DXIV vs. DFMC

Last updated Jun 24, 2026

DXIV (Dimensional International Vector Equity ETF) and DFMC (Dimensional US Micro Cap Portfolio ETF) are both exchange-traded funds - DXIV is a Foreign Small & Mid Cap Equities fund actively managed by Dimensional Fund Advisors, while DFMC is a Small Cap Blend Equities fund actively managed by Dimensional Fund Advisors. Both are actively managed. A 0.74 correlation means they provide meaningful diversification when combined. DXIV charges 0.30%/yr vs 0.41%/yr for DFMC.

Performance

DXIV vs. DFMC - Performance Comparison

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

Returns By Period

DXIV

• 1D: -2.70%
• 1M: -2.87%
• YTD: 7.60%
• 6M: 7.42%
• 1Y: 25.98%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DFMC

• 1D: 0.05%
• 1M: 5.04%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DXIV vs. DFMC - Yearly Performance Comparison

	2026 (YTD)
DXIV Dimensional International Vector Equity ETF	7.43%
DFMC Dimensional US Micro Cap Portfolio ETF	17.63%

Correlation

The correlation between DXIV and DFMC is 0.74, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 23, 2026	0.74

Return for Risk

DXIV vs. DFMC — Risk / Return Rank

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

DXIV

DXIV Risk / Return Rank: 57
DXIV Sharpe Ratio Rank: 59
DXIV Sortino Ratio Rank: 57
DXIV Omega Ratio Rank: 58
DXIV Calmar Ratio Rank: 52
DXIV Martin Ratio Rank: 57

DFMC

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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. DFMC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dimensional International Vector Equity ETF (DXIV) and Dimensional US Micro Cap Portfolio ETF (DFMC). 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	DFMC	Difference
Sharpe ratio: Return per unit of total volatility	1.85	—	—
Sortino ratio: Return per unit of downside risk	2.53	—	—
Omega ratio: Gain probability vs. loss probability	1.34	—	—
Calmar ratio: Return relative to maximum drawdown	2.41	—	—
Martin ratio: Return relative to average drawdown	9.38	—	—

Drawdowns

DXIV vs. DFMC - Drawdown Comparison

The maximum DXIV drawdown since its inception was -13.71%, which is greater than DFMC's maximum drawdown of -4.29%. Use the drawdown chart below to compare losses from any high point for DXIV and DFMC.

Drawdown Indicators

	DXIV	DFMC	Difference
Max Drawdown Largest peak-to-trough decline	-13.71%	-4.29%	-9.42%
Max Drawdown (1Y) Largest decline over 1 year	-10.84%	—	—
Current Drawdown Current decline from peak	-4.22%	0.00%	-4.22%
Average Drawdown Average peak-to-trough decline	-2.45%	-0.74%	-1.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.78%	—	—

Volatility

Volatility by Period

	DXIV	DFMC	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.98%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.93%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	14.12%	16.18%	-2.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.56%	16.18%	-0.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.56%	16.18%	-0.62%

DXIV vs. DFMC - Expense Ratio Comparison

DXIV has a 0.30% expense ratio, which is lower than DFMC's 0.41% expense ratio.

Dividends

DXIV vs. DFMC - Dividend Comparison

DXIV's dividend yield for the trailing twelve months is around 2.36%, while DFMC has not paid dividends to shareholders.

Position	TTM	2025	2024
DFMC Dimensional US Micro Cap Portfolio ETF	0.00%	0.00%	0.00%
DXIV Dimensional International Vector Equity ETF	2.36%	2.50%	0.64%

Frequently Asked Questions

Can I hold both DXIV and DFMC in my portfolio?

DXIV and DFMC have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DXIV or DFMC?

On fees, DXIV is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DXIV or DFMC?

DXIV is cheaper with a 0.30% expense ratio, compared with 0.41% for DFMC.

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

DXIV has the higher dividend yield at 2.36%, compared with 0.00% for DFMC.

What is the main difference between DXIV and DFMC?

DXIV is categorized as Foreign Small & Mid Cap Equities, while DFMC is Small Cap Blend Equities. Their fees differ too: 0.30% for DXIV and 0.41% for DFMC.