Skip to content
etf.net

DFMC vs MMID

U.S. Micro Cap Portfolio ETF

DFMCANYSE Arca

MFS Active Mid Cap ETF

MMIDCNYSE

Overlap

Expense ratio

DFMC −0.16pt a year

DFMC0.43%MMID0.59%

Avg volume · 30D

DFMC 19.6×the volume

DFMC26.2KMMID1.33K

DFMC vs MMID Performance

Jul 31, 2026 – Oct 30, 2026

−2.5%DFMC+2.3%MMID

Jul 31, 2026 to Oct 30, 2026. DFMC −2.5%. MMID +2.3%. Use the arrow keys to read each point.−4%0%4%Jul 2026Sep 2026Oct 2026
Expense ratio
DFMC 0.43%, better
MMID 0.59%
Fund size
DFMC $7.6B
MMID $37M
1Y total return
DFMC No data
MMID +12.5%
Holdings
DFMC 1734
MMID 104
Avg volume (30D)
DFMC 26.2K sh, better
MMID 1.33K sh
NAV per share
DFMC $58.34
MMID $27.48
52W range

ETF.net Grade

DFMC: Cost 68, Risk 80, Mission not scored, Tradability 70, Holdings 93, Durability 99. MMID: Cost 47, Risk 61, Mission not scored, Tradability 13, Holdings 64, Durability 38.
Pillar letters and Scores for DFMC, MMID, with each pillar’s weight
PillarDFMCMMID
Cost30% weightB68HigherC47
Mission25% weightNot scoredNot scored
Risk15% weightA80HigherB61
Tradability15% weightA70HigherF13
Holdings10% weightA93HigherB64
Durability5% weightA99HigherD38

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 MMID 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 MMID 26th 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 26CBSMCBrandes U.S. Small-Mid Cap Value ETFScore 44
  6. Rank 26CMMIDMFS Active Mid Cap ETFScore 44
  7. Rank 26CSMOXHorizon Small/Mid Cap Core Equity ETFScore 44

Our read on each fund

ETF.net Research

DFMCAU.S. Micro Cap Portfolio ETF

MMIDCMFS Active 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.

MMID No data

Stated mandate

DFMC The Portfolio seeks long-term capital appreciation.

MMID No data

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.

MMID No data

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.

MMID No data

Full DFMC profile⁠

Full MMID profile⁠

DFMC vs MMID 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 MMID Cost

Overpaying MMID vs DFMC

$2,973

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

  • DFMC 0.43%

    $8,662

  • MMID 0.59%

    $11,635

$10,000
30 years

Cost over time

  • DFMC 0.43%
  • MMID 0.59%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530MMID $11,635DFMC $8,662

Year by year

YearDFMCMMIDOverpaying
10$776$1,058$282
20$2,994$4,051$1,057
30$8,662$11,635$2,973

Expense ratio

  • 0.43%DFMC, cheaper
  • 0.59%MMID
  • Middle half of US Active Small/Mid-Cap funds
  • Median 0.55%

DFMC 15th cheapest of 47 funds

MMID 25th cheapest of 47 funds

DFMC vs MMID Dividends

Last 12 months to Oct 30, 2026
Last payment
DFMC $0.15
MMID $0.07
Ex-dividend
DFMC Sep 29, 2026
MMID Sep 24, 2026
Paid on
DFMC Oct 1, 2026
MMID Sep 25, 2026
Frequency
DFMC Quarterly
MMID Quarterly

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$0.102026YTD
MMIDQuarterly · 4 paymentsAll MMID payments⁠
One bar per payment. 4 payments from 2025 to 2026 YTD. Dec 11, 2025 $0.07; Mar 26, 2026 $0.06; Jun 25, 2026 $0.06; Sep 24, 2026 $0.07. Use the arrow keys to read each point.$0$0.102026YTD

DFMC vs MMID Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
DFMC No dataMMID 11.4%since Oct 2025
Return per unit of riskSharpe ratio, 3 years
DFMC No dataMMID 0.54since Oct 2025
Worst fallMax drawdown, 5 years
DFMC No dataMMID −7.9%since Sep 2025
Market sensitivityBeta, 5 years
DFMC 0.53MMID 0.37

DFMC and MMID 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.

  • MMIDCvsAVMCA

    MFS Active Mid Cap ETF · Avantis U.S. Mid Cap Equity ETF

    Expense ratio
    0.59% · 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.

  • MMIDCvsFEMVA

    MFS Active Mid Cap ETF · Fidelity Enhanced Mid Cap Value ETF

    Expense ratio
    0.59% · 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.

  • MMIDCvsJMEEA

    MFS Active Mid Cap ETF · JPMorgan Small & Mid Cap Enhanced Equity ETF

    Expense ratio
    0.59% · 0.35%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.