DFUV vs VTV

DFUVBDimensional US Marketwide Value ETF

VTVAVanguard Morningstar Value ETF

In short

DFUV Dimensional's whole-market swing at value: roughly 1,300 cheap-priced US stocks reaching from mega-cap down to small, under a strategy running since 1998. Breadth first, headline names second.

VTV Value investing for three cents on every hundred dollars a year. Since 2004, VTV has run a passive, fully invested portfolio of roughly 300 large US companies that screen cheap, at a fee near the industry floor.

Stated mandate

DFUV The fund seeks long-term capital appreciation.

VTV The fund seeks to track a large-capitalization U.S. value-stock benchmark through passive indexing and substantial replication of that index.

Why people hold it

• DFUV Marketwide means marketwide: roughly 1,300 names across the size range, not the usual short roster of big-cap value stalwarts.
• The strategy dates to 1998, older than most ETFs on the shelf, and it now runs as a multi-billion-dollar fund.
• Sticks to its stated mandate of broad US value with little style drift, one of the tighter mandate-followers in a crowded value field.
• Cash comes back on a quarterly cadence.

• VTV 0.03% a year, about a sixth of the 0.18% median for US value funds. Cost is the part of the outcome the fund actually controls.
• Same recipe, very different sticker: PRXV tracks the same declared value index and charges 0.36%, twelve times VTV's fee.
• Passively managed, full replication, fully invested. No manager hunches, no cash sitting idle, and the fund has tracked its benchmark closely.vanguard.com
• One of the largest and most actively traded funds in the US value aisle, the kind of scale that keeps bid-ask spreads thin for ordinary orders.

Worth knowing

• DFUV At 0.21% a year it sits above the value-cohort median of 0.18%, and well above plain index routes like VTV (0.03%) or SCHV (0.04%).
• It is a value fund by construction, so it behaves like one and can lag the broad market during stretches when growth names set the pace.
• Trading activity is moderate rather than heavy, which can matter on large or hurried orders.

• VTV Large caps only, about 300 of them. Cheap mid- and small-cap stocks live in separate funds (VOE, VTWV), so this is one slice of value, not the whole market.
• It is a value screen by design, so the priciest fast growers are largely filtered out. In growth-led stretches it can move very differently from a total-market fund.
• Income arrives quarterly, in four instalments rather than a monthly drip.

Full DFUV profile⁠

Full VTV profile⁠