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Launched · SEC filings

Dimensional Global Credit ETF

DGCBNasdaqDimensionalB

$52.74−0.32 (−0.61%)

As of Nov 10, 2026, 11:15 AM ET

B69/ 100

Rank 14 of 49 in Investment Grade Corporate

B69/100Rank 14 of 49inInvestment Grade Corporate
Intraday session: down, 22 prints from 53.06 to 52.74. Range 52.73 to 52.84. Use the arrow keys to read each point.52.8052.8552.9052.9553.0010 AM12 PM2 PM4 PM
Expense ratio
0.20%*
Fund size
$1.17B
1Y total return
+1.3%
Yield · Last 12 months
5.14%
Holdings
1216
Avg volume · 30D
114K sh
52W range
low $51.73high $55.38
Launched
Filings
SEC EDGAR

*After a fee waiver that ends Feb 28, 2027. Without it: 0.21%.

The ETF.net DGCB Grade

B

Score 69 out of 100

Category
Investment Grade Corporate⁠
Rank
14 of 49
Six-pillar profile for DGCB. Scores out of 100: Cost 61, Risk 56, Mission 100, Tradability 54, Holdings 61, Durability 60. Strongest: Mission (100). Weakest: Tradability (54). Leans toward Mission.

Score 69 of 100 falls in the B 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.
    B61 out of 100
    Rank 18 of 49

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A100 out of 100
    Rank 1 of 45

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B56 out of 100
    Rank 12 of 49

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C54 out of 100
    Rank 21 of 49

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B61 out of 100
    Rank 22 of 49

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B60 out of 100
    Rank 24 of 49

Our read on DGCB

ETF.net Research

In short

BThe investment-grade corporate aisle is stacked with cheap US index trackers. DGCB is the odd one out: Dimensional running global credit actively, hedged back to the dollar, for 0.20% net of a waiver through February 28, 2027 (0.21% gross).

Stated mandate

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

Why people hold it

  • Global by design. The mandate reaches across credit markets worldwide and is benchmarked to the Bloomberg Global Aggregate Credit Bond Index (Hedged to USD), so foreign issuers arrive with currency exposure hedged back to the dollar.
  • Active management at an index-adjacent price: 0.20% net of a waiver through February 28, 2027 (0.21% gross), which lands near the category median across 47 funds.
  • Roughly a thousand bonds inside, and the portfolio lines up closely with the global credit mandate written in its filings. No style drift hiding under the hood.
  • Launched in 2023 and already a multi-billion-dollar fund, it sits in the upper half of a 49-fund investment-grade corporate group.

Worth knowing

  • You pay up for the active global reach. The category's index heavyweights are far cheaper: SPBO and VTC at 0.03%, USIG at 0.04%.
  • Volume is moderate rather than heavy, so bid/ask spreads can run wider than the most heavily traded names in the category.
  • Distributions come on an irregular schedule rather than a set monthly cadence, so income timing is less predictable than some bond ETFs.

DGCB Holdings

Holdings pillarB61 out of 100Rank 22 of 49 in Investment Grade Corporate
Asset class
Bonds
Holdings
1,216
Top-10 weight
8%
Largest holding
Province 3.8% 06/02/350.9%

Sectors

  • Corporate84.8%
  • Government15.2%

Geography

  • United States54.93%
  • Canada13.65%
  • United Kingdom8.15%
  • France4.77%
  • Japan3.83%
  • Netherlands3.02%
  • New Zealand2.48%
  • Spain2.10%
  • Other countries (13)7.07%

Developed 100% · Emerging 0% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 82.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1No dataProvince 3.8% 06/02/350.91%15,100,000$10.6M9
2No dataWells Far 4.625% 11/02/350.83%7,943,000$9.67M5
3No dataIberdrola 5.25% 10/31/360.83%7,600,000$9.61M9
4No dataNew Zeala 2.% 05/15/320.81%19,100,000$9.43M13
5No dataProvince 4.% 09/01/350.80%13,189,000$9.33M9
6No dataAlphabet 4.00% 05/15/330.78%13,000,000$9.05M6
7No dataWelltower 4.5% 12/01/340.75%7,212,000$8.72M9
8No dataCash and Cash Equivalents0.73%8,449,960$8.45M126
9No dataBg Energy 5.% 11/04/360.69%6,400,000$7.98M8
10No dataNippon 5.046% 04/02/330.67%7,976,000$7.8M17
11No dataCitigroup 8.125% 07/15/390.66%6,384,000$7.61M38
12No dataCno Finan 6.45% 06/15/340.65%7,479,000$7.57M32
13No dataNew Zeala 4.25% 05/15/340.65%13,700,000$7.49M12
14No dataUs T-Note 3.75% 04/30/280.62%7,300,000$7.22M41
15No dataNew Zeala 3.5% 04/14/330.61%13,400,000$7.08M12

Showing 1–15 of 1216 holdings

DGCB Performance

Launched Nov 7, 2023

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.
DGCB$10,128
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,339
Nov 7, 2025 to Nov 9, 2026. DGCB $10,128. SPY $11,339. Use the arrow keys to read each point.$10,000$11,000Nov 2025May 2026Nov 2026

Nov 7, 2025 – Nov 9, 2026

Returns run to the Nov 9, 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+1.0%
1 month+2.2%
3 months−0.2%
1 year+1.3%
3 yearsper year+6.1%
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 DGCB
YearReturn barDGCB
2026 YTD+1.0%
2025+6.7%
2024+3.8%
2023+6.7%

History from Nov 9, 2023

DGCB in the news

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 Nov 9, 2026.
5.14%Last 12 months
Payout per share
$2.73Last 12 months
Last payment
$0.26 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. 24 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; Oct 20, 2026 $0.26. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Oct 20, 2026Oct 22, 2026$0.26
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

See all 24 payments⁠

$10,000 in DGCB 3 years ago paid $1,276 in dividends.⁠

DGCB Risk

Risk pillarB56 out of 100Rank 12 of 49 in Investment Grade Corporate
How much the fund’s monthly returns vary, scaled to a year.
4.7%
Annualised · 35 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.
0.10
vs 3-month T-bills · 35 months 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.
−3.8%
36 months · trough Sep 2026
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.

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

DGCB Cost

Compare DGCB and SPBO

Overpaying vs SPBO, tied cheapest in Investment Grade Corporate

$3,517

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

  • DGCB 0.20%

    $4,155

  • SPBO 0.03% Tied cheapest

    $638

$10,000
30 years

Cost over time

  • DGCB 0.20%
  • SPBO 0.03%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$1K$2K$3K$4K$5K051015202530DGCB $4,155SPBO $638

Year by year

YearDGCBSPBOOverpaying
10$365$55$310
20$1,421$216$1,205
30$4,155$638$3,517
How the 0.20% is worked out

Full fee 0.21%− waiver 0.01%= you pay 0.20%

The waiver ends Feb 28, 2027. After that the fee is 0.21% unless Dimensional renews it. Source: prospectus, Feb 2026.

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