Dimensional - California Municipal Bond ETFDFCA

DimensionalBonds & CashMunicipal#400 of 786 by YTD

$49.36

+0.3% last session

+0.8% YTD

Data as of 11/5/20264:00 PM ET · End-of-day

Dividend-adjusted total return · S&P 500 uses VOO · Dec 31, 2025 – Nov 5, 2026DFCAS&P 500 · VOOBonds & Cash average

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	+0.3%	+3.9%	0.0%	+0.8%	+1.3%	+10.9%	—	+8.1%
Peer average	+0.3%	+4.1%	−0.5%	+0.9%	+1.2%	+15.4%	+2.9%	—
S&P 500 · VOO	−4.4%	−5.7%	−4.9%	+8.4%	+9.8%	+82.2%	+71.6%	—

Key Statistics

Open all fund facts →

AUM: $553M
Expense ratio: 0.19%
Distribution yield: 2.9%
NAV: $49.29
Volume: 57K
Avg. volume 30D: 349K
High today: $49.36
Low today: $49.21
Previous close: $49.20
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+2.7%$59.8M

#2MYMGSPDR+2.4%$8.6M

#3TAXTFlexShares+2.4%$198M

#4SMMUPIMCO+2.3%$1.3B

#5SHYMiShares+2.2%$929M

#6FTMSFranklin Templeton+2.1%$266M

#7MUNAFlexShares+2.0%$8.0M

#8CGSMCapital Group+2.0%$1.7B

#84DFCADimensional+0.8%$553M

End-of-day Nov 6, 2026 · 141 Municipal ETFs by YTD

$10,000 in DFCA

$10,000 in DFCA became

$10,806

In the S&P 500 (VOO)

$17,535

Total return, dividends in · Jun 27, 2023 – Nov 5, 2026 · S&P 500 uses VOO

DFCA’s Top Holdings

Today

SAN FRA 5% 08/SAN FRA 5% 08/01/282.3%CASH AND CAS2.1%CALIFORNI 5.2.0%CALIFORNI 5.1.8%LOS ANG 5% 01.6%LOS ANGEL 5.1.2%CALIFORNIA 21.0%SAN FRANC 5.1.0%CALIFORNI 4.1.0%LOS ANGELES 0.9%SAN FRANC 5.0.9%CALIFORNIA S0.9%CALIFORNI 5.0.9%CALIFORNI 5.0.9%UNIV OF CALI0.8%SAN FRANC 5.0.8%SANTA CRUZ 50.8%CALIFORNI 5.0.8%CA HLTH F 5.0.8%SAN FRA 5% 00.8%CALIFORNI VR0.8%CALIFORNI 5.0.8%

Dimensional DFCA · 324 holdings · top 22 shown · tile size = share of the fund · as of Nov 5, 2026

What DFCA Holds

Today

All holdings100.0%

SAN FRA 5% 2.3 · CASH AND C 2.1 · CALIFORNI 2.0 · CALIFORNI 1.8 · LOS ANG 5% 1.6 · LOS ANGEL 1.2 · CALIFORNIA 1.0

Dimensional DFCA · share of the fund · as of Nov 5, 2026

SAN’s Share of DFCA

Today

2.3%

$23 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 5, 2026

DFCA’s Share of Municipal ETFs

Today

0.2%

of the $245B in 166 Municipal ETFs

DFCA$553M0.2%

MUB$54.9B22.4%

VTEB$49.6B20.2%

163 others$140B57.2%

Municipal ETF AUM · Nov 6, 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 6, 2026

Inside DFCA

324 holdings · as of Nov 5, 2026

DFCA

Dimensional - California Municipal Bond ETF

Today

All holdings100.0%SAN FRA 5%2.3%Cash AND C2.1%Californi 2.0%Californi 1.8%310 more holdings81.5% of the fund

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

#	Ticker	Company	Weight ▼
1	—	SAN FRA 5% 08/01/28	2.33%
2	—	Cash AND Cash Equivalents	2.06%
3	—	Californi 5.% 04/01/35	2.00%
4	—	Californi 5.% 10/01/42	1.82%
5	—	LOS ANG 5% 06/30/27	1.57%
6	—	LOS Angel 5.% 07/01/30	1.19%
7	—	California 2.55% 1/7/27	1.01%
8	—	SAN Franc 5.% 08/01/43	0.99%
9	—	Californi 4.% 11/01/36	0.96%
10	—	LOS Angeles 5% 07/01/2043	0.93%

