COWS vs DCOR

COWSBAmplify Cash Flow Dividend Leaders ETF

DCORAU.S. Core Equity 1 Portfolio ETF Class Shares

In short

COWS Lots of funds hunt cash cows. COWS wants proof: positive forward and trailing free cash flow yield, plus three straight years of dividend growth. Monthly payouts, 0.19% net of a waiver through January 28, 2027.

DCOR Index-fund breadth with an active steering wheel: roughly 2,300 US stocks weighted toward smaller, cheaper, more profitable companies, for 0.14% a year. Dimensional's long-running core equity playbook, in an ETF since 2023.

Stated mandate

COWS The Fund seeks long-term capital appreciation and monthly income by generally tracking the Kelly US Cash Flow Dividend Leaders Index.

DCOR The fund seeks long-term capital appreciation through a broadly diversified portfolio of U.S. equities. Its approach combines portfolio design, research, management, and trading while emphasizing long-term expected-return drivers.

Why people hold it

• COWS The screen looks forward, not just back: both trailing and analyst-estimated forward free cash flow yield must be positive, then three consecutive years of dividend growth.amplifyetfs.com
• 0.19% net of a waiver through January 28, 2027 (0.39% gross) sits below the category median fee, and the fund ranks in the upper half of a crowded multifactor group.
• Equity income paid monthly, no options overlay or bond sleeve. Amplify estimates annual income and pays it in installments.amplifyetfs.com
• Modified equal weight across 40 to 50 mid- and large-cap names, rebalanced quarterly, so no single cash cow runs the herd.amplifyetfs.comamplifyetfs.com 2

• DCOR 0.14% a year, well under half the typical fee among US multifactor peers.
• Roughly 2,300 holdings makes this a whole-market core position, not a factor slice, with the smaller-cap, value and profitability tilts built into the weights.
• What the prospectus advertises is what the portfolio holds: broad US equity, tilted to cheaper and more profitable names. One of the tightest mandate fits in its peer group.

Worth knowing

• COWS Monthly checks are estimated ahead of time, so part of a payment can be return of capital: your own money coming back, as the fund discloses.amplifyetfs.com
• Plain-vanilla rivals cost less: VYM charges 0.04% and VONV 0.06% for broad dividend and value exposure, with no waiver propping up the number.
• A small fund that trades lightly, so spreads run wider than mega-cap staples. The index is proprietary to Kelly Indexes, an affiliate of the fund's sub-adviser.amplifyetfs.com

• DCOR Actively managed with no index to replicate, so the holdings rest on Dimensional's judgment and turnover can run higher than an index fund's.sec.gov
• The 0.14% is net of a contractual fee waiver; the gross fee in the prospectus is higher, and the waiver runs on a renewable term.sec.gov
• Moderately traded rather than a volume monster, so spreads can be wider than at the biggest names in the category.

Full COWS profile⁠

Full DCOR profile⁠