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DGCB

GradeBNASDAQ Global Market

Dimensional - Global Credit ETF

Corporate Bond · Dimensional · Inception 2023-11-07 · SEC filings

$52.27−0.50 (−0.95%)

As of Sep 23, 2026, 3:10 PM EDT

History starts Nov 9, 2023.
Intraday session: down, 69 prints from 52.77 to 52.27. Range 52.20 to 52.65. Use the arrow keys to read each point.$52.20$52.40$52.6010 AM12 PM2 PM4 PM
Expense ratio
0.21%
Fund size
$1.1B
1Y return
+0.7%
Yield · Last 12 months
5.67%
Holdings
1033
Volume · 30D
0.1M sh
NAV per share
$52.71
52W range
low $52.27high $56.03

The ETF.net DGCB Grade

B

65/ 100

Rank 18 of 49 in Investment Grade Corporate⁠

Confidence High

Six-pillar profile for DGCB. Scores out of 100: Cost 61, Risk 40, Mission 97, Tradability 52, Holdings 63, Durability 62. Strongest: Mission (97). Weakest: Risk (40). Leans toward Mission.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 65 of 100 sits in the B 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 61
    Category rank19/49 · top 39%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 97
    Category rank26/45 · mid-pack

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 40
    Category rank37/49 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 52
    Category rank21/49 · top 43%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    BScore 63
    Category rank23/49 · top 47%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 62
    Category rank24/49 · top 49%

Graded as of Sep 22, 2026

Our read on DGCB

ETF.net Research

BDimensional's take on corporate bonds: an actively run, global credit portfolio measured against a USD-hedged global aggregate credit index, spreading roughly 1,000 issues across markets instead of sticking to US names.

Stated mandate

The fund seeks to maximize total returns, consisting of income and capital appreciation.

Why people hold it

  1. 01Its yardstick is a global credit index hedged back to the dollar, so the exposure leans on corporate credit rather than currency swings.
  2. 02Actively run rather than index-hugging, with a stated aim of maximizing total return from both income and capital appreciation.
  3. 03Roughly 1,000 bonds spread issuer risk thin, and the fund pays quarterly.
  4. 04The portfolio hews closely to what the prospectus describes, and the fund sits in the upper half of the investment-grade corporate bond pack.

Worth knowing

  1. 01At 0.21% a year, it costs more than the category median and multiples of plain index peers such as VCIT (0.03%) and USIG (0.04%). Active global credit is the trade-off.
  2. 02Launched in 2023, so the record is short next to corporate bond funds that have been through several credit cycles.
  3. 03Trading is moderate rather than heavy, so spreads can run wider than at the largest index competitors.

DGCB Holdings

As of Sep 20, 2026, 6:51 AM
Asset class
Bonds
Holdings
1,033
Top-10 weight
8%
Largest holding
PROVINCE 3.8% 06/02/351.0%

Geography

  • United States74.80%
  • Canada13.84%
  • France5.34%
  • New Zealand3.57%
  • Japan1.17%
  • Germany0.71%
  • Italy0.31%
  • Belgium0.16%
  • Other countries (3)0.10%
The fund’s holdings, weight-ordered — page 1 of 81.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—PROVINCE 3.8% 06/02/350.96%15,100,000$11M9
002—WELLS FAR 4.625% 11/02/350.88%7,943,000$10M5
003—NEW ZEALA 2.% 05/15/320.87%19,100,000$10M13
004—PROVINCE 4.% 09/01/350.85%13,189,000$9M9
005—ALPHABET 4.00% 05/15/330.83%13,000,000$9M6
006—WELLTOWER 4.5% 12/01/340.80%7,212,000$9M9
007—IBERDROLA 5.25% 10/31/360.80%6,900,000$9M8
008—BG ENERGY 5.% 11/04/360.70%6,200,000$8M7
009—NEW ZEALA 4.25% 05/15/340.69%13,700,000$8M12
010—US T-NOTE 3.75% 04/30/280.66%7,300,000$7M40
011—NEW ZEALA 3.5% 04/14/330.65%13,400,000$7M12
012—NIPPON 5.046% 04/02/330.64%7,213,000$7M17
013—CNO FINAN 6.45% 06/15/340.64%6,942,000$7M32
014—CITIGROUP 8.125% 07/15/390.64%5,879,000$7M38
015—SEGRO PLC 3.5% 09/24/320.62%6,180,000$7M8

Showing 1–15 of 1204 holdings

DGCB Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

DGCB$10,066
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. DGCB $10,066. SPY $11,723. Use the arrow keys to read each point.$9,353$10,646$11,940Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

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.

Trailing total return for DGCB. Periods over one year show the average yearly return.
PeriodDGCB
Year to date−0.1%
1 month−0.7%
3 months−1.5%
1 year+0.7%
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, 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 DGCB
YearReturn barDGCB
2026 YTD−0.1%
2025+6.7%
2024+3.8%
2023+6.7%

History from Nov 9, 2023

DGCB in the news

ETF.net Research hasn’t filed on DGCB yet — coverage lands here as it’s written.

DGCB 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 Sep 22, 2026.
5.67%Last 12 months
Payout per share
$2.99Last 12 months
Last payment
$0.14 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution history

2023–2026

One bar per payment. 23 payments from 2023 to 2026 YTD. Nov 21, 2023 $0.0052; Dec 19, 2023 $0.33; Jan 17, 2024 $0.0075; Feb 21, 2024 $0.20; Mar 19, 2024 $0.16; Apr 16, 2024 $0.16; May 21, 2024 $0.22; Jun 18, 2024 $0.15; Jul 16, 2024 $0.22; Aug 20, 2024 $0.12; Oct 22, 2024 $0.25; Nov 19, 2024 $0.54; Dec 17, 2024 $0.46; Jan 22, 2025 $0.0078; Feb 19, 2025 $0.19; Mar 25, 2025 $0.12; Oct 21, 2025 $0.52; Nov 18, 2025 $0.32; Dec 16, 2025 $0.70; May 19, 2026 $0.22; Jun 23, 2026 $0.41; Jul 21, 2026 $0.68; Aug 18, 2026 $0.14. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Aug 18, 2026Aug 20, 2026$0.14
Jul 21, 2026Jul 23, 2026$0.68
Jun 23, 2026Jun 25, 2026$0.41
May 19, 2026May 21, 2026$0.22
Dec 16, 2025Dec 18, 2025$0.70
Nov 18, 2025Nov 20, 2025$0.32
Oct 21, 2025Oct 23, 2025$0.52
Mar 25, 2025Mar 27, 2025$0.12
Feb 19, 2025Feb 21, 2025$0.19
Jan 22, 2025Jan 24, 2025$0.0078
Dec 17, 2024Dec 19, 2024$0.46
Nov 19, 2024Nov 21, 2024$0.54

DGCB Risk

How much the fund’s monthly returns vary, scaled to a year.
4.4%
Annualised · 33 months to Aug 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.
0.21
vs 3-month T-bills · 33 months to Aug 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.
−3.5%
34 months · trough Jan 2025
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.
0.21
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.

DGCB Cost

Expense ratio0.21%
  • The middle half of Investment Grade Corporate funds
  • Median 0.30%

18 of the 49 Investment Grade Corporate funds charge less.

DGCB costs $21.00 a year on $10,000. The median Investment Grade Corporate fund costs $30.00.