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BDYN vs DFAW

iShares Dynamic Equity Active ETF

BDYNANasdaq

Dimensional World Equity ETF

DFAWANYSE Arca

Overlap

Expense ratio

DFAW −0.16pt a year

BDYN0.39%DFAW0.23%

Avg volume · 30D

BDYN 3.9×the volume

BDYN382KDFAW98.6K

BDYN vs DFAW Performance

Oct 31, 2025 – Nov 2, 2026

+6.5%BDYN+15.6%DFAW

Oct 31, 2025 to Nov 2, 2026. BDYN +6.5%. DFAW +15.6%. Use the arrow keys to read each point.−5%0%10%20%Oct 2025May 2026Nov 2026
Expense ratio
BDYN 0.39%
DFAW 0.23%, better
Fund size
BDYN $3.1B
DFAW $1.71B
1Y total return
BDYN +6.5%
DFAW +15.6%, better
Yield (12M)
BDYN No data
DFAW 1.30%
Holdings
BDYN 279
DFAW 6
Avg volume (30D)
BDYN 382K sh, better
DFAW 98.6K sh
NAV per share
BDYN $27.12
DFAW $82.88
52W range

ETF.net Grade

BDYN: Cost 79, Risk 49, Mission 68, Tradability 77, Holdings 75, Durability 96. DFAW: Cost 95, Risk 75, Mission 100, Tradability 83, Holdings 32, Durability 79.
Pillar letters and Scores for BDYN, DFAW, with each pillar’s weight
PillarBDYNDFAW
Cost30% weightA79A95Higher
Mission25% weightB68A100Higher
Risk15% weightC49A75Higher
Tradability15% weightA77A83Higher
Holdings10% weightA75HigherD32
Durability5% weightA96HigherA79

Rank among Global 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. BDYN and DFAW are both graded against the same 44 Global Active Equity funds, so their Grades compare head to head.

Global Active Equity⁠

Category · 44 funds
See all 44 ›

DFAW ranks 1st and BDYN 7th of 44 funds in the Global Active Equity Category.

  1. Rank 1AAVGEAvantis All Equity Markets ETFScore 79
  2. Rank 1AAVTMAvantis Total Equity Markets ETF 1Score 79
  3. Rank 1ABDVLiShares Disciplined Volatility Equity Active ETFScore 79
  4. Rank 1ADFAWDimensional World Equity ETFScore 79
  5. Rank 5ABFLXiShares Flexible Equity Active ETFScore 74
  6. Rank 5AGEQCambria Global EW 2 ETFScore 74
  7. Rank 7ABDYNiShares Dynamic Equity Active ETFScore 73
  8. Rank 7ABINTBluemonte Global Equity ETFScore 73

Our read on each fund

ETF.net Research

BDYNAiShares Dynamic Equity Active ETF

DFAWADimensional World Equity ETF

In short

BDYN A 2017 BlackRock Global Allocation mutual fund that slipped into an ETF wrapper in September 2025. Go-anywhere global stock picking, roughly 240 names, measured against MSCI World.

DFAW No data

Stated mandate

BDYN The fund seeks total return through active management of a stock portfolio diversified across regions, sectors, and industries.

DFAW No data

Why people hold it

  • BDYN Not a new launch: it ran as the BlackRock GA Dynamic Equity mutual fund from 2017, converting in September 2025 with the same objective and the same Global Allocation team.ishares.com
  • 0.39% net of a waiver through June 30, 2028 (0.40% gross), below the typical global active equity fee. Sibling BDVL matches it, with a waiver to the same date.
  • Few guardrails: developed, emerging and frontier markets, any market cap, convertibles, cash and commodity-linked exposure through a Cayman subsidiary, all in one ticker.sec.gov
  • Multi-billion-dollar fund inside the iShares lineup, and one of the stronger showings among the global active equity funds we grade.

DFAW No data

Worth knowing

  • BDYN Broad-market active rivals cost less: AVTM at 0.22% and AVGE at 0.23%, neither leaning on a waiver.
  • No index to hug. The mix moves with the managers' read on growth, resources and politics, so results can diverge from MSCI World in either direction.sec.gov
  • Short history as an ETF, so its trading and risk record in this wrapper is still thin. Distributions land annually, not monthly.ishares.com

DFAW No data

Full BDYN profile⁠

Full DFAW profile⁠

BDYN vs DFAW 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.

BDYN vs DFAW Cost

Overpaying BDYN vs DFAW

$3,139

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

  • BDYN 0.39%

    $7,898

  • DFAW 0.23%

    $4,759

$10,000
30 years

Cost over time

  • BDYN 0.39%
  • DFAW 0.23%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K051015202530BDYN $7,898DFAW $4,759

Year by year

YearBDYNDFAWOverpaying
10$705$419$286
20$2,725$1,630$1,095
30$7,898$4,759$3,139

Expense ratio

  • 0.39%BDYN
  • 0.23%DFAW, cheaper
  • Middle half of Global Active Equity funds
  • Median 0.69%

DFAW 2nd cheapest of 44 funds

BDYN 9th cheapest of 44 funds

BDYN vs DFAW Dividends

Last 12 months to Nov 2, 2026
Yield (12M)
BDYN No data
DFAW 1.30%
Payout (12M)
BDYN No data
DFAW $1.08
Last payment
BDYN $0.56
DFAW $0.26
Ex-dividend
BDYN Dec 16, 2025
DFAW Sep 22, 2026
Paid on
BDYN Dec 19, 2025
DFAW Sep 24, 2026
Frequency
BDYN Irregular
DFAW Quarterly

Distribution history

Per share, 2023 to 2026, same scale for both

BDYNIrregular · 1 paymentAll BDYN payments⁠
One bar per payment. 1 payment from 2023 to 2026 YTD. Dec 16, 2025 $0.56. Use the arrow keys to read each point.$0$0.5020232026YTD
DFAWQuarterly · 12 paymentsAll DFAW payments⁠
One bar per payment. 12 payments from 2023 to 2026 YTD. Dec 21, 2023 $0.23; Mar 19, 2024 $0.10; Jun 18, 2024 $0.30; Sep 17, 2024 $0.22; Dec 19, 2024 $0.30; Mar 25, 2025 $0.14; Jun 24, 2025 $0.36; Sep 23, 2025 $0.24; Dec 18, 2025 $0.28; Mar 24, 2026 $0.16; Jun 23, 2026 $0.38; Sep 22, 2026 $0.26. Use the arrow keys to read each point.$0$0.5020232026YTD

BDYN vs DFAW Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
BDYN 12.8%since Oct 2025DFAW 11.8%
Return per unit of riskSharpe ratio, 3 years
BDYN 0.41since Oct 2025DFAW 1.37
Worst fallMax drawdown, 5 years
BDYN −10.8%since Sep 2025DFAW −16.9%since Sep 2023
Market sensitivityBeta, 5 years
BDYN 0.96DFAW 0.91

Popular comparisons

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