BRCE vs DFAC: Grades, Fees and Holdings Compared

MFS Blended Research Core Equity ETF

BRCEBNYSE

Dimensional US Core Equity 2 ETF

DFACANYSE Arca

Overlap

39.1%by weight

Expense ratio

DFAC −0.07pt a year

BRCE0.24%DFAC0.17%

Avg volume · 30D

DFAC 188.6×the volume

BRCE10.6KDFAC2M

BRCE vs DFAC Performance

Nov 7, 2025 – Nov 9, 2026

+16.3%BRCE+17.3%DFAC

Expense ratio: BRCE 0.24%; DFAC 0.17%, better
Fund size: BRCE $56M; DFAC $85.6B
1Y total return: BRCE +16.3%; DFAC +17.3%, better
Yield (12M): BRCE No data; DFAC 0.88%
Holdings: BRCE 110; DFAC 2549
Avg volume (30D): BRCE 10.6K sh; DFAC 2M sh, better
NAV per share: BRCE $28.63; DFAC $43.78
52W range

ETF.net Grade

Pillar letters and Scores for BRCE, DFAC, with each pillar’s weight
Pillar	BRCE	DFAC
Cost30% weight	A89	A94Higher
Mission25% weight	Not scored	A100
Risk15% weight	A72Higher	B65
Tradability15% weight	D37	A86Higher
Holdings10% weight	B67	A89Higher
Durability5% weight	D37	A97Higher

Rank among US Active Equity funds

How we build Categories ›

Same Category. BRCE 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 BRCE 26th 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 26BBLCRiShares Large Cap Core Active ETFScore 68
Rank 26BBRCEMFS Blended Research Core Equity ETFScore 68
Rank 26BLCAPPrincipal Capital Appreciation Select ETFScore 68

Our read on each fund

ETF.net Research

BRCEBMFS Blended Research Core Equity ETF

DFACADimensional US Core Equity 2 ETF

In short

BRCE No data

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

BRCE No data

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

Why people hold it

BRCE No data

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

BRCE No data

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 BRCE profile⁠

Full DFAC profile⁠

BRCE vs DFAC Holdings

How BRCE and DFAC differ

Overlap by weight

39.1%

Shared holdings make up 96.5% of BRCE and 42.8% of DFAC.

Level by level

Holdings104 in both39.1%
Sector11 Sectors90.8%
Countryby domicile94.5%
Asset classStocks100%

Sector

Sector weights in BRCE and DFAC, widest gap first
Sector	Gap	BRCE	DFAC
Technology	BRCE +5.0 points	36.9%	31.9%
Industrials	DFAC +3.6 points	8.7%	12.3%
Energy	DFAC +2.3 points	3.4%	5.7%
Health Care	BRCE +1.8 points	11.1%	9.3%
Materials	DFAC +1.7 points	1.0%	2.7%
Financials	DFAC +1.7 points	13.5%	15.2%
Real Estate	BRCE +0.8 points	1.0%	0.2%
Communication	BRCE +0.7 points	8.3%	7.6%
Utilities	BRCE +0.7 points	2.4%	1.7%
Consumer Staples	BRCE +0.3 points	5.2%	4.9%
Consumer Discretionary	Same weight	8.6%	8.6%

Country, concentration and asset class

Country by domicile

Country weights in BRCE and DFAC, widest gap first
Country	Gap	BRCE	DFAC
United States	DFAC +5.1 points	93.9%	99.0%
Bermuda	BRCE +2.1 points	2.1%	0.0%
Ireland	BRCE +1.7 points	1.7%	0.0%
Puerto Rico	BRCE +0.8 points	0.8%	0.0%
Other countries (12)	BRCE +0.5 points	1.5%	1.0%

Concentration

Weight in the 10 largest Holdings

BRCE39.7%
DFAC26.3%

Securities held

BRCE109
DFAC2,547

Asset class

BRCE: Stocks
DFAC: Stocks

Holdings

Only in BRCE5
In both104
Only in DFAC2,443

Only in BRCE

5 securities, 3.2% of BRCE by weight

Viking Holdings Ltd1.47%
Everest Group Ltd0.63%
Wp Carey Inc0.52%
Space Exploration Techn Class A0.35%
Prologis Inc0.27%

