DXUV vs. FAB

Last updated Jun 26, 2026

DXUV (Dimensional US Vector Equity ETF) and FAB (First Trust Multi Cap Value AlphaDEX Fund) are both Mid Cap Value Equities funds. DXUV is actively managed, while FAB is passively managed. Over the past year, DXUV returned 24.78% vs 28.51% for FAB. Their correlation of 0.84 suggests significant overlap in exposure. DXUV charges 0.25%/yr vs 0.64%/yr for FAB.

Performance

DXUV vs. FAB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dimensional US Vector Equity ETF (DXUV) and First Trust Multi Cap Value AlphaDEX Fund (FAB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DXUV achieves a 10.49% return, which is significantly lower than FAB's 14.37% return.

DXUV

• 1D: 0.15%
• 1M: -0.03%
• YTD: 10.49%
• 6M: 8.89%
• 1Y: 24.78%
• 3Y*: —
• 5Y*: —
• 10Y*: —

FAB

• 1D: 0.44%
• 1M: 3.22%
• YTD: 14.37%
• 6M: 13.19%
• 1Y: 28.51%
• 3Y*: 15.84%
• 5Y*: 9.14%
• 10Y*: 11.65%

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

DXUV vs. FAB - Yearly Performance Comparison

	2026 (YTD)	2025	2024
DXUV Dimensional US Vector Equity ETF	10.49%	14.34%	5.03%
FAB First Trust Multi Cap Value AlphaDEX Fund	14.37%	9.86%	3.55%

Correlation

The correlation between DXUV and FAB is 0.80, 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	0.80
Correlation (All Time) Calculated using the full available price history since Sep 12, 2024	0.84

The correlation between DXUV and FAB has been stable across timeframes, ranging from 0.80 to 0.84 - a consistent structural relationship.

DXUV vs. FAB - Sectors Allocation Comparison

Sectors	DXUV	FAB
Technology	26.7%	7.9%
Financial Services	15.6%	23.9%
Industrials	14.4%	12.0%
Consumer Cyclical	11.1%	13.9%
Healthcare	8.4%	7.1%
Communication Services	7.7%	2.7%
Energy	6.4%	8.3%
Consumer Defensive	5.2%	5.9%
Basic Materials	3.7%	3.9%
Utilities	0.5%	6.2%
Real Estate	0.3%	7.7%

Return for Risk

DXUV vs. FAB — Risk / Return Rank

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

DXUV

DXUV Risk / Return Rank: 67
DXUV Sharpe Ratio Rank: 68
DXUV Sortino Ratio Rank: 67
DXUV Omega Ratio Rank: 64
DXUV Calmar Ratio Rank: 67
DXUV Martin Ratio Rank: 72

FAB

FAB Risk / Return Rank: 78
FAB Sharpe Ratio Rank: 74
FAB Sortino Ratio Rank: 80
FAB Omega Ratio Rank: 70
FAB Calmar Ratio Rank: 86
FAB Martin Ratio Rank: 79

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.

DXUV vs. FAB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dimensional US Vector Equity ETF (DXUV) and First Trust Multi Cap Value AlphaDEX Fund (FAB). 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.

	DXUV	FAB	Difference
Sharpe ratio: Return per unit of total volatility	1.92	2.07	-0.15
Sortino ratio: Return per unit of downside risk	2.69	3.13	-0.44
Omega ratio: Gain probability vs. loss probability	1.34	1.37	-0.03
Calmar ratio: Return relative to maximum drawdown	2.92	4.30	-1.39
Martin ratio: Return relative to average drawdown	11.77	13.33	-1.55

DXUV vs. FAB - Sharpe Ratio Comparison

The current DXUV Sharpe Ratio is 1.92, which is comparable to the FAB Sharpe Ratio of 2.07. The chart below compares the historical Sharpe Ratios of DXUV and FAB, 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

DXUV vs. FAB - Drawdown Comparison

The maximum DXUV drawdown since its inception was -21.08%, smaller than the maximum FAB drawdown of -63.29%. Use the drawdown chart below to compare losses from any high point for DXUV and FAB.

Drawdown Indicators

	DXUV	FAB	Difference
Max Drawdown Largest peak-to-trough decline	-21.08%	-63.29%	+42.21%
Max Drawdown (1Y) Largest decline over 1 year	-8.53%	-6.65%	-1.88%
Max Drawdown (3Y) Largest decline over 3 years	—	-22.91%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-22.91%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-47.08%	—
Current Drawdown Current decline from peak	-1.23%	0.00%	-1.23%
Average Drawdown Average peak-to-trough decline	-3.01%	-9.23%	+6.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.11%	2.14%	-0.03%

Volatility

DXUV vs. FAB - Volatility Comparison

Dimensional US Vector Equity ETF (DXUV) has a higher volatility of 4.01% compared to First Trust Multi Cap Value AlphaDEX Fund (FAB) at 3.36%. This indicates that DXUV's price experiences larger fluctuations and is considered to be riskier than FAB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DXUV	FAB	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.01%	3.36%	+0.65%
Volatility (6M) Calculated over the trailing 6-month period	9.51%	8.73%	+0.78%
Volatility (1Y) Calculated over the trailing 1-year period	12.95%	13.83%	-0.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.24%	18.67%	-1.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.24%	22.01%	-4.77%

DXUV vs. FAB - Expense Ratio Comparison

DXUV has a 0.25% expense ratio, which is lower than FAB's 0.64% expense ratio.

Dividends

DXUV vs. FAB - Dividend Comparison

DXUV's dividend yield for the trailing twelve months is around 1.00%, less than FAB's 1.89% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DXUV Dimensional US Vector Equity ETF	1.00%	1.01%	0.37%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FAB First Trust Multi Cap Value AlphaDEX Fund	1.89%	1.57%	2.00%	1.94%	1.80%	1.32%	1.59%	1.75%	1.96%	1.42%	1.40%	1.62%

Frequently Asked Questions

Can I hold both DXUV and FAB in my portfolio?

DXUV and FAB have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DXUV or FAB?

DXUV has higher volatility (4.01%) compared to FAB (3.36%). In terms of maximum drawdown, DXUV dropped -21.08% vs FAB's -63.29%.

Which ETF is better, DXUV or FAB?

On 1-year performance, FAB leads with 28.51% vs 24.78% for DXUV. On fees, DXUV is cheaper at 0.25% per year. On volatility, FAB has been the lower-risk option at 3.36%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DXUV or FAB?

Over the 1-year period, FAB has performed better with a 28.51% return vs 24.78%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DXUV or FAB?

DXUV is cheaper with a 0.25% expense ratio, compared with 0.64% for FAB.

Which ETF pays a higher dividend yield, DXUV or FAB?

FAB has the higher dividend yield at 1.89%, compared with 1.00% for DXUV.

What is the main difference between DXUV and FAB?

They also come from different issuers: Dimensional and First Trust. Their fees differ too: 0.25% for DXUV and 0.64% for FAB.

Which has better risk-adjusted returns?

FAB currently has the higher Sharpe Ratio (2.07 vs 1.92), 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.