ACVF vs DFAC: Grades, Fees and Holdings Compared

American Conservative Values ETF

ACVFBNYSE Arca

Dimensional US Core Equity 2 ETF

DFACANYSE Arca

Overlap

45.8%by weight

Expense ratio

DFAC −0.58pt a year

ACVF0.75%DFAC0.17%

Avg volume · 30D

DFAC 384.9×the volume

ACVF5.21KDFAC2M

5Y return · a year

DFAC +0.5pt

ACVF+10.6%DFAC+11.1%

ACVF vs DFAC Performance

Oct 29, 2021 – Oct 30, 2026

+65.2%ACVF+69.4%DFAC

Expense ratio: ACVF 0.75%; DFAC 0.17%, better
Fund size: ACVF $156M; DFAC $87.7B
1Y total return: ACVF +11.4%; DFAC +16.1%, better
Yield (12M): ACVF 0.48%; DFAC 0.88%, better
Holdings: ACVF 387; DFAC 2553
Avg volume (30D): ACVF 5.21K sh; DFAC 2M sh, better
NAV per share: ACVF $55.80; DFAC $44.87
52W range

ETF.net Grade

Pillar letters and Scores for ACVF, DFAC, with each pillar’s weight
Pillar	ACVF	DFAC
Cost30% weight	D36	A94Higher
Mission25% weight	Not scored	A100
Risk15% weight	A71Higher	B66
Tradability15% weight	B60	A87Higher
Holdings10% weight	A86	A87Higher
Durability5% weight	B63	A97Higher

Rank among US Active Equity funds

How we build Categories ›

Same Category. ACVF 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 ACVF 52nd 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 51BAFOSARS Focused Opportunity Strategy ETFScore 57
Rank 52BACVFAmerican Conservative Values ETFScore 56
Rank 53CGOPSubversive Congressional Republicans Trading ETFScore 54

Our read on each fund

ETF.net Research

ACVFBAmerican Conservative Values ETF

DFACADimensional US Core Equity 2 ETF

In short

ACVF A fund that puts its convictions in its name. American Conservative Values runs an actively managed, all-US stock portfolio chasing long-term growth, with capital preservation written into the mandate as the secondary goal. Small, hands-on, unapologetically domestic.

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

ACVF The Fund seeks long-term capital appreciation, with capital preservation as a secondary objective.

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

Why people hold it

ACVF Its filings name capital preservation as a secondary objective alongside long-term capital appreciation, a defensive tilt most US stock funds never put in writing.
No structural gimmicks: a standard 1940 Act ETF holding shares of US companies, with cash distributed quarterly.
Lands in the upper half of the actively managed US equity funds we review, with the portfolio itself its strongest element.

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

ACVF 0.75% a year is real money next to plain active core rivals like DFAU and DFAC. The values overlay comes with a price tag.
A small fund that trades lightly, so spreads can widen at the open and close. Limit orders are the standard defense.
Launched in 2020, so the track record covers a short stretch of market history.

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 ACVF profile⁠

Full DFAC profile⁠

ACVF vs DFAC Holdings

How ACVF and DFAC differ

Overlap by weight

45.8%

Shared holdings make up 98.0% of ACVF and 50.1% of DFAC.

Level by level

Holdings360 in both45.8%
Sector11 Sectors85.7%
Countryby domicile99.2%
Asset classEquity100%

Sector

Sector weights in ACVF and DFAC, widest gap first
Sector	More in ACVFMore in DFAC	ACVF	DFAC
Technology	ACVF +11.8 points	42.2%	30.4%
Financials	DFAC +4.3 points	11.7%	16.0%
Communication	DFAC +3.7 points	3.3%	7.0%
Industrials	DFAC +3.0 points	9.6%	12.6%
Energy	DFAC +2.3 points	3.7%	6.0%
Real Estate	ACVF +1.2 points	1.5%	0.3%
Materials	DFAC +1.1 points	1.8%	2.9%
Consumer Discretionary	ACVF +0.6 points	9.6%	9.0%
Consumer Staples	ACVF +0.5 points	5.5%	5.0%
Health Care	ACVF +0.2 points	9.3%	9.1%
Utilities	ACVF +0.1 points	1.9%	1.8%

