AIEQ vs DFAU: Grades, Fees and Holdings Compared

Amplify AI Powered Equity ETF

AIEQCNYSE Arca

Dimensional US Core Equity Market ETF

DFAUANYSE Arca

Overlap

25.9%by weight

Expense ratio

DFAU −0.63pt a year

AIEQ0.75%DFAU0.12%

Avg volume · 30D

DFAU 122.9×the volume

AIEQ4.52KDFAU555K

5Y return · a year

DFAU +8.5pt

AIEQ+3.1%DFAU+11.6%

AIEQ vs DFAU Performance

Oct 29, 2021 – Oct 30, 2026

+16.5%AIEQ+72.9%DFAU

Expense ratio: AIEQ 0.75%; DFAU 0.12%, better
Fund size: AIEQ $111M; DFAU $12.9B
1Y total return: AIEQ +6.3%; DFAU +13.2%, better
Yield (12M): AIEQ 0.40%; DFAU 0.90%, better
Holdings: AIEQ 161; DFAU 2165
Avg volume (30D): AIEQ 4.52K sh; DFAU 555K sh, better
NAV per share: AIEQ $48.45; DFAU $52.28
52W range

ETF.net Grade

Pillar letters and Scores for AIEQ, DFAU, with each pillar’s weight
Pillar	AIEQ	DFAU
Cost30% weight	D36	A97Higher
Mission25% weight	Not scored	A83
Risk15% weight	D37	B65Higher
Tradability15% weight	C52	A87Higher
Holdings10% weight	B56	A84Higher
Durability5% weight	B65	A91Higher

Rank among US Active Equity funds

How we build Categories ›

Same Category. AIEQ and DFAU 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 ›

DFAU ranks 2nd and AIEQ 73rd 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 71CEAGLEagle Capital Select Equity ETFScore 45
Rank 73CAIEQAmplify AI Powered Equity ETFScore 44
Rank 73CSTRNSMART Trend 25 ETFScore 44

Our read on each fund

ETF.net Research

AIEQCAmplify AI Powered Equity ETF

DFAUADimensional US Core Equity Market ETF

In short

AIEQ Most AI funds buy AI companies. AIEQ flips it: a machine-learning model running on the IBM Watson platform reads news, filings and market data to pick US stocks. Live since 2017, it is one of the original AI-run ETFs.

DFAU Active management priced like an index fund. Dimensional spreads across roughly 2,400 US stocks, then tilts the weights toward value, profitability and momentum instead of simply mirroring the Russell 3000.

Stated mandate

AIEQ The fund seeks to track the total-return performance of the AI Powered Equity Index before fees and expenses. Its AI-driven process uses historical, economic, and news information to select securities.

DFAU Seeks long-term capital appreciation. It uses an integrated research, portfolio-design, management, and trading process to build a broadly diversified portfolio of U.S. companies while balancing long-term return drivers, risk, shorter-term considerations, and trading costs.

Why people hold it

AIEQ The AI does the picking, not just the pitching. The index uses historical, economic and news information to select US stocks, so you get a machine's read on the market rather than a basket of AI vendors.amplifyetfs.com
Trading since October 2017, it has one of the longest real-world records of any AI-driven ETF, built well before the post-ChatGPT rush of launches.amplifyetfs.com
The book spreads across well over a hundred US names of all sizes, so it is not another chip-and-hyperscaler concentration play.

DFAU Charges 0.12% a year, well under the 0.65% median for active US equity funds and the cheapest of the top-graded names in its group (AVLC, DFAC, FELC).
Holds roughly 2,400 US companies, so no single name steers the fund. Whole-market coverage, not a concentrated bet.
Active without the stock-picking drama: it leans weights toward value, profitability and momentum, using the Russell 3000 as its reference point rather than a rigid rulebook.
A multi-billion-dollar fund that trades actively, and one of the strongest overall implementations in its active US equity peer group.

