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RFLR vs DFAS

Innovator U.S. Small Cap Managed Floor ETF vs Dimensional U.S. Small Cap ETF

RFLR

Innovator U.S. Small Cap Managed Floor ETF

Annual cost

0.89%

Fund size

$77M

DFAS

Dimensional U.S. Small Cap ETF

Annual cost

0.26%

Fund size

$14.0B

Key differences

  • DFAS costs 0.63% less per year.
  • DFAS is significantly larger than RFLR — larger funds tend to be more liquid and less likely to close.
  • RFLR is classified as alternative, while DFAS is equity — different risk/return profiles.
  • RFLR follows a structured outcome strategy; DFAS uses active selection.
  • DFAS has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

RFLRDFAS
Annual cost (TER)0.89%0.26%
Fund size (AUM)$77M$14.0B
Since20241998
Dividend yield0.63%0.94%
Asset classalternativeequity
Regionnorth americanorth america
Strategystructured outcomeactive selection
CAGR 1Y+28.8%+31.2%
CAGR 3YN/A+16.5%
CAGR 5YN/AN/A
Sharpe 3YN/A0.70
Volatility 1Y12.29%16.95%
Max drawdown-15.48%-26.13%

Similar to RFLR and DFAS