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DFLV vs ZIG

Dimensional US Large Cap Value ETF

DFLVANYSE Arca

The Acquirers Fund

ZIGFNYSE Arca

Overlap

Expense ratio

DFLV −0.54pt a year

DFLV0.21%ZIG0.75%

Avg volume · 30D

DFLV 626.7×the volume

DFLV658KZIG1.05K

3Y return · a year

DFLV +9.9pt

DFLV+21.8%ZIG+11.9%

DFLV vs ZIG Performance

Oct 31, 2025 – Nov 2, 2026

+29.6%DFLV+15.8%ZIG

Oct 31, 2025 to Nov 2, 2026. DFLV +29.6%. ZIG +15.8%. Use the arrow keys to read each point.0%5%10%20%25%Oct 2025May 2026Nov 2026
Expense ratio
DFLV 0.21%, better
ZIG 0.75%
Fund size
DFLV $7.39B
ZIG $33M
1Y total return
DFLV +29.6%, better
ZIG +15.8%
Yield (12M)
DFLV 1.35%
ZIG 1.68%, better
Holdings
DFLV 336
ZIG 31
Avg volume (30D)
DFLV 658K sh, better
ZIG 1.05K sh
NAV per share
DFLV $41.86
ZIG $41.17
52W range

ETF.net Grade

DFLV: Cost 92, Risk 72, Mission not scored, Tradability 82, Holdings 78, Durability 83. ZIG: Cost 15, Risk 18, Mission not scored, Tradability 23, Holdings 38, Durability 35.
Pillar letters and Scores for DFLV, ZIG, with each pillar’s weight
PillarDFLVZIG
Cost30% weightA92HigherF15
Mission25% weightNot scoredNot scored
Risk15% weightA72HigherF18
Tradability15% weightA82HigherF23
Holdings10% weightA78HigherD38
Durability5% weightA83HigherD35

Rank among US Active Value funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. DFLV and ZIG 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 ZIG 61st of 64 funds in the US Active Value Category.

  1. Rank 1AAVLVAvantis U.S. Large Cap Value ETFScore 86
  2. Rank 2ASEIVSEI QiM U.S. Large Cap Value Active ETFScore 85
  3. Rank 2AWTVWisdomTree U.S. Value FundScore 85
  4. Rank 4ADFLVDimensional US Large Cap Value ETFScore 83
  5. Rank 5AAVMVAvantis U.S. Mid Cap Value ETFScore 79
  6. Rank 61FMVPAMiller Value Partners Appreciation ETFScore 21
  7. Rank 61FZIGThe Acquirers FundScore 21
  8. Rank 63FLOPPGabelli Love Our Planet & People ETFScore 17

Our read on each fund

ETF.net Research

DFLVADimensional US Large Cap Value ETF

ZIGFThe Acquirers Fund

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.

ZIG Tobias Carlisle turned his own valuation metric, the Acquirer's Multiple (enterprise value over operating earnings), into an ETF: roughly 30 US names picked the way a buyer of the whole business would shop, cheap on operating earnings with a clean balance sheet.

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.

ZIG The fund is a U.S. domestic equity ETF pursuing a concentrated deep-value strategy with a mid-cap tilt.

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.
  • ZIG Built on one published metric: the Acquirer's Multiple, enterprise value divided by operating earnings, the math a buyer of the whole company would run.etfstrategy.com
  • Concentrated on purpose. Roughly 30 US names drawn from the largest quarter of the market, so each holding actually matters.aaii.com
  • Deep value with a mid-cap tilt, a different shape from large-cap value peers like AVLV and DFLV.
  • Running the same strategy since its 2019 launch, from the firm founded by the metric's author.etfstrategy.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.
  • ZIG At 0.75% a year it costs more than the typical US value fund, and well above index-based peers like AVLV (0.15%) and AVMV (0.20%).
  • One of the smaller, thinner-traded funds in its category, so spreads can be wider than on mainstream value ETFs.
  • Concentration cuts both ways: with about 30 positions one name can swing results, and the fund sits in the lower tier of its value peer group.aaii.com

Full DFLV profile⁠

Full ZIG profile⁠

DFLV vs ZIG 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 ZIG Cost

Overpaying ZIG vs DFLV

$10,125

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

  • DFLV 0.21%

    $4,357

  • ZIG 0.75%

    $14,482

$10,000
30 years

Cost over time

  • DFLV 0.21%
  • ZIG 0.75%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530ZIG $14,482DFLV $4,357

Year by year

YearDFLVZIGOverpaying
10$383$1,336$953
20$1,491$5,078$3,587
30$4,357$14,482$10,125

Expense ratio

  • 0.21%DFLV, cheaper
  • 0.75%ZIG
  • Middle half of US Active Value funds
  • Median 0.55%

DFLV 6th cheapest of 64 funds

ZIG 53rd cheapest of 64 funds

DFLV vs ZIG Dividends

Last 12 months to Nov 2, 2026
Yield (12M)
DFLV 1.35%
ZIG 1.68%, better
Payout (12M)
DFLV $0.57
ZIG $0.69
Last payment
DFLV $0.16
ZIG $0.69
Ex-dividend
DFLV Sep 22, 2026
ZIG Dec 30, 2025
Paid on
DFLV Sep 24, 2026
ZIG Dec 31, 2025
Frequency
DFLV Quarterly
ZIG Annual

Distribution history

Per share, 2020 to 2026, same scale for both

DFLVQuarterly · 16 paymentsAll DFLV payments⁠
One bar per payment. 16 payments from 2020 to 2026 YTD. Dec 20, 2022 $0.03; Mar 21, 2023 $0.08; Jun 21, 2023 $0.10; Sep 19, 2023 $0.12; Dec 19, 2023 $0.16; Mar 19, 2024 $0.09; Jun 18, 2024 $0.12; Sep 17, 2024 $0.13; Dec 17, 2024 $0.15; Mar 25, 2025 $0.13; Jun 24, 2025 $0.14; Sep 23, 2025 $0.15; Dec 16, 2025 $0.13; Mar 24, 2026 $0.13; Jun 23, 2026 $0.14; Sep 22, 2026 $0.16. Use the arrow keys to read each point.$0$0.50202020232026YTD
ZIGAnnual · 6 paymentsAll ZIG payments⁠
One bar per payment. 6 payments from 2020 to 2026 YTD. Dec 24, 2020 $0.04; Dec 23, 2021 $0.06; Dec 28, 2022 $0.33; Dec 27, 2023 $0.37; Dec 30, 2024 $0.72; Dec 30, 2025 $0.69. Use the arrow keys to read each point.$0$0.50202020232026YTD

DFLV vs ZIG 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%, betterZIG 18.2%
Return per unit of riskSharpe ratio, 3 years
DFLV 1.38, betterZIG 0.53
Worst fallMax drawdown, 5 years
DFLV −16.8%since Dec 2022ZIG −29.8%
Market sensitivityBeta, 5 years
DFLV 0.80ZIG 0.78

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