ASLV vs DHLX
Allspring Special Large Value ETF vs Diamond Hill Large Cap Concentrated ETF
Which is better, ASLV or DHLX?
ASLV has been ahead.
ASLV has a lower expense ratio. ASLV led over 1Y and the full window. ASLV is less concentrated, with 39.6% of the fund in its ten largest positions against 59.3%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | ASLV | DHLX |
|---|---|---|
| Expense Ratio | 0.35%Best | 0.55% |
| AUM | $203M | $69M |
| Dividend Yield | 0.82% | 0.94% |
| Holdings | 46 | 63 |
| YTD Return | +7.80%Best | +5.05% |
| 1Y Return | +11.72%Best | +7.05% |
| Volatility (annualized) | 11.7%Best | 12.1% |
| Max Drawdown | -8.7% | -8.4%Best |
| $10,000 over 1 years | $11,090Best | $10,579 |
| Top 10 Weight | 39.6%Best | 59.3% |
| Fund Family | Allspring Global Investments | Diamond Hill Capital Management Inc. |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Mar 26, 2025 | Feb 26, 2021 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 1 years row, are measured over the window both funds cover: Sep 29, 2025 to Oct 14, 2026 (1 years).
ASLV vs DHLX growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1 years both funds cover.
ASLV vs DHLX Performance
Allspring Special Large Value ETF (ASLV) is an ETF from Allspring Global Investments and Diamond Hill Large Cap Concentrated ETF (DHLX) is an ETF from Diamond Hill Capital Management Inc.. Over the past year ASLV returned +11.72% while DHLX returned +7.05%. Year to date, ASLV is up 7.80% versus a gain of 5.05% for DHLX.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DHLX has been the more volatile fund, with annualized monthly volatility of 12.1% compared with 11.7% for ASLV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -8.7% for ASLV and -8.4% for DHLX. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.87. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ASLV charges 0.35% per year while DHLX charges 0.55%. On a $10,000 position that is $35 vs $55 annually, a gap of $20 per year that compounds over a long holding period. On income, ASLV currently yields 0.82% against 0.94% for DHLX.
Holdings Overlap
25.8% of ASLV's money is in holdings DHLX also owns. 42.4% of DHLX's money is in holdings ASLV also owns.
The two portfolios partly overlap.
7 positions in common, counted across the 43 positions we hold weights for in ASLV and 22 in DHLX, against full books of 46 and 63.
What only one of them owns
Our book lists 13 positions for DHLX that do not appear in our book for ASLV (49.0% of the fund), and 32 for ASLV that do not appear in DHLX (63.4%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in ASLV | Weight in DHLX | Difference |
|---|---|---|---|
| AMZNAmazon.Com Inc | 7.61% | 6.50% | 1.11% |
| MSFTMicrosoft Corp | 5.54% | 8.51% | 2.97% |
| BRK.BBerkshire Hathaway Inc Brk/B Us Equity | 3.55% | 6.83% | 3.28% |
| COPConocophillips Common Stock USD 0.01 | 2.55% | 7.05% | 4.50% |
| LHLabcorp Holdings Inc | 2.56% | 4.74% | 2.18% |
| VVisa Inc Class A | 2.60% | 4.15% | 1.55% |
| UNPUnion Pacific Corp | 1.42% | 4.57% | 3.15% |
42.4% of DHLX is already inside ASLV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ASLV or DHLX?
ASLV has an expense ratio of 0.35% while DHLX charges 0.55%. ASLV is the cheaper option, by $20 a year on a $10,000 investment.
Which performed better, ASLV or DHLX?
Over the past year ASLV returned +11.72% vs +7.05% for DHLX, so ASLV leads on 1-year performance. Over the longest common window we track (1 years), ASLV annualized +10.90% vs +5.79% for DHLX. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ASLV or DHLX?
DHLX has been the more volatile fund at 12.1% annualized versus 11.7% for ASLV. Worst drawdown: ASLV -8.7% vs DHLX -8.4%.
Should I hold both ASLV and DHLX?
ASLV and DHLX have a monthly-return correlation of 0.87, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between ASLV and DHLX?
42.4% of DHLX's money is in holdings ASLV also owns. 42.4% of DHLX's is in holdings ASLV also owns. They hold 7 positions in common, counted across the 43 positions we hold weights for in ASLV and 22 in DHLX.
Which pays a higher dividend, ASLV or DHLX?
ASLV yields 0.82% while DHLX yields 0.94%, so DHLX currently pays the higher dividend yield.
Is DHLX better than ASLV?
ASLV has a lower expense ratio. ASLV led over 1Y and the full window. ASLV is less concentrated, with 39.6% of the fund in its ten largest positions against 59.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.