DFA Real Estate Securities Portfolio ETF Class Shares
$24.62−0.04 (−0.16%)
- 0.22%
- $8.2B
- +10.8%
- 3.52%
- 2.5M sh
- $24.47
- low $22.64high $27.60
The ETF.net DFAR Grade
A
Score 75 out of 100
- 5 of 22
Score 75 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.B67 out of 100Rank 8 of 22Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 16Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C52 out of 100Rank 12 of 22Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A78 out of 100Rank 3 of 22Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A77 out of 100Rank 6 of 22Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A73 out of 100Rank 7 of 22
Our read on DFAR
ADimensional's take on US property: roughly 130 real estate names for 0.19% a year, while the typical peer in the category charges about double. A 2022 arrival that does one job and stays inside the lines.
The fund seeks to achieve long-term capital appreciation.
Why people hold it
- 0.19% a year against a real estate cohort median near 0.37%. Sector funds rarely hand back that much of the toll.
- The label and the portfolio match: broad US real estate, no drift into adjacent sectors. One of the tighter mandate implementations among its two dozen category rivals.
- Roughly 130 holdings, so no single landlord runs the show. A multi-billion-dollar fund that trades actively, which helps keep buying and selling costs modest.
- Rent shows up on a schedule: the fund distributes quarterly, and the stated goal is long-term capital appreciation.
Worth knowing
- Cheaper doors into the same room exist: SCHH and USRT run at 0.08%, VNQ at 0.13%.
- One country, one sector. Real estate moves with interest rates and property cycles, so the ride is bumpier than a broad market fund.
- Launched in 2022, so the record is short next to peers that have lived through more than one property cycle.
DFAR Holdings
- Other
- 124
- 49%
- WELL
Sectors
- Real Estate99.1%
- Technology0.3%
- Financials0.1%
- Consumer Discretionary0.1%
- Health Care0.1%
- Communication0.1%
- Industrials0.1%
- Consumer Staples0.0%
- Energy0.0%
- Utilities0.0%
- Materials0.0%
Geography
- United States100.00%
DFAR Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.
DFAR$11,079
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | DFAR |
|---|---|
| Year to date | +9.8% |
| 1 month | −2.3% |
| 3 months | −5.3% |
| 1 year | +10.8% |
| 3 years | +11.3% |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | DFAR |
|---|---|---|
| 2026 YTD | +9.8% | |
| 2025 | +1.3% | |
| 2024 | +5.3% | |
| 2023 | +11.0% | |
| 2022 | −14.3% |
DFAR in the news
Category Review
Vanguard's property fund lost a first-half lead over stocks
DFAR Dividends
- 3.52%
- $0.87
- $0.31 per share
- Quarterly
Distribution history
DFAR Risk
- 16.4%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.42
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −32.3%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.92
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
DFAR Cost
0.22%
DFAR0.22%
- The middle half of US Real Estate funds
- Median 0.35%
7 of the 21 US Real Estate funds charge less.
Other funds in US Real Estate
- AUSRTiShares Core U.S. REIT ETFExpense ratio 0.08%1 year return +12.8%
- AXLREState Street Real Estate Select Sector SPDR ETFExpense ratio 0.08%1 year return +6.7%
- AVNQVanguard Real Estate ETFExpense ratio 0.13%1 year return +7.6%
- ARWRState Street SPDR Dow Jones REIT ETFExpense ratio 0.25%1 year return +13.2%
- ABBREJPMorgan BetaBuilders MSCI US REIT ETFExpense ratio 0.11%1 year return +12.1%