DFLV vs JDVL: Grades, Fees and Holdings Compared

Dimensional US Large Cap Value ETF

DFLVANYSE Arca

John Hancock Discipline Value Select ETF

JDVLCNYSE Arca

Overlap

20.3%by weight

Expense ratio

DFLV −0.35pt a year

DFLV0.21%JDVL0.56%

Avg volume · 30D

DFLV 5.9×the volume

DFLV658KJDVL111K

DFLV vs JDVL Performance

Oct 31, 2025 – Nov 2, 2026

+29.6%DFLV+20.0%JDVL

Expense ratio: DFLV 0.21%, better; JDVL 0.56%
Fund size: DFLV $7.39B; JDVL $1.01B
1Y total return: DFLV +29.6%, better; JDVL +20.0%
Yield (12M): DFLV 1.35%; JDVL No data
Holdings: DFLV 336; JDVL 41
Avg volume (30D): DFLV 658K sh, better; JDVL 111K sh
NAV per share: DFLV $41.86; JDVL $31.53
52W range

ETF.net Grade

Pillar letters and Scores for DFLV, JDVL, with each pillar’s weight
Pillar	DFLV	JDVL
Cost30% weight	A92Higher	C42
Mission25% weight	Not scored	Not scored
Risk15% weight	A72Higher	D30
Tradability15% weight	A82Higher	A71
Holdings10% weight	A78Higher	C42
Durability5% weight	A83Higher	B59

Rank among US Active Value funds

How we build Categories ›

Same Category. DFLV and JDVL 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 JDVL 36th of 64 funds in the US Active Value Category.

Rank 1AAVLVAvantis U.S. Large Cap Value ETFScore 86
Rank 2ASEIVSEI QiM U.S. Large Cap Value Active ETFScore 85
Rank 2AWTVWisdomTree U.S. Value FundScore 85
Rank 4ADFLVDimensional US Large Cap Value ETFScore 83
Rank 5AAVMVAvantis U.S. Mid Cap Value ETFScore 79
Rank 33CTMVEThrivent Mid Cap Value ETFScore 48
Rank 36CJDVLJohn Hancock Discipline Value Select ETFScore 46
Rank 36COAKMOakmark U.S. Large Cap ETFScore 46

Our read on each fund

ETF.net Research

DFLVADimensional US Large Cap Value ETF

JDVLCJohn Hancock Discipline Value Select ETF

In short

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.

JDVL No data

Stated mandate

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.

JDVL No data

Why people hold it

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.

JDVL No data

Worth knowing

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.

JDVL No data

Full DFLV profile⁠

Full JDVL profile⁠

DFLV vs JDVL Holdings

How DFLV and JDVL differ

Overlap by weight

20.3%

Shared holdings make up 57.0% of JDVL and 20.8% of DFLV.

Level by level

Holdings23 in both20.3%
Sector11 Sectors80.6%
Countryby domicile95.1%
Asset classEquity100%

Sector

Sector weights in DFLV and JDVL, widest gap first
Sector	More in DFLVMore in JDVL	DFLV	JDVL
Technology	JDVL +10.0 points	9.1%	19.1%
Energy	DFLV +6.7 points	14.9%	8.2%
Industrials	DFLV +5.0 points	12.9%	7.9%
Financials	DFLV +4.1 points	21.7%	17.6%
Utilities	JDVL +3.7 points	0.0%	3.7%
Consumer Staples	JDVL +2.7 points	4.8%	7.5%
Communication	DFLV +2.7 points	7.0%	4.3%
Health Care	JDVL +1.9 points	14.0%	15.9%
Consumer Discretionary	JDVL +1.1 points	8.4%	9.5%
Materials	DFLV +0.6 points	6.8%	6.2%
Real Estate	DFLV +0.4 points	0.4%	0.0%

