IWV vs. DGSIX
IWV (iShares Russell 3000 ETF) and DGSIX (DFA Global Allocation 60/40 Portfolio) are both funds - IWV is a Large Cap Blend Equities fund tracking the Russell 3000 Index, while DGSIX is a Diversified Portfolio fund managed by Dimensional. Over the past 10 years, IWV returned 14.85%/yr vs 8.66%/yr for DGSIX. Their correlation of 0.95 suggests significant overlap in exposure. IWV charges 0.20%/yr vs 0.24%/yr for DGSIX.
Performance
IWV vs. DGSIX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IWV achieves a 11.36% return, which is significantly higher than DGSIX's 7.94% return. Over the past 10 years, IWV has outperformed DGSIX with an annualized return of 14.85%, while DGSIX has yielded a comparatively lower 8.66% annualized return.
IWV
- 1D
- 0.52%
- 1M
- 4.56%
- YTD
- 11.36%
- 6M
- 11.08%
- 1Y
- 28.12%
- 3Y*
- 22.07%
- 5Y*
- 12.64%
- 10Y*
- 14.85%
DGSIX
- 1D
- -0.42%
- 1M
- 2.20%
- YTD
- 7.94%
- 6M
- 8.36%
- 1Y
- 18.70%
- 3Y*
- 14.17%
- 5Y*
- 7.50%
- 10Y*
- 8.66%
IWV vs. DGSIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IWV iShares Russell 3000 ETF | 11.36% | 16.96% | 23.49% | 25.82% | -19.28% | 25.54% | 20.55% | 30.66% | -5.43% | 20.97% |
DGSIX DFA Global Allocation 60/40 Portfolio | 7.94% | 14.06% | 11.31% | 14.59% | -12.10% | 14.24% | 11.58% | 18.17% | -6.41% | 13.11% |
Correlation
The correlation between IWV and DGSIX is 0.95, 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 | 0.95 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.94 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.95 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.95 |
Correlation (All Time) Calculated using the full available price history since Dec 29, 2003 | 0.95 |
The correlation between IWV and DGSIX has been stable across timeframes, ranging from 0.94 to 0.95 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IWV vs. DGSIX — Risk / Return Rank
IWV
DGSIX
IWV vs. DGSIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Russell 3000 ETF (IWV) and DFA Global Allocation 60/40 Portfolio (DGSIX). 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.
| IWV | DGSIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.20 | ||
| Sortino ratioReturn per unit of downside risk | -0.46 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.48 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 3.18 | 3.23 | -0.05 |
| Martin ratioReturn relative to average drawdown | 14.64 | 14.11 | +0.52 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| IWV | DGSIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.33 | 2.53 | -0.20 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.74 | 0.74 | 0.00 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.81 | 0.84 | -0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.45 | 0.63 | -0.18 |
Drawdowns
IWV vs. DGSIX - Drawdown Comparison
The maximum IWV drawdown since its inception was -55.61%, which is greater than DGSIX's maximum drawdown of -41.64%. Use the drawdown chart below to compare losses from any high point for IWV and DGSIX.
Loading charts...
Drawdown Indicators
| IWV | DGSIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.61% | -41.64% | -13.97% |
Max Drawdown (1Y)Largest decline over 1 year | -8.89% | -5.85% | -3.04% |
Max Drawdown (3Y)Largest decline over 3 years | -19.28% | -13.43% | -5.85% |
Max Drawdown (5Y)Largest decline over 5 years | -25.11% | -18.36% | -6.75% |
Max Drawdown (10Y)Largest decline over 10 years | -35.22% | -23.59% | -11.63% |
Current DrawdownCurrent decline from peak | -0.25% | -0.42% | +0.17% |
Average DrawdownAverage peak-to-trough decline | -10.59% | -4.43% | -6.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.93% | 1.33% | +0.60% |
Volatility
IWV vs. DGSIX - Volatility Comparison
iShares Russell 3000 ETF (IWV) has a higher volatility of 2.91% compared to DFA Global Allocation 60/40 Portfolio (DGSIX) at 2.30%. This indicates that IWV's price experiences larger fluctuations and is considered to be riskier than DGSIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IWV | DGSIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.91% | 2.30% | +0.61% |
Volatility (6M)Calculated over the trailing 6-month period | 9.10% | 5.89% | +3.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.11% | 7.48% | +4.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.24% | 10.19% | +7.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.40% | 10.38% | +8.02% |
IWV vs. DGSIX - Expense Ratio Comparison
IWV has a 0.20% expense ratio, which is lower than DGSIX's 0.24% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
IWV vs. DGSIX - Dividend Comparison
IWV's dividend yield for the trailing twelve months is around 0.85%, less than DGSIX's 7.99% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DGSIX DFA Global Allocation 60/40 Portfolio | 7.99% | 8.56% | 7.25% | 5.27% | 4.55% | 5.53% | 3.39% | 2.61% | 3.01% | 1.29% | 1.23% | 1.92% |
IWV iShares Russell 3000 ETF | 0.85% | 0.96% | 1.08% | 1.30% | 1.56% | 1.04% | 1.30% | 1.69% | 1.97% | 1.58% | 1.79% | 1.99% |
Frequently Asked Questions
With a correlation of 0.95, IWV and DGSIX 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.
IWV has higher volatility (2.91%) compared to DGSIX (2.30%). In terms of maximum drawdown, IWV dropped -55.61% vs DGSIX's -41.64%.
DGSIX currently has the higher Sharpe Ratio (2.53 vs 2.33), 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.
Find the right allocation for IWV and DGSIX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer