ABEQ vs DFLV: Grades, Fees and Holdings Compared

Absolute Select Value ETF

ABEQDNYSE Arca

Dimensional US Large Cap Value ETF

DFLVANYSE Arca

Overlap

7.3%by weight

Expense ratio

DFLV −0.64pt a year

ABEQ0.85%DFLV0.21%

Avg volume · 30D

DFLV 59.4×the volume

ABEQ11.1KDFLV658K

3Y return · a year

DFLV +7.9pt

ABEQ+14.8%DFLV+22.7%

ABEQ vs DFLV Performance

Oct 31, 2025 – Oct 30, 2026

+14.1%ABEQ+29.3%DFLV

Expense ratio: ABEQ 0.85%; DFLV 0.21%, better
Fund size: ABEQ $148M; DFLV $7.39B
1Y total return: ABEQ +14.1%; DFLV +29.3%, better
Yield (12M): ABEQ 1.16%; DFLV 1.35%, better
Holdings: ABEQ 24; DFLV 336
Avg volume (30D): ABEQ 11.1K sh; DFLV 658K sh, better
NAV per share: ABEQ $38.95; DFLV $41.80
52W range

ETF.net Grade

Pillar letters and Scores for ABEQ, DFLV, with each pillar’s weight
Pillar	ABEQ	DFLV
Cost30% weight	F8	A92Higher
Mission25% weight	Not scored	Not scored
Risk15% weight	B63	A76Higher
Tradability15% weight	C53	A83Higher
Holdings10% weight	F14	A78Higher
Durability5% weight	B59	A83Higher

Rank among US Active Value funds

How we build Categories ›

Same Category. ABEQ and DFLV are both graded against the same 64 US Active Value funds, so their Grades compare head to head.

US Active Value⁠

Category · 64 funds

See all 64 ›

DFLV ranks 4th and ABEQ 52nd of 64 funds in the US Active Value Category.

Rank 1AAVLVAvantis U.S. Large Cap Value ETFScore 86
Rank 1AWTVWisdomTree U.S. Value FundScore 86
Rank 3ASEIVSEI QiM U.S. Large Cap Value Active ETFScore 85
Rank 4ADFLVDimensional US Large Cap Value ETFScore 84
Rank 5AAVMVAvantis U.S. Mid Cap Value ETFScore 79
Rank 51DBASVBrown Advisory Sustainable Value ETFScore 34
Rank 52DABEQAbsolute Select Value ETFScore 32
Rank 52DYALLTruth Social God Bless America ETFScore 32

Our read on each fund

ETF.net Research

ABEQDAbsolute Select Value ETF

DFLVADimensional US Large Cap Value ETF

In short

ABEQ A stock picker in a cohort full of rules-based screens. ABEQ hunts US companies trading at deep discounts to its subadviser's estimate of fair value, aiming at positive absolute returns rather than shadowing a value benchmark.

DFLV Dimensional'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.

Stated mandate

ABEQ The Fund seeks positive absolute returns through active management of primarily U.S. equity securities selected for substantial discounts to the subadviser’s estimate of fair value.

DFLV 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

ABEQ A real active mandate: buy US equities at substantial discounts to the subadviser's fair-value estimate, with positive absolute returns as the stated goal instead of index-relative wins.
That absolute-return framing is unusual here. The heavyweights in US value ETFs are factor-index products (AVLV, WTV, DFLV), so this is a genuinely different way to own cheap stocks.
Trading since January 2020, so the strategy has a multi-year live record in real markets rather than a backtest, and it runs as a standard 1940 Act ETF.

DFLV 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

ABEQ 0.85% a year is the price of a human at the wheel. Systematic value peers charge a fraction of that (WTV at 0.12%, AVLV at 0.15%), so the stock picking has real cost to overcome.
Thinly traded compared with the index giants in the value aisle. Spreads can be wider, and sizeable orders are worth working with limits rather than at market.
No benchmark to check the work against: outcomes hinge on one subadviser's fair-value judgments, and the portfolio can look nothing like a conventional value screen.

