DYNF vs EDGU

DYNFAiShares U.S. Equity Factor Rotation Active ETF

EDGUC3EDGE Dynamic US Equity ETF

In short

DYNF Most factor funds make you pick a lane: value, momentum, quality. DYNF rotates across five styles instead, letting a factor model decide which one leads, and charges an index-fund-ish 0.26% to do it.

EDGU The ETF version of 3EDGE's institutional tactical model: a compact set of index ETFs that shifts across size, sector and style, aiming to rise with the market and soften declines. That flexibility runs 0.91%, with no fee waiver.

Stated mandate

DYNF The Fund seeks to outperform the U.S. equity market through diversified, tactical exposure to style factors using a factor rotation model.

EDGU The Fund seeks capital appreciation in rising markets while limiting losses during periods of decline.

Why people hold it

• DYNF Five style factors in one ticket (value, quality, momentum, growth, low volatility), reweighted by a rotation model rather than locked to a single tilt.
• 0.26% is well under half the median fee in its active US equity peer group, which is unusual pricing for a strategy with a human-supervised model behind it.
• A multi-billion-dollar fund and one of the more actively traded names in its category, so getting in and out rarely becomes the hard part. Pays quarterly.
• Running since 2019 under one of the biggest ETF shops, and it stands among the strongest overall implementations in the active US equity group we track.

• EDGU Unusual mandate for a core US equity fund: the prospectus goal is appreciation in rising markets while limiting losses during declines, so exposure can be dialed up or down.sec.gov
• The engine is 3EDGE's proprietary global capital markets model, a rules-and-algorithms system the firm already runs for institutions and advisor model portfolios.3edgeam.com
• Built from index ETFs rather than hand-picked stocks, so the underlying exposures stay plain vanilla; the active call is which slices of size, sector and style to own.3edgeetfs.comsec.gov

Worth knowing

• DYNF The yardstick isn't the S&P 500: it's a custom blend of 80% MSCI USA and 20% MSCI USA Minimum Volatility, so a low-vol tilt is baked into the benchmark itself.
• Active by design. The factor mix shifts, the book runs to a couple hundred stocks, and a rotation call can leave it out of step with a plain US market index fund.
• Cheap for active, not the cheapest shelf: systematic peers DFAU (0.12%), AVLC (0.15%), DFAC (0.17%) and FELC (0.18%) all undercut it on fee.

• EDGU Cost is the trade-off: 0.91% all in (0.70% management plus 0.20% from the ETFs it holds), no waiver, above the category norm and versus 0.12% at DFAU and 0.15% at AVLC.sec.gov
• The loss-limiting aim is an objective, not a buffer. Nothing in the structure floors the downside; it rests on the model's allocation calls.sec.gov
• Young and lightly traded: shares date to 2024, and volume runs below the category's giants, so spreads matter more at the point of trade.

Full DYNF profile⁠

Full EDGU profile⁠