Country, concentration and asset class

Country by domicile

Country weights in ACVF and DFAC, widest gap first
Country	More in ACVFMore in DFAC	ACVF	DFAC
Switzerland	ACVF +0.6 points	0.9%	0.3%
Other countries (13)	DFAC +0.6 points	99.1%	99.7%

Concentration

Weight in the 10 largest Holdings

ACVF29.0%
DFAC26.4%

Securities held

ACVF386
DFAC2,550

Asset class

ACVF: Equity
DFAC: Equity

Holdings

Only in ACVF26
In both360
Only in DFAC2,190

Only in ACVF

26 securities, 2.0% of ACVF by weight

Prologis Inc0.30%
Equinix Inc0.23%
Welltower Inc0.17%
Ubiquiti Inc0.15%
American Tower Corp0.15%
Rb Global Inc0.13%
Canadian Pacific Railway Ltd0.13%
Public Storage0.11%
Digital Realty Trust Inc0.09%
Fiserv Inc0.08%
Vivmark Residential0.08%
Simon Property Group Inc0.08%
Crown Castle Intl Corp0.07%
Trump Media & Technology0.04%
Ventas Inc.0.04%
Skydance Corporation0.03%
Weyerhaeuser Co0.02%
Host Hotels & Resorts Inc0.02%
Realty Income Corp0.02%
Sba Communications Corp0.01%
Extra Space Storage Inc0.01%
Mid-America Apartment Comm<0.01%
Versigent Ltd-W/I<0.01%
Alexandria Real Estate Equitie<0.01%
Millrose Properties-Cl A W/I<0.01%
Amentum Holdings Inc<0.01%

Only in DFAC

2,190 securities, 49.9% of DFAC by weight

Apple Inc Common Stock USD.000015.78%
Amazon.com Inc Common Stock USD.012.44%
Meta Platforms Inc Class A Common Stock USD.0000061.89%
Alphabet Inc Class A Common Stock USD.0011.35%
JPMorgan Chase & Co Common Stock USD1.01.13%
Alphabet Inc Class C Common Stock USD.0010.91%
Johnson & Johnson Common Stock USD1.00.89%
Visa Inc Class A Shares Common Stock USD.00010.79%
Coca Cola Co/The Common Stock USD.250.45%
Western Digital Corp Common Stock USD.010.42%
Goldman Sachs Group Inc Common Stock USD.010.35%
Bank of America Corp Common Stock USD.010.34%
Intl Business Machines Corp Common Stock USD.20.34%
Wells Fargo & Co Common Stock USD1.6660.33%
Costco Wholesale Corp Common Stock USD.0050.33%
UnitedHealth Group Inc Common Stock USD.010.30%
American Express Co Common Stock USD.20.26%
Verizon Communications Inc Common Stock USD.10.24%
General Motors Co Common Stock USD.010.23%
United Rentals Inc Common Stock USD.010.22%
Sandisk Corp Common Stock0.21%
Valero Energy Corp Common Stock USD.010.20%
Phillips 66 Common Stock0.20%
Devon Energy Corp Common Stock USD.10.20%
Target Corp Common Stock USD.08330.18%
Cheniere Energy Inc Common Stock USD.0030.18%
Delta Air Lines Inc Common Stock USD.00010.17%
Marvell Technology Inc Common Stock USD.0020.17%
Pfizer Inc Common Stock USD.050.17%
Allstate Corp Common Stock USD.010.17%
Walt Disney Co/The Common Stock USD.010.17%
Netflix Inc Common Stock USD.0010.16%
Targa Resources Corp Common Stock USD.0010.16%
Lumentum Holdings Inc Common Stock USD.0010.15%
Comcast Corp Class A Common Stock USD.010.14%
Progressive Corp Common Stock USD1.00.14%
Moderna Inc Common Stock USD.00010.14%
Netapp Inc Common Stock USD.0010.13%
Vistra Corp Common Stock USD.010.13%
Salesforce Inc Common Stock USD.0010.13%
Vertiv Holdings Co A Common Stock USD.00010.13%
Flex Ltd Common Stock0.12%
Ferguson Enterprises Inc Common Stock0.12%
Dell Technologies C Common Stock0.12%
Corpay Inc Common Stock USD.0010.11%
Diamondback Energy Inc Common Stock USD.010.11%
Us Bancorp Common Stock USD.010.11%
BlackRock Inc Common Stock USD.010.11%
Us Foods Holding Corp Common Stock USD.010.10%
Comfort Systems Usa Inc Common Stock USD.010.10%

Weight gaps

The 100 widest of 360 Holdings in both funds.

Holding weights in ACVF and DFAC, widest gap first
Holding	More in ACVFMore in DFAC	ACVF	DFAC
NVIDIA CorpNVDA	ACVF +2.59 points	8.01%	5.42%
Cisco Systems IncCSCO	ACVF +2.11 points	2.66%	0.55%
Advanced Micro Devices IncAMD	ACVF +1.32 points	1.53%	0.21%
Wal-Mart Stores IncWMT	ACVF +1.30 points	1.82%	0.52%
Arista Networks IncANET	ACVF +1.24 points	1.30%	0.06%
Broadcom Inc.AVGO	ACVF +1.15 points	2.34%	1.19%
Tesla Inc.TSLA	ACVF +1.02 points	1.27%	0.25%
Mastercard Inc - AMA	ACVF +1.00 points	1.67%	0.67%
Berkshire Hathaway Inc-Cl BBRK.B	ACVF +0.93 points	1.72%	0.79%
Exxonmobil Holdings Corp Common Stock USDXOM	ACVF +0.84 points	1.77%	0.93%
Microsoft CorpMSFT	ACVF +0.77 points	5.56%	4.79%
Applied Materials IncAMAT	ACVF +0.77 points	0.99%	0.22%
Home Depot IncHD	ACVF +0.75 points	1.14%	0.39%
Palo Alto Networks IncPANW	ACVF +0.71 points	0.76%	0.05%
Eli Lilly & CoLLY	ACVF +0.68 points	1.93%	1.25%
Airbnb IncABNB	ACVF +0.67 points	0.71%	0.04%
Philip Morris InternationalPM	ACVF +0.66 points	0.80%	0.14%
Mcdonalds CorpMCD	ACVF +0.64 points	0.72%	0.08%
Tjx Companies IncTJX	ACVF +0.63 points	0.83%	0.20%
AbbVie IncABBV	ACVF +0.62 points	1.08%	0.46%
Southern Co/TheSO	ACVF +0.60 points	0.65%	0.05%
Verisign IncVRSN	ACVF +0.60 points	0.64%	0.04%
Analog Devices IncADI	ACVF +0.60 points	0.75%	0.15%
Motorola Solutions IncMSI	ACVF +0.54 points	0.68%	0.14%
Corning IncGLW	ACVF +0.53 points	0.73%	0.20%
Booking Holdings IncBKNG	ACVF +0.51 points	0.58%	0.07%
Lam Resh CorpLRCX	ACVF +0.51 points	0.73%	0.22%
Intel CorpINTC	ACVF +0.51 points	0.76%	0.25%
T-Mobile Us IncTMUS	ACVF +0.50 points	0.61%	0.11%
Marriott International, Inc Class AMAR	ACVF +0.48 points	0.55%	0.07%
Palantir Technologies Inc. Class APLTR	ACVF +0.48 points	0.61%	0.13%
Spotify Technology SASPOT	ACVF +0.46 points	0.48%	0.02%
Eaton Corp PLCETN	ACVF +0.45 points	0.54%	0.09%
Citigroup IncC	ACVF +0.45 points	0.68%	0.23%
Oracle CorpORCL	ACVF +0.43 points	0.69%	0.26%
Micron Technology IncMU	ACVF +0.43 points	1.57%	1.14%
Accenture Plc-Cl AACN	ACVF +0.41 points	0.48%	0.07%
Pnc Financial Services GroupPNC	ACVF +0.42 points	0.51%	0.09%
Cme Group IncCME	ACVF +0.41 points	0.48%	0.07%
Garmin LtdGRMN	ACVF +0.41 points	0.50%	0.09%
Kla CorporationKLAC	ACVF +0.39 points	0.64%	0.25%
Servicenow IncNOW	ACVF +0.40 points	0.41%	0.01%
Nextera Energy IncNEE	ACVF +0.39 points	0.46%	0.07%
Cadence Design Sys IncCDNS	ACVF +0.39 points	0.42%	0.03%
Morgan StanleyMS	ACVF +0.38 points	0.64%	0.26%
Uber Technologies IncUBER	ACVF +0.38 points	0.46%	0.08%
Intuitive Surgical IncISRG	ACVF +0.38 points	0.43%	0.05%
Merck & Co. Inc.MRK	ACVF +0.37 points	0.80%	0.43%
