DFSVX vs. DFUVX

Last updated Jun 13, 2026

DFSVX (DFA U.S. Small Cap Value Portfolio I) and DFUVX (DFA U.S. Large Cap Value III Portfolio) are both mutual funds - DFSVX is a Small Cap Value Equities fund actively managed by Dimensional, while DFUVX is a Large Cap Value Equities fund managed by Dimensional. Over the past 10 years, DFSVX returned 11.75%/yr vs 11.41%/yr for DFUVX. Their correlation of 0.86 suggests significant overlap in exposure. DFSVX charges 0.30%/yr vs 0.14%/yr for DFUVX.

Performance

DFSVX vs. DFUVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DFA U.S. Small Cap Value Portfolio I (DFSVX) and DFA U.S. Large Cap Value III Portfolio (DFUVX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DFSVX achieves a 17.78% return, which is significantly higher than DFUVX's 16.03% return. Both investments have delivered pretty close results over the past 10 years, with DFSVX having a 11.75% annualized return and DFUVX not far behind at 11.41%.

DFSVX

• 1D: 1.63%
• 1M: 4.88%
• YTD: 17.78%
• 6M: 15.07%
• 1Y: 34.28%
• 3Y*: 17.62%
• 5Y*: 10.49%
• 10Y*: 11.75%

DFUVX

• 1D: 1.73%
• 1M: 3.67%
• YTD: 16.03%
• 6M: 15.83%
• 1Y: 31.69%
• 3Y*: 18.54%
• 5Y*: 9.81%
• 10Y*: 11.41%

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

DFSVX vs. DFUVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DFSVX DFA U.S. Small Cap Value Portfolio I	17.78%	8.37%	9.58%	19.02%	-3.57%	39.97%	2.24%	18.15%	-15.13%	6.82%
DFUVX DFA U.S. Large Cap Value III Portfolio	16.03%	15.83%	12.87%	11.65%	-5.73%	22.75%	-0.45%	25.62%	-11.58%	18.60%

Correlation

The correlation between DFSVX and DFUVX is 0.87, 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	0.87
Correlation (3Y) Calculated over the trailing 3-year period	0.88
Correlation (5Y) Calculated over the trailing 5-year period	0.90
Correlation (10Y) Calculated over the trailing 10-year period	0.89
Correlation (All Time) Calculated using the full available price history since Jun 20, 1996	0.86

The correlation between DFSVX and DFUVX has been stable across timeframes, ranging from 0.86 to 0.90 - a consistent structural relationship.

Return for Risk

DFSVX vs. DFUVX — Risk / Return Rank

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

DFSVX

DFSVX Risk / Return Rank: 75
DFSVX Sharpe Ratio Rank: 71
DFSVX Sortino Ratio Rank: 73
DFSVX Omega Ratio Rank: 65
DFSVX Calmar Ratio Rank: 88
DFSVX Martin Ratio Rank: 78

DFUVX

DFUVX Risk / Return Rank: 92
DFUVX Sharpe Ratio Rank: 94
DFUVX Sortino Ratio Rank: 90
DFUVX Omega Ratio Rank: 85
DFUVX Calmar Ratio Rank: 96
DFUVX Martin Ratio Rank: 96

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.

DFSVX vs. DFUVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DFA U.S. Small Cap Value Portfolio I (DFSVX) 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.

	DFSVX	DFUVX	Difference
Sharpe ratio: Return per unit of total volatility	1.96	2.87	-0.91
Sortino ratio: Return per unit of downside risk	2.85	4.01	-1.16
Omega ratio: Gain probability vs. loss probability	1.35	1.50	-0.16
Calmar ratio: Return relative to maximum drawdown	3.58	5.57	-1.99
Martin ratio: Return relative to average drawdown	11.45	20.19	-8.75

DFSVX vs. DFUVX - Sharpe Ratio Comparison

The current DFSVX Sharpe Ratio is 1.96, which is lower than the DFUVX Sharpe Ratio of 2.87. The chart below compares the historical Sharpe Ratios of DFSVX and DFUVX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DFSVX vs. DFUVX - Drawdown Comparison

The maximum DFSVX drawdown since its inception was -66.70%, roughly equal to the maximum DFUVX drawdown of -65.60%. Use the drawdown chart below to compare losses from any high point for DFSVX and DFUVX.

Drawdown Indicators

	DFSVX	DFUVX	Difference
Max Drawdown Largest peak-to-trough decline	-66.70%	-65.60%	-1.10%
Max Drawdown (1Y) Largest decline over 1 year	-9.59%	-5.85%	-3.74%
Max Drawdown (3Y) Largest decline over 3 years	-27.69%	-17.04%	-10.65%
Max Drawdown (5Y) Largest decline over 5 years	-27.69%	-20.33%	-7.36%
Max Drawdown (10Y) Largest decline over 10 years	-52.12%	-41.76%	-10.36%
Current Drawdown Current decline from peak	0.00%	-0.67%	+0.67%
Average Drawdown Average peak-to-trough decline	-9.46%	-9.83%	+0.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.99%	1.60%	+1.39%

Volatility

DFSVX vs. DFUVX - Volatility Comparison

DFA U.S. Small Cap Value Portfolio I (DFSVX) has a higher volatility of 4.27% compared to DFA U.S. Large Cap Value III Portfolio (DFUVX) at 3.74%. This indicates that DFSVX's price experiences larger fluctuations and is considered to be riskier than DFUVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DFSVX	DFUVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.27%	3.74%	+0.53%
Volatility (6M) Calculated over the trailing 6-month period	11.51%	8.64%	+2.87%
Volatility (1Y) Calculated over the trailing 1-year period	17.53%	11.35%	+6.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.50%	15.98%	+5.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.89%	18.41%	+5.48%

DFSVX vs. DFUVX - Expense Ratio Comparison

DFSVX has a 0.30% expense ratio, which is higher than DFUVX's 0.14% expense ratio.

Dividends

DFSVX vs. DFUVX - Dividend Comparison

DFSVX's dividend yield for the trailing twelve months is around 1.48%, less than DFUVX's 1.50% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DFSVX DFA U.S. Small Cap Value Portfolio I	1.48%	1.69%	1.47%	3.67%	6.77%	10.40%	1.96%	2.83%	7.54%	5.18%	4.18%	5.29%
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

Can I hold both DFSVX and DFUVX in my portfolio?

DFSVX and DFUVX have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DFSVX or DFUVX?

DFSVX has higher volatility (4.27%) compared to DFUVX (3.74%). In terms of maximum drawdown, DFSVX dropped -66.70% vs DFUVX's -65.60%.

Which has better risk-adjusted returns?

DFUVX currently has the higher Sharpe Ratio (2.87 vs 1.96), 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.