DYNF vs MIGO: Grades, Fees and Holdings Compared

iShares U.S. Equity Factor Rotation Active ETF

DYNFANYSE Arca

MIG Core ETF

MIGOBNYSE Arca

Overlap

21.0%by weight

Expense ratio

DYNF −0.19pt a year

DYNF0.26%MIGO0.45%

Avg volume · 30D

DYNF 170.0×the volume

DYNF2.25MMIGO13.3K

DYNF vs MIGO Performance

Jul 31, 2026 – Nov 2, 2026

−0.8%DYNF−3.7%MIGO

Expense ratio: DYNF 0.26%, better; MIGO 0.45%
Fund size: DYNF $41.8B; MIGO $731M
1Y total return: DYNF +10.7%; MIGO No data
Yield (12M): DYNF 0.84%; MIGO No data
Holdings: DYNF 264; MIGO 50
Avg volume (30D): DYNF 2.25M sh, better; MIGO 13.3K sh
NAV per share: DYNF $67.32; MIGO $28.19
52W range

ETF.net Grade

Pillar letters and Scores for DYNF, MIGO, with each pillar’s weight
Pillar	DYNF	MIGO
Cost30% weight	A86Higher	A71
Mission25% weight	Not scored	Not scored
Risk15% weight	A71Higher	D37
Tradability15% weight	A99Higher	B67
Holdings10% weight	B65Higher	C46
Durability5% weight	A97Higher	B60

Rank among US Active Equity funds

How we build Categories ›

Same Category. DYNF and MIGO 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 MIGO 44th 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 4AFELCFidelity Enhanced Large Cap Core ETFScore 83
Rank 44BJHDGJohn Hancock Hedged Equity ETFScore 59
Rank 44BMIGOMIG Core ETFScore 59
Rank 44BXCHGAb US Equity ETFScore 59

Our read on each fund

ETF.net Research

DYNFAiShares U.S. Equity Factor Rotation Active ETF

MIGOBMIG Core 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.

MIGO 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.

MIGO 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.

MIGO 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.

MIGO No data

Full DYNF profile⁠

Full MIGO profile⁠

DYNF vs MIGO Holdings

How DYNF and MIGO differ

Overlap by weight

21.0%

Shared holdings make up 36.8% of MIGO and 30.6% of DYNF.

Level by level

Holdings22 in both21.0%
Countryby domicile93.6%
Asset classEquity100%

Sector

No Sector split for MIGO.

Country, concentration and asset class

Country by domicile

Country weights in DYNF and MIGO, widest gap first
Country	More in DYNFMore in MIGO	DYNF	MIGO
United States	DYNF +6.4 points	100.0%	93.6%
Taiwan	MIGO +3.4 points	0.0%	3.4%
Canada	MIGO +1.2 points	0.0%	1.2%
Other countries (17)	MIGO +1.7 points	0.0%	1.7%

Concentration

Weight in the 10 largest Holdings

DYNF40.4%
MIGO52.3%

Securities held

DYNF262
MIGO49

Asset class

DYNF: Equity
MIGO: Equity

Holdings

Only in DYNF240
In both22
Only in MIGO27

Only in DYNF

240 securities, 69.1% of DYNF by weight

Apple8.27%
JPMorgan Chase & Co3.39%
Exxonmobil Holdings Corp3.18%
Bank of America2.13%
Alphabet Class A2.07%
Johnson & Johnson2.04%
Tesla Inc1.72%
Chevron1.71%
Travelers Companies1.60%
Salesforce1.57%
Cisco Systems Inc1.54%
Advanced Micro Devices1.54%
Citigroup1.35%
Caterpillar Inc1.31%
Parker-Hannifin1.28%
Walmart1.14%
Allstate Corp1.14%
Rtx1.12%
Duke Energy Corp1.07%
Berkshire Hathaway Inc Class B1.06%
Goldman Sachs Group1.05%
Welltower0.92%
Verizon Communications Inc0.75%
Realty Income Reit0.73%
Palantir Technologies Class A0.73%
Netflix0.71%
Cme Group Class A0.71%
Thermo Fisher Scientific0.66%
AT&T0.64%
American International Group0.62%
Newmont0.62%
Space Exploration Technologies Cor0.58%
Hartford Insurance Group0.57%
Deere0.55%
Gilead Sciences0.54%
Trane Technologies PLC0.51%
Ge Vernova0.51%
Nextera Energy0.51%
AbbVie0.49%
Ge Aerospace0.48%
UnitedHealth Group0.47%
Valero Energy Corp0.47%
Intel Corporation0.46%
Eaton PLC0.43%
Visa Class A0.42%
Booking Holdings0.38%
Servicenow0.35%
Corning0.33%
Medtronic PLC0.33%
Progressive0.32%

