BKSE vs DFAS: Grades, Fees and Holdings Compared

BNY Mellon US Small Cap Core Equity ETF

BKSEANYSE Arca

Dimensional US Small Cap ETF

DFASBNYSE Arca

Overlap

41.3%by weight

Expense ratio

BKSE −0.22pt a year

BKSE0.04%DFAS0.26%

Avg volume · 30D

DFAS 106.7×the volume

BKSE4.65KDFAS496K

5Y return · a year

DFAS +0.2pt

BKSE+7.1%DFAS+7.3%

BKSE vs DFAS Performance

Oct 29, 2021 – Oct 30, 2026

+40.9%BKSE+42.4%DFAS

Expense ratio: BKSE 0.04%, better; DFAS 0.26%
Fund size: BKSE $83M; DFAS $34.4B
1Y total return: BKSE +17.4%; DFAS +18.5%, better
Yield (12M): BKSE 1.28%, better; DFAS 1.01%
Holdings: BKSE 604; DFAS 2100
Avg volume (30D): BKSE 4.65K sh; DFAS 496K sh, better
NAV per share: BKSE $42.78; DFAS $79.57
52W range

ETF.net Grade

Pillar letters and Scores for BKSE, DFAS, with each pillar’s weight
Pillar	BKSE	DFAS
Cost30% weight	A91Higher	D34
Mission25% weight	A100	A100
Risk15% weight	B61	B63Higher
Tradability15% weight	D30	B69Higher
Holdings10% weight	C53	A80Higher
Durability5% weight	F18	A74Higher

Rank among US Small-Cap funds

How we build Categories ›

Same Category. BKSE and DFAS are both graded against the same 16 US Small-Cap funds, so their Grades compare head to head.

US Small-Cap⁠

Category · 16 funds

See all 16 ›

BKSE ranks 3rd and DFAS 7th of 16 funds in the US Small-Cap Category.

Rank 1ASCHASchwab U.S. Small-Cap ETFScore 81
Rank 2AVBVanguard Morningstar Small-Cap ETFScore 77
Rank 3ABKSEBNY Mellon US Small Cap Core Equity ETFScore 72
Rank 4AVTWOVanguard Russell 2000 ETFScore 71
Rank 6BIWMiShares Russell 2000 ETFScore 68
Rank 7BDFASDimensional US Small Cap ETFScore 66
Rank 8BRSSLGlobal X Russell 2000 ETFScore 65

Our read on each fund

ETF.net Research

BKSEABNY Mellon US Small Cap Core Equity ETF

DFASBDimensional US Small Cap ETF

In short

BKSE Small-cap indexing stripped to 0.04% a year, a fraction of what the typical fund in the category charges. About 600 US small caps, Morningstar's index, and a lot less name recognition than the household tickers.

DFAS No data

Stated mandate

BKSE The fund seeks to mirror the performance of the Morningstar US Small Cap Index. It normally invests nearly all assets in the index’s equity securities.

DFAS No data

Why people hold it

BKSE A 0.04% expense ratio sits in the cheapest tier of US small-cap index funds, well under iShares' IWM at 0.19% and a hair off Vanguard's VB and Schwab's SCHA at 0.03%.
Roughly 600 holdings across the Morningstar US Small Cap Index, so no single name drives the fund.
Straight index mandate: nearly all assets go into the index's own stocks, and it has been one of the tightest-tracking implementations in its peer group.
Pays distributions quarterly, on the standard schedule for a broad equity index fund.

DFAS No data

Worth knowing

BKSE Thinly traded and smaller than the category's household names, so bid-ask spreads can be wider and sizeable orders take more care at the screen.
Launched in 2020, a shorter live record than small-cap funds that have run through several full market cycles.
Small-cap stocks swing harder than large caps, and this fund holds the index as it comes with no defensive tilt.

DFAS No data

Full BKSE profile⁠

Full DFAS profile⁠

BKSE vs DFAS Holdings

How BKSE and DFAS differ

Overlap by weight

41.3%

Shared holdings make up 85.7% of BKSE and 41.5% of DFAS.

