DFLVX vs. DFLV
DFLVX (DFA U.S. Large Cap Value Portfolio) and DFLV (Dimensional US Large Cap Value ETF) are both Large Cap Value Equities funds from Dimensional. Both are actively managed. Over the past 3 years, DFLVX returned 17.16%/yr vs 17.54%/yr for DFLV. Their 0.99 correlation means they have historically moved very closely together. Both charge a 0.22% expense ratio.
Performance
DFLVX vs. DFLV - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, DFLVX achieves a 18.84% return, which is significantly lower than DFLV's 19.79% return.
DFLVX
- 1D
- 0.67%
- 1M
- 1.90%
- 6M
- 13.48%
- YTD
- 18.84%
- 1Y
- 32.92%
- 3Y*
- 17.16%
- 5Y*
- 12.14%
- 10Y*
- 11.93%
- ALL TIME*
- 10.39%
DFLV
- 1D
- 0.32%
- 1M
- 2.44%
- 6M
- 14.18%
- YTD
- 19.79%
- 1Y
- 33.99%
- 3Y*
- 17.54%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 16.47%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $27.23M | $28.99M | $30.54M | |
| $0.00 | $0.00 | $0.00 |
DFLVX vs. DFLV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
DFLVX DFA U.S. Large Cap Value Portfolio | 18.84% | 16.36% | 12.76% | 11.52% | -0.90% |
DFLV Dimensional US Large Cap Value ETF | 19.79% | 15.90% | 12.88% | 12.31% | -0.94% |
Correlation
The correlation between DFLVX and DFLV is 0.97 - 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. | 0.97 |
Correlation (3Y) Balances recent behavior with more history. | 0.98 |
Correlation (All Time) Calculated using the full available price history since Dec 7, 2022 | 0.99 |
The correlation between DFLVX and DFLV has been stable across timeframes, ranging from 0.97 to 0.99 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
DFLVX vs. DFLV — Risk / Return Rank
DFLVX
DFLV
DFLVX vs. DFLV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for DFA U.S. Large Cap Value Portfolio (DFLVX) and Dimensional US Large Cap Value ETF (DFLV). 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.
| DFLVX | DFLV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.14 | ||
| Sortino ratioReturn per unit of downside risk | -0.13 | ||
| Omega ratioGain probability vs. loss probability | 1.48 | 1.52 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 5.21 | 5.88 | -0.67 |
| Martin ratioReturn relative to average drawdown | 19.82 | 21.75 | -1.94 |
Loading charts...
Drawdowns
DFLVX vs. DFLV - Drawdown Comparison
The maximum DFLVX drawdown since its inception was -65.65%, which is greater than DFLV's maximum drawdown of -16.80%. Use the drawdown chart below to compare losses from any high point for DFLVX and DFLV.
Loading charts...
Drawdown Indicators
| DFLVX | DFLV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.65% | -16.80% | -48.85% |
Max Drawdown (1Y)Largest decline over 1 year | -5.86% | -5.48% | -0.38% |
Max Drawdown (3Y)Largest decline over 3 years | -16.64% | -16.80% | +0.16% |
Max Drawdown (5Y)Largest decline over 5 years | -19.83% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -41.79% | — | — |
Current DrawdownCurrent decline from peak | -0.70% | -0.46% | -0.24% |
Average DrawdownAverage peak-to-trough decline | -8.44% | -2.96% | -5.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.57% | 1.48% | +0.09% |
Volatility
DFLVX vs. DFLV - Volatility Comparison
DFA U.S. Large Cap Value Portfolio (DFLVX) has a higher volatility of 2.54% compared to Dimensional US Large Cap Value ETF (DFLV) at 2.31%. This indicates that DFLVX's price experiences larger fluctuations and is considered to be riskier than DFLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| DFLVX | DFLV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.54% | 2.31% | +0.23% |
Volatility (6M)Calculated over the trailing 6-month period | 8.20% | 8.00% | +0.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.23% | 11.28% | -0.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.77% | 14.07% | +1.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.29% | 14.07% | +4.22% |
DFLVX vs. DFLV - Expense Ratio Comparison
Both DFLVX and DFLV have an expense ratio of 0.22%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
DFLVX vs. DFLV - Dividend Comparison
DFLVX's dividend yield for the trailing twelve months is around 1.43%, more than DFLV's 1.36% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DFLV Dimensional US Large Cap Value ETF | 1.36% | 1.61% | 1.65% | 1.72% | 0.11% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DFLVX DFA U.S. Large Cap Value Portfolio | 1.43% | 1.71% | 1.87% | 3.65% | 4.56% | 5.90% | 1.97% | 4.04% | 7.83% | 6.06% | 3.77% | 6.52% |
Frequently Asked Questions
With a correlation of 0.97, DFLVX and DFLV 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.
DFLVX has higher volatility (2.54%) compared to DFLV (2.31%). In terms of maximum drawdown, DFLVX dropped -65.65% vs DFLV's -16.80%.
DFLV currently has the higher Sharpe Ratio (2.87 vs 2.72), 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.
Find the right allocation for DFLVX and DFLV
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer