ETF Evaluator:
Bahl & Gaynor Income Growth ETF ()
Follow This ETF
(as of Aug 26)
Best Performing in Large Value Over the Last Year
| 72.4% | iShares MSCI USA Value Factor ETF (VLUE) |
| 39.0% | SEI QiM U.S. Lrg Cap Value Actv ETF (SEIV) |
| 34.8% | LSV Disciplined Value ETF (LSVD) |
| 34.7% | iShares Core Dividend ETF (DIVB) |
| 34.4% | Avantis US Large Cap Value ETF (AVLV) |
Risk
Index
Risk
Index
ETF Details
Bahl & Gaynor Income Growth ETF Overview
Bahl & Gaynor Income Growth ETF (BGIG) is an actively managed U.S. Equity Large Value exchange-traded fund (ETF). Bahl & Gaynor Investment Counsel launched the ETF in 2023.
The investment seeks current and growing dividend income, downside protection relative to the broader equity market, and long-term capital appreciation.
The fund is an actively managed exchange-traded fund (“ETF”) that invests primarily in dividend-paying U.S.-listed equity securities of large capitalization companies, predominately those with a market capitalization greater than $7 billion.
About Bahl & Gaynor Income Growth ETF (BGIG)
There are 2 members of the management team with an average tenure of 2.88 years: Robert Groenke (2023) and Peter Kwiatkowski (2023). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 1 primary benchmark: S&P 500 (TR) (1970) index with a weighting of 100%. Bahl & Gaynor Income Growth ETF has 57 securities in its portfolio. The top 10 holdings constitute 39.3% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
Bahl & Gaynor Income Growth ETF is part of the Equity global asset class and is within the U.S. Equity ETF group. Bahl & Gaynor Income Growth ETF has 10.3% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 89.6% There is 10.3% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Bahl & Gaynor Income Growth ETF has 0.1% of the portfolio in cash.
Assets Under Management
The fund has $2 billion in total assets, which is below the $5 billion average for the Large Value category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
BGIG Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Bahl & Gaynor Income Growth ETF expense ratio is average compared to funds in the Large Value category. Bahl & Gaynor Income Growth ETF has an expense ratio of 0.45%, which is 21% higher than its category average, making the fund expense ratio grade a D. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Bahl & Gaynor Income Growth ETF has a portfolio turnover rate of 28%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 40% for the Large Value category.
Recently, in the month of July 2026, Bahl & Gaynor Income Growth ETF returned 2.0%, which earned it a grade of D, as the Large Value category had an average return of 2.4%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
Bahl & Gaynor Income Growth ETF has a trailing yield of 1.69%, which is below the 1.70% category average.
The fund normally distributes its income monthly and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Bahl & Gaynor Income Growth ETF Grades
Year to date, the ETF has returned 14.2%, 0.2 percentage points worse than the category, which translates into a grade of C. The fund has returned 21.5% over the past year (grade of D).
For more ETF grades, analysis and screening tools to help your investment discovery, join AAII for a $2, full-access trial. Learn more here: https://invest.aaii.com/membership.
Otherwise, for more information about Bahl & Gaynor Income Growth ETF, including its riskiness, submit your email to unlock the rest of the article.
Gain access to exclusive AAII member-only content.
BGIG Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| BGIG Return (NAV) | 2.0% | 4.9% | 21.5% | na | na | na |
| BGIG Return (Price) | 1.9% | 4.8% | 21.3% | na | na | na |
| NAV +/- Price Return | 0.067% | 0.097% | 0.166% | na | na | na |
| Large Value Avg | 2.4% | 5.9% | 24.1% | 16.3% | 11.3% | 12.1% |
| BGIG Grade (NAV) | D | D | D | na | na | na |
| +/- Category (NAV) | -0.4% | -1.0% | -2.6% | na | na | na |
| BGIG Tax-Cost Ratio | na | na | 0.8% | na | na | na |
BGIG Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| BGIG Return (NAV) | 14.2% | 12.4% | 16.9% | na | na | na | na | na | na | na | na |
| BGIG Return (Price) | 14.1% | 12.5% | 16.8% | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | -0.008% | 0.008% | -0.002% | na | na | na | na | na | na | na | na |
| Large Value Avg | 14.4% | 14.8% | 15.5% | 13.1% | -6.5% | 26.7% | 5.4% | 27.4% | -6.6% | 17.7% | 15.7% |
| BGIG Grade (NAV) | C | D | B | na | na | na | na | na | na | na | na |
| +/- Category | -0.2% | -2.5% | 1.4% | na | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | na |
| R-Squared: | na |
| Standard Deviation: | na |
| Category Risk Index: | na |
| Category Risk Rating: | |
| Total Risk Index: | na |
| Total Risk Rating: | |
| Portfolio Characteristics | |
| Yield: | 1.7% |
| Total Assets: | $ 2,212 Mil |
| Share Class Assets: | $ 2,212 Mil |
| Turnover: | 28.0% |
| Expense Ratio: | 0.45% |
| Index Fund: | No |
| Index Tracked: | S&P 500 (TR) (1970) |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Monthly |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 2.9 years | |||
| Average Tenure: 2.9 years | |||
| Managers (Year): Groenke Robert (2023), Kwiatkowski Peter (2023) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 57 |
| % in Top 10 Holdings: | 39.3% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 10.3% |
Portfolio Allocation |
|
| Domestic Stock: | 89.6% |
| Foreign Stock: | 10.3% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | -0.0% |
| Cash: | 0.1% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Bahl & Gaynor Investment Counsel |
| Phone Number: | 800-617-0004 |
| Website: | |
| Inception Date: | September 14, 2023 |
Expenses and Fees
| Expense Ratio (%): | 0.45% (Rating: Avg) |
| Category Average Expense Ratio (%): | 0.37% |