Only in DFAC

2,443 securities, 57.0% of DFAC by weight

Procter & Gamble Co/The Common Stock0.57%
Walmart Inc Common Stock USD.10.56%
Cisco Systems Inc Common Stock USD.0010.49%
Coca Cola Co/The Common Stock USD.250.48%
Merck & Co. Inc. Common Stock USD.50.45%
Home Depot Inc Common Stock USD.050.42%
Amgen Inc Common Stock USD.00010.39%
Caterpillar Inc Common Stock USD1.00.38%
Wells Fargo & Co Common Stock USD1.6660.34%
Intl Business Machines Corp Common Stock USD.20.34%
Goldman Sachs Group Inc Common Stock USD.010.34%
General Electric Common Stock USD.010.33%
Texas Instruments Inc Common Stock USD1.00.32%
UnitedHealth Group Inc Common Stock USD.010.30%
Western Digital Corp Common Stock USD.010.29%
Deere & Co Common Stock USD1.00.27%
Linde PLC Common Stock0.27%
American Express Co Common Stock USD.20.27%
Verizon Communications Inc Common Stock USD.10.26%
Travelers Cos Inc/The Common Stock0.26%
Morgan Stanley Common Stock USD.010.26%
General Motors Co Common Stock USD.010.24%
Csx Corp Common Stock USD1.00.23%
Royal Caribbean Cruises Ltd Common Stock USD.010.23%
Oracle Corp Common Stock USD.010.23%
Eog Resources Inc Common Stock USD.010.21%
At+t Inc Common Stock USD1.00.20%
Lockheed Martin Corp Common Stock USD1.00.20%
Target Corp Common Stock USD.08330.20%
United Rentals Inc Common Stock USD.010.20%
Ross Stores Inc Common Stock USD.010.19%
Delta Air Lines Inc Common Stock USD.00010.19%
Phillips 66 Common Stock0.19%
Bank of New York Mellon Corp Common Stock0.19%
Walt Disney Co/The Common Stock USD.010.18%
Kroger Co Common Stock USD1.00.18%
Automatic Data Processing Common Stock USD.10.18%
Abbott Laboratories Common Stock0.17%
Allstate Corp Common Stock USD.010.17%
Corning Inc Common Stock USD.50.17%
Capital One Financial Corp Common Stock USD.010.17%
Devon Energy Corp Common Stock USD.10.17%
Slb Ltd Common Stock USD.010.17%
Ebay Inc Common Stock USD.0010.16%
Cheniere Energy Inc Common Stock USD.0030.16%
Moderna Inc Common Stock USD.00010.16%
Comcast Corp Class A Common Stock USD.010.16%
Schwab (Charles) Corp Common Stock USD.010.16%
Illinois Tool Works Common Stock USD.010.16%
Metlife Inc Common Stock USD.010.15%

Weight gaps

The 100 widest of 104 Holdings in both funds.

