DFAC — Dimensional U.S. Core Equity 2 ETF
US Large Cap Blend Ranked #65 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 is a large-cap blend fund issued by Dimensional Fund Advisors with $49.1 billion in assets under management. It holds a B grade and ranks 10th out of 19 peers in its category, placing it in the middle of the pack for US Large Cap Blend funds. The fund’s overall standing is stronger at #65 of 458 tracked ETFs across all categories. Its 0.17% expense ratio is significantly higher than the category median of 0.06%, though its 0.89% dividend yield matches the peer average. The fund’s portfolio is concentrated, with the top 10 holdings representing 28.3% of assets and NVIDIA Corporation as the largest single position at 5.6%.
The fund’s price of $45.11 sits at 87.2% of its 52-week range, indicating it is near the top of its recent trading band. Short-term performance shows a slight dip over the last day and month, but the trend accelerates over longer horizons with a 19.93% return over the past year. This one-year result exceeds the category median of 18.63%, while the three-year return stands at 70.15%. The ETFValuer grade was recently downgraded from B+ to B on August 7, 2026. This rating change occurs despite the fund having only 3.0 years of price history available for analysis.
With a beta of 0.98, the fund’s movements closely track the broader market’s direction. It exhibits low annualized volatility of 12.45% and a Sharpe ratio of 1.20, suggesting efficient risk-adjusted returns relative to its price fluctuations. The maximum drawdown recorded is -20.02%, reflecting the depth of its most significant recent decline. Liquidity is supported by an average daily volume of 2,096,164 shares and a bid-ask spread of 0.27%. These metrics collectively describe a fund that has behaved with moderate stability and reasonable trading ease.
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: 4.80% (as of 2026-09-08) — 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): 15.72 (as of 2026-09-08) — 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 2026-08-01) — 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 0.89%. 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 0.27% 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 $49.1B 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 | -0.59% |
| 1-Week | +0.09% |
| 1-Month | -1.74% |
| 3-Month | +3.79% |
| 6-Month | +13.45% |
| YTD | +13.93% |
| 1-Year | +19.93% |
| 3-Year | +70.15% |
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 | +27.27% | 0.25% | $27.6B |
| #38 | B+ |
VOO | Vanguard S&P 500 ETF | +18.88% | 0.03% | $1757B |
| #43 | B+ |
IVV | iShares Core S&P 500 ETF | +18.88% | 0.03% | $884B |
| #48 | B+ |
AVUS | Avantis US Equity ETF | +22.92% | 0.15% | $14.5B |
| #50 | B |
SPY | State Street SPDR S&P 500 ETF Trust | +18.81% | 0.0945% | $812B |
| #51 | B |
VV | Vanguard Morningstar Large-Cap ETF | +18.64% | 0.03% | $76.2B |
| #56 | B+ |
VTI | Vanguard Morningstar Total Stock Market ETF | +18.52% | 0.03% | $2344B |
| #63 | B |
ITOT | iShares Core S&P Total U.S. Stock Market ETF | +18.51% | 0.03% | $97.1B |
| #64 | B |
SCHX | Schwab U.S. Large-Cap ETF | +18.12% | 0.03% | $74.2B |
| #65 | B |
DFAC | Dimensional U.S. Core Equity 2 ETF | +19.93% | 0.17% | $49.1B |
| #82 | B |
SCHB | Schwab U.S. Broad Market ETF | +18.42% | 0.03% | $44.6B |
| #90 | B |
SPTM | State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF | +18.63% | 0.03% | $14.2B |
| #91 | B |
DFUS | Dimensional U.S. Equity Market ETF | +18.81% | 0.09% | $21.5B |
| #95 | B |
IWB | iShares Russell 1000 ETF | +17.97% | 0.15% | $48.8B |
| #109 | B |
VONE | Vanguard Russell 1000 Index Fund ETF Shares | +17.98% | 0.06% | $11.9B |
| #123 | B |
IWV | iShares Russell 3000 ETF | +18.17% | 0.2% | $20.2B |
| #130 | B |
RSP | Invesco S&P 500 Equal Weight ETF | +15.89% | 0.2% | $101B |
| #131 | B |
VTHR | Vanguard Russell 3000 Index Fund ETF Shares | +18.35% | 0.06% | $6.41B |
| #140 | B |
ILCB | iShares Morningstar U.S. Equity ETF | +18.63% | 0.03% | $1.30B |