AAUB vs DYNF: Grades, Fees and Holdings Compared

Alpha Architect US Equity 4 ETF

AAUBANasdaq

iShares U.S. Equity Factor Rotation Active ETF

DYNFANYSE Arca

Overlap

61.4%by weight

Expense ratio

AAUB −0.16pt a year

AAUB0.10%DYNF0.26%

Avg volume · 30D

DYNF 606.4×the volume

AAUB3.72KDYNF2.25M

AAUB vs DYNF Performance

Jul 31, 2026 – Nov 2, 2026

−0.2%AAUB−0.8%DYNF

Expense ratio: AAUB 0.10%, better; DYNF 0.26%
Fund size: AAUB $823M; DYNF $41.8B
1Y total return: AAUB No data; DYNF +10.7%
Yield (12M): AAUB No data; DYNF 0.84%
Holdings: AAUB 442; DYNF 264
Avg volume (30D): AAUB 3.72K sh; DYNF 2.25M sh, better
NAV per share: AAUB $49.54; DYNF $67.32
52W range

ETF.net Grade

Pillar letters and Scores for AAUB, DYNF, with each pillar’s weight
Pillar	AAUB	DYNF
Cost30% weight	A99Higher	A86
Mission25% weight	Not scored	Not scored
Risk15% weight	B64	A71Higher
Tradability15% weight	D32	A99Higher
Holdings10% weight	A76Higher	B65
Durability5% weight	B55	A97Higher

Rank among US Active Equity funds

How we build Categories ›

Same Category. AAUB and DYNF are both graded against the same 121 US Active Equity funds, so their Grades compare head to head.

US Active Equity⁠

Category · 121 funds

See all 121 ›

DYNF ranks 4th and AAUB 16th of 121 funds in the US Active Equity Category.

Rank 1AAVLCAvantis U.S. Large Cap Equity ETFScore 87
Rank 2ADFAUDimensional US Core Equity Market ETFScore 86
Rank 3ADFACDimensional US Core Equity 2 ETFScore 85
Rank 4ADYNFiShares U.S. Equity Factor Rotation Active ETFScore 83
Rank 4AFELCFidelity Enhanced Large Cap Core ETFScore 83
Rank 15AAAUSAlpha Architect US Equity ETFScore 73
Rank 16AAAUBAlpha Architect US Equity 4 ETFScore 72
Rank 16ACGUSCapital Group Core Equity ETFScore 72

Our read on each fund

ETF.net Research

AAUBAAlpha Architect US Equity 4 ETF

DYNFAiShares U.S. Equity Factor Rotation Active ETF

In short

AAUB No data

DYNF Most factor funds make you pick a lane: value, momentum, quality. DYNF rotates across five styles instead, letting a factor model decide which one leads, and charges an index-fund-ish 0.26% to do it.

Stated mandate

AAUB No data

DYNF The Fund seeks to outperform the U.S. equity market through diversified, tactical exposure to style factors using a factor rotation model.

Why people hold it

AAUB No data

DYNF Five style factors in one ticket (value, quality, momentum, growth, low volatility), reweighted by a rotation model rather than locked to a single tilt.
0.26% is well under half the median fee in its active US equity peer group, which is unusual pricing for a strategy with a human-supervised model behind it.
A multi-billion-dollar fund and one of the more actively traded names in its category, so getting in and out rarely becomes the hard part. Pays quarterly.
Running since 2019 under one of the biggest ETF shops, and it stands among the strongest overall implementations in the active US equity group we track.

Worth knowing

AAUB No data

DYNF The yardstick isn't the S&P 500: it's a custom blend of 80% MSCI USA and 20% MSCI USA Minimum Volatility, so a low-vol tilt is baked into the benchmark itself.
Active by design. The factor mix shifts, the book runs to a couple hundred stocks, and a rotation call can leave it out of step with a plain US market index fund.
Cheap for active, not the cheapest shelf: systematic peers DFAU (0.12%), AVLC (0.15%), DFAC (0.17%) and FELC (0.18%) all undercut it on fee.

