What is DFAC?

DFAC actively selects US equities of all sizes with a tilt toward small-cap companies, seeking to provide long-term capital appreciation.

PERFORMANCE [as of 03/20/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
DFAC -5.68% 2.08% 1.24% -9.54% -- -- --
DFAC (NAV) -5.68% 2.06% 1.18% -9.52% -- -- --
No Underlying Index -- -- -- -- -- -- --
MSCI USA IMI -3.90% 3.68% 3.12% -10.87% 21.91% 9.14% 11.47%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

DFAC Factset Analytics Insight

DFAC is part of Dimensional’s expansion plan of converting six mutual funds into ETFs. It is an actively managed fund that primarily aims to achieve long-term capital appreciation while minimizing tax impact. The fund holds a diversified portfolio of US companies of all market capitalizations having an increased exposure to small-cap companies considered to have lower relative price and higher profitability potential. While the fund claims to be market-cap-weighted, the advisor has the discretion to toggle with a company’s exposure as well as increase emphasis on smaller capitalization companies after taking into account several factors like free float, momentum, trading strategies, liquidity, size, relative price, profitability, investment characteristics, including additional determinants such as financial ratios that the advisor deemed applicable. DFAC utilizes the same investment strategy as its original mutual fund counterpart.

DFAC Summary Data

Dimensional
06/14/21
0.17%
$17.15B
No Underlying Index
MSCI USA IMI
Open-Ended Fund

Peers

MSCI USA IMI

Fund Flows

+$0.07B 5 Days
+$0.54B 30 Days
+$1.78B 90 Days

DFAC Portfolio Data

$295.42B
16.23
3.16
1.48%
09/20/22
2,716

DFAC Index Data

No Underlying Index
Proprietary
Proprietary
MSCI USA IMI

DFAC Portfolio Management

0.17%
--
--
--

DFAC Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

DFAC Fund Structure

Open-Ended Fund
No
No
-- / --
N/A
N/A
Low
Daily

Factset Analytics Block Liquidity

As of 03/21/23

This measurement shows how easy it is to trade a $1 million USD block of DFAC. DFAC is rated a 5 out of 5.

DFAC Tradability

1,528,895
$38.91M
1,407,102
$35.95M
0.04%
$0.01
0.03%
0.14% / -0.10%
None
100.00%
100,000
14.07
0.03%
0.00%
20
$24.57
5

DFAC Sector/Industry Breakdown

DFAC Segment
Benchmark
14.52% --
13.90% --
12.80% --
9.01% --
6.75% --
6.35% --
5.04% --
4.79% --
3.78% --
3.72% --

DFAC Performance Statistics

0.99
0.96
0.96
0.96
0.19%
MSCI USA IMI

DFAC Countries

DFAC Segment
Benchmark
100.00% 99.92%
0.00% 0.08%

DFAC Regions

DFAC Segment
Benchmark
100.00% 100.00%

DFAC Economic Development

DFAC Segment
Benchmark
100.00% 100.00%
0.00% 0.00%

DFAC Benchmark Comparison Holdings

2,716
2560
2,053
72.72%

DFAC Benchmark Comparison Summary

DFAC Segment
Benchmark
2,716 2560
$295.42B $391.49B
16.23 20.56
3.16 3.75
1.53% 1.53%
Low Low

DFAC Benchmark Comparison Market Cap Size

DFAC Segment
Benchmark
70.02% 86.91%
22.70% 10.27%
6.50% 2.60%
0.69% 0.22%

Options Strategies for Outcome Investing

A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.