DFLVX vs. DFUVX
DFLVX (DFA U.S. Large Cap Value Portfolio) and DFUVX (DFA U.S. Large Cap Value III Portfolio) are both Large Cap Value Equities funds from Dimensional. Over the past 10 years, DFLVX returned 12.36%/yr vs 11.73%/yr for DFUVX. With a 1.00 correlation, they move nearly in lockstep. DFLVX charges 0.22%/yr vs 0.14%/yr for DFUVX.
Performance
DFLVX vs. DFUVX - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both investments are quite close, with DFLVX having a 16.63% return and DFUVX slightly higher at 16.69%. Over the past 10 years, DFLVX has outperformed DFUVX with an annualized return of 12.36%, while DFUVX has yielded a comparatively lower 11.73% annualized return.
DFLVX
- 1D
- 0.82%
- 1M
- 2.72%
- YTD
- 16.63%
- 6M
- 15.85%
- 1Y
- 32.08%
- 3Y*
- 19.24%
- 5Y*
- 11.94%
- 10Y*
- 12.36%
DFUVX
- 1D
- 0.82%
- 1M
- 2.71%
- YTD
- 16.69%
- 6M
- 15.92%
- 1Y
- 32.20%
- 3Y*
- 19.15%
- 5Y*
- 10.56%
- 10Y*
- 11.73%
DFLVX vs. DFUVX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DFLVX DFA U.S. Large Cap Value Portfolio | 16.63% | 16.36% | 12.76% | 11.52% | -5.81% | 30.40% | -0.58% | 25.46% | -11.68% | 18.50% |
DFUVX DFA U.S. Large Cap Value III Portfolio | 16.69% | 15.83% | 12.87% | 11.65% | -5.73% | 22.75% | -0.45% | 25.62% | -11.58% | 18.60% |
Correlation
The correlation between DFLVX and DFUVX is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 1.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 1.00 |
Correlation (5Y) Calculated over the trailing 5-year period | 1.00 |
Correlation (10Y) Calculated over the trailing 10-year period | 1.00 |
Correlation (All Time) Calculated using the full available price history since Jun 20, 1996 | 1.00 |
The correlation between DFLVX and DFUVX has been stable across timeframes, ranging from 1.00 to 1.00 - 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. DFUVX — Risk / Return Rank
DFLVX
DFUVX
DFLVX vs. DFUVX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for DFA U.S. Large Cap Value Portfolio (DFLVX) and DFA U.S. Large Cap Value III Portfolio (DFUVX). 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 | DFUVX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.01 | ||
| Sortino ratioReturn per unit of downside risk | 0.00 | ||
| Omega ratioGain probability vs. loss probability | 1.51 | 1.51 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 5.67 | 5.70 | -0.03 |
| Martin ratioReturn relative to average drawdown | 20.59 | 20.67 | -0.08 |
Loading charts...
Drawdowns
DFLVX vs. DFUVX - Drawdown Comparison
The maximum DFLVX drawdown since its inception was -65.65%, roughly equal to the maximum DFUVX drawdown of -65.60%. Use the drawdown chart below to compare losses from any high point for DFLVX and DFUVX.
Loading charts...
Drawdown Indicators
| DFLVX | DFUVX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.65% | -65.60% | -0.05% |
Max Drawdown (1Y)Largest decline over 1 year | -5.86% | -5.85% | -0.01% |
Max Drawdown (3Y)Largest decline over 3 years | -16.64% | -17.04% | +0.40% |
Max Drawdown (5Y)Largest decline over 5 years | -19.83% | -20.33% | +0.50% |
Max Drawdown (10Y)Largest decline over 10 years | -41.79% | -41.76% | -0.03% |
Current DrawdownCurrent decline from peak | -0.46% | -0.47% | +0.01% |
Average DrawdownAverage peak-to-trough decline | -8.46% | -9.83% | +1.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.60% | 1.60% | 0.00% |
Volatility
DFLVX vs. DFUVX - Volatility Comparison
DFA U.S. Large Cap Value Portfolio (DFLVX) and DFA U.S. Large Cap Value III Portfolio (DFUVX) have volatilities of 3.77% and 3.76%, 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.
Loading charts...
Volatility by Period
| DFLVX | DFUVX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.77% | 3.76% | +0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 8.48% | 8.48% | 0.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.36% | 11.39% | -0.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.87% | 15.93% | -0.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.40% | 18.42% | -0.02% |
DFLVX vs. DFUVX - Expense Ratio Comparison
DFLVX has a 0.22% expense ratio, which is higher than DFUVX's 0.14% 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%.
Dividends
DFLVX vs. DFUVX - Dividend Comparison
DFLVX's dividend yield for the trailing twelve months is around 1.45%, less than DFUVX's 1.50% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DFLVX DFA U.S. Large Cap Value Portfolio | 1.45% | 1.71% | 1.87% | 3.65% | 4.56% | 5.90% | 1.97% | 4.04% | 7.83% | 6.06% | 3.77% | 6.52% |
DFUVX DFA U.S. Large Cap Value III Portfolio | 1.50% | 1.31% | 1.94% | 5.68% | 5.84% | 1.77% | 2.09% | 5.04% | 9.79% | 7.99% | 4.90% | 8.03% |
Frequently Asked Questions
With a correlation of 1.00, DFLVX and DFUVX 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 (3.77%) compared to DFUVX (3.76%). In terms of maximum drawdown, DFLVX dropped -65.65% vs DFUVX's -65.60%.
DFUVX currently has the higher Sharpe Ratio (2.93 vs 2.93), 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 DFUVX
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