DFVIX vs. QFVOX

Last updated Aug 1, 2026

DFVIX (DFA International Value III Portfolio) and QFVOX (Pear Tree Polaris Foreign Value Fund) are both Foreign Large Cap Equities funds. Over the past 10 years, DFVIX returned 12.83%/yr vs 10.30%/yr for QFVOX. Their 0.73 correlation means they have sometimes moved together and sometimes differently. DFVIX charges 0.24%/yr vs 1.40%/yr for QFVOX.

Performance

DFVIX vs. QFVOX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DFA International Value III Portfolio (DFVIX) and Pear Tree Polaris Foreign Value Fund (QFVOX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DFVIX achieves a 17.22% return, which is significantly lower than QFVOX's 19.24% return. Over the past 10 years, DFVIX has outperformed QFVOX with an annualized return of 12.83%, while QFVOX has yielded a comparatively lower 10.30% annualized return.

DFVIX

• 1D: 2.64%
• 1M: 5.00%
• 6M: 10.51%
• YTD: 17.22%
• 1Y: 38.38%
• 3Y*: 22.79%
• 5Y*: 17.17%
• 10Y*: 12.83%
• ALL TIME*: 8.14%

QFVOX

• 1D: 1.07%
• 1M: 2.04%
• 6M: 10.51%
• YTD: 19.24%
• 1Y: 37.45%
• 3Y*: 18.11%
• 5Y*: 11.46%
• 10Y*: 10.30%
• ALL TIME*: 7.21%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DFVIX DFA International Value III Portfolio	$0.00	$0.00	$0.00
QFVOX Pear Tree Polaris Foreign Value Fund	$0.00	$0.00	$0.00

DFVIX vs. QFVOX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DFVIX DFA International Value III Portfolio	17.22%	44.85%	6.86%	17.89%	-3.41%	23.59%	-1.96%	15.85%	-17.29%	26.23%
QFVOX Pear Tree Polaris Foreign Value Fund	19.24%	33.85%	-0.70%	19.88%	-17.14%	19.44%	2.65%	17.93%	-13.28%	25.24%

Correlation

The correlation between DFVIX and QFVOX is 0.51, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.51
Correlation (3Y) Balances recent behavior with more history.	0.65
Correlation (5Y) Shows whether the relationship held over a longer period.	0.70
Correlation (10Y) Provides a long-term view across more market conditions.	0.73
Correlation (All Time) Calculated using the full available price history since Jan 4, 1999	0.73

Over the past year, the correlation between DFVIX and QFVOX has dropped to 0.51 - well below their long-term average of 0.73, suggesting their price drivers have been diverging.

Return for Risk

DFVIX vs. QFVOX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

DFVIX

DFVIX Risk / Return Rank: 94
DFVIX Sharpe Ratio Rank: 96
DFVIX Sortino Ratio Rank: 93
DFVIX Omega Ratio Rank: 90
DFVIX Calmar Ratio Rank: 94
DFVIX Martin Ratio Rank: 95

QFVOX

QFVOX Risk / Return Rank: 88
QFVOX Sharpe Ratio Rank: 91
QFVOX Sortino Ratio Rank: 87
QFVOX Omega Ratio Rank: 86
QFVOX Calmar Ratio Rank: 88
QFVOX Martin Ratio Rank: 87

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.

DFVIX vs. QFVOX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DFA International Value III Portfolio (DFVIX) and Pear Tree Polaris Foreign Value Fund (QFVOX). 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.

	DFVIX	QFVOX	Difference
Sharpe ratio: Return per unit of total volatility	2.69	2.31	+0.38
Sortino ratio: Return per unit of downside risk	3.66	3.18	+0.48
Omega ratio: Gain probability vs. loss probability	1.48	1.43	+0.05
Calmar ratio: Return relative to maximum drawdown	3.97	3.23	+0.74
Martin ratio: Return relative to average drawdown	15.53	11.47	+4.05

DFVIX vs. QFVOX - Sharpe Ratio Comparison

The current DFVIX Sharpe Ratio is 2.69, which is comparable to the QFVOX Sharpe Ratio of 2.31. The chart below compares the historical Sharpe Ratios of DFVIX and QFVOX, 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

DFVIX vs. QFVOX - Drawdown Comparison

The maximum DFVIX drawdown since its inception was -66.53%, smaller than the maximum QFVOX drawdown of -70.51%. Use the drawdown chart below to compare losses from any high point for DFVIX and QFVOX.

Drawdown Indicators

	DFVIX	QFVOX	Difference
Max Drawdown Largest peak-to-trough decline	-66.53%	-70.51%	+3.98%
Max Drawdown (1Y) Largest decline over 1 year	-9.53%	-11.02%	+1.49%
Max Drawdown (3Y) Largest decline over 3 years	-14.68%	-14.92%	+0.24%
Max Drawdown (5Y) Largest decline over 5 years	-25.26%	-32.90%	+7.64%
Max Drawdown (10Y) Largest decline over 10 years	-47.89%	-45.52%	-2.37%
Current Drawdown Current decline from peak	0.00%	-0.18%	+0.18%
Average Drawdown Average peak-to-trough decline	-12.21%	-15.22%	+3.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.43%	3.11%	-0.68%

Volatility

DFVIX vs. QFVOX - Volatility Comparison

DFA International Value III Portfolio (DFVIX) and Pear Tree Polaris Foreign Value Fund (QFVOX) have volatilities of 4.26% and 4.22%, 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

	DFVIX	QFVOX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.26%	4.22%	+0.04%
Volatility (6M) Calculated over the trailing 6-month period	11.73%	13.83%	-2.10%
Volatility (1Y) Calculated over the trailing 1-year period	14.17%	15.43%	-1.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.43%	15.58%	+0.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.76%	16.37%	+1.39%

DFVIX vs. QFVOX - Expense Ratio Comparison

DFVIX has a 0.24% expense ratio, which is lower than QFVOX's 1.40% expense ratio.

Dividends

DFVIX vs. QFVOX - Dividend Comparison

DFVIX's dividend yield for the trailing twelve months is around 3.69%, less than QFVOX's 4.74% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DFVIX DFA International Value III Portfolio	3.69%	4.09%	4.16%	4.44%	3.82%	7.97%	2.25%	3.53%	6.16%	3.02%	3.43%	5.84%
QFVOX Pear Tree Polaris Foreign Value Fund	4.74%	5.66%	1.95%	1.88%	1.43%	10.11%	1.58%	1.14%	0.98%	0.60%	1.02%	1.58%

Frequently Asked Questions

Can I hold both DFVIX and QFVOX in my portfolio?

DFVIX and QFVOX have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DFVIX or QFVOX?

DFVIX has higher volatility (4.26%) compared to QFVOX (4.22%). In terms of maximum drawdown, DFVIX dropped -66.53% vs QFVOX's -70.51%.

Which has better risk-adjusted returns?

DFVIX currently has the higher Sharpe Ratio (2.69 vs 2.31), 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.