AVIG vs. DFCF

Last updated Jun 23, 2026

AVIG (Avantis Core Fixed Income ETF) and DFCF (Dimensional Core Fixed Income ETF) are both Intermediate Core Bond funds. Both are actively managed. Over the past 3 years, AVIG returned 4.41%/yr vs 4.82%/yr for DFCF. With a 0.96 correlation, they move nearly in lockstep. AVIG charges 0.15%/yr vs 0.17%/yr for DFCF.

Performance

AVIG vs. DFCF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avantis Core Fixed Income ETF (AVIG) 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, AVIG achieves a 0.10% return, which is significantly lower than DFCF's 0.44% return.

AVIG

• 1D: -0.25%
• 1M: 0.39%
• YTD: 0.10%
• 6M: 0.25%
• 1Y: 4.63%
• 3Y*: 4.41%
• 5Y*: 0.08%
• 10Y*: —

DFCF

• 1D: -0.24%
• 1M: 0.55%
• YTD: 0.44%
• 6M: 0.54%
• 1Y: 4.99%
• 3Y*: 4.82%
• 5Y*: —
• 10Y*: —

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

AVIG vs. DFCF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
AVIG Avantis Core Fixed Income ETF	0.10%	7.98%	1.55%	6.41%	-13.94%	0.48%
DFCF Dimensional Core Fixed Income ETF	0.44%	7.89%	1.86%	6.94%	-14.48%	0.04%

Correlation

The correlation between AVIG and DFCF is 0.98 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.98
Correlation (3Y) Calculated over the trailing 3-year period	0.96
Correlation (All Time) Calculated using the full available price history since Nov 16, 2021	0.96

The correlation between AVIG and DFCF has been stable across timeframes, ranging from 0.96 to 0.98 - a consistent structural relationship.

Return for Risk

AVIG vs. DFCF — Risk / Return Rank

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

AVIG

AVIG Risk / Return Rank: 34
AVIG Sharpe Ratio Rank: 35
AVIG Sortino Ratio Rank: 35
AVIG Omega Ratio Rank: 32
AVIG Calmar Ratio Rank: 34
AVIG Martin Ratio Rank: 33

DFCF

DFCF Risk / Return Rank: 36
DFCF Sharpe Ratio Rank: 36
DFCF Sortino Ratio Rank: 36
DFCF Omega Ratio Rank: 33
DFCF Calmar Ratio Rank: 37
DFCF Martin Ratio Rank: 35

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.

AVIG vs. DFCF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis Core Fixed Income ETF (AVIG) 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.

	AVIG	DFCF	Difference
Sharpe ratio: Return per unit of total volatility	1.22	1.27	-0.05
Sortino ratio: Return per unit of downside risk	1.78	1.86	-0.08
Omega ratio: Gain probability vs. loss probability	1.21	1.22	-0.01
Calmar ratio: Return relative to maximum drawdown	1.65	1.80	-0.15
Martin ratio: Return relative to average drawdown	4.71	5.20	-0.49

AVIG vs. DFCF - Sharpe Ratio Comparison

The current AVIG Sharpe Ratio is 1.22, which is comparable to the DFCF Sharpe Ratio of 1.27. The chart below compares the historical Sharpe Ratios of AVIG 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

AVIG vs. DFCF - Drawdown Comparison

The maximum AVIG drawdown since its inception was -19.64%, roughly equal to the maximum DFCF drawdown of -19.56%. Use the drawdown chart below to compare losses from any high point for AVIG and DFCF.

Drawdown Indicators

	AVIG	DFCF	Difference
Max Drawdown Largest peak-to-trough decline	-19.64%	-19.56%	-0.08%
Max Drawdown (1Y) Largest decline over 1 year	-2.82%	-2.79%	-0.03%
Max Drawdown (3Y) Largest decline over 3 years	-6.03%	-5.05%	-0.98%
Max Drawdown (5Y) Largest decline over 5 years	-19.47%	—	—
Current Drawdown Current decline from peak	-1.63%	-1.39%	-0.24%
Average Drawdown Average peak-to-trough decline	-7.70%	-7.96%	+0.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.99%	0.96%	+0.03%

Volatility

AVIG vs. DFCF - Volatility Comparison

Avantis Core Fixed Income ETF (AVIG) and Dimensional Core Fixed Income ETF (DFCF) have volatilities of 1.15% and 1.21%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AVIG	DFCF	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.15%	1.21%	-0.06%
Volatility (6M) Calculated over the trailing 6-month period	2.97%	3.01%	-0.04%
Volatility (1Y) Calculated over the trailing 1-year period	3.83%	3.97%	-0.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.24%	6.45%	-0.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.99%	6.45%	-0.46%

AVIG vs. DFCF - Expense Ratio Comparison

AVIG has a 0.15% expense ratio, which is lower than DFCF's 0.17% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

AVIG vs. DFCF - Dividend Comparison

AVIG's dividend yield for the trailing twelve months is around 4.38%, more than DFCF's 4.31% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
AVIG Avantis Core Fixed Income ETF	4.38%	4.36%	4.66%	4.06%	2.53%	1.12%	0.22%
DFCF Dimensional Core Fixed Income ETF	4.31%	4.48%	4.61%	4.51%	3.27%	0.16%	0.00%

Frequently Asked Questions

Can I hold both AVIG and DFCF in my portfolio?

With a correlation of 0.98, AVIG and DFCF move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, AVIG or DFCF?

DFCF has higher volatility (1.21%) compared to AVIG (1.15%). In terms of maximum drawdown, AVIG dropped -19.64% vs DFCF's -19.56%.

Which ETF is better, AVIG or DFCF?

On 3-year performance, DFCF leads with 4.82% vs 4.41% for AVIG. On fees, AVIG is cheaper at 0.15% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AVIG or DFCF?

Over the 3-year period, DFCF has performed better with a 4.82% return vs 4.41%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AVIG or DFCF?

AVIG is cheaper with a 0.15% expense ratio, compared with 0.17% for DFCF.

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

AVIG has the higher dividend yield at 4.38%, compared with 4.31% for DFCF.

What is the main difference between AVIG and DFCF?

They also come from different issuers: Avantis and Dimensional. Their fees differ too: 0.15% for AVIG and 0.17% for DFCF.

Which has better risk-adjusted returns?

DFCF currently has the higher Sharpe Ratio (1.27 vs 1.22), 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.