Holding weights in BRCE and DFAC, widest gap first
Holding	Gap	BRCE	DFAC
NVIDIA CorpNVDA	BRCE +3.40 points	8.32%	4.92%
Apple IncAAPL	BRCE +1.91 points	7.81%	5.90%
Mastercardinc AMA	BRCE +1.74 points	2.45%	0.71%
Amazon.comincAMZN	BRCE +1.60 points	4.31%	2.71%
Pfizer IncPFE	BRCE +1.59 points	1.76%	0.17%
Philip Morris InternationalPM	BRCE +1.55 points	1.68%	0.13%
SalesforceincCRM	BRCE +1.54 points	1.67%	0.13%
Valero Energy CorpVLO	BRCE +1.51 points	1.70%	0.19%
Northern Trust CorpNTRS	BRCE +1.47 points	1.57%	0.10%
Colgate Palmolive CoCL	BRCE +1.41 points	1.53%	0.12%
Monster Beverage CorpMNST	BRCE +1.37 points	1.50%	0.13%
Ge VernovaincGEV	BRCE +1.36 points	1.49%	0.13%
Alphabet Inc Class AGOOGL	BRCE +1.32 points	2.74%	1.42%
General Dynamics CorpGD	BRCE +1.29 points	1.39%	0.10%
Johnson +johnsonJNJ	BRCE +1.30 points	2.22%	0.92%
The CignagroupCI	BRCE +1.28 points	1.43%	0.15%
Visa Inc Class A SharesV	BRCE +1.25 points	2.01%	0.76%
CitigroupincC	BRCE +1.17 points	1.40%	0.23%
Broadcom IncAVGO	BRCE +1.17 points	2.23%	1.06%
Arista Networks IncANET	BRCE +1.14 points	1.20%	0.06%
Edison InternationalEIX	BRCE +1.14 points	1.17%	0.03%
Palantir Technologies Inc APLTR	BRCE +1.05 points	1.16%	0.11%
Union Pacific CorpUNP	BRCE +1.03 points	1.30%	0.27%
Trane Technologies PLCTT	BRCE +1.02 points	1.11%	0.09%
P G & E CorpPCG	BRCE +1.01 points	1.04%	0.03%
Gilead Sciences IncGILD	BRCE +1.00 points	1.31%	0.31%
Autodesk IncADSK	BRCE +1.00 points	1.07%	0.07%
Dexcom IncDXCM	BRCE +0.95 points	1.01%	0.06%
Equitableholdings IncEQH	BRCE +0.94 points	1.00%	0.06%
JPMorgan Chase & CoJPM	DFAC +0.82 points	0.32%	1.14%
Tjx Companies IncTJX	BRCE +0.81 points	1.01%	0.20%
AramarkARMK	BRCE +0.77 points	0.82%	0.05%
Micron Technology IncMU	BRCE +0.77 points	1.65%	0.88%
Exxonmobilholdings CorpXOM	DFAC +0.76 points	0.12%	0.88%
Popular IncBPOP	BRCE +0.73 points	0.78%	0.05%
Eli Lilly+ CoLLY	DFAC +0.68 points	0.60%	1.28%
Bristol Myers Squibb CoBMY	BRCE +0.68 points	0.86%	0.18%
Alphabet Inc Class CGOOG	BRCE +0.63 points	1.59%	0.96%
Advanced Micro DevicesAMD	BRCE +0.63 points	0.80%	0.17%
Amphenol Corp Class AAPH	BRCE +0.62 points	0.77%	0.15%
Ameriprisefinancial IncAMP	BRCE +0.61 points	0.75%	0.14%
MicrosoftcorpMSFT	BRCE +0.56 points	5.54%	4.98%
Lam Research CorpLRCX	BRCE +0.54 points	0.68%	0.14%
Bank of America CorpBAC	BRCE +0.47 points	0.82%	0.35%
Jacobs Solutions IncJ	BRCE +0.43 points	0.48%	0.05%
SnowflakeincSNOW	BRCE +0.42 points	0.45%	0.03%
Netflix IncNFLX	BRCE +0.42 points	0.59%	0.17%
Tko Groupholdings IncTKO	BRCE +0.41 points	0.43%	0.02%
O Reilly Automotive IncORLY	BRCE +0.41 points	0.46%	0.05%
Berkshirehathaway Inc Class BBRK.B	DFAC +0.40 points	0.46%	0.86%
Comfort Systems Usa IncFIX	BRCE +0.40 points	0.48%	0.08%
MaplebearincCART	BRCE +0.37 points	0.42%	0.05%
Echostar Corp AECHO	BRCE +0.33 points	0.34%	<0.01%
Thermo Fisher Scientific IncTMO	BRCE +0.32 points	0.49%	0.17%
Chubb LtdCB	BRCE +0.33 points	0.47%	0.14%
Spotify Technology SASPOT	BRCE +0.31 points	0.34%	0.03%
Humana IncHUM	BRCE +0.32 points	0.41%	0.09%
Marathon Petroleum CorpMPC	BRCE +0.31 points	0.53%	0.22%
Fedex CorpFDX	BRCE +0.29 points	0.45%	0.16%
Kla CorpKLAC	BRCE +0.28 points	0.49%	0.21%
TechnipfmcplcFTI	BRCE +0.27 points	0.36%	0.09%
Chevron CorpCVX	DFAC +0.26 points	0.41%	0.67%
Tesla IncTSLA	BRCE +0.26 points	0.49%	0.23%
Zoom Communications IncZM	BRCE +0.25 points	0.31%	0.06%
Godaddy Inc Class AGDDY	BRCE +0.25 points	0.27%	0.02%
Costco Wholesale CorpCOST	DFAC +0.24 points	0.12%	0.36%
Smurfit Westrock PLCSW	BRCE +0.23 points	0.29%	0.06%
Pepsico IncPEP	DFAC +0.23 points	0.06%	0.29%
Airbnb Incclass AABNB	BRCE +0.22 points	0.26%	0.04%
Sandisk CorpSNDK	BRCE +0.21 points	0.35%	0.14%
Cme GroupincCME	BRCE +0.21 points	0.28%	0.07%
Seagate Technology HoldingsSTX	BRCE +0.20 points	0.31%	0.11%
Freeport Mcmoran IncFCX	BRCE +0.19 points	0.31%	0.12%
Meta Platforms Inc Class AMETA	BRCE +0.19 points	2.11%	1.92%
Dollar General CorpDG	BRCE +0.19 points	0.29%	0.10%
AbbVie IncABBV	BRCE +0.18 points	0.66%	0.48%
Costar Group IncCSGP	BRCE +0.18 points	0.19%	0.01%
Uber Technologies IncUBER	BRCE +0.17 points	0.25%	0.08%
Pnc Financial Services GroupPNC	BRCE +0.15 points	0.24%	0.09%
Curtiss Wright CorpCW	BRCE +0.15 points	0.18%	0.03%
Crh PLCCRH	BRCE +0.14 points	0.24%	0.10%
Umb Financial CorpUMBF	BRCE +0.14 points	0.19%	0.05%
Textron IncTXT	BRCE +0.13 points	0.17%	0.04%
Centene CorpCNC	BRCE +0.13 points	0.18%	0.05%
AlbemarlecorpALB	BRCE +0.11 points	0.14%	0.03%
Atmos Energy CorpATO	BRCE +0.10 points	0.14%	0.04%
Datadog Inc Class ADDOG	BRCE +0.09 points	0.12%	0.03%
Newmont CorpNEM	BRCE +0.10 points	0.34%	0.24%
Draftkingsinc Class ADKNG	BRCE +0.09 points	0.09%	<0.01%
Biogen IncBIIB	BRCE +0.08 points	0.13%	0.05%
Rtx CorpRTX	DFAC +0.08 points	0.21%	0.29%
Qualcomm IncQCOM	DFAC +0.07 points	0.24%	0.30%
Verisk Analytics IncVRSK	BRCE +0.06 points	0.11%	0.05%
Intel CorpINTC	DFAC +0.05 points	0.11%	0.16%
ConocophillipsCOP	DFAC +0.04 points	0.31%	0.35%
Vertex Pharmaceuticals IncVRTX	DFAC +0.05 points	0.06%	0.11%
Cognizanttech Solutions ACTSH	BRCE +0.04 points	0.10%	0.06%
T Mobile Us IncTMUS	DFAC +0.04 points	0.09%	0.13%
Raymond James Financial IncRJF	BRCE +0.04 points	0.11%	0.07%
Ford MotorcoF	BRCE +0.04 points	0.16%	0.12%

