Dimensional - US Core Equity Market ETF

Frequently Asked Questions About DFAU

What does DFAU invest in?

The Dimensional - US Core Equity Market ETF (DFAU) aims to construct a portfolio spanning a diverse range of U.S. companies, regardless of their size. Its investment approach strategically overweights businesses that exhibit smaller market capitalizations, more attractive valuations (lower relative prices), and higher profitability, giving them greater prominence than their general representation within the broader U.S. equity market. A core principle dictates that, under typical circumstances, the fund will commit at least 80% of its net assets to equity securities of U.S.-based companies. Additionally, the fund's advisor possesses the discretion to actively manage positions, either increasing or decreasing exposure to a particular company, or even excluding it, based on shorter-term analytical factors such as its price momentum and other pertinent investment characteristics.

What is the expense ratio of DFAU?

Dimensional - US Core Equity Market ETF (DFAU) charges an expense ratio of 0.12%. This is the annual fee deducted from fund assets to cover management and operations.

How big is DFAU?

Dimensional - US Core Equity Market ETF (DFAU) manages $12.89B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is DFAU actively managed or an index fund?

DFAU is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (DFAU's is 0.12%) in exchange for the discretion to over- or under-weight positions.

When was DFAU launched?

Dimensional - US Core Equity Market ETF (DFAU) launched in November 2020 and is managed by Dimensional.

How has DFAU performed?

DFAU's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.