Dimensional ETF (DFVX) Valuation
DFVX valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 21.9 trailing earnings
- Forward P/E
- 16.3 analyst estimates
- Price / sales
- 2.53
- Price / book
- 4.75
- EV / EBITDA
- 13.8
- Earnings yield
- 4.57% inverse of P/E
- Dividend yield
- 1.42% of the holdings
- Return on equity
- 21.7% combined
- Net margin
- 11.6% combined
- Beta
- 0.97 weighted, vs S&P 500
DFVX valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| DFVX | 21.9 | 16.3 | 2.53 | 4.75 | 1.42% | 21.7% | 11.6% | 2.0% |
| SPY | 25.9 | 19.9 | 3.67 | 5.47 | 1.08% | 21.1% | 14.2% | 1.9% |
| QQQ | 34.2 | 23.4 | 5.93 | 9.27 | 0.58% | 27.1% | 17.4% | 6.9% |
| DIA | 20.9 | 18.4 | 3.16 | 5.52 | 1.55% | 26.4% | 15.1% | 0.0% |
| VTI | 28.2 | 19.4 | 3.31 | 5.00 | 1.07% | 17.7% | 11.8% | 4.6% |
| IWM | n/m | 13.9 | 1.25 | 2.03 | 1.38% | −1.7% | −1.0% | 28.1% |
Same method for every fund. n/m = not meaningful (combined trailing earnings below zero or close to it). Loss-makers = weight of holdings with negative trailing earnings.
DFVX valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 20.0% | 23.9 | 17.1 | 6.06 | 8.77 | 0.94% | 36.7% |
| Financial Services | 12.6% | 14.5 | 13.2 | 2.69 | 2.91 | 1.56% | 20.1% |
| Industrials | 12.5% | 25.5 | 19.6 | 2.37 | 6.03 | 1.39% | 23.6% |
| Communication Services | 12.5% | 18.1 | 18.1 | 4.51 | 4.88 | 0.98% | 26.9% |
| Healthcare | 11.0% | 36.2 | 15.3 | 2.07 | 5.59 | 2.10% | 15.4% |
| Consumer Cyclical | 10.5% | 23.0 | 17.2 | 1.77 | 4.61 | 0.98% | 20.0% |
| Energy | 8.7% | 19.1 | 12.3 | 1.85 | 2.56 | 2.08% | 13.4% |
| Consumer Defensive | 7.3% | 27.0 | 20.7 | 1.30 | 6.55 | 2.27% | 24.3% |
| Basic Materials | 3.5% | 25.5 | 16.5 | 3.02 | 4.29 | 1.25% | 16.8% |
| Utilities | 0.3% | 26.2 | 11.4 | 1.28 | 8.92 | 1.04% | 34.1% |
| Real Estate | 0.1% | 30.5 | 14.9 | 0.88 | 4.80 | 0.00% | 15.8% |
DFVX earnings yield vs bond yields
Earnings yield = earnings ÷ price (1 ÷ P/E). The gap to bond yields is a rough gauge of the extra return stocks are priced to deliver.
How DFVX weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
DFVX largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| MSFT | Microsoft Corporation | 6.23% | 29.5 | 25.1 | 11.8 | 0.74% | 4.68% |
| AMZN | Amazon.com, Inc. | 4.96% | 20.1 | 23.6 | 3.5 | — | 5.47% |
| META | Meta Platforms, Inc. | 4.92% | 26.7 | 22.1 | 7.9 | 0.30% | 4.08% |
| GOOGL | Alphabet Inc. | 2.95% | 17.1 | 22.8 | 9.3 | 0.26% | 3.82% |
| XOM | Exxon Mobil Corporation | 2.42% | 23.0 | 14.8 | 2.0 | 2.30% | 2.33% |
| MU | Micron Technology, Inc. | 2.42% | 11.8 | 7.0 | 7.5 | 0.07% | 4.53% |
| JPM | JPMorgan Chase & Co. | 2.31% | 14.2 | 13.5 | 4.7 | 1.94% | 3.59% |
| GOOG | Alphabet Inc. | 2.29% | 16.9 | 21.8 | 9.2 | 0.26% | 3.00% |
| JNJ | Johnson & Johnson | 2.05% | 38.8 | 21.0 | 6.2 | 2.10% | 1.17% |
| V | Visa Inc. | 1.66% | 34.3 | 24.0 | 17.0 | 0.67% | 1.07% |
| MRK | Merck & Co., Inc. | 1.61% | 115.8 | 15.3 | 5.4 | 2.33% | 0.31% |
| HD | The Home Depot, Inc. | 1.23% | 21.5 | 19.8 | 1.8 | 3.01% | 1.27% |
| NVDA | NVIDIA Corporation | 1.19% | 27.1 | 24.9 | 17.1 | 0.47% | 0.98% |
| WMT | Walmart Inc. | 1.18% | 43.0 | 38.0 | 1.3 | 0.83% | 0.61% |
| PG | The Procter & Gamble Company | 1.16% | 24.1 | 21.2 | 4.3 | 2.73% | 1.07% |
| GILD | Gilead Sciences, Inc. | 0.99% | — | 15.6 | 6.4 | 2.10% | −0.37% |
| AMGN | Amgen Inc. | 0.99% | 26.9 | 16.7 | 6.1 | 2.33% | 0.81% |
| CVX | Chevron Corporation | 0.96% | 21.2 | 15.2 | 2.1 | 3.16% | 1.00% |
| KO | The Coca-Cola Company | 0.92% | 28.2 | 25.3 | 8.1 | 2.26% | 0.72% |
| COST | Costco Wholesale Corporation | 0.88% | 47.6 | 40.3 | 1.4 | 0.59% | 0.41% |
| CSCO | Cisco Systems, Inc. | 0.86% | 32.2 | 19.8 | 6.7 | 1.56% | 0.59% |
| IBM | International Business Machines Corporation | 0.81% | 20.6 | 17.4 | 3.2 | 2.91% | 0.87% |
| VZ | Verizon Communications Inc. | 0.78% | 11.7 | 8.7 | 1.3 | 6.32% | 1.48% |
| BMY | Bristol-Myers Squibb Company | 0.76% | 13.2 | 9.4 | 2.5 | 4.22% | 1.28% |
| AXP | American Express Company | 0.75% | 19.0 | 15.1 | 3.0 | 1.21% | 0.88% |
Share of earnings = the holding's part of the fund's combined trailing profit. Green: earns more than its weight; orange: less. Symbol links go to each company's key metrics.
About DFVX valuation
Adding up its 328 holdings with company data, DFVX trades at 21.9 times trailing earnings and 16.3 times analysts' forward estimates, with a price-to-book ratio of 4.75 and a dividend yield of 1.42%. Its earnings yield of 4.57% is 0.76 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 32.2% of the fund and earn 33.8% of its combined profit. By sector, Healthcare is the most expensive at 36.2 times earnings and Financial Services the cheapest at 14.5. Companies that lost money over the past year are 2.0% of the covered weight.
How these figures are calculated. Each ratio treats the fund as one company: the earnings, sales and book value of every holding are added up in proportion to its weight and divided into the fund's price. In practice that is a weighted harmonic mean, so a single stock with a very high P/E cannot distort the result, and loss-making companies reduce the fund's earnings instead of being dropped. Covers 99.2% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: DFVX chart, DFVX performance, DFVX holdings, DFVX dividends.
DFVX valuation FAQ
What is the P/E ratio of DFVX?
Based on its holdings, DFVX has a trailing P/E of 21.9 and a forward P/E of 16.3 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of DFVX?
The trailing earnings yield is 4.57% (1 ÷ P/E) and the forward earnings yield 6.15%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is DFVX more expensive than the S&P 500?
DFVX trades at 21.9 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 16.3 and 19.9.
What is the price-to-book ratio of DFVX?
The holdings of DFVX trade at 4.75 times book value, with a combined return on equity of 21.7%.
Which sector in DFVX has the highest P/E?
Healthcare has the highest P/E at 36.2 and Financial Services the lowest at 14.5.