DFAW — Dimensional World Equity ETF

DFAW Price Performance — Growth of $10,000

Value of a $10,000 investment in DFAW 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.

DFAW Drawdown

The "underwater" chart: DFAW'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 World Equity ETF, trading under the ticker DFAW, is a Global Multi-Region fund issued by Dimensional Fund Advisors. With assets under management totaling $1.45 billion and a share price of $82.28, the fund demonstrates significant investor adoption within its category of eight tracked ETFs. It currently holds an overall rank of #119 out of 458 tracked ETFs across all categories, earning an ETFValuer grade of B with a score of 69.2 out of 100. The fund carries an expense ratio of 0.24% while offering a dividend yield of 1.28%. These metrics position the ETF as a moderately ranked option with a cost structure that is competitive relative to the broader universe of tracked funds. The combination of substantial assets and a mid-tier ranking suggests steady integration into investor portfolios seeking global exposure.

Recent performance data shows a positive trajectory across most measured time horizons, starting with a 1-day return of +0.16% and a slight 1-week decline of -0.06%. Momentum accelerated over the medium term, with the 1-month return reaching +0.62% and the 3-month return climbing to +4.39%. This upward trend continued into the half-year period, where the fund posted an 8.38% gain, followed by a year-to-date return of +11.15%. The 1-year return stands at +21.20%, indicating strong annual performance compared to shorter intervals. Data for the 3-year return is not currently available, leaving the longer-term trend incomplete. The pattern suggests consistent growth over the past year despite minor short-term fluctuations in the first week.

The fund is categorized with a Low volatility label, suggesting a relatively stable price movement profile compared to higher-risk alternatives. A Sharpe ratio of 1.27 indicates that the fund has generated a favorable amount of return per unit of risk taken over the measured period. The maximum drawdown of -16.94% represents the largest peak-to-trough decline experienced, providing a specific measure of downside potential during adverse market conditions. Beta data is not available for this fund, which limits the ability to directly compare its market sensitivity to a benchmark index. The combination of low volatility and a strong Sharpe ratio implies efficient risk-adjusted returns, while the max drawdown figure quantifies the extent of potential losses during market stress. These metrics collectively describe a fund that has managed downside risk effectively while delivering positive returns.

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

DFAW Top Holdings

Holdings as of 2026-04-30 per the fund's most recent SEC N-PORT-P filing. Top 6 holdings make up 100.4% 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 DFAW's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With DFAW

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with DFAW's top 10 — DFAC overlaps most, holding 1 of the same companies as DFAW's top 10 (0.4% of DFAW'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.

Trade-Weighted US Dollar Index: 120.53 (as of 2026-07-17) — Measures the US dollar’s strength against major trading-partner currencies — dollar moves directly affect the US-dollar value of this fund’s international holdings.

DFAW Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 99.99% and average daily volume is 93K/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 $1.45B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: DFAW 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.

DFAW Performance History

How DFAW Compares to Other Global Multi-Region ETFs