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DFAR ETF — Holdings & Analysis | Stock Expert AI

The Dimensional - US Real Estate ETF (DFAR) is a $1.60 billion fund from Dimensional, providing exposure to U.S. real estate companies, including REITs and residential construction firms. DFAR employs a market capitalization weighted approach, focusing on readily marketable equity securities. With an expense ratio of 0.19%, it offers a relatively low-cost way to access a diversified portfolio of real estate related companies, distinguishing itself through its focus on companies involved in the ownership, management, development, and sale of real estate.

Dimensional - US Real Estate ETF (DFAR) ETF — Price, Holdings & Analysis

The Dimensional - US Real Estate ETF (DFAR) is a $1.60 billion fund from Dimensional, providing exposure to U.S. real estate companies, including REITs and residential construction firms. DFAR employs a market capitalization weighted approach, focusing on readily marketable equity securities. With an expense ratio of 0.19%, it offers a relatively low-cost way to access a diversified portfolio of real estate related companies, distinguishing itself through its focus on companies involved in the ownership, management, development, and sale of real estate.

ETF Overview

The portfolio, using a market capitalization weighted approach, will concentrate investments in readily marketable equity securities of companies whose principal activities include ownership, management, development, construction, or sale of residential, commercial or industrial real estate. The Portfolio will principally invest in equity securities of companies in certain REITs and companies engaged in residential construction and firms, except partnerships, whose principal business is to develop commercial property.
DFAR aims to track the performance of the U.S. real estate sector by investing in companies whose principal activities include ownership, management, development, construction, or sale of residential, commercial, or industrial real estate. The ETF focuses on equity securities of companies in certain REITs and companies engaged in residential construction and firms, except partnerships, whose principal business is to develop commercial property. DFAR utilizes a market capitalization weighting strategy. The fund's top holdings include Welltower Inc (7.65%), Prologis Inc (7.17%), and Equinix Inc (5.21%). The fund is heavily concentrated in the Real Estate sector, with 99.5% allocation, with minor allocations to Cash & Others (0.3%) and Financial Services (0.2%). DFAR offers investors targeted exposure to the U.S. real estate market through a diversified portfolio of real estate-related companies.

Risk Metrics

DFAR presents several risks typical of sector-specific ETFs. Its concentration in the real estate sector (99.5%) makes it vulnerable to downturns in the real estate market, including changes in interest rates, property values, and regulatory environments. With 132 holdings, the fund is moderately diversified within its sector, but still subject to concentration risk among its top holdings; for example, Welltower Inc and Prologis Inc account for approximately 14.82% of the fund's total assets. The ETF's beta of 1.09 indicates that it is slightly more volatile than the overall market. The expense ratio of 0.19% will create a slight drag on performance over time, though it is relatively low for a sector-specific ETF. Past performance does not guarantee future results.

Expense Ratio

0.19%

Top Holdings

Sector Allocation

  • Real Estate: 99.5%
  • Cash & Others: 0.3%
  • Financial Services: 0.2%
  • United States: 100.0%

Dividend Yield

0.00%
  • <a href="/etf/reet">iShares Global REIT ETF (REET)</a> — 0.14% expense ratio
  • <a href="/etf/vnq">Vanguard Real Estate ETF (VNQ)</a> — 0.13% expense ratio
  • <a href="/etf/rem">iShares Mortgage Real Estate ETF (REM)</a> — 0.48% expense ratio
  • <a href="/etf/dflv">Dimensional - US Large Cap Value ETF (DFLV)</a> (US Equity) — 0.21% ER
  • <a href="/etf/dfai">Dimensional - International Core Equity Market ETF (DFAI)</a> (International Equity) — 0.18% ER
  • <a href="/etf/dfsi">Dimensional - International Sustainability Core 1 ETF (DFSI)</a> (International Equity) — 0.24% ER
  • <a href="/etf/dfcf">Dimensional - Core Fixed Income ETF (DFCF)</a> (Fixed Income) — 0.18% ER
  • <a href="/etf/dfsv">Dimensional - US Small Cap Value ETF (DFSV)</a> (US Equity) — 0.30% ER

Risk Metrics

  • Beta: 1.09

Questions & Answers

What is DFAR and what does it track?

The Dimensional - US Real Estate ETF (DFAR) is an exchange-traded fund managed by Dimensional Fund Advisors. Launched in 2022, DFAR aims to provide investors with exposure to the U.S. real estate market. It achieves this by investing in a diversified portfolio of companies involved in the ownership, management, development, construction, or sale of residential, commercial, or industrial real estate. The fund utilizes a market capitalization weighted approach to select its holdings, focusing on readily marketable equity securities.

What is the expense ratio for DFAR?

The expense ratio for DFAR is 0.19%. This means that for every $10,000 invested in the fund, investors will pay $19 in annual fees to cover the fund's operating expenses. While expense ratios can vary across different real estate ETFs, DFAR's 0.19% is relatively competitive. This expense ratio can impact overall returns, so it's important to consider it when evaluating DFAR against other investment options.

What are the top holdings in DFAR?

As of 2026-03-15, the top holdings in DFAR include some of the largest and most well-known real estate companies. The top three holdings are Welltower Inc (7.65%), Prologis Inc (7.17%), and Equinix Inc (5.21%). Other significant holdings include American Tower Corp (4.74%) and Realty Income Corp (4.72%). These companies represent a significant portion of the fund's total assets and contribute substantially to its overall performance.

Is DFAR a good long-term investment?

Evaluating whether DFAR is a suitable long-term investment requires careful consideration of individual investment goals and risk tolerance. DFAR provides targeted exposure to the U.S. real estate sector, which can offer diversification benefits and potential inflation protection. However, the fund's performance is subject to the cyclical nature of the real estate market and broader economic conditions. Investors should analyze DFAR's historical performance, expense ratio (0.19%), and portfolio composition in relation to their own investment objectives. Past performance does not guarantee future results.

How does DFAR compare to similar ETFs?

DFAR distinguishes itself through its focus on a market capitalization weighted approach within the U.S. real estate sector. With AUM of $1.60 billion, it is a substantial fund in its category. Its expense ratio of 0.19% is competitive. Other real estate ETFs may employ different weighting strategies, have higher or lower expense ratios, or focus on different segments of the real estate market, such as international real estate or specific types of REITs. Investors should compare DFAR's strategy, holdings, and fees to those of other similar ETFs to determine the best fit for their investment needs.

Does DFAR pay dividends?

According to the latest available data, DFAR's dividend yield is 0.00%. While some real estate ETFs are known for their dividend payouts, DFAR is not currently distributing dividends. Investors seeking income from their real estate investments may want to consider other ETFs with a history of dividend payments. It's important to note that dividend yields can fluctuate over time and are not guaranteed.