DFAU vs EAGL

DFAUADimensional US Core Equity Market ETF

EAGLCEagle Capital Select Equity ETF

In short

DFAU Active management priced like an index fund. Dimensional spreads across roughly 2,400 US stocks, then tilts the weights toward value, profitability and momentum instead of simply mirroring the Russell 3000.

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

DFAU Seeks long-term capital appreciation. It uses an integrated research, portfolio-design, management, and trading process to build a broadly diversified portfolio of U.S. companies while balancing long-term return drivers, risk, shorter-term considerations, and trading costs.

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

Why people hold it

• DFAU Charges 0.12% a year, well under the 0.65% median for active US equity funds and the cheapest of the top-graded names in its group (AVLC, DFAC, FELC).
• Holds roughly 2,400 US companies, so no single name steers the fund. Whole-market coverage, not a concentrated bet.
• Active without the stock-picking drama: it leans weights toward value, profitability and momentum, using the Russell 3000 as its reference point rather than a rigid rulebook.
• A multi-billion-dollar fund that trades actively, and one of the strongest overall implementations in its active US equity 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

• DFAU Those tilts cut both ways: results can drift from a plain Russell 3000 fund for long stretches, in either direction.
• No published index behind it. The trade-off for flexibility is that you're buying Dimensional's process, not a public set of rules you can check line by line.
• Distributions land quarterly, not monthly, and the mandate is long-term capital appreciation rather than income.

• 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 DFAU profile⁠

Full EAGL profile⁠