DFIEX vs. VT

Last updated Jun 4, 2026

DFIEX (DFA International Core Equity Portfolio I) and VT (Vanguard Total World Stock ETF) are both funds - DFIEX is a Foreign Large Cap Equities fund managed by Dimensional, while VT is a Global Equities fund tracking the FTSE Global All Cap Index. Over the past 10 years, DFIEX returned 10.01%/yr vs 12.74%/yr for VT. Their correlation of 0.91 suggests significant overlap in exposure. DFIEX charges 0.24%/yr vs 0.06%/yr for VT.

Performance

DFIEX vs. VT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DFA International Core Equity Portfolio I (DFIEX) and Vanguard Total World Stock ETF (VT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DFIEX achieves a 11.05% return, which is significantly lower than VT's 12.24% return. Over the past 10 years, DFIEX has underperformed VT with an annualized return of 10.01%, while VT has yielded a comparatively higher 12.74% annualized return.

DFIEX

• 1D: 0.31%
• 1M: 3.55%
• YTD: 11.05%
• 6M: 14.04%
• 1Y: 28.12%
• 3Y*: 19.64%
• 5Y*: 9.78%
• 10Y*: 10.01%

VT

• 1D: -0.88%
• 1M: 4.91%
• YTD: 12.24%
• 6M: 13.14%
• 1Y: 29.24%
• 3Y*: 20.93%
• 5Y*: 10.99%
• 10Y*: 12.74%

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

DFIEX vs. VT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DFIEX DFA International Core Equity Portfolio I	11.05%	36.18%	3.99%	17.50%	-13.51%	13.85%	7.73%	21.70%	-17.41%	28.04%
VT Vanguard Total World Stock ETF	12.24%	22.43%	16.49%	22.02%	-18.00%	18.27%	16.59%	26.81%	-9.76%	24.50%

Correlation

The correlation between DFIEX and VT is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.88
Correlation (3Y) Calculated over the trailing 3-year period	0.85
Correlation (5Y) Calculated over the trailing 5-year period	0.88
Correlation (10Y) Calculated over the trailing 10-year period	0.89
Correlation (All Time) Calculated using the full available price history since Jun 27, 2008	0.91

The correlation between DFIEX and VT has been stable across timeframes, ranging from 0.85 to 0.91 - a consistent structural relationship.

Return for Risk

DFIEX vs. VT — Risk / Return Rank

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

DFIEX

DFIEX Risk / Return Rank: 45
DFIEX Sharpe Ratio Rank: 46
DFIEX Sortino Ratio Rank: 44
DFIEX Omega Ratio Rank: 44
DFIEX Calmar Ratio Rank: 43
DFIEX Martin Ratio Rank: 47

VT

VT Risk / Return Rank: 67
VT Sharpe Ratio Rank: 68
VT Sortino Ratio Rank: 68
VT Omega Ratio Rank: 67
VT Calmar Ratio Rank: 60
VT Martin Ratio Rank: 71

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.

DFIEX vs. VT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DFA International Core Equity Portfolio I (DFIEX) and Vanguard Total World Stock ETF (VT). 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.

	DFIEX	VT	Difference
Sharpe ratio: Return per unit of total volatility	1.99	2.31	-0.32
Sortino ratio: Return per unit of downside risk	2.76	3.20	-0.44
Omega ratio: Gain probability vs. loss probability	1.36	1.42	-0.06
Calmar ratio: Return relative to maximum drawdown	2.49	3.04	-0.54
Martin ratio: Return relative to average drawdown	9.74	13.53	-3.79
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DFIEX vs. VT - Sharpe Ratio Comparison

The current DFIEX Sharpe Ratio is 1.99, which is comparable to the VT Sharpe Ratio of 2.31. The chart below compares the historical Sharpe Ratios of DFIEX and VT, 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

	DFIEX	VT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.99	2.31	-0.32
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.62	0.69	-0.06
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.61	0.74	-0.13
Sharpe Ratio (All Time) Calculated using the full available price history	0.37	0.44	-0.07

Drawdowns

DFIEX vs. VT - Drawdown Comparison

The maximum DFIEX drawdown since its inception was -62.22%, which is greater than VT's maximum drawdown of -50.27%. Use the drawdown chart below to compare losses from any high point for DFIEX and VT.

Drawdown Indicators

	DFIEX	VT	Difference
Max Drawdown Largest peak-to-trough decline	-62.22%	-50.27%	-11.95%
Max Drawdown (1Y) Largest decline over 1 year	-11.01%	-9.67%	-1.34%
Max Drawdown (3Y) Largest decline over 3 years	-12.81%	-16.51%	+3.70%
Max Drawdown (5Y) Largest decline over 5 years	-28.66%	-26.38%	-2.28%
Max Drawdown (10Y) Largest decline over 10 years	-41.04%	-34.24%	-6.80%
Current Drawdown Current decline from peak	-0.35%	-0.88%	+0.53%
Average Drawdown Average peak-to-trough decline	-12.18%	-7.02%	-5.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.81%	2.17%	+0.64%

Volatility

DFIEX vs. VT - Volatility Comparison

DFA International Core Equity Portfolio I (DFIEX) has a higher volatility of 4.11% compared to Vanguard Total World Stock ETF (VT) at 3.83%. This indicates that DFIEX's price experiences larger fluctuations and is considered to be riskier than VT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DFIEX	VT	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.11%	3.83%	+0.28%
Volatility (6M) Calculated over the trailing 6-month period	11.15%	10.17%	+0.98%
Volatility (1Y) Calculated over the trailing 1-year period	13.85%	12.70%	+1.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.75%	16.05%	-0.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.39%	17.23%	-0.84%

DFIEX vs. VT - Expense Ratio Comparison

DFIEX has a 0.24% expense ratio, which is higher than VT's 0.06% 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

DFIEX vs. VT - Dividend Comparison

DFIEX's dividend yield for the trailing twelve months is around 2.91%, more than VT's 1.59% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DFIEX DFA International Core Equity Portfolio I	2.91%	3.22%	3.42%	3.36%	2.88%	2.98%	1.77%	2.90%	2.95%	2.49%	2.76%	4.20%
VT Vanguard Total World Stock ETF	1.59%	1.82%	1.95%	2.08%	2.20%	1.82%	1.66%	2.32%	2.53%	2.11%	2.39%	2.45%

Frequently Asked Questions

Can I hold both DFIEX and VT in my portfolio?

DFIEX and VT have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DFIEX or VT?

DFIEX has higher volatility (4.11%) compared to VT (3.83%). In terms of maximum drawdown, DFIEX dropped -62.22% vs VT's -50.27%.

Which has better risk-adjusted returns?

VT currently has the higher Sharpe Ratio (2.31 vs 1.99), 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.