DFWIX vs. DFAX
Compare and contrast key facts about DFA World ex U.S. Core Equity Portfolio (DFWIX) and Dimensional World ex US Core Equity 2 ETF (DFAX).
DFWIX is managed by Dimensional Fund Advisors LP. It was launched on Apr 9, 2013. DFAX is a passively managed fund by Dimensional Fund Advisors LP that tracks the performance of the MSCI All Country World ex USA Index. It was launched on Mar 6, 2008.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DFWIX or DFAX.
Correlation
The correlation between DFWIX and DFAX is 0.98, 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
DFWIX vs. DFAX - Performance Comparison
Key characteristics
DFWIX:
0.51
DFAX:
0.54
DFWIX:
0.77
DFAX:
0.81
DFWIX:
1.09
DFAX:
1.10
DFWIX:
0.65
DFAX:
0.76
DFWIX:
1.99
DFAX:
2.24
DFWIX:
3.06%
DFAX:
3.07%
DFWIX:
11.87%
DFAX:
12.77%
DFWIX:
-41.80%
DFAX:
-28.15%
DFWIX:
-9.15%
DFAX:
-8.85%
Returns By Period
In the year-to-date period, DFWIX achieves a 2.94% return, which is significantly lower than DFAX's 3.70% return.
DFWIX
2.94%
-2.33%
-1.61%
4.48%
5.10%
5.32%
DFAX
3.70%
-2.17%
-1.18%
5.03%
N/A
N/A
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DFWIX vs. DFAX - Expense Ratio Comparison
DFWIX has a 0.31% expense ratio, which is higher than DFAX's 0.30% expense ratio.
Risk-Adjusted Performance
DFWIX vs. DFAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for DFA World ex U.S. Core Equity Portfolio (DFWIX) and Dimensional World ex US Core Equity 2 ETF (DFAX). 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
DFWIX vs. DFAX - Dividend Comparison
DFWIX's dividend yield for the trailing twelve months is around 2.25%, more than DFAX's 2.04% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DFWIX DFA World ex U.S. Core Equity Portfolio | 2.25% | 3.36% | 3.11% | 2.88% | 1.81% | 2.36% | 2.97% | 2.36% | 2.59% | 2.31% | 2.41% | 2.19% |
DFAX Dimensional World ex US Core Equity 2 ETF | 2.04% | 3.01% | 3.30% | 1.40% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
DFWIX vs. DFAX - Drawdown Comparison
The maximum DFWIX drawdown since its inception was -41.80%, which is greater than DFAX's maximum drawdown of -28.15%. Use the drawdown chart below to compare losses from any high point for DFWIX and DFAX. For additional features, visit the drawdowns tool.
Volatility
DFWIX vs. DFAX - Volatility Comparison
The current volatility for DFA World ex U.S. Core Equity Portfolio (DFWIX) is 3.16%, while Dimensional World ex US Core Equity 2 ETF (DFAX) has a volatility of 3.58%. This indicates that DFWIX experiences smaller price fluctuations and is considered to be less risky than DFAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.