BGIG vs TBG: Grades, Fees and Holdings Compared

Bahl & Gaynor Income Growth ETF

BGIGANYSE Arca

TBG Dividend Focus ETF

TBGBNYSE Arca

Overlap

19.1%by weight

Expense ratio

BGIG0.45%TBG0.45%

Avg volume · 30D

BGIG 3.7×the volume

BGIG171KTBG46.4K

BGIG vs TBG Performance

Oct 31, 2025 – Oct 30, 2026

+18.6%BGIG+24.2%TBG

Expense ratio: BGIG 0.45%; TBG 0.45%
Fund size: BGIG $2.29B; TBG $320M
1Y total return: BGIG +18.6%; TBG +24.2%, better
Yield (12M): BGIG 1.67%; TBG 2.58%, better
Holdings: BGIG 50; TBG 40
Avg volume (30D): BGIG 171K sh, better; TBG 46.4K sh
NAV per share: BGIG $37.45; TBG $39.32
52W range

ETF.net Grade

Pillar letters and Scores for BGIG, TBG, with each pillar’s weight
Pillar	BGIG	TBG
Cost30% weight	A73	A73
Mission25% weight	C40	Not scored
Risk15% weight	B64	B64
Tradability15% weight	A80Higher	C54
Holdings10% weight	C53	C54Higher
Durability5% weight	A83Higher	B61

Rank among US Active Dividend Income funds

How we build Categories ›

Same Category. BGIG and TBG 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 TBG 9th 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 9BFDVFederated Hermes U.S. Strategic Dividend ETFScore 64
Rank 9BTBGTBG Dividend Focus ETFScore 64
Rank 9BTDVGT. Rowe Price Dividend Growth ETFScore 64

Our read on each fund

ETF.net Research

BGIGABahl & Gaynor Income Growth ETF

TBGBTBG Dividend Focus 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.

TBG An actively run dividend-growth playbook in ETF form: a hand-picked roster of US companies the manager judges able to keep raising payouts, run for income and long-term appreciation rather than headline yield.

Stated mandate

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

TBG The Fund seeks income and long-term capital appreciation.

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.

TBG Active, not a screen. The sub-adviser picks US companies it believes can grow dividends over time, with room for REITs and MLPs alongside common stock.etfarchitect.com
0.45%, with no waiver propping it up. That sits right around the typical active dividend fee and level with BGIG at 0.45%.
Pays quarterly, and the stated mandate covers both income and long-term capital appreciation, not yield alone.
Lands in the upper half of a 40-fund active dividend field, one of the stronger builds in a crowded aisle.

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.

TBG Thinly traded for its category, which can mean wider spreads and more slippage on big or hurried orders.
Several of the category's top-rated peers cost less: VUS at 0.25%, CGDV at 0.33%, HIDV at 0.35%, none on a waiver.
Hand-picked means results ride on the sub-adviser's judgment, and the fund only opened in 2023, so the record is short.etfarchitect.com

Full BGIG profile⁠

Full TBG profile⁠

BGIG vs TBG Holdings

How BGIG and TBG differ

Overlap by weight

19.1%

Shared holdings make up 26.4% of TBG and 23.8% of BGIG.

Level by level

Holdings10 in both19.1%
Sector11 Sectors77.2%
Countryby domicile88.1%
Asset classEquity100%

Sector

Sector weights in BGIG and TBG, widest gap first
Sector	More in BGIGMore in TBG	BGIG	TBG
Technology	BGIG +16.8 points	26.4%	9.6%
Consumer Staples	TBG +5.7 points	4.5%	10.2%
Industrials	BGIG +5.2 points	10.1%	4.9%
Real Estate	TBG +4.7 points	3.1%	7.8%
Consumer Discretionary	TBG +3.8 points	5.8%	9.6%
Communication	TBG +3.4 points	1.4%	4.9%
Energy	TBG +3.1 points	10.5%	13.6%
Materials	TBG +1.3 points	0.0%	1.3%
Health Care	BGIG +0.8 points	16.9%	16.1%
Utilities	TBG +0.4 points	6.4%	6.8%
Financials	TBG +0.2 points	15.0%	15.2%

Country, concentration and asset class

Country by domicile

Country weights in BGIG and TBG, widest gap first
Country	More in BGIGMore in TBG	BGIG	TBG
United States	TBG +6.5 points	88.1%	94.6%
Taiwan	BGIG +4.5 points	4.5%	0.0%
Brazil	TBG +3.7 points	0.0%	3.7%
China	BGIG +2.3 points	2.3%	0.0%
Switzerland	BGIG +1.9 points	1.9%	0.0%
Canada	TBG +1.7 points	0.0%	1.7%
Ireland	BGIG +1.3 points	1.3%	0.0%
United Kingdom	BGIG +1.2 points	1.2%	0.0%
Finland	BGIG +0.8 points	0.8%	0.0%

