DFAT
Dimensional US Targeted Value ETF · Dimensional
US Broad Market
1Y Return
+25.4%
Expense Ratio
0.28%
AUM
$14B
Dividend Yield
1.30%
Avg Annual Growth (Since Inception)
+7.8%
Issuer
Dimensional Fund Advisors

Overview

Deep small- and mid-cap value from Dimensional — cheap, profitable smaller companies weighted more aggressively than plain value indexes dare.

Top Holdings

TickerHoldingWeight
EQTEQT Corp.0.8%
JXNJackson Financial0.7%
THCTenet Healthcare0.7%
AALAmerican Airlines0.6%
CNXCNX Resources0.6%
GAPGap Inc.0.6%
CMAComerica Inc.0.5%
RGAReinsurance Group0.5%
ARAntero Resources0.5%
FNFFidelity National Fin.0.5%

Fund Details

Benchmark
Russell 2500 Value
# Holdings
~1,000
Inception
Jun 2021
Exchange
NYSE Arca
Structure
Active ETF
Distribution
Quarterly
Avg Annual Growth (Since Inception)
+7.8%
Avg Annual Yield (Since Inception)
1.42%

Investment Thesis

DFAT is Dimensional's strongest expression of the size and value premiums in US stocks — a strategy that traces to the firm's founding research and ran as a mutual fund since 1998 before converting to this ETF. It competes head-on with AVUV (built by Dimensional alumni) with a broader, slightly less concentrated book. The +25% trailing year shows what the small-value cycle looks like when it turns.

Who It's For

Factor investors sizing a deliberate small/mid-value tilt with a manager that has run the strategy for a quarter century. Comparable to AVUV — many evidence-based portfolios simply hold both.

10-Year History

Annual Closing Price
YearClose% Chg
2016----
2017----
2018----
2019----
2020----
2021$46.72--
2022$43.45-7.0%
2023$51.71+19.0%
2024$56.36+9.0%
2025$62.00+10.0%
Annual Dividend Yield
YearYield
2016--
2017--
2018--
2019--
2020--
20211.30%
20221.60%
20231.50%
20241.40%
20251.30%
Annual AUM
YearAUM% Chg
2016----
2017----
2018----
2019----
2020----
2021$6B--
2022$7B+16.7%
2023$8B+14.3%
2024$10B+25.0%
2025$12B+20.0%

Historical figures are ETFHub estimates modelled from asset-class return patterns and may differ from official fund records. Data as of August 2026.

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