Full AAUB profile⁠

Full DYNF profile⁠

AAUB vs DYNF Holdings

How AAUB and DYNF differ

Overlap by weight

61.4%

Shared holdings make up 96.8% of DYNF and 73.5% of AAUB.

Level by level

Holdings188 in both61.4%
Countryby domicile96.6%
Asset classEquity100%

Sector

No Sector split for AAUB.

Country, concentration and asset class

Country by domicile

Country weights in AAUB and DYNF, widest gap first
Country	More in AAUBMore in DYNF	AAUB	DYNF
United States	DYNF +3.4 points	96.6%	100.0%
United Kingdom	AAUB +2.3 points	2.3%	0.0%
Other countries (9)	AAUB +1.1 points	1.1%	0.0%

Concentration

Weight in the 10 largest Holdings

AAUB37.4%
DYNF40.4%

Securities held

AAUB441
DYNF262

Asset class

AAUB: Equity
DYNF: Equity

Holdings

Only in AAUB253
In both188
Only in DYNF74

Only in AAUB

253 securities, 26.4% of AAUB by weight

State Street SPDR Portfolio S&P 500 ETF4.73%
Roivant Sciences Ltd2.09%
Vanguard S&P 500 ETF1.88%
Vanguard Morningstar Total Stock Market ETF1.52%
iShares Core S&P 500 ETF1.50%
ConocoPhillips0.31%
Chubb Ltd0.29%
Kla Corp0.29%
Linde PLC0.29%
HealthEquity Inc0.28%
Taiwan Semiconductor Manufacturing Co Ltd0.21%
Starbucks Corp0.20%
Berkshire Hathaway Inc - Class A0.20%
Marriott International Inc/MD0.18%
Consolidated Edison Inc0.18%
Equinix Inc0.17%
Hilton Worldwide Holdings Inc0.17%
Targa Resources Corp0.17%
WW Grainger Inc0.15%
Ventas Inc0.15%
Affirm Holdings Inc0.15%
MiniMed Group Inc0.14%
Dominion Energy Inc0.14%
General Dynamics Corp0.13%
SLB Ltd0.13%
Westinghouse Air Brake Technologies Corp0.13%
Freeport-McMoRan Inc0.13%
Entergy Corp0.13%
AMETEK Inc0.13%
Simon Property Group Inc0.12%
S&P Global Inc0.12%
Fastenal Co0.12%
Northern Trust Corp0.12%
Expeditors International of Washington Inc0.11%
Moderna Inc0.11%
Cerebras Systems Inc0.11%
M&T Bank Corp0.11%
Norfolk Southern Corp0.11%
Boeing Co/The0.10%
eBay Inc0.10%
First American Government Obligations Fund 12/01/20310.10%
American Tower Corp0.10%
ONEOK Inc0.10%
American Water Works Co Inc0.10%
Principal Financial Group Inc0.10%
Mondelez International Inc0.09%
Fifth Third Bancorp0.09%
Illinois Tool Works Inc0.09%
Southern Co/The0.09%
Aflac Inc0.09%

