BGIG vs TDVG: Grades, Fees and Holdings Compared

Bahl & Gaynor Income Growth ETF

BGIGANYSE Arca

T. Rowe Price Dividend Growth ETF

TDVGBNYSE Arca

Overlap

32.0%by weight

Expense ratio

BGIG −0.05pt a year

BGIG0.45%TDVG0.50%

Avg volume · 30D

BGIG 2.0×the volume

BGIG171KTDVG83.8K

3Y return · a year

BGIG +1.2pt

BGIG+19.6%TDVG+18.4%

BGIG vs TDVG Performance

Oct 31, 2025 – Oct 30, 2026

+18.6%BGIG+16.2%TDVG

Expense ratio: BGIG 0.45%, better; TDVG 0.50%
Fund size: BGIG $2.29B; TDVG $1.35B
1Y total return: BGIG +18.6%, better; TDVG +16.2%
Yield (12M): BGIG 1.67%, better; TDVG 0.96%
Holdings: BGIG 50; TDVG 89
Avg volume (30D): BGIG 171K sh, better; TDVG 83.8K sh
NAV per share: BGIG $37.45; TDVG $50.66
52W range

ETF.net Grade

Pillar letters and Scores for BGIG, TDVG, with each pillar’s weight
Pillar	BGIG	TDVG
Cost30% weight	A73Higher	B55
Mission25% weight	C40	Not scored
Risk15% weight	B64Higher	B60
Tradability15% weight	A80Higher	B69
Holdings10% weight	C53	A80Higher
Durability5% weight	A83	A94Higher

Rank among US Active Dividend Income funds

How we build Categories ›

Same Category. BGIG and TDVG 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 TDVG 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 9BTBGTBG Dividend Focus ETFScore 64
Rank 9BTDVGT. Rowe Price Dividend Growth ETFScore 64
Rank 12BBEDYBNY Mellon Enhanced Dividend and Income ETFScore 62

Our read on each fund

ETF.net Research

BGIGABahl & Gaynor Income Growth ETF

TDVGBT. Rowe Price Dividend Growth 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.

TDVG T. Rowe Price's stock pickers in an ETF wrapper. TDVG hunts companies that keep raising dividends rather than the fattest current yields, in a compact book of roughly 100 US names, and has been running since 2020.

Stated mandate

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

TDVG The fund seeks dividend income and long-term capital growth.

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.

TDVG Dividend growth, not top yield: at least 80% in stocks with an established or expected record of paying dividends, screened for sustainable earnings, sound finances and durable advantages.
At 0.50% it undercuts the typical active dividend fund, and it rates among the stronger implementations in a crowded active-income field.
About 100 stocks, so manager conviction shows instead of getting diluted across hundreds of names. Income is paid quarterly.
A multi-billion-dollar fund live since 2020, with trading that has held up well for an actively managed strategy.

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.

TDVG The screens favor companies raising payouts over the fattest current yielders, so the income profile tends to run lighter than deep-value dividend strategies.
0.50% is active-manager pricing: strong peers in the same cohort charge less, including CGDV at 0.33% and HIDV at 0.35%.
No index to hide behind. Outcomes ride on the team's picks, and a US-only book of roughly 100 stocks carries full equity market risk.

Full BGIG profile⁠

Full TDVG profile⁠

BGIG vs TDVG Holdings

How BGIG and TDVG differ

Overlap by weight

32.0%

Shared holdings make up 58.3% of BGIG and 34.0% of TDVG.

Level by level

Holdings24 in both32.0%
Sector11 Sectors85.6%
Countryby domicile93.2%
Asset classEquity100%

Sector

Sector weights in BGIG and TDVG, widest gap first
Sector	More in BGIGMore in TDVG	BGIG	TDVG
Energy	BGIG +5.3 points	10.5%	5.2%
Financials	TDVG +4.3 points	15.0%	19.3%
Utilities	BGIG +3.4 points	6.4%	3.0%
Health Care	BGIG +3.1 points	16.9%	13.8%
Industrials	TDVG +2.7 points	10.1%	12.8%
Materials	TDVG +2.3 points	0.0%	2.3%
Consumer Staples	TDVG +2.2 points	4.5%	6.7%
Technology	TDVG +2.2 points	26.4%	28.6%
Real Estate	BGIG +1.7 points	3.1%	1.4%
Communication	BGIG +0.8 points	1.4%	0.7%
Consumer Discretionary	TDVG +0.6 points	5.8%	6.4%

Country, concentration and asset class

Country by domicile

Country weights in BGIG and TDVG, widest gap first
Country	More in BGIGMore in TDVG	BGIG	TDVG
United States	TDVG +5.7 points	88.1%	93.8%
Taiwan	BGIG +3.2 points	4.5%	1.3%
Ireland	BGIG +1.3 points	1.3%	0.0%
China	BGIG +1.3 points	2.3%	1.0%
Canada	TDVG +0.9 points	0.0%	0.9%
Finland	BGIG +0.8 points	0.8%	0.0%
Other countries (2)	BGIG +0.1 points	3.1%	3.0%

Concentration

Weight in the 10 largest Holdings

BGIG40.8%
TDVG31.1%

Securities held

BGIG50
TDVG89

Asset class

BGIG: Equity
TDVG: Equity

Holdings

Only in BGIG26
In both24
Only in TDVG65

Only in BGIG

26 securities, 41.7% of BGIG by weight

Chevron Corp4.09%
PNC Financial Services Group Inc/The3.68%
Apollo Global Management Inc3.04%
Travelers Cos Inc/The2.59%
General Dynamics Corp2.39%
Darden Restaurants Inc1.99%
Targa Resources Corp1.87%
Garmin Ltd1.86%
WEC Energy Group Inc1.47%
PPL Corp1.47%
Fastenal Co1.47%
Cummins Inc1.41%
Sempra1.39%
RTX Corp1.38%
TKO Group Holdings Inc1.34%
Smurfit Westrock PLC1.31%
British American Tobacco PLC1.22%
Eaton Corp PLC1.16%
Accenture PLC1.16%
Illinois Tool Works Inc1.10%
Ventas Inc0.89%
ONEOK Inc0.83%
Nokia Oyj0.79%
Corning Inc0.70%
VICI Properties Inc0.55%
Waste Management Inc0.52%

Only in TDVG

65 securities, 66.0% of TDVG by weight

Apple6.35%
Visa3.07%
Ge2.01%
Chubb1.98%
Bank of America1.82%
Analog Devices1.69%
Kla1.66%
Coca-Cola1.57%
Morgan Stanley1.52%
Wal-Mart1.52%
Thermo Fisher Scientific1.48%
Deere1.47%
Ross Stores1.46%
Linde1.41%
American Express1.40%
Hilton Worldwide Holdings1.30%
ConocoPhillips1.30%
Marsh & McLennan1.29%
Gilead Sciences1.27%
Amphenol1.26%
Charles Schwab1.26%
Ameren1.18%
Applied Materials1.17%
Quest Diagnostics1.16%
Howmet Aerospace1.16%
NVIDIA1.13%
McKesson1.11%
Colgate-Palmolive1.07%
Caterpillar0.96%
Progressive0.94%
Waste Connections0.93%
Sherwin-Williams0.93%
Northrop Grumman0.91%
Stryker0.87%
Csx0.87%
Trane Technologies0.81%
Atmos Energy0.80%
Schlumberger0.70%
T-Mobile US0.69%
Danaher0.64%
Old Dominion Freight Line0.62%
Goldman Sachs0.60%
EOG Resources0.59%
Qualcomm0.55%
Emerson Electric0.55%
S&P Global0.51%
Costco Wholesale0.51%
Avery Dennison0.51%
American Tower0.50%
Yum! Brands0.48%

Weight gaps

All 24 Holdings in both funds, largest gap first.