Oreilly Automotive IncORLY	ACVF +0.37 points	0.42%	0.05%
Crowdstrike Holdings Inc. Class ACRWD	ACVF +0.36 points	0.39%	0.03%
Texas Instruments IncTXN	ACVF +0.35 points	0.70%	0.35%
Doordash Inc Class ADASH	ACVF +0.35 points	0.40%	0.05%
S&P Global IncSPGI	ACVF +0.35 points	0.46%	0.11%
Expedia Group IncEXPE	ACVF +0.35 points	0.43%	0.08%
Adobe Systems IncADBE	ACVF +0.35 points	0.38%	0.03%
Synopsys IncSNPS	ACVF +0.35 points	0.43%	0.08%
Pepsico IncPEP	ACVF +0.34 points	0.60%	0.26%
General Electric CoGE	ACVF +0.33 points	0.64%	0.31%
Capital One Financial CorpCOF	ACVF +0.33 points	0.50%	0.17%
Intuit IncINTU	ACVF +0.31 points	0.35%	0.04%
Mckesson CorpMCK	ACVF +0.32 points	0.36%	0.04%
Thermo Fisher Scientific IncTMO	ACVF +0.30 points	0.47%	0.17%
Hewlett-Packard EnterprisHPE	ACVF +0.30 points	0.51%	0.21%
Deere & CoDE	ACVF +0.29 points	0.54%	0.25%
RTX Corp.RTX	ACVF +0.29 points	0.58%	0.29%
Copart IncCPRT	ACVF +0.28 points	0.30%	0.02%
Caterpillar IncCAT	ACVF +0.29 points	0.71%	0.42%
AT&T IncT	ACVF +0.27 points	0.46%	0.19%
Roper Technologies IncROP	ACVF +0.27 points	0.30%	0.03%
Chubb LimitedCB	ACVF +0.27 points	0.40%	0.13%
Omnicom GroupOMC	ACVF +0.25 points	0.34%	0.09%
Moodys CorporationMCO	ACVF +0.24 points	0.35%	0.11%
Ciena CorpCIEN	ACVF +0.24 points	0.39%	0.15%
Waste Management IncWM	ACVF +0.24 points	0.37%	0.13%
Intercontinental Exchange InICE	ACVF +0.24 points	0.33%	0.09%
Ross Stores IncROST	ACVF +0.24 points	0.42%	0.18%
Republic Services IncRSG	ACVF +0.23 points	0.34%	0.11%
Amphenol Corp-Cl AAPH	ACVF +0.22 points	0.38%	0.16%
Abbott Laboratories Common Stock USD 0ABT	ACVF +0.22 points	0.38%	0.16%
Cintas CorpCTAS	ACVF +0.21 points	0.32%	0.11%
Jabil Circuit IncJBL	ACVF +0.20 points	0.29%	0.09%
Altria Group IncMO	ACVF +0.20 points	0.26%	0.06%
F5 IncFFIV	ACVF +0.20 points	0.26%	0.06%
Blackstone Group Inc/TheBX	ACVF +0.20 points	0.23%	0.03%
The Travelers Companies Inc.TRV	DFAC +0.19 points	0.06%	0.25%
Truist Financial CorpTFC	ACVF +0.18 points	0.27%	0.09%
Autozone IncAZO	ACVF +0.19 points	0.23%	0.04%
Vertex Pharmaceuticals IncVRTX	ACVF +0.18 points	0.28%	0.10%
Cboe Holdings IncCBOE	ACVF +0.17 points	0.24%	0.07%
Ge Vernova LlcGEV	ACVF +0.18 points	0.32%	0.14%
Qualcomm IncQCOM	ACVF +0.17 points	0.50%	0.33%
Gilead Sciences IncGILD	DFAC +0.17 points	0.13%	0.30%
RhRH	ACVF +0.16 points	0.17%	<0.01%
Mondelez International Inc-AMDLZ	ACVF +0.17 points	0.30%	0.13%
Take-Two Interactive SoftwreTTWO	ACVF +0.16 points	0.19%	0.03%
Medtronic PLCMDT	ACVF +0.16 points	0.26%	0.10%
Danaher CorpDHR	ACVF +0.16 points	0.27%	0.11%
Johnson ControlsJCI	ACVF +0.16 points	0.30%	0.14%
Viasat IncVSAT	ACVF +0.15 points	0.19%	0.04%
Charter Communications Inc-ACHTR	ACVF +0.14 points	0.15%	0.01%