Only in DYNF

74 securities, 2.9% of DYNF by weight

American International Group0.62%
Space Exploration Technologies Cor0.58%
Cvs Health0.15%
United Therapeutics0.11%
Woodward0.10%
Boston Scientific0.09%
Five Below0.09%
Atlassian Corp Class A0.08%
Crh Public Limited PLC0.08%
Ati0.08%
Roblox Class A0.07%
Neurocrine Biosciences0.06%
Astera Labs0.06%
Sofi Technologies0.05%
Halozyme Therapeutics0.05%
Insmed0.04%
Anglogold Ashanti PLC0.04%
Revolution Medicines0.04%
Mastec Inc0.04%
Cognizant Technology Solutions Cla0.04%
Hubspot0.04%
L3HARRIS Technologies0.03%
Caci International Inc Class A0.03%
Lennar A Class A0.03%
Ftai Aviation0.03%
Strategy Inc Class A0.03%
Rocket Lab Corp0.02%
Carpenter Technology0.02%
Leidos Holdings0.02%
Zoom Communications Class A0.02%
Vici Pptys Inc0.02%
Dexcom Inc0.02%
Figma Class A0.02%
Autodesk0.02%
Okta Class A0.02%
Reddit Class A0.02%
Deckers Outdoor0.02%
Alcoa Corp0.01%
Tenet Healthcare Corp0.01%
Elevance Health Inc0.01%
Alnylam Pharmaceuticals0.01%
Nike Class B0.01%
Kraft Heinz0.01%
Albemarle Corp<0.01%
Celsius Holdings<0.01%
Sempra<0.01%
Renaissancere Holding<0.01%
Xcel Energy Inc<0.01%
Api Group<0.01%
Millicom International Cellular0.00%

Weight gaps

The 100 widest of 188 Holdings in both funds.

