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DFAS vs SMLF

Dimensional U.S. Small Cap ETF vs iShares U.S. Small-Cap Equity Factor ETF

DFAS

Dimensional U.S. Small Cap ETF

Dimensional Fund Advisors

Annual cost

0.26%

Fund size

$14.0B

SMLF

iShares U.S. Small-Cap Equity Factor ETF

iShares

Annual cost

0.15%

Fund size

$3.6B

Key differences

  • SMLF costs 0.11% less per year.
  • DFAS is significantly larger than SMLF — larger funds tend to be more liquid and less likely to close.
  • DFAS follows a active selection strategy; SMLF uses index tracking.
  • Over the last 3 years, SMLF has delivered higher annualized returns.
  • DFAS has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

DFASSMLF
Annual cost (TER)0.26%0.15%
Fund size (AUM)$14.0B$3.6B
Since19982015
Dividend yield0.94%1.07%
Asset classequityequity
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+28.6%+31.5%
CAGR 3Y+15.9%+20.4%
CAGR 5YN/A+10.7%
Sharpe 3Y0.670.86
Volatility 1Y16.89%17.32%
Max drawdown-26.13%-41.89%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to DFAS and SMLF