All 389 ACVF 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.

ACVF vs DFAC Cost

Overpaying ACVF vs DFAC

$10,936

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

ACVF 0.75%
$14,482
DFAC 0.17%
$3,546

Amount$10,000

Years30 years

Cost over time

ACVF 0.75%
DFAC 0.17%
Overpaying

Year by year

Year	ACVF	DFAC	Overpaying
10	$1,336	$310	$1,026
20	$5,078	$1,211	$3,867
30	$14,482	$3,546	$10,936

Expense ratio

0.75%ACVF
0.17%DFAC, cheaper

DFAC0.17%ACVF0.75%

0.00%2.89%

Middle half of US Active Equity funds
Median 0.68%

DFAC 8th cheapest of 121 funds

ACVF 72nd cheapest of 121 funds

ACVF vs DFAC Dividends

Last 12 months to Oct 30, 2026

Yield (12M): ACVF 0.48%; DFAC 0.88%, better
Payout (12M): ACVF $0.27; DFAC $0.39
Last payment: ACVF $0.06; DFAC $0.10
Ex-dividend: ACVF Sep 23, 2026; DFAC Sep 22, 2026
Paid on: ACVF Sep 24, 2026; DFAC Sep 24, 2026
Frequency: ACVF Quarterly; DFAC Quarterly

Distribution history

Per share, 2020 to 2026, same scale for both

ACVFQuarterly · 24 paymentsAll ACVF payments⁠

DFACQuarterly · 22 paymentsAll DFAC payments⁠

ACVF vs DFAC Risk

Fall from peak · 5 years

ACVF
DFAC

Risk facts

VolatilityStd dev, 3 years: ACVF 11.5%, betterDFAC 12.6%
Return per unit of riskSharpe ratio, 3 years: ACVF 1.28DFAC 1.32, better
Worst fallMax drawdown, 5 years: ACVF −24.4%DFAC −23.1%, better
Market sensitivityBeta, 5 years: ACVF 0.91DFAC 0.99; Market = 1

ACVF 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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ACVF vs DFAC

In short

Stated mandate

Why people hold it

Worth knowing

How ACVF and DFAC differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in ACVF

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 ACVF and DFAC differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in ACVF

Only in DFAC

Weight gaps