DFCF vs. VTG

Last updated Jun 3, 2026

DFCF (Dimensional Core Fixed Income ETF) and VTG (Vanguard Total Treasury ETF) are both Intermediate Core Bond funds. DFCF is actively managed, while VTG is passively managed. Their correlation of 0.94 suggests significant overlap in exposure. DFCF charges 0.17%/yr vs 0.03%/yr for VTG.

Performance

DFCF vs. VTG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dimensional Core Fixed Income ETF (DFCF) and Vanguard Total Treasury ETF (VTG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DFCF achieves a 0.56% return, which is significantly higher than VTG's 0.06% return.

DFCF

• 1D: 0.00%
• 1M: 0.24%
• YTD: 0.56%
• 6M: 0.61%
• 1Y: 5.90%
• 3Y*: 4.86%
• 5Y*: —
• 10Y*: —

VTG

• 1D: 0.01%
• 1M: 0.02%
• YTD: 0.06%
• 6M: -0.02%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DFCF vs. VTG - Yearly Performance Comparison

	2026 (YTD)	2025
DFCF Dimensional Core Fixed Income ETF	0.56%	3.68%
VTG Vanguard Total Treasury ETF	0.06%	2.88%

Correlation

The correlation between DFCF and VTG is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 10, 2025	0.94

Return for Risk

DFCF vs. VTG — Risk / Return Rank

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

DFCF

DFCF Risk / Return Rank: 41
DFCF Sharpe Ratio Rank: 42
DFCF Sortino Ratio Rank: 43
DFCF Omega Ratio Rank: 40
DFCF Calmar Ratio Rank: 40
DFCF Martin Ratio Rank: 40

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.

DFCF vs. VTG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dimensional Core Fixed Income ETF (DFCF) and Vanguard Total Treasury ETF (VTG). 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.

	DFCF	VTG	Difference
Sharpe ratio Return per unit of total volatility	1.49	—	—
Sortino ratio Return per unit of downside risk	2.19	—	—
Omega ratio Gain probability vs. loss probability	1.26	—	—
Calmar ratio Return relative to maximum drawdown	2.06	—	—
Martin ratio Return relative to average drawdown	6.31	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	DFCF	VTG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.49	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.04	0.94	-0.89

Drawdowns

DFCF vs. VTG - Drawdown Comparison

The maximum DFCF drawdown since its inception was -19.56%, which is greater than VTG's maximum drawdown of -2.89%. Use the drawdown chart below to compare losses from any high point for DFCF and VTG.

Drawdown Indicators

	DFCF	VTG	Difference
Max Drawdown Largest peak-to-trough decline	-19.56%	-2.89%	-16.67%
Max Drawdown (1Y) Largest decline over 1 year	-2.79%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-5.05%	—	—
Current Drawdown Current decline from peak	-1.27%	-1.73%	+0.46%
Average Drawdown Average peak-to-trough decline	-8.04%	-0.73%	-7.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.91%	—	—

Volatility

Volatility by Period

	DFCF	VTG	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.38%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.92%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.98%	3.52%	+0.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.47%	3.52%	+2.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.47%	3.52%	+2.95%

DFCF vs. VTG - Expense Ratio Comparison

DFCF has a 0.17% expense ratio, which is higher than VTG's 0.03% 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%.

Dividends

DFCF vs. VTG - Dividend Comparison

DFCF's dividend yield for the trailing twelve months is around 4.30%, more than VTG's 3.20% yield.

Position	TTM	2025	2024	2023	2022	2021
DFCF Dimensional Core Fixed Income ETF	4.30%	4.48%	4.61%	4.51%	3.27%	0.16%
VTG Vanguard Total Treasury ETF	3.20%	1.65%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DFCF and VTG in my portfolio?

With a correlation of 0.94, DFCF and VTG move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, DFCF or VTG?

On fees, VTG is cheaper at 0.03% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DFCF or VTG?

VTG is cheaper with a 0.03% expense ratio, compared with 0.17% for DFCF.

Which ETF pays a higher dividend yield, DFCF or VTG?

DFCF has the higher dividend yield at 4.30%, compared with 3.20% for VTG.

What is the main difference between DFCF and VTG?

They also come from different issuers: Dimensional and Vanguard. Their fees differ too: 0.17% for DFCF and 0.03% for VTG.