DFLV vs. SPY
Compare and contrast key facts about Dimensional US Large Cap Value ETF (DFLV) and SPDR S&P 500 ETF (SPY).
DFLV and SPY 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. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DFLV or SPY.
Correlation
The correlation between DFLV and SPY is 0.75, 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. SPY - Performance Comparison
Key characteristics
DFLV:
1.18
SPY:
2.17
DFLV:
1.75
SPY:
2.88
DFLV:
1.21
SPY:
1.41
DFLV:
1.54
SPY:
3.19
DFLV:
5.72
SPY:
14.10
DFLV:
2.49%
SPY:
1.90%
DFLV:
12.08%
SPY:
12.39%
DFLV:
-11.29%
SPY:
-55.19%
DFLV:
-8.06%
SPY:
-3.19%
Returns By Period
In the year-to-date period, DFLV achieves a 12.20% return, which is significantly lower than SPY's 24.97% return.
DFLV
12.20%
-5.60%
4.52%
13.20%
N/A
N/A
SPY
24.97%
-0.32%
8.25%
26.85%
14.57%
12.92%
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DFLV vs. SPY - Expense Ratio Comparison
DFLV has a 0.22% expense ratio, which is higher than SPY's 0.09% 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. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dimensional US Large Cap Value ETF (DFLV) and SPDR S&P 500 ETF (SPY). 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. SPY - Dividend Comparison
DFLV's dividend yield for the trailing twelve months is around 1.16%, more than SPY's 0.87% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DFLV Dimensional US Large Cap Value ETF | 1.16% | 1.72% | 0.11% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 0.87% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
DFLV vs. SPY - Drawdown Comparison
The maximum DFLV drawdown since its inception was -11.29%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for DFLV and SPY. For additional features, visit the drawdowns tool.
Volatility
DFLV vs. SPY - Volatility Comparison
Dimensional US Large Cap Value ETF (DFLV) has a higher volatility of 3.83% compared to SPDR S&P 500 ETF (SPY) at 3.64%. This indicates that DFLV's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.