DHLX vs MMCA

Comparison between Diamond Hill Large Cap Concentrated ETF (DHLX, ETF) and NYLI MACKAY CALIFORNIA MUNI INTERMEDIATE ETF (MMCA, ETF).

DHLX vs MMCA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	DHLX(ETF)	MMCA(ETF)
Net Assets	$89M	$89M
Expense Ratio	0.55%	0.36%
Max Drawdown	8.41%	17.98%
Sharpe Ratio	-0.03	0.55
5Y Beta	0.35	0.03
P/E Ratio	21.92	N/A
Forward P/E	17.28	N/A
PEG Ratio	0.74	N/A
5Y EPS CAGR	9.99%	N/A
Debt to Equity	371.12%	N/A
P/S Ratio	2.46	N/A
P/B Ratio	3.16	N/A

Net Assets

Winner

DHLX

$89M

MMCA

$89M

Expense Ratio

DHLX

0.55%

Winner

MMCA

0.36%

Max Drawdown

Winner

DHLX

8.41%

MMCA

17.98%

Sharpe Ratio

DHLX

-0.03

Winner

MMCA

0.55

5Y Beta

DHLX

0.35

Winner

MMCA

0.03

P/E Ratio

DHLX

21.92

MMCA

N/A

Forward P/E

DHLX

17.28

MMCA

N/A

PEG Ratio

DHLX

0.74

MMCA

N/A

5Y EPS CAGR

DHLX

9.99%

MMCA

N/A

Debt to Equity

DHLX

371.12%

MMCA

N/A

P/S Ratio

DHLX

2.46

MMCA

N/A

P/B Ratio

DHLX

3.16

MMCA

N/A

DHLX vs MMCA - Historical Returns

Returns include dividend reinvestment.

Period	DHLX	MMCA
1 month	+3.05%	-0.89%
3 months	-0.05%	-0.44%
6 months	+1.75%	-0.16%
1 year	+2.23%	+4.86%
5 years(CAGR)	N/A	+0.05%
Max(CAGR)	+2.77%	+0.05%

Winner

DHLX

+3.05%

MMCA

-0.89%

Winner

DHLX

-0.05%

MMCA

-0.44%

Winner

DHLX

+1.75%

MMCA

-0.16%

DHLX

+2.23%

Winner

MMCA

+4.86%

5Y(CAGR)

DHLX

N/A

MMCA

+0.05%

Max(CAGR)

Winner

DHLX

+2.77%

MMCA

+0.05%

DHLX vs MMCA - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	DHLX	MMCA
2026	+1.29%	+0.25%
2025	+1.24%	+5.53%
2024	N/A	+1.70%
2023	N/A	+5.62%
2022	N/A	-12.10%
2021	N/A	+0.01%

DHLX vs MMCA Drawdown Comparison

The maximum drawdown for DHLX was -8.40%, occurring on Mar 27, 2026. This drawdown has not yet recovered.

The maximum drawdown for MMCA was -15.97%, occurring on Oct 27, 2022. Recovery took 1011 trading sessions.

The current DHLX drawdown is -2.97%. The current MMCA drawdown is -1.86%.

Rank	DHLX	MMCA
#1	-8.40% Feb 27, 2026 - Mar 27, 2026	-15.97% Dec 22, 2021 - Jan 5, 2026
#2	-4.48% Oct 3, 2025 - Dec 11, 2025	-3.01% Feb 27, 2026 - Mar 26, 2026
#3	-2.50% Dec 24, 2025 - Jan 30, 2026	-0.32% Jan 16, 2026 - Jan 30, 2026
#4	-1.02% Feb 18, 2026 - Feb 26, 2026	-0.06% Feb 2, 2026 - Feb 4, 2026
#5	-0.99% Feb 6, 2026 - Feb 11, 2026	-0.05% Feb 10, 2026 - Feb 12, 2026
#6	-0.92% Feb 4, 2026 - Feb 6, 2026	-0.04% Jan 9, 2026 - Jan 13, 2026
#7	-0.70% Feb 11, 2026 - Feb 13, 2026	-0.04% Jan 14, 2026 - Jan 16, 2026
#8	-0.64% Dec 15, 2025 - Dec 22, 2025	-0.00% Jan 7, 2026 - Jan 9, 2026
#9	-0.48% Sep 29, 2025 - Oct 3, 2025	N/A
#10	-0.14% Feb 13, 2026 - Feb 18, 2026	N/A