DFGR vs IVV
Dimensional Global Real Estate ETF vs iShares Core S&P 500 ETF
Which is better, DFGR or IVV?
Large Cap Value against Large Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 41.7%.
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 | DFGR | IVV |
|---|---|---|
| Expense Ratio | 0.22% | 0.03%Best |
| AUM | $3.8B | $876.4B |
| Dividend Yield | 3.71% | 1.06% |
| Holdings | 449 | 508 |
| YTD Return | +6.22% | +12.39%Best |
| 1Y Return | +5.75% | +16.61%Best |
| 3Y Return (annualized) | +9.34% | +21.38%Best |
| 5Y Return (annualized) | - | +13.51% |
| Volatility (annualized) | 16.0% | 12.5%Best |
| Max Drawdown | -21.3% | -18.8%Best |
| $10,000 over 3.8 years | $12,654 | $20,537Best |
| Top 10 Weight | 41.7% | 37.8%Best |
| Fund Family | Dimensional | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Dec 6, 2022 | May 15, 2000 |
Volatility and max drawdown, and the $10,000 over 3.8 years row, are measured over the window both funds cover: Dec 7, 2022 to Sep 18, 2026 (3.8 years).
DFGR vs IVV 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 3.8 years both funds cover.
DFGR vs IVV Performance
Dimensional Global Real Estate ETF (DFGR) is an ETF from Dimensional and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year DFGR returned +5.75% while IVV returned +16.61%. Year to date, DFGR is up 6.22% versus a gain of 12.39% for IVV.
Over three years, DFGR compounded at +9.34% per year against +21.38% for IVV. Across the full 4-year window we track, IVV has the edge at +20.85% annualized vs +6.39%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DFGR has been the more volatile fund, with annualized monthly volatility of 16.0% compared with 12.5% 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 -21.3% for DFGR and -18.8% for IVV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.69. They move together some of the time, and apart the rest.
Fees and Cost Over Time
DFGR charges 0.22% per year while IVV charges 0.03%. On a $10,000 position that is $22 vs $3 annually, a gap of $19 per year that compounds over a long holding period. On income, DFGR currently yields 3.71% against 1.06% for IVV.
Holdings Overlap
56.5% of DFGR's money is in holdings IVV also owns. 1.7% of IVV's money is in holdings DFGR also owns.
The two portfolios partly overlap.
27 positions in common, counted across the 415 positions we hold weights for in DFGR and 490 in IVV, against full books of 449 and 508.
What only one of them owns
Our book lists 455 positions for IVV that do not appear in our book for DFGR (97.0% of the fund), and 92 for DFGR that do not appear in IVV (17.7%).
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 DFGR | Weight in IVV | Difference |
|---|---|---|---|
| WELLWelltower, Inc. | 8.45% | 0.25% | 8.20% |
| PLDPrologis Inc | 6.69% | 0.20% | 6.49% |
| EQIXEquinix Inc. Real Estate Investment Trust | 5.21% | 0.16% | 5.05% |
| AMTAmerican Tower Corporation | 4.14% | 0.12% | 4.02% |
| SPGSimon Property Group Inc | 3.49% | 0.10% | 3.39% |
| DLRDigital Realty Trust Inc. | 3.44% | 0.10% | 3.34% |
| ORealty Income Corp. | 2.90% | 0.09% | 2.81% |
| PSAPublic Storage | 2.59% | 0.08% | 2.51% |
| EQRVivmark Residential | 2.43% | 0.07% | 2.36% |
| VTRVentas Inc . | 2.33% | 0.07% | 2.26% |
56.5% of DFGR is already inside IVV.
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, DFGR or IVV?
DFGR has an expense ratio of 0.22% while IVV charges 0.03%. IVV is the cheaper option, by $19 a year on a $10,000 investment.
Which performed better, DFGR or IVV?
Over the past year DFGR returned +5.75% vs +16.61% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (4 years), DFGR annualized +6.39% vs +20.85% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DFGR or IVV?
DFGR has been the more volatile fund at 16.0% annualized versus 12.5% for IVV. Worst drawdown: DFGR -21.3% vs IVV -18.8%.
Should I hold both DFGR and IVV?
DFGR and IVV have a monthly-return correlation of 0.69, 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 DFGR and IVV?
56.5% of DFGR's money is in holdings IVV also owns. 1.7% of IVV's is in holdings DFGR also owns. They hold 27 positions in common, counted across the 415 positions we hold weights for in DFGR and 490 in IVV.
Which pays a higher dividend, DFGR or IVV?
DFGR yields 3.71% while IVV yields 1.06%, so DFGR currently pays the higher dividend yield.
Is IVV better than DFGR?
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 41.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.