DLCU vs ETY
DFA US Large Company ETF vs Eaton Vance Tax-Managed Diversified Equity Income Fund
Which is better, DLCU or ETY?
DLCU costs less.
DLCU has a lower expense ratio. DLCU is less concentrated, with 38.1% of the fund in its ten largest positions against 50.5%.
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 | DLCU | ETY |
|---|---|---|
| Expense Ratio | 0.06%Best | 1.06% |
| AUM | $14.7B | $1.8B |
| Dividend Yield | 0.17% | 7.52% |
| Holdings | 509 | 61 |
| YTD Return | +0.04%Best | -2.20% |
| 1Y Return | - | -2.84% |
| 3Y Return (annualized) | - | +15.48% |
| 5Y Return (annualized) | - | +8.08% |
| Top 10 Weight | 38.1%Best | 50.5% |
| Fund Family | Dimensional | Eaton Vance |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Aug 4, 2026 | Nov 27, 2006 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
DLCU vs ETY 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.
DLCU vs ETY Performance
DFA US Large Company ETF (DLCU) is an ETF from Dimensional and Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) is an ETF from Eaton Vance. Year to date, DLCU is up 0.04% versus a loss of 2.20% for ETY.
Past performance does not guarantee future results.
Fees and Cost Over Time
DLCU charges 0.06% per year while ETY charges 1.06%. On a $10,000 position that is $6 vs $106 annually, a gap of $100 per year that compounds over a long holding period. On income, DLCU currently yields 0.17% against 7.52% for ETY.
Holdings Overlap
47.2% of DLCU's money is in holdings ETY also owns. 89.5% of ETY's money is in holdings DLCU also owns.
Most of ETY is already inside DLCU. Owning both mostly buys the same companies twice.
The two holdings books were reported 46 days apart, DLCU as of Sep 15, 2026 and ETY as of Jul 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
43 positions in common, counted across the 505 positions we hold weights for in DLCU and 58 in ETY, against full books of 509 and 61.
What only one of them owns
Our book lists 10 positions for ETY that do not appear in our book for DLCU (7.3% of the fund), and 450 for DLCU that do not appear in ETY (52.0%).
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 DLCU | Weight in ETY | Difference |
|---|---|---|---|
| NVDANvidia Corp | 7.98% | 9.28% | 1.30% |
| AAPLApple, Inc | 7.33% | 7.05% | 0.28% |
| MSFTMicrosoft Corp | 5.56% | 6.19% | 0.63% |
| GOOGAlphabet Inc. C | 2.41% | 7.02% | 4.61% |
| AMZNAmazon.Com Inc | 3.81% | 5.50% | 1.69% |
| AVGOBroadcom Inc | 2.60% | 4.14% | 1.54% |
| JPMJpmorgan Chase | 1.43% | 3.23% | 1.80% |
| METAMeta Platforms Inc | 2.16% | 2.35% | 0.19% |
| LLYEli Lilly & Co. | 1.35% | 2.66% | 1.31% |
| VVisa Inc Class A | 0.95% | 2.76% | 1.81% |
89.5% of ETY is already inside DLCU.
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, DLCU or ETY?
DLCU has an expense ratio of 0.06% while ETY charges 1.06%. DLCU is the cheaper option, by $100 a year on a $10,000 investment.
What is the holdings overlap between DLCU and ETY?
89.5% of ETY's money is in holdings DLCU also owns. 89.5% of ETY's is in holdings DLCU also owns. They hold 43 positions in common, counted across the 505 positions we hold weights for in DLCU and 58 in ETY.
Which pays a higher dividend, DLCU or ETY?
DLCU yields 0.17% while ETY yields 7.52%, so ETY currently pays the higher dividend yield.
Is ETY better than DLCU?
DLCU has a lower expense ratio. DLCU is less concentrated, with 38.1% of the fund in its ten largest positions against 50.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.