DFAC — Dimensional U.S. Core Equity 2 ETF
US Large Cap Blend Ranked #64 of 458 tracked ETFs · Issued by Dimensional Fund Advisors
DFAC Price Performance — Growth of $10,000
Value of a $10,000 investment in DFAC over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.
DFAC Drawdown
The "underwater" chart: DFAC's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.
What If You'd Invested in DFAC?
See what a lump sum in DFAC would have grown to, with the option to add a regular monthly contribution on top. Figures use total returns — dividends are assumed reinvested.
Past performance doesn't predict future results. Assumes contributions on the first trading day of each month, no trading costs or taxes, and reinvested distributions. History is limited to the range published in the site's daily return data.
Overview
The Dimensional U.S. Core Equity 2 ETF (DFAC) is a US Large Cap Blend fund managed by Dimensional Fund Advisors. With assets under management totaling $47.4 billion and a current share price of $43.74, the fund demonstrates significant investor adoption within its sector. It holds an overall rank of #64 out of 458 tracked ETFs across all categories, earning an ETFValuer grade of B with a score of 72.9 out of 100. The fund charges an expense ratio of 0.17% and offers a dividend yield of 0.91%. This combination of low cost and substantial assets suggests a mature vehicle that competes effectively among the 19 ETFs ETFValuer tracks in the US Large Cap Blend category.
Recent performance data shows a decline over the shortest horizons, with the fund down 1.42% over one day and 1.49% over one week. The one-month return of -0.86% indicates continued short-term weakness before the trend shifted positively. Over the next three months, the fund recovered to post a gain of 4.27%, followed by a stronger 6-month return of 7.45%. Year-to-date performance has accelerated to +10.47%, while the one-year return stands at +19.31%. The long-term trajectory is most evident in the three-year return, which has reached +63.08%.
DFAC carries a low volatility label and a beta of 0.99, suggesting its price movements generally align closely with the broader market. The fund's Sharpe ratio of 1.13 indicates a favorable risk-adjusted return profile relative to its volatility. However, the maximum drawdown of -20.02% highlights the potential for significant temporary losses during market downturns. This combination of low beta and a substantial drawdown implies the fund experiences market-like declines but may offer smoother returns over time. The data suggests the fund navigates down markets with a magnitude similar to the index while maintaining a strong risk-adjusted performance record.
AI-generated summary based on the data on this page.
DFAC Top Holdings
| # | Holding | % of Net Assets | Value |
|---|---|---|---|
| 1 | NVIDIA CORPORATION | 5.60% | $2.49B |
| 2 | APPLE INC. | 4.68% | $2.08B |
| 3 | MICROSOFT CORPORATION | 3.92% | $1.74B |
| 4 | DIMENSIONAL FUND ADVISORS LP | 3.35% | $1.49B |
| 5 | AMAZON.COM, INC. | 3.06% | $1.36B |
| 6 | ALPHABET INC. | 2.14% | $951M |
| 7 | META PLATFORMS, INC. | 1.87% | $833M |
| 8 | ALPHABET INC. | 1.69% | $753M |
| 9 | JPMORGAN CHASE & CO. | 1.00% | $444M |
| 10 | BROADCOM INC. | 0.95% | $422M |
Holdings as of 2026-04-30 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 28.3% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how DFAC's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.
Which Funds Overlap With DFAC
Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with DFAC's top 10 — DFUS overlaps most, holding 8 of the same companies as DFAC's top 10 (27.3% of DFAC's assets).
| ETF | Name | Shared Companies | DFAC Weight | Examples |
|---|---|---|---|---|
| DFUS | Dimensional U.S. Equity Market ETF | 8 | 27.3% | NVIDIA CORPORATION, APPLE INC., ALPHABET INC.… |
| AVUS | Avantis US Equity ETF | 8 | 24.9% | NVIDIA CORPORATION, APPLE INC., ALPHABET INC.… |
| DYNF | iShares U.S. Equity Factor Rotation Active ETF | 8 | 24.9% | NVIDIA CORPORATION, APPLE INC., MICROSOFT CORPORATION… |
| LRGF | iShares U.S. Equity Factor ETF | 8 | 24.9% | NVIDIA CORPORATION, APPLE INC., MICROSOFT CORPORATION… |
| VT | Vanguard Total World Stock Index Fund ETF Shares | 7 | 23.9% | NVIDIA CORPORATION, APPLE INC., ALPHABET INC.… |
Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.
