DFIVX vs. VIHAX
DFIVX (DFA International Value Portfolio Institutional Class) and VIHAX (Vanguard International High Dividend Yield Index Fund Admiral Shares) are both mutual funds - DFIVX is a Foreign Large Cap Equities fund actively managed by Dimensional, while VIHAX is a Large Cap Value Equities fund tracking the FTSE All-World ex US High Dividend Yield Index. DFIVX is actively managed, while VIHAX is passively managed. Over the past 10 years, DFIVX returned 12.31%/yr vs 11.24%/yr for VIHAX. Their 0.96 correlation means they have historically moved very closely together. DFIVX charges 0.28%/yr vs 0.16%/yr for VIHAX.
Performance
DFIVX vs. VIHAX - Performance Comparison
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Returns By Period
In the year-to-date period, DFIVX achieves a 16.48% return, which is significantly lower than VIHAX's 17.32% return. Over the past 10 years, DFIVX has outperformed VIHAX with an annualized return of 12.31%, while VIHAX has yielded a comparatively lower 11.24% annualized return.
DFIVX
- 1D
- -0.60%
- 1M
- 4.35%
- 6M
- 9.19%
- YTD
- 16.48%
- 1Y
- 37.52%
- 3Y*
- 23.08%
- 5Y*
- 16.10%
- 10Y*
- 12.31%
- ALL TIME*
- 7.59%
VIHAX
- 1D
- -0.62%
- 1M
- 4.34%
- 6M
- 10.32%
- YTD
- 17.32%
- 1Y
- 34.48%
- 3Y*
- 21.86%
- 5Y*
- 14.01%
- 10Y*
- 11.24%
- ALL TIME*
- 11.22%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
DFIVX vs. VIHAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DFIVX DFA International Value Portfolio Institutional Class | 16.48% | 45.24% | 6.87% | 17.83% | -3.51% | 18.57% | -2.13% | 15.68% | -17.49% | 26.08% |
VIHAX Vanguard International High Dividend Yield Index Fund Admiral Shares | 17.32% | 38.01% | 6.96% | 16.81% | -6.88% | 15.01% | -0.73% | 20.03% | -12.38% | 22.40% |
Correlation
The correlation between DFIVX and VIHAX is 0.96 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.96 |
Correlation (3Y) Balances recent behavior with more history. | 0.96 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.97 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.96 |
Correlation (All Time) Calculated using the full available price history since Mar 7, 2016 | 0.96 |
The correlation between DFIVX and VIHAX has been stable across timeframes, ranging from 0.96 to 0.97 - a consistent structural relationship.
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Return for Risk
DFIVX vs. VIHAX — Risk / Return Rank
DFIVX
VIHAX
DFIVX vs. VIHAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for DFA International Value Portfolio Institutional Class (DFIVX) and Vanguard International High Dividend Yield Index Fund Admiral Shares (VIHAX). 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.
| DFIVX | VIHAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.22 | ||
| Sortino ratioReturn per unit of downside risk | -0.37 | ||
| Omega ratioGain probability vs. loss probability | 1.47 | 1.53 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 3.92 | 3.63 | +0.29 |
| Martin ratioReturn relative to average drawdown | 15.35 | 13.90 | +1.45 |
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Drawdowns
DFIVX vs. VIHAX - Drawdown Comparison
The maximum DFIVX drawdown since its inception was -66.61%, which is greater than VIHAX's maximum drawdown of -38.80%. Use the drawdown chart below to compare losses from any high point for DFIVX and VIHAX.
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Drawdown Indicators
| DFIVX | VIHAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.61% | -38.80% | -27.81% |
Max Drawdown (1Y)Largest decline over 1 year | -9.58% | -9.53% | -0.05% |
Max Drawdown (3Y)Largest decline over 3 years | -14.39% | -12.29% | -2.10% |
Max Drawdown (5Y)Largest decline over 5 years | -25.29% | -23.92% | -1.37% |
Max Drawdown (10Y)Largest decline over 10 years | -48.11% | -38.80% | -9.31% |
Current DrawdownCurrent decline from peak | -0.60% | -0.62% | +0.02% |
Average DrawdownAverage peak-to-trough decline | -12.18% | -5.94% | -6.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.44% | 2.49% | -0.05% |
Volatility
DFIVX vs. VIHAX - Volatility Comparison
DFA International Value Portfolio Institutional Class (DFIVX) has a higher volatility of 4.24% compared to Vanguard International High Dividend Yield Index Fund Admiral Shares (VIHAX) at 3.46%. This indicates that DFIVX's price experiences larger fluctuations and is considered to be riskier than VIHAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DFIVX | VIHAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.24% | 3.46% | +0.78% |
Volatility (6M)Calculated over the trailing 6-month period | 11.76% | 10.28% | +1.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.24% | 12.13% | +2.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.26% | 13.76% | +2.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.68% | 15.55% | +2.13% |
DFIVX vs. VIHAX - Expense Ratio Comparison
DFIVX has a 0.28% expense ratio, which is higher than VIHAX's 0.16% expense ratio.
Dividends
DFIVX vs. VIHAX - Dividend Comparison
DFIVX's dividend yield for the trailing twelve months is around 3.64%, more than VIHAX's 3.45% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DFIVX DFA International Value Portfolio Institutional Class | 3.64% | 4.21% | 3.94% | 4.40% | 3.78% | 4.37% | 2.42% | 3.70% | 6.60% | 2.85% | 3.36% | 3.45% |
VIHAX Vanguard International High Dividend Yield Index Fund Admiral Shares | 3.45% | 3.69% | 4.85% | 4.58% | 4.70% | 4.30% | 3.22% | 5.63% | 4.28% | 3.16% | 2.37% | 0.00% |
Frequently Asked Questions
With a correlation of 0.96, DFIVX and VIHAX 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.
DFIVX has higher volatility (4.24%) compared to VIHAX (3.46%). In terms of maximum drawdown, DFIVX dropped -66.61% vs VIHAX's -38.80%.
VIHAX currently has the higher Sharpe Ratio (2.86 vs 2.64), 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.
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