DSTX vs. DSTL

Last updated Aug 2, 2026

DSTX (Distillate International Fundamental Stability & Value ETF) and DSTL (Distillate U.S. Fundamental Stability & Value ETF) are both exchange-traded funds - DSTX is a Foreign Large Cap Equities fund tracking the Distillate Fundamental Stability & Value Index, while DSTL is a Large Cap Value Equities fund actively managed by Distillate. DSTX is passively managed, while DSTL is actively managed. Over the past 5 years, DSTX returned 8.67%/yr vs 10.39%/yr for DSTL. Their 0.67 correlation means they have sometimes moved together and sometimes differently. DSTX charges 0.55%/yr vs 0.39%/yr for DSTL.

Performance

DSTX vs. DSTL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Distillate International Fundamental Stability & Value ETF (DSTX) and Distillate U.S. Fundamental Stability & Value ETF (DSTL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DSTX achieves a 11.99% return, which is significantly higher than DSTL's 11.38% return.

DSTX

• 1D: -2.07%
• 1M: 5.61%
• 6M: 7.70%
• YTD: 11.99%
• 1Y: 31.10%
• 3Y*: 17.30%
• 5Y*: 8.67%
• 10Y*: —
• ALL TIME*: 8.80%

DSTL

• 1D: -0.37%
• 1M: 5.06%
• 6M: 9.47%
• YTD: 11.38%
• 1Y: 21.28%
• 3Y*: 13.05%
• 5Y*: 10.39%
• 10Y*: —
• ALL TIME*: 14.47%

*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)
DSTL Distillate U.S. Fundamental Stability & Value ETF	$4.23M	$3.71M	$4.59M
DSTX Distillate International Fundamental Stability & Value ETF	$1.46M	$1.21M	$477.10K

DSTX vs. DSTL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
DSTX Distillate International Fundamental Stability & Value ETF	11.99%	41.71%	-0.44%	20.03%	-18.85%	1.78%	2.59%
DSTL Distillate U.S. Fundamental Stability & Value ETF	11.38%	8.71%	12.78%	22.71%	-10.64%	28.87%	2.36%

Correlation

The correlation between DSTX and DSTL is 0.53, 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.	0.53
Correlation (3Y) Balances recent behavior with more history.	0.61
Correlation (5Y) Shows whether the relationship held over a longer period.	0.67
Correlation (All Time) Calculated using the full available price history since Dec 15, 2020	0.67

The correlation between DSTX and DSTL shifts across timeframes, from 0.53 (1 year) to 0.67 (5 years), reflecting how their relationship changes across market environments.

DSTX vs. DSTL - Sectors Allocation Comparison

Sectors	DSTX	DSTL
Technology	17.0%	28.6%
Consumer Cyclical	14.7%	12.4%
Basic Materials	14.3%	0.6%
Industrials	12.0%	13.4%
Healthcare	10.2%	22.6%
Energy	8.6%	5.3%
Communication Services	7.5%	6.0%
Financial Services	5.8%	7.5%
Consumer Defensive	5.6%	2.8%
Utilities	0.7%	1.0%
Real Estate	-	-

Return for Risk

DSTX vs. DSTL — Risk / Return Rank

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

DSTX

DSTX Risk / Return Rank: 75
DSTX Sharpe Ratio Rank: 81
DSTX Sortino Ratio Rank: 78
DSTX Omega Ratio Rank: 80
DSTX Calmar Ratio Rank: 70
DSTX Martin Ratio Rank: 66

DSTL

DSTL Risk / Return Rank: 68
DSTL Sharpe Ratio Rank: 68
DSTL Sortino Ratio Rank: 74
DSTL Omega Ratio Rank: 65
DSTL Calmar Ratio Rank: 71
DSTL Martin Ratio Rank: 60

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.

DSTX vs. DSTL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Distillate International Fundamental Stability & Value ETF (DSTX) and Distillate U.S. Fundamental Stability & Value ETF (DSTL). 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.

