DFLV vs LVDS: Grades, Fees and Holdings Compared

Dimensional US Large Cap Value ETF

DFLVANYSE Arca

JPMorgan Fundamental Data Science Large Value ETF

LVDSBNasdaq

Overlap

42.5%by weight

Expense ratio

DFLV −0.42pt a year

DFLV0.21%LVDS0.63%

Avg volume · 30D

DFLV 125.4×the volume

DFLV658KLVDS5.25K

DFLV vs LVDS Performance

Oct 31, 2025 – Nov 2, 2026

+29.6%DFLV+28.1%LVDS

Expense ratio: DFLV 0.21%, better; LVDS 0.63%
Fund size: DFLV $7.39B; LVDS $117M
1Y total return: DFLV +29.6%, better; LVDS +28.1%
Yield (12M): DFLV 1.35%; LVDS 6.84%, better
Holdings: DFLV 336; LVDS 134
Avg volume (30D): DFLV 658K sh, better; LVDS 5.25K sh
NAV per share: DFLV $41.86; LVDS $60.92
52W range

ETF.net Grade

Pillar letters and Scores for DFLV, LVDS, with each pillar’s weight
Pillar	DFLV	LVDS
Cost30% weight	A92Higher	F23
Mission25% weight	Not scored	A98
Risk15% weight	A72	A83Higher
Tradability15% weight	A82Higher	D29
Holdings10% weight	A78Higher	A71
Durability5% weight	A83Higher	A71

Rank among US Active Value funds

How we build Categories ›

Same Category. DFLV and LVDS 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 LVDS 38th 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 36COAKMOakmark U.S. Large Cap ETFScore 46
Rank 38BLVDSJPMorgan Fundamental Data Science Large Value ETFScore 45
Rank 38CMDLVMorgan Dempsey Large Cap Value ETFScore 45

Our read on each fund

ETF.net Research

DFLVADimensional US Large Cap Value ETF

LVDSBJPMorgan Fundamental Data Science Large Value 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.

LVDS Human analysts plus machine pattern-hunting: JPMorgan screens large US value names through a fundamental data science process, holding roughly 130 stocks against a Russell 1000 Value yardstick, on a track record that starts in 2003.

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.

LVDS The Fund seeks long-term capital appreciation. It invests primarily in large-capitalization U.S. companies with attractive valuations, using a fundamental data-science approach to assess prospects and risk.

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.

LVDS Stays in its lane: built as large-cap US value and measured against the Russell 1000 Value Index, with holdings that match the label rather than drifting toward growth.jpmorgan.com
At 0.51% it charges about what a typical active US value ETF does, and it sits in the upper half of that peer group on the things we measure.
The strategy's record begins in 2003, so this process has been run through multiple market cycles, not just the latest stretch.
Active by design: a team pairs fundamental research with data science to pick roughly 130 names, and the fund pays out quarterly.jpmorgan.com

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.

LVDS It trades thinly and stays small by assets, so the bid-ask gap can matter more on a single trade than the fee does over a year. Limit orders are the usual answer.
Cheaper value rivals exist: WTV at 0.12% and AVLV at 0.15%. The premium here buys human judgment instead of a rulebook.
Because managers choose the holdings, results can diverge from the Russell 1000 Value in either direction, by more than a plain index tracker would.

Full DFLV profile⁠

Full LVDS profile⁠

DFLV vs LVDS Holdings

How DFLV and LVDS differ

Overlap by weight

42.5%

Shared holdings make up 63.4% of LVDS and 53.9% of DFLV.

Level by level

Holdings86 in both42.5%
Sector11 Sectors76.4%
Countryby domicile98.2%
Asset classEquity100%

Sector

Sector weights in DFLV and LVDS, widest gap first
Sector	More in DFLVMore in LVDS	DFLV	LVDS
Technology	LVDS +12.0 points	9.1%	21.1%
Energy	DFLV +8.1 points	14.9%	6.8%
Materials	DFLV +4.4 points	6.8%	2.4%
Financials	DFLV +3.9 points	21.7%	17.8%
Utilities	LVDS +3.9 points	0.0%	3.9%
Real Estate	LVDS +3.4 points	0.4%	3.8%
Communication	DFLV +3.3 points	7.0%	3.7%
Consumer Discretionary	LVDS +3.2 points	8.4%	11.6%
Industrials	DFLV +2.0 points	12.9%	10.9%
Health Care	DFLV +1.9 points	14.0%	12.1%
Consumer Staples	LVDS +1.2 points	4.8%	6.0%

