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FQAL vs DFAU

Fidelity Quality Factor ETF vs Dimensional US Core Equity Market ETF

FQAL

Fidelity Quality Factor ETF

Annual cost

0.15%

Fund size

$1.4B

DFAU

Dimensional US Core Equity Market ETF

Annual cost

0.12%

Fund size

$12.2B

Key differences

Both FQAL and DFAU are equity ETFs. FQAL charges 0.15% a year and DFAU 0.12%. The main difference: FQAL follows a index tracking strategy; DFAU uses active selection.

  • FQAL follows a index tracking strategy; DFAU uses active selection.
  • DFAU is much larger than FQAL. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, DFAU has delivered higher annualized returns.

Side-by-side comparison

FQALDFAU
Annual cost (TER)0.15%0.12%
Fund size (AUM)$1.4B$12.2B
Since20162020
Dividend yield1.12%0.90%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingactive selection
CAGR 1Y+19.2%+25.7%
CAGR 3Y+20.5%+21.9%
CAGR 5Y+12.1%+12.7%
Sharpe 3Y1.161.15
Volatility 1Y11.39%12.35%
Max drawdown-33.71%-23.61%

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