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DFNM vs TAXF

Dimensional National Municipal Bond ETF vs American Century Diversified Municipal Bond ETF

DFNM

Dimensional National Municipal Bond ETF

Dimensional Fund Advisors

Annual cost

0.17%

Fund size

$2.1B

TAXF

American Century Diversified Municipal Bond ETF

American Century Investments

Annual cost

0.27%

Fund size

$627M

Key differences

  • DFNM costs 0.10% less per year.
  • DFNM is significantly larger than TAXF — larger funds tend to be more liquid and less likely to close.

Side-by-side comparison

DFNMTAXF
Annual cost (TER)0.17%0.27%
Fund size (AUM)$2.1B$627M
Since20212018
Dividend yield2.92%3.82%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionactive selection
CAGR 1Y+4.9%+7.0%
CAGR 3Y+3.2%+3.6%
CAGR 5YN/A+0.9%
Sharpe 3Y-0.160.03
Volatility 1Y1.77%3.09%
Max drawdown-6.99%-13.94%

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

Similar to DFNM and TAXF