Holding weights in BGIG and TDVG, widest gap first
Holding	More in BGIGMore in TDVG	BGIG	TDVG
Johnson & JohnsonJNJ	BGIG +3.32 points	4.15%	0.83%
Taiwan Semiconductor Manufacturing Co LtdTSM	BGIG +3.21 points	4.49%	1.28%
UnitedHealth Group IncUNH	BGIG +2.90 points	4.56%	1.66%
AbbVie IncABBV	BGIG +2.89 points	4.45%	1.56%
Williams Cos Inc/TheWMB	BGIG +1.98 points	2.61%	0.63%
CME Group IncCME	BGIG +1.65 points	2.08%	0.43%
Automatic Data Processing IncADP	BGIG +1.30 points	1.78%	0.48%
Eli Lilly & CoLLY	BGIG +1.28 points	3.25%	1.97%
TE Connectivity PLCTEL	BGIG +1.25 points	2.24%	0.99%
Elevance Health IncANTM	BGIG +1.08 points	1.39%	0.31%
Cisco Systems IncCSCO	BGIG +1.02 points	2.45%	1.43%
Broadcom IncAVGO	BGIG +0.93 points	3.96%	3.03%
NextEra Energy IncNEE	BGIG +0.82 points	1.49%	0.67%
Mondelez International IncMDLZ	BGIG +0.81 points	1.68%	0.87%
Home Depot Inc/TheHD	BGIG +0.63 points	1.76%	1.13%
Vivmark ResidentialEQR	BGIG +0.62 points	1.50%	0.88%
Philip Morris International IncPM	BGIG +0.61 points	1.88%	1.27%
Microsoft CorpMSFT	TDVG +0.51 points	5.09%	5.60%
Union Pacific CorpUNP	TDVG +0.48 points	0.72%	1.20%
ExxonMobil Holdings CorpXOM	TDVG +0.35 points	1.65%	2.00%
JPMorgan Chase & Co.JPM	TDVG +0.31 points	2.93%	3.24%
Texas Instruments IncTXN	TDVG +0.16 points	0.90%	1.06%
McDonald's CorpMCD	TDVG +0.08 points	0.84%	0.92%
Hartford Insurance Group Inc/TheHIG	TDVG +0.04 points	0.49%	0.53%

All 50 BGIG holdings⁠All 103 TDVG 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 TDVG Cost

Overpaying TDVG vs BGIG

$938

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

BGIG 0.45%
$9,041
TDVG 0.50%
$9,979

Amount$10,000

Years30 years

Cost over time

BGIG 0.45%
TDVG 0.50%
Overpaying

Year by year

Year	BGIG	TDVG	Overpaying
10	$812	$900	$88
20	$3,128	$3,460	$332
30	$9,041	$9,979	$938

Expense ratio

0.45%BGIG, cheaper
0.50%TDVG

BGIG0.45%TDVG0.50%

0.25%0.99%

Middle half of US Active Dividend Income funds
Median 0.50%

BGIG 9th cheapest of 40 funds

TDVG 17th cheapest of 40 funds

BGIG vs TDVG Dividends

Last 12 months to Oct 30, 2026

Yield (12M): BGIG 1.67%, better; TDVG 0.96%
Payout (12M): BGIG $0.62; TDVG $0.49
Last payment: BGIG $0.05; TDVG $0.11
Ex-dividend: BGIG Oct 29, 2026; TDVG Sep 28, 2026
Paid on: BGIG Pays Nov 2, 2026; TDVG Sep 30, 2026
Frequency: BGIG Monthly; TDVG Quarterly

Distribution history

Per share, 2023 to 2026, same scale for both

BGIGMonthly · 38 paymentsAll BGIG payments⁠

TDVGQuarterly · 15 paymentsAll TDVG payments⁠

BGIG vs TDVG 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%, betterTDVG 10.5%
Return per unit of riskSharpe ratio, 3 years: BGIG 1.49, betterTDVG 1.24
Worst fallMax drawdown, 5 years: BGIG −13.2%since Sep 2023TDVG −19.2%
Market sensitivityBeta, 5 years: BGIG 0.55TDVG 0.78; Market = 1

BGIG and TDVG in the news

All news⁠

New ETFs
Eventide lists two ETFs at 0.75% and 0.95% for strategies it already runs
Oct 30, 2026TDVG
New ETFs
American Beacon's London Company ETF charges 0.67%, and the prospectus limits the tax pitch
Oct 5, 2026BGIG
New ETFs
Raub Brock lists HQDG, an active dividend-growth ETF priced at 0.50%
Sep 8, 2026TDVG

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