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FVAL vs DFLV

Fidelity Value Factor ETF vs Dimensional US Large Cap Value ETF

FVAL

Fidelity Value Factor ETF

Fidelity Investments

Annual cost

0.15%

Fund size

$1.2B

DFLV

Dimensional US Large Cap Value ETF

Dimensional Fund Advisors

Annual cost

0.21%

Fund size

$5.9B

Key differences

  • FVAL costs 0.06% less per year.
  • DFLV is significantly larger than FVAL — larger funds tend to be more liquid and less likely to close.
  • FVAL follows a index tracking strategy; DFLV uses active selection.
  • Over the last 3 years, FVAL has delivered higher annualized returns.
  • FVAL has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FVALDFLV
Annual cost (TER)0.15%0.21%
Fund size (AUM)$1.2B$5.9B
Since20162022
Dividend yield1.56%1.46%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingactive selection
CAGR 1Y+31.2%+32.4%
CAGR 3Y+21.4%+19.2%
CAGR 5Y+12.4%N/A
Sharpe 3Y1.181.08
Volatility 1Y11.74%11.35%
Max drawdown-37.26%-16.80%

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

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