Level by level

Holdings495 in both41.3%
Sector11 Sectors88.5%
Countryby domicile99.1%
Asset classEquity100%

Sector

Sector weights in BKSE and DFAS, widest gap first
Sector	More in BKSEMore in DFAS	BKSE	DFAS
Real Estate	BKSE +6.2 points	6.6%	0.4%
Financials	DFAS +4.7 points	16.0%	20.7%
Industrials	DFAS +3.1 points	14.0%	17.1%
Technology	BKSE +2.6 points	17.6%	15.0%
Consumer Staples	DFAS +1.7 points	3.3%	5.0%
Energy	BKSE +1.2 points	7.5%	6.3%
Materials	DFAS +1.0 points	4.6%	5.6%
Utilities	BKSE +0.8 points	3.3%	2.5%
Consumer Discretionary	BKSE +0.7 points	13.6%	12.9%
Health Care	DFAS +0.6 points	11.6%	12.2%
Communication	DFAS +0.5 points	1.9%	2.4%

Country, concentration and asset class

Country by domicile

Country weights in BKSE and DFAS, widest gap first
Country	More in BKSEMore in DFAS	BKSE	DFAS
United States	DFAS +0.5 points	98.5%	99.0%
Brazil	BKSE +0.2 points	0.4%	0.2%
India	BKSE +0.2 points	0.3%	0.1%
Ireland	BKSE +0.2 points	0.2%	0.0%
Sweden	DFAS +0.2 points	0.0%	0.2%
Switzerland	BKSE +0.1 points	0.2%	0.1%
Canada	BKSE +0.1 points	0.1%	0.0%
Taiwan	Same weight	0.1%	0.1%
Other countries (9)	DFAS +0.1 points	0.2%	0.3%

Concentration

Weight in the 10 largest Holdings

BKSE4.0%
DFAS2.7%

Securities held

BKSE602
DFAS2,099

Asset class

BKSE: Equity
DFAS: Equity

Holdings

Only in BKSE107
In both495
Only in DFAS1,604

Only in BKSE

107 securities, 14.3% of BKSE by weight

Ryman Hospitality Properties0.38%
Macerich Co/The0.31%
Terreno Realty Corp0.30%
Lantheus Holdings Inc0.29%
Txnm Energy Inc0.26%
Rayonier Inc0.26%
Essential Properties Realty0.26%
Caesars Entertainment Inc0.25%
Varonis Systems Inc0.25%
Rithm Capital Corp0.24%
Fortune Brands Innovations I0.24%
Vornado Realty Trust0.24%
Outfront Media Inc0.23%
Kite Realty Group Trust0.23%
Sabra Health Care Reit Inc0.22%
Phillips Edison & Company In0.22%
Cousins Properties Inc0.22%
Rhythm Pharmaceuticals Inc0.21%
Csw Industrials Inc0.21%
Veradermics Inc0.21%
Mirum Pharmaceuticals Inc0.21%
Octave Intelligence-Cl B0.21%
Impinj Inc0.20%
Epr Properties0.20%
Starwood Property Trust Inc0.20%
Definium Therapeutics Inc0.20%
Netskope Inc-Cl A0.19%
Ccc Intelligent Solutions Ho0.19%
Integer Holdings Corp0.19%
Doximity Inc-Class A0.19%
Adaptive Biotechnologies0.19%
Tanger Inc0.19%
Apple Hospitality Reit Inc0.19%
Americold Realty Trust Inc0.18%
Kiniksa Pharmaceuticals Inte0.18%
Kilroy Realty Corp0.18%
Core Scientific Inc0.18%
Golar Lng Ltd0.18%
Independence Realty Trust In0.17%
Copa Holdings Sa-Class A0.17%
D-Wave Quantum Inc0.17%
Geo Group Inc/The0.17%
Rigetti Computing Inc0.17%
Cogent Biosciences Inc0.17%
Scholar Rock Holding Corp0.16%
Sl Green Realty Corp0.16%
Highwoods Properties Inc0.15%
Broadstone Net Lease Inc0.15%
Ondas Inc0.15%
Dreyfus Institutional Preferred Government Money M0.15%

