DFLV vs DVND
Dimensional US Large Cap Value ETF vs Touchstone Dividend Select ETF
Which is better, DFLV or DVND?
DFLV has been ahead.
DFLV has a lower expense ratio. DFLV led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.92. DFLV is less concentrated, with 25.0% of the fund in its ten largest positions against 28.8%.
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 | DFLV | DVND |
|---|---|---|
| Expense Ratio | 0.22%Best | 0.50% |
| AUM | $7.2B | $54M |
| Dividend Yield | 1.41% | 1.81% |
| Holdings | 339 | 112 |
| YTD Return | +19.75%Best | +11.56% |
| 1Y Return | +27.39%Best | +14.57% |
| 3Y Return (annualized) | +20.43%Best | +17.34% |
| Volatility (annualized) | 13.2% | 11.1%Best |
| Max Drawdown | -16.8% | -14.6%Best |
| $10,000 over 3.9 years | $17,816Best | $16,550 |
| Top 10 Weight | 25.0%Best | 28.8% |
| Fund Family | Dimensional | Touchstone Investments |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Dec 6, 2022 | Aug 2, 2022 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 3.9 years row, are measured over the window both funds cover: Dec 7, 2022 to Oct 14, 2026 (3.9 years).
DFLV vs DVND 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 3.9 years both funds cover.
DFLV vs DVND Performance
Dimensional US Large Cap Value ETF (DFLV) is an ETF from Dimensional and Touchstone Dividend Select ETF (DVND) is an ETF from Touchstone Investments. Over the past year DFLV returned +27.39% while DVND returned +14.57%. Year to date, DFLV is up 19.75% versus a gain of 11.56% for DVND.
Over three years, DFLV compounded at +20.43% per year against +17.34% for DVND. Across the full 4-year window we track, DFLV has the edge at +15.96% annualized vs +13.79%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DFLV has been the more volatile fund, with annualized monthly volatility of 13.2% compared with 11.1% for DVND. 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 -16.8% for DFLV and -14.6% for DVND. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
DFLV charges 0.22% per year while DVND charges 0.50%. On a $10,000 position that is $22 vs $50 annually, a gap of $28 per year that compounds over a long holding period. On income, DFLV currently yields 1.41% against 1.81% for DVND.
Holdings Overlap
36.6% of DFLV's money is in holdings DVND also owns. 52.0% of DVND's money is in holdings DFLV also owns.
The two portfolios partly overlap.
31 positions in common, counted across the 335 positions we hold weights for in DFLV and 56 in DVND, against full books of 339 and 112.
What only one of them owns
Our book lists 25 positions for DVND that do not appear in our book for DFLV (47.9% of the fund), and 241 for DFLV that do not appear in DVND (60.9%).
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 DFLV | Weight in DVND | Difference |
|---|---|---|---|
| JPMJpmorgan Chase | 4.70% | 1.74% | 2.96% |
| XOMExxonmobil Corp. | 3.69% | 2.46% | 1.23% |
| AMZNAmazon.Com Inc | 4.34% | 1.74% | 2.60% |
| METAMeta Platforms Inc | 2.08% | 2.56% | 0.48% |
| JNJJohnson & Johnson - Common | 2.34% | 1.98% | 0.36% |
| CVXChevron Corp | 1.96% | 1.99% | 0.03% |
| PGProcter & Gamble Company | 1.20% | 1.98% | 0.78% |
| VZVerizon Communic | 1.24% | 1.78% | 0.54% |
| UNHUnitedhealth Group Incorporated | 1.42% | 1.54% | 0.12% |
| MRKMerck & Company Inc | 1.20% | 1.66% | 0.46% |
52.0% of DVND is already inside DFLV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DFLV or DVND?
DFLV has an expense ratio of 0.22% while DVND charges 0.50%. DFLV is the cheaper option, by $28 a year on a $10,000 investment.
Which performed better, DFLV or DVND?
Over the past year DFLV returned +27.39% vs +14.57% for DVND, so DFLV leads on 1-year performance. Over the longest common window we track (4 years), DFLV annualized +15.96% vs +13.79% for DVND. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DFLV or DVND?
DFLV has been the more volatile fund at 13.2% annualized versus 11.1% for DVND. Worst drawdown: DFLV -16.8% vs DVND -14.6%.
Should I hold both DFLV and DVND?
DFLV and DVND have a monthly-return correlation of 0.92, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between DFLV and DVND?
52.0% of DVND's money is in holdings DFLV also owns. 52.0% of DVND's is in holdings DFLV also owns. They hold 31 positions in common, counted across the 335 positions we hold weights for in DFLV and 56 in DVND.
Which pays a higher dividend, DFLV or DVND?
DFLV yields 1.41% while DVND yields 1.81%, so DVND currently pays the higher dividend yield.
Is DVND better than DFLV?
DFLV has a lower expense ratio. DFLV led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.92. DFLV is less concentrated, with 25.0% of the fund in its ten largest positions against 28.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.