DFVX vs. AVLC

Last updated Aug 2, 2026

DFVX (Dimensional US Large Cap Vector ETF) and AVLC (Avantis U.S. Large Cap Equity ETF) are both exchange-traded funds - DFVX is a Large Cap Value Equities fund actively managed by Dimensional, while AVLC is a Large Cap Blend Equities fund actively managed by Avantis. Both are actively managed. Over the past year, DFVX returned 23.19% vs 25.88% for AVLC. Their correlation of 0.94 means they have usually moved in the same direction. DFVX charges 0.22%/yr vs 0.15%/yr for AVLC.

Performance

DFVX vs. AVLC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dimensional US Large Cap Vector ETF (DFVX) and Avantis U.S. Large Cap Equity ETF (AVLC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with DFVX having a 13.39% return and AVLC slightly higher at 13.99%.

DFVX

• 1D: 1.45%
• 1M: 1.68%
• 6M: 8.85%
• YTD: 13.39%
• 1Y: 23.19%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 21.51%

AVLC

• 1D: 0.46%
• 1M: 0.03%
• 6M: 10.58%
• YTD: 13.99%
• 1Y: 25.88%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 23.95%

*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)
AVLC Avantis U.S. Large Cap Equity ETF	$6.08M	$5.55M	$6.35M
DFVX Dimensional US Large Cap Vector ETF	$902.16K	$893.51K	$912.47K

DFVX vs. AVLC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
DFVX Dimensional US Large Cap Vector ETF	13.39%	15.35%	17.72%	10.84%
AVLC Avantis U.S. Large Cap Equity ETF	13.99%	17.57%	22.82%	13.69%

Correlation

The correlation between DFVX and AVLC is 0.92, 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.	0.92
Correlation (All Time) Calculated using the full available price history since Nov 2, 2023	0.94

The correlation between DFVX and AVLC has been stable across timeframes, ranging from 0.92 to 0.94 - a consistent structural relationship.

DFVX vs. AVLC - Sectors Allocation Comparison

Sectors	DFVX	AVLC
Technology	17.4%	33.9%
Industrials	14.5%	11.7%
Financial Services	13.7%	13.7%
Communication Services	13.1%	7.8%
Consumer Cyclical	10.9%	10.2%
Healthcare	10.9%	7.5%
Energy	7.9%	6.2%
Consumer Defensive	7.4%	4.4%
Basic Materials	3.6%	2.2%
Utilities	0.4%	2.3%
Real Estate	0.1%	0.1%

Return for Risk

DFVX vs. AVLC — Risk / Return Rank

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

DFVX

DFVX Risk / Return Rank: 82
DFVX Sharpe Ratio Rank: 82
DFVX Sortino Ratio Rank: 80
DFVX Omega Ratio Rank: 81
DFVX Calmar Ratio Rank: 81
DFVX Martin Ratio Rank: 87

AVLC

AVLC Risk / Return Rank: 80
AVLC Sharpe Ratio Rank: 78
AVLC Sortino Ratio Rank: 76
AVLC Omega Ratio Rank: 75
AVLC Calmar Ratio Rank: 81
AVLC Martin Ratio Rank: 88

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.

DFVX vs. AVLC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dimensional US Large Cap Vector ETF (DFVX) and Avantis U.S. Large Cap Equity ETF (AVLC). 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.

	DFVX	AVLC	Difference
Sharpe ratio: Return per unit of total volatility	1.88	1.77	+0.11
Sortino ratio: Return per unit of downside risk	2.62	2.44	+0.17
Omega ratio: Gain probability vs. loss probability	1.34	1.31	+0.03
Calmar ratio: Return relative to maximum drawdown	2.96	2.98	-0.02
Martin ratio: Return relative to average drawdown	12.70	13.00	-0.31

DFVX vs. AVLC - Sharpe Ratio Comparison

The current DFVX Sharpe Ratio is 1.88, which is comparable to the AVLC Sharpe Ratio of 1.77. The chart below compares the historical Sharpe Ratios of DFVX and AVLC, 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

DFVX vs. AVLC - Drawdown Comparison

The maximum DFVX drawdown since its inception was -16.71%, smaller than the maximum AVLC drawdown of -19.64%. Use the drawdown chart below to compare losses from any high point for DFVX and AVLC.

Drawdown Indicators

	DFVX	AVLC	Difference
Max Drawdown Largest peak-to-trough decline	-16.71%	-19.64%	+2.93%
Max Drawdown (1Y) Largest decline over 1 year	-7.17%	-8.00%	+0.83%
Current Drawdown Current decline from peak	0.00%	-1.14%	+1.14%
Average Drawdown Average peak-to-trough decline	-1.74%	-1.94%	+0.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.68%	1.83%	-0.15%

Volatility

DFVX vs. AVLC - Volatility Comparison

The current volatility for Dimensional US Large Cap Vector ETF (DFVX) is 3.07%, while Avantis U.S. Large Cap Equity ETF (AVLC) has a volatility of 3.58%. This indicates that DFVX experiences smaller price fluctuations and is considered to be less risky than AVLC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DFVX	AVLC	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.07%	3.58%	-0.51%
Volatility (6M) Calculated over the trailing 6-month period	8.61%	10.46%	-1.85%
Volatility (1Y) Calculated over the trailing 1-year period	11.31%	13.45%	-2.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.58%	15.68%	-2.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.58%	15.68%	-2.10%

DFVX vs. AVLC - Expense Ratio Comparison

DFVX has a 0.22% expense ratio, which is higher than AVLC's 0.15% 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

DFVX vs. AVLC - Dividend Comparison

DFVX's dividend yield for the trailing twelve months is around 1.14%, more than AVLC's 0.82% yield.

Position	TTM	2025	2024	2023
AVLC Avantis U.S. Large Cap Equity ETF	0.82%	0.92%	1.09%	0.38%
DFVX Dimensional US Large Cap Vector ETF	1.14%	1.21%	1.22%	0.32%

Frequently Asked Questions

Can I hold both DFVX and AVLC in my portfolio?

With a correlation of 0.92, DFVX and AVLC 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, DFVX or AVLC?

AVLC has higher volatility (3.58%) compared to DFVX (3.07%). In terms of maximum drawdown, DFVX dropped -16.71% vs AVLC's -19.64%.

Which ETF is better, DFVX or AVLC?

On 1-year performance, AVLC leads with 25.88% vs 23.19% for DFVX. On fees, AVLC is cheaper at 0.15% per year. On volatility, DFVX has been the lower-risk option at 3.07%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DFVX or AVLC?

Over the 1-year period, AVLC has performed better with a 25.88% return vs 23.19%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DFVX or AVLC?

AVLC is cheaper with a 0.15% expense ratio, compared with 0.22% for DFVX.

Which ETF pays a higher dividend yield, DFVX or AVLC?

DFVX has the higher dividend yield at 1.14%, compared with 0.82% for AVLC.

What is the main difference between DFVX and AVLC?

DFVX is categorized as Large Cap Value Equities, while AVLC is Large Cap Blend Equities. They also come from different issuers: Dimensional and Avantis. Their fees differ too: 0.22% for DFVX and 0.15% for AVLC.

Which has better risk-adjusted returns?

DFVX currently has the higher Sharpe Ratio (1.88 vs 1.77), 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.