DFTEX vs. BIV
Compare and contrast key facts about DFA Intermediate-Term Extended Quality Portfolio Fund (DFTEX) and Vanguard Intermediate-Term Bond ETF (BIV).
DFTEX is managed by Dimensional Fund Advisors LP. It was launched on Jul 20, 2010. BIV is a passively managed fund by Vanguard that tracks the performance of the Barclays U.S. 5. It was launched on Apr 3, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DFTEX or BIV.
Key characteristics
| DFTEX | BIV | |
|---|---|---|
| YTD Return | 3.13% | 1.66% |
| 1Y Return | 10.98% | 8.17% |
| 3Y Return (Ann) | -1.83% | -2.12% |
| 5Y Return (Ann) | 0.55% | 0.08% |
| 10Y Return (Ann) | 2.42% | 1.83% |
| Sharpe Ratio | 1.86 | 1.35 |
| Sortino Ratio | 2.80 | 2.02 |
| Omega Ratio | 1.34 | 1.24 |
| Calmar Ratio | 0.67 | 0.52 |
| Martin Ratio | 7.82 | 4.66 |
| Ulcer Index | 1.42% | 1.75% |
| Daily Std Dev | 5.96% | 6.05% |
| Max Drawdown | -22.83% | -18.94% |
| Current Drawdown | -7.40% | -8.72% |
Correlation
The correlation between DFTEX and BIV is 0.92, 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
DFTEX vs. BIV - Performance Comparison
In the year-to-date period, DFTEX achieves a 3.13% return, which is significantly higher than BIV's 1.66% return. Over the past 10 years, DFTEX has outperformed BIV with an annualized return of 2.42%, while BIV has yielded a comparatively lower 1.83% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
DFTEX vs. BIV - Expense Ratio Comparison
DFTEX has a 0.20% expense ratio, which is higher than BIV's 0.04% 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
DFTEX vs. BIV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for DFA Intermediate-Term Extended Quality Portfolio Fund (DFTEX) and Vanguard Intermediate-Term Bond ETF (BIV). 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
DFTEX vs. BIV - Dividend Comparison
DFTEX's dividend yield for the trailing twelve months is around 4.06%, more than BIV's 3.69% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DFTEX DFA Intermediate-Term Extended Quality Portfolio Fund | 4.06% | 3.80% | 3.27% | 2.42% | 2.59% | 3.05% | 3.26% | 2.95% | 3.01% | 3.42% | 3.06% | 2.84% |
BIV Vanguard Intermediate-Term Bond ETF | 3.69% | 3.10% | 2.41% | 3.42% | 2.96% | 2.75% | 2.87% | 2.69% | 2.38% | 3.02% | 3.96% | 4.21% |
Drawdowns
DFTEX vs. BIV - Drawdown Comparison
The maximum DFTEX drawdown since its inception was -22.83%, which is greater than BIV's maximum drawdown of -18.94%. Use the drawdown chart below to compare losses from any high point for DFTEX and BIV. For additional features, visit the drawdowns tool.
Volatility
DFTEX vs. BIV - Volatility Comparison
DFA Intermediate-Term Extended Quality Portfolio Fund (DFTEX) has a higher volatility of 1.95% compared to Vanguard Intermediate-Term Bond ETF (BIV) at 1.74%. This indicates that DFTEX's price experiences larger fluctuations and is considered to be riskier than BIV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.