DFUVX vs. TILVX

Last updated Jun 24, 2026

DFUVX (DFA U.S. Large Cap Value III Portfolio) and TILVX (TIAA-CREF Large-Cap Value Index Fund) are both Large Cap Value Equities funds. Over the past 10 years, DFUVX returned 11.73%/yr vs 11.60%/yr for TILVX. With a 0.97 correlation, they move nearly in lockstep. DFUVX charges 0.14%/yr vs 0.05%/yr for TILVX.

Performance

DFUVX vs. TILVX - Performance Comparison

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

Returns By Period

The year-to-date returns for both stocks are quite close, with DFUVX having a 16.69% return and TILVX slightly lower at 16.65%. Both investments have delivered pretty close results over the past 10 years, with DFUVX having a 11.73% annualized return and TILVX not far behind at 11.60%.

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%

TILVX

• 1D: 0.55%
• 1M: 3.39%
• YTD: 16.65%
• 6M: 15.91%
• 1Y: 29.67%
• 3Y*: 18.97%
• 5Y*: 11.40%
• 10Y*: 11.60%

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

DFUVX vs. TILVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
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%
TILVX TIAA-CREF Large-Cap Value Index Fund	16.65%	15.81%	14.26%	11.49%	-7.57%	25.05%	2.90%	26.48%	-8.38%	10.93%

Correlation

The correlation between DFUVX and TILVX is 0.93, 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	0.93
Correlation (3Y) Calculated over the trailing 3-year period	0.96
Correlation (5Y) Calculated over the trailing 5-year period	0.96
Correlation (10Y) Calculated over the trailing 10-year period	0.97
Correlation (All Time) Calculated using the full available price history since Sep 30, 2002	0.97

The correlation between DFUVX and TILVX has been stable across timeframes, ranging from 0.93 to 0.97 - a consistent structural relationship.

Return for Risk

DFUVX vs. TILVX — Risk / Return Rank

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

DFUVX

DFUVX Risk / Return Rank: 92
DFUVX Sharpe Ratio Rank: 93
DFUVX Sortino Ratio Rank: 90
DFUVX Omega Ratio Rank: 84
DFUVX Calmar Ratio Rank: 96
DFUVX Martin Ratio Rank: 95

TILVX

TILVX Risk / Return Rank: 89
TILVX Sharpe Ratio Rank: 90
TILVX Sortino Ratio Rank: 87
TILVX Omega Ratio Rank: 81
TILVX Calmar Ratio Rank: 91
TILVX Martin Ratio Rank: 94

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.

DFUVX vs. TILVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DFA U.S. Large Cap Value III Portfolio (DFUVX) and TIAA-CREF Large-Cap Value Index Fund (TILVX). 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.

	DFUVX	TILVX	Difference
Sharpe ratio: Return per unit of total volatility	2.93	2.75	+0.19
Sortino ratio: Return per unit of downside risk	4.09	3.83	+0.26
Omega ratio: Gain probability vs. loss probability	1.51	1.49	+0.02
Calmar ratio: Return relative to maximum drawdown	5.70	4.56	+1.15
Martin ratio: Return relative to average drawdown	20.67	18.92	+1.75

DFUVX vs. TILVX - Sharpe Ratio Comparison

The current DFUVX Sharpe Ratio is 2.93, which is comparable to the TILVX Sharpe Ratio of 2.75. The chart below compares the historical Sharpe Ratios of DFUVX and TILVX, 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

DFUVX vs. TILVX - Drawdown Comparison

The maximum DFUVX drawdown since its inception was -65.60%, which is greater than TILVX's maximum drawdown of -60.05%. Use the drawdown chart below to compare losses from any high point for DFUVX and TILVX.

Drawdown Indicators

	DFUVX	TILVX	Difference
Max Drawdown Largest peak-to-trough decline	-65.60%	-60.05%	-5.55%
Max Drawdown (1Y) Largest decline over 1 year	-5.85%	-6.80%	+0.95%
Max Drawdown (3Y) Largest decline over 3 years	-17.04%	-15.58%	-1.46%
Max Drawdown (5Y) Largest decline over 5 years	-20.33%	-19.00%	-1.33%
Max Drawdown (10Y) Largest decline over 10 years	-41.76%	-40.15%	-1.61%
Current Drawdown Current decline from peak	-0.47%	-0.09%	-0.38%
Average Drawdown Average peak-to-trough decline	-9.83%	-8.25%	-1.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.60%	1.63%	-0.03%

Volatility

DFUVX vs. TILVX - Volatility Comparison

DFA U.S. Large Cap Value III Portfolio (DFUVX) and TIAA-CREF Large-Cap Value Index Fund (TILVX) have volatilities of 3.76% and 3.95%, 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.

Volatility by Period

	DFUVX	TILVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.76%	3.95%	-0.19%
Volatility (6M) Calculated over the trailing 6-month period	8.48%	8.68%	-0.20%
Volatility (1Y) Calculated over the trailing 1-year period	11.39%	11.30%	+0.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.93%	14.86%	+1.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.42%	17.69%	+0.73%

DFUVX vs. TILVX - Expense Ratio Comparison

DFUVX has a 0.14% expense ratio, which is higher than TILVX's 0.05% 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

DFUVX vs. TILVX - Dividend Comparison

DFUVX's dividend yield for the trailing twelve months is around 1.50%, less than TILVX's 5.11% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
TILVX TIAA-CREF Large-Cap Value Index Fund	5.11%	5.96%	3.04%	4.90%	4.57%	3.77%	2.26%	7.05%	4.68%	2.01%	3.14%	4.24%

Frequently Asked Questions

Can I hold both DFUVX and TILVX in my portfolio?

With a correlation of 0.93, DFUVX and TILVX 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.

Which is riskier, DFUVX or TILVX?

TILVX has higher volatility (3.95%) compared to DFUVX (3.76%). In terms of maximum drawdown, DFUVX dropped -65.60% vs TILVX's -60.05%.

Which has better risk-adjusted returns?

DFUVX currently has the higher Sharpe Ratio (2.93 vs 2.75), 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.