DFIEX vs. SPY
Compare and contrast key facts about DFA International Core Equity Portfolio I (DFIEX) and SPDR S&P 500 ETF (SPY).
DFIEX is managed by Dimensional Fund Advisors LP. It was launched on Sep 15, 2005. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DFIEX or SPY.
Key characteristics
DFIEX | SPY | |
---|---|---|
YTD Return | 3.95% | 7.90% |
1Y Return | 12.44% | 28.03% |
3Y Return (Ann) | 3.22% | 8.75% |
5Y Return (Ann) | 6.79% | 13.52% |
10Y Return (Ann) | 4.93% | 12.62% |
Sharpe Ratio | 0.98 | 2.33 |
Daily Std Dev | 12.37% | 11.63% |
Max Drawdown | -62.26% | -55.19% |
Current Drawdown | -1.00% | -2.27% |
Correlation
The correlation between DFIEX and SPY is 0.80, 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
DFIEX vs. SPY - Performance Comparison
In the year-to-date period, DFIEX achieves a 3.95% return, which is significantly lower than SPY's 7.90% return. Over the past 10 years, DFIEX has underperformed SPY with an annualized return of 4.93%, while SPY has yielded a comparatively higher 12.62% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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DFIEX vs. SPY - Expense Ratio Comparison
DFIEX has a 0.24% expense ratio, which is higher than SPY's 0.09% 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%.
Risk-Adjusted Performance
DFIEX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for DFA International Core Equity Portfolio I (DFIEX) and SPDR S&P 500 ETF (SPY). 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
DFIEX vs. SPY - Dividend Comparison
DFIEX's dividend yield for the trailing twelve months is around 3.24%, more than SPY's 1.31% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
DFA International Core Equity Portfolio I | 3.24% | 3.36% | 2.88% | 2.98% | 1.77% | 2.90% | 2.95% | 2.49% | 2.76% | 4.16% | 3.10% | 2.39% |
SPDR S&P 500 ETF | 1.31% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
DFIEX vs. SPY - Drawdown Comparison
The maximum DFIEX drawdown since its inception was -62.26%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for DFIEX and SPY. For additional features, visit the drawdowns tool.
Volatility
DFIEX vs. SPY - Volatility Comparison
The current volatility for DFA International Core Equity Portfolio I (DFIEX) is 3.86%, while SPDR S&P 500 ETF (SPY) has a volatility of 4.08%. This indicates that DFIEX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.