Worth knowing

AIEQ Active-style machinery, active-style price: 0.75% a year, versus index-built AI peers like XAIX (0.35%), QTUM (0.40%) and ARTY (0.47%).
It is a small fund and thinly traded next to the household-name AI ETFs, which can mean wider spreads at the moment you trade.
The model is proprietary. You can see the holdings, but not the reasoning that produced them, and the mix shifts as the model updates.amplifyetfs.com

DFAU Those tilts cut both ways: results can drift from a plain Russell 3000 fund for long stretches, in either direction.
No published index behind it. The trade-off for flexibility is that you're buying Dimensional's process, not a public set of rules you can check line by line.
Distributions land quarterly, not monthly, and the mandate is long-term capital appreciation rather than income.

Full AIEQ profile⁠

Full DFAU profile⁠

AIEQ vs DFAU Holdings

How AIEQ and DFAU differ

Overlap by weight

25.9%

Shared holdings make up 91.6% of AIEQ and 52.5% of DFAU.

Level by level

Holdings148 in both25.9%
Sector11 Sectors84.9%
Countryby domicile99.4%
Asset classEquity100%

Sector

Sector weights in AIEQ and DFAU, widest gap first
Sector	More in AIEQMore in DFAU	AIEQ	DFAU
Communication	AIEQ +8.4 points	16.4%	8.0%
Technology	DFAU +4.9 points	31.7%	36.6%
Health Care	DFAU +3.6 points	6.1%	9.7%
Consumer Discretionary	DFAU +3.4 points	6.0%	9.4%
Financials	AIEQ +2.3 points	15.2%	12.9%
Materials	AIEQ +2.0 points	4.7%	2.7%
Energy	DFAU +2.0 points	2.9%	4.9%
Industrials	AIEQ +1.3 points	10.2%	8.9%
Utilities	DFAU +1.1 points	1.0%	2.1%
Consumer Staples	AIEQ +0.7 points	5.4%	4.7%
Real Estate	AIEQ +0.5 points	0.6%	0.1%

Country, concentration and asset class

Country by domicile

Country weights in AIEQ and DFAU, widest gap first
Country	More in AIEQMore in DFAU	AIEQ	DFAU
United States	AIEQ +0.6 points	99.9%	99.3%
Other countries (10)	DFAU +0.6 points	0.1%	0.7%

Concentration

Weight in the 10 largest Holdings

AIEQ43.8%
DFAU33.4%

Securities held

AIEQ161
DFAU2,164

Asset class

AIEQ: Equity
DFAU: Equity

Holdings

Only in AIEQ13
In both148
Only in DFAU2,016

Only in AIEQ

13 securities, 8.5% of AIEQ by weight

Host Hotels & Resorts Inc3.79%
Alexandria Real Estate Equities Inc3.05%
Ventas Inc0.89%
Invesco Government & Agency Portfolio 12/31/20310.31%
UDR Inc0.05%
Crh PLC0.05%
Public Storage0.05%
Extra Space Storage Inc0.05%
Vivmark Residential0.05%
Prologis Inc0.05%
Camden Property Trust0.05%
Crown Castle Inc0.05%
Equinix Inc0.05%

Only in DFAU

2,016 securities, 47.4% of DFAU by weight

Meta Platforms Inc1.78%
Berkshire Hathaway Cl-B1.15%
Exxonmobil Holdings Corp1.07%
Visa Inc0.96%
Mastercard Inc - A0.69%
AbbVie Inc.0.61%
Chevron Corp.0.56%
Cisco Systems Inc.0.54%
Merck & Company Inc0.53%
Coca Cola Co.0.46%
Home Depot Inc0.46%
UnitedHealth Group Inc.0.40%
Palantir Technologies Inc0.40%
Bank of America Corp0.39%
Oracle Corp.0.38%
General Electric Company0.38%
Amgen Inc0.36%
International Business Ma0.36%
Goldman Sachs Group Inc.0.35%
Wells Fargo & Co.0.34%
Rtx Corp0.31%
New Linde PLC0.30%
Morgan Stanley0.29%
Kla Corp0.29%
Conocophillips0.28%
Thermo Fisher Scientific.0.27%
Union Pac Corp.0.25%
Pepsico Inc.0.25%
Amphenol Corp Class A0.25%
Netflix.com Inc.0.24%
Citigroup Inc.0.24%
Analog Devices Inc.0.24%
Western Digital0.24%
Mcdonald's Corp.0.21%
Deere & Co.0.20%
Eog Resources Inc.0.19%
BlackRock Funding Inc/De0.18%
Marathon Petroleum Corp.0.18%
Newmont Corp0.18%
Progressive Corp0.18%
Accenture PLC0.17%
Dell Technologies Inc0.17%
Eaton Corp PLC0.17%
The Charles Schwab Corp.0.17%
Valero Energy Corp0.17%
General Motors0.17%
Johnson Controls Intl0.17%
Hewlett-Packard Enterpris0.16%
Danaher Corp.0.16%
3M Co.0.16%

