DFIV vs. BKIE

Last updated Jun 24, 2026

DFIV (Dimensional International Value ETF) and BKIE (BNY Mellon International Equity ETF) are both Foreign Large Cap Equities funds. DFIV is actively managed, while BKIE is passively managed. Over the past 3 years, DFIV returned 22.72%/yr vs 17.32%/yr for BKIE. Their correlation of 0.93 suggests significant overlap in exposure. DFIV charges 0.27%/yr vs 0.04%/yr for BKIE.

Performance

DFIV vs. BKIE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dimensional International Value ETF (DFIV) and BNY Mellon International Equity ETF (BKIE). 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 DFIV having a 8.43% return and BKIE slightly lower at 8.20%.

DFIV

• 1D: -2.74%
• 1M: -2.79%
• YTD: 8.43%
• 6M: 8.10%
• 1Y: 30.90%
• 3Y*: 22.72%
• 5Y*: —
• 10Y*: —

BKIE

• 1D: -1.71%
• 1M: 0.06%
• YTD: 8.20%
• 6M: 7.80%
• 1Y: 22.90%
• 3Y*: 17.32%
• 5Y*: 9.19%
• 10Y*: —

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

DFIV vs. BKIE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
DFIV Dimensional International Value ETF	8.43%	45.36%	7.26%	17.75%	-3.70%	0.50%
BKIE BNY Mellon International Equity ETF	8.20%	32.08%	4.63%	18.25%	-13.60%	-0.18%

Correlation

The correlation between DFIV and BKIE is 0.92, 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	0.92
Correlation (3Y) Calculated over the trailing 3-year period	0.92
Correlation (All Time) Calculated using the full available price history since Sep 13, 2021	0.93

The correlation between DFIV and BKIE has been stable across timeframes, ranging from 0.92 to 0.93 - a consistent structural relationship.

DFIV vs. BKIE - Sectors Allocation Comparison

Sectors	DFIV	BKIE
Financial Services	32.4%	25.9%
Energy	15.3%	5.5%
Basic Materials	11.4%	7.3%
Consumer Cyclical	10.0%	7.4%
Industrials	9.8%	18.2%
Consumer Defensive	4.9%	6.2%
Healthcare	4.9%	8.9%
Communication Services	4.3%	4.4%
Technology	3.2%	10.9%
Utilities	2.2%	3.5%
Real Estate	1.7%	1.9%

Return for Risk

DFIV vs. BKIE — Risk / Return Rank

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

DFIV

DFIV Risk / Return Rank: 68
DFIV Sharpe Ratio Rank: 70
DFIV Sortino Ratio Rank: 67
DFIV Omega Ratio Rank: 68
DFIV Calmar Ratio Rank: 67
DFIV Martin Ratio Rank: 69

BKIE

BKIE Risk / Return Rank: 45
BKIE Sharpe Ratio Rank: 45
BKIE Sortino Ratio Rank: 45
BKIE Omega Ratio Rank: 44
BKIE Calmar Ratio Rank: 42
BKIE Martin Ratio Rank: 48

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.

DFIV vs. BKIE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dimensional International Value ETF (DFIV) and BNY Mellon International Equity ETF (BKIE). 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.

	DFIV	BKIE	Difference
Sharpe ratio: Return per unit of total volatility	2.17	1.52	+0.65
Sortino ratio: Return per unit of downside risk	2.95	2.17	+0.77
Omega ratio: Gain probability vs. loss probability	1.39	1.27	+0.12
Calmar ratio: Return relative to maximum drawdown	3.21	2.02	+1.20
Martin ratio: Return relative to average drawdown	12.28	7.76	+4.51

DFIV vs. BKIE - Sharpe Ratio Comparison

The current DFIV Sharpe Ratio is 2.17, which is higher than the BKIE Sharpe Ratio of 1.52. The chart below compares the historical Sharpe Ratios of DFIV and BKIE, 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

DFIV vs. BKIE - Drawdown Comparison

The maximum DFIV drawdown since its inception was -25.42%, smaller than the maximum BKIE drawdown of -28.19%. Use the drawdown chart below to compare losses from any high point for DFIV and BKIE.

Drawdown Indicators

	DFIV	BKIE	Difference
Max Drawdown Largest peak-to-trough decline	-25.42%	-28.19%	+2.77%
Max Drawdown (1Y) Largest decline over 1 year	-9.66%	-11.41%	+1.75%
Max Drawdown (3Y) Largest decline over 3 years	-14.72%	-13.19%	-1.53%
Max Drawdown (5Y) Largest decline over 5 years	—	-28.19%	—
Current Drawdown Current decline from peak	-3.78%	-1.87%	-1.91%
Average Drawdown Average peak-to-trough decline	-4.45%	-4.94%	+0.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.52%	2.96%	-0.44%

Volatility

DFIV vs. BKIE - Volatility Comparison

Dimensional International Value ETF (DFIV) and BNY Mellon International Equity ETF (BKIE) have volatilities of 4.96% and 4.96%, 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

	DFIV	BKIE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.96%	4.96%	0.00%
Volatility (6M) Calculated over the trailing 6-month period	11.79%	12.84%	-1.05%
Volatility (1Y) Calculated over the trailing 1-year period	14.32%	15.14%	-0.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.67%	16.21%	+0.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.67%	16.37%	+0.30%

DFIV vs. BKIE - Expense Ratio Comparison

DFIV has a 0.27% expense ratio, which is higher than BKIE's 0.04% 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

DFIV vs. BKIE - Dividend Comparison

DFIV's dividend yield for the trailing twelve months is around 2.63%, less than BKIE's 3.27% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
BKIE BNY Mellon International Equity ETF	3.27%	3.12%	3.31%	2.88%	2.97%	2.58%	1.49%
DFIV Dimensional International Value ETF	2.63%	2.92%	3.88%	3.93%	3.84%	2.30%	0.00%

Frequently Asked Questions

Can I hold both DFIV and BKIE in my portfolio?

With a correlation of 0.92, DFIV and BKIE 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 is riskier, DFIV or BKIE?

BKIE has higher volatility (4.96%) compared to DFIV (4.96%). In terms of maximum drawdown, DFIV dropped -25.42% vs BKIE's -28.19%.

Which ETF is better, DFIV or BKIE?

On 3-year performance, DFIV leads with 22.72% vs 17.32% for BKIE. On fees, BKIE is cheaper at 0.04% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DFIV or BKIE?

Over the 3-year period, DFIV has performed better with a 22.72% return vs 17.32%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DFIV or BKIE?

BKIE is cheaper with a 0.04% expense ratio, compared with 0.27% for DFIV.

Which ETF pays a higher dividend yield, DFIV or BKIE?

BKIE has the higher dividend yield at 3.27%, compared with 2.63% for DFIV.

What is the main difference between DFIV and BKIE?

They also come from different issuers: Dimensional and BNY Mellon. Their fees differ too: 0.27% for DFIV and 0.04% for BKIE.

Which has better risk-adjusted returns?

DFIV currently has the higher Sharpe Ratio (2.17 vs 1.52), 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.