DFALX vs. IWD
DFALX (DFA Large Cap International Portfolio) and IWD (iShares Russell 1000 Value ETF) are both funds - DFALX is a Foreign Large Cap Equities fund managed by Dimensional, while IWD is a Large Cap Value Equities fund tracking the Russell 1000 Value Index. Over the past 10 years, DFALX returned 9.57%/yr vs 11.13%/yr for IWD. A 0.74 correlation means they provide meaningful diversification when combined. Both charge a 0.18% expense ratio.
Performance
DFALX vs. IWD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, DFALX achieves a 7.88% return, which is significantly lower than IWD's 13.23% return. Over the past 10 years, DFALX has underperformed IWD with an annualized return of 9.57%, while IWD has yielded a comparatively higher 11.13% annualized return.
DFALX
- 1D
- -2.41%
- 1M
- -1.66%
- YTD
- 7.88%
- 6M
- 10.41%
- 1Y
- 22.50%
- 3Y*
- 17.50%
- 5Y*
- 9.00%
- 10Y*
- 9.57%
IWD
- 1D
- 0.36%
- 1M
- 1.44%
- YTD
- 13.23%
- 6M
- 14.44%
- 1Y
- 26.58%
- 3Y*
- 17.65%
- 5Y*
- 10.14%
- 10Y*
- 11.13%
DFALX vs. IWD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DFALX DFA Large Cap International Portfolio | 7.88% | 33.60% | 4.55% | 17.88% | -13.04% | 12.79% | 8.13% | 22.05% | -14.15% | 25.35% |
IWD iShares Russell 1000 Value ETF | 13.23% | 15.68% | 14.17% | 11.34% | -7.75% | 24.95% | 2.73% | 26.12% | -8.45% | 13.45% |
Correlation
The correlation between DFALX and IWD is 0.77, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.77 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.73 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.78 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.78 |
Correlation (All Time) Calculated using the full available price history since May 26, 2000 | 0.74 |
The correlation between DFALX and IWD has been stable across timeframes, ranging from 0.73 to 0.78 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
DFALX vs. IWD — Risk / Return Rank
DFALX
IWD
DFALX vs. IWD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for DFA Large Cap International Portfolio (DFALX) and iShares Russell 1000 Value ETF (IWD). 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.
| DFALX | IWD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.83 | ||
| Sortino ratioReturn per unit of downside risk | -1.16 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.44 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 2.15 | 3.93 | -1.78 |
| Martin ratioReturn relative to average drawdown | 8.36 | 16.40 | -8.04 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| DFALX | IWD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.61 | 2.44 | -0.83 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.58 | 0.69 | -0.11 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.59 | 0.65 | -0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.37 | 0.42 | -0.05 |
Drawdowns
DFALX vs. IWD - Drawdown Comparison
The maximum DFALX drawdown since its inception was -59.76%, roughly equal to the maximum IWD drawdown of -60.10%. Use the drawdown chart below to compare losses from any high point for DFALX and IWD.
Loading charts...
Drawdown Indicators
| DFALX | IWD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.76% | -60.10% | +0.34% |
Max Drawdown (1Y)Largest decline over 1 year | -10.70% | -6.79% | -3.91% |
Max Drawdown (3Y)Largest decline over 3 years | -13.11% | -15.71% | +2.60% |
Max Drawdown (5Y)Largest decline over 5 years | -27.52% | -19.04% | -8.48% |
Max Drawdown (10Y)Largest decline over 10 years | -35.58% | -38.51% | +2.93% |
Current DrawdownCurrent decline from peak | -2.74% | -1.56% | -1.18% |
Average DrawdownAverage peak-to-trough decline | -12.00% | -8.65% | -3.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.74% | 1.62% | +1.12% |
Volatility
DFALX vs. IWD - Volatility Comparison
DFA Large Cap International Portfolio (DFALX) has a higher volatility of 4.21% compared to iShares Russell 1000 Value ETF (IWD) at 3.18%. This indicates that DFALX's price experiences larger fluctuations and is considered to be riskier than IWD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| DFALX | IWD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.21% | 3.18% | +1.03% |
Volatility (6M)Calculated over the trailing 6-month period | 11.69% | 8.30% | +3.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.29% | 10.94% | +3.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.71% | 14.83% | +0.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.19% | 17.30% | -1.11% |
DFALX vs. IWD - Expense Ratio Comparison
Both DFALX and IWD 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%.
Dividends
DFALX vs. IWD - Dividend Comparison
DFALX's dividend yield for the trailing twelve months is around 2.80%, more than IWD's 1.51% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DFALX DFA Large Cap International Portfolio | 2.80% | 2.89% | 3.18% | 3.24% | 2.86% | 3.00% | 1.88% | 2.88% | 3.07% | 2.55% | 2.89% | 2.94% |
IWD iShares Russell 1000 Value ETF | 1.51% | 1.69% | 1.87% | 2.02% | 2.15% | 1.62% | 2.05% | 2.45% | 2.71% | 2.09% | 2.25% | 2.47% |
Frequently Asked Questions
DFALX and IWD have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DFALX has higher volatility (4.21%) compared to IWD (3.18%). In terms of maximum drawdown, DFALX dropped -59.76% vs IWD's -60.10%.
IWD currently has the higher Sharpe Ratio (2.44 vs 1.61), 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.
Find the right allocation for DFALX and IWD
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer