ACLC vs DFAC: Grades, Fees and Holdings Compared

American Century Large Cap Equity ETF

ACLCBNYSE Arca

Dimensional US Core Equity 2 ETF

DFACANYSE Arca

Overlap

38.0%by weight

Expense ratio

DFAC −0.22pt a year

ACLC0.39%DFAC0.17%

Avg volume · 30D

DFAC 252.1×the volume

ACLC7.95KDFAC2M

5Y return · a year

DFAC +2.6pt

ACLC+8.5%DFAC+11.1%

ACLC vs DFAC Performance

Oct 29, 2021 – Oct 30, 2026

+50.4%ACLC+69.4%DFAC

Expense ratio: ACLC 0.39%; DFAC 0.17%, better
Fund size: ACLC $321M; DFAC $87.7B
1Y total return: ACLC +8.0%; DFAC +16.1%, better
Yield (12M): ACLC 0.57%; DFAC 0.88%, better
Holdings: ACLC 100; DFAC 2553
Avg volume (30D): ACLC 7.95K sh; DFAC 2M sh, better
NAV per share: ACLC $84.52; DFAC $44.87
52W range

ETF.net Grade

Pillar letters and Scores for ACLC, DFAC, with each pillar’s weight
Pillar	ACLC	DFAC
Cost30% weight	A76	A94Higher
Mission25% weight	A76	A100Higher
Risk15% weight	C44	B66Higher
Tradability15% weight	C45	A87Higher
Holdings10% weight	A70	A87Higher
Durability5% weight	A71	A97Higher

Rank among US Active Equity funds

How we build Categories ›

Same Category. ACLC and DFAC 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 ›

DFAC ranks 3rd and ACLC 39th 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 37BRUNNRunning Oak Efficient Growth ETFScore 63
Rank 39BACLCAmerican Century Large Cap Equity ETFScore 62
Rank 39BBAFEBrown Advisory Flexible Equity ETFScore 62

Our read on each fund

ETF.net Research

ACLCBAmerican Century Large Cap Equity ETF

DFACADimensional US Core Equity 2 ETF

In short

ACLC An active large-cap fund that blends growth and value names and folds material sustainability factors into the stock picking, at a fee well below what the typical active US equity fund charges.

DFAC Dimensional's whole-market workhorse: roughly 2,600 US stocks in one ticker, run by managers who weigh federal tax consequences before they trade, at a fee closer to index funds than to active ones.

Stated mandate

ACLC The fund seeks long-term financial returns through an actively managed U.S. large-cap portfolio combining growth and value companies while incorporating material sustainability factors into the investment process.

DFAC The fund seeks long-term capital appreciation while considering federal income-tax implications in its investment decisions.

Why people hold it

ACLC Costs 0.39% a year against a 0.65% median for active US equity funds. Active management here doesn't start in a fee hole.
One mandate, two jobs: a growth-and-value blend of US large caps, with material sustainability factors written into the research process rather than bolted on as a screen.americancentury.com
Roughly 100 stocks. Small enough that the managers' picks actually show up in results, not an index wearing an active label.
Running since 2020 and pays quarterly. Sits in the top quartile of a crowded active US equity field on our review.

DFAC 0.17% a year for an actively run fund, well under the median fee among active US equity ETFs.
About 2,600 US stocks under one ticker, so it holds the market broadly rather than a narrow slice of it.
Federal income-tax implications sit inside the stated objective, not in a footnote, so they factor into what managers buy and sell.
A multi-billion-dollar fund with a track record running back to 2007 and one of the strongest implementations in its peer group.

Worth knowing

ACLC Thinly traded for an ETF, so the bid-ask spread can be a bigger part of your cost than the expense ratio, especially on larger orders.
Cheap it is, cheapest it isn't. Broad systematic rivals like DFAU (0.12%) and AVLC (0.15%) run at roughly a third of the fee.
A concentrated book plus sustainability inputs means the portfolio can look meaningfully different from the broad large-cap market in either direction.

DFAC Actively managed, so there's no published index to check it against. Holdings and tilts shift at the managers' discretion.
Dimensional's own DFAU runs a US core equity mandate for 0.12%, a slightly lighter fee for a similar shelf.
All stocks, all US: the mandate is capital appreciation from equities, so it takes the market's full swings, and cash arrives quarterly.

Full ACLC profile⁠

Full DFAC profile⁠

ACLC vs DFAC Holdings

How ACLC and DFAC differ

Overlap by weight

38.0%

Shared holdings make up 89.9% of ACLC and 40.2% of DFAC.

Level by level

Holdings87 in both38.0%
Countryby domicile98.5%
Asset classEquity100%

Sector

No Sector split for ACLC.