Country, concentration and asset class

Country by domicile

Country weights in DFLV and LVDS, widest gap first
Country	More in DFLVMore in LVDS	DFLV	LVDS
United States	LVDS +1.6 points	98.0%	99.6%
Switzerland	DFLV +0.8 points	0.8%	0.0%
China	DFLV +0.8 points	0.8%	0.0%
Other countries (3)	Same weight	0.4%	0.4%

Concentration

Weight in the 10 largest Holdings

DFLV25.0%
LVDS30.1%

Securities held

DFLV335
LVDS133

Asset class

DFLV: Equity
LVDS: Equity

Holdings

Only in DFLV249
In both86
Only in LVDS47

Only in DFLV

249 securities, 46.0% of DFLV by weight

JPMorgan Chase & Co4.44%
Pfizer Inc.0.93%
General Motors0.89%
Newmont Corp0.84%
Slb Ltd0.78%
Fedex Corp0.77%
Te Connectivity PLC0.75%
Target Corp.0.73%
Allstate Corp.0.73%
Alphabet Inc - Class A0.67%
Republic Services Inc0.67%
Occidental Petroleum Corp0.66%
Freeport-Mcmoran Inc.0.65%
Comcast Corp New Class A0.62%
Emerson Elec Co0.62%
Valero Energy Corp0.61%
United Rentals Inc.0.60%
Alphabet Inc0.57%
Baker Hughes Co0.57%
Crh PLC0.57%
Nucor Corp.0.56%
Oneok Inc0.56%
Cummins Inc0.54%
Ford Motor Co0.52%
Air Products & Chemicals0.50%
Bank of New York Mellon0.50%
Chubb Limited0.50%
Devon Energy Corp.0.48%
Kroger Co.0.46%
Ametek Inc0.45%
Hartford Insurance Group0.42%
Cvs Health Corp0.42%
PayPal Holdings Inc0.41%
U.s. Bancorp0.41%
Paccar Inc.0.40%
Kinder Morgan Inc.0.40%
Agilent Technologies Inc0.39%
Ups Inc. Class B0.38%
Aflac Inc0.38%
American Int'l Group0.37%
Wabtec Corp0.37%
T-Mobile Us Inc0.37%
United Airlines Holdings0.36%
Ge Healthcare Technologie0.36%
Accenture PLC0.36%
Kenvue Inc0.35%
Iqvia Holdings Inc0.35%
Garmin Ltd0.34%
Elevance Health Inc0.33%
Williams Cos. Inc.0.33%

Only in LVDS

47 securities, 36.6% of LVDS by weight

Microsoft Corp Common5.77%
Apple Inc Common Stock5.39%
AbbVie Inc Common Stock2.10%
Philip Morris1.76%
Nextera Energy Inc1.12%
Walmart Inc Common Stock1.11%
Lowe's Cos Inc Common0.90%
Mcdonald's Corp Common0.80%
Ventas Inc Reit USD 0.250.80%
3M Co Common Stock USD0.71%
The Coca-Cola Company0.69%
Prologis Inc Reit USD0.69%
Pepsico Inc Common Stock0.67%
Mastercard Inc Common0.67%
Xcel Energy Inc Common0.65%
Cms Energy Corp Common0.63%
Tjx Cos Inc/The Common0.62%
Host Hotels & Resorts0.61%
Entergy Corp Common Stock0.60%
The Southern Company0.56%
Texas Instruments Inc0.55%
Public Service0.55%
Jazz Pharmaceuticals PLC0.55%
Trane Technologies PLC0.52%
Autozone Inc Common Stock0.52%
JPMorgan U.s. Government0.51%
Advanced Micro Devices0.49%
Digital Realty Trust Inc0.49%
Axalta Coating Systems0.48%
Corpay Inc0.43%
O'reilly Automotive Inc0.38%
American Tower Corp Reit0.38%
Ball Corp Common Stock0.35%
Regency Centers Corp0.33%
Transdigm Group Inc0.32%
Seagate Technology0.31%
Travel & Leisure Co0.30%
Ameriprise Financial Inc0.30%
Lear Corp Common Stock0.29%
Expedia Group Inc Common0.27%
Fortune Brands0.25%
American Homes 4 Rent0.24%
Fidelity National0.22%
Mgic Investment Corp0.21%
Honeywell Aerospace Inc0.20%
Lam Research Corp Common0.20%
Albertsons Cos Inc0.10%

Weight gaps

All 86 Holdings in both funds, largest gap first.

