DFLV vs. NOBL
Compare and contrast key facts about Dimensional US Large Cap Value ETF (DFLV) and ProShares S&P 500 Dividend Aristocrats ETF (NOBL).
DFLV and NOBL 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. NOBL is a passively managed fund by ProShares that tracks the performance of the S&P 500 Dividend Aristocrats Index. It was launched on Oct 9, 2013.
Performance
DFLV vs. NOBL - Performance Comparison
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DFLV vs. NOBL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
DFLV Dimensional US Large Cap Value ETF | 5.00% | 15.90% | 12.88% | 12.31% | -0.67% |
NOBL ProShares S&P 500 Dividend Aristocrats ETF | 2.32% | 6.84% | 6.72% | 8.09% | -2.14% |
Returns By Period
In the year-to-date period, DFLV achieves a 5.00% return, which is significantly higher than NOBL's 2.32% return.
DFLV
- 1D
- 0.22%
- 1M
- -3.41%
- YTD
- 5.00%
- 6M
- 9.71%
- 1Y
- 19.33%
- 3Y*
- 15.35%
- 5Y*
- —
- 10Y*
- —
NOBL
- 1D
- -0.04%
- 1M
- -6.79%
- YTD
- 2.32%
- 6M
- 4.06%
- 1Y
- 6.18%
- 3Y*
- 7.40%
- 5Y*
- 6.30%
- 10Y*
- 9.54%
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DFLV vs. NOBL - Expense Ratio Comparison
DFLV has a 0.22% expense ratio, which is lower than NOBL's 0.35% expense ratio.
Return for Risk
DFLV vs. NOBL — Risk / Return Rank
DFLV
NOBL
DFLV vs. NOBL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Dimensional US Large Cap Value ETF (DFLV) and ProShares S&P 500 Dividend Aristocrats ETF (NOBL). 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.
| DFLV | NOBL | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.17 | 0.41 | +0.76 |
Sortino ratioReturn per unit of downside risk | 1.67 | 0.70 | +0.97 |
Omega ratioGain probability vs. loss probability | 1.25 | 1.09 | +0.16 |
Calmar ratioReturn relative to maximum drawdown | 1.55 | 0.54 | +1.02 |
Martin ratioReturn relative to average drawdown | 6.85 | 1.89 | +4.96 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| DFLV | NOBL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.17 | 0.41 | +0.76 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.44 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.58 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.96 | 0.64 | +0.32 |
Correlation
The correlation between DFLV and NOBL is 0.86, 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.
Dividends
DFLV vs. NOBL - Dividend Comparison
DFLV's dividend yield for the trailing twelve months is around 1.55%, less than NOBL's 2.14% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DFLV Dimensional US Large Cap Value ETF | 1.55% | 1.61% | 1.65% | 1.72% | 0.11% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NOBL ProShares S&P 500 Dividend Aristocrats ETF | 2.14% | 2.14% | 2.05% | 2.09% | 1.94% | 1.89% | 2.14% | 1.89% | 2.37% | 1.74% | 2.13% | 2.02% |
Drawdowns
DFLV vs. NOBL - Drawdown Comparison
The maximum DFLV drawdown since its inception was -16.80%, smaller than the maximum NOBL drawdown of -35.43%. Use the drawdown chart below to compare losses from any high point for DFLV and NOBL.
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Drawdown Indicators
| DFLV | NOBL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.80% | -35.43% | +18.63% |
Max Drawdown (1Y)Largest decline over 1 year | -12.26% | -11.20% | -1.06% |
Max Drawdown (5Y)Largest decline over 5 years | — | -17.92% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.43% | — |
Current DrawdownCurrent decline from peak | -3.51% | -7.07% | +3.56% |
Average DrawdownAverage peak-to-trough decline | -3.21% | -3.45% | +0.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.78% | 3.18% | -0.40% |
Volatility
DFLV vs. NOBL - Volatility Comparison
Dimensional US Large Cap Value ETF (DFLV) has a higher volatility of 3.97% compared to ProShares S&P 500 Dividend Aristocrats ETF (NOBL) at 3.55%. This indicates that DFLV's price experiences larger fluctuations and is considered to be riskier than NOBL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DFLV | NOBL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.97% | 3.55% | +0.42% |
Volatility (6M)Calculated over the trailing 6-month period | 8.73% | 8.06% | +0.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.67% | 15.24% | +1.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.41% | 14.39% | +0.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.41% | 16.59% | -2.18% |