DFAC vs. SPYG
Compare and contrast key facts about Dimensional U.S. Core Equity 2 ETF (DFAC) and SPDR Portfolio S&P 500 Growth ETF (SPYG).
DFAC and SPYG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DFAC is an actively managed fund by Dimensional Fund Advisors LP. It was launched on Jun 14, 2021. SPYG is a passively managed fund by State Street that tracks the performance of the S&P 500 Growth Index. It was launched on Sep 25, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DFAC or SPYG.
Key characteristics
| DFAC | SPYG | |
|---|---|---|
| YTD Return | 24.10% | 35.25% |
| 1Y Return | 39.70% | 46.54% |
| 3Y Return (Ann) | 8.95% | 8.21% |
| Sharpe Ratio | 2.96 | 2.66 |
| Sortino Ratio | 4.03 | 3.40 |
| Omega Ratio | 1.55 | 1.48 |
| Calmar Ratio | 4.49 | 2.75 |
| Martin Ratio | 19.23 | 14.14 |
| Ulcer Index | 2.00% | 3.20% |
| Daily Std Dev | 13.03% | 17.04% |
| Max Drawdown | -23.12% | -67.79% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between DFAC and SPYG is 0.87, 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.
Performance
DFAC vs. SPYG - Performance Comparison
In the year-to-date period, DFAC achieves a 24.10% return, which is significantly lower than SPYG's 35.25% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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DFAC vs. SPYG - Expense Ratio Comparison
DFAC has a 0.19% expense ratio, which is higher than SPYG's 0.04% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
DFAC vs. SPYG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dimensional U.S. Core Equity 2 ETF (DFAC) and SPDR Portfolio S&P 500 Growth ETF (SPYG). 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.
Dividends
DFAC vs. SPYG - Dividend Comparison
DFAC's dividend yield for the trailing twelve months is around 1.00%, more than SPYG's 0.65% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DFAC Dimensional U.S. Core Equity 2 ETF | 1.00% | 1.20% | 1.50% | 0.88% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPYG SPDR Portfolio S&P 500 Growth ETF | 0.65% | 1.15% | 1.03% | 0.62% | 0.90% | 1.36% | 1.51% | 1.41% | 1.55% | 1.57% | 1.37% | 1.42% |
Drawdowns
DFAC vs. SPYG - Drawdown Comparison
The maximum DFAC drawdown since its inception was -23.12%, smaller than the maximum SPYG drawdown of -67.79%. Use the drawdown chart below to compare losses from any high point for DFAC and SPYG. For additional features, visit the drawdowns tool.
Volatility
DFAC vs. SPYG - Volatility Comparison
The current volatility for Dimensional U.S. Core Equity 2 ETF (DFAC) is 4.50%, while SPDR Portfolio S&P 500 Growth ETF (SPYG) has a volatility of 5.22%. This indicates that DFAC experiences smaller price fluctuations and is considered to be less risky than SPYG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.