Country, concentration and asset class

Country by domicile

Country weights in DFLV and JDVL, widest gap first
Country	More in DFLVMore in JDVL	DFLV	JDVL
Canada	JDVL +4.9 points	0.0%	4.9%
United States	DFLV +2.9 points	98.0%	95.1%
Switzerland	DFLV +0.8 points	0.8%	0.0%
China	DFLV +0.8 points	0.8%	0.0%
Other countries (3)	DFLV +0.4 points	0.4%	0.0%

Concentration

Weight in the 10 largest Holdings

DFLV25.0%
JDVL41.1%

Securities held

DFLV335
JDVL40

Asset class

DFLV: Equity
JDVL: Equity

Holdings

Only in DFLV312
In both23
Only in JDVL17

Only in DFLV

312 securities, 79.1% of DFLV by weight

Exxonmobil Holdings Corp4.20%
Chevron Corp.2.17%
Berkshire Hathaway Cl-B2.02%
Procter & Gamble Co/The1.33%
New Linde PLC1.33%
Goldman Sachs Group Inc.1.30%
Conocophillips1.12%
Rtx Corp1.10%
Verizon Communications1.09%
Johnson & Johnson1.07%
Thermo Fisher Scientific.1.05%
Eog Resources Inc.0.93%
Pfizer Inc.0.93%
Travelers Companies Inc.0.92%
Hewlett-Packard Enterpris0.90%
General Motors0.89%
Norfolk Southern Corp.0.88%
Newmont Corp0.84%
Deere & Co.0.83%
Csx Corp0.79%
Merck & Company Inc0.79%
Bristol-Myers Squibb Co.0.76%
Te Connectivity PLC0.75%
Analog Devices Inc.0.75%
Salesforce Inc0.75%
AT&T Inc.0.74%
Abbott Laboratories0.73%
Target Corp.0.73%
Allstate Corp.0.73%
Phillips 660.72%
Bank of America Corp0.71%
Cigna Group/The0.69%
Alphabet Inc - Class A0.67%
Republic Services Inc0.67%
Occidental Petroleum Corp0.66%
Metlife Inc.0.64%
Intel Corp0.63%
Comcast Corp New Class A0.62%
Emerson Elec Co0.62%
Delta Air Lines Inc.0.62%
Valero Energy Corp0.61%
United Rentals Inc.0.60%
Northrop Grumman Corp.0.58%
Alphabet Inc0.57%
Baker Hughes Co0.57%
Crh PLC0.57%
Nucor Corp.0.56%
Oneok Inc0.56%
Mondelez Intl0.56%
Ford Motor Co0.52%

Only in JDVL

17 securities, 41.0% of JDVL by weight

Microsoft Corp6.73%
Philip Morris International3.53%
Gilead Sciences Inc3.27%
Visa Inc Class A Shares3.20%
Cencora Inc2.74%
AbbVie Inc2.46%
Cenovus Energy Inc2.41%
Kinross Gold Corp2.29%
Firstenergy Corp2.17%
Tapestry Inc1.86%
Crh PLC1.82%
NVIDIA Corp1.80%
Nextera Energy Inc1.47%
American Express Co1.42%
Applied Materials Inc1.42%
Marvell Technology Inc1.39%
Waste Management Inc1.05%

Weight gaps

All 23 Holdings in both funds, largest gap first.

