DFSV — Dimensional US Small Cap Value ETF

DFSV Price Performance — Growth of $10,000

Value of a $10,000 investment in DFSV over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

DFSV Drawdown

The "underwater" chart: DFSV's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The Dimensional US Small Cap Value ETF (DFSV) is managed by Dimensional Fund Advisors and operates within the US Small Cap category, which ETFValuer currently tracks 18 funds. With assets under management totaling $7.92 billion and a share price of $39.53, the fund demonstrates significant investor adoption relative to its category peers. It holds an overall rank of #149 out of 458 tracked ETFs across all categories and has received an ETFValuer grade of B with a score of 67.4 out of 100. The fund charges an expense ratio of 0.3% while offering a dividend yield of 1.38%. These metrics position the ETF as a moderately sized vehicle within a competitive small-cap landscape. The combination of substantial assets and a mid-tier ranking suggests steady institutional and retail interest in its specific investment strategy.

Short-term performance shows a positive trajectory with a 1-day return of +0.76% and a 1-week gain of +0.03%. Momentum accelerated over the first quarter with a 1-month return of +3.00% and a 3-month return of +6.50%. This upward trend continued into the second half of the year, resulting in a 6-month return of +11.75% and a year-to-date gain of +19.82%. The fund achieved a 1-year return of +28.81%, indicating strong recent performance compared to shorter horizons. Over a longer 3-year period, the cumulative return reached +49.26%, reflecting sustained growth. The data illustrates a consistent pattern of positive returns across all measured timeframes from daily to multi-year intervals.

The fund carries a Moderate volatility label and a beta of 0.99, suggesting its price movements generally align with the broader market. A Sharpe ratio of 1.40 indicates that the returns generated have been efficient relative to the amount of risk taken. However, the maximum drawdown of -28.02% highlights the potential for significant temporary declines during market stress. This combination of a beta near unity and a high Sharpe ratio implies the fund captures market upside while managing risk effectively over time. The moderate volatility classification aligns with the observed drawdown, showing that while losses can be deep, the fund does not exhibit extreme erratic behavior. Investors should note that the 1.40 Sharpe ratio helps contextualize the -28.02% drawdown as part of a broader risk-adjusted return profile.

AI-generated summary based on the data on this page.

DFSV Top Holdings

Holdings as of 2026-04-30 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 14.3% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how DFSV's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With DFSV

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with DFSV's top 10 — DFAT overlaps most, holding 5 of the same companies as DFSV's top 10 (10.6% of DFSV's assets).

Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.

Market Backdrop

10-Year Treasury Yield: 4.71% (as of 2026-07-23) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 18.70 (as of 2026-07-23) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.63% (as of 2026-06-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

DFSV Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 7.65% and average daily volume is 932K/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $7.92B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: DFSV is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

DFSV Performance History

How DFSV Compares to Other US Small Cap ETFs