All BRCE 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.

BRCE vs DFAC Cost

Overpaying BRCE vs DFAC

$1,413

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

BRCE 0.24%
$4,959
DFAC 0.17%
$3,546

Amount$10,000

Years30 years

Cost over time

BRCE 0.24%
DFAC 0.17%
Overpaying

Year by year

Year	BRCE	DFAC	Overpaying
10	$437	$310	$127
20	$1,699	$1,211	$488
30	$4,959	$3,546	$1,413

Expense ratio

0.24%BRCE
0.17%DFAC, cheaper

DFAC0.17%BRCE0.24%

0.00%2.89%

Middle half of US Active Equity funds
Median 0.68%

DFAC 8th cheapest of 121 funds

BRCE 15th cheapest of 121 funds

BRCE vs DFAC Dividends

Last 12 months to Nov 9, 2026

Yield (12M): BRCE No data; DFAC 0.88%
Payout (12M): BRCE No data; DFAC $0.39
Last payment: BRCE $0.06; DFAC $0.10
Ex-dividend: BRCE Sep 24, 2026; DFAC Sep 22, 2026
Paid on: BRCE Sep 25, 2026; DFAC Sep 24, 2026
Frequency: BRCE Quarterly; DFAC Quarterly

Distribution history

Per share, 2021 to 2026, same scale for both

BRCEQuarterly · 4 paymentsAll BRCE payments⁠

DFACQuarterly · 22 paymentsAll DFAC payments⁠

BRCE vs DFAC Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: BRCE 12.6%since Nov 2025DFAC 12.6%
Return per unit of riskSharpe ratio, 3 years: BRCE 0.88since Nov 2025DFAC 1.32
Worst fallMax drawdown, 5 years: BRCE −8.8%since Oct 2025DFAC −23.1%
Market sensitivityBeta, 5 years: BRCE 0.91DFAC 0.99; Market = 1

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