DFLV vs MFSV
Dimensional US Large Cap Value ETF vs MFS Active Value ETF
Which is better, DFLV or MFSV?
DFLV has been ahead.
DFLV has a lower expense ratio. DFLV led over 1Y and the full window. DFLV is less concentrated, with 25.9% of the fund in its ten largest positions against 33.0%.
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 | DFLV | MFSV |
|---|---|---|
| Expense Ratio | 0.21%Best | 0.44% |
| AUM | $7.3B | $673M |
| Dividend Yield | 1.35% | 1.33% |
| Holdings | 675 | 124 |
| YTD Return | +23.28%Best | +14.38% |
| 1Y Return | +28.51%Best | +18.11% |
| 3Y Return (annualized) | +22.07% | - |
| Volatility (annualized) | 10.2% | 10.0%Best |
| Max Drawdown | -15.3% | -12.7%Best |
| $10,000 over 1.9 years | $13,539Best | $12,449 |
| Top 10 Weight | 25.9%Best | 33.0% |
| Fund Family | Dimensional | MFS Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Dec 6, 2022 | Dec 5, 2024 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 1.9 years row, are measured over the window both funds cover: Dec 5, 2024 to Nov 11, 2026 (1.9 years).
DFLV vs MFSV 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 1.9 years both funds cover.
DFLV vs MFSV Performance
Dimensional US Large Cap Value ETF (DFLV) is an ETF from Dimensional and MFS Active Value ETF (MFSV) is an ETF from MFS Investment Management. Over the past year DFLV returned +28.51% while MFSV returned +18.11%. Year to date, DFLV is up 23.28% versus a gain of 14.38% for MFSV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DFLV has been the more volatile fund, with annualized monthly volatility of 10.2% compared with 10.0% for MFSV. 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 -15.3% for DFLV and -12.7% for MFSV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.85. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
DFLV charges 0.21% per year while MFSV charges 0.44%. On a $10,000 position that is $21 vs $44 annually, a gap of $23 per year that compounds over a long holding period. On income, DFLV currently yields 1.35% against 1.33% for MFSV.
Holdings Overlap
32.5% of DFLV's money is in holdings MFSV also owns. 58.5% of MFSV's money is in holdings DFLV also owns.
The two portfolios partly overlap.
34 positions in common, counted across the 335 positions we hold weights for in DFLV and 61 in MFSV, against full books of 675 and 124.
What only one of them owns
Our book lists 26 positions for MFSV that do not appear in our book for DFLV (40.1% of the fund), and 239 for DFLV that do not appear in MFSV (66.4%).
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 DFLV | Weight in MFSV | Difference |
|---|---|---|---|
| AMZNAmazon.Com Inc | 4.55% | 5.38% | 0.83% |
| JPMJpmorgan Chase | 4.50% | 4.06% | 0.44% |
| XOMExxonmobil Holdings Corp Common Stock Usd | 4.05% | 3.12% | 0.93% |
| CVXChevron Corp | 2.07% | 2.29% | 0.22% |
| JNJJohnson & Johnson - Common | 2.23% | 1.56% | 0.67% |
| CICigna Corp. | 0.68% | 2.83% | 2.15% |
| COPConocophillips Common Stock USD 0.01 | 1.06% | 2.14% | 1.08% |
| RTXRtx Corp | 1.01% | 2.10% | 1.09% |
| BACBank of America Corp.: Financials | 0.74% | 2.12% | 1.38% |
| MSMorgan Stanley | 0.94% | 1.89% | 0.95% |
58.5% of MFSV is already inside DFLV.
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, DFLV or MFSV?
DFLV has an expense ratio of 0.21% while MFSV charges 0.44%. DFLV is the cheaper option, by $23 a year on a $10,000 investment.
Which performed better, DFLV or MFSV?
Over the past year DFLV returned +28.51% vs +18.11% for MFSV, so DFLV leads on 1-year performance. Over the longest common window we track (2 years), DFLV annualized +17.29% vs +12.22% for MFSV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DFLV or MFSV?
DFLV has been the more volatile fund at 10.2% annualized versus 10.0% for MFSV. Worst drawdown: DFLV -15.3% vs MFSV -12.7%.
Should I hold both DFLV and MFSV?
DFLV and MFSV have a monthly-return correlation of 0.85, 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 DFLV and MFSV?
58.5% of MFSV's money is in holdings DFLV also owns. 58.5% of MFSV's is in holdings DFLV also owns. They hold 34 positions in common, counted across the 335 positions we hold weights for in DFLV and 61 in MFSV.
Which pays a higher dividend, DFLV or MFSV?
DFLV yields 1.35% while MFSV yields 1.33%, so DFLV currently pays the higher dividend yield.
Is MFSV better than DFLV?
DFLV has a lower expense ratio. DFLV led over 1Y and the full window. DFLV is less concentrated, with 25.9% of the fund in its ten largest positions against 33.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.