DYNF vs SOVF: Grades, Fees and Holdings Compared

iShares U.S. Equity Factor Rotation Active ETF

DYNFANYSE Arca

Sovereign's Capital Flourish Fund

SOVFCNYSE Arca

Overlap

4.1%by weight

Expense ratio

DYNF −0.49pt a year

DYNF0.26%SOVF0.75%

Avg volume · 30D

DYNF 208.6×the volume

DYNF2.25MSOVF10.8K

3Y return · a year

DYNF +16.8pt

DYNF+26.7%SOVF+9.9%

DYNF vs SOVF Performance

Oct 31, 2025 – Oct 30, 2026

+11.6%DYNF+11.2%SOVF

Expense ratio: DYNF 0.26%, better; SOVF 0.75%
Fund size: DYNF $41.8B; SOVF $90M
1Y total return: DYNF +11.6%, better; SOVF +11.2%
Yield (12M): DYNF 0.84%, better; SOVF 0.71%
Holdings: DYNF 264; SOVF 81
Avg volume (30D): DYNF 2.25M sh, better; SOVF 10.8K sh
NAV per share: DYNF $67.32; SOVF $31.65
52W range

ETF.net Grade

Pillar letters and Scores for DYNF, SOVF, with each pillar’s weight
Pillar	DYNF	SOVF
Cost30% weight	A86Higher	D36
Mission25% weight	Not scored	Not scored
Risk15% weight	A71Higher	D30
Tradability15% weight	A99Higher	C48
Holdings10% weight	B65	A72Higher
Durability5% weight	A97Higher	C51

Rank among US Active Equity funds

How we build Categories ›

Same Category. DYNF and SOVF 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 SOVF 77th 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 77CEDGU3EDGE Dynamic US Equity ETFScore 43
Rank 77CSOVFSovereign's Capital Flourish FundScore 43
Rank 77CTOSTwin Oak Strategic Solutions ETFScore 43

Our read on each fund

ETF.net Research

DYNFAiShares U.S. Equity Factor Rotation Active ETF

SOVFCSovereign's Capital Flourish Fund

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.

SOVF 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.

SOVF 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.

SOVF 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.

SOVF No data

Full DYNF profile⁠

Full SOVF profile⁠

DYNF vs SOVF Holdings

How DYNF and SOVF differ

Overlap by weight

4.1%

Shared holdings make up 23.4% of SOVF and 5.0% of DYNF.

Level by level

Holdings18 in both4.1%
Sector11 Sectors82.9%
Countryby domicile99.5%
Asset classEquity100%

Sector

Sector weights in DYNF and SOVF, widest gap first
Sector	More in DYNFMore in SOVF	DYNF	SOVF
Communication	DYNF +8.5 points	9.6%	1.1%
Energy	DYNF +5.0 points	5.3%	0.3%
Consumer Staples	SOVF +5.0 points	2.2%	7.2%
Industrials	SOVF +4.4 points	8.0%	12.4%
Utilities	SOVF +2.7 points	1.8%	4.5%
Financials	SOVF +2.4 points	15.4%	17.8%
Consumer Discretionary	DYNF +2.2 points	7.0%	4.8%
Real Estate	SOVF +1.4 points	2.0%	3.4%
Health Care	SOVF +1.2 points	7.7%	8.9%
Materials	DYNF +0.9 points	0.9%	0.0%
Technology	DYNF +0.4 points	39.9%	39.5%

Country, concentration and asset class

Country by domicile

Country weights in DYNF and SOVF, widest gap first
Country	More in DYNFMore in SOVF	DYNF	SOVF
United States	DYNF +0.5 points	100.0%	99.5%
Canada	SOVF +0.5 points	0.0%	0.5%

Concentration

Weight in the 10 largest Holdings

DYNF40.4%
SOVF37.4%

Securities held

DYNF262
SOVF80

Asset class

DYNF: Equity
SOVF: Equity

Holdings

Only in DYNF244
In both18
Only in SOVF62

Only in DYNF

244 securities, 94.7% of DYNF by weight

Apple8.27%
NVIDIA7.83%
Microsoft4.78%
Amazon.com Inc4.00%
JPMorgan Chase & Co3.39%
Exxonmobil Holdings Corp3.18%
Broadcom Inc2.40%
Meta Platforms Class A2.37%
Bank of America2.13%
Alphabet Class A2.07%
Johnson & Johnson2.04%
Tesla Inc1.72%
Chevron1.71%
Alphabet Class C1.71%
Micron Technology1.70%
Travelers Companies1.60%
Salesforce1.57%
Advanced Micro Devices1.54%
Eli Lilly1.52%
Citigroup1.35%
Caterpillar Inc1.31%
Parker-Hannifin1.28%
Lam Research1.26%
Allstate Corp1.14%
Rtx1.12%
Duke Energy Corp1.07%
Berkshire Hathaway Inc Class B1.06%
Applied Material Inc1.05%
Goldman Sachs Group1.05%
Welltower0.92%
Verizon Communications Inc0.75%
Realty Income Reit0.73%
Palantir Technologies Class A0.73%
Netflix0.71%
Amphenol Corp Class A0.70%
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%
AbbVie0.49%
Ge Aerospace0.48%
UnitedHealth Group0.47%
Valero Energy Corp0.47%
Intel Corporation0.46%

