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FMCX vs DFIV

FM Focus Equity ETF vs Dimensional International Value ETF

FMCX

FM Focus Equity ETF

First Manhattan Co.

Annual cost

0.71%

Fund size

$115M

DFIV

Dimensional International Value ETF

Dimensional Fund Advisors

Annual cost

0.27%

Fund size

$19.3B

Key differences

  • DFIV costs 0.44% less per year.
  • DFIV is significantly larger than FMCX — larger funds tend to be more liquid and less likely to close.
  • FMCX covers north america markets; DFIV covers global ex us.
  • Over the last 3 years, DFIV has delivered higher annualized returns.
  • DFIV has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FMCXDFIV
Annual cost (TER)0.71%0.27%
Fund size (AUM)$115M$19.3B
Since20221999
Dividend yield0.34%2.58%
Asset classequityequity
Regionnorth americaglobal ex us
Strategyactive selectionactive selection
CAGR 1Y+18.7%+36.9%
CAGR 3Y+17.2%+23.5%
CAGR 5YN/AN/A
Sharpe 3Y0.951.27
Volatility 1Y12.96%13.72%
Max drawdown-17.70%-25.42%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to FMCX and DFIV