DFSV vs JPSV
Dimensional US Small Cap Value ETF vs JPMorgan Active Small Cap Value ETF
Which is better, DFSV or JPSV?
Nearly the same fund. DFSV costs less.
DFSV has a lower expense ratio. DFSV led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.95. DFSV is less concentrated, with 6.6% of the fund in its ten largest positions against 16.4%.
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 | JPSV |
|---|---|---|
| Expense Ratio | 0.30%Best | 0.55% |
| AUM | $27.2B | $28M |
| Dividend Yield | 1.45% | 1.26% |
| Holdings | 31 | 222 |
| YTD Return | +14.48%Best | +13.49% |
| 1Y Return | +20.41%Best | +15.56% |
| 3Y Return (annualized) | +16.41%Best | +12.21% |
| Volatility (annualized) | 18.8% | 16.1%Best |
| Max Drawdown | -28.0% | -22.8%Best |
| $10,000 over 3.6 years | $14,874Best | $13,615 |
| Top 10 Weight | 6.6%Best | 16.4% |
| Fund Family | Dimensional | J.P. Morgan Asset Management |
| Category | Equity | Equity |
| Style | Small Cap Value | Small Cap Value |
| Inception | Feb 23, 2022 | Mar 7, 2023 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 3.6 years row, are measured over the window both funds cover: Mar 8, 2023 to Oct 14, 2026 (3.6 years).
DFSV vs JPSV 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 3.6 years both funds cover.
DFSV vs JPSV Performance
Dimensional US Small Cap Value ETF (DFSV) is an ETF from Dimensional and JPMorgan Active Small Cap Value ETF (JPSV) is an ETF from J.P. Morgan Asset Management. Over the past year DFSV returned +20.41% while JPSV returned +15.56%. Year to date, DFSV is up 14.48% versus a gain of 13.49% for JPSV.
Over three years, DFSV compounded at +16.41% per year against +12.21% for JPSV. Across the full 4-year window we track, DFSV has the edge at +11.66% annualized vs +8.95%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DFSV has been the more volatile fund, with annualized monthly volatility of 18.8% compared with 16.1% for JPSV. 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 -28.0% for DFSV and -22.8% for JPSV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.95. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
DFSV charges 0.30% per year while JPSV charges 0.55%. On a $10,000 position that is $30 vs $55 annually, a gap of $25 per year that compounds over a long holding period. On income, DFSV currently yields 1.45% against 1.26% for JPSV.
Holdings Overlap
10.6% of DFSV's money is in holdings JPSV also owns. 59.4% of JPSV's money is in holdings DFSV also owns.
The two portfolios partly overlap.
61 positions in common, counted across the 996 positions we hold weights for in DFSV and 113 in JPSV, against full books of 31 and 222.
What only one of them owns
Our book lists 50 positions for JPSV that do not appear in our book for DFSV (39.9% of the fund), and 738 for DFSV that do not appear in JPSV (85.5%).
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 JPSV | Difference |
|---|---|---|---|
| ONBOld National Bancorp/In Common Stock | 0.59% | 1.71% | 1.12% |
| NSITInsight Enterprises Inc | 0.06% | 2.22% | 2.16% |
| SSBSouth State Corp | 0.63% | 1.41% | 0.78% |
| COLBColumbia Banking System Inc Common Stock | 0.58% | 1.39% | 0.81% |
| WSBCWesbanco, Inc. | 0.26% | 1.44% | 1.18% |
| CARSCars.Com Inc | 0.05% | 1.58% | 1.53% |
| SIGISelective Insurance Group Inc | 0.03% | 1.60% | 1.57% |
| AVNTAvient Corp | 0.27% | 1.36% | 1.09% |
| WSFSWsfs Financial Corp Common Stock | 0.27% | 1.35% | 1.08% |
| GHCGraham Holdings Co | 0.27% | 1.32% | 1.05% |
59.4% of JPSV 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 JPSV?
DFSV has an expense ratio of 0.30% while JPSV charges 0.55%. DFSV is the cheaper option, by $25 a year on a $10,000 investment.
Which performed better, DFSV or JPSV?
Over the past year DFSV returned +20.41% vs +15.56% for JPSV, so DFSV leads on 1-year performance. Over the longest common window we track (4 years), DFSV annualized +11.66% vs +8.95% for JPSV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DFSV or JPSV?
DFSV has been the more volatile fund at 18.8% annualized versus 16.1% for JPSV. Worst drawdown: DFSV -28.0% vs JPSV -22.8%.
Should I hold both DFSV and JPSV?
DFSV and JPSV have a monthly-return correlation of 0.95, 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 DFSV and JPSV?
59.4% of JPSV's money is in holdings DFSV also owns. 59.4% of JPSV's is in holdings DFSV also owns. They hold 61 positions in common, counted across the 996 positions we hold weights for in DFSV and 113 in JPSV.
Which pays a higher dividend, DFSV or JPSV?
DFSV yields 1.45% while JPSV yields 1.26%, so DFSV currently pays the higher dividend yield.
Is JPSV better than DFSV?
DFSV has a lower expense ratio. DFSV led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.95. DFSV is less concentrated, with 6.6% of the fund in its ten largest positions against 16.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.