DFSV vs. BSCMX

Last updated Jun 4, 2026

DFSV (Dimensional US Small Cap Value ETF) and BSCMX (Brandes Small Cap Value Fund) are both Small Cap Value Equities funds. Over the past 3 years, DFSV returned 16.87%/yr vs 25.45%/yr for BSCMX. Their correlation of 0.88 suggests significant overlap in exposure. DFSV charges 0.31%/yr vs 0.91%/yr for BSCMX.

Performance

DFSV vs. BSCMX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dimensional US Small Cap Value ETF (DFSV) and Brandes Small Cap Value Fund (BSCMX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with DFSV having a 15.01% return and BSCMX slightly higher at 15.67%.

DFSV

• 1D: -0.84%
• 1M: 1.32%
• YTD: 15.01%
• 6M: 14.63%
• 1Y: 33.99%
• 3Y*: 16.87%
• 5Y*: —
• 10Y*: —

BSCMX

• 1D: 0.13%
• 1M: 1.80%
• YTD: 15.67%
• 6M: 17.50%
• 1Y: 41.78%
• 3Y*: 25.45%
• 5Y*: 15.52%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

DFSV vs. BSCMX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
DFSV Dimensional US Small Cap Value ETF	15.01%	8.59%	7.13%	19.26%	0.60%
BSCMX Brandes Small Cap Value Fund	15.67%	23.51%	24.77%	22.75%	-5.29%

Correlation

The correlation between DFSV and BSCMX is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.83
Correlation (3Y) Calculated over the trailing 3-year period	0.86
Correlation (All Time) Calculated using the full available price history since Feb 25, 2022	0.88

The correlation between DFSV and BSCMX has been stable across timeframes, ranging from 0.83 to 0.88 - a consistent structural relationship.

Return for Risk

DFSV vs. BSCMX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DFSV

DFSV Risk / Return Rank: 61
DFSV Sharpe Ratio Rank: 56
DFSV Sortino Ratio Rank: 59
DFSV Omega Ratio Rank: 55
DFSV Calmar Ratio Rank: 72
DFSV Martin Ratio Rank: 63

BSCMX

BSCMX Risk / Return Rank: 77
BSCMX Sharpe Ratio Rank: 78
BSCMX Sortino Ratio Rank: 75
BSCMX Omega Ratio Rank: 58
BSCMX Calmar Ratio Rank: 90
BSCMX Martin Ratio Rank: 83

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DFSV vs. BSCMX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dimensional US Small Cap Value ETF (DFSV) and Brandes Small Cap Value Fund (BSCMX). 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.

	DFSV	BSCMX	Difference
Sharpe ratio: Return per unit of total volatility	1.95	2.55	-0.61
Sortino ratio: Return per unit of downside risk	2.84	3.63	-0.78
Omega ratio: Gain probability vs. loss probability	1.34	1.43	-0.08
Calmar ratio: Return relative to maximum drawdown	3.64	4.59	-0.95
Martin ratio: Return relative to average drawdown	11.57	15.58	-4.01
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DFSV vs. BSCMX - Sharpe Ratio Comparison

The current DFSV Sharpe Ratio is 1.95, which is comparable to the BSCMX Sharpe Ratio of 2.55. The chart below compares the historical Sharpe Ratios of DFSV and BSCMX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DFSV	BSCMX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.95	2.55	-0.61
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.87	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.53	0.70	-0.17

Drawdowns

DFSV vs. BSCMX - Drawdown Comparison

The maximum DFSV drawdown since its inception was -28.02%, smaller than the maximum BSCMX drawdown of -38.12%. Use the drawdown chart below to compare losses from any high point for DFSV and BSCMX.

Drawdown Indicators

	DFSV	BSCMX	Difference
Max Drawdown Largest peak-to-trough decline	-28.02%	-38.12%	+10.10%
Max Drawdown (1Y) Largest decline over 1 year	-9.39%	-9.65%	+0.26%
Max Drawdown (3Y) Largest decline over 3 years	-28.02%	-22.34%	-5.68%
Max Drawdown (5Y) Largest decline over 5 years	—	-22.34%	—
Current Drawdown Current decline from peak	-0.84%	-1.28%	+0.44%
Average Drawdown Average peak-to-trough decline	-6.71%	-6.04%	-0.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.95%	2.83%	+0.12%

Volatility

DFSV vs. BSCMX - Volatility Comparison

The current volatility for Dimensional US Small Cap Value ETF (DFSV) is 3.95%, while Brandes Small Cap Value Fund (BSCMX) has a volatility of 4.57%. This indicates that DFSV experiences smaller price fluctuations and is considered to be less risky than BSCMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DFSV	BSCMX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.95%	4.57%	-0.62%
Volatility (6M) Calculated over the trailing 6-month period	11.28%	11.66%	-0.38%
Volatility (1Y) Calculated over the trailing 1-year period	17.63%	17.35%	+0.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.24%	17.89%	+4.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.24%	20.60%	+1.64%

DFSV vs. BSCMX - Expense Ratio Comparison

DFSV has a 0.31% expense ratio, which is lower than BSCMX's 0.91% expense ratio.

Dividends

DFSV vs. BSCMX - Dividend Comparison

DFSV's dividend yield for the trailing twelve months is around 1.42%, less than BSCMX's 3.93% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
BSCMX Brandes Small Cap Value Fund	3.93%	4.54%	2.31%	3.50%	2.93%	4.38%	1.76%	1.11%	9.02%
DFSV Dimensional US Small Cap Value ETF	1.42%	1.53%	1.31%	1.29%	0.90%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DFSV and BSCMX in my portfolio?

DFSV and BSCMX have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DFSV or BSCMX?

BSCMX has higher volatility (4.57%) compared to DFSV (3.95%). In terms of maximum drawdown, DFSV dropped -28.02% vs BSCMX's -38.12%.

Which has better risk-adjusted returns?

BSCMX currently has the higher Sharpe Ratio (2.55 vs 1.95), 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.