SVPIX vs. DFSV

Last updated Jun 23, 2026

SVPIX (ProFunds Small Cap Value Fund) and DFSV (Dimensional US Small Cap Value ETF) are both Small Cap Value Equities funds. Over the past 3 years, SVPIX returned 11.64%/yr vs 17.37%/yr for DFSV. With a 0.97 correlation, they move nearly in lockstep. SVPIX charges 1.61%/yr vs 0.31%/yr for DFSV.

Performance

SVPIX vs. DFSV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProFunds Small Cap Value Fund (SVPIX) and Dimensional US Small Cap Value ETF (DFSV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with SVPIX having a 16.58% return and DFSV slightly higher at 16.63%.

SVPIX

• 1D: 1.62%
• 1M: 3.28%
• YTD: 16.58%
• 6M: 14.49%
• 1Y: 36.76%
• 3Y*: 11.64%
• 5Y*: 5.04%
• 10Y*: 8.33%

DFSV

• 1D: 0.24%
• 1M: 2.16%
• YTD: 16.63%
• 6M: 14.57%
• 1Y: 34.93%
• 3Y*: 17.37%
• 5Y*: —
• 10Y*: —

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

SVPIX vs. DFSV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
SVPIX ProFunds Small Cap Value Fund	16.58%	4.52%	4.54%	12.43%	-7.23%
DFSV Dimensional US Small Cap Value ETF	16.63%	8.59%	7.13%	19.26%	2.68%

Correlation

The correlation between SVPIX and DFSV is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.96
Correlation (3Y) Calculated over the trailing 3-year period	0.96
Correlation (All Time) Calculated using the full available price history since Feb 24, 2022	0.97

The correlation between SVPIX and DFSV has been stable across timeframes, ranging from 0.96 to 0.97 - a consistent structural relationship.

Return for Risk

SVPIX vs. DFSV — Risk / Return Rank

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

SVPIX

SVPIX Risk / Return Rank: 63
SVPIX Sharpe Ratio Rank: 54
SVPIX Sortino Ratio Rank: 56
SVPIX Omega Ratio Rank: 47
SVPIX Calmar Ratio Rank: 86
SVPIX Martin Ratio Rank: 71

DFSV

DFSV Risk / Return Rank: 66
DFSV Sharpe Ratio Rank: 62
DFSV Sortino Ratio Rank: 65
DFSV Omega Ratio Rank: 59
DFSV Calmar Ratio Rank: 76
DFSV Martin Ratio Rank: 67

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.

SVPIX vs. DFSV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProFunds Small Cap Value Fund (SVPIX) and Dimensional US Small Cap Value ETF (DFSV). 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.

	SVPIX	DFSV	Difference
Sharpe ratio: Return per unit of total volatility	2.01	1.99	+0.01
Sortino ratio: Return per unit of downside risk	2.88	2.89	-0.01
Omega ratio: Gain probability vs. loss probability	1.34	1.35	-0.01
Calmar ratio: Return relative to maximum drawdown	3.85	3.74	+0.11
Martin ratio: Return relative to average drawdown	12.62	11.89	+0.72

SVPIX vs. DFSV - Sharpe Ratio Comparison

The current SVPIX Sharpe Ratio is 2.01, which is comparable to the DFSV Sharpe Ratio of 1.99. The chart below compares the historical Sharpe Ratios of SVPIX and DFSV, 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

SVPIX vs. DFSV - Drawdown Comparison

The maximum SVPIX drawdown since its inception was -60.67%, which is greater than DFSV's maximum drawdown of -28.02%. Use the drawdown chart below to compare losses from any high point for SVPIX and DFSV.

Drawdown Indicators

	SVPIX	DFSV	Difference
Max Drawdown Largest peak-to-trough decline	-60.67%	-28.02%	-32.65%
Max Drawdown (1Y) Largest decline over 1 year	-9.55%	-9.39%	-0.16%
Max Drawdown (3Y) Largest decline over 3 years	-29.67%	-28.02%	-1.65%
Max Drawdown (5Y) Largest decline over 5 years	-29.67%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-49.17%	—	—
Current Drawdown Current decline from peak	-1.19%	-1.95%	+0.76%
Average Drawdown Average peak-to-trough decline	-11.50%	-6.64%	-4.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.91%	2.94%	-0.03%

Volatility

SVPIX vs. DFSV - Volatility Comparison

ProFunds Small Cap Value Fund (SVPIX) has a higher volatility of 5.11% compared to Dimensional US Small Cap Value ETF (DFSV) at 4.04%. This indicates that SVPIX's price experiences larger fluctuations and is considered to be riskier than DFSV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SVPIX	DFSV	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.11%	4.04%	+1.07%
Volatility (6M) Calculated over the trailing 6-month period	11.83%	11.27%	+0.56%
Volatility (1Y) Calculated over the trailing 1-year period	18.34%	17.63%	+0.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.98%	22.20%	-0.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.53%	22.20%	+1.33%

SVPIX vs. DFSV - Expense Ratio Comparison

SVPIX has a 1.61% expense ratio, which is higher than DFSV's 0.31% expense ratio.

Dividends

SVPIX vs. DFSV - Dividend Comparison

SVPIX has not paid dividends to shareholders, while DFSV's dividend yield for the trailing twelve months is around 1.40%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
DFSV Dimensional US Small Cap Value ETF	1.40%	1.53%	1.31%	1.29%	0.90%	0.00%	0.00%	0.00%	0.00%
SVPIX ProFunds Small Cap Value Fund	0.00%	0.00%	0.00%	0.00%	1.47%	0.18%	0.00%	0.07%	13.10%

Frequently Asked Questions

Can I hold both SVPIX and DFSV in my portfolio?

With a correlation of 0.96, SVPIX and DFSV 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, SVPIX or DFSV?

SVPIX has higher volatility (5.11%) compared to DFSV (4.04%). In terms of maximum drawdown, SVPIX dropped -60.67% vs DFSV's -28.02%.

Which has better risk-adjusted returns?

SVPIX currently has the higher Sharpe Ratio (2.01 vs 1.99), 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.