DFVX vs IVV
DFVX vs IVV
Dimensional US Large Cap Vector ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. DFVX delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | DFVX | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.19% | 0.03% | |
| AUM | $519M | $865.2B | |
| Dividend Yield | 1.16% | 1.09% | |
| Holdings | 331 | 508 | |
| YTD Return | +15.22% | +13.13% | |
| 1Y Return | +24.17% | +22.90% | |
| 3Y Return (annualized) | - | +21.08% | |
| 5Y Return (annualized) | - | +13.27% | |
| Volatility (annualized) | 11.5% | 15.1% | |
| Max Drawdown | -16.7% | -56.5% | |
| Fund Family | Dimensional | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Nov 2, 2023 | May 15, 2000 |
DFVX vs IVV Performance
Dimensional US Large Cap Vector ETF (DFVX) is a ETF from Dimensional and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year DFVX returned +24.17% while IVV returned +22.90%. Year to date, DFVX is up 15.22% versus a gain of 13.13% for IVV.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 11.5% for DFVX. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -16.7% for DFVX and -56.5% for IVV. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.91. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
DFVX charges 0.19% per year while IVV charges 0.03%. On a $10,000 position that is $19 vs $3 annually, a gap of $16 per year that compounds over a long holding period. On income, DFVX currently yields 1.16% against 1.09% for IVV.
Holdings Overlap
DFVX and IVV share 264 holdings out of 555 unique holdings combined, representing a 51.9% weight overlap.
High overlap means holding both may not provide much additional diversification.
Top Shared Holdings
| Stock | Weight in DFVX | Weight in IVV | Difference |
|---|---|---|---|
| MSFT | 4.83% | 4.57% | 0.26% |
| AMZN | 5.02% | 3.75% | 1.27% |
| NVDA | 0.60% | 7.76% | 7.16% |
| AAPL | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| GOOGL | Pro | Pro | Pro |
| GOOG | Pro | Pro | Pro |
| JPM:US | Pro | Pro | Pro |
| MU | Pro | Pro | Pro |
| JNJ | Pro | Pro | Pro |
See all 10 holdings DFVX shares with IVV Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, DFVX or IVV?
DFVX has an expense ratio of 0.19% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $16 per year of difference.
Which performed better, DFVX or IVV?
Over the past year DFVX returned +24.17% vs +22.90% for IVV, so DFVX leads on 1-year performance. Over the longest common window we track (3 years), DFVX annualized +21.88% vs +7.02% for IVV. Past performance does not guarantee future results.
Which is riskier, DFVX or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 11.5% for DFVX. Worst drawdown: DFVX -16.7% vs IVV -56.5%.
Should I hold both DFVX and IVV?
DFVX and IVV have a monthly-return correlation of 0.91, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between DFVX and IVV?
DFVX and IVV share 264 common holdings with a 51.9% weight overlap. Combined, they hold 555 unique securities.
Which pays a higher dividend, DFVX or IVV?
DFVX yields 1.16% while IVV yields 1.09%, so DFVX currently pays the higher dividend yield.
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