Only in MIGO

27 securities, 63.2% of MIGO by weight

Vanguard S&P 500 Etf20.49%
Invesco Qqq Trust Series 14.92%
Ss Spdr Nyse Tech Etf4.19%
Vaneck Semiconductor Etf3.74%
Ishares Expanded3.09%
Taiwan Semiconductor-Sp Adr2.80%
Amplify Cybersecurity Etf2.72%
Sotera Health Co2.45%
Credit Acceptance Corp1.99%
Advanced Drainage Systems In1.96%
Knife River Corp1.63%
Inv Phlx Semi1.57%
First Tr Ncesgii1.23%
Everpure Inc.1.04%
Blackstone Inc.1.03%
Ares Management Corp1.02%
Zscaler Inc0.96%
Shopify Inc0.96%
Rubrik Inc-A0.95%
Td Synnex Corp0.89%
Gmr Solutions Inc-A0.88%
Kla Corp0.70%
Ecolab Inc0.60%
Spotify Technology S.a.0.42%
Regal Rexnord Corp0.37%
Jabil Inc0.37%
Jersey Mike's Su0.23%

Weight gaps

All 22 Holdings in both funds, largest gap first.

Holding weights in DYNF and MIGO, widest gap first
Holding	More in DYNFMore in MIGO	DYNF	MIGO
NVIDIANVDA	DYNF +7.21 points	7.83%	0.62%
Dexcom IncDXCM	MIGO +2.95 points	0.02%	2.97%
Celsius HoldingsCELH	MIGO +2.54 points	<0.01%	2.55%
Amazon.com IncAMZN	DYNF +1.28 points	4.00%	2.72%
Broadcom IncAVGO	MIGO +1.18 points	2.40%	3.58%
MicrosoftMSFT	DYNF +1.04 points	4.78%	3.74%
Seagate Technology Holdings PLCSTX	MIGO +0.99 points	0.21%	1.20%
Micron TechnologyMU	MIGO +0.99 points	1.70%	2.69%
Mongodb Class AMDB	MIGO +0.84 points	0.03%	0.87%
Datadog Inc Class ADDOG	MIGO +0.81 points	0.08%	0.89%
CoherentCOHR	MIGO +0.81 points	0.04%	0.85%
Palo Alto NetworksPANW	MIGO +0.74 points	0.25%	0.99%
Western Digital CorpWDC	MIGO +0.73 points	0.40%	1.13%
Alphabet Class CGOOG	MIGO +0.61 points	1.71%	2.32%
Eli LillyLLY	MIGO +0.59 points	1.52%	2.11%
CienaCIEN	MIGO +0.55 points	0.06%	0.61%
SnowflakeSNOW	MIGO +0.54 points	0.11%	0.65%
Reddit Class ARDDT	MIGO +0.44 points	0.02%	0.46%
Meta Platforms Class AMETA	MIGO +0.36 points	2.37%	2.73%
Amphenol Corp Class AAPH	MIGO +0.10 points	0.70%	0.80%
Applied Material IncAMAT	MIGO +0.04 points	1.05%	1.09%
Lam ResearchLRCX	DYNF +0.02 points	1.26%	1.24%

All 262 DYNF holdings⁠All 49 MIGO 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 MIGO Cost

Overpaying MIGO vs DYNF

$3,683

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

DYNF 0.26%
$5,358
MIGO 0.45%
$9,041

Amount$10,000

Years30 years

Cost over time

DYNF 0.26%
MIGO 0.45%
Overpaying

Year by year

Year	DYNF	MIGO	Overpaying
10	$473	$812	$339
20	$1,838	$3,128	$1,290
30	$5,358	$9,041	$3,683

Expense ratio

0.26%DYNF, cheaper
0.45%MIGO

DYNF0.26%MIGO0.45%

0.00%2.89%

Middle half of US Active Equity funds
Median 0.68%

DYNF 18th cheapest of 121 funds

MIGO 34th cheapest of 121 funds

DYNF vs MIGO Dividends

Last 12 months to Nov 2, 2026

Yield (12M): DYNF 0.84%; MIGO No data
Payout (12M): DYNF $0.56; MIGO None
Last payment: DYNF $0.14; MIGO No data
Ex-dividend: DYNF Sep 15, 2026; MIGO No data
Paid on: DYNF Sep 18, 2026; MIGO No data
Frequency: DYNF Quarterly; MIGO No data

Distribution history

Per share, 2019 to 2026, same scale for both

DYNFQuarterly · 30 paymentsAll DYNF payments⁠

MIGOAll MIGO payments⁠

No distribution history available.

DYNF vs MIGO 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%MIGO No data
Return per unit of riskSharpe ratio, 3 years: DYNF 1.55MIGO No data
Worst fallMax drawdown, 5 years: DYNF −26.9%MIGO No data
Market sensitivityBeta, 5 years: DYNF 1.02MIGO 1.68; Market = 1

DYNF and MIGO in the news

All news⁠

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

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DYNF vs MIGO

In short

Stated mandate

Why people hold it

Worth knowing

How DYNF and MIGO differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in DYNF

Only in MIGO

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