DFVE vs FMCE
DoubleLine Fortune 500 Equal Weight ETF vs FM Compounders Equity ETF
Which is better, DFVE or FMCE?
DFVE has been ahead.
DFVE has a lower expense ratio. DFVE led over 1Y and the full window. DFVE is less concentrated, with 2.5% of the fund in its ten largest positions against 54.8%.
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 | DFVE | FMCE |
|---|---|---|
| Expense Ratio | 0.20%Best | 0.71% |
| AUM | $45M | $70M |
| Dividend Yield | 1.42% | 2.87% |
| Holdings | 931 | 31 |
| YTD Return | +11.09%Best | +9.46% |
| 1Y Return | +15.05%Best | +10.12% |
| Volatility (annualized) | 12.7% | 11.3%Best |
| Max Drawdown | -19.4% | -11.7%Best |
| $10,000 over 1.9 years | $12,124Best | $11,820 |
| Top 10 Weight | 2.5%Best | 54.8% |
| Fund Family | DoubleLine Funds | First Manhattan |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jan 31, 2024 | Nov 8, 2024 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 1.9 years row, are measured over the window both funds cover: Nov 11, 2024 to Oct 14, 2026 (1.9 years).
DFVE vs FMCE 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 1.9 years both funds cover.
DFVE vs FMCE Performance
DoubleLine Fortune 500 Equal Weight ETF (DFVE) is an ETF from DoubleLine Funds and FM Compounders Equity ETF (FMCE) is an ETF from First Manhattan. Over the past year DFVE returned +15.05% while FMCE returned +10.12%. Year to date, DFVE is up 11.09% versus a gain of 9.46% for FMCE.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DFVE has been the more volatile fund, with annualized monthly volatility of 12.7% compared with 11.3% for FMCE. 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 -19.4% for DFVE and -11.7% for FMCE. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
DFVE charges 0.20% per year while FMCE charges 0.71%. On a $10,000 position that is $20 vs $71 annually, a gap of $51 per year that compounds over a long holding period. On income, DFVE currently yields 1.42% against 2.87% for FMCE.
Holdings Overlap
5.4% of DFVE's money is in holdings FMCE also owns. 77.7% of FMCE's money is in holdings DFVE also owns.
Most of FMCE is already inside DFVE. Owning both mostly buys the same companies twice.
The two holdings books were reported 107 days apart, DFVE as of Sep 15, 2026 and FMCE as of May 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
25 positions in common, counted across the 465 positions we hold weights for in DFVE and 31 in FMCE, against full books of 931 and 31.
What only one of them owns
Our book lists 3 positions for FMCE that do not appear in our book for DFVE (16.1% of the fund), and 437 for DFVE that do not appear in FMCE (94.1%).
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 DFVE | Weight in FMCE | Difference |
|---|---|---|---|
| INTCIntel Corporation | 0.25% | 5.45% | 5.20% |
| MSFTMicrosoft Corp | 0.21% | 5.42% | 5.21% |
| KKRKkr & Co. Inc. Class a | 0.20% | 5.22% | 5.02% |
| AMZNAmazon.Com Inc | 0.21% | 4.55% | 4.34% |
| GEGeneral Electric Co. | 0.21% | 4.45% | 4.24% |
| HONHoneywell International Inc | 0.21% | 4.44% | 4.23% |
| VVisa Inc Class A | 0.21% | 4.28% | 4.07% |
| BRK.BBerkshire Hathaway Inc Brk/B Us Equity | 0.23% | 4.02% | 3.79% |
| CRMSalesforce Inc Crm Us Equity | 0.21% | 3.32% | 3.11% |
| GEVGe Vernova, Inc. | 0.23% | 2.99% | 2.76% |
77.7% of FMCE is already inside DFVE.
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, DFVE or FMCE?
DFVE has an expense ratio of 0.20% while FMCE charges 0.71%. DFVE is the cheaper option, by $51 a year on a $10,000 investment.
Which performed better, DFVE or FMCE?
Over the past year DFVE returned +15.05% vs +10.12% for FMCE, so DFVE leads on 1-year performance. Over the longest common window we track (2 years), DFVE annualized +10.67% vs +9.20% for FMCE. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DFVE or FMCE?
DFVE has been the more volatile fund at 12.7% annualized versus 11.3% for FMCE. Worst drawdown: DFVE -19.4% vs FMCE -11.7%.
Should I hold both DFVE and FMCE?
DFVE and FMCE have a monthly-return correlation of 0.80, 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 DFVE and FMCE?
77.7% of FMCE's money is in holdings DFVE also owns. 77.7% of FMCE's is in holdings DFVE also owns. They hold 25 positions in common, counted across the 465 positions we hold weights for in DFVE and 31 in FMCE.
Which pays a higher dividend, DFVE or FMCE?
DFVE yields 1.42% while FMCE yields 2.87%, so FMCE currently pays the higher dividend yield.
Is FMCE better than DFVE?
DFVE has a lower expense ratio. DFVE led over 1Y and the full window. DFVE is less concentrated, with 2.5% of the fund in its ten largest positions against 54.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.