DFVX vs SEIV

DFVXADimensional US Large Cap Vector ETF

SEIVASEI QiM U.S. Large Cap Value Active ETF

In short

DFVX Dimensional's value playbook with the dial turned up: roughly 300 large-cap US stocks, leaning toward the cheaper, more profitable, smaller end of the field. 0.18% net of a waiver through February 28, 2027.

SEIV Active quant value stock-picking at an index-fund price. SEIV screens U.S. large caps for cheap valuations plus quality, momentum and low volatility, then runs a concentrated book of roughly 80 names for 0.15% a year.

Stated mandate

DFVX The fund seeks long-term capital appreciation.

SEIV The Fund seeks long-term capital appreciation through primarily U.S. common stocks priced below fundamental valuation measures, using a quantitative, active stock-selection approach.

Why people hold it

• DFVX Costs 0.18% net of a waiver through February 28, 2027 (0.19% gross), below the category median and under sibling DFLV at 0.21%.
• No fixed index to hug. The prospectus lets managers overweight or underweight eligible names on market cap, relative price and profitability.sec.gov
• Roughly 300 holdings, with the prospectus design spreading risk across companies and sectors rather than concentrating in a handful of cheap bets.sec.gov
• Stands in the top quartile of a crowded US value field on our review, one of the stronger builds among dozens of rivals.

• SEIV 0.15% a year for genuine active selection, against a 0.55% median in its U.S. value peer group. It matches the cheapest large-value quant funds rather than charging active prices.
• Value is not the only screen. The model also weighs quality, momentum and low volatility, which is how a cheap-stock strategy tries to avoid the cheap-for-a-reason trap.
• Other funds measured against the S&P 500 in this cohort charge far more (LSVD 0.40%, GSPY 0.50%, VNSE 1.34%). SEIV runs its version at 0.15%.
• Sits among the strongest implementations in a crowded U.S. value field, and trades with enough regular activity to be workable for ordinary retail order sizes.

Worth knowing

• DFVX The tilts cut both ways: a basket skewed smaller and cheaper can move well apart from the S&P 500 in either direction.sec.gov
• Trades lightly next to the category's giants, so limit orders and a glance at the spread are worth the extra click.
• Launched in 2023, so the live record is short. Income shows up quarterly, not monthly.

• SEIV About 80 stocks measured against a 500-name benchmark. That concentration means stretches where it looks nothing like the S&P 500, in either direction.
• Launched in 2022, so the live record is short, and the asset base is mid-sized rather than among the giants of the value aisle.
• You get the factor recipe, not the trade-by-trade logic: selection sits inside a quantitative model. Distributions land quarterly, not monthly.

Full DFVX profile⁠

Full SEIV profile⁠