BRES vs DFAU: Grades, Fees and Holdings Compared

Burney U.S. Equity Select ETF

BRESDNasdaq

Dimensional US Core Equity Market ETF

DFAUANYSE Arca

Overlap

32.8%by weight

Expense ratio

DFAU −0.67pt a year

BRES0.79%DFAU0.12%

Avg volume · 30D

DFAU 43.0×the volume

BRES12.9KDFAU555K

BRES vs DFAU Performance

Jul 31, 2026 – Oct 30, 2026

−5.2%BRES+1.2%DFAU

Expense ratio: BRES 0.79%; DFAU 0.12%, better
Fund size: BRES $642M; DFAU $12.9B
1Y total return: BRES No data; DFAU +13.2%
Yield (12M): BRES No data; DFAU 0.90%
Holdings: BRES 68; DFAU 2165
Avg volume (30D): BRES 12.9K sh; DFAU 555K sh, better
NAV per share: BRES $25.40; DFAU $52.28
52W range

ETF.net Grade

Pillar letters and Scores for BRES, DFAU, with each pillar’s weight
Pillar	BRES	DFAU
Cost30% weight	D31	A97Higher
Mission25% weight	Not scored	A83
Risk15% weight	D38	B65Higher
Tradability15% weight	C42	A87Higher
Holdings10% weight	B59	A84Higher
Durability5% weight	B60	A91Higher

Rank among US Active Equity funds

How we build Categories ›

Same Category. BRES 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 BRES 81st 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 80CPRMRPeakShares RMR Prime Equity ETFScore 41
Rank 81DBRESBurney U.S. Equity Select ETFScore 40
Rank 81CCVARCultivar ETFScore 40

Our read on each fund

ETF.net Research

BRESDBurney U.S. Equity Select ETF

DFAUADimensional US Core Equity Market ETF

In short

BRES Burney has rated stocks on growth, value, profitability, quality and momentum since 1974. BRES puts that model in a plain core U.S. equity wrapper, with one odd twist: a digital-footprint signal built to flag revenue surprises early.

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

BRES The Fund seeks capital appreciation.

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

BRES The engine is old. Jack Burney built the stock-rating model in 1974, scoring growth, value, profitability, quality and momentum, and shifting emphasis as conditions change.burneyetfs.com
The overlay is new: a digital-footprint signal reads a company's online activity to anticipate revenue surprises before they land in reported earnings.burneyetfs.com
Legible mandate. Active picks from U.S.-listed common stocks of any market cap, plus equity ETFs, aimed at capital appreciation. No derivatives to decode.etfarchitect.com

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

BRES Fees run above the pack: 0.79% a year versus a 0.65% median for active U.S. equity funds, while peers like DFAU (0.12%) and AVLC (0.15%) charge a fraction.
Trading is thin for a U.S. stock fund, so bid-ask spreads can run wider than the household names. Check the spread before you place an order.
Launched in 2025, so its own live record is short. The model's longer run sits in Burney's separate accounts and its first ETF, BRNY, which dates to 2022.prnewswire.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 BRES profile⁠

Full DFAU profile⁠

BRES vs DFAU Holdings

How BRES and DFAU differ

Overlap by weight

32.8%

Shared holdings make up 93.3% of BRES and 34.9% of DFAU.

Level by level

Holdings60 in both32.8%
Countryby domicile97.4%
Asset classEquity100%

Sector

No Sector split for BRES.

Country, concentration and asset class

Country by domicile

Country weights in BRES and DFAU, widest gap first
Country	More in BRESMore in DFAU	BRES	DFAU
United States	DFAU +2.2 points	97.1%	99.3%
Canada	BRES +1.8 points	1.8%	0.0%
Other countries (10)	BRES +0.4 points	1.1%	0.7%

Concentration

Weight in the 10 largest Holdings

BRES43.7%
DFAU33.4%

Securities held

BRES68
DFAU2,164

Asset class

BRES: Equity
DFAU: Equity

Holdings

Only in BRES8
In both60
Only in DFAU2,104

Only in BRES

8 securities, 6.7% of BRES by weight

AerCap Holdings NV1.97%
Simon Property Group Inc1.07%
Omeros Corp0.85%
Glaukos Corp0.80%
Mirum Pharmaceuticals Inc0.77%
Coca-Cola Europacific Partners PLC0.60%
Barrick Mining Corp0.43%
First American Government Obligations Fund 12/01/20310.18%

