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DFUV vs. IWX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

DFUV vs. IWX

Last updated Aug 2, 2026
Documentation

DFUV (Dimensional US Marketwide Value ETF) and IWX (iShares Russell Top 200 Value ETF) are both Large Cap Value Equities funds. DFUV is actively managed, while IWX is passively managed. Over the past 3 years, DFUV returned 17.41%/yr vs 18.98%/yr for IWX. Their correlation of 0.94 means they have usually moved in the same direction. DFUV charges 0.21%/yr vs 0.20%/yr for IWX.

Performance

DFUV vs. IWX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dimensional US Marketwide Value ETF (DFUV) and iShares Russell Top 200 Value ETF (IWX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

The year-to-date returns for both investments are quite close, with DFUV having a 20.16% return and IWX slightly higher at 20.90%.

DFUV

1D
0.22%
1M
1.35%
6M
14.55%
YTD
20.16%
1Y
34.64%
3Y*
17.41%
5Y*
—
10Y*
—
ALL TIME*
14.13%

IWX

1D
0.74%
1M
2.59%
6M
15.57%
YTD
20.90%
1Y
34.92%
3Y*
18.98%
5Y*
12.65%
10Y*
12.13%
ALL TIME*
11.70%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)

DFUV

Dimensional US Marketwide Value ETF
$24.58M$21.37M$22.37M

IWX

iShares Russell Top 200 Value ETF
$55.11M$49.72M$33.93M

DFUV vs. IWX - Yearly Performance Comparison

2026 (YTD)2025202420232022
DFUV
Dimensional US Marketwide Value ETF		20.16%15.77%11.79%13.25%-0.71%
IWX
iShares Russell Top 200 Value ETF		20.90%18.23%14.89%10.45%-0.55%

Correlation

The correlation between DFUV and IWX is 0.90, meaning they have usually moved in the same direction, including during past declines.

Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.90

Correlation (3Y)
Balances recent behavior with more history.

0.93

Correlation (All Time)
Calculated using the full available price history since May 9, 2022

0.94

The correlation between DFUV and IWX has been stable across timeframes, ranging from 0.90 to 0.94 - a consistent structural relationship.

DFUV vs. IWX - Sectors Allocation Comparison

Sectors
DFUV
IWX

Financial Services

22.8%
20.0%

Healthcare

15.1%
13.6%

Technology

13.6%
22.6%

Industrials

12.8%
8.3%

Energy

12.1%
5.1%

Consumer Cyclical

7.5%
11.6%

Basic Materials

6.4%
2.8%

Communication Services

5.3%
3.5%

Consumer Defensive

3.6%
8.2%

Real Estate

0.3%
1.8%

Utilities

0.1%
2.6%

Financial Services

DFUV
22.8%
IWX
20.0%

Healthcare

DFUV
15.1%
IWX
13.6%

Technology

DFUV
13.6%
IWX
22.6%

Industrials

DFUV
12.8%
IWX
8.3%

Energy

DFUV
12.1%
IWX
5.1%

Consumer Cyclical

DFUV
7.5%
IWX
11.6%

Basic Materials

DFUV
6.4%
IWX
2.8%

Communication Services

DFUV
5.3%
IWX
3.5%

Consumer Defensive

DFUV
3.6%
IWX
8.2%

Real Estate

DFUV
0.3%
IWX
1.8%

Utilities

DFUV
0.1%
IWX
2.6%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Dimensional US Marketwide Value ETF

iShares Russell Top 200 Value ETF

Often compared with DFUV:
DFUV vs. VTVDFUV vs. AVLVDFUV vs. DFLVDFUV vs. DFACDFUV vs. AVUVDFUV vs. VOODFUV vs. DFUS
Often compared with IWX:
IWX vs. IWNIWX vs. IWYIWX vs. IWCIWX vs. IWFIWX vs. XLPIWX vs. QQQIWX vs. SPYV

Return for Risk

DFUV vs. IWX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.
DFUV
DFUV Risk / Return Rank: 9595
Overall Rank
DFUV Sharpe Ratio Rank: 9595
Sharpe Ratio Rank
DFUV Sortino Ratio Rank: 9494
Sortino Ratio Rank
DFUV Omega Ratio Rank: 9393
Omega Ratio Rank
DFUV Calmar Ratio Rank: 9595
Calmar Ratio Rank
DFUV Martin Ratio Rank: 9595
Martin Ratio Rank
IWX
IWX Risk / Return Rank: 9595
Overall Rank
IWX Sharpe Ratio Rank: 9696
Sharpe Ratio Rank
IWX Sortino Ratio Rank: 9696
Sortino Ratio Rank
IWX Omega Ratio Rank: 9595
Omega Ratio Rank
IWX Calmar Ratio Rank: 9595
Calmar Ratio Rank
IWX Martin Ratio Rank: 9696
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

DFUV vs. IWX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dimensional US Marketwide Value ETF (DFUV) and iShares Russell Top 200 Value ETF (IWX). 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.

