VYMI vs. DFIV

Last updated Aug 5, 2026

VYMI (Vanguard International High Dividend Yield ETF) and DFIV (Dimensional International Value ETF) are both exchange-traded funds - VYMI is a Dividend fund tracking the FTSE All-World ex US High Dividend Yield Index, while DFIV is a Foreign Large Cap Equities fund actively managed by Dimensional. VYMI is passively managed, while DFIV is actively managed. Over the past 3 years, VYMI returned 22.89%/yr vs 23.93%/yr for DFIV. Their 0.97 correlation means they have historically moved very closely together. VYMI charges 0.07%/yr vs 0.27%/yr for DFIV.

Performance

VYMI vs. DFIV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard International High Dividend Yield ETF (VYMI) and Dimensional International Value ETF (DFIV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VYMI achieves a 18.16% return, which is significantly higher than DFIV's 17.05% return.

VYMI

• 1D: 0.45%
• 1M: 4.99%
• 6M: 10.02%
• YTD: 18.16%
• 1Y: 33.89%
• 3Y*: 22.89%
• 5Y*: 13.93%
• 10Y*: 11.00%
• ALL TIME*: 11.40%

DFIV

• 1D: 0.35%
• 1M: 4.70%
• 6M: 8.52%
• YTD: 17.05%
• 1Y: 36.22%
• 3Y*: 23.93%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 16.15%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DFIV Dimensional International Value ETF	$82.28M	$69.93M	$68.43M
VYMI Vanguard International High Dividend Yield ETF	$81.12M	$82.35M	$91.64M

VYMI vs. DFIV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
VYMI Vanguard International High Dividend Yield ETF	18.16%	38.05%	7.06%	17.07%	-7.02%	1.45%
DFIV Dimensional International Value ETF	17.05%	45.36%	7.26%	17.75%	-3.70%	0.50%

Correlation

The correlation between VYMI and DFIV is 0.96 - they have historically moved very closely together. At this level, their price movements offset little of one another.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.96
Correlation (3Y) Balances recent behavior with more history.	0.97
Correlation (All Time) Calculated using the full available price history since Sep 13, 2021	0.97

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

VYMI vs. DFIV - Sectors Allocation Comparison

Sectors	VYMI	DFIV
Financial Services	42.4%	34.3%
Energy	7.9%	14.1%
Consumer Defensive	6.7%	5.2%
Healthcare	6.5%	5.4%
Basic Materials	6.5%	10.5%
Industrials	6.1%	9.8%
Consumer Cyclical	6.0%	9.7%
Technology	5.3%	3.1%
Utilities	5.2%	2.3%
Communication Services	3.5%	4.0%
Real Estate	1.1%	1.7%

Return for Risk

VYMI vs. DFIV — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

VYMI

VYMI Risk / Return Rank: 88
VYMI Sharpe Ratio Rank: 92
VYMI Sortino Ratio Rank: 91
VYMI Omega Ratio Rank: 91
VYMI Calmar Ratio Rank: 82
VYMI Martin Ratio Rank: 85

DFIV

DFIV Risk / Return Rank: 90
DFIV Sharpe Ratio Rank: 93
DFIV Sortino Ratio Rank: 92
DFIV Omega Ratio Rank: 91
DFIV Calmar Ratio Rank: 87
DFIV Martin Ratio Rank: 88

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

VYMI vs. DFIV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard International High Dividend Yield ETF (VYMI) and Dimensional International Value ETF (DFIV). 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.

	VYMI	DFIV	Difference
Sharpe ratio: Return per unit of total volatility	2.59	2.63	-0.04
Sortino ratio: Return per unit of downside risk	3.52	3.58	-0.05
Omega ratio: Gain probability vs. loss probability	1.47	1.47	-0.01
Calmar ratio: Return relative to maximum drawdown	3.36	3.77	-0.41
Martin ratio: Return relative to average drawdown	13.26	14.60	-1.34

VYMI vs. DFIV - Sharpe Ratio Comparison

The current VYMI Sharpe Ratio is 2.59, which is comparable to the DFIV Sharpe Ratio of 2.63. The chart below compares the historical Sharpe Ratios of VYMI and DFIV, 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

VYMI vs. DFIV - Drawdown Comparison

The maximum VYMI drawdown since its inception was -40.00%, which is greater than DFIV's maximum drawdown of -25.42%. Use the drawdown chart below to compare losses from any high point for VYMI and DFIV.

Drawdown Indicators

	VYMI	DFIV	Difference
Max Drawdown Largest peak-to-trough decline	-40.00%	-25.42%	-14.58%
Max Drawdown (1Y) Largest decline over 1 year	-10.14%	-9.66%	-0.48%
Max Drawdown (3Y) Largest decline over 3 years	-12.84%	-14.72%	+1.88%
Max Drawdown (5Y) Largest decline over 5 years	-24.05%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-40.00%	—	—
Current Drawdown Current decline from peak	0.00%	-0.16%	+0.16%
Average Drawdown Average peak-to-trough decline	-6.22%	-4.36%	-1.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.56%	2.49%	+0.07%

Volatility

VYMI vs. DFIV - Volatility Comparison

The current volatility for Vanguard International High Dividend Yield ETF (VYMI) is 3.30%, while Dimensional International Value ETF (DFIV) has a volatility of 3.52%. This indicates that VYMI experiences smaller price fluctuations and is considered to be less risky than DFIV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VYMI	DFIV	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.30%	3.52%	-0.22%
Volatility (6M) Calculated over the trailing 6-month period	11.30%	11.52%	-0.22%
Volatility (1Y) Calculated over the trailing 1-year period	13.22%	13.88%	-0.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.85%	16.54%	-1.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.55%	16.54%	+0.01%

VYMI vs. DFIV - Expense Ratio Comparison

VYMI has a 0.07% expense ratio, which is lower than DFIV's 0.27% 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

VYMI vs. DFIV - Dividend Comparison

VYMI's dividend yield for the trailing twelve months is around 3.46%, more than DFIV's 2.57% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
DFIV Dimensional International Value ETF	2.57%	2.92%	3.88%	3.93%	3.84%	2.30%	0.00%	0.00%	0.00%	0.00%	0.00%
VYMI Vanguard International High Dividend Yield ETF	3.46%	3.68%	4.84%	4.58%	4.70%	4.30%	3.22%	4.20%	4.29%	3.21%	2.39%

Frequently Asked Questions

Can I hold both VYMI and DFIV in my portfolio?

With a correlation of 0.96, VYMI and DFIV 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, VYMI or DFIV?

DFIV has higher volatility (3.52%) compared to VYMI (3.30%). In terms of maximum drawdown, VYMI dropped -40.00% vs DFIV's -25.42%.

Which ETF is better, VYMI or DFIV?

On 3-year performance, DFIV leads with 23.93% vs 22.89% for VYMI. On fees, VYMI is cheaper at 0.07% per year. On volatility, VYMI has been the lower-risk option at 3.30%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VYMI or DFIV?

Over the 3-year period, DFIV has performed better with a 23.93% return vs 22.89%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VYMI or DFIV?

VYMI is cheaper with a 0.07% expense ratio, compared with 0.27% for DFIV.

Which ETF pays a higher dividend yield, VYMI or DFIV?

VYMI has the higher dividend yield at 3.46%, compared with 2.57% for DFIV.

What is the main difference between VYMI and DFIV?

VYMI is categorized as Dividend, while DFIV is Foreign Large Cap Equities. They also come from different issuers: Vanguard and Dimensional. Their fees differ too: 0.07% for VYMI and 0.27% for DFIV.

Which has better risk-adjusted returns?

DFIV currently has the higher Sharpe Ratio (2.63 vs 2.59), 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.