DFLV vs JDVL
Dimensional US Large Cap Value ETF vs John Hancock Disciplined Value Select ETF
Which is better, DFLV or JDVL?
DFLV has been ahead.
DFLV has a lower expense ratio. DFLV led over 1Y and the full window. DFLV is less concentrated, with 25.0% of the fund in its ten largest positions against 40.0%.
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 | JDVL |
|---|---|---|
| Expense Ratio | 0.22%Best | 0.56% |
| AUM | $7.2B | $948M |
| Dividend Yield | 1.41% | 1.48% |
| Holdings | 339 | 41 |
| YTD Return | +19.75%Best | +15.90% |
| 1Y Return | +27.39%Best | +21.37% |
| 3Y Return (annualized) | +20.43% | - |
| Volatility (annualized) | 9.6%Best | 12.2% |
| Max Drawdown | -5.5%Best | -9.2% |
| $10,000 over 1.2 years | $13,489Best | $12,918 |
| Top 10 Weight | 25.0%Best | 40.0% |
| Fund Family | Dimensional | John Hancock Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Dec 6, 2022 | Aug 6, 2025 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 1.2 years row, are measured over the window both funds cover: Aug 6, 2025 to Oct 14, 2026 (1.2 years).
DFLV vs JDVL 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 1.2 years both funds cover.
DFLV vs JDVL Performance
Dimensional US Large Cap Value ETF (DFLV) is an ETF from Dimensional and John Hancock Disciplined Value Select ETF (JDVL) is an ETF from John Hancock Investment Management. Over the past year DFLV returned +27.39% while JDVL returned +21.37%. Year to date, DFLV is up 19.75% versus a gain of 15.90% for JDVL.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JDVL has been the more volatile fund, with annualized monthly volatility of 12.2% compared with 9.6% for DFLV. 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 -5.5% for DFLV and -9.2% for JDVL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.86. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
DFLV charges 0.22% per year while JDVL charges 0.56%. On a $10,000 position that is $22 vs $56 annually, a gap of $34 per year that compounds over a long holding period. On income, DFLV currently yields 1.41% against 1.48% for JDVL.
Holdings Overlap
21.1% of DFLV's money is in holdings JDVL also owns. 58.1% of JDVL's money is in holdings DFLV also owns.
The two portfolios partly overlap.
23 positions in common, counted across the 335 positions we hold weights for in DFLV and 39 in JDVL, against full books of 339 and 41.
What only one of them owns
Our book lists 14 positions for JDVL that do not appear in our book for DFLV (35.0% of the fund), and 250 for DFLV that do not appear in JDVL (77.0%).
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 JDVL | Difference |
|---|---|---|---|
| AMZNAmazon.Com Inc | 4.34% | 7.48% | 3.14% |
| JPMJpmorgan Chase | 4.70% | 4.03% | 0.67% |
| METAMeta Platforms Inc | 2.08% | 3.89% | 1.81% |
| USFDUS Foods Holding Corp | 0.18% | 3.78% | 3.60% |
| MUMicron Technology, Inc. | 1.37% | 2.51% | 1.14% |
| NXPINxp Semiconductors Nv Sedol B505Pn7 | 0.57% | 3.25% | 2.68% |
| MSMorgan Stanley | 1.10% | 2.65% | 1.55% |
| WFCWells Fargo & Co. | 1.12% | 1.90% | 0.78% |
| DGXQuest Diagnostics Inc | 0.30% | 2.53% | 2.23% |
| FCXFreeport-mcmoran Copper & Gold Inc. | 0.77% | 1.97% | 1.20% |
58.1% of JDVL 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 JDVL?
DFLV has an expense ratio of 0.22% while JDVL charges 0.56%. DFLV is the cheaper option, by $34 a year on a $10,000 investment.
Which performed better, DFLV or JDVL?
Over the past year DFLV returned +27.39% vs +21.37% for JDVL, so DFLV leads on 1-year performance. Over the longest common window we track (1 years), DFLV annualized +28.33% vs +23.78% for JDVL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DFLV or JDVL?
JDVL has been the more volatile fund at 12.2% annualized versus 9.6% for DFLV. Worst drawdown: DFLV -5.5% vs JDVL -9.2%.
Should I hold both DFLV and JDVL?
DFLV and JDVL have a monthly-return correlation of 0.86, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between DFLV and JDVL?
58.1% of JDVL's money is in holdings DFLV also owns. 58.1% of JDVL's is in holdings DFLV also owns. They hold 23 positions in common, counted across the 335 positions we hold weights for in DFLV and 39 in JDVL.
Which pays a higher dividend, DFLV or JDVL?
DFLV yields 1.41% while JDVL yields 1.48%, so JDVL currently pays the higher dividend yield.
Is JDVL better than DFLV?
DFLV has a lower expense ratio. DFLV led over 1Y and the full window. DFLV is less concentrated, with 25.0% of the fund in its ten largest positions against 40.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.