DXIV vs. DFIV

Last updated Jun 23, 2026

DXIV (Dimensional International Vector Equity ETF) and DFIV (Dimensional International Value ETF) are both exchange-traded funds - DXIV is a Foreign Small & Mid Cap Equities fund actively managed by Dimensional Fund Advisors, while DFIV is a Foreign Large Cap Equities fund actively managed by Dimensional. Both are actively managed. Over the past year, DXIV returned 30.37% vs 35.09% for DFIV. Their correlation of 0.93 suggests significant overlap in exposure. DXIV charges 0.30%/yr vs 0.27%/yr for DFIV.

Performance

DXIV vs. DFIV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dimensional International Vector Equity ETF (DXIV) and Dimensional International Value ETF (DFIV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DXIV achieves a 10.58% return, which is significantly lower than DFIV's 11.48% return.

DXIV

• 1D: 0.17%
• 1M: -0.18%
• YTD: 10.58%
• 6M: 11.06%
• 1Y: 30.37%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DFIV

• 1D: 0.36%
• 1M: -0.05%
• YTD: 11.48%
• 6M: 11.84%
• 1Y: 35.09%
• 3Y*: 23.86%
• 5Y*: —
• 10Y*: —

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

DXIV vs. DFIV - Yearly Performance Comparison

	2026 (YTD)	2025	2024
DXIV Dimensional International Vector Equity ETF	10.58%	39.12%	-3.78%
DFIV Dimensional International Value ETF	11.48%	45.36%	-2.28%

Correlation

The correlation between DXIV and DFIV is 0.93, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.93
Correlation (All Time) Calculated using the full available price history since Sep 12, 2024	0.93

The correlation between DXIV and DFIV has been stable across timeframes, ranging from 0.93 to 0.93 - a consistent structural relationship.

DXIV vs. DFIV - Sectors Allocation Comparison

Sectors	DXIV	DFIV
Industrials	19.1%	9.8%
Financial Services	17.4%	32.4%
Basic Materials	13.1%	11.4%
Consumer Cyclical	11.6%	10.0%
Energy	8.8%	15.3%
Technology	8.1%	3.2%
Healthcare	6.4%	4.9%
Consumer Defensive	6.1%	4.9%
Communication Services	5.5%	4.3%
Utilities	2.4%	2.2%
Real Estate	1.4%	1.7%

Return for Risk

DXIV vs. DFIV — Risk / Return Rank

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

DXIV

DXIV Risk / Return Rank: 66
DXIV Sharpe Ratio Rank: 71
DXIV Sortino Ratio Rank: 68
DXIV Omega Ratio Rank: 70
DXIV Calmar Ratio Rank: 58
DXIV Martin Ratio Rank: 63

DFIV

DFIV Risk / Return Rank: 78
DFIV Sharpe Ratio Rank: 82
DFIV Sortino Ratio Rank: 81
DFIV Omega Ratio Rank: 80
DFIV Calmar Ratio Rank: 74
DFIV Martin Ratio Rank: 76

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.

DXIV vs. DFIV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dimensional International Vector Equity ETF (DXIV) and Dimensional International Value ETF (DFIV). 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.

	DXIV	DFIV	Difference
Sharpe ratio: Return per unit of total volatility	2.20	2.51	-0.31
Sortino ratio: Return per unit of downside risk	3.00	3.42	-0.41
Omega ratio: Gain probability vs. loss probability	1.40	1.45	-0.05
Calmar ratio: Return relative to maximum drawdown	2.81	3.65	-0.84
Martin ratio: Return relative to average drawdown	11.02	14.00	-2.98

DXIV vs. DFIV - Sharpe Ratio Comparison

The current DXIV Sharpe Ratio is 2.20, which is comparable to the DFIV Sharpe Ratio of 2.51. The chart below compares the historical Sharpe Ratios of DXIV and DFIV, 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

DXIV vs. DFIV - Drawdown Comparison

The maximum DXIV drawdown since its inception was -13.71%, smaller than the maximum DFIV drawdown of -25.42%. Use the drawdown chart below to compare losses from any high point for DXIV and DFIV.

Drawdown Indicators

	DXIV	DFIV	Difference
Max Drawdown Largest peak-to-trough decline	-13.71%	-25.42%	+11.71%
Max Drawdown (1Y) Largest decline over 1 year	-10.84%	-9.66%	-1.18%
Max Drawdown (3Y) Largest decline over 3 years	—	-14.72%	—
Current Drawdown Current decline from peak	-1.57%	-1.07%	-0.50%
Average Drawdown Average peak-to-trough decline	-2.45%	-4.45%	+2.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.76%	2.51%	+0.25%

Volatility

DXIV vs. DFIV - Volatility Comparison

Dimensional International Vector Equity ETF (DXIV) and Dimensional International Value ETF (DFIV) have volatilities of 4.18% and 4.14%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DXIV	DFIV	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.18%	4.14%	+0.04%
Volatility (6M) Calculated over the trailing 6-month period	11.60%	11.44%	+0.16%
Volatility (1Y) Calculated over the trailing 1-year period	13.87%	14.06%	-0.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.43%	16.63%	-1.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.43%	16.63%	-1.20%

DXIV vs. DFIV - Expense Ratio Comparison

DXIV has a 0.30% expense ratio, which is higher than DFIV's 0.27% expense ratio.

Dividends

DXIV vs. DFIV - Dividend Comparison

DXIV's dividend yield for the trailing twelve months is around 2.30%, less than DFIV's 2.55% yield.

Position	TTM	2025	2024	2023	2022	2021
DFIV Dimensional International Value ETF	2.55%	2.92%	3.88%	3.93%	3.84%	2.30%
DXIV Dimensional International Vector Equity ETF	2.30%	2.50%	0.64%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DXIV and DFIV in my portfolio?

With a correlation of 0.93, DXIV and DFIV 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, DXIV or DFIV?

DXIV has higher volatility (4.18%) compared to DFIV (4.14%). In terms of maximum drawdown, DXIV dropped -13.71% vs DFIV's -25.42%.

Which ETF is better, DXIV or DFIV?

On 1-year performance, DFIV leads with 35.09% vs 30.37% for DXIV. On fees, DFIV is cheaper at 0.27% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DXIV or DFIV?

Over the 1-year period, DFIV has performed better with a 35.09% return vs 30.37%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DXIV or DFIV?

DFIV is cheaper with a 0.27% expense ratio, compared with 0.30% for DXIV.

Which ETF pays a higher dividend yield, DXIV or DFIV?

DFIV has the higher dividend yield at 2.55%, compared with 2.30% for DXIV.

What is the main difference between DXIV and DFIV?

DXIV is categorized as Foreign Small & Mid Cap Equities, while DFIV is Foreign Large Cap Equities. They also come from different issuers: Dimensional Fund Advisors and Dimensional. Their fees differ too: 0.30% for DXIV and 0.27% for DFIV.

Which has better risk-adjusted returns?

DFIV currently has the higher Sharpe Ratio (2.51 vs 2.20), 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.