DFAC vs. SLVAX

Last updated Jun 24, 2026

DFAC (Dimensional U.S. Core Equity 2 ETF) and SLVAX (Columbia Select Large Cap Value Fund) are both funds - DFAC is a Large Cap Blend Equities fund actively managed by Dimensional, while SLVAX is a Large Cap Value Equities fund managed by Columbia. Over the past 5 years, DFAC returned 11.69%/yr vs 12.79%/yr for SLVAX. Their correlation of 0.86 suggests significant overlap in exposure. DFAC charges 0.17%/yr vs 0.80%/yr for SLVAX.

Performance

DFAC vs. SLVAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dimensional U.S. Core Equity 2 ETF (DFAC) and Columbia Select Large Cap Value Fund (SLVAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DFAC achieves a 10.46% return, which is significantly lower than SLVAX's 13.40% return.

DFAC

• 1D: -1.29%
• 1M: 0.07%
• YTD: 10.46%
• 6M: 9.33%
• 1Y: 25.95%
• 3Y*: 19.52%
• 5Y*: 11.69%
• 10Y*: —

SLVAX

• 1D: 0.00%
• 1M: 2.16%
• YTD: 13.40%
• 6M: 12.88%
• 1Y: 36.08%
• 3Y*: 19.52%
• 5Y*: 12.79%
• 10Y*: 13.21%

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

DFAC vs. SLVAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
DFAC Dimensional U.S. Core Equity 2 ETF	10.46%	15.66%	19.61%	21.96%	-14.93%	9.55%
SLVAX Columbia Select Large Cap Value Fund	13.40%	27.60%	12.53%	5.56%	-1.09%	1.85%

Correlation

The correlation between DFAC and SLVAX is 0.83, 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	0.83
Correlation (3Y) Calculated over the trailing 3-year period	0.84
Correlation (5Y) Calculated over the trailing 5-year period	0.86
Correlation (All Time) Calculated using the full available price history since Jun 14, 2021	0.86

The correlation between DFAC and SLVAX has been stable across timeframes, ranging from 0.83 to 0.86 - a consistent structural relationship.

Return for Risk

DFAC vs. SLVAX — Risk / Return Rank

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

DFAC

DFAC Risk / Return Rank: 66
DFAC Sharpe Ratio Rank: 66
DFAC Sortino Ratio Rank: 64
DFAC Omega Ratio Rank: 63
DFAC Calmar Ratio Rank: 64
DFAC Martin Ratio Rank: 74

SLVAX

SLVAX Risk / Return Rank: 90
SLVAX Sharpe Ratio Rank: 94
SLVAX Sortino Ratio Rank: 91
SLVAX Omega Ratio Rank: 85
SLVAX Calmar Ratio Rank: 88
SLVAX Martin Ratio Rank: 90

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.

DFAC vs. SLVAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dimensional U.S. Core Equity 2 ETF (DFAC) and Columbia Select Large Cap Value Fund (SLVAX). 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.

	DFAC	SLVAX	Difference
Sharpe ratio: Return per unit of total volatility	2.07	3.03	-0.97
Sortino ratio: Return per unit of downside risk	2.84	4.21	-1.37
Omega ratio: Gain probability vs. loss probability	1.37	1.53	-0.16
Calmar ratio: Return relative to maximum drawdown	3.07	4.10	-1.03
Martin ratio: Return relative to average drawdown	13.40	16.75	-3.35

DFAC vs. SLVAX - Sharpe Ratio Comparison

The current DFAC Sharpe Ratio is 2.07, which is lower than the SLVAX Sharpe Ratio of 3.03. The chart below compares the historical Sharpe Ratios of DFAC and SLVAX, 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

DFAC vs. SLVAX - Drawdown Comparison

The maximum DFAC drawdown since its inception was -23.12%, smaller than the maximum SLVAX drawdown of -60.01%. Use the drawdown chart below to compare losses from any high point for DFAC and SLVAX.

Drawdown Indicators

	DFAC	SLVAX	Difference
Max Drawdown Largest peak-to-trough decline	-23.12%	-60.01%	+36.89%
Max Drawdown (1Y) Largest decline over 1 year	-8.49%	-9.03%	+0.54%
Max Drawdown (3Y) Largest decline over 3 years	-20.02%	-14.83%	-5.19%
Max Drawdown (5Y) Largest decline over 5 years	-23.12%	-18.44%	-4.68%
Max Drawdown (10Y) Largest decline over 10 years	—	-41.50%	—
Current Drawdown Current decline from peak	-2.07%	-1.33%	-0.74%
Average Drawdown Average peak-to-trough decline	-5.40%	-9.30%	+3.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.94%	2.20%	-0.26%

Volatility

DFAC vs. SLVAX - Volatility Comparison

Dimensional U.S. Core Equity 2 ETF (DFAC) has a higher volatility of 4.56% compared to Columbia Select Large Cap Value Fund (SLVAX) at 4.14%. This indicates that DFAC's price experiences larger fluctuations and is considered to be riskier than SLVAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DFAC	SLVAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.56%	4.14%	+0.42%
Volatility (6M) Calculated over the trailing 6-month period	9.73%	9.32%	+0.41%
Volatility (1Y) Calculated over the trailing 1-year period	12.64%	12.20%	+0.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.15%	15.93%	+1.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.14%	18.70%	-1.56%

DFAC vs. SLVAX - Expense Ratio Comparison

DFAC has a 0.17% expense ratio, which is lower than SLVAX's 0.80% expense ratio.

Dividends

DFAC vs. SLVAX - Dividend Comparison

DFAC's dividend yield for the trailing twelve months is around 0.92%, less than SLVAX's 7.53% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DFAC Dimensional U.S. Core Equity 2 ETF	0.92%	0.97%	1.03%	1.20%	1.50%	0.88%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SLVAX Columbia Select Large Cap Value Fund	7.53%	8.54%	3.46%	3.60%	1.38%	5.91%	7.52%	6.96%	4.83%	3.86%	7.19%	4.49%

Frequently Asked Questions

Can I hold both DFAC and SLVAX in my portfolio?

DFAC and SLVAX have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DFAC or SLVAX?

DFAC has higher volatility (4.56%) compared to SLVAX (4.14%). In terms of maximum drawdown, DFAC dropped -23.12% vs SLVAX's -60.01%.

Which has better risk-adjusted returns?

SLVAX currently has the higher Sharpe Ratio (3.03 vs 2.07), 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.