DFAI vs. VGK
Compare and contrast key facts about Dimensional International Core Equity Market ETF (DFAI) and Vanguard FTSE Europe ETF (VGK).
DFAI and VGK 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. VGK is a passively managed fund by Vanguard that tracks the performance of the FTSE Developed Europe Index. It was launched on Mar 4, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DFAI or VGK.
Key characteristics
| DFAI | VGK | |
|---|---|---|
| YTD Return | 3.38% | 3.53% |
| 1Y Return | 9.75% | 8.50% |
| 3Y Return (Ann) | 3.25% | 3.18% |
| Sharpe Ratio | 0.90 | 0.74 |
| Daily Std Dev | 12.32% | 13.25% |
| Max Drawdown | -27.44% | -63.61% |
| Current Drawdown | -2.35% | -1.59% |
Correlation
The correlation between DFAI and VGK is 0.96, 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. VGK - Performance Comparison
The year-to-date returns for both investments are quite close, with DFAI having a 3.38% return and VGK slightly higher at 3.53%. 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. VGK - Expense Ratio Comparison
DFAI has a 0.18% expense ratio, which is higher than VGK's 0.08% 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. VGK - 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 Europe ETF (VGK). 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. VGK - Dividend Comparison
DFAI's dividend yield for the trailing twelve months is around 2.42%, less than VGK's 3.29% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DFAI Dimensional International Core Equity Market ETF | 2.42% | 2.64% | 2.72% | 2.06% | 0.09% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VGK Vanguard FTSE Europe ETF | 3.29% | 3.15% | 3.25% | 3.05% | 2.11% | 3.27% | 3.95% | 2.70% | 3.52% | 3.25% | 4.62% | 2.77% |
Drawdowns
DFAI vs. VGK - Drawdown Comparison
The maximum DFAI drawdown since its inception was -27.44%, smaller than the maximum VGK drawdown of -63.61%. Use the drawdown chart below to compare losses from any high point for DFAI and VGK. For additional features, visit the drawdowns tool.
Volatility
DFAI vs. VGK - Volatility Comparison
The current volatility for Dimensional International Core Equity Market ETF (DFAI) is 3.22%, while Vanguard FTSE Europe ETF (VGK) has a volatility of 3.47%. This indicates that DFAI experiences smaller price fluctuations and is considered to be less risky than VGK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.