AVIE vs. DFCF

Last updated Jun 24, 2026

AVIE (Avantis Inflation Focused Equity ETF) and DFCF (Dimensional Core Fixed Income ETF) are both exchange-traded funds - AVIE is a Large Cap Blend Equities fund actively managed by Avantis, while DFCF is a Intermediate Core Bond fund actively managed by Dimensional. Both are actively managed. Over the past 3 years, AVIE returned 13.16%/yr vs 4.71%/yr for DFCF. At a 0.12 correlation, their price movements are largely independent. AVIE charges 0.25%/yr vs 0.17%/yr for DFCF.

Performance

AVIE vs. DFCF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avantis Inflation Focused Equity ETF (AVIE) and Dimensional Core Fixed Income ETF (DFCF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AVIE achieves a 13.10% return, which is significantly higher than DFCF's 0.13% return.

AVIE

• 1D: 0.74%
• 1M: -1.10%
• YTD: 13.10%
• 6M: 12.71%
• 1Y: 23.20%
• 3Y*: 13.16%
• 5Y*: —
• 10Y*: —

DFCF

• 1D: -0.31%
• 1M: 0.24%
• YTD: 0.13%
• 6M: 0.28%
• 1Y: 4.35%
• 3Y*: 4.71%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AVIE vs. DFCF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
AVIE Avantis Inflation Focused Equity ETF	13.10%	11.37%	6.17%	4.19%	15.20%
DFCF Dimensional Core Fixed Income ETF	0.13%	7.89%	1.86%	6.94%	2.19%

Correlation

The correlation between AVIE and DFCF is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.12
Correlation (3Y) Calculated over the trailing 3-year period	0.14
Correlation (All Time) Calculated using the full available price history since Sep 29, 2022	0.12

Return for Risk

AVIE vs. DFCF — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AVIE

AVIE Risk / Return Rank: 80
AVIE Sharpe Ratio Rank: 79
AVIE Sortino Ratio Rank: 81
AVIE Omega Ratio Rank: 75
AVIE Calmar Ratio Rank: 87
AVIE Martin Ratio Rank: 78

DFCF

DFCF Risk / Return Rank: 31
DFCF Sharpe Ratio Rank: 32
DFCF Sortino Ratio Rank: 31
DFCF Omega Ratio Rank: 29
DFCF Calmar Ratio Rank: 33
DFCF Martin Ratio Rank: 32

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AVIE vs. DFCF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis Inflation Focused Equity ETF (AVIE) and Dimensional Core Fixed Income ETF (DFCF). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AVIE	DFCF	Difference
Sharpe ratio: Return per unit of total volatility	2.34	1.10	+1.24
Sortino ratio: Return per unit of downside risk	3.34	1.61	+1.72
Omega ratio: Gain probability vs. loss probability	1.41	1.19	+0.22
Calmar ratio: Return relative to maximum drawdown	4.69	1.57	+3.13
Martin ratio: Return relative to average drawdown	14.23	4.50	+9.73

AVIE vs. DFCF - Sharpe Ratio Comparison

The current AVIE Sharpe Ratio is 2.34, which is higher than the DFCF Sharpe Ratio of 1.10. The chart below compares the historical Sharpe Ratios of AVIE and DFCF, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AVIE vs. DFCF - Drawdown Comparison

The maximum AVIE drawdown since its inception was -12.39%, smaller than the maximum DFCF drawdown of -19.56%. Use the drawdown chart below to compare losses from any high point for AVIE and DFCF.

Drawdown Indicators

	AVIE	DFCF	Difference
Max Drawdown Largest peak-to-trough decline	-12.39%	-19.56%	+7.17%
Max Drawdown (1Y) Largest decline over 1 year	-4.97%	-2.79%	-2.18%
Max Drawdown (3Y) Largest decline over 3 years	-12.39%	-5.05%	-7.34%
Current Drawdown Current decline from peak	-1.66%	-1.69%	+0.03%
Average Drawdown Average peak-to-trough decline	-3.00%	-7.96%	+4.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.63%	0.97%	+0.66%

Volatility

AVIE vs. DFCF - Volatility Comparison

Avantis Inflation Focused Equity ETF (AVIE) has a higher volatility of 2.89% compared to Dimensional Core Fixed Income ETF (DFCF) at 1.25%. This indicates that AVIE's price experiences larger fluctuations and is considered to be riskier than DFCF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AVIE	DFCF	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.89%	1.25%	+1.64%
Volatility (6M) Calculated over the trailing 6-month period	7.04%	3.01%	+4.03%
Volatility (1Y) Calculated over the trailing 1-year period	9.97%	3.97%	+6.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.90%	6.45%	+6.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.90%	6.45%	+6.45%

AVIE vs. DFCF - Expense Ratio Comparison

AVIE has a 0.25% expense ratio, which is higher than DFCF's 0.17% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

AVIE vs. DFCF - Dividend Comparison

AVIE's dividend yield for the trailing twelve months is around 1.87%, less than DFCF's 4.32% yield.

Position	TTM	2025	2024	2023	2022	2021
AVIE Avantis Inflation Focused Equity ETF	1.87%	1.75%	1.89%	3.72%	0.39%	0.00%
DFCF Dimensional Core Fixed Income ETF	4.32%	4.48%	4.61%	4.51%	3.27%	0.16%

Frequently Asked Questions

Can I hold both AVIE and DFCF in my portfolio?

AVIE and DFCF have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AVIE or DFCF?

AVIE has higher volatility (2.89%) compared to DFCF (1.25%). In terms of maximum drawdown, AVIE dropped -12.39% vs DFCF's -19.56%.

Which ETF is better, AVIE or DFCF?

On 3-year performance, AVIE leads with 13.16% vs 4.71% for DFCF. On fees, DFCF is cheaper at 0.17% per year. On volatility, DFCF has been the lower-risk option at 1.25%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AVIE or DFCF?

Over the 3-year period, AVIE has performed better with a 13.16% return vs 4.71%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AVIE or DFCF?

DFCF is cheaper with a 0.17% expense ratio, compared with 0.25% for AVIE.

Which ETF pays a higher dividend yield, AVIE or DFCF?

DFCF has the higher dividend yield at 4.32%, compared with 1.87% for AVIE.

What is the main difference between AVIE and DFCF?

AVIE is categorized as Large Cap Blend Equities, while DFCF is Intermediate Core Bond. They also come from different issuers: Avantis and Dimensional. Their fees differ too: 0.25% for AVIE and 0.17% for DFCF.

Which has better risk-adjusted returns?

AVIE currently has the higher Sharpe Ratio (2.34 vs 1.10), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.