Diamond Hill Funds (DHLX) Performance
DHLX total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +6.2% since Dec 31, 2025
- 1 year
- +8.5% total return
- Since first price
- +7.6% since 2025
DHLX trailing returns vs SPY, QQQ, AGG
| Period | DHLX total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +4.4% | +4.1% | −1.0% | −5.0% | +0.9% |
| 3 months | +6.0% | +5.7% | +3.2% | +1.9% | −0.4% |
| 6 months | +4.0% | +3.4% | +7.8% | +8.4% | −1.5% |
| YTD | +6.2% | +5.4% | +12.3% | +15.1% | −1.0% |
| 1 year | +8.5% | +7.5% | +14.4% | +15.9% | −1.1% |
| Since inceptionSep 29, 2025 | +7.6% | +6.5% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: DHLX vs SPY
From Sep 29, 2025: DHLX grew to $10,756, SPY to $11,574.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
DHLX returns by calendar year
2026 is year to date.
DHLX annual returns table
| Year | DHLX | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +6.2% | −8.4% | +12.3% | +15.1% | −1.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
DHLX risk statistics
| Statistic | Since 2025 |
|---|---|
| Annualized return | +3.0% |
| Volatility (annualized) | 12.3% |
| Sharpe ratio | 0.00 |
| Sortino ratio | 0.01 |
| Best month | +5.4% |
| Worst month | −6.9% |
| Best 12 months | +3.0% |
| Worst 12 months | +3.0% |
| Positive months | 58% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
DHLX rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 2 | +3.0% | +6.5% | +9.9% | 100% |
Every holding period starting at a month-end since 2025. Returns for 3 years and longer are annualized.
DHLX performance overview
Diamond Hill Funds (DHLX) returned +8.5% over the past year, with distributions reinvested. Since its first recorded price on Sep 29, 2025 it has returned +7.6%. Over the same year S&P 500 (SPY) returned +14.4%.
Related: DHLX chart, DHLX holdings, DHLX dividends, DHLX valuation. See the DHLX overview for the latest quote and fund facts.
DHLX performance FAQ
What is the DHLX return over the past year?
DHLX returned +8.5% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 7.5%.
How much would $10,000 invested in DHLX be worth?
$10,000 invested in DHLX at its first recorded close on September 29, 2025 would be worth about $10,756 on October 23, 2026 with distributions reinvested.
How volatile is DHLX?
Over the past history DHLX had an annualized volatility of 12.3% and a Sharpe ratio of 0.00 (excess return over 1–3 month T-bills per unit of risk).