DFLV vs OAKM: Grades, Fees and Holdings Compared

Dimensional US Large Cap Value ETF

DFLVANYSE Arca

Oakmark U.S. Large Cap ETF

OAKMCNYSE Arca

Overlap

13.4%by weight

Expense ratio

DFLV −0.38pt a year

DFLV0.21%OAKM0.59%

Avg volume · 30D

DFLV 2.6×the volume

DFLV658KOAKM255K

DFLV vs OAKM Performance

Oct 31, 2025 – Nov 2, 2026

+29.6%DFLV+18.8%OAKM

Expense ratio: DFLV 0.21%, better; OAKM 0.59%
Fund size: DFLV $7.39B; OAKM $1.2B
1Y total return: DFLV +29.6%, better; OAKM +18.8%
Yield (12M): DFLV 1.35%, better; OAKM 0.60%
Holdings: DFLV 336; OAKM 40
Avg volume (30D): DFLV 658K sh, better; OAKM 255K sh
NAV per share: DFLV $41.86; OAKM $31.22
52W range

ETF.net Grade

Pillar letters and Scores for DFLV, OAKM, with each pillar’s weight
Pillar	DFLV	OAKM
Cost30% weight	A92Higher	D32
Mission25% weight	Not scored	Not scored
Risk15% weight	A72Higher	D37
Tradability15% weight	A82Higher	A72
Holdings10% weight	A78Higher	C54
Durability5% weight	A83Higher	B60

Rank among US Active Value funds

How we build Categories ›

Same Category. DFLV and OAKM 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 OAKM 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 36CJDVLJohn Hancock Discipline Value Select ETFScore 46
Rank 36COAKMOakmark U.S. Large Cap ETFScore 46
Rank 38BLVDSJPMorgan Fundamental Data Science Large Value ETFScore 45

Our read on each fund

ETF.net Research

DFLVADimensional US Large Cap Value ETF

OAKMCOakmark U.S. Large Cap 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.

OAKM Oakmark's value playbook, ETF-wrapped since 2024: an active manager hunting cheap US large caps, with the Russell 1000 Value as a yardstick rather than a blueprint. Active-manager pricing comes with it.

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.

OAKM The fund seeks long-term capital appreciation.

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.

OAKM Genuinely active: picks run on Oakmark's own value philosophy, aiming at long-term capital appreciation, with the Russell 1000 Value as the measuring stick, not the shopping list.
No black box: the value screen is named and advertised in the fund's own filings, so you know which process you are hiring.
Easy to deal in for a young active fund: it changes hands regularly and ranks near the top of its large-cap value cohort on the cost of getting in and out.
One job, plainly stated: US large-cap equity with a value tilt, seeking long-term capital appreciation. Nothing exotic bolted on.

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.

OAKM At 0.59% a year it costs more than the typical fund in its value cohort, and rules-based rivals like WTV (0.12%) and AVLV (0.15%) charge a fraction of that.
Launched in December 2024, so the live record is short and there is limited history behind the risk picture.
It currently sits in the lower half of its large-cap value peer group, where cheaper systematic funds hold the top spots.

Full DFLV profile⁠

Full OAKM profile⁠

DFLV vs OAKM Holdings

How DFLV and OAKM differ

Overlap by weight

13.4%

Shared holdings make up 67.7% of OAKM and 16.7% of DFLV.

Level by level

Holdings26 in both13.4%
Countryby domicile98.8%
Asset classEquity100%

Sector

No Sector split for OAKM.

Country, concentration and asset class

Country by domicile

Country weights in DFLV and OAKM, widest gap first
Country	More in DFLVMore in OAKM	DFLV	OAKM
China	DFLV +0.8 points	0.8%	0.0%
Switzerland	OAKM +0.7 points	0.8%	1.5%
United States	OAKM +0.5 points	98.0%	98.5%
Other countries (3)	DFLV +0.4 points	0.4%	0.0%

Concentration

Weight in the 10 largest Holdings

DFLV25.0%
OAKM34.6%

Securities held

DFLV335
OAKM38

Asset class

DFLV: Equity
OAKM: Equity

Holdings

Only in DFLV309
In both26
Only in OAKM12

Only in DFLV

309 securities, 83.2% of DFLV by weight

JPMorgan Chase & Co4.44%
Exxonmobil Holdings Corp4.20%
Chevron Corp.2.17%
Berkshire Hathaway Cl-B2.02%
UnitedHealth Group Inc.1.59%
Procter & Gamble Co/The1.33%
New Linde PLC1.33%
Goldman Sachs Group Inc.1.30%
Rtx Corp1.10%
Verizon Communications1.09%
Johnson & Johnson1.07%
Thermo Fisher Scientific.1.05%
Morgan Stanley0.93%
Eog Resources Inc.0.93%
Pfizer Inc.0.93%
Travelers Companies Inc.0.92%
Hewlett-Packard Enterpris0.90%
Norfolk Southern Corp.0.88%
Newmont Corp0.84%
Deere & Co.0.83%
Csx Corp0.79%
Slb Ltd0.78%
Fedex Corp0.77%
Bristol-Myers Squibb Co.0.76%
Te Connectivity PLC0.75%
Analog Devices Inc.0.75%
AT&T Inc.0.74%
Abbott Laboratories0.73%
Target Corp.0.73%
Allstate Corp.0.73%
Phillips 660.72%
Cigna Group/The0.69%
Alphabet Inc - Class A0.67%
Republic Services Inc0.67%
Nxp Semiconductors NV0.66%
Occidental Petroleum Corp0.66%
Freeport-Mcmoran Inc.0.65%
Metlife Inc.0.64%
Intel Corp0.63%
Comcast Corp New Class A0.62%
Emerson Elec Co0.62%
Valero Energy Corp0.61%
United Rentals Inc.0.60%
Northrop Grumman Corp.0.58%
Baker Hughes Co0.57%
Crh PLC0.57%
Nucor Corp.0.56%
Oneok Inc0.56%
Mondelez Intl0.56%
Cummins Inc0.54%