Country, concentration and asset class

Country by domicile

Country weights in ACLC and DFAC, widest gap first
Country	More in ACLCMore in DFAC	ACLC	DFAC
Taiwan	ACLC +1.0 points	1.0%	0.0%
Other countries (14)	DFAC +1.0 points	99.0%	100.0%

Concentration

Weight in the 10 largest Holdings

ACLC39.5%
DFAC26.4%

Securities held

ACLC99
DFAC2,550

Asset class

ACLC: Equity
DFAC: Equity

Holdings

Only in ACLC12
In both87
Only in DFAC2,463

Only in ACLC

12 securities, 9.8% of ACLC by weight

SLB Ltd1.25%
Welltower Inc1.18%
Taiwan Semiconductor Manufacturing Co Ltd1.02%
Prologis Inc0.94%
Linde PLC0.93%
Eaton Corp PLC0.86%
Johnson Controls International plc0.82%
Trane Technologies PLC0.79%
Accenture PLC0.61%
Equinix Inc0.54%
ASML Holding NV0.48%
Ball Corp0.41%

Only in DFAC

2,463 securities, 59.4% of DFAC by weight

Exxonmobil Holdings Corp Common Stock0.93%
Alphabet Inc Class C Common Stock USD.0010.91%
Johnson & Johnson Common Stock USD1.00.89%
Berkshire Hathaway Inc Class B Common Stock USD.00330.79%
Chevron Corp Common Stock USD.750.70%
Walmart Inc Common Stock USD.10.52%
Coca Cola Co/The Common Stock USD.250.45%
Caterpillar Inc Common Stock USD1.00.42%
Conocophillips Common Stock USD.010.37%
Amgen Inc Common Stock USD.00010.37%
Texas Instruments Inc Common Stock USD1.00.35%
Wells Fargo & Co Common Stock USD1.6660.33%
Qualcomm Inc Common Stock USD.00010.33%
Costco Wholesale Corp Common Stock USD.0050.33%
General Electric Common Stock USD.010.31%
Rtx Corp Common Stock USD1.00.29%
Oracle Corp Common Stock USD.010.26%
Morgan Stanley Common Stock USD.010.26%
Intel Corp Common Stock USD.0010.25%
Travelers Cos Inc/The Common Stock0.25%
Linde PLC Common Stock0.25%
Kla Corp Common Stock USD.0010.25%
Marathon Petroleum Corp Common Stock USD.010.24%
Csx Corp Common Stock USD1.00.24%
General Motors Co Common Stock USD.010.23%
Eog Resources Inc Common Stock USD.010.22%
Lockheed Martin Corp Common Stock USD1.00.22%
Sandisk Corp Common Stock0.21%
Newmont Corp Common Stock USD1.60.21%
Royal Caribbean Cruises Ltd Common Stock USD.010.21%
Hewlett Packard Enterprise Common Stock USD.010.21%
Valero Energy Corp Common Stock USD.010.20%
Phillips 66 Common Stock0.20%
Corning Inc Common Stock USD.50.20%
Devon Energy Corp Common Stock USD.10.20%
At+t Inc Common Stock USD1.00.19%
Ross Stores Inc Common Stock USD.010.18%
Bank of New York Mellon Corp Common Stock0.18%
Target Corp Common Stock USD.08330.18%
Cheniere Energy Inc Common Stock USD.0030.18%
Slb Ltd Common Stock USD.010.17%
Delta Air Lines Inc Common Stock USD.00010.17%
Kroger Co Common Stock USD1.00.17%
Capital One Financial Corp Common Stock USD.010.17%
Pfizer Inc Common Stock USD.050.17%
Allstate Corp Common Stock USD.010.17%
Walt Disney Co/The Common Stock USD.010.17%
Seagate Technology Holdings Common Stock USD.000010.16%
Abbott Laboratories Common Stock0.16%
Targa Resources Corp Common Stock USD.0010.16%

Weight gaps

All 87 Holdings in both funds, largest gap first.

Holding weights in ACLC and DFAC, widest gap first
Holding	More in ACLCMore in DFAC	ACLC	DFAC
Alphabet IncGOOGL	ACLC +4.50 points	5.85%	1.35%
NVIDIA CorpNVDA	ACLC +3.62 points	9.04%	5.42%
Microsoft CorpMSFT	ACLC +2.66 points	7.45%	4.79%
Broadcom IncAVGO	ACLC +1.80 points	2.99%	1.19%
Applied Materials IncAMAT	ACLC +1.38 points	1.60%	0.22%
Apple IncAAPL	DFAC +1.30 points	4.48%	5.78%
NextEra Energy IncNEE	ACLC +1.29 points	1.36%	0.07%
Analog Devices IncADI	ACLC +1.15 points	1.30%	0.15%
Amazon.com IncAMZN	ACLC +1.08 points	3.52%	2.44%
Regions Financial CorpRF	ACLC +1.07 points	1.14%	0.07%
Bank of America CorpBAC	ACLC +1.03 points	1.37%	0.34%
Lam Research CorpLRCX	ACLC +0.99 points	1.21%	0.22%
Mastercard IncMA	ACLC +0.94 points	1.61%	0.67%
Meta Platforms IncMETA	DFAC +0.93 points	0.96%	1.89%
Cadence Design Systems IncCDNS	ACLC +0.93 points	0.96%	0.03%
Marvell Technology IncMRVL	ACLC +0.92 points	1.09%	0.17%
Cisco Systems IncCSCO	ACLC +0.91 points	1.46%	0.55%
Salesforce IncCRM	ACLC +0.85 points	0.98%	0.13%
Danaher CorpDHR	ACLC +0.79 points	0.90%	0.11%
Cummins IncCMI	ACLC +0.78 points	0.93%	0.15%
Williams Cos Inc/TheWMB	ACLC +0.71 points	0.83%	0.12%
International Business Machines CorpIBM	ACLC +0.70 points	1.04%	0.34%
TJX Cos Inc/TheTJX	ACLC +0.69 points	0.89%	0.20%
Marriott International Inc/MDMAR	ACLC +0.67 points	0.74%	0.07%
Thermo Fisher Scientific IncTMO	ACLC +0.64 points	0.81%	0.17%
Motorola Solutions IncMSI	ACLC +0.63 points	0.77%	0.14%
S&P Global IncSPGI	ACLC +0.63 points	0.74%	0.11%
MetLife IncMET	ACLC +0.62 points	0.77%	0.15%
Sysco CorpSYY	ACLC +0.59 points	0.67%	0.08%
Cigna Group/TheCI	ACLC +0.59 points	0.74%	0.15%
Gilead Sciences IncGILD	ACLC +0.59 points	0.89%	0.30%
AbbVie IncABBV	ACLC +0.57 points	1.03%	0.46%
Advanced Micro Devices IncAMD	ACLC +0.57 points	0.78%	0.21%
Home Depot Inc/TheHD	ACLC +0.57 points	0.96%	0.39%
ServiceNow IncNOW	ACLC +0.57 points	0.58%	0.01%
American Express CoAXP	ACLC +0.51 points	0.77%	0.26%
Dynatrace IncDT	ACLC +0.50 points	0.54%	0.04%
Xylem Inc/NYXYL	ACLC +0.49 points	0.53%	0.04%
Crowdstrike Holdings IncCRWD	ACLC +0.49 points	0.52%	0.03%
Blackrock IncBLK	ACLC +0.48 points	0.59%	0.11%
Visa IncV	ACLC +0.47 points	1.26%	0.79%
McKesson CorpMCK	ACLC +0.47 points	0.51%	0.04%
Parker-Hannifin CorpPH	ACLC +0.46 points	0.58%	0.12%
Vertex Pharmaceuticals IncVRTX	ACLC +0.45 points	0.55%	0.10%
GE Vernova IncGEV	ACLC +0.45 points	0.59%	0.14%
Ecolab IncECL	ACLC +0.42 points	0.55%	0.13%
O'Reilly Automotive IncORLY	ACLC +0.42 points	0.47%	0.05%
Ameriprise Financial IncAMP	ACLC +0.42 points	0.55%	0.13%
Palo Alto Networks IncPANW	ACLC +0.41 points	0.46%	0.05%
Workday IncWDAY	ACLC +0.41 points	0.42%	<0.01%
United Rentals IncURI	ACLC +0.40 points	0.62%	0.22%
Automatic Data Processing IncADP	ACLC +0.40 points	0.56%	0.16%
Citigroup IncC	ACLC +0.38 points	0.61%	0.23%
Booking Holdings IncBKNG	ACLC +0.37 points	0.44%	0.07%
Netflix IncNFLX	ACLC +0.38 points	0.54%	0.16%
Church & Dwight Co IncCHD	ACLC +0.36 points	0.43%	0.07%
Deere & CoDE	ACLC +0.36 points	0.61%	0.25%
IDEXX Laboratories IncIDXX	ACLC +0.36 points	0.43%	0.07%
Agilent Technologies IncA	ACLC +0.35 points	0.42%	0.07%
Amphenol CorpAPH	ACLC +0.33 points	0.49%	0.16%
Intercontinental Exchange IncICE	ACLC +0.32 points	0.41%	0.09%
PepsiCo IncPEP	ACLC +0.32 points	0.58%	0.26%
UnitedHealth Group IncUNH	ACLC +0.30 points	0.60%	0.30%
Cencora IncCOR	ACLC +0.29 points	0.41%	0.12%
Uber Technologies IncUBER	ACLC +0.28 points	0.36%	0.08%
Western Digital CorpWDC	ACLC +0.27 points	0.69%	0.42%
Eli Lilly & CoLLY	ACLC +0.27 points	1.52%	1.25%
Ferguson Enterprises IncFERG	ACLC +0.27 points	0.39%	0.12%
Union Pacific CorpUNP	ACLC +0.26 points	0.53%	0.27%
JPMorgan Chase & CoJPM	ACLC +0.26 points	1.39%	1.13%
Honeywell International IncHON	ACLC +0.24 points	0.34%	0.10%
Marsh & McLennan Cos IncMRSH	ACLC +0.24 points	0.35%	0.11%
Goldman Sachs Group Inc/TheGS	ACLC +0.23 points	0.58%	0.35%
Progressive Corp/ThePGR	ACLC +0.22 points	0.36%	0.14%
FedEx CorpFDX	ACLC +0.20 points	0.35%	0.15%
Colgate-Palmolive CoCL	ACLC +0.20 points	0.31%	0.11%
Honeywell Aerospace IncHONA	ACLC +0.18 points	0.24%	0.06%
Tesla IncTSLA	ACLC +0.17 points	0.42%	0.25%
MongoDB IncMDB	ACLC +0.16 points	0.21%	0.05%
AppLovin CorpAPP	ACLC +0.15 points	0.22%	0.07%
Bristol-Myers Squibb CoBMY	ACLC +0.13 points	0.30%	0.17%
Coherent CorpCOHR	ACLC +0.10 points	0.19%	0.09%
Procter & Gamble Co/ThePG	ACLC +0.09 points	0.62%	0.53%
Liberty Media CorpFWONK	ACLC +0.08 points	0.13%	0.05%
Verizon Communications IncVZ	ACLC +0.06 points	0.30%	0.24%
Micron Technology IncMU	DFAC +0.01 points	1.13%	1.14%
Merck & Co IncMRK	DFAC +0.01 points	0.42%	0.43%