Only in SOVF

62 securities, 76.6% of SOVF by weight

Paycom Software Inc5.83%
Repay Holdings Corp4.25%
Option Care Health Inc3.95%
SPS Commerce Inc3.43%
Grand Canyon Education Inc3.41%
Vistra Corp2.96%
Euronet Worldwide Inc2.77%
Paylocity Holding Corp2.69%
American Financial Group Inc/O2.59%
Arthur J Gallagher & Co2.40%
Primerica Inc2.36%
Alkami Technology Inc2.36%
SiteOne Landscape Supply Inc2.22%
Diodes Inc2.18%
LCI Industries1.94%
LPL Financial Holdings Inc1.84%
Flywire Corp1.77%
CBRE Group Inc1.76%
Fiserv Inc1.59%
Raymond James Financial Inc1.52%
Fidelity National Information1.41%
Triumph Financial Inc1.38%
Insperity Inc1.34%
AZZ Inc1.27%
H&R Block Inc1.09%
CSW Industrials Inc0.96%
S&P Global Inc0.96%
Coca-Cola Consolidated Inc0.88%
DoubleVerify Holdings Inc0.87%
US Physical Therapy Inc0.80%
NetApp Inc0.78%
Westrock Coffee Co0.76%
Copart Inc0.76%
Kforce Inc0.75%
Fastenal Co0.65%
US Foods Holding Corp0.62%
JB Hunt Transport Services Inc0.52%
Erie Indemnity Co0.51%
Waste Connections Inc0.51%
Douglas Dynamics Inc0.50%
Miller Industries Inc/TN0.49%
Greif Inc0.47%
Sba Communications Corp Class A0.44%
Camden Property Trust0.43%
Tyson Foods Inc0.40%
Fermi Inc0.38%
Invesco Government & Agency Portfolio Inst0.37%
Lincoln Electric Holdings Inc0.29%
Sprouts Farmers Market Inc0.27%
J & J Snack Foods Corp0.27%

Weight gaps

All 18 Holdings in both funds, largest gap first.

Holding weights in DYNF and SOVF, widest gap first
Holding	More in DYNFMore in SOVF	DYNF	SOVF
Molina Healthcare IncMOH	SOVF +4.30 points	0.00%	4.30%
QualcommQCOM	SOVF +3.69 points	0.10%	3.79%
ProgressivePGR	SOVF +2.34 points	0.32%	2.66%
United Parcel Service Inc Class BUPS	SOVF +2.15 points	0.01%	2.16%
Automatic Data Processing IncADP	SOVF +1.74 points	<0.01%	1.74%
Arista NetworksANET	SOVF +1.32 points	0.06%	1.38%
Nextera EnergyNEE	SOVF +0.87 points	0.51%	1.38%
WalmartWMT	DYNF +0.77 points	1.14%	0.37%
Charles SchwabSCHW	SOVF +0.66 points	0.18%	0.84%
Api GroupAPG	SOVF +0.52 points	<0.01%	0.52%
Oreilly Automotive IncORLY	SOVF +0.51 points	0.00%	0.51%
Zimmer Biomet HoldingsZBH	SOVF +0.40 points	0.00%	0.40%
ServicenowNOW	SOVF +0.37 points	0.35%	0.72%
HubspotHUBS	SOVF +0.14 points	0.04%	0.18%
ApaAPA	SOVF +0.12 points	0.00%	0.12%
Cme Group Class ACME	SOVF +0.10 points	0.71%	0.81%
Cisco Systems IncCSCO	DYNF +0.10 points	1.54%	1.44%
Devon EnergyDVN	SOVF +0.07 points	0.02%	0.09%

All 262 DYNF holdings⁠All SOVF 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 SOVF Cost

Overpaying SOVF vs DYNF

$9,124

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

DYNF 0.26%
$5,358
SOVF 0.75%
$14,482

Amount$10,000

Years30 years

Cost over time

DYNF 0.26%
SOVF 0.75%
Overpaying

Year by year

Year	DYNF	SOVF	Overpaying
10	$473	$1,336	$863
20	$1,838	$5,078	$3,240
30	$5,358	$14,482	$9,124

Expense ratio

0.26%DYNF, cheaper
0.75%SOVF

DYNF0.26%SOVF0.75%

0.00%2.89%

Middle half of US Active Equity funds
Median 0.68%

DYNF 18th cheapest of 121 funds

SOVF 72nd cheapest of 121 funds

DYNF vs SOVF Dividends

Last 12 months to Oct 30, 2026

Yield (12M): DYNF 0.84%, better; SOVF 0.71%
Payout (12M): DYNF $0.56; SOVF $0.23
Last payment: DYNF $0.14; SOVF $0.23
Ex-dividend: DYNF Sep 15, 2026; SOVF Dec 30, 2025
Paid on: DYNF Sep 18, 2026; SOVF Dec 31, 2025
Frequency: DYNF Quarterly; SOVF Annual

Distribution history

Per share, 2019 to 2026, same scale for both

DYNFQuarterly · 30 paymentsAll DYNF payments⁠

SOVFAnnual · 3 paymentsAll SOVF payments⁠

DYNF vs SOVF 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%, betterSOVF 17.3%
Return per unit of riskSharpe ratio, 3 years: DYNF 1.55, betterSOVF 0.37
Worst fallMax drawdown, 5 years: DYNF −26.9%SOVF −21.8%since Oct 2023
Market sensitivityBeta, 5 years: DYNF 1.02SOVF 0.94; Market = 1

DYNF and SOVF in the news

All news⁠

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

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DYNF vs SOVF

In short

Stated mandate

Why people hold it

Worth knowing

How DYNF and SOVF differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in DYNF

Only in SOVF

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