DFVE vs FMCE
DoubleLine Fortune 500 Equal Weight ETF vs FM Compounders Equity ETF
Which is better, DFVE or FMCE?
DFVE has been ahead.
DFVE has a lower expense ratio. DFVE led over 1Y 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 | DFVE | FMCE |
|---|---|---|
| Expense Ratio | 0.20%Best | 0.71% |
| AUM | $46M | $69M |
| Dividend Yield | 1.33% | 2.84% |
| Holdings | 932 | 31 |
| YTD Return | +16.11%Best | +11.02% |
| 1Y Return | +19.86%Best | +12.59% |
| Volatility (annualized) | 12.7% | 11.0%Best |
| Max Drawdown | -19.4% | -11.7%Best |
| $10,000 over 2 years | $12,708Best | $12,017 |
| Fund Family | DoubleLine Funds | First Manhattan |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jan 31, 2024 | Nov 8, 2024 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Nov 11, 2024 to Nov 10, 2026 (2 years).
DFVE vs FMCE 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 2 years both funds cover.
DFVE vs FMCE Performance
DoubleLine Fortune 500 Equal Weight ETF (DFVE) is an ETF from DoubleLine Funds and FM Compounders Equity ETF (FMCE) is an ETF from First Manhattan. Over the past year DFVE returned +19.86% while FMCE returned +12.59%. Year to date, DFVE is up 16.11% versus a gain of 11.02% for FMCE.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DFVE has been the more volatile fund, with annualized monthly volatility of 12.7% compared with 11.0% for FMCE. 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 -19.4% for DFVE and -11.7% for FMCE. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.78. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
DFVE charges 0.20% per year while FMCE charges 0.71%. On a $10,000 position that is $20 vs $71 annually, a gap of $51 per year that compounds over a long holding period. On income, DFVE currently yields 1.33% against 2.84% for FMCE.
Holdings Overlap
At least 5.2% of DFVE's money is in holdings FMCE also owns.
Stated as a floor: for FMCE, our book for it covers 84.3% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
DFVE and FMCE share little of their money.
The two holdings books were reported 59 days apart, DFVE as of Oct 29, 2026 and FMCE as of Aug 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
24 positions in common, counted across the 465 positions we hold weights for in DFVE and 30 in FMCE, against full books of 932 and 31.
Top Shared Holdings
| Stock | Weight in DFVE | Weight in FMCE | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 0.23% | 5.95% | 5.72% |
| KKRKkr & Co. Inc. Class A | 0.19% | 5.81% | 5.62% |
| VVisa Inc Class A | 0.24% | 4.84% | 4.60% |
| GEGeneral Electric Co. | 0.20% | 4.49% | 4.29% |
| AMZNAmazon.Com Inc | 0.20% | 4.25% | 4.05% |
| BRK.BBerkshire Hathaway Inc Brk/B Us Equity | 0.24% | 4.16% | 3.92% |
| INTCIntel Corp. | 0.23% | 4.14% | 3.91% |
| TMOThermo Fisher | 0.25% | 4.07% | 3.82% |
| PSXPhillips 66 | 0.25% | 3.15% | 2.90% |
| UBERUber Technologies Inc | 0.18% | 3.06% | 2.88% |
You are not choosing between two funds in isolation.
Whichever of DFVE and FMCE you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DFVE or FMCE?
DFVE has an expense ratio of 0.20% while FMCE charges 0.71%. DFVE is the cheaper option, by $51 a year on a $10,000 investment.
Which performed better, DFVE or FMCE?
Over the past year DFVE returned +19.86% vs +12.59% for FMCE, so DFVE leads on 1-year performance. Over the longest common window we track (2 years), DFVE annualized +12.73% vs +9.62% for FMCE. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DFVE or FMCE?
DFVE has been the more volatile fund at 12.7% annualized versus 11.0% for FMCE. Worst drawdown: DFVE -19.4% vs FMCE -11.7%.
Should I hold both DFVE and FMCE?
DFVE and FMCE have a monthly-return correlation of 0.78, 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 DFVE and FMCE?
At least 5.2% of DFVE's money is in holdings FMCE also owns. Our book for FMCE is partial, so the real figure is this or higher. They hold 24 positions in common, counted across the 465 positions we hold weights for in DFVE and 30 in FMCE.
Which pays a higher dividend, DFVE or FMCE?
DFVE yields 1.33% while FMCE yields 2.84%, so FMCE currently pays the higher dividend yield.
Is FMCE better than DFVE?
DFVE has a lower expense ratio. DFVE led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.