Market Backdrop
10-Year Treasury Yield: 4.61% (as of 2026-07-28) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.
CBOE Volatility Index (VIX): 18.21 (as of 2026-07-28) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.
Federal Funds Rate: 3.63% (as of 2026-06-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.
What DFAC's Fees Cost You
DFAC charges an expense ratio of 0.17% a year, deducted automatically from the fund's value. Small percentages compound into real money — adjust the figures below to see the impact on your own numbers.
Assumes a constant gross return and no additional contributions — a simplification, but it isolates exactly what the expense ratio costs. Try the full fee calculator to model contributions and compare any two funds.
DFAC Dividend Income Estimator
DFAC currently yields 0.91%. Enter an amount to see the income that implies, or set a monthly income target to see the investment it would take.
Based on the fund's current trailing yield, which varies with price and distributions — treat it as an estimate, not a guarantee. Yields are not adjusted for tax.
DFAC Liquidity, Domicile & Tax Treatment
Liquidity: Quoted bid/ask spread is 2.32% and average daily volume is 2.1M/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $47.4B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.
Domicile & tax treatment: DFAC is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.
DFAC Performance History
| Period | Return |
|---|---|
| 1-Day | -1.42% |
| 1-Week | -1.49% |
| 1-Month | -0.86% |
| 3-Month | +4.27% |
| 6-Month | +7.45% |
| YTD | +10.47% |
| 1-Year | +19.31% |
| 3-Year | +63.08% |
How DFAC Compares to Other US Large Cap Blend ETFs
| Rank | Grade | Ticker | Name | 1-Year | Exp. Ratio | AUM |
|---|---|---|---|---|---|---|
| #10 | B+ |
FNDX | Schwab Fundamental U.S. Large Company ETF | +27.95% | 0.25% | $25.9B |
| #56 | B |
AVUS | Avantis US Equity ETF | +21.05% | 0.15% | $13.8B |
| #59 | B |
VOO | Vanguard S&P 500 ETF | +15.90% | 0.03% | $1671B |
| #63 | B |
IVV | iShares Core S&P 500 ETF | +15.93% | 0.03% | $888B |
| #64 | B |
DFAC | Dimensional U.S. Core Equity 2 ETF | +19.31% | 0.17% | $47.4B |
| #71 | B |
VTI | Vanguard Morningstar Total Stock Market ETF | +16.27% | 0.03% | $2298B |
| #79 | B |
RSP | Invesco S&P 500 Equal Weight ETF | +17.52% | 0.2% | $93.7B |
| #85 | B |
ITOT | iShares Core S&P Total U.S. Stock Market ETF | +16.16% | 0.03% | $94.1B |
| #89 | B |
SPY | State Street SPDR S&P 500 ETF Trust | +15.79% | 0.0945% | $781B |
| #98 | B |
VV | Vanguard Morningstar Large-Cap ETF | +15.38% | 0.03% | $73.8B |
| #102 | B |
SCHX | Schwab U.S. Large-Cap ETF | +15.43% | 0.03% | $71.6B |
| #103 | B |
SCHB | Schwab U.S. Broad Market ETF | +16.12% | 0.03% | $43.2B |
| #108 | B |
SPTM | State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF | +16.23% | 0.03% | $13.6B |
| #126 | B |
DFUS | Dimensional U.S. Equity Market ETF | +16.24% | 0.09% | $21.0B |
| #135 | B |
IWB | iShares Russell 1000 ETF | +15.21% | 0.15% | $48.3B |
| #143 | B |
IWV | iShares Russell 3000 ETF | +15.92% | 0.2% | $19.5B |
| #146 | B |
VONE | Vanguard Russell 1000 Index Fund ETF Shares | +15.39% | 0.06% | $11.5B |
| #149 | B |
VTHR | Vanguard Russell 3000 Index Fund ETF Shares | +16.06% | 0.06% | $6.10B |
| #176 | C |
ILCB | iShares Morningstar U.S. Equity ETF | +15.56% | 0.03% | $1.27B |