	More in BGIGMore in RFDA	BGIG	RFDA
PNC Financial Services Group Inc/ThePNC	BGIG +2.78 points	3.68%	0.90%
Taiwan Semiconductor Manufacturing Co LtdTSM	BGIG +2.72 points	4.49%	1.77%
Microsoft CorpMSFT	BGIG +2.46 points	5.09%	2.63%
Eli Lilly & CoLLY	BGIG +2.40 points	3.25%	0.85%
Travelers Cos Inc/TheTRV	BGIG +1.99 points	2.59%	0.60%
UnitedHealth Group IncUNH	BGIG +1.63 points	4.56%	2.93%
Johnson & JohnsonJNJ	BGIG +0.88 points	4.15%	3.27%
ExxonMobil Holdings CorpXOM	RFDA +0.63 points	1.65%	2.28%
RTX CorpRTX	BGIG +0.41 points	1.38%	0.97%
Union Pacific CorpUNP	RFDA +0.37 points	0.72%	1.09%
Philip Morris International IncPM	BGIG +0.38 points	1.88%	1.50%
Eaton Corp PLCETN	BGIG +0.35 points	1.16%	0.81%
McDonald's CorpMCD	BGIG +0.07 points	0.84%	0.77%
JPMorgan Chase & Co.JPM	BGIG +0.01 points	2.93%	2.92%

All 50 BGIG holdings⁠All RFDA holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

BGIG vs RFDA Cost

Overpaying RFDA vs BGIG

$1,310

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

BGIG 0.45%
$9,041
RFDA 0.52%
$10,351

Amount$10,000

Years30 years

Cost over time

BGIG 0.45%
RFDA 0.52%
Overpaying

Year by year

Year	BGIG	RFDA	Overpaying
10	$812	$935	$123
20	$3,128	$3,593	$465
30	$9,041	$10,351	$1,310

Expense ratio

0.45%BGIG, cheaper
0.52%RFDA

BGIG0.45%RFDA0.52%

0.25%0.99%

Middle half of US Active Dividend Income funds
Median 0.50%

BGIG 9th cheapest of 40 funds

RFDA 23rd cheapest of 40 funds

BGIG vs RFDA Dividends

Last 12 months to Oct 30, 2026

Yield (12M): BGIG 1.67%; RFDA 1.98%, better
Payout (12M): BGIG $0.62; RFDA $1.45
Last payment: BGIG $0.05; RFDA $0.07
Ex-dividend: BGIG Oct 29, 2026; RFDA Oct 22, 2026
Paid on: BGIG Pays Nov 2, 2026; RFDA Oct 27, 2026
Frequency: BGIG Monthly; RFDA Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

BGIGMonthly · 38 paymentsAll BGIG payments⁠

RFDAMonthly · 46 paymentsAll RFDA payments⁠

BGIG vs RFDA Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: BGIG 9.5%, betterRFDA 11.5%
Return per unit of riskSharpe ratio, 3 years: BGIG 1.49, betterRFDA 1.45
Worst fallMax drawdown, 5 years: BGIG −13.2%since Sep 2023RFDA −19.4%
Market sensitivityBeta, 5 years: BGIG 0.55RFDA 0.85; Market = 1

BGIG and RFDA in the news

All news⁠

New ETFs
American Beacon's London Company ETF charges 0.67%, and the prospectus limits the tax pitch
Oct 5, 2026BGIG
ETF Filings
ALPS files N10's growth ETF without the 351 exchange or $350 million from June
Sep 9, 2026RFDA

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BGIG vs RFDA

In short

Stated mandate

Why people hold it

Worth knowing

How BGIG and RFDA differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in BGIG

Only in RFDA

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

American Beacon's London Company ETF charges 0.67%, and the prospectus limits the tax pitch

ALPS files N10's growth ETF without the 351 exchange or $350 million from June

How BGIG and RFDA differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in BGIG

Only in RFDA

Weight gaps