DGSIX vs. IWV
Compare and contrast key facts about DFA Global Allocation 60/40 Portfolio (DGSIX) and iShares Russell 3000 ETF (IWV).
DGSIX is managed by Dimensional Fund Advisors LP. It was launched on Dec 23, 2003. IWV is a passively managed fund by iShares that tracks the performance of the Russell 3000 Index. It was launched on May 22, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DGSIX or IWV.
Key characteristics
| DGSIX | IWV | |
|---|---|---|
| YTD Return | 12.56% | 25.11% |
| 1Y Return | 18.60% | 33.93% |
| 3Y Return (Ann) | 4.34% | 8.48% |
| 5Y Return (Ann) | 8.05% | 14.86% |
| 10Y Return (Ann) | 6.86% | 12.68% |
| Sharpe Ratio | 2.58 | 2.74 |
| Sortino Ratio | 3.68 | 3.66 |
| Omega Ratio | 1.49 | 1.50 |
| Calmar Ratio | 3.86 | 4.07 |
| Martin Ratio | 17.33 | 17.77 |
| Ulcer Index | 1.08% | 1.92% |
| Daily Std Dev | 7.25% | 12.46% |
| Max Drawdown | -38.20% | -55.61% |
| Current Drawdown | -0.97% | -1.14% |
Correlation
The correlation between DGSIX and IWV is 0.95, 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
DGSIX vs. IWV - Performance Comparison
In the year-to-date period, DGSIX achieves a 12.56% return, which is significantly lower than IWV's 25.11% return. Over the past 10 years, DGSIX has underperformed IWV with an annualized return of 6.86%, while IWV has yielded a comparatively higher 12.68% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
DGSIX vs. IWV - Expense Ratio Comparison
DGSIX has a 0.24% expense ratio, which is higher than IWV'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%.
Risk-Adjusted Performance
DGSIX vs. IWV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for DFA Global Allocation 60/40 Portfolio (DGSIX) and iShares Russell 3000 ETF (IWV). 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
DGSIX vs. IWV - Dividend Comparison
DGSIX's dividend yield for the trailing twelve months is around 2.52%, more than IWV's 1.08% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DGSIX DFA Global Allocation 60/40 Portfolio | 2.52% | 2.55% | 1.69% | 1.69% | 1.20% | 1.94% | 2.60% | 1.82% | 1.88% | 1.92% | 1.98% | 1.62% |
IWV iShares Russell 3000 ETF | 1.08% | 1.30% | 1.56% | 1.04% | 1.30% | 1.69% | 1.97% | 1.58% | 1.79% | 1.99% | 1.62% | 1.61% |
Drawdowns
DGSIX vs. IWV - Drawdown Comparison
The maximum DGSIX drawdown since its inception was -38.20%, smaller than the maximum IWV drawdown of -55.61%. Use the drawdown chart below to compare losses from any high point for DGSIX and IWV. For additional features, visit the drawdowns tool.
Volatility
DGSIX vs. IWV - Volatility Comparison
The current volatility for DFA Global Allocation 60/40 Portfolio (DGSIX) is 2.09%, while iShares Russell 3000 ETF (IWV) has a volatility of 4.07%. This indicates that DGSIX experiences smaller price fluctuations and is considered to be less risky than IWV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.