DFLV 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.

Full ABEQ profile⁠

Full DFLV profile⁠

ABEQ vs DFLV Holdings

How ABEQ and DFLV differ

Overlap by weight

7.3%

Shared holdings make up 52.9% of ABEQ and 7.3% of DFLV.

Level by level

Holdings11 in both7.3%
Sector11 Sectors75.2%
Countryby domicile75.5%
Asset classEquity100%

Sector

Sector weights in ABEQ and DFLV, widest gap first
Sector	More in ABEQMore in DFLV	ABEQ	DFLV
Materials	ABEQ +8.4 points	15.2%	6.8%
Consumer Discretionary	DFLV +8.4 points	0.0%	8.4%
Technology	DFLV +7.6 points	1.5%	9.1%
Health Care	DFLV +7.0 points	7.0%	14.0%
Real Estate	ABEQ +3.8 points	4.2%	0.4%
Utilities	ABEQ +3.6 points	3.6%	0.0%
Financials	ABEQ +3.1 points	24.8%	21.7%
Consumer Staples	ABEQ +3.1 points	7.9%	4.8%
Industrials	ABEQ +2.4 points	15.3%	12.9%
Energy	DFLV +1.9 points	13.0%	14.9%
Communication	ABEQ +0.5 points	7.5%	7.0%

Country, concentration and asset class

Country by domicile

Country weights in ABEQ and DFLV, widest gap first
Country	More in ABEQMore in DFLV	ABEQ	DFLV
United States	DFLV +22.7 points	75.3%	98.0%
Canada	ABEQ +11.0 points	11.0%	0.0%
United Kingdom	ABEQ +7.7 points	7.9%	0.2%
Netherlands	ABEQ +4.2 points	4.2%	0.0%
France	ABEQ +1.6 points	1.6%	0.0%
Switzerland	DFLV +0.8 points	0.0%	0.8%
China	DFLV +0.8 points	0.0%	0.8%
Other countries (2)	DFLV +0.2 points	0.0%	0.2%

Concentration

Weight in the 10 largest Holdings

ABEQ68.3%
DFLV25.0%

Securities held

ABEQ23
DFLV335

Asset class

ABEQ: Equity
DFLV: Equity

Holdings

Only in ABEQ12
In both11
Only in DFLV324

Only in ABEQ

12 securities, 44.0% of ABEQ by weight

United States Treasury Strip Coupon 0%, Due 02/15/20278.16%
Franco-Nevada Corporation6.84%
United States Treasury Bill 0%, Due 11/27/20266.79%
Unilever plc6.59%
Rayonier, Inc.3.51%
NextEra Energy, Inc.3.04%
Honeywell Aerospace, Inc.2.45%
Agnico Eagle Mines Ltd.1.87%
Universal Music Group N.V.1.71%
Ferrovial S.E.1.67%
Dassault Systemes S.E.1.35%
Receivables/Payables<0.01%

Only in DFLV

324 securities, 92.6% of DFLV by weight

Amazon.com Inc.4.66%
JPMorgan Chase & Co4.50%
Exxonmobil Holdings Corp4.09%
Chevron Corp.2.12%
Meta Platforms Inc2.07%
UnitedHealth Group Inc.1.60%
Goldman Sachs Group Inc.1.34%
Procter & Gamble Co/The1.31%
New Linde PLC1.29%
Rtx Corp1.09%
Conocophillips1.09%
Johnson & Johnson1.07%
Thermo Fisher Scientific.1.07%
Wells Fargo & Co.1.04%
Hewlett-Packard Enterpris0.96%
Morgan Stanley0.95%
Pfizer Inc.0.91%
Intel Corp0.88%
Norfolk Southern Corp.0.87%
Newmont Corp0.87%
General Motors0.87%
Deere & Co.0.81%
Csx Corp0.79%
Te Connectivity PLC0.78%
Slb Ltd0.78%
Analog Devices Inc.0.77%
Merck & Company Inc0.77%
Fedex Corp0.75%
Salesforce Inc0.75%
Bristol-Myers Squibb Co.0.75%
AT&T Inc.0.72%
Bank of America Corp0.72%
Abbott Laboratories0.72%
Target Corp.0.71%
Allstate Corp.0.71%
Phillips 660.70%
Freeport-Mcmoran Inc.0.69%
Cigna Group/The0.69%
Alphabet Inc - Class A0.68%
Nxp Semiconductors NV0.67%
Metlife Inc.0.65%
Occidental Petroleum Corp0.65%
Republic Services Inc0.64%
Delta Air Lines Inc.0.62%
United Rentals Inc.0.61%
Comcast Corp New Class A0.59%
Valero Energy Corp0.59%
Northrop Grumman Corp.0.58%
Alphabet Inc0.57%
Nucor Corp.0.56%

