Dimensional US Real Estate ETF
$24.70−0.21 (−0.86%)
- Expense ratio
- 0.19%
- Fund size
- $1.7B
- 1Y return
- +8.1%
- Yield · Last 12 months
- 2.83%
- Holdings
- 132
- Volume · 30D
- 2.6M sh
- NAV per share
- $24.92
- 52W range
The ETF.net DFAR Grade
Score 74 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.BScore 67Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 100Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 53Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 76Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 77Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.CScore 50Category rank
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
- 132
- 50%
- WELL
Sectors
- Real Estate100.0%
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.
Returns run to the Sep 22, 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 | +9.6% |
| 1 month | −5.9% |
| 3 months | −4.1% |
| 1 year | +8.1% |
| 3 years | +10.8% |
| 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 | +9.6% | |
| 2025 | +1.3% | |
| 2024 | +5.3% | |
| 2023 | +11.0% | |
| 2022 | −14.3% |
DFAR in the news
ETF.net Research hasn’t filed on DFAR yet — coverage lands here as it’s written.
DFAR Dividends
- 2.83%
- $0.70
- $0.14 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 23, 2026 | Jun 25, 2026 | $0.14 |
| Mar 24, 2026 | Mar 26, 2026 | $0.04 |
| Dec 16, 2025 | Dec 18, 2025 | $0.38 |
| Sep 23, 2025 | Sep 25, 2025 | $0.14 |
| Jun 24, 2025 | Jun 26, 2025 | $0.14 |
| Mar 25, 2025 | Mar 27, 2025 | $0.02 |
| Dec 17, 2024 | Dec 19, 2024 | $0.36 |
| Sep 17, 2024 | Sep 19, 2024 | $0.15 |
| Jun 18, 2024 | Jun 20, 2024 | $0.15 |
| Mar 19, 2024 | Mar 22, 2024 | $0.02 |
| Dec 19, 2023 | Dec 22, 2023 | $0.28 |
| Sep 19, 2023 | Sep 22, 2023 | $0.22 |
DFAR Risk
- 16.6%
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.
- 0.39
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.
- 0.91
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
- The middle half of US Real Estate funds
- Median 0.35%
7 of the 21 US Real Estate funds charge less.