DHLRX Performance — Diamond Hill Large Cap Fund, Class I
Data updated: 2026-08-31
DHLRX returned +0.84% year to date and +2.17% over one year to Jun 2026. Annualised returns are +8.86% over 3 years and +5.10% over 5 years. The fund trailed its US Mid-Cap Value category average: $100 invested three years ago grew to $129, against $148 for the category, and to $102 over one year, against $120. Volatility over the past three years was 12.90% a year. In the 12 months to Jun 2026 the fund lost a net $5.3B, and assets reached $2.88B.
DHLRX Growth of $100
What $100 invested in Diamond Hill Large Cap Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Mid-Cap Value category average over the same months.
| Period | DHLRX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $102 | $120 |
| 3 years (Jul 2023 – Jun 2026) | $129 | $148 |
| 5 years (Jul 2021 – Jun 2026) | $128 | $154 |
| Since data start (Jul 2019 – Jun 2026) | $220 | $212 |
DHLRX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +0.84% |
| 1 year | +2.17% |
| 3 years (annualised) | +8.86% |
| 5 years (annualised) | +5.10% |
DHLRX Annual Returns
Calendar-year total returns of Diamond Hill Large Cap Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +0.84% |
| 2025 | +5.65% |
| 2024 | +12.11% |
| 2023 | +13.66% |
| 2022 | −13.38% |
| 2021 | +25.75% |
| 2020 | +48.46% |
| 2019 (Jul–Dec) | +0.09% |
DHLRX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +1.8% | +2.4% | −6.4% | +4.3% | −1.5% | +0.5% | — | — | — | — | — | — |
| 2025 | +4.1% | +0.7% | −3.3% | −4.1% | +4.3% | +2.9% | −1.4% | +3.6% | −2.2% | −2.0% | +1.8% | +1.6% |
| 2024 | +0.1% | +4.5% | +5.7% | −4.8% | +1.9% | −1.0% | +4.9% | +3.2% | −0.3% | −0.2% | +4.6% | −6.3% |
| 2023 | +6.4% | −3.7% | −3.1% | +1.7% | −3.2% | +7.6% | +3.3% | −2.2% | −4.0% | −3.7% | +8.4% | +6.7% |
| 2022 | −2.4% | −2.7% | +1.8% | −6.9% | +1.6% | −9.9% | +7.6% | −3.2% | −9.0% | +9.8% | +6.1% | −4.7% |
| 2021 | −2.1% | +6.1% | +6.5% | +4.8% | +1.1% | −1.6% | +1.9% | +1.9% | −3.9% | +5.7% | −2.7% | +6.3% |
| 2020 | 0.0% | −0.1% | −0.2% | +12.7% | +4.5% | +0.3% | +6.7% | +5.5% | −2.5% | −1.1% | +12.6% | +3.2% |
| 2019 | — | — | — | — | — | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
DHLRX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 12.90%
- 3-year Sharpe ratio: 0.34 (vs 4.5% risk-free rate)
- Best month: +8.38% (Nov 2023)
- Worst month: −6.40% (Mar 2026)
DHLRX Fund Flows
Monthly money in and out of Diamond Hill Large Cap Fund, from SEC Form N-PORT.
- 12-month net flow: −$5.3B
- 12-month gross sales (incl. reinvestments): $3.7B
- Sales ÷ redemptions: 0.41×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $100.3M | $327.5M | −$227.1M |
| May 2026 | $186.7M | $682.0M | −$495.3M |
| Apr 2026 | $242.4M | $708.8M | −$466.3M |
| Mar 2026 | $114.9M | $609.2M | −$494.3M |
| Feb 2026 | $471.6M | $1.4B | −$886.5M |
| Jan 2026 | $361.4M | $1.3B | −$905.0M |
| Dec 2025 | $652.6M | $546.0M | $106.6M |
| Nov 2025 | $334.5M | $1.1B | −$741.5M |
| Oct 2025 | $522.8M | $920.4M | −$397.6M |
| Sep 2025 | $241.4M | $462.6M | −$221.2M |
| Aug 2025 | $260.0M | $732.9M | −$472.9M |
| Jul 2025 | $174.7M | $257.6M | −$83.0M |
DHLRX Assets Under Management
Net assets of Diamond Hill Large Cap Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $2.88B |
| 2026-03-31 | $3.94B |
| 2025-12-31 | $6.29B |
| 2025-09-30 | $7.64B |
| 2025-06-30 | $8.41B |
| 2025-03-31 | $8.42B |
| 2024-12-31 | $8.62B |
| 2024-09-30 | $9.28B |
| 2024-06-30 | $8.50B |
| 2024-03-31 | $9.11B |
| 2023-12-31 | $8.41B |
| 2023-09-30 | $7.88B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.