BINV vs. DFIV

Last updated Aug 2, 2026

BINV (Brandes International ETF) and DFIV (Dimensional International Value ETF) are both Foreign Large Cap Equities funds. Both are actively managed. Over the past year, BINV returned 28.66% vs 37.44% for DFIV. Their correlation of 0.85 means they have usually moved in the same direction. BINV charges 0.70%/yr vs 0.27%/yr for DFIV.

Performance

BINV vs. DFIV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Brandes International ETF (BINV) and Dimensional International Value ETF (DFIV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BINV achieves a 13.46% return, which is significantly lower than DFIV's 16.68% return.

BINV

• 1D: -0.04%
• 1M: 5.32%
• 6M: 8.47%
• YTD: 13.46%
• 1Y: 28.66%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 25.59%

DFIV

• 1D: -0.47%
• 1M: 4.37%
• 6M: 10.06%
• YTD: 16.68%
• 1Y: 37.44%
• 3Y*: 23.26%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 16.12%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BINV Brandes International ETF	$1.36M	$1.49M	$1.74M
DFIV Dimensional International Value ETF	$76.53M	$67.72M	$67.89M

BINV vs. DFIV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
BINV Brandes International ETF	13.46%	37.84%	7.71%	12.86%
DFIV Dimensional International Value ETF	16.68%	45.36%	7.26%	10.52%

Correlation

The correlation between BINV and DFIV is 0.78, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.78
Correlation (All Time) Calculated using the full available price history since Oct 5, 2023	0.85

The correlation between BINV and DFIV has been stable across timeframes, ranging from 0.78 to 0.85 - a consistent structural relationship.

BINV vs. DFIV - Sectors Allocation Comparison

Sectors	BINV	DFIV
Consumer Defensive	26.1%	5.2%
Healthcare	16.9%	5.4%
Consumer Cyclical	14.0%	9.7%
Industrials	9.9%	9.8%
Technology	9.5%	3.1%
Financial Services	7.8%	34.3%
Communication Services	5.5%	4.0%
Basic Materials	4.4%	10.5%
Energy	2.6%	14.1%
Real Estate	1.9%	1.7%
Utilities	1.4%	2.3%

Return for Risk

BINV vs. DFIV — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

BINV

BINV Risk / Return Rank: 79
BINV Sharpe Ratio Rank: 87
BINV Sortino Ratio Rank: 87
BINV Omega Ratio Rank: 85
BINV Calmar Ratio Rank: 71
BINV Martin Ratio Rank: 66

DFIV

DFIV Risk / Return Rank: 93
DFIV Sharpe Ratio Rank: 95
DFIV Sortino Ratio Rank: 94
DFIV Omega Ratio Rank: 93
DFIV Calmar Ratio Rank: 90
DFIV Martin Ratio Rank: 91

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

BINV vs. DFIV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Brandes International ETF (BINV) and Dimensional International Value ETF (DFIV). 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.

	BINV	DFIV	Difference
Sharpe ratio: Return per unit of total volatility	2.08	2.69	-0.61
Sortino ratio: Return per unit of downside risk	2.98	3.65	-0.67
Omega ratio: Gain probability vs. loss probability	1.37	1.48	-0.11
Calmar ratio: Return relative to maximum drawdown	2.49	3.86	-1.37
Martin ratio: Return relative to average drawdown	8.07	14.96	-6.90

BINV vs. DFIV - Sharpe Ratio Comparison

The current BINV Sharpe Ratio is 2.08, which is comparable to the DFIV Sharpe Ratio of 2.69. The chart below compares the historical Sharpe Ratios of BINV and DFIV, 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

BINV vs. DFIV - Drawdown Comparison

The maximum BINV drawdown since its inception was -14.91%, smaller than the maximum DFIV drawdown of -25.42%. Use the drawdown chart below to compare losses from any high point for BINV and DFIV.

Drawdown Indicators

	BINV	DFIV	Difference
Max Drawdown Largest peak-to-trough decline	-14.91%	-25.42%	+10.51%
Max Drawdown (1Y) Largest decline over 1 year	-11.50%	-9.66%	-1.84%
Max Drawdown (3Y) Largest decline over 3 years	—	-14.72%	—
Current Drawdown Current decline from peak	-0.04%	-0.47%	+0.43%
Average Drawdown Average peak-to-trough decline	-2.47%	-4.37%	+1.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.54%	2.49%	+1.05%

Volatility

BINV vs. DFIV - Volatility Comparison

Brandes International ETF (BINV) and Dimensional International Value ETF (DFIV) have volatilities of 3.93% and 3.89%, 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

	BINV	DFIV	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.93%	3.89%	+0.04%
Volatility (6M) Calculated over the trailing 6-month period	11.53%	11.59%	-0.06%
Volatility (1Y) Calculated over the trailing 1-year period	13.82%	13.91%	-0.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.68%	16.55%	-1.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.68%	16.55%	-1.87%

BINV vs. DFIV - Expense Ratio Comparison

BINV has a 0.70% expense ratio, which is higher than DFIV's 0.27% expense ratio.

Dividends

BINV vs. DFIV - Dividend Comparison

BINV's dividend yield for the trailing twelve months is around 2.09%, less than DFIV's 2.58% yield.

Position	TTM	2025	2024	2023	2022	2021
BINV Brandes International ETF	2.09%	2.23%	2.40%	0.28%	0.00%	0.00%
DFIV Dimensional International Value ETF	2.58%	2.92%	3.88%	3.93%	3.84%	2.30%

Frequently Asked Questions

Can I hold both BINV and DFIV in my portfolio?

BINV and DFIV have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BINV or DFIV?

BINV has higher volatility (3.93%) compared to DFIV (3.89%). In terms of maximum drawdown, BINV dropped -14.91% vs DFIV's -25.42%.

Which ETF is better, BINV or DFIV?

On 1-year performance, DFIV leads with 37.44% vs 28.66% for BINV. On fees, DFIV is cheaper at 0.27% 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, BINV or DFIV?

Over the 1-year period, DFIV has performed better with a 37.44% return vs 28.66%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BINV or DFIV?

DFIV is cheaper with a 0.27% expense ratio, compared with 0.70% for BINV.

Which ETF pays a higher dividend yield, BINV or DFIV?

DFIV has the higher dividend yield at 2.58%, compared with 2.09% for BINV.

What is the main difference between BINV and DFIV?

They also come from different issuers: Brandes and Dimensional. Their fees differ too: 0.70% for BINV and 0.27% for DFIV.

Which has better risk-adjusted returns?

DFIV currently has the higher Sharpe Ratio (2.69 vs 2.08), 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.