DFAC — Dimensional U.S. Core Equity 2 ETF

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 U.S. Core Equity 2 ETF (DFAC) is a US Large Cap Blend fund issued by Dimensional Fund Advisors that currently holds an asset base of $47.4 billion. With a share price of $44.07, the fund has achieved significant investor adoption as evidenced by its substantial assets under management. It carries an expense ratio of 0.17% and offers a dividend yield of 0.91%. In terms of broader evaluation, the ETF holds an overall rank of #57 out of 458 tracked ETFs across all categories. It has received an ETFValuer grade of B, corresponding to a score of 74.4 out of 100. This ranking places it within the top 13% of all tracked funds despite the category containing 19 ETFs. The combination of low costs and high assets suggests strong institutional and retail interest in the fund's strategy.

Recent price action shows a decline of 0.74% over the last day and a further drop of 1.12% over the past week. However, the fund has recovered to post a 1.03% gain over the last month and a 4.86% increase over the last three months. Momentum has accelerated further with a 9.19% return over six months and a year-to-date gain of 11.31%. The one-year return stands at 21.42%, while the three-year return totals 62.09%. This trajectory indicates a pattern where short-term volatility has given way to sustained positive performance over longer horizons. The data shows a clear divergence between the recent weekly losses and the robust multi-year growth figures.

The fund is classified with a Low volatility label and exhibits a beta of 0.99, suggesting its price movements closely mirror the broader market with slightly less sensitivity. A Sharpe ratio of 1.31 indicates that the fund has generated a favorable amount of excess return relative to the risk taken during the measured period. Despite this efficiency, the fund experienced a maximum drawdown of -20.02%, reflecting the depth of losses during its worst historical period. This combination of low volatility and a high Sharpe ratio implies the fund manages downside risk effectively while capturing upside potential. The beta near 1.0 confirms the fund moves in tandem with the market, while the drawdown figure highlights the potential magnitude of temporary declines even in a low-volatility environment.

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

DFAC Top Holdings

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).

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: 4.71% (as of 2026-07-23) — 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): 18.70 (as of 2026-07-23) — 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.

DFAC Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 2.18% and average daily volume is 2.0M/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

How DFAC Compares to Other US Large Cap Blend ETFs