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FMCX vs DFAT

FM Focus Equity ETF vs Dimensional U.S. Targeted Value ETF

FMCX

FM Focus Equity ETF

First Manhattan Co.

Annual cost

0.71%

Fund size

$115M

DFAT

Dimensional U.S. Targeted Value ETF

Dimensional Fund Advisors

Annual cost

0.28%

Fund size

$13.7B

Key differences

  • DFAT costs 0.43% less per year.
  • DFAT is significantly larger than FMCX — larger funds tend to be more liquid and less likely to close.
  • DFAT has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FMCXDFAT
Annual cost (TER)0.71%0.28%
Fund size (AUM)$115M$13.7B
Since20221998
Dividend yield0.34%1.45%
Asset classequityequity
Regionnorth americanorth america
Strategyactive selectionactive selection
CAGR 1Y+18.7%+31.8%
CAGR 3Y+17.2%+17.6%
CAGR 5YN/AN/A
Sharpe 3Y0.950.73
Volatility 1Y12.96%16.98%
Max drawdown-17.70%-26.12%

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

Similar to FMCX and DFAT