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SMLF vs DFAS

iShares U.S. Small-Cap Equity Factor ETF vs Dimensional U.S. Small Cap ETF

SMLF

iShares U.S. Small-Cap Equity Factor ETF

iShares

Annual cost

0.15%

Fund size

$3.6B

DFAS

Dimensional U.S. Small Cap ETF

Dimensional Fund Advisors

Annual cost

0.26%

Fund size

$14.0B

Key differences

  • SMLF costs 0.11% less per year.
  • DFAS is significantly larger than SMLF — larger funds tend to be more liquid and less likely to close.
  • SMLF follows a index tracking strategy; DFAS uses active selection.
  • Over the last 3 years, SMLF has delivered higher annualized returns.
  • DFAS has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

SMLFDFAS
Annual cost (TER)0.15%0.26%
Fund size (AUM)$3.6B$14.0B
Since20151998
Dividend yield1.07%0.94%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingactive selection
CAGR 1Y+31.5%+28.6%
CAGR 3Y+20.4%+15.9%
CAGR 5Y+10.7%N/A
Sharpe 3Y0.860.67
Volatility 1Y17.32%16.89%
Max drawdown-41.89%-26.13%

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

Similar to SMLF and DFAS