VCRM vs DFAR

Comparison between VANGUARD CORE TAX-EXEMPT BOND ETF ETF SHARES (VCRM, ETF) and DIMENSIONAL US REAL ESTATE ETF (DFAR, ETF).

VCRM vs DFAR - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	VCRM(ETF)	DFAR(ETF)
Net Assets	$1.80B	$1.80B
Expense Ratio	0.12%	0.19%
Max Drawdown	5.17%	34.66%
Sharpe Ratio	0.70	0.85
5Y Beta	0.03	0.44
P/E Ratio	N/A	35.73
Forward P/E	N/A	34.71
5Y EPS CAGR	N/A	10.17%
Debt to Equity	N/A	47.63%
P/S Ratio	N/A	7.41
P/B Ratio	N/A	2.64

Net Assets

VCRM

$1.80B

DFAR

$1.80B

Expense Ratio

Winner

VCRM

0.12%

DFAR

0.19%

Max Drawdown

Winner

VCRM

5.17%

DFAR

34.66%

Sharpe Ratio

VCRM

0.70

Winner

DFAR

0.85

5Y Beta

Winner

VCRM

0.03

DFAR

0.44

P/E Ratio

VCRM

N/A

DFAR

35.73

Forward P/E

VCRM

N/A

DFAR

34.71

5Y EPS CAGR

VCRM

N/A

DFAR

10.17%

Debt to Equity

VCRM

N/A

DFAR

47.63%

P/S Ratio

VCRM

N/A

DFAR

7.41

P/B Ratio

VCRM

N/A

DFAR

2.64

VCRM vs DFAR - Historical Returns

Returns include dividend reinvestment.

Period	VCRM	DFAR
1 month	+0.34%	-2.63%
3 months	+0.02%	+2.10%
6 months	-0.61%	+7.18%
1 year	+5.92%	+16.15%
5 years(CAGR)	N/A	+3.96%
Max(CAGR)	+3.19%	+3.96%

Winner

VCRM

+0.34%

DFAR

-2.63%

VCRM

+0.02%

Winner

DFAR

+2.10%

VCRM

-0.61%

Winner

DFAR

+7.18%

VCRM

+5.92%

Winner

DFAR

+16.15%

5Y(CAGR)

VCRM

N/A

DFAR

+3.96%

Max(CAGR)

VCRM

+3.19%

Winner

DFAR

+3.96%

VCRM vs DFAR - Annual Returns (2022 - 2026)

Returns include dividend reinvestment.

Year	VCRM	DFAR
2026	+1.29%	+17.14%
2025	+4.67%	+2.24%
2024	-0.58%	+4.24%
2023	N/A	+11.20%
2022	N/A	-14.29%

VCRM vs DFAR Drawdown Comparison

The maximum drawdown for VCRM was -4.12%, occurring on Apr 11, 2025. Recovery took 133 trading sessions.

The maximum drawdown for DFAR was -32.25%, occurring on Oct 25, 2023. Recovery took 1000 trading sessions.

The current VCRM drawdown is -1.42%. The current DFAR drawdown is -2.63%.

Rank	VCRM	DFAR
#1	-4.12% Feb 26, 2025 - Sep 8, 2025	-32.25% Apr 20, 2022 - Apr 16, 2026
#2	-2.72% Feb 27, 2026 - Jun 18, 2026	-5.26% Jul 24, 2026 - Aug 11, 2026
#3	-2.64% Dec 6, 2024 - Feb 26, 2025	-3.26% Jun 12, 2026 - Jun 26, 2026
#4	-2.07% Jul 2, 2026 - Jul 23, 2026	-3.24% May 26, 2026 - Jun 9, 2026
#5	-0.44% Sep 22, 2025 - Oct 6, 2025	-2.71% Apr 20, 2026 - May 6, 2026
#6	-0.42% Nov 28, 2025 - Dec 30, 2025	-2.69% May 6, 2026 - May 20, 2026
#7	-0.39% Oct 22, 2025 - Nov 11, 2025	-2.33% Mar 4, 2022 - Mar 17, 2022
#8	-0.37% Jan 14, 2026 - Jan 30, 2026	-2.17% Jun 26, 2026 - Jul 16, 2026
#9	-0.36% Nov 11, 2025 - Nov 18, 2025	-2.14% Apr 6, 2022 - Apr 20, 2022
#10	-0.21% Oct 13, 2025 - Oct 16, 2025	-2.01% Feb 25, 2022 - Mar 3, 2022
#11	-0.18% Nov 21, 2025 - Nov 26, 2025	-1.70% Mar 29, 2022 - Apr 1, 2022
#12	-0.17% Oct 7, 2025 - Oct 10, 2025	-1.49% Mar 18, 2022 - Mar 25, 2022
#13	-0.13% Dec 2, 2024 - Dec 6, 2024	-1.03% Jul 17, 2026 - Jul 24, 2026
#14	-0.12% Jan 7, 2026 - Jan 9, 2026	-1.00% Apr 1, 2022 - Apr 6, 2022
#15	-0.12% Feb 5, 2026 - Feb 9, 2026	N/A