Holding weights in AAUB and DYNF, widest gap first
Holding	More in AAUBMore in DYNF	AAUB	DYNF
JPMorgan Chase & Co.JPM	DYNF +2.18 points	1.21%	3.39%
ExxonMobil Holdings CorpXOM	DYNF +2.03 points	1.15%	3.18%
Bank of America CorpBAC	DYNF +1.72 points	0.41%	2.13%
Salesforce IncCRM	DYNF +1.34 points	0.23%	1.57%
Travelers Cos Inc/TheTRV	DYNF +1.34 points	0.26%	1.60%
Apple IncAAPL	DYNF +1.25 points	7.02%	8.27%
Parker-Hannifin CorpPH	DYNF +1.12 points	0.16%	1.28%
Johnson & JohnsonJNJ	DYNF +1.08 points	0.96%	2.04%
Citigroup IncC	DYNF +1.04 points	0.31%	1.35%
Chevron CorpCVX	DYNF +1.00 points	0.71%	1.71%
Allstate Corp/TheALL	DYNF +0.97 points	0.17%	1.14%
Duke Energy CorpDUK	DYNF +0.93 points	0.14%	1.07%
Cisco Systems IncCSCO	DYNF +0.92 points	0.62%	1.54%
NVIDIA CorpNVDA	DYNF +0.87 points	6.96%	7.83%
Caterpillar IncCAT	DYNF +0.87 points	0.44%	1.31%
Lam Research CorpLRCX	DYNF +0.83 points	0.43%	1.26%
Amazon.com IncAMZN	DYNF +0.73 points	3.27%	4.00%
RTX CorpRTX	DYNF +0.71 points	0.41%	1.12%
Goldman Sachs Group Inc/TheGS	DYNF +0.70 points	0.35%	1.05%
Realty Income CorpO	DYNF +0.66 points	0.07%	0.73%
Applied Materials IncAMAT	DYNF +0.59 points	0.46%	1.05%
Coca-Cola Co/TheKO	AAUB +0.58 points	0.65%	0.07%
Welltower IncWELL	DYNF +0.58 points	0.34%	0.92%
Mastercard IncMA	AAUB +0.57 points	0.64%	0.07%
CME Group IncCME	DYNF +0.56 points	0.15%	0.71%
Merck & Co IncMRK	AAUB +0.54 points	0.56%	0.02%
Meta Platforms IncMETA	DYNF +0.52 points	1.85%	2.37%
Hartford Insurance Group Inc/TheHIG	DYNF +0.52 points	0.05%	0.57%
Visa IncV	AAUB +0.51 points	0.93%	0.42%
Microsoft CorpMSFT	AAUB +0.49 points	5.27%	4.78%
Newmont CorpNEM	DYNF +0.47 points	0.15%	0.62%
Trane Technologies PLCTT	DYNF +0.45 points	0.06%	0.51%
Walmart IncWMT	DYNF +0.45 points	0.69%	1.14%
Amphenol CorpAPH	DYNF +0.45 points	0.25%	0.70%
Netflix IncNFLX	DYNF +0.43 points	0.28%	0.71%
AT&T IncT	DYNF +0.40 points	0.24%	0.64%
Verizon Communications IncVZ	DYNF +0.38 points	0.37%	0.75%
Thermo Fisher Scientific IncTMO	DYNF +0.37 points	0.29%	0.66%
Advanced Micro Devices IncAMD	DYNF +0.37 points	1.17%	1.54%
Broadcom IncAVGO	DYNF +0.34 points	2.06%	2.40%
Micron Technology IncMU	DYNF +0.33 points	1.37%	1.70%
Home Depot Inc/TheHD	AAUB +0.32 points	0.34%	0.02%
Medtronic PLCMDT	DYNF +0.30 points	0.03%	0.33%
Gilead Sciences IncGILD	DYNF +0.30 points	0.24%	0.54%
Berkshire Hathaway IncBRK.B	AAUB +0.30 points	1.36%	1.06%
NextEra Energy IncNEE	DYNF +0.29 points	0.22%	0.51%
Texas Instruments IncTXN	AAUB +0.28 points	0.40%	0.12%
Costco Wholesale CorpCOST	AAUB +0.28 points	0.50%	0.22%
Booking Holdings IncBKNG	DYNF +0.27 points	0.11%	0.38%
Valero Energy CorpVLO	DYNF +0.26 points	0.21%	0.47%
Eaton Corp PLCETN	DYNF +0.26 points	0.17%	0.43%
Amgen IncAMGN	AAUB +0.26 points	0.31%	0.05%
Procter & Gamble Co/ThePG	AAUB +0.26 points	0.47%	0.21%
Deere & CoDE	DYNF +0.25 points	0.30%	0.55%
Snowflake IncSNOW	AAUB +0.25 points	0.36%	0.11%
Analog Devices IncADI	AAUB +0.24 points	0.29%	0.05%
ServiceNow IncNOW	DYNF +0.23 points	0.12%	0.35%
Ross Stores IncROST	AAUB +0.23 points	0.23%	<0.01%
Tesla IncTSLA	DYNF +0.23 points	1.49%	1.72%
Altria Group IncMO	AAUB +0.22 points	0.22%	0.00%
Marathon Petroleum CorpMPC	AAUB +0.22 points	0.22%	0.00%
Philip Morris International IncPM	AAUB +0.22 points	0.52%	0.30%
Alphabet IncGOOGL	AAUB +0.21 points	2.28%	2.07%
PNC Financial Services Group Inc/ThePNC	AAUB +0.21 points	0.21%	0.00%
Intuit IncINTU	DYNF +0.21 points	0.06%	0.27%
Western Digital CorpWDC	DYNF +0.20 points	0.20%	0.40%
Sandisk CorpSNDK	AAUB +0.19 points	0.24%	0.05%
Corning IncGLW	DYNF +0.19 points	0.14%	0.33%
Arista Networks IncANET	AAUB +0.18 points	0.24%	0.06%
Palo Alto Networks IncPANW	AAUB +0.18 points	0.43%	0.25%
AbbVie IncABBV	AAUB +0.18 points	0.67%	0.49%
Crowdstrike Holdings IncCRWD	AAUB +0.18 points	0.37%	0.19%
Pfizer IncPFE	DYNF +0.18 points	0.13%	0.30%
Adobe IncADBE	DYNF +0.18 points	0.07%	0.25%
Wells Fargo & CoWFC	AAUB +0.17 points	0.29%	0.12%
Palantir Technologies IncPLTR	DYNF +0.18 points	0.55%	0.73%
GE Vernova IncGEV	DYNF +0.17 points	0.34%	0.51%
Union Pacific CorpUNP	AAUB +0.17 points	0.32%	0.15%
Exelon CorpEXC	DYNF +0.16 points	0.05%	0.21%
Morgan StanleyMS	AAUB +0.16 points	0.29%	0.13%
Target CorpTGT	AAUB +0.15 points	0.18%	0.03%
Intuitive Surgical IncISRG	DYNF +0.15 points	0.07%	0.22%
Progressive Corp/ThePGR	DYNF +0.15 points	0.17%	0.32%
HCA Healthcare IncHCA	DYNF +0.15 points	0.01%	0.16%
CSX CorpCSX	AAUB +0.14 points	0.23%	0.09%
TJX Cos Inc/TheTJX	AAUB +0.14 points	0.17%	0.03%
Waste Management IncWM	AAUB +0.14 points	0.14%	0.00%
Bristol-Myers Squibb CoBMY	AAUB +0.14 points	0.19%	0.05%
Regeneron Pharmaceuticals IncREGN	DYNF +0.13 points	0.09%	0.22%
Monster Beverage CorpMNST	AAUB +0.14 points	0.14%	0.00%
United Parcel Service IncUPS	AAUB +0.13 points	0.14%	0.01%
Host Hotels & Resorts IncHST	DYNF +0.13 points	0.06%	0.19%
Bank of New York Mellon Corp/TheBNY	AAUB +0.13 points	0.25%	0.12%
Automatic Data Processing IncADP	AAUB +0.13 points	0.13%	<0.01%
PACCAR IncPCAR	AAUB +0.12 points	0.12%	0.00%
Quanta Services IncPWR	AAUB +0.12 points	0.15%	0.03%
Alphabet IncGOOG	AAUB +0.11 points	1.82%	1.71%
Ge AerospaceGE	DYNF +0.11 points	0.37%	0.48%
Johnson Controls International plcJCI	AAUB +0.11 points	0.14%	0.03%
QUALCOMM IncQCOM	AAUB +0.11 points	0.21%	0.10%