Concentration

Weight in the 10 largest Holdings

BGIG40.8%
TBG38.6%

Securities held

BGIG50
TBG39

Asset class

BGIG: Equity
TBG: Equity

Holdings

Only in BGIG40
In both10
Only in TBG29

Only in BGIG

40 securities, 76.2% of BGIG by weight

Microsoft Corp5.09%
Taiwan Semiconductor Manufacturing Co Ltd4.49%
AbbVie Inc4.45%
Broadcom Inc3.96%
PNC Financial Services Group Inc/The3.68%
Eli Lilly & Co3.25%
Apollo Global Management Inc3.04%
Williams Cos Inc/The2.61%
Travelers Cos Inc/The2.59%
General Dynamics Corp2.39%
TE Connectivity PLC2.24%
CME Group Inc2.08%
Darden Restaurants Inc1.99%
Philip Morris International Inc1.88%
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%
RTX Corp1.38%
TKO Group Holdings Inc1.34%
Smurfit Westrock PLC1.31%
British American Tobacco PLC1.22%
Eaton Corp PLC1.16%
Ventas Inc0.89%
ONEOK Inc0.83%
Nokia Oyj0.79%
Union Pacific Corp0.72%
Corning Inc0.70%
VICI Properties Inc0.55%
Waste Management Inc0.52%
Hartford Insurance Group Inc/The0.49%

Only in TBG

29 securities, 73.4% of TBG by weight

Merck & Co Inc4.53%
Blackstone Inc4.02%
Procter & Gamble Co/The3.81%
Brookfield Infrastructure Corp3.58%
Simon Property Group Inc3.50%
PepsiCo Inc3.50%
Verizon Communications Inc3.49%
Gilead Sciences Inc3.15%
American Electric Power Co Inc3.10%
Lockheed Martin Corp2.90%
Energy Transfer LP2.87%
Amgen Inc2.80%
General Mills Inc2.76%
Vanguard Short-Term Treasury ETF2.74%
Enterprise Products Partners LP2.63%
Blue Owl Capital Inc2.48%
Lamar Advertising Co2.41%
Vail Resorts Inc2.25%
Moelis & Co2.21%
Starbucks Corp1.96%
Lineage Inc1.80%
Morgan Stanley1.75%
Enbridge Inc1.64%
Lennar Corp1.52%
Comcast Corp1.48%
International Business Machines Corp1.48%
Domino's Pizza Inc1.46%
Eastman Chemical Co1.30%
First American Government Obligations Fund 12/01/20310.27%

Weight gaps

All 10 Holdings in both funds, largest gap first.

Holding weights in BGIG and TBG, widest gap first
Holding	More in BGIGMore in TBG	BGIG	TBG
Accenture PLCACN	TBG +3.38 points	1.16%	4.54%
UnitedHealth Group IncUNH	BGIG +2.03 points	4.56%	2.53%
McDonald's CorpMCD	TBG +1.48 points	0.84%	2.32%
JPMorgan Chase & Co.JPM	BGIG +1.00 points	2.93%	1.93%
Texas Instruments IncTXN	TBG +0.98 points	0.90%	1.88%
Johnson & JohnsonJNJ	BGIG +0.85 points	4.15%	3.30%
Cisco Systems IncCSCO	BGIG +0.83 points	2.45%	1.62%
Illinois Tool Works IncITW	TBG +0.78 points	1.10%	1.88%
ExxonMobil Holdings CorpXOM	TBG +0.43 points	1.65%	2.08%
Chevron CorpCVX	TBG +0.19 points	4.09%	4.28%

All 50 BGIG holdings⁠All TBG 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 TBG Cost

Same expense ratio

$9,041

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

BGIG 0.45%
$9,041
TBG 0.45%
$9,041

Amount$10,000

Years30 years

Cost over time

BGIG 0.45%
TBG 0.45%

Year by year

Year	BGIG	TBG
10	$812	$812
20	$3,128	$3,128
30	$9,041	$9,041

Expense ratio

0.45%BGIG
0.45%TBG

BGIG0.45%TBG0.45%

0.25%0.99%

Middle half of US Active Dividend Income funds
Median 0.50%

BGIG 9th cheapest of 40 funds

TBG 9th cheapest of 40 funds

BGIG vs TBG Dividends

Last 12 months to Oct 30, 2026

Yield (12M): BGIG 1.67%; TBG 2.58%, better
Payout (12M): BGIG $0.62; TBG $1.02
Last payment: BGIG $0.05; TBG $0.26
Ex-dividend: BGIG Oct 29, 2026; TBG Sep 28, 2026
Paid on: BGIG Pays Nov 2, 2026; TBG Sep 30, 2026
Frequency: BGIG Monthly; TBG Quarterly

Distribution history

Per share, 2023 to 2026, same scale for both

BGIGMonthly · 38 paymentsAll BGIG payments⁠

TBGQuarterly · 12 paymentsAll TBG payments⁠

BGIG vs TBG 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%TBG 12.9%since Dec 2023
Return per unit of riskSharpe ratio, 3 years: BGIG 1.49TBG 1.06since Dec 2023
Worst fallMax drawdown, 5 years: BGIG −13.2%since Sep 2023TBG −14.8%since Nov 2023
Market sensitivityBeta, 5 years: BGIG 0.55TBG 0.63; Market = 1

BGIG and TBG 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

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BGIG vs TBG

In short

Stated mandate

Why people hold it

Worth knowing

How BGIG and TBG differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in BGIG

Only in TBG

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

How BGIG and TBG differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in BGIG

Only in TBG

Weight gaps