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DFNLvsVFHETF Comparison

ETF 1

DFNL

Davis Select Financial ETF

This fund is part of

Uncategorized Equities

-0.83%

Full DFNL fund page

VS

ETF 2

VFH

Vanguard Financials ETF

This fund is part of

US Financials

+0.15%

Full VFH fund page

Davis Select Financial ETF (DFNL) belongs to the Uncategorized Equities segment. Vanguard Financials ETF (VFH) is part of the US Financials segment. DFNL's top 3 sector exposures are Financials, Information Technology and Consumer Discretionary. In contrast, VFH's top sector exposures are Financials, Information Technology and Real Estate. DFNL is more expensive with a Total Expense Ratio (TER) of 0.63%, versus 0.09% for VFH. DFNL is down -2.05% year-to-date (YTD) with +$80M in YTD flows. VFH performs worse with -4.01% YTD performance, and -$277M in YTD flows. Run a side-by-side ETF comparison of DFNL and VFH below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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DFNL vs VFH performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 04/28/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	DFNL VFH	+7.88%+7.99%	-1.22%-1.49%	-2.05%-4.01%	+22.74%+12.10%	+77.46%+69.73%	+64.02%+58.29%
Flows	DFNL VFH	+$58K-$394M	+$15M-$537M	+$80M-$277M	+$159M+$75M	+$182M+$296M	+$155M-$754M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	DFNL VFH	+17.62%+18.01%	+14.65%+15.19%	+16.88%+16.98%	+19.07%+19.64%
Max drawdown	DFNL VFH	-12.61%-11.80%	-12.61%-14.72%	-16.11%-17.30%	-26.10%-25.72%
Max drawdown duration	DFNL VFH	79d79d	79d112d	164d129d	788d770d

Trading data

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	DFNL	VFH
Last sale 4/29/2026 at 1:30 PM	$46.51	$127.52
Previous close 04/28/2026	$47.23	$127.73
Consolidated volume 04/28/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of March 31, 2026

1-year trailing difference

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DFNL

is actively managed and doesn’t replicate an index

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	DFNL	VFH
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 4/29/2026 at 1:30 PM

Live

Closed

	DFNL	VFH
Last price	$46.51	$127.52
1D performance	-1.54%	-0.16%
AuM	$467.88 M	$12.53 B
E/R	0.63%	0.09%

Characteristics

	DFNL	VFH
Management strategy	Active	Passive
Provider	Davis ETFs	Vanguard
Benchmark	-	MSCI US IMI Financials 25/50 Index
N° of holdings	30	378
Asset class	-	Equities
Trailing 12m distribution yield	Join	Join
Inception date	January 11, 2017	January 26, 2004
ESG	No	No

More DFNL data on Trackinsight

More VFH data on Trackinsight

Exposure

Countries

DFNL

USA

70.63%

Switzerland

9.26%

Bermuda

7.59%

Other

12.52%

VFH

USA

88.77%

Other

11.23%

Sectors

DFNL

Financials

95.21%

Other

4.79%

VFH

Financials

78.3%

Information Techn.

11.42%

Other

10.28%

Diversification

DFNL

Total weight of top 15 holdings out of 15

71.05%

VFH

Total weight of top 15 holdings out of 15

50.78%

Top 15 holdings

Data as of March 31, 2026

DFNL

CAPITAL ONE FINANCIAL

9.90%

BERKSHIRE HATHWAY

5.90%

US

5.59%

FIFTH THIRD BANCORP

5.17%

MARKET CORPORATION

5.04%

CHUBB LTD

4.98%

WELLS FARGO

4.95%

PNC FINL SVC

4.81%

JPMORGAN CHASE

4.40%

JULIUS BAER

4.28%

AMERICAN EXPRESS

3.63%

LOEWS

3.44%

RENAISSANCERE

3.31%

DBS GROUP HOLDINGS

2.94%

EXOR SPA

2.72%

VFH

JPMORGAN CHASE

9.06%

BERKSHIRE HATHWAY

7.99%

MASTERCARD

5.13%

VISA INCORPORATION

3.98%

BK OF AMERICA CO

3.85%

WELLS FARGO

3.03%

THE GOLDMAN SACHS GROUP

2.92%

MORGAN STANLEY

2.37%

CITIGROUP

2.31%

AMERICAN EXPRESS

2.02%

CHARLES SCHWAB

1.92%

US09290D1019

1.72%

S&P GLOBAL INC

1.60%

CHUBB LTD

1.48%

PROGRESSIVE

1.41%

Frequently asked questions about DFNL and VFH

How have the DFNL and VFH ETFs performed in 2026?

As of April 28, 2026, DFNL is down -2.05% year-to-date (YTD), while VFH has lost -4.01%. That puts DFNL better performer ahead so far this year.

Which ETF is attracting more investor money: DFNL or VFH?

Year-to-date, the DFNL ETF saw +$80M in flows, compared to -$277M for VFH.

Which ETF is more volatile: DFNL or VFH?

Over the past year, DFNL had a volatility of 14.65%, while VFH experienced 15.19%.

Which ETF is bigger: DFNL or VFH?

As of April 28, 2026, DFNL holds $467.88 M in assets under management (AUM), while VFH manages $12.53 B.

What sectors do the DFNL and VFH ETFs invest in?

DFNL leans toward sectors like Financials. Meanwhile, VFH focuses on Financials and Information Technology.

What are the top holdings of the DFNL ETF and VFH ETF?

DFNL top holdings include CAPITAL ONE FINANCIAL, BERKSHIRE HATHWAY and US. VFH holds in its top three: JPMORGAN CHASE, BERKSHIRE HATHWAY and MASTERCARD.

DFNLvsVFHETF Comparison

Davis Select Financial ETF

Vanguard Financials ETF

DFNL vs VFH performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the DFNL and VFH ETFs performed in 2026?

As of April 28, 2026, DFNL is down -2.05% year-to-date (YTD), while VFH has lost -4.01%. That puts DFNL better performer ahead so far this year.

Which ETF is attracting more investor money: DFNL or VFH?

Year-to-date, the DFNL ETF saw +$80M in flows, compared to -$277M for VFH.

Which ETF is more volatile: DFNL or VFH?

Over the past year, DFNL had a volatility of 14.65%, while VFH experienced 15.19%.

Which ETF is bigger: DFNL or VFH?

As of April 28, 2026, DFNL holds $467.88 M in assets under management (AUM), while VFH manages $12.53 B.

What sectors do the DFNL and VFH ETFs invest in?

DFNL leans toward sectors like Financials. Meanwhile, VFH focuses on Financials and Information Technology.

What are the top holdings of the DFNL ETF and VFH ETF?

DFNL top holdings include CAPITAL ONE FINANCIAL, BERKSHIRE HATHWAY and US. VFH holds in its top three: JPMORGAN CHASE, BERKSHIRE HATHWAY and MASTERCARD.

Which ETF is more diversified: DFNL or VFH?

DFNL holds 31 securities with 71.05% of its assets in the top 15. VFH has 415 securities and a top 15 weight of 50.78%.

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