BIV vs. DFTEX
Compare and contrast key facts about Vanguard Intermediate-Term Bond Index ETF (BIV) and DFA Intermediate-Term Extended Quality Portfolio Fund (DFTEX).
BIV is a passively managed fund by Vanguard that tracks the performance of the Bloomberg U.S. 5–10 Year Government/Credit Float Adjusted Bond Index. It was launched on Apr 3, 2007. DFTEX is managed by Dimensional. It was launched on Jul 20, 2010.
Performance
BIV vs. DFTEX - Performance Comparison
Loading graphics...
BIV vs. DFTEX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BIV Vanguard Intermediate-Term Bond Index ETF | -0.23% | 8.52% | 1.57% | 6.07% | -13.21% | -2.40% | 9.67% | 10.34% | -0.19% | 3.65% |
DFTEX DFA Intermediate-Term Extended Quality Portfolio Fund | -0.88% | 7.70% | 2.89% | 9.61% | -16.28% | -2.05% | 10.26% | 13.38% | -2.10% | 5.20% |
Returns By Period
In the year-to-date period, BIV achieves a -0.23% return, which is significantly higher than DFTEX's -0.88% return. Over the past 10 years, BIV has underperformed DFTEX with an annualized return of 2.04%, while DFTEX has yielded a comparatively higher 2.40% annualized return.
BIV
- 1D
- 0.32%
- 1M
- -2.03%
- YTD
- -0.23%
- 6M
- 0.87%
- 1Y
- 4.99%
- 3Y*
- 3.99%
- 5Y*
- 0.54%
- 10Y*
- 2.04%
DFTEX
- 1D
- 0.57%
- 1M
- -2.66%
- YTD
- -0.88%
- 6M
- -0.04%
- 1Y
- 4.71%
- 3Y*
- 5.08%
- 5Y*
- 0.81%
- 10Y*
- 2.40%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
BIV vs. DFTEX - Expense Ratio Comparison
BIV has a 0.03% expense ratio, which is lower than DFTEX's 0.20% 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%.
Return for Risk
BIV vs. DFTEX — Risk / Return Rank
BIV
DFTEX
BIV vs. DFTEX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Intermediate-Term Bond Index ETF (BIV) and DFA Intermediate-Term Extended Quality Portfolio Fund (DFTEX). 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.
| BIV | DFTEX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.10 | 1.05 | +0.06 |
Sortino ratioReturn per unit of downside risk | 1.59 | 1.50 | +0.09 |
Omega ratioGain probability vs. loss probability | 1.20 | 1.19 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.82 | 1.46 | +0.36 |
Martin ratioReturn relative to average drawdown | 5.87 | 4.93 | +0.95 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| BIV | DFTEX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.10 | 1.05 | +0.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.09 | 0.12 | -0.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.37 | 0.41 | -0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.65 | 0.46 | +0.19 |
Correlation
The correlation between BIV and DFTEX is 0.93, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
BIV vs. DFTEX - Dividend Comparison
BIV's dividend yield for the trailing twelve months is around 4.10%, less than DFTEX's 4.76% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BIV Vanguard Intermediate-Term Bond Index ETF | 4.10% | 4.01% | 3.79% | 3.09% | 2.41% | 3.42% | 2.95% | 2.75% | 2.88% | 2.69% | 3.01% | 3.02% |
DFTEX DFA Intermediate-Term Extended Quality Portfolio Fund | 4.76% | 4.30% | 4.27% | 3.79% | 3.25% | 4.12% | 3.31% | 3.06% | 3.24% | 2.91% | 2.88% | 3.90% |
Drawdowns
BIV vs. DFTEX - Drawdown Comparison
The maximum BIV drawdown since its inception was -18.95%, smaller than the maximum DFTEX drawdown of -22.83%. Use the drawdown chart below to compare losses from any high point for BIV and DFTEX.
Loading graphics...
Drawdown Indicators
| BIV | DFTEX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.95% | -22.83% | +3.88% |
Max Drawdown (1Y)Largest decline over 1 year | -2.87% | -3.30% | +0.43% |
Max Drawdown (5Y)Largest decline over 5 years | -18.74% | -22.83% | +4.09% |
Max Drawdown (10Y)Largest decline over 10 years | -18.95% | -22.83% | +3.88% |
Current DrawdownCurrent decline from peak | -2.03% | -2.66% | +0.63% |
Average DrawdownAverage peak-to-trough decline | -3.40% | -4.49% | +1.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.89% | 0.98% | -0.09% |
Volatility
BIV vs. DFTEX - Volatility Comparison
The current volatility for Vanguard Intermediate-Term Bond Index ETF (BIV) is 1.77%, while DFA Intermediate-Term Extended Quality Portfolio Fund (DFTEX) has a volatility of 1.87%. This indicates that BIV experiences smaller price fluctuations and is considered to be less risky than DFTEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| BIV | DFTEX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.77% | 1.87% | -0.10% |
Volatility (6M)Calculated over the trailing 6-month period | 2.74% | 2.76% | -0.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.55% | 4.69% | -0.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.39% | 6.70% | -0.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.50% | 5.88% | -0.38% |