What is DFAS?

DFAS actively invests in small-cap US companies, selected using multiple factors and weighted by market capitalization.

PERFORMANCE [as of 03/23/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
DFAS -9.47% -1.70% -1.37% -9.20% -- -- --
DFAS (NAV) -9.35% -1.52% -1.45% -9.08% -- -- --
No Underlying Index -- -- -- -- -- -- --
MSCI USA Small Cap Index -9.51% -1.27% -1.33% -12.26% 25.36% 6.37% 9.13%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

DFAS Factset Analytics Insight

DFAS, previously a mutual fund, was converted into an ETF with the aims of lowering expenses for its shareholders and delivering long-term capital appreciation. The fund invests in US small-cap companies, which are categorized as the bottom 10% of the total market. DFAS does not have any sector biases, and will invest across a broad range of sectors, assuming these securities meet the fund’s criteria. Although the fund is generally market-cap-weighted, its active strategy means that the advisor may increase or decrease (or exclude) a company’s exposure after considering factors like free float, momentum, trading strategies, liquidity, relative price, profitability, investment characteristics, and other factors that the fund’s advisor determines to be appropriate.

DFAS Summary Data

Dimensional
06/14/21
0.26%
$4.94B
No Underlying Index
MSCI USA Small Cap Index
Open-Ended Fund

Peers

MSCI USA Small Cap Index

Fund Flows

+$0.03B 5 Days
+$0.04B 30 Days
+$0.35B 90 Days

DFAS Portfolio Data

$3.83B
13.86
2.07
1.10%
09/20/22
2,014

DFAS Index Data

No Underlying Index
Proprietary
Proprietary
MSCI USA Small Cap Index

DFAS Portfolio Management

0.26%
--
--
--

DFAS Tax Exposures

20.00% / 39.60%
1.09%
Qualified dividends
No

DFAS Fund Structure

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

Factset Analytics Block Liquidity

As of 03/24/23

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

DFAS Tradability

228,448
$12.46M
168,731
$9.01M
0.17%
$0.09
0.05%
0.18% / -0.14%
None
100.00%
30,000
5.62
0.04%
0.01%
1
$50.38
5

DFAS Sector/Industry Breakdown

DFAS Segment
Benchmark
20.43% --
9.60% --
8.10% --
6.49% --
6.41% --
5.04% --
4.65% --
4.53% --
4.35% --
4.31% --

DFAS Performance Statistics

0.98
0.93
0.94
0.93
0.26%
MSCI USA Small Cap Index

DFAS Countries

DFAS Segment
Benchmark
99.97% 100.00%
0.00% --

DFAS Regions

DFAS Segment
Benchmark
99.97% 100.00%

DFAS Economic Development

DFAS Segment
Benchmark
99.97% 100.00%
0.00% 0.00%

DFAS Benchmark Comparison Holdings

2,014
1935
1,421
62.87%

DFAS Benchmark Comparison Summary

DFAS Segment
Benchmark
2,014 1935
$3.83B $4.96B
13.86 22.30
2.07 2.32
1.19% 1.33%
Low Low

DFAS Benchmark Comparison Market Cap Size

DFAS Segment
Benchmark
0.03% 1.13%
66.32% 72.35%
28.96% 24.40%
4.52% 2.10%

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.