Only in DFAS

1,604 securities, 58.3% of DFAS by weight

Skyworks Solutions Inc Common Stock USD.250.35%
Halozyme Therapeutics Inc Common Stock USD.0010.32%
Wesco International Inc Common Stock USD.010.28%
Moog Inc Class A Common Stock USD1.00.27%
Charles River Laboratories Common Stock USD.010.25%
Affiliated Managers Group Common Stock USD.010.25%
Range Resources Corp Common Stock USD.010.25%
Applied Industrial Tech Inc Common Stock0.25%
Repligen Corp Common Stock USD.010.24%
Interdigital Inc Common Stock USD.010.24%
Umb Financial Corp Common Stock USD1.00.24%
Arrow Electronics Inc Common Stock USD1.00.23%
Crown Holdings Inc Common Stock USD5.00.23%
Elanco Animal Health Inc Common Stock0.23%
Jm Smucker Co/The Common Stock0.23%
Southstate Bank Corp Common Stock USD2.50.23%
Bj’s Wholesale Club Holdings Common Stock USD.010.23%
Pinnacle Financial Partners Common Stock USD1.00.23%
Wintrust Financial Corp Common Stock0.22%
Invesco Ltd Common Stock USD.20.22%
Ies Holdings Inc Common Stock USD.010.22%
Antero Midstream Corp Common Stock0.22%
Popular Inc Common Stock USD.010.22%
Davita Inc Common Stock USD.0010.22%
Encompass Health Corp Common Stock USD.010.22%
Borgwarner Inc Common Stock USD.010.21%
Manhattan Associates Inc Common Stock USD.010.21%
Caci International Inc Class A Common Stock USD.10.21%
Sanmina Corp Common Stock USD.010.21%
Aramark Common Stock USD.010.21%
Henry Schein Inc Common Stock USD.010.21%
Flowserve Corp Common Stock USD1.250.20%
Life Time Group Holdings Inc Common Stock USD.010.20%
Maplebear Inc Common Stock USD.00010.20%
Krystal Biotech Inc Common Stock USD.000010.20%
Watts Water Technologies A Common Stock USD.10.20%
Allison Transmission Holding Common Stock USD.010.20%
Ttm Technologies Common Stock USD.0010.20%
Crane Co Common Stock USD1.00.20%
Huntington Ingalls Industrie Common Stock USD.010.20%
Jackson Financial Inc A Common Stock USD.010.20%
New York Times Co A Common Stock USD.10.20%
Rambus Inc Common Stock USD.0010.20%
Generac Holdings Inc Common Stock USD.010.20%
Acuity Inc Common Stock USD.010.19%
Advanced Energy Industries Common Stock USD.0010.19%
Antero Resources Corp Common Stock USD.010.19%
Bruker Corp Common Stock USD.010.19%
Sei Investments Company Common Stock USD.010.19%
Littelfuse Inc Common Stock USD.010.19%

Weight gaps

The 100 widest of 495 Holdings in both funds.