Only in DFAU

2,104 securities, 65.0% of DFAU by weight

Broadcom Inc2.04%
Alphabet Inc1.76%
Eli Lilly and Company1.45%
Tesla Inc1.35%
JPMorgan Chase & Co1.21%
Berkshire Hathaway Cl-B1.15%
Exxonmobil Holdings Corp1.07%
Visa Inc0.96%
Johnson & Johnson0.78%
Mastercard Inc - A0.69%
Walmart Inc.0.68%
AbbVie Inc.0.61%
Chevron Corp.0.56%
Cisco Systems Inc.0.54%
Merck & Company Inc0.53%
Procter & Gamble Co/The0.52%
Coca Cola Co.0.46%
Home Depot Inc0.46%
UnitedHealth Group Inc.0.40%
Bank of America Corp0.39%
Applied Materials Inc.0.39%
Oracle Corp.0.38%
General Electric Company0.38%
Philip Morris Intl0.37%
Amgen Inc0.36%
International Business Ma0.36%
Lam Research Corp0.36%
Caterpillar Inc.0.35%
Wells Fargo & Co.0.34%
New Linde PLC0.30%
Gilead Sciences Inc0.30%
Qualcomm Inc.0.29%
Morgan Stanley0.29%
Kla Corp0.29%
Conocophillips0.28%
Thermo Fisher Scientific.0.27%
Sandisk Corp/De0.27%
American Express Co.0.26%
Union Pac Corp.0.25%
Pepsico Inc.0.25%
Amphenol Corp Class A0.25%
Netflix.com Inc.0.24%
Salesforce Inc0.24%
Western Digital0.24%
Walt Disney Co/The0.22%
Seagate Technology Hold0.21%
Mcdonald's Corp.0.21%
Arista Networks Inc0.21%
Bristol-Myers Squibb Co.0.21%
Tjx Companies Inc.0.20%

Weight gaps

All 60 Holdings in both funds, largest gap first.

Holding weights in BRES and DFAU, widest gap first
Holding	More in BRESMore in DFAU	BRES	DFAU
Alphabet IncGOOGL	BRES +4.71 points	6.85%	2.14%
Costco Wholesale CorpCOST	BRES +2.16 points	2.64%	0.48%
Apple IncAAPL	DFAU +2.08 points	5.02%	7.10%
RTX CorpRTX	BRES +2.05 points	2.36%	0.31%
EOG Resources IncEOG	BRES +2.02 points	2.21%	0.19%
Expeditors International of Washington IncEXPD	BRES +2.00 points	2.05%	0.05%
IDEX CorpIEX	BRES +1.98 points	2.01%	0.03%
Ralph Lauren CorpRL	BRES +1.97 points	2.00%	0.03%
Target CorpTGT	BRES +1.90 points	2.05%	0.15%
Allstate Corp/TheALL	BRES +1.84 points	1.99%	0.15%
Kennametal IncKMT	BRES +1.71 points	1.72%	<0.01%
Expedia Group IncEXPE	BRES +1.71 points	1.77%	0.06%
Citigroup IncC	BRES +1.67 points	1.91%	0.24%
Halozyme Therapeutics IncHALO	BRES +1.66 points	1.69%	0.03%
Analog Devices IncADI	BRES +1.49 points	1.73%	0.24%
NVIDIA CorpNVDA	BRES +1.46 points	8.25%	6.79%
Microsoft CorpMSFT	BRES +1.44 points	7.06%	5.62%
Micron Technology IncMU	BRES +1.43 points	3.05%	1.62%
Wintrust Financial CorpWTFC	BRES +1.42 points	1.44%	0.02%
Verizon Communications IncVZ	BRES +1.36 points	1.66%	0.30%
CareDx IncCDNA	BRES +1.25 points	1.26%	<0.01%
Fortinet IncFTNT	BRES +1.24 points	1.36%	0.12%
Genco Shipping & Trading LtdGNK	BRES +1.20 points	1.20%	<0.01%
Datadog IncDDOG	BRES +1.09 points	1.17%	0.08%
Pinnacle West Capital CorpPNW	BRES +0.99 points	1.01%	0.02%
ACADIA Pharmaceuticals IncACAD	BRES +0.98 points	0.99%	<0.01%
Amazon.com IncAMZN	BRES +0.93 points	4.07%	3.14%
Tapestry IncTPR	BRES +0.85 points	0.89%	0.04%
Sysco CorpSYY	BRES +0.84 points	0.91%	0.07%
Veeva Systems IncVEEV	BRES +0.82 points	0.88%	0.06%
Palantir Technologies IncPLTR	BRES +0.76 points	1.16%	0.40%
Cathay General BancorpCATY	BRES +0.72 points	0.73%	<0.01%
Best Buy Co IncBBY	BRES +0.66 points	0.71%	0.05%
Progressive Corp/ThePGR	BRES +0.65 points	0.83%	0.18%
Northern Trust CorpNTRS	BRES +0.62 points	0.68%	0.06%
General Motors CoGM	BRES +0.58 points	0.75%	0.17%
Brinker International IncEAT	BRES +0.57 points	0.59%	0.02%
Valero Energy CorpVLO	BRES +0.57 points	0.74%	0.17%
Flotek Industries IncFTK	BRES +0.57 points	0.57%	<0.01%
Chord Energy CorpCHRD	BRES +0.54 points	0.56%	0.02%
Dollar General CorpDG	BRES +0.55 points	0.60%	0.05%
MongoDB IncMDB	BRES +0.55 points	0.59%	0.04%
Wolverine World Wide IncWWW	BRES +0.54 points	0.54%	<0.01%
Virtu Financial IncVIRT	BRES +0.52 points	0.53%	<0.01%
Paylocity Holding CorpPCTY	BRES +0.50 points	0.51%	<0.01%
Cinemark Holdings IncCNK	BRES +0.50 points	0.51%	0.01%
Bread Financial Holdings IncBFH	BRES +0.49 points	0.50%	<0.01%
MSC Industrial Direct Co IncMSM	BRES +0.49 points	0.50%	0.01%
Astronics CorpATRO	BRES +0.45 points	0.45%	<0.01%
Quanta Services IncPWR	BRES +0.43 points	0.52%	0.09%
Novocure LtdNVCR	BRES +0.40 points	0.40%	<0.01%
StoneX Group IncSNEX	BRES +0.37 points	0.38%	0.01%
Marvell Technology IncMRVL	BRES +0.36 points	0.48%	0.12%
Meta Platforms IncMETA	BRES +0.36 points	2.14%	1.78%
Goldman Sachs Group Inc/TheGS	BRES +0.36 points	0.71%	0.35%
Advanced Micro Devices IncAMD	BRES +0.32 points	1.34%	1.02%
Newmont CorpNEM	BRES +0.30 points	0.48%	0.18%
Capital One Financial CorpCOF	BRES +0.25 points	0.40%	0.15%
Intel CorpINTC	BRES +0.23 points	0.71%	0.48%
Texas Instruments IncTXN	BRES +0.13 points	0.49%	0.36%