All AAUB holdings⁠All 262 DYNF holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

AAUB vs DYNF Cost

Overpaying DYNF vs AAUB

$3,252

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

AAUB 0.10%
$2,106
DYNF 0.26%
$5,358

Amount$10,000

Years30 years

Cost over time

AAUB 0.10%
DYNF 0.26%
Overpaying

Year by year

Year	AAUB	DYNF	Overpaying
10	$183	$473	$290
20	$717	$1,838	$1,121
30	$2,106	$5,358	$3,252

Expense ratio

0.10%AAUB, cheaper
0.26%DYNF

AAUB0.10%DYNF0.26%

0.00%2.89%

Middle half of US Active Equity funds
Median 0.68%

AAUB 3rd cheapest of 121 funds

DYNF 18th cheapest of 121 funds

AAUB vs DYNF Dividends

Last 12 months to Nov 2, 2026

Yield (12M): AAUB No data; DYNF 0.84%
Payout (12M): AAUB None; DYNF $0.56
Last payment: AAUB No data; DYNF $0.14
Ex-dividend: AAUB No data; DYNF Sep 15, 2026
Paid on: AAUB No data; DYNF Sep 18, 2026
Frequency: AAUB No data; DYNF Quarterly

Distribution history

Per share, 2019 to 2026, same scale for both

AAUBAll AAUB payments⁠

No distribution history available.

DYNFQuarterly · 30 paymentsAll DYNF payments⁠

AAUB vs DYNF Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: AAUB No dataDYNF 13.1%
Return per unit of riskSharpe ratio, 3 years: AAUB No dataDYNF 1.55
Worst fallMax drawdown, 5 years: AAUB No dataDYNF −26.9%
Market sensitivityBeta, 5 years: AAUB 1.04DYNF 1.02; Market = 1

AAUB and DYNF in the news

All news⁠

ETF Filings
BlackRock files two Form 497Ks for iShares DYNF
Sep 7, 2026DYNF

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AAUB vs DYNF

In short

Stated mandate

Why people hold it

Worth knowing

How AAUB and DYNF differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in AAUB

Only in DYNF

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

BlackRock files two Form 497Ks for iShares DYNF

How AAUB and DYNF differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in AAUB

Only in DYNF

Weight gaps