DFIV vs VOO
Dimensional International Value ETF vs Vanguard S&P 500 ETF
Which is better, DFIV or VOO?
Large Cap Value against Large Cap Blend.
VOO has a lower expense ratio. DFIV led over 1Y, 3Y, 5Y and the full window. DFIV is less concentrated, with 15.6% of the fund in its ten largest positions against 37.9%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | DFIV | VOO |
|---|---|---|
| Expense Ratio | 0.27% | 0.03%Best |
| AUM | $21.7B | $1.0T |
| Dividend Yield | 2.78% | 1.06% |
| Holdings | 607 | 506 |
| YTD Return | +12.68% | +13.57%Best |
| 1Y Return | +25.67%Best | +17.55% |
| 3Y Return (annualized) | +23.89%Best | +22.46% |
| 5Y Return (annualized) | +14.84%Best | +13.28% |
| Volatility (annualized) | 15.7% | 15.5%Best |
| Max Drawdown | -25.4% | -24.5%Best |
| $10,000 over 5 years | $19,974Best | $18,654 |
| Top 10 Weight | 15.6%Best | 37.9% |
| Fund Family | Dimensional | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Apr 16, 1999 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Sep 13, 2021 to Oct 14, 2026 (5.1 years).
DFIV vs VOO growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 5.1 years both funds cover.
DFIV vs VOO Performance
Dimensional International Value ETF (DFIV) is an ETF from Dimensional and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year DFIV returned +25.67% while VOO returned +17.55%. Year to date, DFIV is up 12.68% versus a gain of 13.57% for VOO.
Over three years, DFIV compounded at +23.89% per year against +22.46% for VOO; over five years the annualized figures are +14.84% and +13.28% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DFIV has been the more volatile fund, with annualized monthly volatility of 15.7% compared with 15.5% for VOO. 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 -25.4% for DFIV and -24.5% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.66. They move together some of the time, and apart the rest.
Fees and Cost Over Time
DFIV charges 0.27% per year while VOO charges 0.03%. On a $10,000 position that is $27 vs $3 annually, a gap of $24 per year that compounds over a long holding period. On income, DFIV currently yields 2.78% against 1.06% for VOO.
Holdings Overlap
We hold position weights for 589 holdings in DFIV and 504 in VOO, totalling 97.3% and 100.1% of the two funds. That is not enough of VOO to divide by, so no overlap percentage is shown here. Within what we can see, 1 positions appear in both.
1 positions in common, counted across the 589 positions we hold weights for in DFIV and 504 in VOO, against full books of 607 and 506.
What only one of them owns
Our book lists 498 positions for VOO that do not appear in our book for DFIV (99.7% of the fund), and 13 for DFIV that do not appear in VOO (6.1%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in DFIV | Weight in VOO | Difference |
|---|---|---|---|
| IPInternational Paper Co. | 0.02% | 0.03% | 0.01% |
You are not choosing between two funds in isolation.
Whichever of DFIV and VOO you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DFIV or VOO?
DFIV has an expense ratio of 0.27% while VOO charges 0.03%. VOO is the cheaper option, by $24 a year on a $10,000 investment.
Which performed better, DFIV or VOO?
Over the past year DFIV returned +25.67% vs +17.55% for VOO, so DFIV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DFIV or VOO?
DFIV has been the more volatile fund at 15.7% annualized versus 15.5% for VOO. Worst drawdown: DFIV -25.4% vs VOO -24.5%.
Should I hold both DFIV and VOO?
DFIV and VOO have a monthly-return correlation of 0.66, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, DFIV or VOO?
DFIV yields 2.78% while VOO yields 1.06%, so DFIV currently pays the higher dividend yield.
Is VOO better than DFIV?
VOO has a lower expense ratio. DFIV led over 1Y, 3Y, 5Y and the full window. DFIV is less concentrated, with 15.6% of the fund in its ten largest positions against 37.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.