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DFAC vs TIME

Dimensional US Core Equity 2 ETF

DFACANYSE Arca

Clockwise U.S. Core Equity ETF

TIMEDNYSE Arca

Overlap

Expense ratio

DFAC −0.79pt a year

DFAC0.17%TIME0.96%

Avg volume · 30D

DFAC 988.7×the volume

DFAC2MTIME2.03K

3Y return · a year

TIME +2.0pt

DFAC+22.3%TIME+24.3%

DFAC vs TIME Performance

Oct 31, 2025 – Oct 30, 2026

+16.1%DFAC+7.6%TIME

Oct 31, 2025 to Oct 30, 2026. DFAC +16.1%. TIME +7.6%. Use the arrow keys to read each point.−10%−5%0%20%Oct 2025Apr 2026Oct 2026
Expense ratio
DFAC 0.17%, better
TIME 0.96%
Fund size
DFAC $87.7B
TIME $15M
1Y total return
DFAC +16.1%, better
TIME +7.6%
Yield (12M)
DFAC 0.88%, better
TIME 0.70%
Holdings
DFAC 2553
TIME 64
Avg volume (30D)
DFAC 2M sh, better
TIME 2.03K sh
NAV per share
DFAC $44.87
TIME $26.73
52W range

ETF.net Grade

DFAC: Cost 94, Risk 66, Mission 100, Tradability 87, Holdings 87, Durability 97. TIME: Cost 18, Risk 36, Mission not scored, Tradability 40, Holdings 52, Durability 42.
Pillar letters and Scores for DFAC, TIME, with each pillar’s weight
PillarDFACTIME
Cost30% weightA94HigherF18
Mission25% weightA100Not scored
Risk15% weightB66HigherD36
Tradability15% weightA87HigherC40
Holdings10% weightA87HigherC52
Durability5% weightA97HigherC42

Rank among US Active Equity funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. DFAC and TIME 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 TIME 104th 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 104DSPITF/m Emerald Special Situations ETFScore 31
  6. Rank 104DTIMEClockwise U.S. Core Equity ETFScore 31
  7. Rank 108DKOOLNorth Shore Equity Rotation ETFScore 30

Our read on each fund

ETF.net Research

DFACADimensional US Core Equity 2 ETF

TIMEDClockwise U.S. Core 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.

TIME A hand-run book of about 30 US stocks that can duck into cash, short-term Treasurys, inverse ETFs or covered calls when the manager wants less volatility. Active pricing: 0.96% net of a waiver through December 29, 2026.

Stated mandate

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

TIME The Fund seeks long-term growth of capital.

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.
  • TIME Concentrated on purpose: about 30 US names, so each pick carries real weight instead of being diluted across hundreds of positions.
  • Defensive levers stay on the table. Cash, short-term Treasurys, inverse ETFs and covered calls are part of the toolkit, which plain core equity funds rarely touch.tradingview.com
  • Live since January 2022, so there is a multi-year record of real money under one adviser, not a backtest.
  • The adviser is absorbing part of the cost: 0.96% net versus 1.02% gross, with that waiver running through December 29, 2026.

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.
  • TIME Cost is the trade-off. 0.96% net of a waiver through December 29, 2026 (1.02% gross) is above the category median, next to systematic peers DFAU at 0.12% and AVLC at 0.15%.
  • A small fund that trades thinly: spreads can run wide and a sizable order can move the price on its own.
  • The mandate has moved. It launched in 2022 around 5G and innovation themes and was renamed to U.S. Core Equity at the end of 2025, so its history spans different strategies.tradingview.com

Full DFAC profile⁠

Full TIME profile⁠

DFAC vs TIME 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 TIME Cost

Overpaying TIME vs DFAC

$14,488

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

  • DFAC 0.17%

    $3,546

  • TIME 0.96%

    $18,034

$10,000
30 years

Cost over time

  • DFAC 0.17%
  • TIME 0.96%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530TIME $18,034DFAC $3,546

Year by year

YearDFACTIMEOverpaying
10$310$1,695$1,385
20$1,211$6,383$5,172
30$3,546$18,034$14,488

Expense ratio

  • 0.17%DFAC, cheaper
  • 0.96%TIME
  • Middle half of US Active Equity funds
  • Median 0.68%

DFAC 8th cheapest of 121 funds

TIME 99th cheapest of 121 funds

DFAC vs TIME Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
DFAC 0.88%, better
TIME 0.70%
Payout (12M)
DFAC $0.39
TIME $0.19
Last payment
DFAC $0.10
TIME $0.19
Ex-dividend
DFAC Sep 22, 2026
TIME Dec 22, 2025
Paid on
DFAC Sep 24, 2026
TIME Dec 23, 2025
Frequency
DFAC Quarterly
TIME Annual

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$520232026YTD
TIMEAnnual · 4 paymentsAll TIME payments⁠
One bar per payment. 4 payments from 2021 to 2026 YTD. Dec 27, 2023 $4.42; Dec 23, 2024 $3.94; Aug 28, 2025 $2.29; Dec 22, 2025 $0.19. Use the arrow keys to read each point.$0$520232026YTD

DFAC vs TIME 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%, betterTIME 18.8%
Return per unit of riskSharpe ratio, 3 years
DFAC 1.32, betterTIME 1.02
Worst fallMax drawdown, 5 years
DFAC −23.1%TIME −42.3%since Jan 2022
Market sensitivityBeta, 5 years
DFAC 0.99TIME 1.20

DFAC and TIME in the news

All news⁠

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