DFLV vs. AVLV
Compare and contrast key facts about Dimensional US Large Cap Value ETF (DFLV) and Avantis U.S. Large Cap Value ETF (AVLV).
DFLV and AVLV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DFLV is an actively managed fund by Dimensional. It was launched on Dec 6, 2022. AVLV is a passively managed fund by American Century Investments that tracks the performance of the Russell 1000 Value Index. It was launched on Sep 21, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DFLV or AVLV.
Key characteristics
| DFLV | AVLV | |
|---|---|---|
| YTD Return | 14.89% | 15.24% |
| 1Y Return | 26.99% | 27.26% |
| Sharpe Ratio | 2.32 | 2.23 |
| Sortino Ratio | 3.21 | 3.06 |
| Omega Ratio | 1.40 | 1.39 |
| Calmar Ratio | 2.49 | 2.74 |
| Martin Ratio | 12.09 | 11.59 |
| Ulcer Index | 2.33% | 2.48% |
| Daily Std Dev | 12.11% | 12.87% |
| Max Drawdown | -11.29% | -19.34% |
| Current Drawdown | -0.81% | -0.86% |
Correlation
The correlation between DFLV and AVLV is 0.95, 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
DFLV vs. AVLV - Performance Comparison
The year-to-date returns for both investments are quite close, with DFLV having a 14.89% return and AVLV slightly higher at 15.24%. 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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DFLV vs. AVLV - Expense Ratio Comparison
DFLV has a 0.22% expense ratio, which is higher than AVLV's 0.15% 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
DFLV vs. AVLV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dimensional US Large Cap Value ETF (DFLV) and Avantis U.S. Large Cap Value ETF (AVLV). 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
DFLV vs. AVLV - Dividend Comparison
DFLV's dividend yield for the trailing twelve months is around 1.66%, more than AVLV's 1.61% yield.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
DFLV Dimensional US Large Cap Value ETF | 1.66% | 1.72% | 0.11% | 0.00% |
AVLV Avantis U.S. Large Cap Value ETF | 1.61% | 1.85% | 2.00% | 0.29% |
Drawdowns
DFLV vs. AVLV - Drawdown Comparison
The maximum DFLV drawdown since its inception was -11.29%, smaller than the maximum AVLV drawdown of -19.34%. Use the drawdown chart below to compare losses from any high point for DFLV and AVLV. For additional features, visit the drawdowns tool.
Volatility
DFLV vs. AVLV - Volatility Comparison
Dimensional US Large Cap Value ETF (DFLV) and Avantis U.S. Large Cap Value ETF (AVLV) have volatilities of 2.91% and 3.01%, 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.