DCOR vs USMF

DCORAU.S. Core Equity 1 Portfolio ETF Class Shares

USMFBWisdomTree U.S. Multifactor Fund

In short

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.

USMF Most factor funds pick a lane: value, or growth, or dividends. USMF scores U.S. companies on value, quality, momentum and WisdomTree's own TAPE signal at once, then keeps only the roughly 200 that rank highest. One screen, four opinions.

Stated mandate

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.

USMF The fund seeks to track, before fees and expenses, the price and yield performance of the WisdomTree U.S. Multifactor Index. That index generally selects 200 U.S. companies with the highest composite scores across value, quality, momentum and WisdomTree TAPE.

Why people hold it

• 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.

• USMF Four signals in one wrapper: value, quality, momentum and WisdomTree's TAPE score combine into a composite, and only the top-ranked names make the portfolio.
• 0.28% a year, below the typical fee in its factor peer group, which is unusual for a strategy running this much screening.
• Roughly 200 holdings, so the screen actually shapes the portfolio instead of getting diluted across a thousand-stock benchmark. Distributions come quarterly.
• Trading since 2017, so the multifactor blend has a live record across several market regimes rather than a backtest.

Worth knowing

• 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.

• USMF Cheap for a multifactor fund, not cheap outright: single-lane peers like VYM and IUSG charge 0.04%. The composite screen is what the extra buys.
• Volume is light next to the index heavyweights in its category, so spreads can widen when markets move fast.
• WisdomTree designs the index it tracks, and no peer fund follows the same benchmark, so there is no side-by-side clone to price-check against.

Full DCOR profile⁠

Full USMF profile⁠