DFA Lists 3 New ETFs

News February 24, 2022 at 02:31 PM
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Dimensional Fund Advisors, the advisor-focused investment firm managing $679 billion in assets, has added three new U.S. equity ETFs to its stable.

These ETFs will offer exposure to the U.S. small-cap value and U.S. real estate markets, along with "high-profitability" stocks, the company announced Thursday. DFA is the largest asset manager of active ETFs.

"These areas of the market are core to our expertise, as Dimensional has been researching and managing small cap value, high profitability, and real estate strategies for decades," said Dimensional co-CEO and Chief Investment Officer Gerard O'Reilly, in a statement.

The three new ETFs are:

  • Dimensional US Small Cap Value ETF (DFSV), with  0.28% fee, a 0.33% operating expense and a net expense ratio of 0.31%.
  • Dimensional US High Profitability ETF (DUHP), with a 0.19% fee, a 0.24% operating expense and a net expense ratio of 0.22%.
  • Dimensional US Real Estate ETF (DFAR), with a 0.17% fee, a 0.22% operating expense and a net expense ratio of 0.19%.

The firm already has 13 active transparent ETFs with approximately $45 billion in assets, according to DFA. This release is part of a previously announced plan to list 10 additional equity ETFs and make another mutual fund-to-ETF conversion in 2022.

In November 2021, the firm launched four fixed income ETFs, which surpassed $1 billion in assets after two months of trading, according to DFA.

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