Holding weights in BKSE and DFAS, widest gap first
Holding	More in BKSEMore in DFAS	BKSE	DFAS
Twist Bioscience CorpTWST	BKSE +0.36 points	0.42%	0.06%
Gitlab Inc-Cl AGTLB	BKSE +0.33 points	0.41%	0.08%
Avantor IncAVTR	BKSE +0.30 points	0.48%	0.18%
Silicon Laboratories IncSLAB	BKSE +0.30 points	0.33%	0.03%
Sm Energy CoSM	BKSE +0.29 points	0.40%	0.11%
Epam Systems IncEPAM	BKSE +0.29 points	0.33%	0.04%
Churchill Downs IncCHDN	BKSE +0.26 points	0.28%	0.02%
Marketaxess Holdings IncMKTX	BKSE +0.27 points	0.27%	<0.01%
Elastic NVESTC	BKSE +0.25 points	0.38%	0.13%
Sentinelone Inc -Class AS	BKSE +0.24 points	0.36%	0.12%
Ralliant CorpRAL	BKSE +0.23 points	0.34%	0.11%
Maxlinear IncMXL	BKSE +0.23 points	0.26%	0.03%
Oruka Therapeutics IncORKA	BKSE +0.22 points	0.24%	0.02%
DuolingoDUOL	BKSE +0.22 points	0.24%	0.02%
Hanover Insurance Group Inc/THG	BKSE +0.20 points	0.38%	0.18%
Brinker International IncEAT	BKSE +0.20 points	0.41%	0.21%
Ha Sustainable InfrastructurHASI	BKSE +0.19 points	0.21%	0.02%
Ligand PharmaceuticalsLGND	BKSE +0.19 points	0.28%	0.09%
Servicetitan Inc-ATTAN	BKSE +0.20 points	0.20%	<0.01%
Etsy IncETSY	BKSE +0.20 points	0.38%	0.18%
Travere Therapeutics IncTVTX	BKSE +0.18 points	0.21%	0.03%
Cleveland-Cliffs IncCLF	BKSE +0.18 points	0.35%	0.17%
Lamb Weston Holdings IncLW	BKSE +0.18 points	0.33%	0.15%
Paylocity Holding CorpPCTY	BKSE +0.17 points	0.33%	0.16%
Qualys IncQLYS	BKSE +0.18 points	0.36%	0.18%
Synaptics IncSYNA	BKSE +0.18 points	0.21%	0.03%
Crocs IncCROX	BKSE +0.18 points	0.33%	0.15%
Elf Beauty IncELF	BKSE +0.17 points	0.29%	0.12%
Vf CorpVFC	BKSE +0.18 points	0.31%	0.13%
Irhythm Holdings IncIRTC	BKSE +0.17 points	0.18%	<0.01%
Nov IncNOV	BKSE +0.18 points	0.32%	0.14%
Chemed CorpCHE	BKSE +0.17 points	0.32%	0.15%
Workiva IncWK	BKSE +0.17 points	0.19%	0.02%
Versant Media Group IncVSNT	BKSE +0.17 points	0.20%	0.03%
Ptc Therapeutics IncPTCT	BKSE +0.17 points	0.22%	0.05%
Bath & Body Works IncBBWI	BKSE +0.17 points	0.21%	0.04%
Zeta Global Holdings Corp-AZETA	BKSE +0.16 points	0.31%	0.15%
Commvault Systems IncCVLT	BKSE +0.16 points	0.30%	0.14%
Weatherford International PlWFRD	BKSE +0.16 points	0.29%	0.13%
Celanese CorpCE	BKSE +0.16 points	0.24%	0.08%
Floor & Decor Holdings Inc-AFND	BKSE +0.16 points	0.23%	0.07%
Matador Resources CoMTDR	BKSE +0.16 points	0.32%	0.16%
10X Genomics Inc-Class ATXG	BKSE +0.16 points	0.36%	0.20%
Wingstop IncWING	BKSE +0.15 points	0.18%	0.03%
Ingredion IncINGR	BKSE +0.16 points	0.29%	0.13%
Kbr IncKBR	BKSE +0.15 points	0.22%	0.07%
Robert Half IncRHI	BKSE +0.16 points	0.20%	0.04%
Boyd Gaming CorpBYD	BKSE +0.16 points	0.17%	0.01%
Black Hills CorpBKH	BKSE +0.15 points	0.28%	0.13%
Organon & CoOGN	BKSE +0.15 points	0.16%	<0.01%
Frontdoor IncFTDR	BKSE +0.16 points	0.28%	0.12%
Xometry Inc-AXMTR	BKSE +0.15 points	0.19%	0.04%
H&R Block IncHRB	BKSE +0.15 points	0.29%	0.14%
Arcutis Biotherapeutics IncARQT	BKSE +0.15 points	0.15%	<0.01%
Transocean LtdRIG	BKSE +0.15 points	0.31%	0.16%
Abercrombie & Fitch Co-Cl AANF	BKSE +0.15 points	0.32%	0.17%
Caris Life Sciences IncCAI	BKSE +0.15 points	0.18%	0.03%
Tenable Holdings IncTENB	BKSE +0.15 points	0.25%	0.10%
Southwest Gas Holdings IncSWX	BKSE +0.15 points	0.29%	0.14%
Federal Signal CorpFSS	BKSE +0.15 points	0.30%	0.15%
Pbf Energy Inc-Class APBF	BKSE +0.15 points	0.33%	0.18%
Glacier Bancorp IncGBCI	BKSE +0.14 points	0.28%	0.14%
Victoria's Secret & CoVSXY	BKSE +0.14 points	0.31%	0.17%
Lear CorpLEA	BKSE +0.14 points	0.27%	0.13%
Adt IncADT	BKSE +0.14 points	0.30%	0.16%
Sensata Technologies HoldplcST	BKSE +0.14 points	0.26%	0.12%
Calumet IncCLMT	BKSE +0.14 points	0.16%	0.02%
Terex CorpTEX	BKSE +0.14 points	0.28%	0.14%
Cg Oncology IncCGON	BKSE +0.14 points	0.16%	0.02%
LIFE360 IncLIF	BKSE +0.14 points	0.16%	0.02%
Exlservice Holdings IncEXLS	BKSE +0.14 points	0.28%	0.14%
Science Applications InteSAIC	BKSE +0.14 points	0.29%	0.15%
Casella Waste Systems Inc-ACWST	BKSE +0.14 points	0.26%	0.12%
Murphy Oil CorpMUR	BKSE +0.14 points	0.27%	0.13%
Gxo Logistics IncGXO	BKSE +0.14 points	0.26%	0.12%
Noble Corp PLCNE	BKSE +0.14 points	0.29%	0.15%
Eagle Materials IncEXP	BKSE +0.13 points	0.25%	0.12%
Teleflex IncTFX	BKSE +0.14 points	0.28%	0.14%
Lyft Inc-ALYFT	BKSE +0.13 points	0.27%	0.14%
Genpact LtdG	BKSE +0.13 points	0.27%	0.14%
Viking Therapeutics IncVKTX	BKSE +0.14 points	0.14%	<0.01%
Wyndham Hotels & Resorts IncWH	BKSE +0.14 points	0.25%	0.11%
Msa Safety IncMSA	BKSE +0.14 points	0.29%	0.15%
Universal Display CorpOLED	BKSE +0.14 points	0.16%	0.02%
Sunococorp LlcSUNC	BKSE +0.13 points	0.17%	0.04%
Fnb CorpFNB	BKSE +0.13 points	0.28%	0.15%
Constellium SECSTM	BKSE +0.14 points	0.14%	<0.01%
Hexcel CorpHXL	BKSE +0.14 points	0.26%	0.12%
Planet Fitness Inc - Class APLNT	BKSE +0.13 points	0.19%	0.06%
Wex IncWEX	BKSE +0.14 points	0.27%	0.13%
Appfolio Inc - AAPPF	BKSE +0.13 points	0.22%	0.09%
Trex Company IncTREX	BKSE +0.13 points	0.24%	0.11%
Lemonade IncLMND	BKSE +0.13 points	0.13%	<0.01%
Axt IncAXTI	BKSE +0.13 points	0.15%	0.02%
Vail Resorts IncMTN	BKSE +0.13 points	0.24%	0.11%
Matson IncMATX	BKSE +0.14 points	0.30%	0.16%
Hinge Health Inc-AHNGE	BKSE +0.13 points	0.18%	0.05%
Dianthus Therapeutics IncDNTH	BKSE +0.13 points	0.16%	0.03%
Avnet IncAVT	BKSE +0.13 points	0.32%	0.19%
Vse CorpVSEC	BKSE +0.13 points	0.18%	0.05%

