DFAT vs VTI
Dimensional US Targeted Value ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, DFAT or VTI?
Small Cap Value against Large Cap Blend.
VTI has a lower expense ratio. DFAT led over 1Y, VTI over 3Y, 5Y and the full window.
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 | DFAT | VTI |
|---|---|---|
| Expense Ratio | 0.28% | 0.03%Best |
| AUM | $14.4B | $666.9B |
| Dividend Yield | 1.35% | 1.03% |
| Holdings | 1,234 | 3,543 |
| YTD Return | +18.02%Best | +12.34% |
| 1Y Return | +21.92%Best | +18.37% |
| 3Y Return (annualized) | +16.38% | +20.62%Best |
| 5Y Return (annualized) | +11.24% | +11.68%Best |
| Volatility (annualized) | 19.7% | 15.8%Best |
| Max Drawdown | -26.1% | -25.4%Best |
| $10,000 over 5 years | $17,034 | $17,373Best |
| Fund Family | Dimensional | Vanguard (US) |
| Category | Equity | Equity |
| Style | Small Cap Value | Large Cap Blend |
| Inception | Dec 11, 1998 | May 24, 2001 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jun 14, 2021 to Sep 9, 2026 (5.2 years).
DFAT vs VTI 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 5.2 years both funds cover.
DFAT vs VTI Performance
Dimensional US Targeted Value ETF (DFAT) is an ETF from Dimensional and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year DFAT returned +21.92% while VTI returned +18.37%. Year to date, DFAT is up 18.02% versus a gain of 12.34% for VTI.
Over three years, DFAT compounded at +16.38% per year against +20.62% for VTI; over five years the annualized figures are +11.24% and +11.68% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DFAT has been the more volatile fund, with annualized monthly volatility of 19.7% compared with 15.8% for VTI. 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 -26.1% for DFAT and -25.4% for VTI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.79. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
DFAT charges 0.28% per year while VTI charges 0.03%. On a $10,000 position that is $28 vs $3 annually, a gap of $25 per year that compounds over a long holding period. On income, DFAT currently yields 1.35% against 1.03% for VTI.
Holdings Overlap
At least 75.1% of DFAT's money is in holdings VTI also owns.
Stated as a floor: for VTI, our book for it covers 90.6% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
Most of DFAT is already inside VTI. Owning both mostly buys the same companies twice.
875 positions in common, counted across the 1,194 positions we hold weights for in DFAT and 2,787 in VTI, against full books of 1,234 and 3,543.
Top Shared Holdings
| Stock | Weight in DFAT | Weight in VTI | Difference |
|---|---|---|---|
| OVVOvintiv Inc. | 0.72% | 0.02% | 0.70% |
| PRCentennial Resource Development Inc/de | 0.72% | 0.02% | 0.70% |
| TOLToll Brothers Inc | 0.66% | 0.02% | 0.64% |
| BALLBall Corp. | 0.66% | 0.02% | 0.64% |
| BWABorgwarner Inc. | 0.64% | 0.02% | 0.62% |
| CNHI:ASCnh Industrial Nv | 0.65% | 0.01% | 0.64% |
| PFGCPerformance Food Group Co | 0.60% | 0.02% | 0.58% |
| APAApa Corp | 0.58% | 0.02% | 0.56% |
| ALLYAlly Financial Inc. | 0.58% | 0.02% | 0.56% |
| WCCWesco International Inc | 0.56% | 0.02% | 0.54% |
75.1% of DFAT is already inside VTI.
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, DFAT or VTI?
DFAT has an expense ratio of 0.28% while VTI charges 0.03%. VTI is the cheaper option, by $25 a year on a $10,000 investment.
Which performed better, DFAT or VTI?
Over the past year DFAT returned +21.92% vs +18.37% for VTI, so DFAT leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DFAT or VTI?
DFAT has been the more volatile fund at 19.7% annualized versus 15.8% for VTI. Worst drawdown: DFAT -26.1% vs VTI -25.4%.
Should I hold both DFAT and VTI?
DFAT and VTI have a monthly-return correlation of 0.79, 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 DFAT and VTI?
At least 75.1% of DFAT's money is in holdings VTI also owns. Our book for VTI is partial, so the real figure is this or higher. They hold 875 positions in common, counted across the 1,194 positions we hold weights for in DFAT and 2,787 in VTI.
Which pays a higher dividend, DFAT or VTI?
DFAT yields 1.35% while VTI yields 1.03%, so DFAT currently pays the higher dividend yield.
Is VTI better than DFAT?
VTI has a lower expense ratio. DFAT led over 1Y, VTI over 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.