DFAX vs. VTSAX

Last updated Jun 23, 2026

DFAX (Dimensional World ex US Core Equity 2 ETF) and VTSAX (Vanguard Total Stock Market Index Fund Admiral Shares) are both funds - DFAX is a Foreign Large Cap Equities fund actively managed by Dimensional, while VTSAX is a Large Cap Blend Equities fund managed by Vanguard. Over the past 3 years, DFAX returned 21.52%/yr vs 20.66%/yr for VTSAX. A 0.77 correlation means they provide meaningful diversification when combined. DFAX charges 0.28%/yr vs 0.04%/yr for VTSAX.

Performance

DFAX vs. VTSAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dimensional World ex US Core Equity 2 ETF (DFAX) and Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DFAX achieves a 16.39% return, which is significantly higher than VTSAX's 10.72% return.

DFAX

• 1D: 0.24%
• 1M: 2.45%
• YTD: 16.39%
• 6M: 16.89%
• 1Y: 36.37%
• 3Y*: 21.52%
• 5Y*: —
• 10Y*: —

VTSAX

• 1D: 1.14%
• 1M: 0.90%
• YTD: 10.72%
• 6M: 9.93%
• 1Y: 27.56%
• 3Y*: 20.66%
• 5Y*: 12.87%
• 10Y*: 15.06%

*Multi-year figures are annualized to reflect compound growth (CAGR)

DFAX vs. VTSAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
DFAX Dimensional World ex US Core Equity 2 ETF	16.39%	35.42%	4.78%	16.66%	-14.48%	-2.10%
VTSAX Vanguard Total Stock Market Index Fund Admiral Shares	10.72%	17.12%	23.23%	26.51%	-19.52%	5.72%

Correlation

The correlation between DFAX and VTSAX is 0.80, 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	0.80
Correlation (3Y) Calculated over the trailing 3-year period	0.74
Correlation (All Time) Calculated using the full available price history since Sep 13, 2021	0.77

The correlation between DFAX and VTSAX has been stable across timeframes, ranging from 0.74 to 0.80 - a consistent structural relationship.

DFAX vs. VTSAX - Sectors Allocation Comparison

Sectors	DFAX	VTSAX
Technology	19.1%	37.0%
Financial Services	17.7%	11.3%
Industrials	17.4%	9.4%
Basic Materials	10.6%	1.9%
Consumer Cyclical	9.5%	9.7%
Energy	6.1%	3.3%
Healthcare	5.8%	9.0%
Consumer Defensive	4.8%	4.3%
Communication Services	4.3%	9.8%
Utilities	2.9%	2.1%
Real Estate	1.9%	2.3%

Return for Risk

DFAX vs. VTSAX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DFAX

DFAX Risk / Return Rank: 72
DFAX Sharpe Ratio Rank: 76
DFAX Sortino Ratio Rank: 71
DFAX Omega Ratio Rank: 76
DFAX Calmar Ratio Rank: 68
DFAX Martin Ratio Rank: 71

VTSAX

VTSAX Risk / Return Rank: 65
VTSAX Sharpe Ratio Rank: 63
VTSAX Sortino Ratio Rank: 57
VTSAX Omega Ratio Rank: 58
VTSAX Calmar Ratio Rank: 70
VTSAX Martin Ratio Rank: 80

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DFAX vs. VTSAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dimensional World ex US Core Equity 2 ETF (DFAX) and Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX). 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.

	DFAX	VTSAX	Difference
Sharpe ratio: Return per unit of total volatility	2.33	2.14	+0.19
Sortino ratio: Return per unit of downside risk	3.08	2.90	+0.18
Omega ratio: Gain probability vs. loss probability	1.43	1.38	+0.04
Calmar ratio: Return relative to maximum drawdown	3.29	3.07	+0.22
Martin ratio: Return relative to average drawdown	12.79	13.77	-0.98

DFAX vs. VTSAX - Sharpe Ratio Comparison

The current DFAX Sharpe Ratio is 2.33, which is comparable to the VTSAX Sharpe Ratio of 2.14. The chart below compares the historical Sharpe Ratios of DFAX and VTSAX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DFAX vs. VTSAX - Drawdown Comparison

The maximum DFAX drawdown since its inception was -28.15%, smaller than the maximum VTSAX drawdown of -55.33%. Use the drawdown chart below to compare losses from any high point for DFAX and VTSAX.

Drawdown Indicators

	DFAX	VTSAX	Difference
Max Drawdown Largest peak-to-trough decline	-28.15%	-55.33%	+27.18%
Max Drawdown (1Y) Largest decline over 1 year	-11.11%	-8.92%	-2.19%
Max Drawdown (3Y) Largest decline over 3 years	-13.89%	-19.36%	+5.47%
Max Drawdown (5Y) Largest decline over 5 years	—	-25.36%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-34.97%	—
Current Drawdown Current decline from peak	-0.00%	-1.13%	+1.13%
Average Drawdown Average peak-to-trough decline	-6.62%	-8.99%	+2.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.85%	1.99%	+0.86%

Volatility

DFAX vs. VTSAX - Volatility Comparison

Dimensional World ex US Core Equity 2 ETF (DFAX) has a higher volatility of 6.29% compared to Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX) at 4.88%. This indicates that DFAX's price experiences larger fluctuations and is considered to be riskier than VTSAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DFAX	VTSAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.29%	4.88%	+1.41%
Volatility (6M) Calculated over the trailing 6-month period	13.80%	10.11%	+3.69%
Volatility (1Y) Calculated over the trailing 1-year period	15.72%	12.80%	+2.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.11%	17.45%	-1.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.11%	18.45%	-2.34%

DFAX vs. VTSAX - Expense Ratio Comparison

DFAX has a 0.28% expense ratio, which is higher than VTSAX's 0.04% expense ratio.

Dividends

DFAX vs. VTSAX - Dividend Comparison

DFAX's dividend yield for the trailing twelve months is around 2.20%, more than VTSAX's 1.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DFAX Dimensional World ex US Core Equity 2 ETF	2.20%	2.58%	2.98%	3.01%	3.30%	1.40%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VTSAX Vanguard Total Stock Market Index Fund Admiral Shares	1.01%	1.11%	1.26%	1.42%	1.65%	1.20%	1.41%	1.76%	2.03%	1.71%	1.92%	1.98%

Frequently Asked Questions

Can I hold both DFAX and VTSAX in my portfolio?

DFAX and VTSAX have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DFAX or VTSAX?

DFAX has higher volatility (6.29%) compared to VTSAX (4.88%). In terms of maximum drawdown, DFAX dropped -28.15% vs VTSAX's -55.33%.

Which has better risk-adjusted returns?

DFAX currently has the higher Sharpe Ratio (2.33 vs 2.14), 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.