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DFNM vs DFCF

Dimensional National Municipal Bond ETF vs Dimensional Core Fixed Income ETF

DFNM

Dimensional National Municipal Bond ETF

Dimensional Fund Advisors

Annual cost

0.17%

Fund size

$2.1B

DFCF

Dimensional Core Fixed Income ETF

Dimensional Fund Advisors

Annual cost

0.17%

Fund size

$10.1B

Key differences

  • DFCF is significantly larger than DFNM — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, DFCF has delivered higher annualized returns.

Side-by-side comparison

DFNMDFCF
Annual cost (TER)0.17%0.17%
Fund size (AUM)$2.1B$10.1B
Since20212021
Dividend yield2.92%4.43%
Asset classfixed incomefixed income
Regionnorth america
Strategyactive selectionactive selection
CAGR 1Y+4.9%+6.6%
CAGR 3Y+3.2%+4.5%
CAGR 5YN/AN/A
Sharpe 3Y-0.160.19
Volatility 1Y1.77%4.04%
Max drawdown-6.99%-19.56%

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

Similar to DFNM and DFCF