DFLV vs PRVS: Grades, Fees and Holdings Compared

Dimensional US Large Cap Value ETF

DFLVANYSE Arca

Parnassus Value Select ETF

PRVSDNYSE

Overlap

17.2%by weight

Expense ratio

DFLV −0.38pt a year

DFLV0.21%PRVS0.59%

Avg volume · 30D

DFLV 109.9×the volume

DFLV650KPRVS5.91K

DFLV vs PRVS Performance

Nov 7, 2025 – Nov 9, 2026

+29.1%DFLV+20.9%PRVS

Expense ratio: DFLV 0.21%, better; PRVS 0.59%
Fund size: DFLV $7.26B; PRVS $30M
1Y total return: DFLV +29.1%, better; PRVS +20.9%
Yield (12M): DFLV 1.35%; PRVS No data
Holdings: DFLV 336; PRVS 28
Avg volume (30D): DFLV 650K sh, better; PRVS 5.91K sh
NAV per share: DFLV $40.99; PRVS $32.90
52W range

ETF.net Grade

Pillar letters and Scores for DFLV, PRVS, with each pillar’s weight
Pillar	DFLV	PRVS
Cost30% weight	A92Higher	D33
Mission25% weight	Not scored	Not scored
Risk15% weight	B67Higher	D31
Tradability15% weight	A83Higher	F20
Holdings10% weight	A78Higher	D36
Durability5% weight	A83Higher	F21

Rank among US Active Value funds

How we build Categories ›

Same Category. DFLV and PRVS 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 PRVS 55th 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 84
Rank 4ADFLVDimensional US Large Cap Value ETFScore 82
Rank 5AAVMVAvantis U.S. Mid Cap Value ETFScore 78
Rank 53DYALLTruth Social God Bless America ETFScore 32
Rank 55DPRVSParnassus Value Select ETFScore 29
Rank 56DECMLEuclidean Fundamental Value ETFScore 27

Our read on each fund

ETF.net Research

DFLVADimensional US Large Cap Value ETF

PRVSDParnassus 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.

PRVS 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.

PRVS 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.

PRVS 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.

PRVS No data

Full DFLV profile⁠

Full PRVS profile⁠

DFLV vs PRVS Holdings

How DFLV and PRVS differ

Overlap by weight

17.2%

Shared holdings make up 48.8% of PRVS and 17.6% of DFLV.

Level by level

Holdings13 in both17.2%
Sector11 Sectors75.6%
Countryby domicile89.1%
Asset classStocks100%

Sector

Sector weights in DFLV and PRVS, widest gap first
Sector	Gap	DFLV	PRVS
Energy	DFLV +13.4 points	13.4%	0.0%
Technology	PRVS +11.2 points	8.6%	19.8%
Utilities	PRVS +5.4 points	0.0%	5.4%
Financials	DFLV +4.6 points	22.4%	17.8%
Industrials	DFLV +3.3 points	13.3%	10.0%
Materials	DFLV +2.9 points	6.4%	3.5%
Real Estate	PRVS +2.9 points	0.4%	3.3%
Consumer Staples	PRVS +2.1 points	5.0%	7.1%
Communication	PRVS +1.5 points	7.2%	8.7%
Consumer Discretionary	PRVS +1.4 points	8.8%	10.2%
Health Care	DFLV +0.2 points	14.4%	14.2%

Country, concentration and asset class

Country by domicile

Country weights in DFLV and PRVS, widest gap first
Country	Gap	DFLV	PRVS
United States	DFLV +9.1 points	98.0%	88.9%
United Kingdom	PRVS +4.3 points	0.2%	4.5%
Taiwan	PRVS +4.3 points	0.0%	4.3%
Israel	PRVS +2.3 points	0.0%	2.3%
Switzerland	DFLV +0.9 points	0.9%	0.0%
China	DFLV +0.8 points	0.8%	0.0%
Other countries (2)	DFLV +0.2 points	0.2%	0.0%

