Skip to content
etf.net

DFMC vs GRNJ

U.S. Micro Cap Portfolio ETF

DFMCANYSE Arca

Fundstrat Granny Shots US Small- & Mid-Cap ETF

GRNJDNYSE Arca

Overlap

Expense ratio

DFMC −0.32pt a year

DFMC0.43%GRNJ0.75%

Avg volume · 30D

GRNJ 6.0×the volume

DFMC26.2KGRNJ156K

DFMC vs GRNJ Performance

Jul 31, 2026 – Oct 30, 2026

−2.5%DFMC−7.9%GRNJ

Jul 31, 2026 to Oct 30, 2026. DFMC −2.5%. GRNJ −7.9%. Use the arrow keys to read each point.−5%0%5%10%Jul 2026Sep 2026Oct 2026
Expense ratio
DFMC 0.43%, better
GRNJ 0.75%
Fund size
DFMC $7.6B
GRNJ $445M
Holdings
DFMC 1734
GRNJ 63
Avg volume (30D)
DFMC 26.2K sh
GRNJ 156K sh, better
NAV per share
DFMC $58.34
GRNJ $25.96
52W range

ETF.net Grade

DFMC: Cost 68, Risk 80, Mission not scored, Tradability 70, Holdings 93, Durability 99. GRNJ: Cost 22, Risk 10, Mission not scored, Tradability 72, Holdings 55, Durability 62.
Pillar letters and Scores for DFMC, GRNJ, with each pillar’s weight
PillarDFMCGRNJ
Cost30% weightB68HigherF22
Mission25% weightNot scoredNot scored
Risk15% weightA80HigherF10
Tradability15% weightA70A72Higher
Holdings10% weightA93HigherB55
Durability5% weightA99HigherB62

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 GRNJ 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 GRNJ 34th 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 33DNBSMNeuberger Berman Small-Mid Cap ETFScore 39
  6. Rank 34DGRNJFundstrat Granny Shots US Small- & Mid-Cap ETFScore 36
  7. Rank 35DWSMDWasatch Small/Mid Cap ETFScore 32

Our read on each fund

ETF.net Research

DFMCAU.S. Micro Cap Portfolio ETF

GRNJDFundstrat Granny Shots US Small- & Mid-Cap ETF

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.

GRNJ Tom Lee's Granny Shots rulebook, aimed down the cap scale. A stock only qualifies if it shows up in at least two of Fundstrat's seven macro themes, every survivor gets an equal slice, and the whole thing is reshuffled quarterly.

Stated mandate

DFMC The Portfolio seeks long-term capital appreciation.

GRNJ The fund is an actively managed exchange-traded fund seeking long-term capital appreciation.

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.
  • GRNJ The two-theme filter is the point: no stock enters on a single storyline. Positions are equal-weighted, so no one name dominates the portfolio.grannyshots.comprnewswire.com
  • Quarterly rebalancing resets positions back to equal size, which trims winners and reloads laggards instead of letting the portfolio drift.grannyshots.com
  • Despite launching in late 2025, it already sits in the $250M-$1B asset range and trades with moderate, steady volume for a fund this young.

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.
  • GRNJ At 0.75% a year it runs above the 0.65% median for active US equity ETFs. That is the toll for Fundstrat's research.
  • Launched November 2025, so the live record is short. The large-cap version's history is a different portfolio, not this one's.grannyshots.com
  • Small and mid caps swing harder than blue chips, and quarterly rebalances can turn over a meaningful chunk of the holdings.grannyshots.com

Full DFMC profile⁠

Full GRNJ profile⁠

DFMC vs GRNJ 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 GRNJ Cost

Overpaying GRNJ vs DFMC

$5,820

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

  • DFMC 0.43%

    $8,662

  • GRNJ 0.75%

    $14,482

$10,000
30 years

Cost over time

  • DFMC 0.43%
  • GRNJ 0.75%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530GRNJ $14,482DFMC $8,662

Year by year

YearDFMCGRNJOverpaying
10$776$1,336$560
20$2,994$5,078$2,084
30$8,662$14,482$5,820

Expense ratio

  • 0.43%DFMC, cheaper
  • 0.75%GRNJ
  • Middle half of US Active Small/Mid-Cap funds
  • Median 0.55%

DFMC 15th cheapest of 47 funds

GRNJ 34th cheapest of 47 funds

DFMC vs GRNJ Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
DFMC No data
GRNJ None
Last payment
DFMC $0.15
GRNJ No data
Ex-dividend
DFMC Sep 29, 2026
GRNJ No data
Paid on
DFMC Oct 1, 2026
GRNJ No data
Frequency
DFMC Quarterly
GRNJ No data

Distribution history

Per share, 2026, same scale for both

DFMCQuarterly · 2 paymentsAll DFMC payments⁠
One bar per payment. 2 payments in 2026 YTD. Jun 29, 2026 $0.13; Sep 29, 2026 $0.15. Use the arrow keys to read each point.$0$0.102026YTD
GRNJAll GRNJ payments⁠

No distribution history available.

DFMC vs GRNJ Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

Market sensitivityBeta, 5 years
DFMC 0.53GRNJ 1.68

DFMC and GRNJ in the news

All news⁠

Popular comparisons

  • DFMCAvsAVMCA

    U.S. Micro Cap Portfolio ETF · Avantis U.S. Mid Cap Equity ETF

    Expense ratio
    0.43% · 0.18%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • GRNJDvsAVMCA

    Fundstrat Granny Shots US Small- & Mid-Cap ETF · Avantis U.S. Mid Cap Equity ETF

    Expense ratio
    0.75% · 0.18%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • DFMCAvsFEMVA

    U.S. Micro Cap Portfolio ETF · Fidelity Enhanced Mid Cap Value ETF

    Expense ratio
    0.43% · 0.23%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • GRNJDvsFEMVA

    Fundstrat Granny Shots US Small- & Mid-Cap ETF · Fidelity Enhanced Mid Cap Value ETF

    Expense ratio
    0.75% · 0.23%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • DFMCAvsJMEEA

    U.S. Micro Cap Portfolio ETF · JPMorgan Small & Mid Cap Enhanced Equity ETF

    Expense ratio
    0.43% · 0.35%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • GRNJDvsJMEEA

    Fundstrat Granny Shots US Small- & Mid-Cap ETF · JPMorgan Small & Mid Cap Enhanced Equity ETF

    Expense ratio
    0.75% · 0.35%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.