DFSV vs FSEV
Dimensional US Small Cap Value ETF vs Fidelity Enhanced Small Cap Value ETF
Which is better, DFSV or FSEV?
FSEV costs less.
FSEV has a lower expense ratio. DFSV is less concentrated, with 6.6% of the fund in its ten largest positions against 8.9%.
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 | DFSV | FSEV |
|---|---|---|
| Expense Ratio | 0.30% | 0.28%Best |
| AUM | $27.2B | $8M |
| Dividend Yield | 1.45% | 0.65% |
| Holdings | 31 | 876 |
| YTD Return | +14.48%Best | +1.86% |
| 1Y Return | +20.41% | - |
| 3Y Return (annualized) | +16.41% | - |
| Top 10 Weight | 6.6%Best | 8.9% |
| Fund Family | Dimensional | Fidelity Investments (US) |
| Category | Equity | Equity |
| Style | Small Cap Value | Small Cap Value |
| Inception | Feb 23, 2022 | Apr 28, 2026 |
Not shown on this pair: 5Y Return (annualized), Volatility (annualized), Max Drawdown, $10,000 over the window.
DFSV vs FSEV 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
DFSV vs FSEV Performance
Dimensional US Small Cap Value ETF (DFSV) is an ETF from Dimensional and Fidelity Enhanced Small Cap Value ETF (FSEV) is an ETF from Fidelity Investments (US). Year to date, DFSV is up 14.48% versus a gain of 1.86% for FSEV.
Past performance does not guarantee future results.
Fees and Cost Over Time
DFSV charges 0.30% per year while FSEV charges 0.28%. On a $10,000 position that is $30 vs $28 annually, a gap of $2 per year that compounds over a long holding period. On income, DFSV currently yields 1.45% against 0.65% for FSEV.
Holdings Overlap
29.1% of DFSV's money is in holdings FSEV also owns. 59.1% of FSEV's money is in holdings DFSV also owns.
The two portfolios partly overlap.
231 positions in common, counted across the 996 positions we hold weights for in DFSV and 434 in FSEV, against full books of 31 and 876.
What only one of them owns
Our book lists 185 positions for FSEV that do not appear in our book for DFSV (36.8% of the fund), and 589 for DFSV that do not appear in FSEV (67.9%).
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 DFSV | Weight in FSEV | Difference |
|---|---|---|---|
| PBFPbf Energy Inc | 0.56% | 0.85% | 0.29% |
| CMCCommercial Metals Co | 0.47% | 0.89% | 0.42% |
| UMBFUmb Financial Corp. | 0.41% | 0.87% | 0.46% |
| JXNJackson Financial Inc USD | 0.61% | 0.64% | 0.03% |
| VLYValley National Bancorp | 0.49% | 0.67% | 0.18% |
| BFHBread Financial Holdings, Inc. | 0.33% | 0.77% | 0.44% |
| HOMBHome Bancshares Inc/ar | 0.22% | 0.84% | 0.62% |
| UBSIUnited Bankshares Inc/Wv | 0.43% | 0.63% | 0.20% |
| GNWGenworth Financial Inc, Class A | 0.26% | 0.69% | 0.43% |
| WSFSWsfs Financial Corp Common Stock | 0.27% | 0.66% | 0.39% |
59.1% of FSEV is already inside DFSV.
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, DFSV or FSEV?
DFSV has an expense ratio of 0.30% while FSEV charges 0.28%. FSEV is the cheaper option, by $2 a year on a $10,000 investment.
What is the holdings overlap between DFSV and FSEV?
59.1% of FSEV's money is in holdings DFSV also owns. 59.1% of FSEV's is in holdings DFSV also owns. They hold 231 positions in common, counted across the 996 positions we hold weights for in DFSV and 434 in FSEV.
Which pays a higher dividend, DFSV or FSEV?
DFSV yields 1.45% while FSEV yields 0.65%, so DFSV currently pays the higher dividend yield.
Is FSEV better than DFSV?
FSEV has a lower expense ratio. DFSV is less concentrated, with 6.6% of the fund in its ten largest positions against 8.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.