Concentration

Weight in the 10 largest Holdings

DFLV25.2%
PRVS50.4%

Securities held

DFLV335
PRVS27

Asset class

DFLV: Stocks
PRVS: Stocks

Holdings

Only in DFLV322
In both13
Only in PRVS14

Only in DFLV

322 securities, 82.3% of DFLV by weight

Exxonmobil Holdings Corp3.79%
Berkshire Hathaway Cl-B2.17%
Meta Platforms Inc2.07%
Chevron Corp.2.00%
Procter & Gamble Co/The1.38%
New Linde PLC1.35%
Goldman Sachs Group Inc.1.28%
Johnson & Johnson1.10%
Rtx Corp1.07%
Wells Fargo & Co.1.06%
Conocophillips1.01%
Newmont Corp0.97%
Travelers Companies Inc.0.93%
Morgan Stanley0.93%
Pfizer Inc.0.91%
General Motors0.90%
Eog Resources Inc.0.84%
Norfolk Southern Corp.0.84%
Merck & Company Inc0.79%
Fedex Corp0.77%
Bristol-Myers Squibb Co.0.77%
AT&T Inc.0.77%
Target Corp.0.76%
Csx Corp0.76%
Hewlett-Packard Enterpris0.75%
Te Connectivity PLC0.75%
Slb Ltd0.73%
Allstate Corp.0.73%
Salesforce Inc0.71%
Alphabet Inc0.71%
Cigna Group/The0.69%
Republic Services Inc0.69%
Delta Air Lines Inc.0.68%
Comcast Corp New Class A0.66%
Analog Devices Inc.0.66%
Metlife Inc.0.64%
Nxp Semiconductors NV0.64%
Phillips 660.64%
Freeport-Mcmoran Inc.0.63%
Emerson Elec Co0.62%
Crh PLC0.60%
Occidental Petroleum Corp0.59%
Mondelez Intl0.58%
Northrop Grumman Corp.0.56%
Intel Corp0.55%
United Rentals Inc.0.55%
Valero Energy Corp0.54%
Ford Motor Co0.52%
Medtronic PLC0.52%
Nucor Corp.0.52%

Only in PRVS

14 securities, 50.8% of PRVS by weight

Microsoft Corp.7.65%
Astrazeneca plc4.92%
Visa Inc., Class A4.68%
Coca-Cola Co/The4.37%
Union Pacific Corp.4.15%
Taiwan Semiconductor Mfg Co Ltd., ADR3.99%
Linde plc3.58%
Brookfield Renewable Corp.3.22%
S&P Global Inc.2.70%
Sysco Corp.2.70%
The Home Depot, Inc.2.58%
CMS Energy Corp.2.46%
Applied Materials Inc.1.93%
NICE Ltd. ADR1.87%

Weight gaps

All 13 Holdings in both funds, largest gap first.

Holding weights in DFLV and PRVS, widest gap first
Holding	Gap	DFLV	PRVS
The Charles Schwab Corp.SCHW	PRVS +3.34 points	0.10%	3.44%
Alphabet Inc - Class AGOOGL	PRVS +3.26 points	0.79%	4.05%
Cbre Group IncCBRE	PRVS +3.21 points	0.41%	3.63%
Verizon CommunicationsVZ	PRVS +3.12 points	1.14%	4.26%
Amazon.com Inc.AMZN	PRVS +3.11 points	5.09%	8.20%
Thermo Fisher Scientific.TMO	PRVS +2.73 points	1.07%	3.80%
Micron Technology Inc.MU	PRVS +2.53 points	0.08%	2.61%
Bank of America CorpBAC	PRVS +2.47 points	0.71%	3.18%
Deere & Co.DE	PRVS +2.14 points	0.84%	2.98%
Cummins IncCMI	PRVS +2.09 points	0.50%	2.59%
Abbott LaboratoriesABT	PRVS +2.04 points	0.77%	2.81%
UnitedHealth Group Inc.UNH	PRVS +1.63 points	1.57%	3.20%
JPMorgan Chase & CoJPM	DFLV +0.39 points	4.49%	4.09%

All 343 DFLV holdings⁠All 27 PRVS 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 PRVS Cost

Overpaying PRVS vs DFLV

$7,278

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

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

Amount$10,000

Years30 years

Cost over time

DFLV 0.21%
PRVS 0.59%
Overpaying

Year by year

Year	DFLV	PRVS	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%PRVS

DFLV0.21%PRVS0.59%

0.12%1.25%

Middle half of US Active Value funds
Median 0.55%

DFLV 6th cheapest of 64 funds

PRVS 42nd cheapest of 64 funds

DFLV vs PRVS Dividends

Last 12 months to Nov 9, 2026

Yield (12M): DFLV 1.35%; PRVS No data
Payout (12M): DFLV $0.57; PRVS No data
Last payment: DFLV $0.16; PRVS $0.17
Ex-dividend: DFLV Sep 22, 2026; PRVS Dec 19, 2025
Paid on: DFLV Sep 24, 2026; PRVS Dec 26, 2025
Frequency: DFLV Quarterly; PRVS Irregular

Distribution history

Per share, 2022 to 2026, same scale for both

DFLVQuarterly · 16 paymentsAll DFLV payments⁠

PRVSIrregular · 1 paymentAll PRVS payments⁠

DFLV vs PRVS 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%PRVS 12.9%since Jan 2025
Return per unit of riskSharpe ratio, 3 years: DFLV 1.38PRVS 1.08since Jan 2025
Worst fallMax drawdown, 5 years: DFLV −16.8%since Dec 2022PRVS −17.6%since Dec 2024
Market sensitivityBeta, 5 years: DFLV 0.78PRVS 0.84; Market = 1

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