VIOO vs. DFSVX
VIOO (Vanguard S&P Small-Cap 600 ETF) and DFSVX (DFA U.S. Small Cap Value Portfolio I) are both funds - VIOO is a Small Cap Blend Equities fund tracking the S&P SmallCap 600 Index, while DFSVX is a Small Cap Value Equities fund managed by Dimensional. Over the past 10 years, VIOO returned 10.63%/yr vs 11.15%/yr for DFSVX. Their correlation of 0.94 suggests significant overlap in exposure. VIOO charges 0.07%/yr vs 0.30%/yr for DFSVX.
Performance
VIOO vs. DFSVX - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both stocks are quite close, with VIOO having a 15.44% return and DFSVX slightly lower at 14.98%. Both investments have delivered pretty close results over the past 10 years, with VIOO having a 10.63% annualized return and DFSVX not far ahead at 11.15%.
VIOO
- 1D
- 0.60%
- 1M
- 0.16%
- YTD
- 15.44%
- 6M
- 15.12%
- 1Y
- 30.51%
- 3Y*
- 13.80%
- 5Y*
- 5.39%
- 10Y*
- 10.63%
DFSVX
- 1D
- -1.27%
- 1M
- 0.05%
- YTD
- 14.98%
- 6M
- 15.29%
- 1Y
- 32.71%
- 3Y*
- 17.20%
- 5Y*
- 9.93%
- 10Y*
- 11.15%
VIOO vs. DFSVX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VIOO Vanguard S&P Small-Cap 600 ETF | 15.44% | 6.04% | 8.48% | 16.16% | -16.26% | 26.79% | 11.47% | 22.68% | -8.65% | 13.16% |
DFSVX DFA U.S. Small Cap Value Portfolio I | 14.98% | 8.37% | 9.58% | 19.02% | -3.57% | 39.97% | 2.24% | 18.15% | -15.13% | 6.82% |
Correlation
The correlation between VIOO and DFSVX is 0.94, 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 | 0.94 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.96 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.97 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.96 |
Correlation (All Time) Calculated using the full available price history since Sep 10, 2010 | 0.94 |
The correlation between VIOO and DFSVX has been stable across timeframes, ranging from 0.94 to 0.97 - 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
VIOO vs. DFSVX — Risk / Return Rank
VIOO
DFSVX
VIOO vs. DFSVX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard S&P Small-Cap 600 ETF (VIOO) and DFA U.S. Small Cap Value Portfolio I (DFSVX). 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.
| VIOO | DFSVX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.25 | ||
| Sortino ratioReturn per unit of downside risk | -0.36 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.35 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 3.49 | 3.64 | -0.15 |
| Martin ratioReturn relative to average drawdown | 11.68 | 11.63 | +0.05 |
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
| VIOO | DFSVX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.74 | 1.99 | -0.25 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.25 | 0.46 | -0.21 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.46 | 0.47 | 0.00 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.57 | 0.52 | +0.05 |
Drawdowns
VIOO vs. DFSVX - Drawdown Comparison
The maximum VIOO drawdown since its inception was -44.15%, smaller than the maximum DFSVX drawdown of -66.70%. Use the drawdown chart below to compare losses from any high point for VIOO and DFSVX.
Loading charts...
Drawdown Indicators
| VIOO | DFSVX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.15% | -66.70% | +22.55% |
Max Drawdown (1Y)Largest decline over 1 year | -8.77% | -9.59% | +0.82% |
Max Drawdown (3Y)Largest decline over 3 years | -27.93% | -27.69% | -0.24% |
Max Drawdown (5Y)Largest decline over 5 years | -27.93% | -27.69% | -0.24% |
Max Drawdown (10Y)Largest decline over 10 years | -44.15% | -52.12% | +7.97% |
Current DrawdownCurrent decline from peak | -1.13% | -1.27% | +0.14% |
Average DrawdownAverage peak-to-trough decline | -7.33% | -9.47% | +2.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.62% | 2.99% | -0.37% |
Volatility
VIOO vs. DFSVX - Volatility Comparison
Vanguard S&P Small-Cap 600 ETF (VIOO) has a higher volatility of 4.63% compared to DFA U.S. Small Cap Value Portfolio I (DFSVX) at 4.28%. This indicates that VIOO's price experiences larger fluctuations and is considered to be riskier than DFSVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VIOO | DFSVX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.63% | 4.28% | +0.35% |
Volatility (6M)Calculated over the trailing 6-month period | 11.84% | 11.39% | +0.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.66% | 17.53% | +0.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.41% | 21.49% | -0.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.00% | 23.89% | -0.89% |
VIOO vs. DFSVX - Expense Ratio Comparison
VIOO has a 0.07% expense ratio, which is lower than DFSVX's 0.30% expense ratio.
Dividends
VIOO vs. DFSVX - Dividend Comparison
VIOO's dividend yield for the trailing twelve months is around 1.18%, less than DFSVX's 1.51% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DFSVX DFA U.S. Small Cap Value Portfolio I | 1.51% | 1.69% | 1.47% | 3.67% | 6.77% | 10.40% | 1.96% | 2.83% | 7.54% | 5.18% | 4.18% | 5.29% |
VIOO Vanguard S&P Small-Cap 600 ETF | 1.18% | 1.36% | 1.48% | 1.47% | 1.51% | 1.16% | 1.09% | 1.37% | 1.32% | 1.11% | 1.06% | 1.26% |
Frequently Asked Questions
With a correlation of 0.94, VIOO and DFSVX 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.
VIOO has higher volatility (4.63%) compared to DFSVX (4.28%). In terms of maximum drawdown, VIOO dropped -44.15% vs DFSVX's -66.70%.
DFSVX currently has the higher Sharpe Ratio (1.99 vs 1.74), 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 VIOO and DFSVX
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