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DFAC vs FEAC

Dimensional US Core Equity 2 ETF

DFACANYSE Arca

Fidelity Enhanced U.S. All-Cap Equity ETF

FEACANYSE Arca

Overlap

Expense ratio

DFAC −0.01pt a year

DFAC0.17%FEAC0.18%

Avg volume · 30D

DFAC 186.0×the volume

DFAC2MFEAC10.8K

DFAC vs FEAC Performance

Oct 31, 2025 – Nov 2, 2026

+15.9%DFAC+13.3%FEAC

Oct 31, 2025 to Nov 2, 2026. DFAC +15.9%. FEAC +13.3%. Use the arrow keys to read each point.0%5%10%20%Oct 2025May 2026Nov 2026
Expense ratio
DFAC 0.17%, better
FEAC 0.18%
Fund size
DFAC $87.6B
FEAC $16M
1Y total return
DFAC +15.9%, better
FEAC +13.3%
Yield (12M)
DFAC 0.88%, better
FEAC 0.84%
Holdings
DFAC 2550
FEAC 414
Avg volume (30D)
DFAC 2M sh, better
FEAC 10.8K sh
NAV per share
DFAC $44.79
FEAC $32.50
52W range

ETF.net Grade

DFAC: Cost 94, Risk 66, Mission 100, Tradability 86, Holdings 87, Durability 97. FEAC: Cost 94, Risk 62, Mission not scored, Tradability 50, Holdings 80, Durability 38.
Pillar letters and Scores for DFAC, FEAC, with each pillar’s weight
PillarDFACFEAC
Cost30% weightA94A94
Mission25% weightA100Not scored
Risk15% weightB66HigherB62
Tradability15% weightA86HigherC50
Holdings10% weightA87HigherA80
Durability5% weightA97HigherD38

Rank among US Active Equity funds

Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. DFAC and FEAC 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 ›

DFAC ranks 3rd and FEAC 16th of 121 funds in the US Active Equity Category.

  1. Rank 1AAVLCAvantis U.S. Large Cap Equity ETFScore 87
  2. Rank 2ADFAUDimensional US Core Equity Market ETFScore 86
  3. Rank 3ADFACDimensional US Core Equity 2 ETFScore 85
  4. Rank 4ADYNFiShares U.S. Equity Factor Rotation Active ETFScore 83
  5. Rank 16ACGUSCapital Group Core Equity ETFScore 72
  6. Rank 16AFEACFidelity Enhanced U.S. All-Cap Equity ETFScore 72
  7. Rank 16AMODLVictoryShares WestEnd U.S. Sector ETFScore 72

Our read on each fund

ETF.net Research

DFACADimensional US Core Equity 2 ETF

FEACAFidelity Enhanced U.S. All-Cap 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.

FEAC No data

Stated mandate

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

FEAC No data

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.

FEAC No data

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.

FEAC No data

Full DFAC profile⁠

Full FEAC profile⁠

DFAC vs FEAC 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.

DFAC vs FEAC Cost

Overpaying FEAC vs DFAC

$203

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

  • DFAC 0.17%

    $3,546

  • FEAC 0.18%

    $3,749

$10,000
30 years

Cost over time

  • DFAC 0.17%
  • FEAC 0.18%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$1K$2K$3K$4K051015202530FEAC $3,749DFAC $3,546

Year by year

YearDFACFEACOverpaying
10$310$328$18
20$1,211$1,281$70
30$3,546$3,749$203

Expense ratio

  • 0.17%DFAC, cheaper
  • 0.18%FEAC
  • Middle half of US Active Equity funds
  • Median 0.68%

DFAC 8th cheapest of 121 funds

FEAC 9th cheapest of 121 funds

DFAC vs FEAC Dividends

Last 12 months to Nov 2, 2026
Yield (12M)
DFAC 0.88%, better
FEAC 0.84%
Payout (12M)
DFAC $0.39
FEAC $0.27
Last payment
DFAC $0.10
FEAC $0.08
Ex-dividend
DFAC Sep 22, 2026
FEAC Sep 18, 2026
Paid on
DFAC Sep 24, 2026
FEAC Sep 22, 2026
Frequency
DFAC Quarterly
FEAC Quarterly

Distribution history

Per share, 2021 to 2026, same scale for both

DFACQuarterly · 22 paymentsAll DFAC payments⁠
One bar per payment. 22 payments from 2021 to 2026 YTD. Jun 22, 2021 $0.06; Sep 21, 2021 $0.08; Dec 16, 2021 $0.11; Mar 22, 2022 $0.06; Jun 22, 2022 $0.09; Sep 20, 2022 $0.09; Dec 20, 2022 $0.12; Mar 21, 2023 $0.06; Jun 21, 2023 $0.09; Sep 19, 2023 $0.10; Dec 19, 2023 $0.10; Mar 19, 2024 $0.07; Jun 18, 2024 $0.10; Sep 17, 2024 $0.09; Dec 17, 2024 $0.10; Mar 25, 2025 $0.08; Jun 24, 2025 $0.11; Sep 23, 2025 $0.11; Dec 16, 2025 $0.09; Mar 24, 2026 $0.10; Jun 23, 2026 $0.11; Sep 22, 2026 $0.10. Use the arrow keys to read each point.$0$0.1020232026YTD
FEACQuarterly · 8 paymentsAll FEAC payments⁠
One bar per payment. 8 payments from 2021 to 2026 YTD. Dec 30, 2024 $0.004; Mar 21, 2025 $0.07; Jun 20, 2025 $0.08; Sep 19, 2025 $0.06; Dec 19, 2025 $0.06; Mar 20, 2026 $0.08; Jun 18, 2026 $0.05; Sep 18, 2026 $0.08. Use the arrow keys to read each point.$0$0.1020232026YTD

DFAC vs FEAC Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
DFAC 12.6%FEAC 12.6%since Dec 2024Same figure. Both funds show the same value, so neither comes out ahead.
Return per unit of riskSharpe ratio, 3 years
DFAC 1.32FEAC 0.78since Dec 2024
Worst fallMax drawdown, 5 years
DFAC −23.1%FEAC −19.0%since Nov 2024
Market sensitivityBeta, 5 years
DFAC 0.99FEAC 1.01

DFAC and FEAC in the news

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