DFAT
Dimensional U.S. Targeted Value ETF
DFAT is an active, tax-managed fund that seeks to provide long-term capital appreciation from a portfolio of US mid and small-cap value stocks.
US
EQUITY
Active
MANAGEMENT STYLE
$ 12.6 B
ASSETS UNDER MGMT
28 bp
EXPENSES
Fund Basics
| Inception date | Jun 14, 2021 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Annually |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| PAYSAFE LIMITED COM USD | 2.6 % |
| REGAL BELOIT CORP | 1.4 % |
| CF INDUSTRIES HOLDINGS INC | 1.0 % |
| PERMIAN RESOURCES CORPORATION CLASS A | 1.0 % |
| APA CORP. | 0.9 % |
| OVINTIV INC | 0.8 % |
| AKAMAI TECHNOLOGIES | 0.7 % |
| BALL CORP | 0.7 % |
| WESCO INTERNATIONAL INC | 0.7 % |
| VIATRIS, INC. | 0.7 % |
Constituent Breakdown
| Number of holdings | 1287 |
| Herfindahl-Hirschman Index | 44 |
| Wgt avg mkt cap (mns) | $5,941 |
| Large cap (>$10bn) | 19.4% |
| Mid cap ($2-10bn) | 57.1% |
| Small cap (<$2bn) | 19.0% |
| Developed mkts. | 96.1% |
| Emerging mkts. | 0.2% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 91.9 % |
 |
BERMUDA | 2.2 % |
 |
BRITAIN | 1.0 % |
 |
PUERTO RICO | 0.7 % |
 |
IRELAND | 0.6 % |
Historical Performance
Standardized Performance (as of 02/28/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 9.3% | 18.8% | 12.1% | 10.9% | -- | -- | -- | 7.8% |
| Dividend Yield | 0.0% | 2.0% | 1.7% | 1.7% | -- | -- | -- | 1.6% |
| Total Returns | 9.3% | 20.8% | 13.8% | 12.5% | -- | -- | -- | 9.4% | Ann. Volatility | 17.3% | 22.8% | 20.9% | 20.8% | -- | -- | -- | 21.8% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.97 | 67% |
| MSCI EAFE | 0.97 | 49% |
| MSCI Emg Mkts | 0.80 | 40% |
Liquidity Measures
| Avg. volume (000) | 405 |
| ADV traded (mns) | $25 |
| Turnover | 0.2% |
| Avg. Bid/Ask (% of price) | 0.04% |
Technical Indicators
| 30d moving avg. (EMA) | $62.57 |
| Relative strength (RSI) | 47 |
| MACD/Signal | -0.61/-0.71 |
| Bollinger Bands (Upper/Lower) | $64.80/$59.45 |
| Short interest (% of AUM) | 0.1% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. DFAT |
Expenses vs. DFAT |
ALTAR Score™ vs. DFAT |
|---|---|---|---|---|
| DFSV | Dimensional US Small Cap Value ETF | 66.7% | +3 bp | +0.1% |
| ISCV | iShares Morningstar Small Cap Value ETF | 52.1% | -22 bp | -0.8% |
| DFAS | Dimensional U.S. Small Cap ETF | 44.8% | -2 bp | -3.0% |
| VBR | Vanguard Small Cap Value ETF | 41.7% | -21 bp | -0.8% |
| IWN | iShares Russell 2000 Value ETF | 39.0% | -4 bp | -4.2% |
| VTWV | Vanguard Russell 2000 Value ETF | 38.9% | -18 bp | -4.1% |
| EZM | WisdomTree U.S. MidCap Fund | 38.1% | +10 bp | -0.1% |
| FNK | First Trust Mid Cap Value AlphaDEX Fund | 37.7% | +42 bp | +1.0% |
| FNX | First Trust Mid Cap Core AlphaDEX Fund | 37.2% | +32 bp | -2.3% |
| ISCB | iShares Morningstar Small-Cap ETF | 36.6% | -24 bp | -3.2% |
Risk and Returns: DFAT vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 3/31/2026
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
9.8%
ALTAR SCORE™
97th
PERCENTILE
SPECULATIVE
ETFRC RATING
There are 1,196 funds in the US Equity category with an average
ALTAR Score™ of 5.9% and a standard deviation
of 2.1%. DFAT's ALTAR Score™ is approximately 1.9 standard
deviations above the category average. This places DFAT in the 97th percentile
among funds in the category.
Sell-Side Consensus
$75.08
PRICE TARGET
+22.6%
UPSIDE