---
ticker: "DFCA"
name: "Dimensional - California Municipal Bond ETF"
url: "https://etf.net/etf/DFCA"
grade: "B"
score: 68
graded_at: "2026-10-12"
category: "Other Municipal Bond"
category_rank: "18 of 63"
methodology: "https://etf.net/methodology"
---

# DFCA: Dimensional - California Municipal Bond ETF

Grade **B**, Score 68 of 100. Rank 18 of 63 in Other Municipal Bond.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 79 | 14 of 63 |
| Mission | 72 | 50 of 59 |
| Risk | 47 | 33 of 63 |
| Tradability | 70 | 13 of 63 |
| Holdings | 58 | 30 of 63 |
| Durability | 67 | 22 of 63 |

## Top holdings

The fund holds 415 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Californi 5.% 04/01/35 | 2.11% |
| 2 | — | Los Ang 5% 06/30/27 | 1.67% |
| 3 | — | Californi 5.% 10/01/42 | 1.26% |
| 4 | — | Los Angel 5.% 07/01/30 | 1.25% |
| 5 | — | San Fra 5% 08/01/28 | 1.25% |
| 6 | — | San Fra 5% 08/01/28 | 1.22% |
| 7 | — | California Stwide 1/7/27 | 1.07% |
| 8 | — | San Franc 5.% 08/01/43 | 1.00% |
| 9 | — | Californi 4.% 11/01/36 | 0.98% |
| 10 | — | California St 2.4 1/5/27 | 0.97% |
| 11 | — | Los Angeles 5% 07/01/2043 | 0.96% |
| 12 | — | Californi 5.% 11/15/43 | 0.91% |
| 13 | — | Los Angel 4.% 11/01/34 | 0.90% |
| 14 | — | Santa Cruz 5% 06/30/27 | 0.89% |
| 15 | — | Univ of Calif 5% 05/15/41 | 0.89% |
| 16 | — | Californi 5.% 03/01/38 | 0.85% |
| 17 | — | Californi 5.% 08/01/42 | 0.82% |
| 18 | — | San Fra 5% 04/01/41 | 0.81% |
| 19 | — | Californi 5.% 03/01/28 | 0.81% |
| 20 | — | Californi 5.% 09/01/43 | 0.77% |
| 21 | — | Ca St Pub 5.% 09/01/39 | 0.74% |
| 22 | — | Los Angel 5.% 07/01/37 | 0.72% |
| 23 | — | San Franc 5.% 04/01/37 | 0.72% |
| 24 | — | Anaheim H 5.% 10/01/29 | 0.71% |
| 25 | — | Californi 5.% 12/01/31 | 0.70% |
| 26 | — | San Die 5% 10/01/45 | 0.70% |
| 27 | — | Californi 4.% 09/01/42 | 0.70% |
| 28 | — | Riverside 5.% 06/30/27 | 0.69% |
| 29 | — | San Diego 5.% 07/01/43 | 0.67% |
| 30 | — | Ca Univ R 5.% 11/01/38 | 0.64% |

Source: etf.net, https://etf.net/etf/DFCA. Please cite the page URL.