DFFVX vs. DWUSX

Last updated Jun 4, 2026

DFFVX (DFA U.S. Targeted Value Portfolio) and DWUSX (DFA World ex U.S. Targeted Value Portfolio) are both mutual funds - DFFVX is a Small Cap Value Equities fund managed by Dimensional, while DWUSX is a Foreign Small & Mid Cap Equities fund managed by Dimensional. Over the past 10 years, DFFVX returned 11.05%/yr vs 11.49%/yr for DWUSX. A 0.69 correlation means they provide meaningful diversification when combined. DFFVX charges 0.29%/yr vs 0.52%/yr for DWUSX.

Performance

DFFVX vs. DWUSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DFA U.S. Targeted Value Portfolio (DFFVX) and DFA World ex U.S. Targeted Value Portfolio (DWUSX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with DFFVX having a 14.56% return and DWUSX slightly lower at 13.89%. Both investments have delivered pretty close results over the past 10 years, with DFFVX having a 11.05% annualized return and DWUSX not far ahead at 11.49%.

DFFVX

• 1D: 0.96%
• 1M: 2.48%
• YTD: 14.56%
• 6M: 14.49%
• 1Y: 32.25%
• 3Y*: 17.52%
• 5Y*: 8.76%
• 10Y*: 11.05%

DWUSX

• 1D: 0.14%
• 1M: 3.86%
• YTD: 13.89%
• 6M: 17.48%
• 1Y: 35.68%
• 3Y*: 22.57%
• 5Y*: 12.93%
• 10Y*: 11.49%

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

DFFVX vs. DWUSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DFFVX DFA U.S. Targeted Value Portfolio	14.56%	9.53%	9.34%	19.37%	-4.66%	31.53%	3.78%	21.51%	-15.79%	9.20%
DWUSX DFA World ex U.S. Targeted Value Portfolio	13.89%	39.16%	5.31%	17.40%	-11.83%	26.30%	4.96%	17.39%	-20.38%	30.95%

Correlation

The correlation between DFFVX and DWUSX is 0.55, 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	0.55
Correlation (3Y) Calculated over the trailing 3-year period	0.62
Correlation (5Y) Calculated over the trailing 5-year period	0.68
Correlation (10Y) Calculated over the trailing 10-year period	0.68
Correlation (All Time) Calculated using the full available price history since Jan 3, 2013	0.69

The correlation between DFFVX and DWUSX shifts across timeframes, from 0.55 (1 year) to 0.69 (all time), reflecting how their relationship changes across market environments.

Return for Risk

DFFVX vs. DWUSX — Risk / Return Rank

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

DFFVX

DFFVX Risk / Return Rank: 56
DFFVX Sharpe Ratio Rank: 48
DFFVX Sortino Ratio Rank: 50
DFFVX Omega Ratio Rank: 45
DFFVX Calmar Ratio Rank: 78
DFFVX Martin Ratio Rank: 58

DWUSX

DWUSX Risk / Return Rank: 73
DWUSX Sharpe Ratio Rank: 84
DWUSX Sortino Ratio Rank: 77
DWUSX Omega Ratio Rank: 78
DWUSX Calmar Ratio Rank: 67
DWUSX Martin Ratio Rank: 60

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.

DFFVX vs. DWUSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DFA U.S. Targeted Value Portfolio (DFFVX) and DFA World ex U.S. Targeted Value Portfolio (DWUSX). 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.

	DFFVX	DWUSX	Difference
Sharpe ratio: Return per unit of total volatility	2.03	2.72	-0.68
Sortino ratio: Return per unit of downside risk	2.98	3.70	-0.72
Omega ratio: Gain probability vs. loss probability	1.36	1.51	-0.15
Calmar ratio: Return relative to maximum drawdown	3.57	3.15	+0.41
Martin ratio: Return relative to average drawdown	11.57	11.94	-0.37
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DFFVX vs. DWUSX - Sharpe Ratio Comparison

The current DFFVX Sharpe Ratio is 2.03, which is comparable to the DWUSX Sharpe Ratio of 2.72. The chart below compares the historical Sharpe Ratios of DFFVX and DWUSX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DFFVX	DWUSX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.03	2.72	-0.68
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.41	0.85	-0.44
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.47	0.72	-0.25
Sharpe Ratio (All Time) Calculated using the full available price history	0.47	0.63	-0.16

Drawdowns

DFFVX vs. DWUSX - Drawdown Comparison

The maximum DFFVX drawdown since its inception was -64.21%, which is greater than DWUSX's maximum drawdown of -49.65%. Use the drawdown chart below to compare losses from any high point for DFFVX and DWUSX.

Drawdown Indicators

	DFFVX	DWUSX	Difference
Max Drawdown Largest peak-to-trough decline	-64.21%	-49.65%	-14.56%
Max Drawdown (1Y) Largest decline over 1 year	-9.70%	-11.26%	+1.56%
Max Drawdown (3Y) Largest decline over 3 years	-26.09%	-13.03%	-13.06%
Max Drawdown (5Y) Largest decline over 5 years	-26.09%	-26.71%	+0.62%
Max Drawdown (10Y) Largest decline over 10 years	-50.75%	-49.65%	-1.10%
Current Drawdown Current decline from peak	0.00%	-0.18%	+0.18%
Average Drawdown Average peak-to-trough decline	-9.71%	-8.66%	-1.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.98%	2.96%	+0.02%

Volatility

DFFVX vs. DWUSX - Volatility Comparison

DFA U.S. Targeted Value Portfolio (DFFVX) and DFA World ex U.S. Targeted Value Portfolio (DWUSX) have volatilities of 4.26% and 4.16%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DFFVX	DWUSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.26%	4.16%	+0.10%
Volatility (6M) Calculated over the trailing 6-month period	11.04%	10.87%	+0.17%
Volatility (1Y) Calculated over the trailing 1-year period	17.02%	13.10%	+3.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.54%	15.26%	+6.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.67%	15.97%	+7.70%

DFFVX vs. DWUSX - Expense Ratio Comparison

DFFVX has a 0.29% expense ratio, which is lower than DWUSX's 0.52% expense ratio.

Dividends

DFFVX vs. DWUSX - Dividend Comparison

DFFVX's dividend yield for the trailing twelve months is around 1.50%, less than DWUSX's 2.45% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DFFVX DFA U.S. Targeted Value Portfolio	1.50%	1.69%	1.40%	2.26%	5.17%	2.74%	1.52%	3.82%	5.95%	5.16%	3.95%	5.84%
DWUSX DFA World ex U.S. Targeted Value Portfolio	2.45%	2.64%	2.86%	2.81%	2.91%	16.59%	1.37%	3.22%	5.51%	3.18%	1.94%	1.27%

Frequently Asked Questions

Can I hold both DFFVX and DWUSX in my portfolio?

DFFVX and DWUSX have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DFFVX or DWUSX?

DFFVX has higher volatility (4.26%) compared to DWUSX (4.16%). In terms of maximum drawdown, DFFVX dropped -64.21% vs DWUSX's -49.65%.

Which has better risk-adjusted returns?

DWUSX currently has the higher Sharpe Ratio (2.72 vs 2.03), 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.