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DFAC vs WBIL

Dimensional US Core Equity 2 ETF

DFACANYSE Arca

WBI BullBear Quality 3000 ETF

WBILDNYSE Arca

Overlap

Expense ratio

DFAC −1.53pt a year

DFAC0.17%WBIL1.70%

Avg volume · 30D

DFAC 549.5×the volume

DFAC2MWBIL3.65K

5Y return · a year

DFAC +5.7pt

DFAC+11.1%WBIL+5.4%

DFAC vs WBIL Performance

Oct 29, 2021 – Oct 30, 2026

+69.4%DFAC+30.1%WBIL

Oct 29, 2021 to Oct 30, 2026. DFAC +69.4%. WBIL +30.1%. Use the arrow keys to read each point.−20%0%Oct 2021Apr 2024Oct 2026
Expense ratio
DFAC 0.17%, better
WBIL 1.70%
Fund size
DFAC $87.7B
WBIL $29M
1Y total return
DFAC +16.1%, better
WBIL +11.0%
Yield (12M)
DFAC 0.88%, better
WBIL 0.04%
Holdings
DFAC 2553
WBIL 52
Avg volume (30D)
DFAC 2M sh, better
WBIL 3.65K sh
NAV per share
DFAC $44.87
WBIL $39.05
52W range

ETF.net Grade

DFAC: Cost 94, Risk 66, Mission 100, Tradability 87, Holdings 87, Durability 97. WBIL: Cost 3, Risk 34, Mission 70, Tradability 57, Holdings 76, Durability 55.
Pillar letters and Scores for DFAC, WBIL, with each pillar’s weight
PillarDFACWBIL
Cost30% weightA94HigherF3
Mission25% weightA100HigherA70
Risk15% weightB66HigherD34
Tradability15% weightA87HigherB57
Holdings10% weightA87HigherA76
Durability5% weightA97HigherB55

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 WBIL 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 WBIL 98th 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 98DTEXXHorizon Kinetics Texas ETFScore 33
  6. Rank 98DWBILWBI BullBear Quality 3000 ETFScore 33
  7. Rank 103DPLGIPL Growth and Income ETFScore 32

Our read on each fund

ETF.net Research

DFACADimensional US Core Equity 2 ETF

WBILDWBI BullBear Quality 3000 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.

WBIL Most equity funds ride the drop out. WBIL is built to sell into it: nightly quality screens pick the names, a tightening trailing stop decides when they go, and cash counts as a position. An active, risk-managed spin on the Russell 3000 universe, priced accordingly.

Stated mandate

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

WBIL The Fund seeks long-term capital appreciation and potential current income while also seeking to protect principal during unfavorable market conditions.

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.
  • WBIL Stock picks come from nightly screens for quality fundamentals, reasonable value, positive revenue and earnings trends, and price momentum, not index weights.wbietfs.comwbietfs.com 2
  • Every holding gets a price goal and a stop allowance at purchase. The stop tightens as the stock climbs; if it is hit, the position is sold.wbietfs.com
  • Cash is a deliberate output. When the trend models flag risk, the process builds cash instead of staying fully invested.wbietfs.com
  • Running since 2014, from a manager that has used trend models for decades, so the discipline has been through real bear markets.wbishares.com

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.
  • WBIL At 1.45% a year, this is a premium price tag. Core active rivals like DFAU and FELC charge a small fraction of that.
  • Small asset base and light trading volume mean wider spreads and more price impact on large orders than a mainstream core fund.
  • Selling into weakness cuts both ways: stops can exit just before a rebound, and turnover runs high. Payouts come annually or semiannually, not quarterly.wbietfs.com

Full DFAC profile⁠

Full WBIL profile⁠

DFAC vs WBIL 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 WBIL Cost

Overpaying WBIL vs DFAC

$25,495

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

  • DFAC 0.17%

    $3,546

  • WBIL 1.70%

    $29,041

$10,000
30 years

Cost over time

  • DFAC 0.17%
  • WBIL 1.70%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$10K$20K$30K051015202530WBIL $29,041DFAC $3,546

Year by year

YearDFACWBILOverpaying
10$310$2,911$2,601
20$1,211$10,606$9,395
30$3,546$29,041$25,495

Expense ratio

  • 0.17%DFAC, cheaper
  • 1.70%WBIL
  • Middle half of US Active Equity funds
  • Median 0.68%

DFAC 8th cheapest of 121 funds

WBIL 117th cheapest of 121 funds

DFAC vs WBIL Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
DFAC 0.88%, better
WBIL 0.04%
Payout (12M)
DFAC $0.39
WBIL $0.02
Last payment
DFAC $0.10
WBIL $0.02
Ex-dividend
DFAC Sep 22, 2026
WBIL Dec 18, 2025
Paid on
DFAC Sep 24, 2026
WBIL Dec 19, 2025
Frequency
DFAC Quarterly
WBIL Irregular

Distribution history

Per share, 2017 to 2026, same scale for both

DFACQuarterly · 22 paymentsAll DFAC payments⁠
One bar per payment. 22 payments from 2017 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$0.502017202020232026YTD
WBILIrregular · 24 paymentsAll WBIL payments⁠
One bar per payment. 24 payments from 2017 to 2026 YTD. Mar 14, 2017 $0.04; Jun 27, 2017 $0.10; Sep 19, 2017 $0.04; Dec 28, 2017 $0.04; Mar 13, 2018 $0.04; Jun 26, 2018 $0.09; Sep 18, 2018 $0.05; Dec 28, 2018 $0.04; Mar 12, 2019 $0.06; Jun 25, 2019 $0.05; Sep 17, 2019 $0.03; Dec 30, 2019 $0.07; Mar 17, 2020 $0.02; Sep 15, 2020 $0.02; Dec 29, 2020 $0.008; Mar 16, 2021 $0.03; Sep 27, 2021 $0.08; Dec 29, 2021 $0.51; Sep 28, 2022 $0.05; Dec 28, 2022 $0.23; Mar 29, 2023 $0.08; Dec 27, 2023 $0.01; Jun 27, 2024 $0.03; Dec 18, 2025 $0.02. Use the arrow keys to read each point.$0$0.502017202020232026YTD

DFAC vs WBIL Risk

Fall from peak · 5 years

  • DFAC
  • WBIL
Oct 29, 2021 to Oct 30, 2026. Worst fall: WBIL −25.3% · Apr 2025. Use the arrow keys to read each point.−25%−20%−15%−10%−5%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
DFAC 12.6%, betterWBIL 14.8%
Return per unit of riskSharpe ratio, 3 years
DFAC 1.32, betterWBIL 0.52
Worst fallMax drawdown, 5 years
DFAC −23.1%, betterWBIL −25.3%
Market sensitivityBeta, 5 years
DFAC 0.99WBIL 1.19

DFAC and WBIL in the news

All news⁠

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