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DFMC vs PCSG

U.S. Micro Cap Portfolio ETF

DFMCANYSE Arca

Polen 5Perspectives Small-Mid Growth ETF

PCSGFNYSE Arca

Overlap

Expense ratio

DFMC −0.32pt a year

DFMC0.43%PCSG0.75%

Avg volume · 30D

DFMC 33.6×the volume

DFMC26.2KPCSG779

DFMC vs PCSG Performance

Jul 31, 2026 – Oct 30, 2026

−2.5%DFMC−7.1%PCSG

Jul 31, 2026 to Oct 30, 2026. DFMC −2.5%. PCSG −7.1%. Use the arrow keys to read each point.−10%−5%0%5%Jul 2026Sep 2026Oct 2026
Expense ratio
DFMC 0.43%, better
PCSG 0.75%
Fund size
DFMC $7.6B
PCSG $3M
Holdings
DFMC 1734
PCSG 85
Avg volume (30D)
DFMC 26.2K sh, better
PCSG 779 sh
NAV per share
DFMC $58.34
PCSG $21.44
52W range

ETF.net Grade

DFMC: Cost 68, Risk 80, Mission not scored, Tradability 70, Holdings 93, Durability 99. PCSG: Cost 22, Risk 1, Mission not scored, Tradability 27, Holdings 51, Durability 25.
Pillar letters and Scores for DFMC, PCSG, with each pillar’s weight
PillarDFMCPCSG
Cost30% weightB68HigherF22
Mission25% weightNot scoredNot scored
Risk15% weightA80HigherF1
Tradability15% weightA70HigherD27
Holdings10% weightA93HigherC51
Durability5% weightA99HigherD25

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 PCSG 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 PCSG 43rd 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 42FKMIDVirtus KAR Mid-Cap ETFScore 23
  6. Rank 43FPCSGPolen 5Perspectives Small-Mid Growth ETFScore 22
  7. Rank 44FBCSMBaron SMID Cap ETFScore 21
  8. AEMCNot yet graded
  9. AEMVNot yet graded
  10. PJSMNot yet graded

Our read on each fund

ETF.net Research

DFMCAU.S. Micro Cap Portfolio ETF

PCSGFPolen 5Perspectives Small-Mid Growth 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.

PCSG A 20-year-old small/mid growth strategy in a new wrapper. Drew Cupps has run 5Perspectives since 2005; PCSG brings that focused, theme-driven book to an ETF at 0.75%, with no fee waiver in play.

Stated mandate

DFMC The Portfolio seeks long-term capital appreciation.

PCSG The Fund seeks long-term growth of capital.

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.
  • PCSG The fund is new, the strategy isn't: Drew Cupps has run 5Perspectives Small-Mid Growth since its 2005 start, landing with it at Polen in 2025.polencapital.comsec.gov
  • Truly active and focused: a concentrated book of innovative small- and mid-cap growers built around AI, electrification, aerospace and genomics.polencapital.commanilatimes.net
  • Flat 0.75% fee with no waiver propping it up, so there is no step-up date to diary.

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.
  • PCSG At 0.75% it prices above the SMID category median; systematic peers run cheaper, like AVMC at 0.18% and JMEE at 0.35%.
  • Launched May 2026, so the fund's own record is short; the strategy's longer history was built in separate accounts, a different vehicle.polencapital.com
  • Thinly traded so far, so limit orders matter, and no distributions since launch: growth, not income.

Full DFMC profile⁠

Full PCSG profile⁠

DFMC vs PCSG 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 PCSG Cost

Overpaying PCSG vs DFMC

$5,820

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

  • DFMC 0.43%

    $8,662

  • PCSG 0.75%

    $14,482

$10,000
30 years

Cost over time

  • DFMC 0.43%
  • PCSG 0.75%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530PCSG $14,482DFMC $8,662

Year by year

YearDFMCPCSGOverpaying
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%PCSG
  • Middle half of US Active Small/Mid-Cap funds
  • Median 0.55%

DFMC 15th cheapest of 47 funds

PCSG 34th cheapest of 47 funds

DFMC vs PCSG Dividends

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

No distribution history available.

DFMC vs PCSG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

Market sensitivityBeta, 5 years
DFMC 0.53PCSG 0.67

DFMC and PCSG in the news

All news⁠

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