DFEV vs IVV
DFEV vs IVV
Dimensional Emerging Markets Value ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. DFEV delivered stronger 1-year returns. DFEV offers more diversification with 3498 holdings.
Side-by-Side Comparison
| Metric | DFEV | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.43% | 0.03% | |
| AUM | $2.0B | $865.2B | |
| Dividend Yield | 2.04% | 1.09% | |
| Holdings | 3,595 | 508 | |
| YTD Return | +20.83% | +13.80% | |
| 1Y Return | +37.99% | +23.70% | |
| 3Y Return (annualized) | +22.29% | +21.49% | |
| 5Y Return (annualized) | - | +13.43% | |
| Volatility (annualized) | 16.7% | 15.1% | |
| Max Drawdown | -18.5% | -56.5% | |
| Fund Family | Dimensional | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Apr 26, 2022 | May 15, 2000 |
DFEV vs IVV Performance
Dimensional Emerging Markets Value ETF (DFEV) is a ETF from Dimensional and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year DFEV returned +37.99% while IVV returned +23.70%. Year to date, DFEV is up 20.83% versus a gain of 13.80% for IVV.
Over three years, DFEV compounded at +22.29% per year against +21.49% for IVV. Across the full 4-year window we track, DFEV has the edge at +15.99% annualized vs +7.05%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DFEV has been the more volatile fund, with annualized monthly volatility of 16.7% compared with 15.1% for IVV. 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 -18.5% for DFEV and -56.5% for IVV. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.68. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
DFEV charges 0.43% per year while IVV charges 0.03%. On a $10,000 position that is $43 vs $3 annually, a gap of $40 per year that compounds over a long holding period. On income, DFEV currently yields 2.04% against 1.09% for IVV.
Holdings Overlap
DFEV and IVV share 0 holdings out of 4003 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, DFEV or IVV?
DFEV has an expense ratio of 0.43% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $40 per year of difference.
Which performed better, DFEV or IVV?
Over the past year DFEV returned +37.99% vs +23.70% for IVV, so DFEV leads on 1-year performance. Over the longest common window we track (4 years), DFEV annualized +15.99% vs +7.05% for IVV. Past performance does not guarantee future results.
Which is riskier, DFEV or IVV?
DFEV has been the more volatile fund at 16.7% annualized versus 15.1% for IVV. Worst drawdown: DFEV -18.5% vs IVV -56.5%.
Should I hold both DFEV and IVV?
DFEV and IVV have a monthly-return correlation of 0.68, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between DFEV and IVV?
DFEV and IVV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 4003 unique securities.
Which pays a higher dividend, DFEV or IVV?
DFEV yields 2.04% while IVV yields 1.09%, so DFEV currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.