DFAI vs. DFALX
Compare and contrast key facts about Dimensional International Core Equity Market ETF (DFAI) and DFA Large Cap International Portfolio (DFALX).
DFAI is an actively managed fund by Dimensional Fund Advisors LP. It was launched on Nov 17, 2020. DFALX is managed by Dimensional Fund Advisors LP. It was launched on Jul 17, 1991.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DFAI or DFALX.
Key characteristics
| DFAI | DFALX | |
|---|---|---|
| YTD Return | 8.87% | 8.97% |
| 1Y Return | 19.79% | 19.79% |
| 3Y Return (Ann) | 3.03% | 3.24% |
| Sharpe Ratio | 1.54 | 1.57 |
| Sortino Ratio | 2.18 | 2.21 |
| Omega Ratio | 1.27 | 1.27 |
| Calmar Ratio | 1.95 | 2.08 |
| Martin Ratio | 8.94 | 9.02 |
| Ulcer Index | 2.14% | 2.15% |
| Daily Std Dev | 12.41% | 12.38% |
| Max Drawdown | -27.44% | -59.59% |
| Current Drawdown | -4.55% | -4.61% |
Correlation
The correlation between DFAI and DFALX is 0.99, 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
DFAI vs. DFALX - Performance Comparison
The year-to-date returns for both investments are quite close, with DFAI having a 8.87% return and DFALX slightly higher at 8.97%. 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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DFAI vs. DFALX - Expense Ratio Comparison
Both DFAI and DFALX have an expense ratio of 0.18%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
DFAI vs. DFALX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dimensional International Core Equity Market ETF (DFAI) and DFA Large Cap International Portfolio (DFALX). 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
DFAI vs. DFALX - Dividend Comparison
DFAI's dividend yield for the trailing twelve months is around 2.41%, less than DFALX's 3.17% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DFAI Dimensional International Core Equity Market ETF | 2.41% | 2.64% | 2.72% | 2.06% | 0.09% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DFALX DFA Large Cap International Portfolio | 3.17% | 3.24% | 2.85% | 3.00% | 1.88% | 2.88% | 3.07% | 2.55% | 2.89% | 2.95% | 3.54% | 2.53% |
Drawdowns
DFAI vs. DFALX - Drawdown Comparison
The maximum DFAI drawdown since its inception was -27.44%, smaller than the maximum DFALX drawdown of -59.59%. Use the drawdown chart below to compare losses from any high point for DFAI and DFALX. For additional features, visit the drawdowns tool.
Volatility
DFAI vs. DFALX - Volatility Comparison
Dimensional International Core Equity Market ETF (DFAI) and DFA Large Cap International Portfolio (DFALX) have volatilities of 2.89% and 2.90%, 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.