Weight gaps

The 100 widest of 148 Holdings in both funds.

Holding weights in AIEQ and DFAU, widest gap first
Holding	More in AIEQMore in DFAU	AIEQ	DFAU
American Express CoAXP	AIEQ +8.39 points	8.65%	0.26%
Caterpillar IncCAT	AIEQ +4.52 points	4.87%	0.35%
American International Group IncAIG	AIEQ +3.74 points	3.82%	0.08%
Incyte CorpINCY	AIEQ +3.72 points	3.77%	0.05%
Fifth Third BancorpFITB	AIEQ +3.71 points	3.79%	0.08%
Cintas CorpCTAS	AIEQ +3.64 points	3.78%	0.14%
Apple IncAAPL	DFAU +3.61 points	3.49%	7.10%
Carrier Global CorpCARR	AIEQ +3.49 points	3.56%	0.07%
Occidental Petroleum CorpOXY	AIEQ +3.49 points	3.63%	0.14%
Applied Materials IncAMAT	AIEQ +3.39 points	3.78%	0.39%
Skydance CorpSKYD	AIEQ +3.30 points	3.29%	<0.01%
NVIDIA CorpNVDA	DFAU +3.03 points	3.76%	6.79%
Intuitive Surgical IncISRG	AIEQ +2.97 points	3.11%	0.14%
Datadog IncDDOG	AIEQ +2.94 points	3.02%	0.08%
Jabil IncJBL	AIEQ +2.31 points	2.37%	0.06%
Alphabet IncGOOGL	DFAU +2.09 points	0.05%	2.14%
Microsoft CorpMSFT	DFAU +1.82 points	3.79%	5.62%
Motorola Solutions IncMSI	AIEQ +1.65 points	1.80%	0.15%
Broadcom IncAVGO	AIEQ +1.59 points	3.63%	2.04%
Dexcom IncDXCM	AIEQ +1.54 points	1.58%	0.04%
Amazon.com IncAMZN	DFAU +1.50 points	1.64%	3.14%
Micron Technology IncMU	DFAU +1.46 points	0.16%	1.62%
Reddit IncRDDT	AIEQ +1.32 points	1.34%	0.02%
Lululemon Athletica IncLULU	AIEQ +1.31 points	1.31%	<0.01%
Tesla IncTSLA	DFAU +1.30 points	0.05%	1.35%
Bloom Energy CorpBE	AIEQ +1.23 points	1.28%	0.05%
Regeneron Pharmaceuticals IncREGN	AIEQ +1.20 points	1.33%	0.13%
JPMorgan Chase & Co.JPM	DFAU +1.16 points	0.05%	1.21%
Eli Lilly & CoLLY	DFAU +1.16 points	0.29%	1.45%
EchoStar CorpECHO	AIEQ +1.12 points	1.13%	<0.01%
Trane Technologies PLCTT	AIEQ +1.10 points	1.21%	0.11%
Johnson & JohnsonJNJ	DFAU +0.73 points	0.05%	0.78%
Walmart IncWMT	DFAU +0.63 points	0.05%	0.68%
Blackstone IncBX	AIEQ +0.63 points	0.71%	0.08%
Las Vegas Sands CorpLVS	AIEQ +0.58 points	0.61%	0.03%
Advanced Micro Devices IncAMD	DFAU +0.51 points	0.51%	1.02%
Arista Networks IncANET	AIEQ +0.48 points	0.69%	0.21%
Live Nation Entertainment IncLYV	AIEQ +0.48 points	0.55%	0.07%
Procter & Gamble Co/ThePG	DFAU +0.47 points	0.05%	0.52%
Intel CorpINTC	DFAU +0.43 points	0.05%	0.48%
Costco Wholesale CorpCOST	DFAU +0.42 points	0.06%	0.48%
Estee Lauder Cos Inc/TheEL	AIEQ +0.42 points	0.47%	0.05%
NXP Semiconductors NVNXPI	AIEQ +0.42 points	0.55%	0.13%
Philip Morris International IncPM	DFAU +0.32 points	0.05%	0.37%
Texas Instruments IncTXN	DFAU +0.31 points	0.05%	0.36%
Lam Research CorpLRCX	DFAU +0.31 points	0.05%	0.36%
Verizon Communications IncVZ	DFAU +0.25 points	0.05%	0.30%
Gilead Sciences IncGILD	DFAU +0.25 points	0.05%	0.30%
