DFGX vs PYLD: Grades, Fees and Holdings Compared

Dimensional International Core Fixed Income ETF

DFGXANasdaq

PIMCO Multisector Bond Active Exchange-Traded Fund

PYLDBNYSE Arca

Overlap

No data

Expense ratio

DFGX −0.36pt a year

DFGX0.20%PYLD0.56%

Avg volume · 30D

PYLD 23.4×the volume

DFGX218KPYLD5.11M

DFGX vs PYLD Performance

Oct 31, 2025 – Oct 30, 2026

−0.7%DFGX+1.6%PYLD

Expense ratio: DFGX 0.20%, better; PYLD 0.56%
Fund size: DFGX $1.93B; PYLD $15.9B
1Y total return: DFGX −0.7%; PYLD +1.6%, better
Yield (12M): DFGX 4.93%; PYLD 6.54%, better
Holdings: DFGX 822; PYLD 2035
Avg volume (30D): DFGX 218K sh; PYLD 5.11M sh, better
NAV per share: DFGX $51.64; PYLD $25.58
52W range

ETF.net Grade

Pillar letters and Scores for DFGX, PYLD, with each pillar’s weight
Pillar	DFGX	PYLD
Cost30% weight	A95Higher	F18
Mission25% weight	A87	A96Higher
Risk15% weight	D33	B66Higher
Tradability15% weight	B64	A75Higher
Holdings10% weight	A79Higher	B56
Durability5% weight	B57	A72Higher

Rank among Global Aggregate Bond (Unhedged) funds

How we build Categories ›

Same Category. DFGX and PYLD are both graded against the same 28 Global Aggregate Bond (Unhedged) funds, so their Grades compare head to head.

Global Aggregate Bond (Unhedged)⁠

Category · 28 funds

See all 28 ›

DFGX ranks 4th and PYLD 16th of 28 funds in the Global Aggregate Bond (Unhedged) Category.

Rank 1ADFGPDimensional Global Core Plus Fixed Income ETFScore 80
Rank 2ABNDWVanguard Total World Bond ETFScore 77
Rank 2AGRNBVanEck Green Bond ETFScore 77
Rank 4ADFGXDimensional International Core Fixed Income ETFScore 75
Rank 4ADFSBDimensional Global Sustainability Fixed Income ETFScore 75
Rank 14BHFSIHartford Strategic Income ETFScore 61
Rank 16BPYLDPIMCO Multisector Bond Active Exchange-Traded FundScore 59
Rank 17BBONDPIMCO Active Bond Exchange-Traded FundScore 56

Our read on each fund

ETF.net Research

DFGXADimensional International Core Fixed Income ETF

PYLDBPIMCO Multisector Bond Active Exchange-Traded Fund

In short

DFGX Dimensional's bond sleeve for everything outside the US: roughly 700 mostly developed-market issues at 0.20%, net of a waiver through February 28, 2027. Built to sit beside a US core, not re-buy it.

PYLD PIMCO's go-anywhere credit desk, wrapped in an ETF. No benchmark to hug: the team roams global bond sectors hunting yield and pays out monthly. The fee is a real one, but so is the mandate.

Stated mandate

DFGX The fund seeks to maximize total returns through income and capital appreciation.

PYLD The Fund seeks to maximize yield and achieve long-term capital appreciation while using prudent investment management.

Why people hold it

DFGX Costs 0.20% net of a waiver through February 28, 2027 (0.21% gross), below the category median and under sibling DFGP at 0.22% net of a waiver through the same date.
Ex-US by design: roughly 700 bonds, mostly developed-market governments, agencies and corporates, with maturities inside 20 years from settlement.sec.gov
Run systematically, with exposure to duration, credit quality and currency of issuance adjusted from market prices rather than copied from an index bond for bond.dimensional.com
A billion-dollar-plus fund and one of the stronger implementations in its global bond peer group, paying income quarterly.

PYLD Benchmark-agnostic by design: at least 80% in a multi-sector global bond portfolio spanning investment grade and high yield, run by a team that includes PIMCO's group CIO.yahoo.com
Roughly a thousand bond positions across sectors and maturities, so no single issuer sets the tone.
The stated objective is blunt: maximize yield while seeking long-term capital appreciation. Distributions land monthly.
A multi-billion-dollar fund that trades actively, unusual scale for an ETF that only launched in 2023.

