DFAU vs GRNY

DFAUADimensional US Core Equity Market ETF

GRNYCFundstrat Granny Shots US Large Cap 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.

GRNY Tom Lee's research desk in a ticker. A stock only gets in if it lines up with at least two of Fundstrat's seven long-run themes, then takes an equal slice of a roughly 40-name US large-cap book that is re-checked quarterly.

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.

GRNY The Fund seeks long-term capital appreciation.

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.

• GRNY One admission rule does the work: a name must sit inside at least two of Fundstrat's seven themes. Everything else stays out. Equal weights, quarterly rebalance, roughly 40 stocks.prnewswire.com
• Equal weighting kills mega-cap gravity. Every pick pulls the same oar, so the thematic calls actually show up in the portfolio instead of being swamped by the biggest names.prnewswire.com
• Trades like a veteran: a multi-billion-dollar asset base and steady volume put it among the easier active US equity ETFs to get in and out of.

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.

• GRNY 0.75% a year runs above the roughly 0.65% typical for active US equity funds and several times systematic peers like DFAU (0.12%) or AVLC (0.15%).
• Roughly 40 equal-weight names with heavy theme tilts is a concentrated book. It can behave very differently from the broad US large-cap market in either direction.prnewswire.com
• Young strategy, thin sample. Its live record is short next to peers with decades of data, and the mandate targets capital appreciation, with payouts only annual or semiannual.

Full DFAU profile⁠

Full GRNY profile⁠