	DSTX	DSTL	Difference
Sharpe ratio: Return per unit of total volatility	1.87	1.55	+0.32
Sortino ratio: Return per unit of downside risk	2.53	2.37	+0.15
Omega ratio: Gain probability vs. loss probability	1.34	1.27	+0.06
Calmar ratio: Return relative to maximum drawdown	2.46	2.47	-0.02
Martin ratio: Return relative to average drawdown	8.02	7.12	+0.90

DSTX vs. DSTL - Sharpe Ratio Comparison

The current DSTX Sharpe Ratio is 1.87, which is comparable to the DSTL Sharpe Ratio of 1.55. The chart below compares the historical Sharpe Ratios of DSTX and DSTL, 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

DSTX vs. DSTL - Drawdown Comparison

The maximum DSTX drawdown since its inception was -33.67%, roughly equal to the maximum DSTL drawdown of -33.09%. Use the drawdown chart below to compare losses from any high point for DSTX and DSTL.

Drawdown Indicators

	DSTX	DSTL	Difference
Max Drawdown Largest peak-to-trough decline	-33.67%	-33.09%	-0.58%
Max Drawdown (1Y) Largest decline over 1 year	-12.48%	-8.30%	-4.18%
Max Drawdown (3Y) Largest decline over 3 years	-13.29%	-16.92%	+3.63%
Max Drawdown (5Y) Largest decline over 5 years	-31.95%	-20.10%	-11.85%
Current Drawdown Current decline from peak	-2.07%	-2.50%	+0.43%
Average Drawdown Average peak-to-trough decline	-8.83%	-4.11%	-4.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.81%	2.88%	+0.93%

Volatility

DSTX vs. DSTL - Volatility Comparison

The current volatility for Distillate International Fundamental Stability & Value ETF (DSTX) is 5.15%, while Distillate U.S. Fundamental Stability & Value ETF (DSTL) has a volatility of 6.39%. This indicates that DSTX experiences smaller price fluctuations and is considered to be less risky than DSTL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DSTX	DSTL	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.15%	6.39%	-1.24%
Volatility (6M) Calculated over the trailing 6-month period	13.94%	10.59%	+3.35%
Volatility (1Y) Calculated over the trailing 1-year period	16.39%	13.36%	+3.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.17%	16.00%	+1.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.83%	19.39%	-2.56%

DSTX vs. DSTL - Expense Ratio Comparison

DSTX has a 0.55% expense ratio, which is higher than DSTL's 0.39% expense ratio.

Dividends

DSTX vs. DSTL - Dividend Comparison

DSTX's dividend yield for the trailing twelve months is around 2.88%, more than DSTL's 1.13% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
DSTL Distillate U.S. Fundamental Stability & Value ETF	1.13%	1.31%	1.34%	1.30%	1.35%	1.01%	0.83%	0.97%
DSTX Distillate International Fundamental Stability & Value ETF	2.88%	2.93%	2.41%	1.81%	3.68%	2.24%	0.07%	0.00%

Frequently Asked Questions

Can I hold both DSTX and DSTL in my portfolio?

DSTX and DSTL have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DSTX or DSTL?

DSTL has higher volatility (6.39%) compared to DSTX (5.15%). In terms of maximum drawdown, DSTX dropped -33.67% vs DSTL's -33.09%.

Which ETF is better, DSTX or DSTL?

On 5-year performance, DSTL leads with 10.39% vs 8.67% for DSTX. On fees, DSTL is cheaper at 0.39% per year. On volatility, DSTX has been the lower-risk option at 5.15%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DSTX or DSTL?

Over the 5-year period, DSTL has performed better with a 10.39% return vs 8.67%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DSTX or DSTL?

DSTL is cheaper with a 0.39% expense ratio, compared with 0.55% for DSTX.

Which ETF pays a higher dividend yield, DSTX or DSTL?

DSTX has the higher dividend yield at 2.88%, compared with 1.13% for DSTL.

What is the main difference between DSTX and DSTL?

DSTX is categorized as Foreign Large Cap Equities, while DSTL is Large Cap Value Equities. Their fees differ too: 0.55% for DSTX and 0.39% for DSTL.

Which has better risk-adjusted returns?

DSTX currently has the higher Sharpe Ratio (1.87 vs 1.55), 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.