DCOR vs. DFAS

Last updated Jun 4, 2026

DCOR (Dimensional US Core Equity 1 ETF) and DFAS (Dimensional U.S. Small Cap ETF) are both exchange-traded funds - DCOR is a Large Cap Blend Equities fund actively managed by Dimensional, while DFAS is a Small Cap Blend Equities fund actively managed by Dimensional. Both are actively managed. Over the past year, DCOR returned 28.02% vs 27.65% for DFAS. Their correlation of 0.89 suggests significant overlap in exposure. DCOR charges 0.14%/yr vs 0.34%/yr for DFAS.

Performance

DCOR vs. DFAS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dimensional US Core Equity 1 ETF (DCOR) and Dimensional U.S. Small Cap ETF (DFAS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DCOR achieves a 11.56% return, which is significantly lower than DFAS's 12.81% return.

DCOR

• 1D: -0.64%
• 1M: 4.40%
• YTD: 11.56%
• 6M: 11.77%
• 1Y: 28.02%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DFAS

• 1D: -0.81%
• 1M: 2.19%
• YTD: 12.81%
• 6M: 12.10%
• 1Y: 27.65%
• 3Y*: 15.22%
• 5Y*: —
• 10Y*: —

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

DCOR vs. DFAS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
DCOR Dimensional US Core Equity 1 ETF	11.56%	15.96%	21.19%	7.83%
DFAS Dimensional U.S. Small Cap ETF	12.81%	8.17%	10.21%	11.59%

Correlation

The correlation between DCOR and DFAS is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.89
Correlation (All Time) Calculated using the full available price history since Sep 14, 2023	0.89

The correlation between DCOR and DFAS has been stable across timeframes, ranging from 0.89 to 0.89 - a consistent structural relationship.

DCOR vs. DFAS - Sectors Allocation Comparison

Sectors	DCOR	DFAS
Technology	29.0%	15.0%
Financial Services	14.6%	19.5%
Industrials	12.1%	18.6%
Consumer Cyclical	10.6%	11.9%
Communication Services	9.1%	2.8%
Healthcare	8.7%	11.0%
Energy	5.6%	6.7%
Consumer Defensive	5.0%	4.3%
Basic Materials	2.8%	5.6%
Utilities	2.4%	3.8%
Real Estate	0.2%	0.2%

Return for Risk

DCOR vs. DFAS — Risk / Return Rank

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

DCOR

DCOR Risk / Return Rank: 72
DCOR Sharpe Ratio Rank: 72
DCOR Sortino Ratio Rank: 71
DCOR Omega Ratio Rank: 70
DCOR Calmar Ratio Rank: 68
DCOR Martin Ratio Rank: 78

DFAS

DFAS Risk / Return Rank: 51
DFAS Sharpe Ratio Rank: 47
DFAS Sortino Ratio Rank: 49
DFAS Omega Ratio Rank: 45
DFAS Calmar Ratio Rank: 59
DFAS Martin Ratio Rank: 57

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.

DCOR vs. DFAS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dimensional US Core Equity 1 ETF (DCOR) and Dimensional U.S. Small Cap ETF (DFAS). 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.

	DCOR	DFAS	Difference
Sharpe ratio: Return per unit of total volatility	2.38	1.66	+0.72
Sortino ratio: Return per unit of downside risk	3.29	2.46	+0.83
Omega ratio: Gain probability vs. loss probability	1.43	1.29	+0.14
Calmar ratio: Return relative to maximum drawdown	3.41	2.97	+0.44
Martin ratio: Return relative to average drawdown	15.19	10.17	+5.02
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DCOR vs. DFAS - Sharpe Ratio Comparison

The current DCOR Sharpe Ratio is 2.38, which is higher than the DFAS Sharpe Ratio of 1.66. The chart below compares the historical Sharpe Ratios of DCOR and DFAS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DCOR	DFAS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.38	1.66	+0.72
Sharpe Ratio (All Time) Calculated using the full available price history	1.41	0.36	+1.05

Drawdowns

DCOR vs. DFAS - Drawdown Comparison

The maximum DCOR drawdown since its inception was -19.10%, smaller than the maximum DFAS drawdown of -26.13%. Use the drawdown chart below to compare losses from any high point for DCOR and DFAS.

Drawdown Indicators

	DCOR	DFAS	Difference
Max Drawdown Largest peak-to-trough decline	-19.10%	-26.13%	+7.03%
Max Drawdown (1Y) Largest decline over 1 year	-8.26%	-9.36%	+1.10%
Max Drawdown (3Y) Largest decline over 3 years	—	-26.13%	—
Current Drawdown Current decline from peak	-0.64%	-0.81%	+0.17%
Average Drawdown Average peak-to-trough decline	-2.20%	-8.31%	+6.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.85%	2.73%	-0.88%

Volatility

DCOR vs. DFAS - Volatility Comparison

The current volatility for Dimensional US Core Equity 1 ETF (DCOR) is 2.90%, while Dimensional U.S. Small Cap ETF (DFAS) has a volatility of 4.31%. This indicates that DCOR experiences smaller price fluctuations and is considered to be less risky than DFAS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DCOR	DFAS	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.90%	4.31%	-1.41%
Volatility (6M) Calculated over the trailing 6-month period	8.79%	11.58%	-2.79%
Volatility (1Y) Calculated over the trailing 1-year period	11.84%	16.77%	-4.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.15%	20.84%	-5.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.15%	20.84%	-5.69%

DCOR vs. DFAS - Expense Ratio Comparison

DCOR has a 0.14% expense ratio, which is lower than DFAS's 0.34% expense ratio.

Dividends

DCOR vs. DFAS - Dividend Comparison

DCOR's dividend yield for the trailing twelve months is around 0.91%, less than DFAS's 0.92% yield.

Position	TTM	2025	2024	2023	2022	2021
DCOR Dimensional US Core Equity 1 ETF	0.91%	0.97%	0.98%	0.40%	0.00%	0.00%
DFAS Dimensional U.S. Small Cap ETF	0.92%	0.99%	0.93%	1.00%	1.03%	2.87%

Frequently Asked Questions

Can I hold both DCOR and DFAS in my portfolio?

DCOR and DFAS have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DCOR or DFAS?

DFAS has higher volatility (4.31%) compared to DCOR (2.90%). In terms of maximum drawdown, DCOR dropped -19.10% vs DFAS's -26.13%.

Which ETF is better, DCOR or DFAS?

On 1-year performance, DCOR leads with 28.02% vs 27.65% for DFAS. On fees, DCOR is cheaper at 0.14% per year. On volatility, DCOR has been the lower-risk option at 2.90%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DCOR or DFAS?

Over the 1-year period, DCOR has performed better with a 28.02% return vs 27.65%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DCOR or DFAS?

DCOR is cheaper with a 0.14% expense ratio, compared with 0.34% for DFAS.

Which ETF pays a higher dividend yield, DCOR or DFAS?

DCOR and DFAS have nearly identical dividend yields, around 0.91%.

What is the main difference between DCOR and DFAS?

DCOR is categorized as Large Cap Blend Equities, while DFAS is Small Cap Blend Equities. Their fees differ too: 0.14% for DCOR and 0.34% for DFAS.

Which has better risk-adjusted returns?

DCOR currently has the higher Sharpe Ratio (2.38 vs 1.66), 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.