DYNF vs FLCE: Grades, Fees and Holdings Compared

iShares U.S. Equity Factor Rotation Active ETF

DYNFANYSE Arca

Frontier Asset U.S. Large Cap Equity ETF

FLCEDNYSE Arca

Overlap

0.0%by weight

Expense ratio

DYNF −0.60pt a year

DYNF0.26%FLCE0.86%

Avg volume · 30D

DYNF 590.8×the volume

DYNF2.28MFLCE3.86K

DYNF vs FLCE Performance

Nov 7, 2025 – Nov 9, 2026

+12.4%DYNF+13.3%FLCE

Expense ratio: DYNF 0.26%, better; FLCE 0.86%
Fund size: DYNF $40.6B; FLCE $81M
1Y total return: DYNF +12.4%; FLCE +13.3%, better
Yield (12M): DYNF 0.84%, better; FLCE 0.29%
Holdings: DYNF 275; FLCE 8
Avg volume (30D): DYNF 2.28M sh, better; FLCE 3.86K sh
NAV per share: DYNF $64.97; FLCE $30.96
52W range

ETF.net Grade

Pillar letters and Scores for DYNF, FLCE, with each pillar’s weight
Pillar	DYNF	FLCE
Cost30% weight	A86Higher	D28
Mission25% weight	Not scored	Not scored
Risk15% weight	B68Higher	B63
Tradability15% weight	A98Higher	D36
Holdings10% weight	A70Higher	D32
Durability5% weight	A97Higher	D38

Rank among US Active Equity funds

How we build Categories ›

Same Category. DYNF and FLCE are both graded against the same 121 US Active Equity funds, so their Grades compare head to head.

US Active Equity⁠

Category · 121 funds

See all 121 ›

DYNF ranks 4th and FLCE 86th of 121 funds in the US Active Equity Category.

Rank 1AAVLCAvantis U.S. Large Cap Equity ETFScore 87
Rank 2ADFAUDimensional US Core Equity Market ETFScore 86
Rank 3ADFACDimensional US Core Equity 2 ETFScore 85
Rank 4ADYNFiShares U.S. Equity Factor Rotation Active ETFScore 83
Rank 4ALCTUiShares U.S. Carbon Transition Readiness Aware Active ETFScore 83
Rank 84DRVERTrenchless Fund ETFScore 38
Rank 86DFLCEFrontier Asset U.S. Large Cap Equity ETFScore 37
Rank 87DBRESBurney U.S. Equity Select ETFScore 36

Our read on each fund

ETF.net Research

DYNFAiShares U.S. Equity Factor Rotation Active ETF

FLCEDFrontier Asset U.S. Large Cap 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.

FLCE No data

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.

FLCE No data

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.

FLCE No data

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.

FLCE No data

Full DYNF profile⁠

Full FLCE profile⁠

DYNF vs FLCE Holdings

How DYNF and FLCE differ

Overlap by weight

0.0%

About this figure: FLCE holds other funds. We compare those funds, not the stocks inside them.

Level by level

Holdings0 in both0.0%
Sector11 Sectors90.8%
Countryby domicile98.5%
Asset classStocks100%

Sector

Sector weights in DYNF and FLCE, widest gap first
Sector	Gap	DYNF	FLCE
Health Care	FLCE +4.6 points	9.2%	13.8%
Technology	DYNF +3.1 points	37.2%	34.1%
Financials	DYNF +2.6 points	15.7%	13.1%
Communication	DYNF +1.4 points	9.2%	7.8%
Utilities	FLCE +1.3 points	1.6%	2.9%
Energy	DYNF +1.2 points	4.4%	3.2%
Consumer Discretionary	FLCE +1.1 points	7.8%	8.9%
Real Estate	DYNF +1.0 points	2.2%	1.2%
Materials	FLCE +0.8 points	0.9%	1.7%
Consumer Staples	FLCE +0.7 points	4.2%	4.9%
Industrials	FLCE +0.7 points	7.6%	8.3%

Country, concentration and asset class

Country by domicile

Country weights in DYNF and FLCE, widest gap first
Country	More in DYNFMore in FLCE	Gap	DYNF	FLCE
United States		DYNF +1.6 points	100.0%	98.4%
Other countries (12)		FLCE +1.6 points	0.0%	1.6%

Concentration

Weight in the 10 largest Holdings

DYNF38.8%
FLCE100.0%

Securities held

DYNF273
FLCE7

Asset class

DYNF: Stocks
FLCE: Stocks

Holdings

Only in DYNF273
In both0
Only in FLCE7

Only in DYNF

273 securities, 99.9% of DYNF by weight

Apple8.14%
NVIDIA7.07%
Microsoft5.04%
Amazon.com Inc4.41%
JPMorgan Chase & Co3.09%
Meta Platforms Class A2.39%
Exxonmobil Holdings Corp2.31%
Broadcom Inc2.21%
Alphabet Class A2.18%
Bank of America1.91%
Johnson & Johnson1.89%
Alphabet Class C1.81%
Tesla Inc1.60%
Eli Lilly1.55%
Travelers Companies1.52%
Berkshire Hathaway Inc Class B1.47%
Chevron1.42%
Advanced Micro Devices1.42%
Salesforce1.42%
Micron Technology1.37%
Citigroup1.30%
Cisco Systems Inc1.17%
Parker-Hannifin1.17%
Allstate Corp1.15%
Walmart1.11%
Rtx1.06%
Caterpillar Inc1.05%
Lam Research1.03%
Duke Energy Corp1.00%
Goldman Sachs Group0.99%
Costco Wholesale Corp0.92%
Welltower0.91%
Applied Material Inc0.90%
Procter & Gamble0.83%
Realty Income Reit0.79%
Netflix0.75%
Verizon Communications Inc0.74%
Medtronic PLC0.72%
Newmont0.69%
Palantir Technologies Class A0.69%
Thermo Fisher Scientific0.68%
Cme Group Class A0.67%
Visa Class A0.66%
American International Group0.61%
Amphenol Corp Class A0.59%
Hartford Insurance Group0.58%
UnitedHealth Group0.55%
Gilead Sciences0.55%
AbbVie0.54%
Ge Aerospace0.53%

Only in FLCE

7 securities, 99.8% of FLCE by weight

T Rowe Price Us Eqy Research25.59%
Ishares Us Equity Factor Etf18.84%
JPMorgan Active Value Etf16.05%
Vanguard Dividend Apprec Etf12.29%
T Rowe Prc Cap Appreciation11.54%
JPMorgan Active Growth Etf10.11%
Gmo U.s. Quality Etf5.37%

Weight gaps

DYNF and FLCE share no securities.

All 273 DYNF holdings⁠All FLCE 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.

DYNF vs FLCE Cost

Overpaying FLCE vs DYNF

$11,010

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

DYNF 0.26%
$5,358
FLCE 0.86%
$16,368

Amount$10,000

Years30 years

Cost over time

DYNF 0.26%
FLCE 0.86%
Overpaying

Year by year

Year	DYNF	FLCE	Overpaying
10	$473	$1,525	$1,052
20	$1,838	$5,768	$3,930
30	$5,358	$16,368	$11,010

Expense ratio

0.26%DYNF, cheaper
0.86%FLCE

DYNF0.26%FLCE0.86%

0.00%2.89%

Middle half of US Active Equity funds
Median 0.68%

DYNF 18th cheapest of 121 funds

FLCE 89th cheapest of 121 funds

DYNF vs FLCE Dividends

Last 12 months to Nov 9, 2026

Yield (12M): DYNF 0.84%, better; FLCE 0.29%
Payout (12M): DYNF $0.56; FLCE $0.09
Last payment: DYNF $0.14; FLCE $0.005
Ex-dividend: DYNF Sep 15, 2026; FLCE Jun 29, 2026
Paid on: DYNF Sep 18, 2026; FLCE Jul 7, 2026
Frequency: DYNF Quarterly; FLCE Quarterly

Distribution history

Per share, 2019 to 2026, same scale for both

DYNFQuarterly · 30 paymentsAll DYNF payments⁠

FLCEQuarterly · 6 paymentsAll FLCE payments⁠

DYNF vs FLCE Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: DYNF 13.1%FLCE 11.1%since Jan 2025
Return per unit of riskSharpe ratio, 3 years: DYNF 1.55FLCE 0.86since Jan 2025
Worst fallMax drawdown, 5 years: DYNF −26.9%FLCE −17.5%since Dec 2024
Market sensitivityBeta, 5 years: DYNF 1.02FLCE 0.88; Market = 1

DYNF and FLCE in the news

All news⁠

ETF Filings
BlackRock files two Form 497Ks for iShares DYNF
Sep 7, 2026DYNF

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DYNF vs FLCE

In short

Stated mandate

Why people hold it

Worth knowing

How DYNF and FLCE differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in DYNF

Only in FLCE

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

BlackRock files two Form 497Ks for iShares DYNF

How DYNF and FLCE differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in DYNF

Only in FLCE

Weight gaps