Diamond Hill Long Short Fund Quote
| DIAMX Fund | USD 26.90 0.04 0.15% |
PerformanceOK
| Odds Of DistressLow
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Diamond Hill is trading at 26.90 as of the 22nd of March 2025; that is 0.15% down since the beginning of the trading day. The fund's open price was 26.94. Diamond Hill has about a 20 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. The performance scores are derived for the period starting the 22nd of December 2024 and ending today, the 22nd of March 2025. Click here to learn more.
The fund invests its assets in U.S. equity securities of any size capitalization that the Adviser believes are undervalued and selling short U.S. equity securities of any size capitalization the Adviser believes are overvalued. The Adviser focuses on estimating a companys value independent of its current stock price. More on Diamond Hill Long Short
Moving together with Diamond Mutual Fund
Diamond Mutual Fund Highlights
| Fund Concentration | Diamond Hill Funds, Large Value Funds, Long-Short Equity Funds, Long-Short Equity, Diamond Hill Funds (View all Sectors) |
| Update Date | 31st of March 2025 |
| Expense Ratio Date | 28th of February 2023 |
| Fiscal Year End | December |
Diamond Hill Long Short [DIAMX] is traded in USA and was established 22nd of March 2025. Diamond Hill is listed under Diamond Hill Funds category by Fama And French industry classification. The fund is listed under Long-Short Equity category and is part of Diamond Hill Funds family. This fund currently has accumulated 1.75 B in assets under management (AUM) with no minimum investment requirementsDiamond Hill Long is currently producing year-to-date (YTD) return of 2.07% with the current yeild of 0.02%, while the total return for the last 3 years was 5.82%.
Check Diamond Hill Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Diamond Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Diamond Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Diamond Hill Long Short Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Diamond Hill Long Short Mutual Fund Constituents
| DIS | Walt Disney | Stock | Communication Services | |
| CTSH | Cognizant Technology Solutions | Stock | Information Technology | |
| HUM | Humana Inc | Etf | Health Care | |
| HIG | Hartford Financial Services | Stock | Financials | |
| JCI | Johnson Controls International | Stock | Industrials | |
| CMCSA | Comcast Corp | Stock | Communication Services | |
| KKR | KKR Co LP | Stock | Financials | |
| BA | The Boeing | Stock | Industrials |
Diamond Hill Long Risk Profiles
| Mean Deviation | 0.3913 | |||
| Semi Deviation | 0.4429 | |||
| Standard Deviation | 0.5244 | |||
| Variance | 0.275 |
Diamond Hill Against Markets
Other Information on Investing in Diamond Mutual Fund
Diamond Hill financial ratios help investors to determine whether Diamond Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Diamond with respect to the benefits of owning Diamond Hill security.
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm |