DFAC vs GOP

DFACADimensional US Core Equity 2 ETF

GOPCSubversive Congressional Republicans Trading 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.

GOP Congress trades stocks; this fund copies the Republican half of the ledger, buying and selling what sitting Republican members and their families disclose under the STOCK Act, tilted toward the names they buy big, often, and in groups.

Stated mandate

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

GOP The Fund seeks long-term capital appreciation.

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.

• GOP A clean split of the data: the Republican side of the congressional-disclosure trade, with a sibling fund running the Democratic side.sec.govsec.gov 2
• Weighting follows conviction. Large, repeat and multi-member purchases get overweighted; small or one-off trades are underweighted or skipped.sec.gov
• The portfolio stays tight to the mandate it advertises, and the fund sits in the upper half of its active US equity peer group.
• At 0.73% with no fee waiver in place, the price tag lands near the median for active US equity funds.

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.

• GOP The lag is structural: members have up to 45 days to file a transaction report, so the fund trades after the disclosure, not alongside it.sec.gov
• Near the category median still means several times the cost of broad active core peers like DFAU (0.12%) and AVLC (0.15%).
• Smaller and thinly traded, so spreads can run wider than the category's giants. Distributions come once or twice a year; pre-2025 history sits under the old ticker, KRUZ.sec.gov

Full DFAC profile⁠

Full GOP profile⁠