DISV vs. DFAC

Last updated Jun 4, 2026

DISV (Dimensional International Small Cap Value ETF) and DFAC (Dimensional U.S. Core Equity 2 ETF) are both exchange-traded funds - DISV is a Foreign Small & Mid Cap Equities fund actively managed by Dimensional, while DFAC is a Large Cap Blend Equities fund actively managed by Dimensional. Both are actively managed. Over the past 3 years, DISV returned 24.35%/yr vs 20.56%/yr for DFAC. A 0.72 correlation means they provide meaningful diversification when combined. DISV charges 0.42%/yr vs 0.17%/yr for DFAC.

Performance

DISV vs. DFAC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dimensional International Small Cap Value ETF (DISV) and Dimensional U.S. Core Equity 2 ETF (DFAC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DISV achieves a 10.83% return, which is significantly lower than DFAC's 11.90% return.

DISV

• 1D: -1.06%
• 1M: 3.34%
• YTD: 10.83%
• 6M: 15.28%
• 1Y: 34.34%
• 3Y*: 24.35%
• 5Y*: —
• 10Y*: —

DFAC

• 1D: -0.67%
• 1M: 4.57%
• YTD: 11.90%
• 6M: 12.19%
• 1Y: 28.89%
• 3Y*: 20.56%
• 5Y*: —
• 10Y*: —

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

DISV vs. DFAC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
DISV Dimensional International Small Cap Value ETF	10.83%	47.42%	5.87%	19.52%	-9.72%
DFAC Dimensional U.S. Core Equity 2 ETF	11.90%	15.66%	19.61%	21.96%	-11.10%

Correlation

The correlation between DISV and DFAC is 0.69, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.69
Correlation (3Y) Calculated over the trailing 3-year period	0.67
Correlation (All Time) Calculated using the full available price history since Mar 25, 2022	0.72

The correlation between DISV and DFAC has been stable across timeframes, ranging from 0.67 to 0.72 - a consistent structural relationship.

DISV vs. DFAC - Sectors Allocation Comparison

Sectors	DISV	DFAC
Financial Services	18.6%	14.4%
Basic Materials	18.3%	3.2%
Industrials	18.1%	12.8%
Consumer Cyclical	15.3%	10.7%
Energy	9.2%	5.9%
Consumer Defensive	4.3%	4.9%
Technology	4.1%	28.4%
Communication Services	3.4%	8.4%
Real Estate	3.2%	0.2%
Healthcare	3.0%	9.0%
Utilities	2.6%	1.9%

Return for Risk

DISV vs. DFAC — Risk / Return Rank

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

DISV

DISV Risk / Return Rank: 65
DISV Sharpe Ratio Rank: 72
DISV Sortino Ratio Rank: 71
DISV Omega Ratio Rank: 69
DISV Calmar Ratio Rank: 54
DISV Martin Ratio Rank: 58

DFAC

DFAC Risk / Return Rank: 71
DFAC Sharpe Ratio Rank: 71
DFAC Sortino Ratio Rank: 71
DFAC Omega Ratio Rank: 70
DFAC Calmar Ratio Rank: 68
DFAC Martin Ratio Rank: 77

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.

DISV vs. DFAC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dimensional International Small Cap Value ETF (DISV) and Dimensional U.S. Core Equity 2 ETF (DFAC). 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.

	DISV	DFAC	Difference
Sharpe ratio Return per unit of total volatility	2.39	2.39	0.00
Sortino ratio Return per unit of downside risk	3.28	3.31	-0.03
Omega ratio Gain probability vs. loss probability	1.43	1.43	0.00
Calmar ratio Return relative to maximum drawdown	2.72	3.42	-0.70
Martin ratio Return relative to average drawdown	10.27	15.17	-4.91
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DISV vs. DFAC - Sharpe Ratio Comparison

The current DISV Sharpe Ratio is 2.39, which is comparable to the DFAC Sharpe Ratio of 2.39. The chart below compares the historical Sharpe Ratios of DISV and DFAC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DISV	DFAC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.39	2.39	0.00
Sharpe Ratio (All Time) Calculated using the full available price history	0.93	0.71	+0.22

Drawdowns

DISV vs. DFAC - Drawdown Comparison

The maximum DISV drawdown since its inception was -26.77%, which is greater than DFAC's maximum drawdown of -23.12%. Use the drawdown chart below to compare losses from any high point for DISV and DFAC.

Drawdown Indicators

	DISV	DFAC	Difference
Max Drawdown Largest peak-to-trough decline	-26.77%	-23.12%	-3.65%
Max Drawdown (1Y) Largest decline over 1 year	-12.69%	-8.49%	-4.20%
Max Drawdown (3Y) Largest decline over 3 years	-14.15%	-20.02%	+5.87%
Current Drawdown Current decline from peak	-2.48%	-0.67%	-1.81%
Average Drawdown Average peak-to-trough decline	-4.90%	-5.45%	+0.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.35%	1.91%	+1.44%

Volatility

DISV vs. DFAC - Volatility Comparison

Dimensional International Small Cap Value ETF (DISV) has a higher volatility of 4.16% compared to Dimensional U.S. Core Equity 2 ETF (DFAC) at 3.01%. This indicates that DISV's price experiences larger fluctuations and is considered to be riskier than DFAC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DISV	DFAC	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.16%	3.01%	+1.15%
Volatility (6M) Calculated over the trailing 6-month period	11.69%	8.96%	+2.73%
Volatility (1Y) Calculated over the trailing 1-year period	14.45%	12.15%	+2.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.36%	17.13%	+0.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.36%	17.13%	+0.23%

DISV vs. DFAC - Expense Ratio Comparison

DISV has a 0.42% expense ratio, which is higher than DFAC's 0.17% expense ratio.

Dividends

DISV vs. DFAC - Dividend Comparison

DISV's dividend yield for the trailing twelve months is around 2.39%, more than DFAC's 0.91% yield.

Position	TTM	2025	2024	2023	2022	2021
DFAC Dimensional U.S. Core Equity 2 ETF	0.91%	0.97%	1.03%	1.20%	1.50%	0.88%
DISV Dimensional International Small Cap Value ETF	2.39%	2.69%	2.77%	2.73%	1.23%	0.00%

Frequently Asked Questions

Can I hold both DISV and DFAC in my portfolio?

DISV and DFAC have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DISV or DFAC?

DISV has higher volatility (4.16%) compared to DFAC (3.01%). In terms of maximum drawdown, DISV dropped -26.77% vs DFAC's -23.12%.

Which ETF is better, DISV or DFAC?

On 3-year performance, DISV leads with 24.35% vs 20.56% for DFAC. On fees, DFAC is cheaper at 0.17% per year. On volatility, DFAC has been the lower-risk option at 3.01%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DISV or DFAC?

Over the 3-year period, DISV has performed better with a 24.35% return vs 20.56%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DISV or DFAC?

DFAC is cheaper with a 0.17% expense ratio, compared with 0.42% for DISV.

Which ETF pays a higher dividend yield, DISV or DFAC?

DISV has the higher dividend yield at 2.39%, compared with 0.91% for DFAC.

What is the main difference between DISV and DFAC?

DISV is categorized as Foreign Small & Mid Cap Equities, while DFAC is Large Cap Blend Equities. Their fees differ too: 0.42% for DISV and 0.17% for DFAC.

Which has better risk-adjusted returns?

DISV currently has the higher Sharpe Ratio (2.39 vs 2.39), 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.