LyondellBasell Industries NVLYB	AIEQ +0.23 points	0.27%	0.04%
Sandisk CorpSNDK	DFAU +0.22 points	0.05%	0.27%
Salesforce IncCRM	DFAU +0.19 points	0.05%	0.24%
Walt Disney Co/TheDIS	DFAU +0.17 points	0.05%	0.22%
Seagate Technology Holdings PLCSTX	DFAU +0.16 points	0.05%	0.21%
Bristol-Myers Squibb CoBMY	DFAU +0.16 points	0.05%	0.21%
GE Vernova IncGEV	DFAU +0.15 points	0.05%	0.20%
TJX Cos Inc/TheTJX	DFAU +0.15 points	0.05%	0.20%
AT&T IncT	DFAU +0.15 points	0.04%	0.19%
NextEra Energy IncNEE	DFAU +0.15 points	0.05%	0.20%
Pfizer IncPFE	DFAU +0.14 points	0.05%	0.19%
Travelers Cos Inc/TheTRV	DFAU +0.13 points	0.06%	0.19%
Lockheed Martin CorpLMT	DFAU +0.14 points	0.06%	0.20%
Workday IncWDAY	AIEQ +0.14 points	0.18%	0.04%
Abbott LaboratoriesABT	DFAU +0.13 points	0.05%	0.18%
Palo Alto Networks IncPANW	DFAU +0.13 points	0.07%	0.20%
Phillips 66PSX	DFAU +0.13 points	0.06%	0.19%
CSX CorpCSX	DFAU +0.12 points	0.05%	0.17%
Intercontinental Exchange IncICE	DFAU +0.11 points	0.05%	0.16%
S&P Global IncSPGI	DFAU +0.11 points	0.05%	0.16%
Synopsys IncSNPS	DFAU +0.10 points	0.05%	0.15%
Mondelez International IncMDLZ	DFAU +0.10 points	0.05%	0.15%
Ecolab IncECL	DFAU +0.10 points	0.05%	0.15%
Sherwin-Williams Co/TheSHW	DFAU +0.09 points	0.05%	0.14%
Crowdstrike Holdings IncCRWD	DFAU +0.09 points	0.05%	0.14%
Alphabet IncGOOG	DFAU +0.09 points	1.67%	1.76%
Ross Stores IncROST	DFAU +0.09 points	0.05%	0.14%
Boeing Co/TheBA	DFAU +0.08 points	0.05%	0.13%
Northrop Grumman CorpNOC	DFAU +0.08 points	0.06%	0.14%
Moody's CorpMCO	DFAU +0.08 points	0.05%	0.13%
Uber Technologies IncUBER	DFAU +0.08 points	0.05%	0.13%
Lowe's Cos IncLOW	DFAU +0.08 points	0.05%	0.13%
McKesson CorpMCK	DFAU +0.08 points	0.05%	0.13%
Booking Holdings IncBKNG	DFAU +0.08 points	0.05%	0.13%
Williams Cos Inc/TheWMB	DFAU +0.08 points	0.05%	0.13%
United Rentals IncURI	DFAU +0.08 points	0.06%	0.14%
Lumentum Holdings IncLITE	AIEQ +0.07 points	0.16%	0.09%
Monster Beverage CorpMNST	DFAU +0.07 points	0.05%	0.12%
QUALCOMM IncQCOM	AIEQ +0.07 points	0.36%	0.29%
Colgate-Palmolive CoCL	DFAU +0.06 points	0.06%	0.12%
T-Mobile US IncTMUS	DFAU +0.06 points	0.05%	0.11%
O'Reilly Automotive IncORLY	DFAU +0.06 points	0.05%	0.11%
ServiceNow IncNOW	DFAU +0.05 points	0.04%	0.09%
CME Group IncCME	DFAU +0.05 points	0.06%	0.11%
Nasdaq IncNDAQ	DFAU +0.05 points	0.05%	0.10%
eBay IncEBAY	DFAU +0.05 points	0.05%	0.10%
TransDigm Group IncTDG	DFAU +0.05 points	0.05%	0.10%
Howmet Aerospace IncHWM	DFAU +0.04 points	0.05%	0.09%
Cardinal Health IncCAH	DFAU +0.04 points	0.05%	0.09%
News CorpNWS	AIEQ +0.04 points	0.05%	0.01%
Autodesk IncADSK	DFAU +0.04 points	0.05%	0.09%
Brown-Forman CorpBF.B	AIEQ +0.03 points	0.05%	0.02%