All 599 BKSE holdings⁠All 2,048 DFAS 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.

BKSE vs DFAS Cost

Overpaying DFAS vs BKSE

$4,509

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

BKSE 0.04%
$849
DFAS 0.26%
$5,358

Amount$10,000

Years30 years

Cost over time

BKSE 0.04%
DFAS 0.26%
Overpaying

Year by year

Year	BKSE	DFAS	Overpaying
10	$73	$473	$400
20	$288	$1,838	$1,550
30	$849	$5,358	$4,509

Expense ratio

0.04%BKSE, cheaper
0.26%DFAS

BKSE0.04%DFAS0.26%

0.03%0.60%

Middle half of US Small-Cap funds
Median 0.20%

BKSE 3rd cheapest of 16 funds

DFAS 11th cheapest of 16 funds

BKSE vs DFAS Dividends

Last 12 months to Oct 30, 2026

Yield (12M): BKSE 1.28%, better; DFAS 1.01%
Payout (12M): BKSE $0.55; DFAS $0.81
Last payment: BKSE $0.15; DFAS $0.20
Ex-dividend: BKSE Oct 1, 2026; DFAS Sep 22, 2026
Paid on: BKSE Oct 6, 2026; DFAS Sep 24, 2026
Frequency: BKSE Quarterly; DFAS Quarterly

Distribution history

Per share, 2020 to 2026, same scale for both

BKSEQuarterly · 26 paymentsAll BKSE payments⁠

DFASQuarterly · 22 paymentsAll DFAS payments⁠

BKSE vs DFAS Risk

Fall from peak · 5 years

BKSE
DFAS

Risk facts

VolatilityStd dev, 3 years: BKSE 18.0%DFAS 17.1%, better
Return per unit of riskSharpe ratio, 3 years: BKSE 0.89, betterDFAS 0.81
Worst fallMax drawdown, 5 years: BKSE −29.1%DFAS −26.1%, better
Market sensitivityBeta, 5 years: BKSE 1.07DFAS 1.03; Market = 1

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