See all 419 holdings ↓

Dimensional DFCA · current holdings by weight · as of Nov 5, 2026 · each tile is one holding · top 20 = 23.4%

All DFCA Holdings

419 holdings · as of Nov 5, 2026

DFCA

DFCA’s Holdings

Today

#
1	—Cash AND Cash Equivalents	2.06%	$205.58	11.2M	$11.2M
2	—Californi 5.% 04/01/35	2.00%	$200.09	10.6M	$10.9M
3	—LOS ANG 5% 06/30/27	1.57%	$156.68	8.4M	$8.6M
4	—Californi 5.% 10/01/42	1.22%	$121.80	6.3M	$6.7M
5	—LOS Angel 5.% 07/01/30	1.19%	$118.96	6.1M	$6.5M
6	—SAN FRA 5% 08/01/28	1.18%	$118.12	6.2M	$6.5M
7	—SAN FRA 5% 08/01/28	1.15%	$115.25	6.0M	$6.3M
8	—California 2.55% 1/7/27	1.01%	$100.62	5.5M	$5.5M
9	—SAN Franc 5.% 08/01/43	0.99%	$99.19	5.0M	$5.4M
10	—Californi 4.% 11/01/36	0.96%	$96.49	5.3M	$5.3M
11	—LOS Angeles 5% 07/01/2043	0.93%	$93.31	4.9M	$5.1M
12	—California ST 2.4 1/5/27	0.91%	$91.47	5.0M	$5.0M
13	—Californi 5.% 08/01/42	0.91%	$90.95	4.6M	$5.0M
14	—Californi 5.% 11/15/43	0.89%	$88.78	4.7M	$4.8M
15	—Univ OF Calif 5% 05/15/41	0.85%	$84.96	4.5M	$4.6M

Dimensional DFCA · every reported holding · per $10,000 = dollars of each holding in a $10,000 stake · as of Nov 5, 2026

How It Compares

DFCA

Dimensional - California Municipal Bond ETF’s Peers

YTD


MUB	iSharesRead Desk	0.05%	+0.5%	+0.9%	$54.9B
VTEB	VanguardRead Desk	0.03%	+0.6%	+0.9%	$49.6B
SUB	iSharesRead Desk	0.07%	+1.6%	+2.4%	$13.4B
JMUB	J.P. MorganRead Desk	0.18%	+0.8%	+1.1%	$9.1B
CGMU	Capital GroupRead Desk	0.27%	+1.1%	+1.7%	$7.6B
DFCA	DimensionalThis fundRead Desk	0.19%	+0.8%	+1.3%	$553M

Municipal peers · YTD and past-year returns · as of Nov 6, 2026 · sorted by AUM

Head to Head

Put DFCA head to head with MUB →

MUB vs DFCA

YTD

MUBiShares · MunicipalDFCADimensional · Municipal

Year to date

+0.5%

+0.8%

DFCA wins+0.2 pts

Past year

+0.9%

+1.3%

DFCA wins+0.3 pts

Fee

0.05%

0.19%

MUB winslower fee

Yield

3.3%

2.9%

MUB wins+0.4 pts

AUM

$54.9B

$553M

MUB99.2× more

2–2level

iShares MUB and Dimensional DFCA · year-to-date · as of Nov 6, 2026 · AUM not scored

DFCA vs VOO

YTD

DFCA · Dimensional - California Municipal Bond

+0.8%

VOO · S&P 500

+8.4%

Gap

7.6 pts

Dimensional DFCA and Vanguard VOO · YTD total return · as of Nov 6, 2026

DFCA vs Its Peer Average

YTD

DFCAAvsBPeer average

1D+0.3%+0.3%

1M+3.9%+4.1%

3M0.0%−0.5%

YTD+0.8%+0.9%

1Y+1.3%+1.2%

3Y+10.9%+15.4%

5Y[…]+2.9%

3–3level

165 Municipal peers · each row scaled to its leader

The Details

DFCA

Risk

2/5our risk indicator

CalmerBumpier

Volatility · 1Y2.53%

Deepest drop · 1Y−5.0%

Lowest point · 5Y−2.5%

52-week range

$49.36

$47.30−2.8% from the high$50.78

Dimensional DFCA · past-year price moves · as of Nov 6, 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 6, 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$49.29

Premium / discount[…]

Median spread · 30D[…]

Volume today57K

Average volume · 30D349K

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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