DFAU vs ROE

DFAUADimensional US Core Equity Market ETF

ROEBAstoria US Equal Weight Quality Kings 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.

ROE In most US quality funds, a few mega-caps run the show. Quality Kings screens American companies for quality and value, then weights what survives equally, so the screen picks the portfolio instead of market cap.

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.

ROE 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.

• ROE Costs 0.49% a year, under the median for active US equity funds. Active screening at a price closer to plain-vanilla strategy funds.
• Equal weighting gives every holding the same starting slug, so one giant name can't quietly become the whole fund.
• Pairs a quality screen with a value screen, which keeps a hunt for profitable companies from turning into a basket of expensive ones.
• The portfolio build is the strongest piece here, and the fund sits in the upper tier of a large field of active US stock funds.

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.

• ROE Trades thinly next to the heavyweights in its category. Limit orders and avoiding the opening bell matter more here than in a mega-fund.
• Broad rivals cost far less: DFAU at 0.12% and AVLC at 0.15%. The extra fee buys the screen and the equal weighting, not broader coverage.
• Launched in 2023, so the live record is short. Equal weighting also means far less exposure to the largest US companies than a cap-weighted fund.

Full DFAU profile⁠

Full ROE profile⁠