DFVX vs FLCC
Dimensional US Large Cap Vector ETF vs Federated Hermes MDT Large Cap Core ETF
Which is better, DFVX or FLCC?
Each has led over a different period.
DFVX has a lower expense ratio. DFVX led over 1Y, FLCC over the full window. The two have moved almost in lockstep, correlation 0.92. DFVX is less concentrated, with 33.1% of the fund in its ten largest positions against 38.9%.
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 | DFVX | FLCC |
|---|---|---|
| Expense Ratio | 0.19%Best | 0.29% |
| AUM | $551M | $179M |
| Dividend Yield | 1.13% | 0.45% |
| Holdings | 325 | 304 |
| YTD Return | +14.81%Best | +12.79% |
| 1Y Return | +18.85%Best | +16.11% |
| 3Y Return (annualized) | +20.20% | - |
| Volatility (annualized) | 11.4%Best | 12.4% |
| Max Drawdown | -16.7%Best | -19.2% |
| $10,000 over 2.2 years | $13,796 | $14,419Best |
| Top 10 Weight | 33.1%Best | 38.9% |
| Fund Family | Dimensional | Federated Hermes |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 2, 2023 | Jul 30, 2024 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 2.2 years row, are measured over the window both funds cover: Jul 31, 2024 to Oct 14, 2026 (2.2 years).
DFVX vs FLCC 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 2.2 years both funds cover.
DFVX vs FLCC Performance
Dimensional US Large Cap Vector ETF (DFVX) is an ETF from Dimensional and Federated Hermes MDT Large Cap Core ETF (FLCC) is an ETF from Federated Hermes. Over the past year DFVX returned +18.85% while FLCC returned +16.11%. Year to date, DFVX is up 14.81% versus a gain of 12.79% for FLCC.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FLCC has been the more volatile fund, with annualized monthly volatility of 12.4% compared with 11.4% for DFVX. 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 -16.7% for DFVX and -19.2% for FLCC. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
DFVX charges 0.19% per year while FLCC charges 0.29%. On a $10,000 position that is $19 vs $29 annually, a gap of $10 per year that compounds over a long holding period. On income, DFVX currently yields 1.13% against 0.45% for FLCC.
Holdings Overlap
55.4% of DFVX's money is in holdings FLCC also owns. 74.3% of FLCC's money is in holdings DFVX also owns.
Most of FLCC is already inside DFVX. Owning both mostly buys the same companies twice.
87 positions in common, counted across the 325 positions we hold weights for in DFVX and 155 in FLCC, against full books of 325 and 304.
What only one of them owns
Our book lists 64 positions for FLCC that do not appear in our book for DFVX (25.6% of the fund), and 216 for DFVX that do not appear in FLCC (43.3%).
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 DFVX | Weight in FLCC | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 6.35% | 4.21% | 2.14% |
| NVDANvidia Corp | 1.22% | 8.62% | 7.40% |
| GOOGLAlphabet Inc | 2.94% | 5.88% | 2.94% |
| AMZNAmazon.Com Inc | 5.06% | 3.20% | 1.86% |
| AAPLApple, Inc | 0.04% | 6.81% | 6.77% |
| METAMeta Platforms Inc | 5.27% | 1.23% | 4.04% |
| MUMicron Technology, Inc. | 2.78% | 1.44% | 1.34% |
| XOMExxonmobil Holdings Corp Common Stock Usd | 2.25% | 0.73% | 1.52% |
| COSTCostco Wholesale Corp. | 0.87% | 2.06% | 1.19% |
| JNJJohnson & Johnson - Common | 2.11% | 0.77% | 1.34% |
74.3% of FLCC is already inside DFVX.
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, DFVX or FLCC?
DFVX has an expense ratio of 0.19% while FLCC charges 0.29%. DFVX is the cheaper option, by $10 a year on a $10,000 investment.
Which performed better, DFVX or FLCC?
Over the past year DFVX returned +18.85% vs +16.11% for FLCC, so DFVX leads on 1-year performance. Over the longest common window we track (2 years), DFVX annualized +15.75% vs +18.10% for FLCC. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DFVX or FLCC?
FLCC has been the more volatile fund at 12.4% annualized versus 11.4% for DFVX. Worst drawdown: DFVX -16.7% vs FLCC -19.2%.
Should I hold both DFVX and FLCC?
DFVX and FLCC have a monthly-return correlation of 0.92, 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 DFVX and FLCC?
74.3% of FLCC's money is in holdings DFVX also owns. 74.3% of FLCC's is in holdings DFVX also owns. They hold 87 positions in common, counted across the 325 positions we hold weights for in DFVX and 155 in FLCC.
Which pays a higher dividend, DFVX or FLCC?
DFVX yields 1.13% while FLCC yields 0.45%, so DFVX currently pays the higher dividend yield.
Is FLCC better than DFVX?
DFVX has a lower expense ratio. DFVX led over 1Y, FLCC over the full window. The two have moved almost in lockstep, correlation 0.92. DFVX is less concentrated, with 33.1% of the fund in its ten largest positions against 38.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.