DFAI vs. VEA
Compare and contrast key facts about Dimensional International Core Equity Market ETF (DFAI) and Vanguard FTSE Developed Markets ETF (VEA).
DFAI and VEA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DFAI is an actively managed fund by Dimensional Fund Advisors LP. It was launched on Nov 17, 2020. VEA is a passively managed fund by Vanguard that tracks the performance of the MSCI EAFE Index. It was launched on Jul 20, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DFAI or VEA.
Key characteristics
| DFAI | VEA | |
|---|---|---|
| YTD Return | 6.06% | 5.01% |
| 1Y Return | 16.79% | 16.10% |
| 3Y Return (Ann) | 2.26% | 1.05% |
| Sharpe Ratio | 1.35 | 1.24 |
| Sortino Ratio | 1.92 | 1.78 |
| Omega Ratio | 1.24 | 1.22 |
| Calmar Ratio | 1.90 | 1.35 |
| Martin Ratio | 7.51 | 6.72 |
| Ulcer Index | 2.28% | 2.42% |
| Daily Std Dev | 12.70% | 13.09% |
| Max Drawdown | -27.44% | -60.70% |
| Current Drawdown | -7.02% | -7.32% |
Correlation
The correlation between DFAI and VEA 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. VEA - Performance Comparison
In the year-to-date period, DFAI achieves a 6.06% return, which is significantly higher than VEA's 5.01% 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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DFAI vs. VEA - Expense Ratio Comparison
DFAI has a 0.18% expense ratio, which is higher than VEA's 0.05% 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
DFAI vs. VEA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dimensional International Core Equity Market ETF (DFAI) and Vanguard FTSE Developed Markets ETF (VEA). 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. VEA - Dividend Comparison
DFAI's dividend yield for the trailing twelve months is around 2.48%, less than VEA's 3.04% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DFAI Dimensional International Core Equity Market ETF | 2.48% | 2.64% | 2.72% | 2.06% | 0.09% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VEA Vanguard FTSE Developed Markets ETF | 3.04% | 3.16% | 2.91% | 3.16% | 2.04% | 3.04% | 3.35% | 2.77% | 3.05% | 2.92% | 3.68% | 2.60% |
Drawdowns
DFAI vs. VEA - Drawdown Comparison
The maximum DFAI drawdown since its inception was -27.44%, smaller than the maximum VEA drawdown of -60.70%. Use the drawdown chart below to compare losses from any high point for DFAI and VEA. For additional features, visit the drawdowns tool.
Volatility
DFAI vs. VEA - Volatility Comparison
Dimensional International Core Equity Market ETF (DFAI) and Vanguard FTSE Developed Markets ETF (VEA) have volatilities of 3.92% and 3.95%, 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.