DFUS vs YLDE
Dimensional US Equity Market ETF vs Franklin ClearBridge Enhanced Income ETF
Which is better, DFUS or YLDE?
Each has led over a different period.
DFUS has a lower expense ratio. DFUS led over 3Y, 5Y and the full window, YLDE over 1Y. DFUS is less concentrated, with 36.0% of the fund in its ten largest positions against 50.3%.
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 | DFUS | YLDE |
|---|---|---|
| Expense Ratio | 0.09%Best | 0.48% |
| AUM | $20.9B | $177M |
| Dividend Yield | 0.88% | 7.23% |
| Holdings | 4,493 | 114 |
| YTD Return | +12.35%Best | +12.21% |
| 1Y Return | +12.83% | +14.49%Best |
| 3Y Return (annualized) | +21.59%Best | +18.03% |
| 5Y Return (annualized) | +11.57%Best | +10.51% |
| Volatility (annualized) | 15.4% | 13.7%Best |
| Max Drawdown | -24.6% | -20.2%Best |
| $10,000 over 5 years | $17,288Best | $16,482 |
| Top 10 Weight | 36.0%Best | 50.3% |
| Fund Family | Dimensional | Franklin Templeton Investments (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Sep 25, 2001 | May 22, 2017 |
Volatility and max drawdown are measured over the window both funds cover: Jun 14, 2021 to Nov 11, 2026 (5.4 years).
DFUS vs YLDE 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 5.4 years both funds cover.
DFUS vs YLDE Performance
Dimensional US Equity Market ETF (DFUS) is an ETF from Dimensional and Franklin ClearBridge Enhanced Income ETF (YLDE) is an ETF from Franklin Templeton Investments (US). Over the past year DFUS returned +12.83% while YLDE returned +14.49%. Year to date, DFUS is up 12.35% versus a gain of 12.21% for YLDE.
Over three years, DFUS compounded at +21.59% per year against +18.03% for YLDE; over five years the annualized figures are +11.57% and +10.51% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DFUS has been the more volatile fund, with annualized monthly volatility of 15.4% compared with 13.7% for YLDE. 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 -24.6% for DFUS and -20.2% for YLDE. 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
DFUS charges 0.09% per year while YLDE charges 0.48%. On a $10,000 position that is $9 vs $48 annually, a gap of $39 per year that compounds over a long holding period. On income, DFUS currently yields 0.88% against 7.23% for YLDE.
Holdings Overlap
13.4% of DFUS's money is in holdings YLDE also owns. 75.0% of YLDE's money is in holdings DFUS also owns.
Most of YLDE is already inside DFUS. Owning both mostly buys the same companies twice.
40 positions in common, counted across the 2,227 positions we hold weights for in DFUS and 58 in YLDE, against full books of 4,493 and 114.
What only one of them owns
Our book lists 7 positions for YLDE that do not appear in our book for DFUS (7.2% of the fund), and 931 for DFUS that do not appear in YLDE (84.8%).
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 DFUS | Weight in YLDE | Difference |
|---|---|---|---|
| AMZNAmazon.Com Inc | 3.51% | 10.83% | 7.32% |
| METAMeta Platforms Inc | 2.31% | 4.68% | 2.37% |
| GOOGLAlphabet Inc | 2.85% | 3.62% | 0.77% |
| MAMastercard Inc | 0.69% | 3.28% | 2.59% |
| WMTWalmart Inc | 0.72% | 2.96% | 2.24% |
| VVisa Inc Class A | 0.94% | 2.56% | 1.62% |
| EBAYEbay Inc. | 0.07% | 3.31% | 3.24% |
| DASHDoordash Inc | 0.10% | 3.17% | 3.07% |
| CVNACarvana Co. Class A | 0.05% | 3.09% | 3.04% |
| COSTCostco Wholesale Corp. | 0.62% | 2.49% | 1.87% |
75.0% of YLDE is already inside DFUS.
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, DFUS or YLDE?
DFUS has an expense ratio of 0.09% while YLDE charges 0.48%. DFUS is the cheaper option, by $39 a year on a $10,000 investment.
Which performed better, DFUS or YLDE?
Over the past year DFUS returned +12.83% vs +14.49% for YLDE, so YLDE leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DFUS or YLDE?
DFUS has been the more volatile fund at 15.4% annualized versus 13.7% for YLDE. Worst drawdown: DFUS -24.6% vs YLDE -20.2%.
Should I hold both DFUS and YLDE?
DFUS and YLDE 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 DFUS and YLDE?
75.0% of YLDE's money is in holdings DFUS also owns. 75.0% of YLDE's is in holdings DFUS also owns. They hold 40 positions in common, counted across the 2,227 positions we hold weights for in DFUS and 58 in YLDE.
Which pays a higher dividend, DFUS or YLDE?
DFUS yields 0.88% while YLDE yields 7.23%, so YLDE currently pays the higher dividend yield.
Is YLDE better than DFUS?
DFUS has a lower expense ratio. DFUS led over 3Y, 5Y and the full window, YLDE over 1Y. DFUS is less concentrated, with 36.0% of the fund in its ten largest positions against 50.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.