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FLMI vs DFCA

Franklin Dynamic Municipal Bond ETF vs Dimensional California Municipal Bond ETF

FLMI

Franklin Dynamic Municipal Bond ETF

Franklin Templeton Investments

Annual cost

0.30%

Fund size

$2.0B

DFCA

Dimensional California Municipal Bond ETF

Dimensional Fund Advisors

Annual cost

0.19%

Fund size

$678M

Key differences

  • DFCA costs 0.11% less per year.
  • FLMI follows a active selection strategy; DFCA uses index tracking.
  • FLMI has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FLMIDFCA
Annual cost (TER)0.30%0.19%
Fund size (AUM)$2.0B$678M
Since20172023
Dividend yield3.91%2.75%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+7.0%+4.1%
CAGR 3Y+5.4%N/A
CAGR 5Y+2.0%N/A
Sharpe 3Y0.40N/A
Volatility 1Y3.11%1.78%
Max drawdown-14.86%-3.28%

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

Similar to FLMI and DFCA