IWN - DFSV: Affordable Actively Managed Small-Cap Value ETF Worth Watching
2024-04-09 11:13:51 ET
Summary
- Dimensional US Small Cap Value ETF is a low-cost, actively managed small-cap value fund with a long history of beating its benchmark Russell 2000 Value Index. AUM is under $3 billion, far below some peers.
- On rolling five-year returns since August 2000, the DFSV ETF and its Institutional Class Fund outperformed 71% of the time, with the success rate gradually increasing as your holding period lengthens.
- This is good evidence the proprietary value strategy, which selects nearly 1,000 stocks with market caps as low as $14 million, works. However, other actively managed funds are doing well, too.
- DFAT leads DFSV by 7% over the last ten years, while AVUV leads by 41% over the last four years. This article compares the three fundamentally to see which one looks best today.
Investment Thesis
The Dimensional US Small Cap Value ETF ( DFSV ) portfolio managers have an impressive 24-year track record of outperforming the Russell 2000 Index (RTY). For an actively managed fund, its 0.31% expense ratio is reasonable, and investors gain access to a market segment that is not easy to assess. ...
DFSV: Affordable, Actively Managed Small-Cap Value ETF Worth Watching