DFCA Dimensional - California Municipal Bond ETF
Quote as of Oct 09, 2026 19:59 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 47.66 | Day Range | 47.71 – 47.87 |
| 52-Week Range | 47.30 – 50.78 | Volume | 231.87K |
| Avg Volume | 205.37K | AUM | $519.3M (Oct 10, 2026) |
| Expense Ratio | 0.19% | Yield (TTM) | 2.88% |
| NAV | 47.87 | Premium/Discount | -0.09% indicative |
| Inception | Jun 26, 2023 | Holdings | 324 |
| Issuer | Dimensional | Exchange | AMEX |
| Category | Municipal Bonds | Index Tracked | Not stated in source data |
| CUSIP | 25434V633 | ISIN | US25434V6332 |
| Management | Not stated in source data | ||
About this ETF
This fund aims to achieve its investment objective by primarily investing in high-quality municipal debt. The income generated from these holdings is exempt from both regular federal income tax and California's state personal income tax. Additionally, the portfolio may employ exchange-traded funds (ETFs) to secure exposure to the municipal bond market during periods when direct investments in municipal bonds are awaiting acquisition.
Description from the fund data provider · profile as of Oct 10, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | -2.27% | -4.51% | -4.63% | -4.49% | -4.23% | -0.71% | — | — | -1.39% |
| Total return | -2.27% | -4.30% | -3.78% | -3.14% | -2.03% | +1.99% | — | — | +1.17% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Oct 09, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.19% | Annual cost of a $10,000 investment | $19.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings as of Oct 10, 2026 · portfolio reporting date from the data provider; holdings are not live positions. 416 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | CALIFORNI 5.% 04/01/35 | — | 2.10% | 10.57M | $10.8M |
| 2 | LOS ANG 5% 06/30/27 | — | 1.66% | 8.43M | $8.5M |
| 3 | CALIFORNI 5.% 10/01/42 | — | 1.25% | 6.33M | $6.4M |
| 4 | LOS ANGEL 5.% 07/01/30 | — | 1.25% | 6.07M | $6.4M |
| 5 | SAN FRA 5% 08/01/28 | — | 1.24% | 6.18M | $6.4M |
| 6 | SAN FRA 5% 08/01/28 | — | 1.21% | 6.03M | $6.2M |
| 7 | CALIFORNIA STWIDE 1/7/27 | — | 1.07% | 5.50M | $5.5M |
| 8 | SAN FRANC 5.% 08/01/43 | — | 0.99% | 5.00M | $5.1M |
| 9 | CALIFORNIA ST 2.4 1/5/27 | — | 0.97% | 5.00M | $5.0M |
| 10 | CALIFORNI 4.% 11/01/36 | — | 0.96% | 5.25M | $4.9M |
| 11 | LOS ANGELES 5% 07/01/2043 | — | 0.96% | 4.86M | $4.9M |
| 12 | CALIFORNI 5.% 11/15/43 | — | 0.90% | 4.67M | $4.6M |
| 13 | LOS ANGEL 4.% 11/01/34 | — | 0.90% | 4.61M | $4.6M |
| 14 | SANTA CRUZ 5% 06/30/27 | — | 0.89% | 4.50M | $4.6M |
| 15 | UNIV OF CALIF 5% 05/15/41 | — | 0.88% | 4.47M | $4.5M |
| 16 | CALIFORNI 5.% 03/01/38 | — | 0.84% | 4.08M | $4.3M |
| 17 | CALIFORNI 5.% 08/01/42 | — | 0.82% | 4.12M | $4.2M |
| 18 | CALIFORNI 5.% 03/01/28 | — | 0.80% | 4.03M | $4.1M |
| 19 | SAN FRA 5% 04/01/41 | — | 0.80% | 4.00M | $4.1M |
| 20 | CALIFORNI 5.% 09/01/43 | — | 0.77% | 3.88M | $3.9M |
| 21 | CA ST PUB 5.% 09/01/39 | — | 0.74% | 3.65M | $3.8M |
| 22 | LOS ANGEL 5.% 07/01/37 | — | 0.72% | 3.69M | $3.7M |
| 23 | SAN FRANC 5.% 04/01/37 | — | 0.71% | 3.42M | $3.6M |
| 24 | ANAHEIM H 5.% 10/01/29 | — | 0.71% | 3.56M | $3.6M |
| 25 | CALIFORNI 5.% 12/01/31 | — | 0.70% | 3.60M | $3.6M |
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Sector Exposure
Geographic Exposure
Country weights as reported by the data provider. Developed/emerging/frontier labels follow the classification on the Methodology page. Currency hedged: No hedging indicated in the fund name.
Distributions
| Yield (TTM) | 2.88% | Paid (last 12 months) | $1.3794 |
| Frequency | Monthly | SEC yield | Not provided by our data source; see the issuer page |
| Last ex-date | Sep 22, 2026 | Last payment | $0.1314 (Sep 24, 2026) |
| Growth 1Y | -7.37% | Growth 3Y / 5Y (ann.) | — / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Sep 22, 2026 | Sep 22, 2026 | Sep 24, 2026 | $0.1314 |
| Aug 18, 2026 | Aug 18, 2026 | Aug 20, 2026 | $0.1052 |
| Jul 21, 2026 | Jul 21, 2026 | Jul 23, 2026 | $0.1146 |
| Jun 23, 2026 | Jun 23, 2026 | Jun 25, 2026 | $0.1331 |
| May 19, 2026 | May 19, 2026 | May 21, 2026 | $0.1079 |
| Apr 21, 2026 | Apr 21, 2026 | Apr 23, 2026 | $0.0871 |
| Mar 24, 2026 | Mar 24, 2026 | Mar 26, 2026 | $0.1341 |
| Feb 18, 2026 | Feb 18, 2026 | Feb 20, 2026 | $0.0967 |
| Jan 21, 2026 | Jan 21, 2026 | Jan 23, 2026 | $0.0377 |
| Dec 16, 2025 | Dec 16, 2025 | Dec 18, 2025 | $0.2109 |
| Nov 18, 2025 | Nov 18, 2025 | Nov 20, 2025 | $0.1033 |
| Oct 21, 2025 | Oct 21, 2025 | Oct 23, 2025 | $0.1174 |
Trailing distribution yield = last 12 months of cash ÷ current price. It is NOT the SEC 30-day yield and distributions are not guaranteed to continue. The difference explained →
Risk Statistics
| Volatility 1Y / 3Y | 2.37% / 2.59% | Sharpe 1Y / 3Y | -2.58 / -0.83 |
| Max drawdown 1Y / 3Y | -5.50% / -5.50% | Sortino 1Y | -3.22 |
| Beta vs S&P 500 (3Y) | 0.027 | Correlation vs S&P 500 (1Y) | 0.226 |
| Downside deviation 1Y | 1.90% | Risk-free rate used | 4.05% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Oct 11, 2026. Formulas →
Liquidity
| Volume today | 231.87K | Average volume | 205.37K |
| AUM | $519.3M | Premium/Discount | -0.09% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV: an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Day | -$9.6M | -1.81% | $528.9M → $519.3M |
| 1 Month | -$179.8M | -25.20% | $713.3M → $519.3M |
| 1 Week | -$42.5M | -7.58% | $560.8M → $519.3M |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source; review them before investing.
Latest News for DFCA
No articles mention this fund directly in the last 7 days; showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.