DYNF vs PEXL

DYNFAiShares U.S. Equity Factor Rotation Active ETF

PEXLBPacer US Export Leaders 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.

PEXL American companies, foreign paychecks. PEXL screens the S&P 900 for the firms selling most abroad, then ranks on free cash flow margin: overseas revenue exposure bought through US-listed stocks, for 0.49% with no 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.

PEXL The fund screens the S&P 900 for 100 large- and mid-capitalization U.S. companies with substantial foreign sales and high free-cash-flow margins, seeking to participate in global growth.

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.

• PEXL The screen is the whole thesis: take the S&P 900, keep the 200 with the highest share of sales overseas, then rank those on free cash flow margin and hold about 100.paceretfs.com
• Market-cap weighted with a 5% cap per name and rebalanced quarterly, so one runaway exporter can only get so big before the screen trims it.paceretfs.compaceretfs.com 2
• At 0.49% with no waiver attached, the fee sits below the median for its active US equity peer group, and the number does not reset on a waiver expiry date.
• Running since 2018 and sitting in the upper half of its US equity peer group, with cash paid out quarterly.

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.

• PEXL Thinly traded and a smaller fund, so spreads and order size matter more here than in the giants of the category.
• Broad US core peers cost less: DFAU at 0.12% and AVLC at 0.15% versus 0.49% here.
• A portfolio built on overseas revenue moves with tariffs, trade policy and the dollar, and the screen only refreshes at each quarterly rebalance.paceretfs.com

Full DYNF profile⁠

Full PEXL profile⁠