Which returned more over the last year, DFUS or VPU?

In the year to Oct 28, 2026, with distributions reinvested, DFUS returned +13.8% and VPU −3.3%.

Which is cheaper, DFUS or VPU?

Neither: DFUS and VPU both charge 0.09% a year. Fees come from each fund's prospectus.

How much do DFUS and VPU overlap with the S&P 500?

By their latest filed holdings, 89% of DFUS and 90% of VPU by weight is stocks the S&P 500 already holds.

Data as of Oct 28, 2026.

Across categories

DFUS vs VPU: Differences, Returns & Fees

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Over the year to Oct 28, 2026, DFUS returned +13.8% to VPU's −3.3%; 2% of their weight is in the same names.

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Net assets: $20.9bn on Jul 31, 2026 for Dimensional U.S. Equity Market ETF, and $7.7bn on Sep 30, 2026 for Vanguard Utilities ETF.

DFUS on its own →VPU on its own →

At a glance

+13.8%

DFUS total return, 1 year

−3.3%

VPU total return, 1 year

0.09%

DFUS expense ratio

0.09%

VPU expense ratio

Pair scorecard

Both cost 0.09% a year; their one-year returns differ by 17.1 points.

Points (pts) are percentage points.

DFUS vs VPU: Differences, Returns & Fees
Measure	DFUS	VPU
Return
Measure	DFUS	VPU
Total return, 1 year	+13.8%	−3.3%
Drawdown
Measure	DFUS	VPU
Below its high		8.9%, high on Feb 27, 2026
Benchmark
Measure	DFUS	VPU
What it tracks	No index, actively managed	MSCI US Investable Market Index (IMI)/Utilities 25/50
Cost and size
Measure	DFUS	VPU
Expense ratio	0.09%	0.09%
Net assets, DFUS as of Jul 31, 2026 and VPU as of Sep 30, 2026	$20.9bn	$7.7bn
Holdings
Measure	DFUS	VPU
Holdings in common	2%
Top ten holdings, share of the fund	34.6%	52.3%

Holdings in common uses holdings dated Jul 31, 2026 and Sep 30, 2026. Method

What they share

By the books each fund has filed, DFUS and VPU hold 2% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Sep 30, 2026.

50%

0 half 100%

half

2% in common

Positions both hold · largest shared weight first DFUS VPU

NEXTERA ENERGY, INC. 0.26% 11.39%

THE SOUTHERN COMPANY 0.15% 6.74%

DUKE ENERGY CORPORATION 0.14% 6.41%

CONSTELLATION ENERGY CORPORATION. 0.12% 5.72%

AMERICAN ELECTRIC POWER COMPANY, INC. 0.10% 4.66%

Dominion Energy, Inc. 0.09% 3.84%

SEMPRA 0.09% 3.68%

ENTERGY CORPORATION 0.07% 3.34%

VISTRA CORP. 0.07% 3.37%

Xcel Energy Inc. 0.07% 3.17%

EXELON CORPORATION 0.07% 2.98%

CONSOLIDATED EDISON, INC. 0.06% 2.72%

Only in one fund ↓

Only in DFUS

NVIDIA CORPORATION 6.75%

APPLE INC. 6.45%

MICROSOFT CORPORATION 4.99%

AMAZON.COM, INC. 3.83%

ALPHABET INC. 3.00%

BROADCOM INC. 2.63%

ALPHABET INC. 2.48%

META PLATFORMS, INC. 1.77%

Only in VPU

SLBBH1142 0.42%

TXNM Energy Inc 0.42%

Oklo Inc 0.35%

MKTLIQ 0.24%

Fervo Energy Co 0.08%

XPLR Infrastructure LP 0.07%

Cadiz Inc 0.01%

Check overlap with more funds →

Side by side

DFUS Dimensional U.S. Equity Market ETF VPU Vanguard Utilities ETF

Where it sits Stock ETF Stock ETF

Issuer Dimensional Vanguard

What it is Actively managed Tracks an index of Utilities

Total return, 1 year +13.8% −3.3%

Its benchmark over the same days +13.3% (IWV) −3.3% (FUTY)

Gap to its benchmark +0.5 pts vs IWV 0.0 pts vs FUTY

Expense ratio 0.09% 0.09%

Already in the S&P 500 89.4% 89.7%

Holdings 2236 70

Net assets, DFUS as of Jul 31, 2026 and VPU as of Sep 30, 2026 $20.9bn $7.7bn

DFUS and VPU on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Alert

About each fund

DFUS

Over the year to Oct 28, 2026 it returned +13.8% with distributions reinvested, against +13.3% for its benchmark, the Russell 3000 Index.

DFUS is actively managed and tracks no index. The prospectus expense ratio is 0.09% a year. By its holdings filed for Jul 31, 2026, 89% of the fund by weight is stocks the S&P 500 also holds, across 2,236 positions, with the top ten at 34.6%.

VPU

VPU tracks an index of Utilities. Over the year to Oct 28, 2026 it returned −3.3% with distributions reinvested, against −3.3% for its benchmark, the MSCI US Investable Market Index (IMI)/Utilities 25/50. By its holdings published by its issuer as of Sep 30, 2026, 90% of the fund by weight is stocks the S&P 500 also holds, across 70 positions, with the top ten at 52.3%. It sat 8.9% below its high of Feb 27, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, DFUS or VPU?: In the year to Oct 28, 2026, with distributions reinvested, DFUS returned +13.8% and VPU −3.3%.
Which is cheaper, DFUS or VPU?: Neither: DFUS and VPU both charge 0.09% a year. Fees come from each fund's prospectus.
How much do DFUS and VPU overlap with the S&P 500?: By their latest filed holdings, 89% of DFUS and 90% of VPU by weight is stocks the S&P 500 already holds.

Other comparisons

DFUS vs XLU DFUS vs VOX DFUS vs VDE DFUS vs KRE DYNF vs VPU SCHB vs VPU DIA vs VPU QUAL vs VPU

Where to next

DFUS on its own →VPU on its own →Hold both: look the portfolio through →Rankings →DFUS dividend history →DFUS holdings →VPU dividend history →VPU holdings →Standards and sources →

Sources and dates

DFUS filings on SEC EDGAR ↗

DFUS prospectus with the expense ratio (SEC) ↗

Dimensional website ↗

VPU filings on SEC EDGAR ↗

VPU prospectus with the expense ratio (SEC) ↗

Vanguard page for VPU ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, DFUS against VPU, data as of Oct 28, 2026. https://etfiq.com/compare/any/dfus-vs-vpu

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.