DFAU vs SOVF: Grades, Fees and Holdings Compared

Dimensional US Core Equity Market ETF

DFAUANYSE Arca

Sovereign's Capital Flourish Fund

SOVFCNYSE Arca

Overlap

4.1%by weight

Expense ratio

DFAU −0.63pt a year

DFAU0.12%SOVF0.75%

Avg volume · 30D

DFAU 51.3×the volume

DFAU555KSOVF10.8K

3Y return · a year

DFAU +13.0pt

DFAU+22.9%SOVF+9.9%

DFAU vs SOVF Performance

Oct 31, 2025 – Oct 30, 2026

+13.2%DFAU+11.2%SOVF

Expense ratio: DFAU 0.12%, better; SOVF 0.75%
Fund size: DFAU $12.9B; SOVF $90M
1Y total return: DFAU +13.2%, better; SOVF +11.2%
Yield (12M): DFAU 0.90%, better; SOVF 0.71%
Holdings: DFAU 2165; SOVF 81
Avg volume (30D): DFAU 555K sh, better; SOVF 10.8K sh
NAV per share: DFAU $52.28; SOVF $31.65
52W range

ETF.net Grade

Pillar letters and Scores for DFAU, SOVF, with each pillar’s weight
Pillar	DFAU	SOVF
Cost30% weight	A97Higher	D36
Mission25% weight	A83	Not scored
Risk15% weight	B65Higher	D30
Tradability15% weight	A87Higher	C48
Holdings10% weight	A84Higher	A72
Durability5% weight	A91Higher	C51

Rank among US Active Equity funds

How we build Categories ›

Same Category. DFAU and SOVF 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 ›

DFAU ranks 2nd and SOVF 77th of 121 funds in the US Active Equity Category.

Rank 1AAVLCAvantis U.S. Large Cap Equity ETFScore 87
Rank 2ADFAUDimensional US Core Equity Market ETFScore 86
Rank 3ADFACDimensional US Core Equity 2 ETFScore 85
Rank 77CEDGU3EDGE Dynamic US Equity ETFScore 43
Rank 77CSOVFSovereign's Capital Flourish FundScore 43
Rank 77CTOSTwin Oak Strategic Solutions ETFScore 43

Our read on each fund

ETF.net Research

DFAUADimensional US Core Equity Market ETF

SOVFCSovereign's Capital Flourish Fund

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.

SOVF No data

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.

SOVF No data

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.

SOVF No data

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.

SOVF No data

Full DFAU profile⁠

Full SOVF profile⁠

DFAU vs SOVF Holdings

How DFAU and SOVF differ

Overlap by weight

4.1%

Shared holdings make up 91.6% of SOVF and 4.4% of DFAU.

Level by level

Holdings67 in both4.1%
Sector11 Sectors80.4%
Countryby domicile99.3%
Asset classEquity100%

Sector

Sector weights in DFAU and SOVF, widest gap first
Sector	More in DFAUMore in SOVF	DFAU	SOVF
Communication	DFAU +6.9 points	8.0%	1.1%
Financials	SOVF +4.9 points	12.9%	17.8%
Energy	DFAU +4.6 points	4.9%	0.3%
Consumer Discretionary	DFAU +4.6 points	9.4%	4.8%
Industrials	SOVF +3.5 points	8.9%	12.4%
Real Estate	SOVF +3.3 points	0.1%	3.4%
Technology	SOVF +2.9 points	36.6%	39.5%
Materials	DFAU +2.7 points	2.7%	0.0%
Consumer Staples	SOVF +2.5 points	4.7%	7.2%
Utilities	SOVF +2.4 points	2.1%	4.5%
Health Care	DFAU +0.8 points	9.7%	8.9%

Country, concentration and asset class

Country by domicile

Country weights in DFAU and SOVF, widest gap first
Country	More in DFAUMore in SOVF	DFAU	SOVF
Canada	SOVF +0.5 points	0.0%	0.5%
Other countries (11)	DFAU +0.5 points	100.0%	99.5%

