DFNL vs DSTL
Davis Select Financial ETF vs Distillate US Fundamental Stability & Value ETF
Which is better, DFNL or DSTL?
Each has led over a different period.
DSTL has a lower expense ratio. DFNL led over 3Y, DSTL over 1Y, 5Y and the full window. DSTL is less concentrated, with 18.3% of the fund in its ten largest positions against 56.8%.
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 | DFNL | DSTL |
|---|---|---|
| Expense Ratio | 0.63% | 0.39%Best |
| AUM | $442M | $2.0B |
| Dividend Yield | 1.37% | 1.14% |
| Holdings | 90 | 300 |
| YTD Return | -0.91% | +13.34%Best |
| 1Y Return | +8.37% | +16.45%Best |
| 3Y Return (annualized) | +22.68%Best | +15.03% |
| 5Y Return (annualized) | +10.68% | +10.92%Best |
| Volatility (annualized) | 21.4% | 17.3%Best |
| Max Drawdown | -44.5% | -33.1%Best |
| $10,000 over 5 years | $16,609 | $16,790Best |
| Top 10 Weight | 56.8% | 18.3%Best |
| Fund Family | Davis ETFs | Distillate Capital Etfs |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Jan 11, 2017 | Oct 23, 2018 |
Volatility and max drawdown are measured over the window both funds cover: Oct 24, 2018 to Oct 14, 2026 (8 years).
DFNL vs DSTL 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 8 years both funds cover.
DFNL vs DSTL Performance
Davis Select Financial ETF (DFNL) is an ETF from Davis ETFs and Distillate US Fundamental Stability & Value ETF (DSTL) is an ETF from Distillate Capital Etfs. Over the past year DFNL returned +8.37% while DSTL returned +16.45%. Year to date, DFNL is down 0.91% versus a gain of 13.34% for DSTL.
Over three years, DFNL compounded at +22.68% per year against +15.03% for DSTL; over five years the annualized figures are +10.68% and +10.92% respectively. Across the full 8-year window we track, DSTL has the edge at +14.39% annualized vs +12.31%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DFNL has been the more volatile fund, with annualized monthly volatility of 21.4% compared with 17.3% for DSTL. 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 -44.5% for DFNL and -33.1% for DSTL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.82. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
DFNL charges 0.63% per year while DSTL charges 0.39%. On a $10,000 position that is $63 vs $39 annually, a gap of $24 per year that compounds over a long holding period. On income, DFNL currently yields 1.37% against 1.14% for DSTL.
Holdings Overlap
We hold position weights for 30 holdings in DFNL and 101 in DSTL, totalling 100.0% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 30 positions we hold weights for in DFNL and 101 in DSTL, against full books of 90 and 300.
What only one of them owns
Our book lists 100 positions for DSTL that do not appear in our book for DFNL (99.2% of the fund), and 23 for DFNL that do not appear in DSTL (83.6%).
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.
You are not choosing between two funds in isolation.
Whichever of DFNL and DSTL 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, DFNL or DSTL?
DFNL has an expense ratio of 0.63% while DSTL charges 0.39%. DSTL is the cheaper option, by $24 a year on a $10,000 investment.
Which performed better, DFNL or DSTL?
Over the past year DFNL returned +8.37% vs +16.45% for DSTL, so DSTL leads on 1-year performance. Over the longest common window we track (8 years), DFNL annualized +12.31% vs +14.39% for DSTL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DFNL or DSTL?
DFNL has been the more volatile fund at 21.4% annualized versus 17.3% for DSTL. Worst drawdown: DFNL -44.5% vs DSTL -33.1%.
Should I hold both DFNL and DSTL?
DFNL and DSTL have a monthly-return correlation of 0.82, 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, DFNL or DSTL?
DFNL yields 1.37% while DSTL yields 1.14%, so DFNL currently pays the higher dividend yield.
Is DSTL better than DFNL?
DSTL has a lower expense ratio. DFNL led over 3Y, DSTL over 1Y, 5Y and the full window. DSTL is less concentrated, with 18.3% of the fund in its ten largest positions against 56.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.