Dimensional - California Municipal Bond ETFDFCA

DimensionalBonds & CashMunicipal#405 of 785 by YTD

$49.09

+0.1% last session

+0.2% YTD

Data as of 11/3/20264:00 PM ET · End-of-day

Dividend-adjusted total return · S&P 500 uses VOO · Dec 31, 2025 – Nov 3, 2026DFCAS&P 500 · VOO

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	+0.1%	+3.0%	−0.3%	+0.2%	+0.8%	+10.2%	—	+7.5%
Peer average	0.0%	+2.9%	−0.9%	+0.3%	+0.6%	+14.6%	+2.5%	—
S&P 500 · VOO	+0.3%	−2.6%	−1.7%	+11.5%	+11.9%	+90.9%	+77.5%	—

Key Statistics

Open all fund facts →

AUM: $540M
Expense ratio: 0.19%
Distribution yield: 2.9%
NAV: $49.00
Volume: 135K
Avg. volume 30D: 430K
High today: $49.09
Low today: $49.03
Previous close: $49.04
52-week high: $50.78
52-week low: $47.30
Our risk indicator: 2/5

DFCA in One Breath

DFCA Among Municipal ETFs

YTD

#1MMMANY Life Investments+2.2%$59.3M

#2MYMGSPDR+1.9%$8.6M

#3SMMUPIMCO+1.9%$1.3B

#4MYMFSPDR+1.9%$8.7M

#5IBMOiShares+1.9%$499M

#6FTMSFranklin Templeton+1.9%$265M

#7MMSDNY Life Investments+1.8%$87.1M

#8MUNAFlexShares+1.8%$8.0M

#72DFCADimensional+0.2%$540M

End-of-day Nov 4, 2026 · 141 Municipal ETFs by YTD

$10,000 in DFCA

$10,000 in DFCA became

$10,746

In the S&P 500 (VOO)

$18,044

Total return, dividends in · Jun 27, 2023 – Nov 3, 2026 · S&P 500 uses VOO

DFCA’s Top Holdings

Today

SAN FRA 5% 08/SAN FRA 5% 08/01/282.4%CALIFORNI 5.2.0%CALIFORNI 5.1.9%LOS ANG 5% 01.6%LOS ANGEL 5.1.2%CALIFORNIA 21.0%SAN FRANC 5.1.0%CALIFORNI 4.1.0%SAN FRANC 5.0.9%LOS ANGELES 0.9%CALIFORNIA S0.9%CALIFORNI 5.0.9%CALIFORNI 5.0.9%UNIV OF CALI0.9%LOS ANGEL 4.0.9%SAN FRANC 5.0.9%SANTA CRUZ 50.9%CALIFORNI 5.0.8%CA HLTH F 5.0.8%CALIFORNI VR0.8%SAN FRA 5% 00.8%CALIFORNI 5.0.8%

Dimensional DFCA · 324 holdings · top 22 shown · tile size = share of the fund · as of Nov 3, 2026

What DFCA Holds

Today

All holdings100.0%

SAN FRA 5% 2.4 · CALIFORNI 2.0 · CALIFORNI 1.9 · LOS ANG 5% 1.6 · LOS ANGEL 1.2 · CALIFORNIA 1.0 · SAN FRANC

Dimensional DFCA · share of the fund · as of Nov 3, 2026

SAN’s Share of DFCA

Today

2.4%

$24 of every $1,000 in DFCA is SAN

SAN held by DFCA

$12.9M

Dimensional DFCA · each square = $10 of $1,000 · as of Nov 3, 2026

DFCA’s Share of Municipal ETFs

Today

0.2%

of the $244B in 166 Municipal ETFs

DFCA$540M0.2%

MUB$54.5B22.3%

VTEB$49.6B20.3%

163 others$139B57.1%

Municipal ETF AUM · Nov 4, 2026

DFCA Fee per $100 vs Peers

Today

$0.19a year
per $100

$19 a year on $10,000

VTEB$0.03

MUB$0.05

SUB$0.07

JMUB$0.18

DFCA$0.19

CGMU$0.27

Expense ratio · Municipal peers · Nov 4, 2026

Inside DFCA

324 holdings · as of Nov 3, 2026

DFCA

Dimensional - California Municipal Bond ETF

Today

All holdings100.0%310 more holdings82.4% of the fund

All holdings100.0%318 more holdings89.9% of the fund

#	Ticker	Company	Weight ▼
1	—	SAN FRA 5% 08/01/28	2.38%
2	—	Californi 5.% 04/01/35	2.04%
3	—	Californi 5.% 10/01/42	1.85%
4	—	LOS ANG 5% 06/30/27	1.60%
5	—	LOS Angel 5.% 07/01/30	1.21%
6	—	California 2.55% 1/7/27	1.03%
7	—	SAN Franc 5.% 08/01/43	1.00%
8	—	Californi 4.% 11/01/36	0.98%
9	—	SAN Franc 5.% 06/15/40	0.94%
10	—	LOS Angeles 5% 07/01/2043	0.94%

