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DFMC vs EPMV

U.S. Micro Cap Portfolio ETF

DFMCANYSE Arca

Harbor Mid Cap Value ETF (EPMV)

EPMVDNYSE Arca

Overlap

Expense ratio

DFMC −0.45pt a year

DFMC0.43%EPMV0.88%

Avg volume · 30D

DFMC 122.9×the volume

DFMC26.2KEPMV213

DFMC vs EPMV Performance

Jul 31, 2026 – Oct 30, 2026

−2.5%DFMC−2.4%EPMV

Jul 31, 2026 to Oct 30, 2026. DFMC −2.5%. EPMV −2.4%. Use the arrow keys to read each point.−6%0%2%4%Jul 2026Sep 2026Oct 2026
Expense ratio
DFMC 0.43%, better
EPMV 0.88%
Fund size
DFMC $7.6B
EPMV $5M
1Y total return
DFMC No data
EPMV +20.7%
Holdings
DFMC 1734
EPMV 60
Avg volume (30D)
DFMC 26.2K sh, better
EPMV 213 sh
NAV per share
DFMC $58.34
EPMV $26.14
52W range

ETF.net Grade

DFMC: Cost 68, Risk 80, Mission not scored, Tradability 70, Holdings 93, Durability 99. EPMV: Cost 4, Risk 63, Mission not scored, Tradability 38, Holdings 47, Durability 31.
Pillar letters and Scores for DFMC, EPMV, with each pillar’s weight
PillarDFMCEPMV
Cost30% weightB68HigherF4
Mission25% weightNot scoredNot scored
Risk15% weightA80HigherB63
Tradability15% weightA70HigherD38
Holdings10% weightA93HigherC47
Durability5% weightA99HigherD31

Rank among US Active Small/Mid-Cap funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. DFMC and EPMV are both graded against the same 47 US Active Small/Mid-Cap funds, so their Grades compare head to head.

US Active Small/Mid-Cap⁠

Category · 47 funds
See all 47 ›

DFMC ranks 3rd and EPMV 38th of 47 funds in the US Active Small/Mid-Cap Category.

  1. Rank 1AAVMCAvantis U.S. Mid Cap Equity ETFScore 89
  2. Rank 2AFEMVFidelity Enhanced Mid Cap Value ETFScore 79
  3. Rank 3ADFMCU.S. Micro Cap Portfolio ETFScore 76
  4. Rank 4AJMEEJPMorgan Small & Mid Cap Enhanced Equity ETFScore 72
  5. Rank 36DRSMCRockefeller U.S. Small-Mid Cap ETFScore 31
  6. Rank 38DEPMVHarbor Mid Cap Value ETF (EPMV)Score 30
  7. Rank 39DEPSBHarbor SMID Cap Core ETF (EPSB)Score 29

Our read on each fund

ETF.net Research

DFMCAU.S. Micro Cap Portfolio ETF

EPMVDHarbor Mid Cap Value ETF (EPMV)

In short

DFMC Dimensional's micro-cap workhorse: a systematic sweep of the smallest US listed companies, a strategy dating to 1981, now in an ETF wrapper. Not an index tracker, and it charges less than the typical active US equity fund.

EPMV Harbor's mid-cap value ETF, launched in 2025, runs a concentrated book of roughly 60 US stocks aimed at long-term total return. Active-manager pricing, a short history, and a portfolio built to look nothing like an index.

Stated mandate

DFMC The Portfolio seeks long-term capital appreciation.

EPMV The Fund seeks long-term total return.

Why people hold it

  • DFMC Charges 0.43% a year, well under the median for active US equity funds, so the fee takes a smaller bite out of a hard-to-reach corner of the market.
  • The strategy dates to 1981 and now runs as a multi-billion-dollar portfolio: an unusually long run for anything pointed at micro caps.
  • Systematic rather than index-bound. Dimensional sifts the small end of the US market by its own rules instead of copying a published micro-cap benchmark.dimensional.com
  • One of the stronger implementations among the active US equity funds we grade, with risk control and portfolio construction the standout pieces.
  • EPMV Concentrated by design: roughly 60 names, so individual stock picks register instead of getting diluted across hundreds of positions.
  • The mandate is plain: principally US common stocks and other equity securities, with long-term total return as the stated objective.
  • The portfolio is the strong suit here. Its holdings stack up better against active US equity peers than its price tag does.

Worth knowing

  • DFMC Thinly traded next to the big index names, so the cost of getting in and out can matter as much as the expense ratio, especially for larger orders.
  • It costs more than Dimensional's broad-market siblings, DFAU at 0.12% and DFAC at 0.17%, which own far bigger, more liquid companies.
  • Micro caps are the choppy end of the US market, and owning them is the entire job here. The mandate is long-term capital appreciation, not income.
  • EPMV The fee is 0.88% a year, above the typical active US equity ETF and far above index-plus rivals like DFAC (0.17%) and DFAU (0.12%).
  • It launched in May 2025, so there is little track record to judge, and trading is thin enough that spreads deserve a look before you place an order.
  • Distributions arrive once or twice a year, not quarterly or monthly.

Full DFMC profile⁠

Full EPMV profile⁠

DFMC vs EPMV 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.

DFMC vs EPMV Cost

Overpaying EPMV vs DFMC

$8,043

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

  • DFMC 0.43%

    $8,662

  • EPMV 0.88%

    $16,705

$10,000
30 years

Cost over time

  • DFMC 0.43%
  • EPMV 0.88%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530EPMV $16,705DFMC $8,662

Year by year

YearDFMCEPMVOverpaying
10$776$1,559$783
20$2,994$5,891$2,897
30$8,662$16,705$8,043

Expense ratio

  • 0.43%DFMC, cheaper
  • 0.88%EPMV
  • Middle half of US Active Small/Mid-Cap funds
  • Median 0.55%

DFMC 15th cheapest of 47 funds

EPMV 44th cheapest of 47 funds

DFMC vs EPMV Dividends

Last 12 months to Oct 30, 2026
Last payment
DFMC $0.15
EPMV $0.33
Ex-dividend
DFMC Sep 29, 2026
EPMV Dec 19, 2025
Paid on
DFMC Oct 1, 2026
EPMV Dec 24, 2025
Frequency
DFMC Quarterly
EPMV Irregular

Distribution history

Per share, 2025 to 2026, same scale for both

DFMCQuarterly · 2 paymentsAll DFMC payments⁠
One bar per payment. 2 payments from 2025 to 2026 YTD. Jun 29, 2026 $0.13; Sep 29, 2026 $0.15. Use the arrow keys to read each point.$0$0.252026YTD
EPMVIrregular · 1 paymentAll EPMV payments⁠
One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 19, 2025 $0.33. Use the arrow keys to read each point.$0$0.252026YTD

DFMC vs EPMV Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
DFMC No dataEPMV 12.7%since Jun 2025
Return per unit of riskSharpe ratio, 3 years
DFMC No dataEPMV 1.14since Jun 2025
Worst fallMax drawdown, 5 years
DFMC No dataEPMV −8.8%since May 2025
Market sensitivityBeta, 5 years
DFMC 0.53EPMV 0.73

DFMC and EPMV in the news

All news⁠

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