DFAC vs TLT

Comparison between DIMENSIONAL U.S. CORE EQUITY 2 ETF (DFAC, ETF) and ISHARES 20+ YEAR TREASURY BOND ETF (TLT, ETF).

5-Year PerformanceDFAC has outperformed TLT, delivering a return of +11.7% compared to -5.9%

DFAC vs TLT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	DFAC(ETF)	TLT(ETF)
Net Assets	$45B	$43B
Expense Ratio	0.17%	0.15%
Max Drawdown	23.86%	51.76%
Sharpe Ratio	1.75	-0.04
5Y Beta	0.96	0.06
P/E Ratio	25.31	N/A
Forward P/E	18.22	N/A
5Y Dividends CAGR	N/A	14.06%
5Y EPS CAGR	21.95%	N/A
P/S Ratio	2.25	N/A
P/B Ratio	3.87	N/A

Net Assets

Winner

DFAC

$45B

TLT

$43B

Expense Ratio

DFAC

0.17%

Winner

TLT

0.15%

Max Drawdown

Winner

DFAC

23.86%

TLT

51.76%

Sharpe Ratio

Winner

DFAC

1.75

TLT

-0.04

5Y Beta

DFAC

0.96

Winner

TLT

0.06

P/E Ratio

DFAC

25.31

TLT

N/A

Forward P/E

DFAC

18.22

TLT

N/A

5Y Dividends CAGR

DFAC

N/A

TLT

14.06%

5Y EPS CAGR

DFAC

21.95%

TLT

N/A

P/S Ratio

DFAC

2.25

TLT

N/A

P/B Ratio

DFAC

3.87

TLT

N/A

DFAC vs TLT - Historical Returns

Returns include dividend reinvestment.

Period	DFAC	TLT
1 month	+5.67%	-1.89%
3 months	+6.22%	-4.44%
6 months	+12.34%	-2.98%
1 year	+26.94%	+3.22%
5 years(CAGR)	+11.68%	-5.92%
10 years(CAGR)	N/A	-1.66%
Max(CAGR)	+11.68%	+3.61%

Winner

DFAC

+5.67%

TLT

-1.89%

Winner

DFAC

+6.22%

TLT

-4.44%

Winner

DFAC

+12.34%

TLT

-2.98%

Winner

DFAC

+26.94%

TLT

+3.22%

5Y(CAGR)

Winner

DFAC

+11.68%

TLT

-5.92%

10Y(CAGR)

DFAC

N/A

TLT

-1.66%

Max(CAGR)

Winner

DFAC

+11.68%

TLT

+3.61%

DFAC vs TLT - Annual Returns (2002 - 2026)

Returns include dividend reinvestment.

Year	DFAC	TLT
2026	+8.89%	-1.11%
2025	+15.76%	+3.96%
2024	+20.22%	-7.53%
2023	+22.46%	+0.84%
2022	-15.31%	-29.39%
2021	+9.52%	-4.49%
2020	N/A	+16.83%
2019	N/A	+13.52%
2018	N/A	-0.53%
2017	N/A	+8.72%
2016	N/A	+0.45%
2015	N/A	-2.87%
2014	N/A	+26.91%
2013	N/A	-12.20%
2012	N/A	+4.20%
2011	N/A	+34.98%
2010	N/A	+9.14%
2009	N/A	-19.78%
2008	N/A	+32.03%
2007	N/A	+9.50%
2006	N/A	+0.84%
2005	N/A	+8.37%
2004	N/A	+10.01%
2003	N/A	+4.32%
2002	N/A	+9.75%

DFAC vs TLT Drawdown Comparison

The maximum drawdown for DFAC was -23.11%, occurring on Sep 30, 2022. Recovery took 488 trading sessions.

The maximum drawdown for TLT was -48.35%, occurring on Oct 19, 2023. This drawdown has not yet recovered.

The current DFAC drawdown is -0.02%. The current TLT drawdown is -41.04%.

Rank	DFAC	TLT
#1	-23.11% Jan 4, 2022 - Dec 13, 2023	-48.35% Aug 4, 2020 - Oct 19, 2023
#2	-20.02% Dec 4, 2024 - Jul 3, 2025	-26.58% Dec 30, 2008 - Aug 18, 2011
#3	-8.49% Feb 9, 2026 - Apr 15, 2026	-20.48% Jul 25, 2012 - Dec 10, 2014
#4	-8.27% Jul 16, 2024 - Sep 19, 2024	-17.88% Jul 8, 2016 - Jul 2, 2019
#5	-5.82% Mar 28, 2024 - May 15, 2024	-15.80% Jan 30, 2015 - Jun 9, 2016
#6	-5.54% Nov 16, 2021 - Dec 27, 2021	-15.73% Mar 9, 2020 - Apr 21, 2020
#7	-4.82% Oct 27, 2025 - Nov 28, 2025	-15.69% Jun 13, 2003 - Dec 15, 2004
#8	-4.49% Sep 2, 2021 - Oct 20, 2021	-10.91% Oct 3, 2011 - Dec 19, 2011
#9	-3.87% Jul 12, 2021 - Jul 29, 2021	-10.82% Jun 30, 2005 - Nov 24, 2006
#10	-3.19% Oct 6, 2025 - Oct 24, 2025	-10.41% Dec 19, 2011 - May 17, 2012
#11	-3.12% Jun 15, 2021 - Jun 25, 2021	-8.63% Apr 21, 2020 - Jul 30, 2020
#12	-2.97% Oct 18, 2024 - Nov 6, 2024	-8.24% Aug 28, 2019 - Feb 20, 2020
#13	-2.75% Jul 25, 2025 - Aug 12, 2025	-8.03% Dec 4, 2006 - Aug 31, 2007
#14	-2.59% Dec 27, 2023 - Jan 22, 2024	-7.49% Mar 20, 2008 - Sep 4, 2008
#15	-2.55% Nov 11, 2024 - Nov 25, 2024	-6.68% Sep 24, 2002 - Feb 20, 2003

Correlation

Correlation between DFAC and TLT is -0.41 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.41

-101

Dividend Comparison (2002 - 2026)

DFAC vs TLT dividend yield comparison.

Year	DFAC	TLT
2026	0.23%	1.52%
2025	0.97%	4.43%
2024	1.03%	4.30%
2023	1.20%	3.38%
2022	1.50%	2.67%
2021	0.88%	1.50%
2020	0.00%	1.50%
2019	0.00%	2.27%
2018	0.00%	2.63%
2017	0.00%	2.43%
2016	0.00%	2.60%
2015	0.00%	2.61%
2014	0.00%	2.67%
2013	0.00%	3.26%
2012	0.00%	2.68%
2011	0.00%	3.30%
2010	0.00%	4.16%
2009	0.00%	4.05%
2008	0.00%	3.49%
2007	0.00%	4.50%
2006	0.00%	4.52%
2005	0.00%	4.55%
2004	0.00%	4.68%
2003	0.00%	5.30%
2002	0.00%	2.19%