Holding weights in DFLV and LVDS, widest gap first
Holding	More in DFLVMore in LVDS	DFLV	LVDS
Chevron Corp.CVX	DFLV +1.67 points	2.17%	0.50%
Exxonmobil Holdings CorpXOM	DFLV +1.50 points	4.20%	2.70%
Amazon.com Inc.AMZN	LVDS +1.32 points	4.62%	5.94%
Meta Platforms IncMETA	DFLV +1.00 points	2.05%	1.05%
Goldman Sachs Group Inc.GS	DFLV +0.96 points	1.30%	0.34%
Bank of America CorpBAC	LVDS +0.91 points	0.71%	1.62%
Eaton Corp PLCETN	LVDS +0.85 points	0.06%	0.91%
Loews Corp.L	LVDS +0.85 points	0.09%	0.94%
BlackRock Funding Inc/DeBLK	LVDS +0.82 points	0.16%	0.98%
Cheniere Energy IncLNG	LVDS +0.76 points	0.10%	0.86%
Cme Group Inc.CME	LVDS +0.73 points	0.04%	0.77%
Parker-Hannifin CorpPH	LVDS +0.68 points	0.04%	0.72%
The Charles Schwab Corp.SCHW	LVDS +0.66 points	0.10%	0.76%
Thermo Fisher Scientific.TMO	DFLV +0.66 points	1.05%	0.39%
M & T Bank Corp.MTB	LVDS +0.60 points	0.13%	0.73%
Dover CorpDOV	LVDS +0.59 points	0.26%	0.85%
Citizens Financial GroupCFG	LVDS +0.58 points	0.08%	0.66%
Procter & Gamble Co/ThePG	DFLV +0.55 points	1.33%	0.78%
Teledyne Technologies IncTDY	LVDS +0.53 points	0.10%	0.63%
Vertex PharmaceuticalsVRTX	LVDS +0.52 points	0.33%	0.85%
Danaher Corp.DHR	LVDS +0.51 points	0.29%	0.80%
AT&T Inc.T	DFLV +0.50 points	0.74%	0.24%
Analog Devices Inc.ADI	LVDS +0.50 points	0.75%	1.25%
Wells Fargo & Co.WFC	LVDS +0.49 points	1.03%	1.52%
Verizon CommunicationsVZ	DFLV +0.45 points	1.09%	0.64%
Abbott LaboratoriesABT	DFLV +0.44 points	0.73%	0.29%
New Linde PLCLIN	DFLV +0.42 points	1.33%	0.91%
Delta Air Lines Inc.DAL	DFLV +0.43 points	0.62%	0.19%
Regeneron PharmaceuticalsREGN	LVDS +0.41 points	0.30%	0.71%
Pnc Financial Services GrPNC	LVDS +0.40 points	0.21%	0.61%
Johnson & JohnsonJNJ	LVDS +0.40 points	1.07%	1.47%
UnitedHealth Group Inc.UNH	DFLV +0.39 points	1.59%	1.20%
Deere & Co.DE	LVDS +0.37 points	0.83%	1.20%
Merck & Company IncMRK	DFLV +0.35 points	0.79%	0.44%
Micron Technology Inc.MU	LVDS +0.35 points	0.03%	0.38%
Amcor PLCAMCR	LVDS +0.35 points	0.09%	0.44%
Csx CorpCSX	LVDS +0.34 points	0.79%	1.13%
Td Synnex CorpSNX	LVDS +0.34 points	0.08%	0.42%
Salesforce IncCRM	DFLV +0.31 points	0.75%	0.44%
Intel CorpINTC	DFLV +0.30 points	0.63%	0.33%
Travelers Companies Inc.TRV	LVDS +0.29 points	0.92%	1.21%
Citigroup Inc.C	LVDS +0.29 points	0.42%	0.71%
SS&C TechnologiesSSNC	LVDS +0.28 points	0.13%	0.41%
Morgan StanleyMS	LVDS +0.27 points	0.93%	1.20%
Take-Two Interactive SoftTTWO	LVDS +0.27 points	<0.01%	0.27%
Rtx CorpRTX	LVDS +0.26 points	1.10%	1.36%
Nxp Semiconductors NVNXPI	DFLV +0.25 points	0.66%	0.41%
Ally Financial IncALLY	LVDS +0.25 points	<0.01%	0.26%
International Business MaIBM	DFLV +0.25 points	0.48%	0.23%
Medtronic PLCMDT	LVDS +0.24 points	0.48%	0.72%
Mondelez IntlMDLZ	LVDS +0.23 points	0.56%	0.79%
Bristol-Myers Squibb Co.BMY	LVDS +0.22 points	0.76%	0.98%
Zimmer Biomet HoldingsZBH	LVDS +0.21 points	0.04%	0.25%
Berkshire Hathaway Cl-BBRK.B	DFLV +0.21 points	2.02%	1.81%
Honeywell International IHON	LVDS +0.19 points	0.09%	0.28%
Tyson Foods Inc. Class ATSN	LVDS +0.20 points	0.06%	0.26%
Performance Food Group CoPFGC	LVDS +0.19 points	0.06%	0.25%
ConocophillipsCOP	LVDS +0.19 points	1.12%	1.31%
State Street Corp.STT	LVDS +0.17 points	0.35%	0.52%
Phillips 66PSX	LVDS +0.18 points	0.72%	0.90%
General Dynamics Corp.GD	LVDS +0.16 points	0.50%	0.66%
Humana IncorporatedHUM	LVDS +0.16 points	0.32%	0.48%
Boston Scientific Corp.BSX	LVDS +0.15 points	0.13%	0.28%
Cbre Group IncCBRE	LVDS +0.15 points	0.39%	0.54%
Walt Disney Co/TheDIS	LVDS +0.16 points	0.39%	0.55%
Cognizant Tech SolutionsCTSH	LVDS +0.15 points	0.29%	0.44%
Nike Inc. Class BNKE	DFLV +0.15 points	0.33%	0.18%
Carnival Corp LtdCCL	DFLV +0.15 points	0.35%	0.20%
Arch Capital Group LtdACGL	LVDS +0.14 points	0.34%	0.47%
Northrop Grumman Corp.NOC	DFLV +0.14 points	0.58%	0.44%
Capital One FinancialCOF	LVDS +0.14 points	0.39%	0.53%
Dupont De Nemours IncDD	LVDS +0.13 points	0.08%	0.20%
Steel Dynamics IncSTLD	LVDS +0.12 points	0.38%	0.50%
Qnity Electronics IncQ	LVDS +0.12 points	0.14%	0.26%
Lennar Corp.LEN	LVDS +0.11 points	0.04%	0.15%
Cigna Group/TheCI	DFLV +0.10 points	0.69%	0.59%
Quest Diagnostics Inc.DGX	LVDS +0.08 points	0.31%	0.39%
Hewlett-Packard EnterprisHPE	DFLV +0.07 points	0.90%	0.83%
Metlife Inc.MET	DFLV +0.07 points	0.64%	0.57%
Church & Dwight CoCHD	LVDS +0.08 points	0.13%	0.21%
Norfolk Southern Corp.NSC	LVDS +0.07 points	0.88%	0.95%
Roper Technologies IncROP	LVDS +0.06 points	0.11%	0.17%
Diamondback Energy IncFANG	DFLV +0.05 points	0.48%	0.43%
Cisco Systems Inc.CSCO	LVDS +0.05 points	0.21%	0.26%
Vulcan Materials Co.VMC	LVDS +0.04 points	0.40%	0.44%
Eog Resources Inc.EOG	LVDS +0.01 points	0.93%	0.94%

All 343 DFLV holdings⁠All 133 LVDS 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 LVDS Cost

Overpaying LVDS vs DFLV

$8,002

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

DFLV 0.21%
$4,357
LVDS 0.63%
$12,359

Amount$10,000

Years30 years

Cost over time

DFLV 0.21%
LVDS 0.63%
Overpaying

Year by year

Year	DFLV	LVDS	Overpaying
10	$383	$1,128	$745
20	$1,491	$4,311	$2,820
30	$4,357	$12,359	$8,002

Expense ratio

0.21%DFLV, cheaper
0.63%LVDS

DFLV0.21%LVDS0.63%

0.12%1.25%

Middle half of US Active Value funds
Median 0.55%

DFLV 6th cheapest of 64 funds

LVDS 49th cheapest of 64 funds

DFLV vs LVDS Dividends

Last 12 months to Nov 2, 2026

Yield (12M): DFLV 1.35%; LVDS 6.84%, better
Payout (12M): DFLV $0.57; LVDS $4.17
Last payment: DFLV $0.16; LVDS $0.20
Ex-dividend: DFLV Sep 22, 2026; LVDS Sep 22, 2026
Paid on: DFLV Sep 24, 2026; LVDS Sep 24, 2026
Frequency: DFLV Quarterly; LVDS Quarterly

Distribution history

Per share, 2022 to 2026, same scale for both

DFLVQuarterly · 16 paymentsAll DFLV payments⁠

LVDSQuarterly · 5 paymentsAll LVDS payments⁠

DFLV vs LVDS 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%LVDS 10.8%since Aug 2025
Return per unit of riskSharpe ratio, 3 years: DFLV 1.38LVDS 1.82since Aug 2025
Worst fallMax drawdown, 5 years: DFLV −16.8%since Dec 2022LVDS −6.6%since Jul 2025
Market sensitivityBeta, 5 years: DFLV 0.80LVDS 0.66; Market = 1

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