VGVT vs. DFCF
VGVT (Vanguard Government Securities Active ETF) and DFCF (Dimensional Core Fixed Income ETF) are both Intermediate Core Bond funds. Both are actively managed. Their correlation of 0.85 suggests significant overlap in exposure. VGVT charges 0.10%/yr vs 0.17%/yr for DFCF.
Performance
VGVT vs. DFCF - Performance Comparison
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Returns By Period
In the year-to-date period, VGVT achieves a 0.29% return, which is significantly higher than DFCF's 0.13% return.
VGVT
- 1D
- 0.22%
- 1M
- 0.58%
- YTD
- 0.29%
- 6M
- 0.51%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DFCF
- 1D
- -0.31%
- 1M
- 0.24%
- YTD
- 0.13%
- 6M
- 0.28%
- 1Y
- 4.35%
- 3Y*
- 4.71%
- 5Y*
- —
- 10Y*
- —
VGVT vs. DFCF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
VGVT Vanguard Government Securities Active ETF | 0.29% | 3.56% |
DFCF Dimensional Core Fixed Income ETF | 0.13% | 4.15% |
Correlation
The correlation between VGVT and DFCF is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 9, 2025 | 0.85 |
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Return for Risk
VGVT vs. DFCF — Risk / Return Rank
VGVT
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
DFCF
VGVT vs. DFCF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Government Securities Active ETF (VGVT) and Dimensional Core Fixed Income ETF (DFCF). 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.
| VGVT | DFCF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.19 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.57 | — |
| Martin ratioReturn relative to average drawdown | — | 4.50 | — |
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Drawdowns
VGVT vs. DFCF - Drawdown Comparison
The maximum VGVT drawdown since its inception was -2.77%, smaller than the maximum DFCF drawdown of -19.56%. Use the drawdown chart below to compare losses from any high point for VGVT and DFCF.
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Drawdown Indicators
| VGVT | DFCF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.77% | -19.56% | +16.79% |
Max Drawdown (1Y)Largest decline over 1 year | — | -2.79% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -5.05% | — |
Current DrawdownCurrent decline from peak | -1.57% | -1.69% | +0.12% |
Average DrawdownAverage peak-to-trough decline | -0.73% | -7.96% | +7.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.97% | — |
Volatility
VGVT vs. DFCF - Volatility Comparison
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Volatility by Period
| VGVT | DFCF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 1.25% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 3.01% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.24% | 3.97% | -0.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.24% | 6.45% | -3.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.24% | 6.45% | -3.21% |
VGVT vs. DFCF - Expense Ratio Comparison
VGVT has a 0.10% expense ratio, which is lower than DFCF's 0.17% 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
VGVT vs. DFCF - Dividend Comparison
VGVT's dividend yield for the trailing twelve months is around 3.98%, less than DFCF's 4.32% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
DFCF Dimensional Core Fixed Income ETF | 4.32% | 4.48% | 4.61% | 4.51% | 3.27% | 0.16% |
VGVT Vanguard Government Securities Active ETF | 3.98% | 2.29% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
VGVT and DFCF have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VGVT is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VGVT is cheaper with a 0.10% expense ratio, compared with 0.17% for DFCF.
DFCF has the higher dividend yield at 4.32%, compared with 3.98% for VGVT.
They also come from different issuers: Vanguard and Dimensional. Their fees differ too: 0.10% for VGVT and 0.17% for DFCF.
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