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FQAL vs DFAC

Fidelity Quality Factor ETF vs Dimensional U.S. Core Equity 2 ETF

FQAL

Fidelity Quality Factor ETF

Annual cost

0.15%

Fund size

$1.4B

DFAC

Dimensional U.S. Core Equity 2 ETF

Annual cost

0.17%

Fund size

$46.7B

Key differences

Both FQAL and DFAC are equity ETFs. FQAL charges 0.15% a year and DFAC 0.17%. The main difference: FQAL follows a index tracking strategy; DFAC uses active selection.

  • FQAL follows a index tracking strategy; DFAC uses active selection.
  • DFAC is much larger than FQAL. Larger funds are usually more liquid and less likely to close.
  • DFAC has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FQALDFAC
Annual cost (TER)0.15%0.17%
Fund size (AUM)$1.4B$46.7B
Since20162007
Dividend yield1.12%0.91%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingactive selection
CAGR 1Y+19.2%+26.9%
CAGR 3Y+20.5%+21.1%
CAGR 5Y+12.1%N/A
Sharpe 3Y1.161.11
Volatility 1Y11.39%12.39%
Max drawdown-33.71%-23.11%

Similar to FQAL and DFAC