Worth knowing

DFGX Foreign bonds mean two moving parts: local interest rates and exchange rates. The ride can differ from a US core holding.sec.gov
Not a plain index tracker, so results can drift from a global ex-US bond benchmark in either direction.dimensional.com
A 2023 launch and moderate trading volume: a shorter record than long-standing global bond funds, and spreads can widen in fast markets.sec.gov

PYLD 0.74% a year is active-manager pricing in a cohort where index Aggs like BND and SCHZ charge 0.03% and the typical fund charges 0.36%.
Go-anywhere and derivative-friendly: results can diverge from the Agg in either direction. You are buying a manager's calls, not an index.yahoo.com
Launched in 2023, so the track record in this wrapper is still short compared with the index veterans it sits beside.

Full DFGX profile⁠

Full PYLD profile⁠

DFGX vs PYLD Holdings

How DFGX and PYLD differ

No overlap figure

Two bond funds rarely hold the same issues.

Level by level

Countryby domicile16.2%
Asset classFixed Income100%

Sector

No Sector split for DFGX and PYLD.

Country, concentration and asset class

Country by domicile

Country weights in DFGX and PYLD, widest gap first
Country	More in DFGXMore in PYLD	DFGX	PYLD
United States	PYLD +83.8 points	16.0%	99.8%
Japan	DFGX +19.2 points	19.2%	0.0%
Canada	DFGX +17.2 points	17.4%	0.2%
United Kingdom	DFGX +9.2 points	9.2%	0.0%
France	DFGX +8.9 points	8.9%	0.0%
Netherlands	DFGX +7.5 points	7.5%	0.0%
Australia	DFGX +4.3 points	4.3%	0.0%
New Zealand	DFGX +3.7 points	3.7%	0.0%
Other countries (16)	DFGX +13.7 points	13.7%	0.0%

Outside the US: DFGX 100% developed, 0% emerging.

Concentration

Weight in the 10 largest Holdings

DFGX14.3%
PYLD34.5%

Securities held

DFGX721
PYLD2,004

Asset class

DFGX: Fixed Income
PYLD: Fixed Income

Holdings

Two bond funds rarely hold the same issues, so this page lists no shared Holdings. DFGX holds 721 securities, PYLD 2,004.

All 666 DFGX holdings⁠All 1,118 PYLD 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.

DFGX vs PYLD Cost

Overpaying PYLD vs DFGX

$6,933

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

DFGX 0.20%
$4,155
PYLD 0.56%
$11,088

Amount$10,000

Years30 years

Cost over time

DFGX 0.20%
PYLD 0.56%
Overpaying

Year by year

Year	DFGX	PYLD	Overpaying
10	$365	$1,006	$641
20	$1,421	$3,855	$2,434
30	$4,155	$11,088	$6,933

Expense ratio

0.20%DFGX, cheaper
0.56%PYLD

DFGX0.20%PYLD0.56%

0.05%1.15%

Middle half of Global Aggregate Bond (Unhedged) funds
Median 0.40%

DFGX 2nd cheapest of 28 funds

PYLD 24th cheapest of 28 funds

DFGX vs PYLD Dividends

Last 12 months to Oct 30, 2026

Yield (12M): DFGX 4.93%; PYLD 6.54%, better
Payout (12M): DFGX $2.55; PYLD $1.68
Last payment: DFGX $0.20; PYLD $0.14
Ex-dividend: DFGX Oct 20, 2026; PYLD Oct 1, 2026
Paid on: DFGX Oct 22, 2026; PYLD Oct 5, 2026
Frequency: DFGX Irregular; PYLD Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

DFGXIrregular · 15 paymentsAll DFGX payments⁠

PYLDMonthly · 40 paymentsAll PYLD payments⁠

DFGX vs PYLD Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: DFGX 4.1%since Dec 2023PYLD 4.9%
Return per unit of riskSharpe ratio, 3 years: DFGX −0.16since Dec 2023PYLD 0.81
Worst fallMax drawdown, 5 years: DFGX −3.4%since Nov 2023PYLD −4.5%since Jun 2023
Market sensitivityBeta, 5 years: DFGX 0.20PYLD 0.81; Market = 1

DFGX and PYLD in the news

All news⁠

New ETFs
XFUNDS Technology Income ETF is 99.1% the Vanguard Information Technology ETF
Oct 12, 2026PYLD
First-Year Review
Hartford Dynamic Bond ETF's first year: coupons covered a 3.9% slide
Sep 23, 2026PYLD

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DFGX vs PYLD

In short

Stated mandate

Why people hold it

Worth knowing

How DFGX and PYLD differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

XFUNDS Technology Income ETF is 99.1% the Vanguard Information Technology ETF

Hartford Dynamic Bond ETF's first year: coupons covered a 3.9% slide

How DFGX and PYLD differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings