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Launched

Dimensional Global Sustainability Fixed Income ETF

DFSBNYSE ArcaDimensionalA

$50.34+0.07 (+0.14%)

At close: Nov 2, 2026, 4:00 PM ET

A75/ 100

Rank 4 of 29 in Global Aggregate Bond (Unhedged)

A75/100Rank 4 of 29inGlobal Aggregate Bond (Unhedged)
Intraday session: up, 79 prints from 50.27 to 50.34. Range 50.34 to 50.47. Use the arrow keys to read each point.50.3050.4050.4510 AM12 PM2 PM4 PM
Expense ratio
0.23%*
Fund size
$766M
1Y total return
−0.2%
Yield · Last 12 months
5.45%
Holdings
803
Avg volume · 30D
55K sh
52W range
low $49.38high $53.14
Launched

*After a fee waiver that ends Feb 28, 2027. Without it: 0.24%.

The ETF.net DFSB Grade

A

Score 75 out of 100

Category
Global Aggregate Bond (Unhedged)⁠
Rank
4 of 29
Six-pillar profile for DFSB. Scores out of 100: Cost 86, Risk 42, Mission 98, Tradability 51, Holdings 82, Durability 57. Strongest: Mission (98). Weakest: Risk (42). Leans toward Mission.

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.
    A86 out of 100
    Rank 5 of 29

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A98 out of 100
    Rank 7 of 27

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C42 out of 100
    Rank 17 of 29

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C51 out of 100
    Rank 13 of 29

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A82 out of 100
    Rank 5 of 29

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B57 out of 100
    Rank 15 of 29

Our read on DFSB

ETF.net Research

In short

ADimensional's global investment-grade bond book, run through a carbon filter: issuers with heavy emissions intensity or fossil fuel reserves get cut or trimmed. Active, around 700 bonds, 0.23% net of a waiver through February 28, 2027.

Stated mandate

The ETF seeks to maximize total returns through income and capital appreciation from the debt securities in which it invests.

Why people hold it

  • Costs 0.23%, net of a waiver through February 28, 2027, against 0.24% gross, and sits below the median fee among the 29 global bond funds we price.
  • The screen reaches past corporates: supranationals and certain government agencies judged less sustainable also get excluded or underweighted.sec.gov
  • No index to hug. Dimensional shifts duration and credit exposure as premiums move, and the prospectus says it intends to hedge foreign currency exposure.sec.govmutualfunds.com
  • Holdings match the stated mandate closely: investment-grade debt of US and non-US corporate and government issuers, mortgage-backed bonds included.sec.gov

Worth knowing

  • The screens mean this will not look like a plain global aggregate. Excluded energy-heavy issuers can push returns away from the broad market.sec.gov
  • You pay for the filter and the active hand. BNDW covers global bonds for 0.05% with no sustainability screen.
  • Moderately traded rather than a volume heavyweight, so spreads and order size are worth watching.

DFSB Holdings

Holdings pillarA82 out of 100Rank 5 of 29 in Global Aggregate Bond (Unhedged)
Asset class
Bonds
Holdings
803
Top-10 weight
15%
Largest holding
Fnma 30YR Tba Nov 6%2.4%

Geography

  • United States38.20%
  • Canada13.43%
  • Japan6.70%
  • United Kingdom6.18%
  • Belgium6.04%
  • France4.91%
  • Netherlands4.91%
  • Australia4.47%
  • Other countries (16)15.16%

Developed 97% · Emerging 3% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 54.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1No dataFnma 30YR Tba Nov 6%2.35%17,874,000$17.8M45
2No dataFnma 30YR Tba Nov 2.5%2.00%18,922,000$15.1M36
3No dataFnma 30YR Tba Nov 6.5%1.89%14,106,000$14.3M43
4No dataUnited Ki 1.125% 01/31/391.78%16,284,000$13.5M8
5No dataGnma 30YR Tba Nov 6%1.72%13,054,000$13M42
6No dataMtr Corp 3.25% 06/10/341.40%10,000,000$10.6M6
7No dataAsian Dev Vrn 05/23/291.08%6,007,000$8.18M1
8No dataProvince 4.15% 06/18/341.03%10,800,000$7.78M9
9No dataKingdom O 1.9% 06/22/380.96%8,487,000$7.25M10
10No dataJapan Gov 2.4% 09/20/380.95%1,215,050,000$7.16M9
11No dataFnma 30YR Tba Nov 3.5%0.86%7,464,000$6.48M41
12No dataEuropean Vrn 02/20/280.78%5,900,000$5.91M6
13No dataNew Zeala 3.5% 04/14/330.77%10,994,000$5.82M12
14No dataCppib Cap 3.% 06/15/280.74%7,900,000$5.63M3
15No dataExport De Vrn 08/01/280.71%5,380,000$5.39M4

Showing 1–15 of 803 holdings

DFSB Performance

Launched Nov 15, 2022

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.
DFSB$9,983
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. DFSB $9,983. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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.

Trailing total return for DFSB. Periods over one year show the average yearly return.
PeriodDFSB
Year to date+0.3%
1 month+1.7%
3 months−0.6%
1 year−0.2%
3 yearsper year+5.6%
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for DFSB
YearReturn barDFSB
2026 YTD+0.3%
2025+5.2%
2024+2.5%
2023+9.3%
2022−0.8%

History from Nov 16, 2022

DFSB in the news

DFSB Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
5.45%Last 12 months
Payout per share
$2.74Last 12 months
Last payment
$0.14 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution history

2023–2026

One bar per payment. 27 payments from 2023 to 2026 YTD. Jan 18, 2023 $0.04; Mar 21, 2023 $0.16; May 23, 2023 $0.16; Jun 21, 2023 $0.31; Sep 19, 2023 $0.27; Oct 24, 2023 $0.61; Nov 21, 2023 $0.78; Dec 19, 2023 $0.39; Mar 19, 2024 $0.23; Apr 16, 2024 $0.16; May 21, 2024 $0.20; Jun 18, 2024 $0.07; Jul 16, 2024 $0.30; Oct 22, 2024 $0.11; Nov 19, 2024 $0.41; Dec 17, 2024 $0.74; Feb 19, 2025 $0.03; Mar 25, 2025 $0.06; Oct 21, 2025 $0.65; Nov 18, 2025 $0.43; Dec 16, 2025 $0.63; Mar 24, 2026 $0.31; May 19, 2026 $0.17; Jun 23, 2026 $0.37; Jul 21, 2026 $0.62; Aug 18, 2026 $0.07; Oct 20, 2026 $0.14. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Oct 20, 2026Oct 22, 2026$0.14
Aug 18, 2026Aug 20, 2026$0.07
Jul 21, 2026Jul 23, 2026$0.62
Jun 23, 2026Jun 25, 2026$0.37
May 19, 2026May 21, 2026$0.17
Mar 24, 2026Mar 26, 2026$0.31
Dec 16, 2025Dec 18, 2025$0.63
Nov 18, 2025Nov 20, 2025$0.43
Oct 21, 2025Oct 23, 2025$0.65
Mar 25, 2025Mar 27, 2025$0.06
Feb 19, 2025Feb 21, 2025$0.03
Dec 17, 2024Dec 19, 2024$0.74

See all 28 payments⁠

$10,000 in DFSB 3 years ago paid $1,382 in dividends.⁠

DFSB Risk

Risk pillarC42 out of 100Rank 17 of 29 in Global Aggregate Bond (Unhedged)
How much the fund’s monthly returns vary, scaled to a year.
5.3%
Annualised · 36 months to Oct 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
0.22
vs 3-month T-bills · to Oct 2026
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.

The largest fall from a peak to the low that followed.
−5.2%
47 months · trough Oct 2023
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.

How strongly the fund’s returns move with its asset-class index.
0.88
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

DFSB Cost

Compare DFSB and BNDW

Overpaying vs BNDW, cheapest in Global Aggregate Bond (Unhedged)

$3,699

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • DFSB 0.23%

    $4,759

  • BNDW 0.05% Cheapest

    $1,060

$10,000
30 years

Cost over time

  • DFSB 0.23%
  • BNDW 0.05%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$1K$2K$3K$4K$5K051015202530DFSB $4,759BNDW $1,060

Year by year

YearDFSBBNDWOverpaying
10$419$92$327
20$1,630$360$1,270
30$4,759$1,060$3,699
How the 0.23% is worked out

Full fee 0.24%− waiver 0.01%= you pay 0.23%

The waiver ends Feb 28, 2027. After that the fee is 0.24% unless Dimensional renews it. Source: prospectus, Feb 2026.

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