DFAW vs. DGEIX
Compare and contrast key facts about Dimensional World Equity ETF (DFAW) and DFA Global Equity Portfolio Institutional Class (DGEIX).
DFAW is an actively managed fund by Dimensional. It was launched on Sep 26, 2023. DGEIX is managed by Dimensional Fund Advisors LP. It was launched on Dec 24, 2003.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DFAW or DGEIX.
Correlation
The correlation between DFAW and DGEIX is 0.98, 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
DFAW vs. DGEIX - Performance Comparison
Key characteristics
DFAW:
1.24
DGEIX:
1.08
DFAW:
1.73
DGEIX:
1.49
DFAW:
1.23
DGEIX:
1.20
DFAW:
1.90
DGEIX:
1.67
DFAW:
7.77
DGEIX:
6.60
DFAW:
1.94%
DGEIX:
1.99%
DFAW:
12.10%
DGEIX:
12.23%
DFAW:
-7.94%
DGEIX:
-59.77%
DFAW:
-5.56%
DGEIX:
-7.28%
Returns By Period
In the year-to-date period, DFAW achieves a 14.37% return, which is significantly higher than DGEIX's 12.45% return.
DFAW
14.37%
-2.71%
4.72%
16.72%
N/A
N/A
DGEIX
12.45%
-4.67%
2.31%
14.71%
10.18%
9.26%
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DFAW vs. DGEIX - Expense Ratio Comparison
Both DFAW and DGEIX have an expense ratio of 0.25%, 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
DFAW vs. DGEIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dimensional World Equity ETF (DFAW) and DFA Global Equity Portfolio Institutional Class (DGEIX). 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
DFAW vs. DGEIX - Dividend Comparison
DFAW's dividend yield for the trailing twelve months is around 1.37%, more than DGEIX's 1.18% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DFAW Dimensional World Equity ETF | 1.00% | 0.42% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DGEIX DFA Global Equity Portfolio Institutional Class | 1.18% | 1.97% | 1.89% | 1.67% | 1.44% | 1.73% | 1.99% | 1.83% | 1.91% | 1.99% | 1.88% | 1.70% |
Drawdowns
DFAW vs. DGEIX - Drawdown Comparison
The maximum DFAW drawdown since its inception was -7.94%, smaller than the maximum DGEIX drawdown of -59.77%. Use the drawdown chart below to compare losses from any high point for DFAW and DGEIX. For additional features, visit the drawdowns tool.
Volatility
DFAW vs. DGEIX - Volatility Comparison
The current volatility for Dimensional World Equity ETF (DFAW) is 3.66%, while DFA Global Equity Portfolio Institutional Class (DGEIX) has a volatility of 4.21%. This indicates that DFAW experiences smaller price fluctuations and is considered to be less risky than DGEIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.