REWahoo
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In a quick look at the referenced comparisons I don't see a clear winner. For example...
DFA vs. Vanguard - Which is better? - CBS NewsThe findings from the study
Tower and Zhang looked at equity returns of DFA and Vanguard funds from the end of 1982, when DFA data became available, until August 31, 2009. The findings surprised me.The DFA equity portfolio has not consistently outperformed the Vanguard equity portfolio. Over the entire life of the DFA equity portfolio, its return is less than that of the Vanguard equity portfolio, even without adding in adviser and transaction fees for the DFA portfolio. However, for the period of the start of the growth stock bubble (end of 1995) through August 31, 2009, DFA, even with an adviser and transaction fee of up to 1%/year, out-returned the Vanguard portfolio.Thus, according to the study, the answer is dependent upon which period of time is being studied. Ed Tower noted to me that the DFA portfolio showed less volatility, which is one measure of risk. The question of which is better remains unanswered, especially going forward.