Dimensional - US Large Cap Value ETF
$40.91−0.06 (−0.13%)
- Expense ratio
- 0.21%
- Fund size
- $7.0B
- 1Y return
- +27.1%
- Yield · Last 12 months
- 1.35%
- Holdings
- 343
- Volume · 30D
- 0.7M sh
- NAV per share
- $40.94
- 52W range
The ETF.net DFLV Grade
Score 81 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.AScore 92Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 67Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 75Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 77Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 83Category rank
Our read on DFLV
ADimensional's value playbook in an ETF wrapper: large-cap value that also screens for profitability, spread across roughly 300 names, run by research rather than an index. Active by design, index-fund cheap in practice.
The ETF seeks long-term capital appreciation. Its investment approach combines research, portfolio design, portfolio management, and trading, emphasizing long-term expected-return drivers and broad diversification.
Why people hold it
- Costs 0.21% a year, well under half the 0.55% median for US value funds in its peer group. Active management without the active price tag.
- Cheap alone doesn't get you in. The portfolio screens on value and profitability together, a filter aimed at cut-rate stocks that actually earn money.
- No index to shadow. Dimensional can trade on its own schedule and spreads the money across about 300 large-cap names instead of a handful of bets.
- Sits in the top tier of the US value funds we grade, and it is a multi-billion-dollar fund that trades actively, so getting in and out is rarely the hard part.
Worth knowing
- Not the cheapest seat in the room: AVLV and SEIV run 0.15%, WTV 0.12%. You're paying a bit more for Dimensional's process.
- Being benchmark-free cuts both ways. With no index to measure against, there is no tracking-error scoreboard, and outcomes ride on the manager's judgment.
- Launched in December 2022, so the ETF's own record is short, and a value tilt behaves differently from the broad market. It pays quarterly.
DFLV Holdings
- Stocks
- 343
- 25%
- JPM
Sectors
- Financials21.6%
- Health Care15.2%
- Energy14.4%
- Industrials13.0%
- Technology10.5%
- Consumer Discr.7.9%
- Materials6.6%
- Communication5.8%
- Cons. Staples4.6%
- Real Estate0.4%
- Utilities0.0%
Geography
- United States94.52%
- Ireland2.11%
- United Kingdom1.49%
- Switzerland0.95%
- Netherlands0.57%
- Bermuda0.36%
DFLV Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | DFLV |
|---|---|
| Year to date | +20.6% |
| 1 month | −2.5% |
| 3 months | +3.3% |
| 1 year | +27.1% |
| 3 years | +20.0% |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | DFLV |
|---|---|---|
| 2026 YTD | +20.6% | |
| 2025 | +15.9% | |
| 2024 | +12.9% | |
| 2023 | +12.3% | |
| 2022 | −0.7% |
DFLV in the news
ETF.net Research hasn’t filed on DFLV yet — coverage lands here as it’s written.
DFLV Dividends
- 1.35%
- $0.55
- $0.14 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 23, 2026 | Jun 25, 2026 | $0.14 |
| Mar 24, 2026 | Mar 26, 2026 | $0.13 |
| Dec 16, 2025 | Dec 18, 2025 | $0.13 |
| Sep 23, 2025 | Sep 25, 2025 | $0.15 |
| Jun 24, 2025 | Jun 26, 2025 | $0.14 |
| Mar 25, 2025 | Mar 27, 2025 | $0.13 |
| Dec 17, 2024 | Dec 19, 2024 | $0.15 |
| Sep 17, 2024 | Sep 19, 2024 | $0.13 |
| Jun 18, 2024 | Jun 20, 2024 | $0.12 |
| Mar 19, 2024 | Mar 22, 2024 | $0.09 |
| Dec 19, 2023 | Dec 22, 2023 | $0.16 |
| Sep 19, 2023 | Sep 22, 2023 | $0.12 |
DFLV Risk
- 12.6%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.13
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −16.8%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.79
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
DFLV Cost
- The middle half of US Active Value funds
- Median 0.55%
5 of the 66 US Active Value funds charge less.