DFCF ETF — Holdings & Analysis

For informational purposes only. Not financial advice.

Quick Answer

The Dimensional - Core Fixed Income ETF (DFCF) is a fixed-income ETF managed by Dimensional, with $9.61 billion in assets under management. DFCF seeks to track the Bloomberg U.S.

Aggregate Bond Index, investing primarily in investment-grade fixed-income securities maturing within twenty years. A key differentiator is its focus on maintaining a weighted average duration close to its benchmark, while keeping its expense ratio at 0.18%, which is competitive within its category. The fund's current sector allocation is heavily weighted in Cash & Others, representing 100% of the portfolio.

Dimensional - Core Fixed Income ETF (DFCF) ETF — Price, Holdings & Analysis

The Dimensional - Core Fixed Income ETF (DFCF) is a fixed-income ETF managed by Dimensional, with $9.61 billion in assets under management. DFCF seeks to track the Bloomberg U.S. Aggregate Bond Index, investing primarily in investment-grade fixed-income securities maturing within twenty years. A key differentiator is its focus on maintaining a weighted average duration close to its benchmark, while keeping its expense ratio at 0.18%, which is competitive within its category. The fund's current sector allocation is heavily weighted in Cash & Others, representing 100% of the portfolio.

ETF Overview

Under normal circumstances, at least 80% of the Portfolio’s net assets will be invested in fixed income securities considered to be investment grade quality. The Portfolio primarily invests in securities that mature within twenty years from the date of settlement. The Portfolio will generally maintain a weighted average duration of no more than one quarter year greater than, and no less than one year below, the weighted average duration of the Portfolio’s benchmark, the Bloomberg U.S. Aggregate Bond Index.

DFCF aims to provide investors with core fixed-income exposure by investing at least 80% of its net assets in investment-grade fixed-income securities. The ETF primarily invests in securities maturing within twenty years and seeks to maintain a weighted average duration similar to the Bloomberg U.S. Aggregate Bond Index. This strategy is designed for investors seeking broad exposure to the U.S. investment-grade bond market with a focus on managing interest rate risk through duration control. The fund's current allocation is heavily skewed towards Cash & Others, representing 100% of the portfolio. Country exposure is primarily to the United States (86.3%), with smaller allocations to Canada (2.5%), Australia (2.3%), and Japan (1.6%). With 1696 holdings, DFCF offers diversification across numerous fixed-income securities.

Risk Metrics

DFCF's risk profile is influenced by its investment strategy and asset allocation. The fund's concentration in Cash & Others (100%) may introduce a unique risk dynamic, potentially impacting its performance relative to peers with more diversified sector allocations. With a beta of 0.93, DFCF exhibits slightly lower volatility compared to the broader market. The fund's expense ratio of 0.18% can create a slight drag on returns over time, although it is relatively competitive. Investors should also consider the credit risk associated with fixed-income securities, although the fund focuses on investment-grade assets. Past performance does not guarantee future results.

Expense Ratio

0.18%

How Is the Fund Allocated?

Sector	Weight
Cash & Others	100.0%

Country	Weight
United States	86.3%
Canada	2.5%
Australia	2.3%
Japan	1.6%
Other	1.4%
New Zealand	1.1%
France	0.9%
United Kingdom	0.9%
Norway	0.7%
Netherlands	0.7%

Dividend Yield

0.00%

iShares iBoxx $ High Yield Corporate Bond ETF (HYG) — 0.49% expense ratio
iShares 20+ Year Treasury Bond ETF (TLT) — 0.15% expense ratio
JPMorgan International Bond Opportunities ETF (JPIB) — 0.50% expense ratio
IDX Dynamic Fixed Income ETF (DYFI) — 1.12% expense ratio
Invesco Taxable Municipal Bond ETF (BAB) — 0.28% expense ratio
iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) — 0.14% expense ratio
iShares Core U.S. Aggregate Bond ETF (AGG) — 0.03% expense ratio
iShares MBS ETF (MBB) — 0.04% expense ratio

Dimensional - US Large Cap Value ETF (DFLV) (US Equity) — 0.21% expense ratio
Dimensional - US Small Cap Value ETF (DFSV) (US Equity) — 0.30% expense ratio
Dimensional - International Core Equity Market ETF (DFAI) (International Equity) — 0.18% expense ratio
Dimensional - International Sustainability Core 1 ETF (DFSI) (International Equity) — 0.24% expense ratio
Dimensional - US Real Estate ETF (DFAR) (Real Estate (Listed/REITs)) — 0.19% expense ratio

Risk Metrics

Beta: 0.93

Questions & Answers

What is DFCF and what does it track?

The Dimensional - Core Fixed Income ETF (DFCF) is a fixed-income ETF managed by Dimensional. It aims to provide investors with broad exposure to the U.S. investment-grade bond market. The fund seeks to track the Bloomberg U.S.

Aggregate Bond Index, focusing on securities maturing within twenty years.

What is the expense ratio for DFCF?

The expense ratio for DFCF is 0.18%. This means that for every $10,000 invested, the fund charges $18 annually to cover operating expenses. When compared to the average expense ratio for similar fixed-income ETFs, DFCF's expense ratio is competitive.

This can be a significant factor for investors looking to minimize costs and maximize returns over the long term.

What are the top holdings in DFCF?

Given the fund's allocation of 100% to Cash & Others, it's difficult to pinpoint specific top holdings in the traditional sense of individual bond issues. The fund's strategy focuses on broad exposure to the U.S.

investment-grade bond market, and its holdings are diversified across numerous securities. Investors should refer to the fund's official website for the most up-to-date information on its specific holdings and their respective weights.

Is DFCF a good long-term investment?

DFCF's suitability as a long-term investment depends on an investor's individual financial goals, risk tolerance, and investment horizon. The fund offers exposure to the U.S. investment-grade bond market with a focus on managing interest rate risk through duration control.

How does DFCF compare to similar ETFs?

DFCF distinguishes itself through its investment strategy and management approach. Its expense ratio of 0.18% is competitive within the category. With $9.61 billion in AUM, DFCF is a sizable ETF, indicating investor confidence.

The fund's focus on maintaining a duration close to the Bloomberg U.S. Aggregate Bond Index sets it apart from ETFs with different duration targets or investment mandates.

Does DFCF pay dividends?

According to the provided data, DFCF has a dividend yield of 0.00%. This indicates that the fund is not currently distributing dividends to its shareholders.

Investors seeking income from their fixed-income investments may want to consider other ETFs with a higher dividend yield. However, DFCF's focus on capital appreciation may still be attractive to some investors.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Data provided for informational purposes only.

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