All 161 AIEQ holdings⁠All 2,381 DFAU 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.

AIEQ vs DFAU Cost

Overpaying AIEQ vs DFAU

$11,962

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

AIEQ 0.75%
$14,482
DFAU 0.12%
$2,520

Amount$10,000

Years30 years

Cost over time

AIEQ 0.75%
DFAU 0.12%
Overpaying

Year by year

Year	AIEQ	DFAU	Overpaying
10	$1,336	$220	$1,116
20	$5,078	$859	$4,219
30	$14,482	$2,520	$11,962

Expense ratio

0.75%AIEQ
0.12%DFAU, cheaper

DFAU0.12%AIEQ0.75%

0.00%2.89%

Middle half of US Active Equity funds
Median 0.68%

DFAU 4th cheapest of 121 funds

AIEQ 72nd cheapest of 121 funds

AIEQ vs DFAU Dividends

Last 12 months to Oct 30, 2026

Yield (12M): AIEQ 0.40%; DFAU 0.90%, better
Payout (12M): AIEQ $0.19; DFAU $0.47
Last payment: AIEQ $0.19; DFAU $0.12
Ex-dividend: AIEQ Dec 30, 2025; DFAU Sep 22, 2026
Paid on: AIEQ Dec 31, 2025; DFAU Sep 24, 2026
Frequency: AIEQ Annual; DFAU Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

AIEQAnnual · 24 paymentsAll AIEQ payments⁠

DFAUQuarterly · 24 paymentsAll DFAU payments⁠

AIEQ vs DFAU Risk

Fall from peak · 5 years

AIEQ
DFAU

Risk facts

VolatilityStd dev, 3 years: AIEQ 16.4%DFAU 12.4%, better
Return per unit of riskSharpe ratio, 3 years: AIEQ 0.91DFAU 1.38, better
Worst fallMax drawdown, 5 years: AIEQ −39.0%DFAU −23.6%, better
Market sensitivityBeta, 5 years: AIEQ 1.16DFAU 1.01; Market = 1

AIEQ and DFAU in the news

All news⁠

ETF Filings
SWP files for a 21-stock AI-selected equity ETF
Sep 25, 2026AIEQ

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AIEQ vs DFAU

In short

Stated mandate

Why people hold it

Worth knowing

How AIEQ and DFAU differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in AIEQ

Only in DFAU

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

SWP files for a 21-stock AI-selected equity ETF

How AIEQ and DFAU differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in AIEQ

Only in DFAU

Weight gaps