Weight gaps

All 11 Holdings in both funds, largest gap first.

Holding weights in ABEQ and DFLV, widest gap first
Holding	More in ABEQMore in DFLV	ABEQ	DFLV
Berkshire Hathaway, Inc.BRK.B	ABEQ +9.29 points	11.29%	2.00%
Loews CorporationL	ABEQ +7.11 points	7.20%	0.09%
ONEOK, Inc.OKE	ABEQ +5.52 points	6.07%	0.55%
Medtronic plcMDT	ABEQ +5.33 points	5.81%	0.48%
EOG Resources, Inc.EOG	ABEQ +3.93 points	4.83%	0.90%
Verizon Communications, Inc.VZ	ABEQ +3.67 points	4.73%	1.06%
IDEX CorporationIEX	ABEQ +2.88 points	2.90%	0.02%
Hubbell, Inc.HUBB	ABEQ +2.76 points	2.90%	0.14%
Air Products and Chemicals, Inc.APD	ABEQ +2.74 points	3.23%	0.49%
Emerson Electric CompanyEMR	ABEQ +1.38 points	2.01%	0.63%
Travelers Companies, Inc. (The)TRV	ABEQ +1.00 points	1.92%	0.92%

All 23 ABEQ holdings⁠All 343 DFLV holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

ABEQ vs DFLV Cost

Overpaying ABEQ vs DFLV

$11,842

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

ABEQ 0.85%
$16,199
DFLV 0.21%
$4,357

Amount$10,000

Years30 years

Cost over time

ABEQ 0.85%
DFLV 0.21%
Overpaying

Year by year

Year	ABEQ	DFLV	Overpaying
10	$1,508	$383	$1,125
20	$5,706	$1,491	$4,215
30	$16,199	$4,357	$11,842

Expense ratio

0.85%ABEQ
0.21%DFLV, cheaper

DFLV0.21%ABEQ0.85%

0.12%1.25%

Middle half of US Active Value funds
Median 0.54%

DFLV 6th cheapest of 64 funds

ABEQ 58th cheapest of 64 funds

ABEQ vs DFLV Dividends

Last 12 months to Oct 30, 2026

Yield (12M): ABEQ 1.16%; DFLV 1.35%, better
Payout (12M): ABEQ $0.45; DFLV $0.57
Last payment: ABEQ $0.23; DFLV $0.16
Ex-dividend: ABEQ Jun 26, 2026; DFLV Sep 22, 2026
Paid on: ABEQ Jul 1, 2026; DFLV Sep 24, 2026
Frequency: ABEQ Twice a year; DFLV Quarterly

Distribution history

Per share, 2020 to 2026, same scale for both

ABEQTwice a year · 13 paymentsAll ABEQ payments⁠

DFLVQuarterly · 16 paymentsAll DFLV payments⁠

ABEQ vs DFLV Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: ABEQ 10.9%, betterDFLV 12.3%
Return per unit of riskSharpe ratio, 3 years: ABEQ 0.93DFLV 1.38, better
Worst fallMax drawdown, 5 years: ABEQ −17.3%DFLV −16.8%since Dec 2022
Market sensitivityBeta, 5 years: ABEQ 0.26DFLV 0.80; Market = 1

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