VTI vs. DFUS

Last updated Jun 5, 2026

VTI (Vanguard Total Stock Market ETF) and DFUS (Dimensional U.S. Equity Market ETF) are both Large Cap Blend Equities funds. VTI is passively managed, while DFUS is actively managed. Over the past 3 years, VTI returned 22.37%/yr vs 22.72%/yr for DFUS. With a 1.00 correlation, they move nearly in lockstep. VTI charges 0.03%/yr vs 0.09%/yr for DFUS.

Performance

VTI vs. DFUS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Total Stock Market ETF (VTI) and Dimensional U.S. Equity Market ETF (DFUS). 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 VTI having a 11.72% return and DFUS slightly higher at 11.74%.

VTI

• 1D: 0.47%
• 1M: 4.59%
• YTD: 11.72%
• 6M: 11.43%
• 1Y: 28.79%
• 3Y*: 22.37%
• 5Y*: 12.80%
• 10Y*: 15.04%

DFUS

• 1D: 0.44%
• 1M: 4.83%
• YTD: 11.74%
• 6M: 11.52%
• 1Y: 29.16%
• 3Y*: 22.72%
• 5Y*: —
• 10Y*: —

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

VTI vs. DFUS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
VTI Vanguard Total Stock Market ETF	11.72%	17.10%	23.81%	26.05%	-19.52%	10.14%
DFUS Dimensional U.S. Equity Market ETF	11.74%	17.46%	24.34%	26.36%	-18.34%	11.90%

Correlation

The correlation between VTI and DFUS is 1.00 - 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	1.00
Correlation (3Y) Calculated over the trailing 3-year period	1.00
Correlation (All Time) Calculated using the full available price history since Jun 15, 2021	1.00

The correlation between VTI and DFUS has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.

VTI vs. DFUS - Sectors Allocation Comparison

Sectors	VTI	DFUS
Technology	33.5%	17.4%
Financial Services	12.0%	20.2%
Communication Services	10.3%	23.5%
Consumer Cyclical	10.0%	13.0%
Industrials	9.8%	9.5%
Healthcare	9.2%	4.1%
Consumer Defensive	4.7%	2.6%
Energy	3.7%	5.3%
Real Estate	2.4%	0.0%
Utilities	2.3%	3.0%
Basic Materials	2.0%	1.1%

Return for Risk

VTI vs. DFUS — Risk / Return Rank

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

VTI

VTI Risk / Return Rank: 73
VTI Sharpe Ratio Rank: 74
VTI Sortino Ratio Rank: 73
VTI Omega Ratio Rank: 73
VTI Calmar Ratio Rank: 66
VTI Martin Ratio Rank: 78

DFUS

DFUS Risk / Return Rank: 73
DFUS Sharpe Ratio Rank: 75
DFUS Sortino Ratio Rank: 73
DFUS Omega Ratio Rank: 73
DFUS Calmar Ratio Rank: 67
DFUS Martin Ratio Rank: 78

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.

VTI vs. DFUS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Total Stock Market ETF (VTI) and Dimensional U.S. Equity Market ETF (DFUS). 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.

	VTI	DFUS	Difference
Sharpe ratio: Return per unit of total volatility	2.38	2.40	-0.02
Sortino ratio: Return per unit of downside risk	3.24	3.27	-0.02
Omega ratio: Gain probability vs. loss probability	1.43	1.43	-0.01
Calmar ratio: Return relative to maximum drawdown	3.24	3.27	-0.03
Martin ratio: Return relative to average drawdown	14.94	14.97	-0.03
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VTI vs. DFUS - Sharpe Ratio Comparison

The current VTI Sharpe Ratio is 2.38, which is comparable to the DFUS Sharpe Ratio of 2.40. The chart below compares the historical Sharpe Ratios of VTI and DFUS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	VTI	DFUS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.38	2.40	-0.02
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.74	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.82	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.51	0.79	-0.28

Drawdowns

VTI vs. DFUS - Drawdown Comparison

The maximum VTI drawdown since its inception was -55.45%, which is greater than DFUS's maximum drawdown of -24.62%. Use the drawdown chart below to compare losses from any high point for VTI and DFUS.

Drawdown Indicators

	VTI	DFUS	Difference
Max Drawdown Largest peak-to-trough decline	-55.45%	-24.62%	-30.83%
Max Drawdown (1Y) Largest decline over 1 year	-8.92%	-8.96%	+0.04%
Max Drawdown (3Y) Largest decline over 3 years	-19.30%	-19.44%	+0.14%
Max Drawdown (5Y) Largest decline over 5 years	-25.36%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-35.00%	—	—
Current Drawdown Current decline from peak	-0.26%	-0.23%	-0.03%
Average Drawdown Average peak-to-trough decline	-8.03%	-5.81%	-2.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.93%	1.95%	-0.02%

Volatility

VTI vs. DFUS - Volatility Comparison

Vanguard Total Stock Market ETF (VTI) and Dimensional U.S. Equity Market ETF (DFUS) have volatilities of 2.90% and 3.01%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VTI	DFUS	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.90%	3.01%	-0.11%
Volatility (6M) Calculated over the trailing 6-month period	9.13%	9.19%	-0.06%
Volatility (1Y) Calculated over the trailing 1-year period	12.17%	12.22%	-0.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.40%	17.21%	+0.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.30%	17.21%	+1.09%

VTI vs. DFUS - Expense Ratio Comparison

VTI has a 0.03% expense ratio, which is lower than DFUS's 0.09% 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

VTI vs. DFUS - Dividend Comparison

VTI's dividend yield for the trailing twelve months is around 1.01%, more than DFUS's 0.83% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DFUS Dimensional U.S. Equity Market ETF	0.83%	0.88%	1.04%	1.33%	1.48%	0.85%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VTI Vanguard Total Stock Market ETF	1.01%	1.12%	1.27%	1.44%	1.66%	1.21%	1.42%	1.78%	2.04%	1.71%	1.92%	1.98%

Frequently Asked Questions

Can I hold both VTI and DFUS in my portfolio?

With a correlation of 1.00, VTI and DFUS 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, VTI or DFUS?

DFUS has higher volatility (3.01%) compared to VTI (2.90%). In terms of maximum drawdown, VTI dropped -55.45% vs DFUS's -24.62%.

Which ETF is better, VTI or DFUS?

On 3-year performance, DFUS leads with 22.72% vs 22.37% for VTI. On fees, VTI is cheaper at 0.03% per year. On volatility, VTI has been the lower-risk option at 2.90%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VTI or DFUS?

Over the 3-year period, DFUS has performed better with a 22.72% return vs 22.37%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VTI or DFUS?

VTI is cheaper with a 0.03% expense ratio, compared with 0.09% for DFUS.

Which ETF pays a higher dividend yield, VTI or DFUS?

VTI has the higher dividend yield at 1.01%, compared with 0.83% for DFUS.

What is the main difference between VTI and DFUS?

They also come from different issuers: Vanguard and Dimensional. Their fees differ too: 0.03% for VTI and 0.09% for DFUS.

Which has better risk-adjusted returns?

DFUS currently has the higher Sharpe Ratio (2.40 vs 2.38), 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.