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FPAG vs DFAX

FPA Global Equity ETF vs Dimensional World ex U.S. Core Equity 2 ETF

FPAG

FPA Global Equity ETF

Annual cost

0.49%

Fund size

$517M

DFAX

Dimensional World ex U.S. Core Equity 2 ETF

Annual cost

0.28%

Fund size

$12.1B

Key differences

Both FPAG and DFAX are equity ETFs. FPAG charges 0.49% a year and DFAX 0.28%. The main difference: FPAG follows a index tracking strategy; DFAX uses active selection.

  • FPAG follows a index tracking strategy; DFAX uses active selection.
  • FPAG covers global markets; DFAX covers global markets excluding the US.
  • DFAX costs 0.21% less per year.
  • DFAX is much larger than FPAG. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, FPAG has delivered higher annualized returns.
  • DFAX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FPAGDFAX
Annual cost (TER)0.49%0.28%
Fund size (AUM)$517M$12.1B
Since20212008
Dividend yield1.40%2.21%
Asset classequityequity
Regionglobalglobal ex us
Strategyindex trackingactive selection
CAGR 1Y+22.7%+30.1%
CAGR 3Y+21.5%+20.4%
CAGR 5YN/AN/A
Sharpe 3Y1.051.09
Volatility 1Y14.85%15.34%
Max drawdown-28.43%-28.15%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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