Dimensional DFCA · current holdings by weight · as of Nov 3, 2026 · each tile is one holding · top 20 = 22.6%

How It Compares

DFCA

Dimensional - California Municipal Bond ETF’s Peers

YTD


MUB	iSharesRead Desk	0.05%	−0.4%	+0.1%	$54.5B
VTEB	VanguardRead Desk	0.03%	−0.3%	+0.1%	$49.6B
SUB	iSharesRead Desk	0.07%	+1.4%	+2.2%	$13.3B
JMUB	J.P. MorganRead Desk	0.18%	0.0%	+0.3%	$9.0B
CGMU	Capital GroupRead Desk	0.27%	+0.5%	+1.1%	$7.5B
DFCA	DimensionalThis fundRead Desk	0.19%	+0.2%	+0.8%	$540M

Municipal peers · YTD and past-year returns · as of Nov 4, 2026 · sorted by AUM

Head to Head

Put DFCA head to head with MUB →

MUB vs DFCA

YTD

MUBiShares · MunicipalDFCADimensional · Municipal

Year to date

−0.4%

+0.2%

DFCA wins+0.6 pts

Past year

+0.1%

+0.8%

DFCA wins+0.7 pts

Fee

0.05%

0.19%

MUB winslower fee

Yield

3.3%

2.9%

MUB wins+0.4 pts

AUM

$54.5B

$540M

MUB100.9× more

2–2level

iShares MUB and Dimensional DFCA · year-to-date · as of Nov 4, 2026 · AUM not scored

DFCA vs VOO

YTD

DFCA · Dimensional - California Municipal Bond

+0.2%

VOO · S&P 500

+11.5%

Gap

11.3 pts

Dimensional DFCA and Vanguard VOO · YTD total return · as of Nov 4, 2026

DFCA vs Its Peer Average

YTD

DFCAAvsBPeer average

1D+0.1%0.0%

1M+3.0%+2.9%

3M−0.3%−0.9%

YTD+0.2%+0.3%

1Y+0.8%+0.6%

3Y+10.2%+14.6%

5Y[…]+2.5%

4–2DFCA wins

165 Municipal peers · each row scaled to its leader

The Details

DFCA

Risk

2/5our risk indicator

CalmerBumpier

Volatility · 1Y2.51%

Deepest drop · 1Y−5.0%

Lowest point · 5Y−2.5%

52-week range

$49.09

$47.30−3.3% from the high$50.78

Dimensional DFCA · past-year price moves · as of Nov 4, 2026

DFCA

Fund Facts

Today

2023launched Jun 26

Tracks[…]

Exchange · CUSIPAMEX · 25434V633

StructureETF

Leverage1x

Cost on $10,000$19 a year

Go deeper

Prospectus & documents Trading & liquidity Fees & costs Distributions

Dimensional DFCA · fund facts · as of Nov 4, 2026

DFCA

Payouts by Year

$0.15per share, Oct 2026

Distribution yield2.9%

PaidEvery month

Latest ex-date · paidOct 20 · Oct 22, 2026

12 payouts added up$1.41 a share

Dimensional DFCA · distributions by ex-date · 2023–2026

All Fund FactsDocuments · trading · fees · every payout

Prospectus & Documents

Trading & Liquidity

Net asset value$49.00

Premium / discount[…]

Median spread · 30D[…]

Volume today135K

Average volume · 30D430K

Shares outstanding[…]

Options[…]

Fees & Costs

Net expense ratio0.19%

Gross expense ratio[…]

Management fee[…]

Cost on $10,000 a year$19.00

Our risk indicator2/5

Estimated yearly cost excludes trading costs and assumes constant assets.

Distributions

Ex-date	Paid	Per share
Oct 20, 2026	Oct 22, 2026	$0.15
Sep 22, 2026	Sep 24, 2026	$0.13
Aug 18, 2026	Aug 20, 2026	$0.11
Jul 21, 2026	Jul 23, 2026	$0.11
Jun 23, 2026	Jun 25, 2026	$0.13
May 19, 2026	May 21, 2026	$0.11
Apr 21, 2026	Apr 23, 2026	$0.0871
Mar 24, 2026	Mar 26, 2026	$0.13
Feb 18, 2026	Feb 20, 2026	$0.0967
Jan 21, 2026	Jan 23, 2026	$0.0377
Dec 16, 2025	Dec 18, 2025	$0.21
Nov 18, 2025	Nov 20, 2025	$0.10

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