All BRES 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.

BRES vs DFAU Cost

Overpaying BRES vs DFAU

$12,654

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

BRES 0.79%
$15,174
DFAU 0.12%
$2,520

Amount$10,000

Years30 years

Cost over time

BRES 0.79%
DFAU 0.12%
Overpaying

Year by year

Year	BRES	DFAU	Overpaying
10	$1,405	$220	$1,185
20	$5,331	$859	$4,472
30	$15,174	$2,520	$12,654

Expense ratio

0.79%BRES
0.12%DFAU, cheaper

DFAU0.12%BRES0.79%

0.00%2.89%

Middle half of US Active Equity funds
Median 0.68%

DFAU 4th cheapest of 121 funds

BRES 82nd cheapest of 121 funds

BRES vs DFAU Dividends

Last 12 months to Oct 30, 2026

Yield (12M): BRES No data; DFAU 0.90%
Payout (12M): BRES No data; DFAU $0.47
Last payment: BRES $0.04; DFAU $0.12
Ex-dividend: BRES Mar 30, 2026; DFAU Sep 22, 2026
Paid on: BRES Mar 31, 2026; DFAU Sep 24, 2026
Frequency: BRES Irregular; DFAU Quarterly

Distribution history

Per share, 2020 to 2026, same scale for both

BRESIrregular · 1 paymentAll BRES payments⁠

DFAUQuarterly · 24 paymentsAll DFAU payments⁠

BRES vs DFAU Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: BRES No dataDFAU 12.4%
Return per unit of riskSharpe ratio, 3 years: BRES No dataDFAU 1.38
Worst fallMax drawdown, 5 years: BRES No dataDFAU −23.6%
Market sensitivityBeta, 5 years: BRES 0.88DFAU 1.01; Market = 1

Popular comparisons

BRESDvsAVLCA
Burney U.S. Equity Select ETF · Avantis U.S. Large Cap Equity ETF
Expense ratio
0.79% · 0.15%
Category
DFAUAvsAVLCA
Dimensional US Core Equity Market ETF · Avantis U.S. Large Cap Equity ETF
Expense ratio
0.12% · 0.15%
Category
BRESDvsDFACA
Burney U.S. Equity Select ETF · Dimensional US Core Equity 2 ETF
Expense ratio
0.79% · 0.17%
Category
DFAUAvsDFACA
Dimensional US Core Equity Market ETF · Dimensional US Core Equity 2 ETF
Expense ratio
0.12% · 0.17%
Category
BRESDvsDYNFA
Burney U.S. Equity Select ETF · iShares U.S. Equity Factor Rotation Active ETF
Expense ratio
0.79% · 0.26%
Category
DFAUAvsDYNFA
Dimensional US Core Equity Market ETF · iShares U.S. Equity Factor Rotation Active ETF
Expense ratio
0.12% · 0.26%
Category