Diamond Hill Large Cap Concentrated ETF

DHLX

Valor de mercado US$ 72,8 mi

The Fund returned 1.44% compared to a 13.87% return for the Russell 1000 Value Index. Within the Russell 1000 Value Index, the information technology sector was by far the best-performing sector in 2Q26 with an astounding 81% return. Energy (-14%) was the worst-performing sector as an agreement to end the war in Iran led to a significant drop in oil prices.

Disney's earnings beat, streaming momentum and parks growth put ETFs with heavy exposure to the company in focus.

The Fund returned 1.30% and the Russell 1000 Value Index returned 3.81%. We continue to find more attractive opportunities among high-quality, cash-generative, businesses with more defensive characteristics. The portfolio's lack of exposure to these AI-related companies was responsible for around 70% of the Q4 underperformance.