CCFE vs DYNF

CCFEFConcourse Capital Focused Equity ETF

DYNFAiShares U.S. Equity Factor Rotation Active ETF

In short

CCFE A 20-to-30-stock mid-cap book from a boutique sub-adviser, wrapped in an ETF. Concentrated, bottom-up, and priced like the active management it is at 0.96%.

DYNF Most factor funds make you pick a lane: value, momentum, quality. DYNF rotates across five styles instead, letting a factor model decide which one leads, and charges an index-fund-ish 0.26% to do it.

Stated mandate

CCFE The Fund seeks long-term capital appreciation through an actively managed equity portfolio, primarily consisting of mid-capitalization companies. The adviser applies bottom-up fundamental analysis and ranks companies using quality, valuation, and investment-thesis timing criteria.

DYNF The Fund seeks to outperform the U.S. equity market through diversified, tactical exposure to style factors using a factor rotation model.

Why people hold it

• CCFE Real concentration, not closet indexing: the prospectus targets roughly 20 to 30 companies, mostly mid-caps it defines as $2 billion to $25 billion in market value.etfarchitect.com
• The process is written down: bottom-up fundamental analysis ranking companies on quality, valuation and investment-thesis timing. You can hold the portfolio to that standard.etfarchitect.com
• Boutique stock picker, established plumbing: Concourse Capital Advisors sub-advises, with EA Advisers as adviser inside EA Series Trust and a Nasdaq listing.sec.gov

• DYNF Five style factors in one ticket (value, quality, momentum, growth, low volatility), reweighted by a rotation model rather than locked to a single tilt.
• 0.26% is well under half the median fee in its active US equity peer group, which is unusual pricing for a strategy with a human-supervised model behind it.
• A multi-billion-dollar fund and one of the more actively traded names in its category, so getting in and out rarely becomes the hard part. Pays quarterly.
• Running since 2019 under one of the biggest ETF shops, and it stands among the strongest overall implementations in the active US equity group we track.

Worth knowing

• CCFE At 0.96%, with no fee waiver in place, it costs above the typical fund in its active US equity category. Broad peers like DFAU (0.12%) and DFAC (0.17%) charge a fraction.
• Small and thinly traded, so the bid-ask spread is part of the cost of owning it, especially in size.
• Launched in 2025, so the record is short. And concentration cuts both ways: with 20 to 30 non-diversified positions, one holding can swing the whole fund.etfarchitect.com

• DYNF The yardstick isn't the S&P 500: it's a custom blend of 80% MSCI USA and 20% MSCI USA Minimum Volatility, so a low-vol tilt is baked into the benchmark itself.
• Active by design. The factor mix shifts, the book runs to a couple hundred stocks, and a rotation call can leave it out of step with a plain US market index fund.
• Cheap for active, not the cheapest shelf: systematic peers DFAU (0.12%), AVLC (0.15%), DFAC (0.17%) and FELC (0.18%) all undercut it on fee.

Full CCFE profile⁠

Full DYNF profile⁠