Dimensional US Large Cap Value ETF (DFLV) Performance
DFLV total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +22.7% since Dec 31, 2025
- 1 year
- +27.9% total return
- 3 years
- +22.5% a year
- Since first price
- +16.2% a year since 2022
DFLV trailing returns vs SPY, QQQ, AGG
| Period | DFLV total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +1.7% | +1.7% | −1.0% | −5.0% | +0.9% |
| 3 months | +3.3% | +2.9% | +3.2% | +1.9% | −0.4% |
| 6 months | +11.4% | +10.6% | +7.8% | +8.4% | −1.5% |
| YTD | +22.7% | +21.3% | +12.3% | +15.1% | −1.0% |
| 1 year | +27.9% | +26.0% | +14.4% | +15.9% | −1.1% |
| 3 years | +83.8%+22.5%/yr | +74.6% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionDec 7, 2022 | +79.0%+16.2%/yr | +67.9% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: DFLV vs SPY
From Dec 7, 2022: DFLV grew to $17,904, SPY to $20,359.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
DFLV returns by calendar year
3 of 3 full years positive. Best 2025 (+15.9%), worst 2023 (+12.3%). 2026 is year to date.
DFLV annual returns table
| Year | DFLV | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +22.7% | −5.5% | +12.3% | +15.1% | −1.0% |
| 2025 | +15.9% | −15.0% | +17.7% | +20.8% | +7.2% |
| 2024 | +12.9% | −8.8% | +24.9% | +25.6% | +1.3% |
| 2023 | +12.3% | −11.3% | +26.2% | +54.9% | +5.7% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
DFLV largest drawdowns
Now 1.3% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Nov 25, 2024 | −16.8% | Apr 8, 2025 | Aug 22, 2025 | 4 months | 9 months |
| Jul 31, 2023 | −11.3% | Oct 27, 2023 | Dec 13, 2023 | 3 months | 4 months |
| Feb 2, 2023 | −11.2% | Mar 17, 2023 | Jul 21, 2023 | 43 days | 6 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
DFLV risk statistics
| Statistic | 3 years | Since 2022 |
|---|---|---|
| Annualized return | +19.4% | +16.0% |
| Volatility (annualized) | 12.7% | 13.3% |
| Sharpe ratio | 1.13 | 0.85 |
| Sortino ratio | 1.89 | 1.42 |
| Best month | +7.6% | +7.6% |
| Worst month | −7.5% | −7.5% |
| Best 12 months | +33.2% | +33.2% |
| Worst 12 months | +3.1% | +3.1% |
| Positive months | 72% | 67% |
| Beta vs S&P 500 | 0.74 | — |
| Correlation with S&P 500 | 0.73 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
DFLV rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 35 | +3.1% | +16.8% | +33.2% | 100% |
| 3-year (a year) | 11 | +13.1% | +17.4% | +22.4% | 100% |
Every holding period starting at a month-end since 2022. Returns for 3 years and longer are annualized.
DFLV performance overview
Dimensional US Large Cap Value ETF (DFLV) returned +27.9% over the past year, with distributions reinvested. Since its first recorded price in 2022 it has returned +16.2% a year, turning $10,000 into about $17,904. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −16.8%, from Nov 25, 2024 to Apr 8, 2025, and it took 4 months to get back to the old high. DFLV finished 3 of its 3 full calendar years with a gain; the best year was 2025 (+15.9%) and the worst 2023 (+12.3%). Volatility has been 13.3% a year.
Related: DFLV chart, DFLV holdings, DFLV dividends, DFLV valuation. See the DFLV overview for the latest quote and fund facts.
DFLV performance FAQ
What is the DFLV return over the past year?
DFLV returned +27.9% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 26.0%.
How much would $10,000 invested in DFLV be worth?
$10,000 invested in DFLV at its first recorded close on December 7, 2022 would be worth about $17,904 on October 23, 2026 with distributions reinvested.
What was the worst year for DFLV?
The worst calendar year was 2023, with a total return of +12.3%. The best was 2025 at +15.9%.
What is the biggest drawdown of DFLV?
The largest peak-to-trough decline was −16.8% between November 25, 2024 and April 8, 2025. It recovered to the old high on August 22, 2025, 4 months after the bottom.
How volatile is DFLV?
Over the past 3 years DFLV had an annualized volatility of 12.7% and a Sharpe ratio of 1.13 (excess return over 1–3 month T-bills per unit of risk).