DFAT vs. DFUVX
DFAT (Dimensional U.S. Targeted Value ETF) and DFUVX (DFA U.S. Large Cap Value III Portfolio) are both funds - DFAT is a Small Cap Value Equities fund actively managed by Dimensional, while DFUVX is a Large Cap Value Equities fund managed by Dimensional. Over the past 5 years, DFAT returned 11.52%/yr vs 10.75%/yr for DFUVX. Their correlation of 0.90 means they have usually moved in the same direction. DFAT charges 0.28%/yr vs 0.14%/yr for DFUVX.
Performance
DFAT vs. DFUVX - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with DFAT having a 19.60% return and DFUVX slightly lower at 18.91%.
DFAT
- 1D
- -0.16%
- 1M
- 1.65%
- 6M
- 12.28%
- YTD
- 19.60%
- 1Y
- 34.62%
- 3Y*
- 14.22%
- 5Y*
- 11.52%
- 10Y*
- —
- ALL TIME*
- 10.22%
DFUVX
- 1D
- 0.68%
- 1M
- 1.91%
- 6M
- 13.54%
- YTD
- 18.91%
- 1Y
- 33.06%
- 3Y*
- 17.07%
- 5Y*
- 10.75%
- 10Y*
- 11.30%
- ALL TIME*
- 9.35%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $27.35M | $25.25M | $22.69M | |
| $0.00 | $0.00 | $0.00 |
DFAT vs. DFUVX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
DFAT Dimensional U.S. Targeted Value ETF | 19.60% | 8.73% | 7.80% | 20.86% | -6.23% | 3.66% |
DFUVX DFA U.S. Large Cap Value III Portfolio | 18.91% | 15.83% | 12.87% | 11.65% | -5.73% | 0.02% |
Correlation
The correlation between DFAT and DFUVX is 0.84, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.84 |
Correlation (3Y) Balances recent behavior with more history. | 0.88 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.90 |
Correlation (All Time) Calculated using the full available price history since Jun 14, 2021 | 0.90 |
The correlation between DFAT and DFUVX has been stable across timeframes, ranging from 0.84 to 0.90 - a consistent structural relationship.
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Return for Risk
DFAT vs. DFUVX — Risk / Return Rank
DFAT
DFUVX
DFAT vs. DFUVX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Dimensional U.S. Targeted Value ETF (DFAT) and DFA U.S. Large Cap Value III Portfolio (DFUVX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| DFAT | DFUVX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.72 | ||
| Sortino ratioReturn per unit of downside risk | -0.85 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.48 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 3.37 | 5.24 | -1.87 |
| Martin ratioReturn relative to average drawdown | 11.35 | 19.90 | -8.55 |
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Drawdowns
DFAT vs. DFUVX - Drawdown Comparison
The maximum DFAT drawdown since its inception was -26.12%, smaller than the maximum DFUVX drawdown of -65.60%. Use the drawdown chart below to compare losses from any high point for DFAT and DFUVX.
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Drawdown Indicators
| DFAT | DFUVX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.12% | -65.60% | +39.48% |
Max Drawdown (1Y)Largest decline over 1 year | -9.55% | -5.85% | -3.70% |
Max Drawdown (3Y)Largest decline over 3 years | -26.12% | -17.04% | -9.08% |
Max Drawdown (5Y)Largest decline over 5 years | -26.12% | -20.33% | -5.79% |
Max Drawdown (10Y)Largest decline over 10 years | — | -41.76% | — |
Current DrawdownCurrent decline from peak | -1.10% | -0.70% | -0.40% |
Average DrawdownAverage peak-to-trough decline | -6.12% | -9.79% | +3.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.83% | 1.57% | +1.26% |
Volatility
DFAT vs. DFUVX - Volatility Comparison
Dimensional U.S. Targeted Value ETF (DFAT) has a higher volatility of 3.42% compared to DFA U.S. Large Cap Value III Portfolio (DFUVX) at 2.55%. This indicates that DFAT's price experiences larger fluctuations and is considered to be riskier than DFUVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DFAT | DFUVX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.42% | 2.55% | +0.87% |
Volatility (6M)Calculated over the trailing 6-month period | 10.32% | 8.21% | +2.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.08% | 11.26% | +4.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.19% | 15.83% | +5.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.26% | 18.31% | +2.95% |
DFAT vs. DFUVX - Expense Ratio Comparison
DFAT has a 0.28% expense ratio, which is higher than DFUVX's 0.14% expense ratio.
Dividends
DFAT vs. DFUVX - Dividend Comparison
DFAT's dividend yield for the trailing twelve months is around 1.36%, less than DFUVX's 1.48% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DFAT Dimensional U.S. Targeted Value ETF | 1.36% | 1.55% | 1.31% | 1.34% | 1.34% | 1.13% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DFUVX DFA U.S. Large Cap Value III Portfolio | 1.48% | 1.31% | 1.94% | 5.68% | 5.84% | 1.77% | 2.09% | 5.04% | 9.79% | 7.99% | 4.90% | 8.03% |
Frequently Asked Questions
DFAT and DFUVX have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DFAT has higher volatility (3.42%) compared to DFUVX (2.55%). In terms of maximum drawdown, DFAT dropped -26.12% vs DFUVX's -65.60%.
DFUVX currently has the higher Sharpe Ratio (2.73 vs 2.01), 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.
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