Only in OAKM

12 securities, 31.5% of OAKM by weight

Airbnb Inc Class A Common Stock USD.00013.50%
Willis Towers Watson PLC Common Stock USD.0003046353.44%
Targa Resources Corp Common Stock USD.0013.29%
Elevance Health Inc Common Stock USD.013.23%
Fiserv Inc Common Stock USD.013.10%
Union Pacific Corp Common Stock USD2.52.89%
Accenture PLC Class A Common Stock USD.00002252.51%
Aercap Holdings NV Common Stock EUR.012.46%
Netflix Inc Common Stock USD.0012.00%
Sysco Corp Common Stock USD1.01.93%
Cdw Corp/De Common Stock USD.011.73%
Amrize Ltd Common Stock USD.011.46%

Weight gaps

All 26 Holdings in both funds, largest gap first.

Holding weights in DFLV and OAKM, widest gap first
Holding	More in DFLVMore in OAKM	DFLV	OAKM
Keurig Dr Pepper IncKDP	OAKM +3.54 points	0.17%	3.71%
Intercontinental ExchangeICE	OAKM +3.26 points	0.19%	3.45%
Salesforce IncCRM	OAKM +3.20 points	0.75%	3.95%
Amazon.com Inc.AMZN	DFLV +3.17 points	4.62%	1.45%
Global Payments IncGPN	OAKM +3.02 points	0.06%	3.08%
Capital One FinancialCOF	OAKM +2.93 points	0.39%	3.32%
Citigroup Inc.C	OAKM +2.81 points	0.42%	3.23%
State Street Corp.STT	OAKM +2.65 points	0.35%	3.00%
American Int'l GroupAIG	OAKM +2.57 points	0.37%	2.94%
Zimmer Biomet HoldingsZBH	OAKM +2.39 points	0.04%	2.43%
Iqvia Holdings IncIQV	OAKM +2.39 points	0.35%	2.74%
The Charles Schwab Corp.SCHW	OAKM +2.39 points	0.10%	2.49%
ConocophillipsCOP	OAKM +2.38 points	1.12%	3.50%
Delta Air Lines Inc.DAL	OAKM +2.34 points	0.62%	2.96%
Vylor SpincoVYLR	OAKM +2.34 points	0.20%	2.54%
First Citizens BancsharesFCNCA	OAKM +2.21 points	0.13%	2.34%
Equifax IncEFX	OAKM +2.09 points	0.06%	2.15%
Bank of America CorpBAC	OAKM +1.93 points	0.71%	2.64%
Merck & Company IncMRK	OAKM +1.78 points	0.79%	2.57%
Ge Healthcare TechnologieGEHC	OAKM +1.73 points	0.36%	2.09%
Corebridge Financial IncCRBG	OAKM +1.60 points	0.02%	1.62%
General MotorsGM	OAKM +1.38 points	0.89%	2.27%
Alphabet IncGOOG	OAKM +1.25 points	0.57%	1.82%
Nike Inc. Class BNKE	OAKM +1.20 points	0.33%	1.53%
Wells Fargo & Co.WFC	OAKM +0.89 points	1.03%	1.92%
Meta Platforms IncMETA	DFLV +0.12 points	2.05%	1.93%

All 343 DFLV holdings⁠All OAKM 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 OAKM Cost

Overpaying OAKM vs DFLV

$7,278

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

DFLV 0.21%
$4,357
OAKM 0.59%
$11,635

Amount$10,000

Years30 years

Cost over time

DFLV 0.21%
OAKM 0.59%
Overpaying

Year by year

Year	DFLV	OAKM	Overpaying
10	$383	$1,058	$675
20	$1,491	$4,051	$2,560
30	$4,357	$11,635	$7,278

Expense ratio

0.21%DFLV, cheaper
0.59%OAKM

DFLV0.21%OAKM0.59%

0.12%1.25%

Middle half of US Active Value funds
Median 0.55%

DFLV 6th cheapest of 64 funds

OAKM 42nd cheapest of 64 funds

DFLV vs OAKM Dividends

Last 12 months to Nov 2, 2026

Yield (12M): DFLV 1.35%, better; OAKM 0.60%
Payout (12M): DFLV $0.57; OAKM $0.19
Last payment: DFLV $0.16; OAKM $0.19
Ex-dividend: DFLV Sep 22, 2026; OAKM Dec 10, 2025
Paid on: DFLV Sep 24, 2026; OAKM Dec 11, 2025
Frequency: DFLV Quarterly; OAKM Annual

Distribution history

Per share, 2022 to 2026, same scale for both

DFLVQuarterly · 16 paymentsAll DFLV payments⁠

OAKMAnnual · 2 paymentsAll OAKM payments⁠

DFLV vs OAKM 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%OAKM 12.7%since Jan 2025
Return per unit of riskSharpe ratio, 3 years: DFLV 1.38OAKM 1.00since Jan 2025
Worst fallMax drawdown, 5 years: DFLV −16.8%since Dec 2022OAKM −15.2%since Dec 2024
Market sensitivityBeta, 5 years: DFLV 0.80OAKM 0.38; Market = 1

DFLV and OAKM in the news

All news⁠

New ETFs
First Trust's new ETF buffers the contracts, not the shares
Oct 8, 2026OAKM

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