DFUVIWXDifference
Sharpe ratioReturn per unit of total volatility
2.74
3.10

-0.35

Sortino ratioReturn per unit of downside risk
3.82
4.28

-0.46

Omega ratioGain probability vs. loss probability

1.49

1.55

-0.06

Calmar ratioReturn relative to maximum drawdown

5.47

5.05

+0.42

Martin ratioReturn relative to average drawdown

20.64

22.22

-1.58

DFUV vs. IWX - Sharpe Ratio Comparison

The current DFUV Sharpe Ratio is 2.74, which is comparable to the IWX Sharpe Ratio of 3.10. The chart below compares the historical Sharpe Ratios of DFUV and IWX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

DFUV vs. IWX - Drawdown Comparison

The maximum DFUV drawdown since its inception was -17.60%, smaller than the maximum IWX drawdown of -35.76%. Use the drawdown chart below to compare losses from any high point for DFUV and IWX.

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Drawdown Indicators

DFUVIWXDifference

Max Drawdown

Largest peak-to-trough decline

-17.60%

-35.76%

+18.16%

Max Drawdown (1Y)

Largest decline over 1 year

-6.01%

-6.59%

+0.58%

Max Drawdown (3Y)

Largest decline over 3 years

-17.60%

-13.37%

-4.23%

Max Drawdown (5Y)

Largest decline over 5 years

—

-18.13%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-35.76%

—

Current Drawdown

Current decline from peak

-0.38%

0.00%

-0.38%

Average Drawdown

Average peak-to-trough decline

-3.54%

-3.79%

+0.25%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.59%

1.50%

+0.09%

Volatility

DFUV vs. IWX - Volatility Comparison

The current volatility for Dimensional US Marketwide Value ETF (DFUV) is 2.63%, while iShares Russell Top 200 Value ETF (IWX) has a volatility of 3.10%. This indicates that DFUV experiences smaller price fluctuations and is considered to be less risky than IWX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

DFUVIWXDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.63%

3.10%

-0.47%

Volatility (6M)

Calculated over the trailing 6-month period

8.65%

8.46%

+0.19%

Volatility (1Y)

Calculated over the trailing 1-year period

12.02%

10.81%

+1.21%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.12%

13.89%

+2.23%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.12%

16.48%

-0.36%

DFUV vs. IWX - Expense Ratio Comparison

DFUV has a 0.21% expense ratio, which is higher than IWX's 0.20% 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

DFUV vs. IWX - Dividend Comparison

DFUV's dividend yield for the trailing twelve months is around 1.30%, less than IWX's 1.39% yield.

PositionTTM20252024202320222021202020192018201720162015
DFUV
Dimensional US Marketwide Value ETF		1.30%1.55%1.64%1.72%1.34%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
IWX
iShares Russell Top 200 Value ETF		1.39%1.59%1.97%2.13%2.07%1.79%2.12%2.60%2.66%2.12%2.22%2.77%

Frequently Asked Questions

DFUV and IWX have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

IWX has higher volatility (3.10%) compared to DFUV (2.63%). In terms of maximum drawdown, DFUV dropped -17.60% vs IWX's -35.76%.

On 3-year performance, IWX leads with 18.98% vs 17.41% for DFUV. On fees, IWX is cheaper at 0.20% per year. On volatility, DFUV has been the lower-risk option at 2.63%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 3-year period, IWX has performed better with a 18.98% return vs 17.41%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

IWX is cheaper with a 0.20% expense ratio, compared with 0.21% for DFUV.

IWX has the higher dividend yield at 1.39%, compared with 1.30% for DFUV.

They also come from different issuers: Dimensional and iShares. Their fees differ too: 0.21% for DFUV and 0.20% for IWX.

IWX currently has the higher Sharpe Ratio (3.10 vs 2.74), 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.

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