Holding weights in DFLV and JDVL, widest gap first
Holding	More in DFLVMore in JDVL	DFLV	JDVL
Us Foods Holding CorpUSFD	JDVL +3.84 points	0.20%	4.04%
Nxp Semiconductors NVNXPI	JDVL +2.81 points	0.66%	3.47%
Amazon.com Inc.AMZN	JDVL +2.68 points	4.62%	7.30%
Quest Diagnostics Inc.DGX	JDVL +2.43 points	0.31%	2.74%
Iqvia Holdings IncIQV	JDVL +2.07 points	0.35%	2.42%
Capital One FinancialCOF	JDVL +2.06 points	0.39%	2.45%
Marathon Petroleum Corp.MPC	JDVL +2.05 points	<0.01%	2.05%
Hubbell IncHUBB	JDVL +1.86 points	0.14%	2.00%
Micron Technology Inc.MU	JDVL +1.85 points	0.03%	1.88%
Diamondback Energy IncFANG	JDVL +1.83 points	0.48%	2.31%
Apollo Global ManagementAPO	JDVL +1.82 points	<0.01%	1.83%
Walt Disney Co/TheDIS	JDVL +1.81 points	0.39%	2.20%
Honeywell International IHON	JDVL +1.76 points	0.09%	1.85%
Uber Technologies IncUBER	JDVL +1.72 points	0.31%	2.03%
Morgan StanleyMS	JDVL +1.64 points	0.93%	2.57%
Freeport-Mcmoran Inc.FCX	JDVL +1.06 points	0.65%	1.71%
Fedex CorpFDX	JDVL +0.97 points	0.77%	1.74%
Wells Fargo & Co.WFC	JDVL +0.94 points	1.03%	1.97%
UnitedHealth Group Inc.UNH	JDVL +0.59 points	1.59%	2.18%
Slb LtdSLB	JDVL +0.47 points	0.78%	1.25%
Cummins IncCMI	JDVL +0.43 points	0.54%	0.97%
JPMorgan Chase & CoJPM	DFLV +0.34 points	4.44%	4.10%
Meta Platforms IncMETA	DFLV +0.12 points	2.05%	1.93%

All 343 DFLV holdings⁠All 40 JDVL 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.

DFLV vs JDVL Cost

Overpaying JDVL vs DFLV

$6,731

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

DFLV 0.21%
$4,357
JDVL 0.56%
$11,088

Amount$10,000

Years30 years

Cost over time

DFLV 0.21%
JDVL 0.56%
Overpaying

Year by year

Year	DFLV	JDVL	Overpaying
10	$383	$1,006	$623
20	$1,491	$3,855	$2,364
30	$4,357	$11,088	$6,731

Expense ratio

0.21%DFLV, cheaper
0.56%JDVL

DFLV0.21%JDVL0.56%

0.12%1.25%

Middle half of US Active Value funds
Median 0.55%

DFLV 6th cheapest of 64 funds

JDVL 38th cheapest of 64 funds

DFLV vs JDVL Dividends

Last 12 months to Nov 2, 2026

Yield (12M): DFLV 1.35%; JDVL No data
Payout (12M): DFLV $0.57; JDVL No data
Last payment: DFLV $0.16; JDVL $0.46
Ex-dividend: DFLV Sep 22, 2026; JDVL Dec 29, 2025
Paid on: DFLV Sep 24, 2026; JDVL Dec 31, 2025
Frequency: DFLV Quarterly; JDVL Irregular

Distribution history

Per share, 2022 to 2026, same scale for both

DFLVQuarterly · 16 paymentsAll DFLV payments⁠

JDVLIrregular · 1 paymentAll JDVL payments⁠

DFLV vs JDVL Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: DFLV 12.3%JDVL 12.2%since Sep 2025
Return per unit of riskSharpe ratio, 3 years: DFLV 1.38JDVL 1.29since Sep 2025
Worst fallMax drawdown, 5 years: DFLV −16.8%since Dec 2022JDVL −9.2%since Aug 2025
Market sensitivityBeta, 5 years: DFLV 0.80JDVL 0.79; Market = 1

DFLV and JDVL in the news

All news⁠

ETF Filings
John Hancock files JDVM, an active mid-cap value ETF, for a December effective date
Sep 25, 2026JDVL

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DFLV vs JDVL

In short

Stated mandate

Why people hold it

Worth knowing

How DFLV and JDVL differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in DFLV

Only in JDVL

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

John Hancock files JDVM, an active mid-cap value ETF, for a December effective date

How DFLV and JDVL differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in DFLV

Only in JDVL

Weight gaps