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AVRY vs DFAC

Avory Foundational ETF

AVRYFCboe

Dimensional US Core Equity 2 ETF

DFACANYSE Arca

Overlap

Expense ratio

DFAC −0.72pt a year

AVRY0.89%DFAC0.17%

Avg volume · 30D

DFAC 222.2×the volume

AVRY9.02KDFAC2M

AVRY vs DFAC Performance

Jul 31, 2026 – Oct 30, 2026

+2.5%AVRY+1.1%DFAC

Jul 31, 2026 to Oct 30, 2026. AVRY +2.5%. DFAC +1.1%. Use the arrow keys to read each point.0%4%6%Jul 2026Sep 2026Oct 2026
Expense ratio
AVRY 0.89%
DFAC 0.17%, better
Fund size
AVRY $70M
DFAC $87.7B
1Y total return
AVRY No data
DFAC +16.1%
Yield (12M)
AVRY No data
DFAC 0.88%
Holdings
AVRY 26
DFAC 2553
Avg volume (30D)
AVRY 9.02K sh
DFAC 2M sh, better
NAV per share
AVRY $25.41
DFAC $44.87
52W range

ETF.net Grade

AVRY: Cost 23, Risk 7, Mission not scored, Tradability 28, Holdings 39, Durability 37. DFAC: Cost 94, Risk 66, Mission 100, Tradability 87, Holdings 87, Durability 97.
Pillar letters and Scores for AVRY, DFAC, with each pillar’s weight
PillarAVRYDFAC
Cost30% weightF23A94Higher
Mission25% weightNot scoredA100
Risk15% weightF7B66Higher
Tradability15% weightD28A87Higher
Holdings10% weightD39A87Higher
Durability5% weightD37A97Higher

Rank among US Active Equity funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. AVRY 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 AVRY 112th of 121 funds in the US Active Equity Category.

  1. Rank 1AAVLCAvantis U.S. Large Cap Equity ETFScore 87
  2. Rank 2ADFAUDimensional US Core Equity Market ETFScore 86
  3. Rank 3ADFACDimensional US Core Equity 2 ETFScore 85
  4. Rank 4ADYNFiShares U.S. Equity Factor Rotation Active ETFScore 83
  5. Rank 111DGGMGGM Macro Alignment ETFScore 25
  6. Rank 112FAVRYAvory Foundational ETFScore 23
  7. Rank 112FBSRBeacon Unified Catalyst ETFScore 23

Our read on each fund

ETF.net Research

AVRYFAvory Foundational ETF

DFACADimensional US Core Equity 2 ETF

In short

AVRY Most "core" equity funds own hundreds of stocks. AVRY owns a couple dozen, chosen without a benchmark or a cash rule by a Miami boutique that runs concentrated portfolios. Core in intent, high-conviction in construction.

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

AVRY The Fund aims for long-term capital appreciation.

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

Why people hold it

  • AVRY Genuinely active, not index-shaped: the manager targets roughly 20 to 30 companies, with no benchmark to hug and no cash constraint, and publishes holdings daily.yahoo.com
  • Non-diversified on purpose. It concentrates in US-listed companies above $500 million in market value, with room for ADRs and foreign names when the case is there.sec.gov
  • Runs on EA Series Trust (ETF Architect), the white-label platform that gives a boutique stock-picker institutional custody, compliance and creation plumbing.sec.gov
  • The mandate is long-term capital appreciation, so the payoff is meant to come from share prices rather than a distribution stream.
  • 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

  • AVRY Costs 0.89% a year, above the 0.65% median for active US equity funds and multiples of what the top-graded names in the group charge (DFAU 0.12%, AVLC 0.15%, DFAC 0.17%).
  • Launched in 2026 under a single named manager, so there is no long live track record, and the fund is still small and lightly traded.aaii.com
  • Concentration cuts both ways: with a couple dozen positions and no index guardrails, one company's move moves the fund far more than in a broad core product.yahoo.comsec.gov
  • 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 AVRY profile⁠

Full DFAC profile⁠

AVRY vs 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.

AVRY vs DFAC Cost

Overpaying AVRY vs DFAC

$13,326

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

  • AVRY 0.89%

    $16,872

  • DFAC 0.17%

    $3,546

$10,000
30 years

Cost over time

  • AVRY 0.89%
  • DFAC 0.17%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530AVRY $16,872DFAC $3,546

Year by year

YearAVRYDFACOverpaying
10$1,576$310$1,266
20$5,953$1,211$4,742
30$16,872$3,546$13,326

Expense ratio

  • 0.89%AVRY
  • 0.17%DFAC, cheaper
  • Middle half of US Active Equity funds
  • Median 0.68%

DFAC 8th cheapest of 121 funds

AVRY 92nd cheapest of 121 funds

AVRY vs DFAC Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
AVRY No data
DFAC 0.88%
Payout (12M)
AVRY None
DFAC $0.39
Last payment
AVRY No data
DFAC $0.10
Ex-dividend
AVRY No data
DFAC Sep 22, 2026
Paid on
AVRY No data
DFAC Sep 24, 2026
Frequency
AVRY No data
DFAC Quarterly

Distribution history

Per share, 2021 to 2026, same scale for both

AVRYAll AVRY payments⁠

No distribution history available.

DFACQuarterly · 22 paymentsAll DFAC payments⁠
One bar per payment. 22 payments from 2021 to 2026 YTD. Jun 22, 2021 $0.06; Sep 21, 2021 $0.08; Dec 16, 2021 $0.11; Mar 22, 2022 $0.06; Jun 22, 2022 $0.09; Sep 20, 2022 $0.09; Dec 20, 2022 $0.12; Mar 21, 2023 $0.06; Jun 21, 2023 $0.09; Sep 19, 2023 $0.10; Dec 19, 2023 $0.10; Mar 19, 2024 $0.07; Jun 18, 2024 $0.10; Sep 17, 2024 $0.09; Dec 17, 2024 $0.10; Mar 25, 2025 $0.08; Jun 24, 2025 $0.11; Sep 23, 2025 $0.11; Dec 16, 2025 $0.09; Mar 24, 2026 $0.10; Jun 23, 2026 $0.11; Sep 22, 2026 $0.10. Use the arrow keys to read each point.$0$0.1020232026YTD

AVRY vs DFAC Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
AVRY No dataDFAC 12.6%
Return per unit of riskSharpe ratio, 3 years
AVRY No dataDFAC 1.32
Worst fallMax drawdown, 5 years
AVRY No dataDFAC −23.1%
Market sensitivityBeta, 5 years
AVRY 1.14DFAC 0.99

Popular comparisons

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    Expense ratio
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