Concentration

Weight in the 10 largest Holdings

DFAU33.4%
SOVF37.4%

Securities held

DFAU2,164
SOVF80

Asset class

DFAU: Equity
SOVF: Equity

Holdings

Only in DFAU2,097
In both67
Only in SOVF13

Only in DFAU

2,097 securities, 95.5% of DFAU by weight

Apple Inc.7.10%
NVIDIA Corp6.79%
Microsoft Corp5.62%
Amazon.com Inc.3.14%
Alphabet Inc - Class A2.14%
Broadcom Inc2.04%
Meta Platforms Inc1.78%
Alphabet Inc1.76%
Micron Technology Inc.1.62%
Eli Lilly and Company1.45%
Tesla Inc1.35%
JPMorgan Chase & Co1.21%
Berkshire Hathaway Cl-B1.15%
Exxonmobil Holdings Corp1.07%
Advanced Micro Devices1.02%
Visa Inc0.96%
Johnson & Johnson0.78%
Mastercard Inc - A0.69%
AbbVie Inc.0.61%
Chevron Corp.0.56%
Merck & Company Inc0.53%
Procter & Gamble Co/The0.52%
Costco Wholesale Corp.0.48%
Intel Corp0.48%
Coca Cola Co.0.46%
Home Depot Inc0.46%
UnitedHealth Group Inc.0.40%
Palantir Technologies Inc0.40%
Bank of America Corp0.39%
Applied Materials Inc.0.39%
Oracle Corp.0.38%
General Electric Company0.38%
Philip Morris Intl0.37%
Amgen Inc0.36%
International Business Ma0.36%
Lam Research Corp0.36%
Texas Instruments Inc.0.36%
Caterpillar Inc.0.35%
Goldman Sachs Group Inc.0.35%
Wells Fargo & Co.0.34%
Rtx Corp0.31%
New Linde PLC0.30%
Verizon Communications0.30%
Gilead Sciences Inc0.30%
Morgan Stanley0.29%
Kla Corp0.29%
Conocophillips0.28%
Thermo Fisher Scientific.0.27%
Sandisk Corp/De0.27%
American Express Co.0.26%

Only in SOVF

13 securities, 8.4% of SOVF by weight

Fiserv Inc1.59%
Fidelity National Information1.41%
Triumph Financial Inc1.38%
CSW Industrials Inc0.96%
Westrock Coffee Co0.76%
Waste Connections Inc0.51%
Sba Communications Corp Class A0.44%
Camden Property Trust0.43%
Fermi Inc0.38%
Invesco Government & Agency Portfolio Inst0.37%
Advantage Solutions Inc0.13%
Endava PLC0.03%
Verra Mobility Corp0.02%

Weight gaps

All 67 Holdings in both funds, largest gap first.

Holding weights in DFAU and SOVF, widest gap first
Holding	More in DFAUMore in SOVF	DFAU	SOVF
Paycom Software IncPAYC	SOVF +5.82 points	<0.01%	5.83%
Molina Healthcare IncMOH	SOVF +4.28 points	0.02%	4.30%
Repay Holdings CorpRPAY	SOVF +4.25 points	<0.01%	4.25%
Option Care Health IncOPCH	SOVF +3.94 points	0.01%	3.95%
Qualcomm Inc.QCOM	SOVF +3.50 points	0.29%	3.79%
Sps Commerce IncSPSC	SOVF +3.43 points	<0.01%	3.43%
Grand Canyon Education InLOPE	SOVF +3.40 points	<0.01%	3.41%
Vistra Energy CorpVST	SOVF +2.88 points	0.08%	2.96%
Euronet Worldwide IncEEFT	SOVF +2.77 points	<0.01%	2.77%
Paylocity Holding CorpPCTY	SOVF +2.68 points	<0.01%	2.69%
American Financial GroupAFG	SOVF +2.57 points	0.02%	2.59%
Progressive CorpPGR	SOVF +2.48 points	0.18%	2.66%
Alkami Technology IncALKT	SOVF +2.36 points	<0.01%	2.36%
Primerica IncPRI	SOVF +2.34 points	0.02%	2.36%
Arthur J Gallagher & CoAJG	SOVF +2.30 points	0.10%	2.40%
Siteone Landscape SupplySITE	SOVF +2.21 points	<0.01%	2.22%
Diodes IncDIOD	SOVF +2.17 points	<0.01%	2.18%
Ups Inc. Class BUPS	SOVF +2.03 points	0.13%	2.16%
Lci IndustriesLCII	SOVF +1.94 points	<0.01%	1.94%
Lpl Financial Holdings InLPLA	SOVF +1.80 points	0.04%	1.84%
Flywire CorpFLYW	SOVF +1.77 points	<0.01%	1.77%
Cbre Group IncCBRE	SOVF +1.70 points	0.06%	1.76%
Automatic Data ProcessingADP	SOVF +1.60 points	0.14%	1.74%
Raymond James FinancialRJF	SOVF +1.46 points	0.06%	1.52%
Insperity IncNSP	SOVF +1.34 points	<0.01%	1.34%
Azz IncAZZ	SOVF +1.26 points	<0.01%	1.27%
Nextera Energy IncNEE	SOVF +1.18 points	0.20%	1.38%
Arista Networks IncANET	SOVF +1.17 points	0.21%	1.38%
H & R Block Inc.HRB	SOVF +1.08 points	<0.01%	1.09%
Cisco Systems Inc.CSCO	SOVF +0.90 points	0.54%	1.44%
Doubleverify Holdings IncDV	SOVF +0.87 points	<0.01%	0.87%
Coca-Cola Consolidated InCOKE	SOVF +0.86 points	0.02%	0.88%
S&P Global IncSPGI	SOVF +0.80 points	0.16%	0.96%
Us Physical Therapy IncUSPH	SOVF +0.80 points	<0.01%	0.80%
Kforce IncKFRC	SOVF +0.75 points	<0.01%	0.75%
Copart IncCPRT	SOVF +0.75 points	0.01%	0.76%
Cme Group Inc.CME	SOVF +0.70 points	0.11%	0.81%
Netapp Inc.NTAP	SOVF +0.70 points	0.08%	0.78%
The Charles Schwab Corp.SCHW	SOVF +0.67 points	0.17%	0.84%
Servicenow IncNOW	SOVF +0.63 points	0.09%	0.72%
Us Foods Holding CorpUSFD	SOVF +0.57 points	0.05%	0.62%
Fastenal Co.FAST	SOVF +0.55 points	0.10%	0.65%
Douglas Dynamics IncPLOW	SOVF +0.50 points	<0.01%	0.50%
Erie Indemnity CoERIE	SOVF +0.50 points	<0.01%	0.51%
Api Group CorpAPG	SOVF +0.49 points	0.03%	0.52%
Miller Industries Inc/TnMLR	SOVF +0.49 points	<0.01%	0.49%
Hunt (Jb) Transport ServJBHT	SOVF +0.48 points	0.04%	0.52%
Greif IncGEF	SOVF +0.46 points	<0.01%	0.47%
O'reilly Automotive Inc.ORLY	SOVF +0.40 points	0.11%	0.51%
Tyson Foods Inc. Class ATSN	SOVF +0.37 points	0.03%	0.40%
Zimmer Biomet HoldingsZBH	SOVF +0.37 points	0.03%	0.40%
Walmart Inc.WMT	DFAU +0.31 points	0.68%	0.37%
J & J Snack Foods Corp.JJSF	SOVF +0.27 points	<0.01%	0.27%
Sprouts Farmers Market InSFM	SOVF +0.26 points	<0.01%	0.27%
Lincoln Electric HoldingLECO	SOVF +0.26 points	0.03%	0.29%
Itt IncITT	SOVF +0.24 points	0.03%	0.27%
Healthcare Services GroupHCSG	SOVF +0.24 points	<0.01%	0.24%
Idex CorpIEX	SOVF +0.22 points	0.03%	0.25%
Hubspot IncHUBS	SOVF +0.18 points	<0.01%	0.18%
Resmed IncRMD	SOVF +0.15 points	0.06%	0.21%
Emcor Group IncEME	SOVF +0.15 points	0.06%	0.21%
Apa CorpAPA	SOVF +0.08 points	0.04%	0.12%
Columbia SportswearCOLM	SOVF +0.07 points	<0.01%	0.08%
Science Applications InteSAIC	SOVF +0.05 points	0.01%	0.06%
Mobility Global IncMBGL	SOVF +0.03 points	<0.01%	0.04%
Devon Energy Corp.DVN	DFAU +0.01 points	0.10%	0.09%
Diamondback Energy IncFANG	DFAU +0.01 points	0.11%	0.10%

All 2,381 DFAU holdings⁠All SOVF 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.

DFAU vs SOVF Cost

Overpaying SOVF vs DFAU

$11,962

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

DFAU 0.12%
$2,520
SOVF 0.75%
$14,482

Amount$10,000

Years30 years

Cost over time

DFAU 0.12%
SOVF 0.75%
Overpaying

Year by year

Year	DFAU	SOVF	Overpaying
10	$220	$1,336	$1,116
20	$859	$5,078	$4,219
30	$2,520	$14,482	$11,962

Expense ratio

0.12%DFAU, cheaper
0.75%SOVF

DFAU0.12%SOVF0.75%

0.00%2.89%

Middle half of US Active Equity funds
Median 0.68%

DFAU 4th cheapest of 121 funds

SOVF 72nd cheapest of 121 funds

DFAU vs SOVF Dividends

Last 12 months to Oct 30, 2026

Yield (12M): DFAU 0.90%, better; SOVF 0.71%
Payout (12M): DFAU $0.47; SOVF $0.23
Last payment: DFAU $0.12; SOVF $0.23
Ex-dividend: DFAU Sep 22, 2026; SOVF Dec 30, 2025
Paid on: DFAU Sep 24, 2026; SOVF Dec 31, 2025
Frequency: DFAU Quarterly; SOVF Annual

Distribution history

Per share, 2020 to 2026, same scale for both

DFAUQuarterly · 24 paymentsAll DFAU payments⁠

SOVFAnnual · 3 paymentsAll SOVF payments⁠

DFAU vs SOVF Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: DFAU 12.4%, betterSOVF 17.3%
Return per unit of riskSharpe ratio, 3 years: DFAU 1.38, betterSOVF 0.37
Worst fallMax drawdown, 5 years: DFAU −23.6%SOVF −21.8%since Oct 2023
Market sensitivityBeta, 5 years: DFAU 1.01SOVF 0.94; Market = 1

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