All 99 ACLC holdings⁠All 2,598 DFAC 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.

ACLC vs DFAC Cost

Overpaying ACLC vs DFAC

$4,352

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

ACLC 0.39%
$7,898
DFAC 0.17%
$3,546

Amount$10,000

Years30 years

Cost over time

ACLC 0.39%
DFAC 0.17%
Overpaying

Year by year

Year	ACLC	DFAC	Overpaying
10	$705	$310	$395
20	$2,725	$1,211	$1,514
30	$7,898	$3,546	$4,352

Expense ratio

0.39%ACLC
0.17%DFAC, cheaper

DFAC0.17%ACLC0.39%

0.00%2.89%

Middle half of US Active Equity funds
Median 0.68%

DFAC 8th cheapest of 121 funds

ACLC 29th cheapest of 121 funds

ACLC vs DFAC Dividends

Last 12 months to Oct 30, 2026

Yield (12M): ACLC 0.57%; DFAC 0.88%, better
Payout (12M): ACLC $0.48; DFAC $0.39
Last payment: ACLC $0.10; DFAC $0.10
Ex-dividend: ACLC Sep 8, 2026; DFAC Sep 22, 2026
Paid on: ACLC Sep 10, 2026; DFAC Sep 24, 2026
Frequency: ACLC Quarterly; DFAC Quarterly

Distribution history

Per share, 2020 to 2026, same scale for both

ACLCQuarterly · 25 paymentsAll ACLC payments⁠

DFACQuarterly · 22 paymentsAll DFAC payments⁠

ACLC vs DFAC Risk

Fall from peak · 5 years

ACLC
DFAC

Risk facts

VolatilityStd dev, 3 years: ACLC 13.0%DFAC 12.6%, better
Return per unit of riskSharpe ratio, 3 years: ACLC 1.02DFAC 1.32, better
Worst fallMax drawdown, 5 years: ACLC −26.4%DFAC −23.1%, better
Market sensitivityBeta, 5 years: ACLC 1.03DFAC 0.99; Market = 1

ACLC and DFAC in the news

All news⁠

Head-to-Head
ITOT is the better U.S. stock fund than DFAC
Oct 26, 2026DFAC

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ACLC vs DFAC

In short

Stated mandate

Why people hold it

Worth knowing

How ACLC and DFAC differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in ACLC

Only in DFAC

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

ITOT is the better U.S. stock fund than DFAC

How ACLC and DFAC differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in ACLC

Only in DFAC

Weight gaps