DFAC vs EAGL

DFACADimensional US Core Equity 2 ETF

EAGLCEagle Capital Select Equity ETF

In short

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.

EAGL Eagle Capital has run one strategy since 1988: own 20 to 35 undervalued businesses and hold them. EAGL is that boutique portfolio, opened up in an ETF wrapper in 2024.

Stated mandate

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

EAGL The Fund seeks to generate investment returns superior to U.S. equity markets.

Why people hold it

• 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.

• EAGL One firm, one strategy: Eagle Capital has run the same concentrated, valuation-driven approach since 1988, and in 2024 it put that portfolio into an exchange-traded wrapper.businesswire.com
• Concentration by design: generally 20 to 35 stocks chosen on valuation discount, resilience, growth opportunity and management quality, not on index weight.eaglecap.com
• It has grown into a multi-billion-dollar fund and sits near the top of its active US equity peer group for ease of trading.

Worth knowing

• 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.

• EAGL 0.81% a year runs above the typical active US equity ETF, and the systematic names at the top of this group (DFAU, AVLC, FELC) charge a fraction of that.
• Fewer than three dozen names means every pick carries weight. A single stock can move this fund in ways a broad index would shrug off.eaglecap.com
• The underlying approach is decades old, but the ETF itself launched in 2024, so fund-level history is still short. Income arrives once or twice a year, not monthly.

Full DFAC profile⁠

Full EAGL profile⁠