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FVAL vs DFIV

Fidelity Value Factor ETF vs Dimensional International Value ETF

FVAL

Fidelity Value Factor ETF

Fidelity Investments

Annual cost

0.15%

Fund size

$1.2B

DFIV

Dimensional International Value ETF

Dimensional Fund Advisors

Annual cost

0.27%

Fund size

$19.3B

Key differences

  • FVAL costs 0.12% less per year.
  • DFIV is significantly larger than FVAL — larger funds tend to be more liquid and less likely to close.
  • FVAL covers north america markets; DFIV covers global ex us.
  • FVAL follows a index tracking strategy; DFIV uses active selection.
  • 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

FVALDFIV
Annual cost (TER)0.15%0.27%
Fund size (AUM)$1.2B$19.3B
Since20161999
Dividend yield1.56%2.58%
Asset classequityequity
Regionnorth americaglobal ex us
Strategyindex trackingactive selection
CAGR 1Y+31.2%+36.9%
CAGR 3Y+21.4%+23.5%
CAGR 5Y+12.4%N/A
Sharpe 3Y1.181.27
Volatility 1Y11.74%13.72%
Max drawdown-37.26%-25.42%

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

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