DFAC — U.S. Core Equity 2 Portfolio-ETF Class Shares

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.

Overview

The Dimensional Fund Advisors U.S. Core Equity 2 Portfolio-ETF Class Shares is a US Large Cap Blend fund with $38.4 billion in assets under management. It holds a B+ grade and ranks 9th out of 19 peers in its category, placing it 48th among all 458 tracked ETFs. The fund’s 0.18% expense ratio exceeds the category median of 0.06%, while its 0.88% dividend yield trails the peer average of 1.03%. Top holdings account for 27.1% of assets, with NVIDIA CORPORATION representing the largest single position at 5.3%.

The fund’s price of $44.74 sits at 81.9% of its 52-week range, reflecting a recent upgrade from B to B+ on October 19, 2026. Short-term returns show a slight dip over the past month, but the one-year gain of 17.31% outpaces the category median of 14.74%. This momentum builds on a strong three-year return of 83.58%, despite the fund having only three years of price history available. The divergence between recent monthly weakness and longer-term strength highlights the fund's current trajectory.

With an annualized volatility of 12.21%, the fund is classified as Low risk, supported by a Sharpe ratio of 1.01. The maximum drawdown of -20.02% indicates the peak-to-trough decline experienced during the recorded period. Liquidity is robust, with an average daily volume of 1,963,157 shares facilitating trading activity. The absence of a beta figure limits direct comparison to market movement, but the volatility and drawdown metrics suggest a controlled risk profile relative to its returns.

AI-generated summary based on the data on this page.

DFAC Top Holdings

Holdings as of 2026-07-31 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 27.1% 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 — AVUS overlaps most, holding 9 of the same companies as DFAC's top 10 (24.7% of DFAC's assets).

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: 4.96% (as of 2026-10-22) — 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): 19.03 (as of 2026-10-22) — 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: 3.75% (as of 2026-09-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

DFAC Liquidity, Domicile & Tax Treatment

Liquidity: Average daily volume is 2.0M/day. Higher volume and a larger fund generally mean lower round-trip trading costs. AUM of $38.4B 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

How DFAC Compares to Other US Large Cap Blend ETFs