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Dimensional - California Municipal Bond ETF (DFCA)
USD50.01
-0.08 (-0.16%)
AMEX USD US Fixed Income
NAV
USD 50.03
-0.04% vs NAV
as of 2026-07-13
AUM
USD 705.37M
TER
0.19%
Yield (TTM)
2.74%
Distribution
Distributing · Monthly
52-week range
48.99 – 50.75
Holdings
498
Issuer
Dimensional
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.
ISIN
US25434V6332
Issuer
Dimensional
Domicile
US
Inception
2023-06-26
Asset class
Fixed Income
Price
Top 10 holdings
| CALIFORNI 5.% 04/01/35 | 1.59% |
| RIVERSIDE 5.% 06/30/27 | 1.36% |
| BERKELEY 4% 07/28/26 | 1.13% |
| SAN FRA 5% 08/01/28 | 1.08% |
| BAY AREA VRN 04/01/55 | 0.98% |
| LOS ANGEL 5.% 07/01/30 | 0.95% |
| SAN FRA 5% 08/01/28 | 0.94% |
| CALIFORNI 5.% 10/01/42 | 0.93% |
| UNIV CA R VRN 05/15/45 | 0.86% |
| SAN FRANC 5.% 08/01/43 | 0.81% |
Sector mix
Price chart
USD50.01
-0.08 (-0.16%)
Loading historical data…
Returns
| 1 month | -0.28% |
| 3 months | -0.28% |
| 6 months | -0.54% |
| Year to date | -0.14% |
| 1 year | +1.42% |
| 3 years (ann.) | -0.06% |
| 5 years (ann.) | — |
| 10 years (ann.) | — |
Risk profile
| Volatility (1y, ann.) | 2.04% |
| Sharpe (1y) | 0.70 |
| Sharpe (3y) | -0.01 |
| Sortino (1y) | 0.82 |
| Max drawdown (1y) | -2.07% |
| Max drawdown (5y) | — |
| Max drawdown (full) | -4.35% |
| Beta vs S&P 500 (1y) | 0.04 |
| Correlation vs S&P 500 (1y) | 0.26 |
Technical outlook as of 2026-07-13
Day Score (bias 0-100, not a probability)
17
P(gain) 22 sessions — probability
51%
VaR 95% (daily)
-0.28%
CVaR 95% (daily)
-0.42%
GARCH vol forecast (22d)
0.17%
Market regime (Markov)
Lateral
The Monte Carlo cone is drawn on the price chart above (Forecast overlay); RSI, MACD and the rest of the oscillators live in its indicator panels.
Top-10 concentration
10.6%
Effective holdings
254
Disclosed positions
498
Full holdings
| Constituent | ISIN | Market value | Weight |
|---|---|---|---|
| Loading… | |||
Sector breakdown
Geographic exposure
Loading map…
Cost vs. peers
DFCA
0.19%
Fixed Income median
0.20%
Cheapest in class BKAG
0.00%
Comparison universe: 1,710 funds of the same asset class.
Cost impact calculator
Dividend history
Distributing share class Income is paid out to shareholders.
| Ex-date | Payment | Amount |
|---|---|---|
| 2026-06-23 | 2026-06-25 | USD 0.1331 |
| 2026-05-19 | 2026-05-21 | USD 0.1079 |
| 2026-04-21 | 2026-04-23 | USD 0.0871 |
| 2026-03-24 | 2026-03-26 | USD 0.1341 |
| 2026-02-18 | 2026-02-20 | USD 0.0967 |
| 2026-01-21 | 2026-01-23 | USD 0.0377 |
| 2025-12-16 | 2025-12-18 | USD 0.2109 |
| 2025-11-18 | 2025-11-20 | USD 0.1033 |
| 2025-10-21 | 2025-10-23 | USD 0.1174 |
| 2025-09-23 | 2025-09-25 | USD 0.1109 |
| 2025-08-19 | 2025-08-21 | USD 0.1167 |
| 2025-07-22 | 2025-07-24 | USD 0.1150 |
| 2025-06-24 | 2025-06-26 | USD 0.1139 |
| 2025-05-20 | 2025-05-22 | USD 0.1294 |
| 2025-04-22 | 2025-04-24 | USD 0.1259 |
| 2025-03-25 | 2025-03-27 | USD 0.1394 |
| 2025-02-19 | 2025-02-21 | USD 0.1028 |
| 2025-01-22 | 2025-01-24 | USD 0.0445 |
| 2024-12-17 | 2024-12-19 | USD 0.2265 |
| 2024-11-19 | 2024-11-21 | USD 0.1144 |
| 2024-10-22 | 2024-10-24 | USD 0.1498 |
| 2024-09-17 | 2024-09-19 | USD 0.0934 |
| 2024-08-20 | 2024-08-22 | USD 0.1366 |
| 2024-07-16 | 2024-07-18 | USD 0.1170 |
| 2024-06-18 | 2024-06-20 | USD 0.1053 |
| 2024-05-21 | 2024-05-24 | USD 0.1391 |
| 2024-04-16 | 2024-04-19 | USD 0.1115 |
| 2024-03-19 | 2024-03-22 | USD 0.0945 |
| 2024-02-21 | 2024-02-26 | USD 0.1241 |
| 2024-01-17 | 2024-01-22 | USD 0.0212 |
| 2023-12-19 | 2023-12-22 | USD 0.1940 |
| 2023-11-21 | 2023-11-24 | USD 0.1147 |
| 2023-10-24 | 2023-10-27 | USD 0.1361 |
| 2023-09-19 | 2023-09-22 | USD 0.0922 |
| 2023-08-22 | 2023-08-25 | USD 0.0435 |
| 2023-07-18 | 2023-07-21 | USD 0.0469 |
ESG profile
No ESG estimate available: none of the scored universe overlaps this portfolio (typical for bond, commodity or synthetic funds).
Scored coverage: 0.0% of the portfolio by weight.
Similar ETFs
| Fund | TER | AUM (USD) | Yield (TTM) | Return 1y | Sharpe 1y |
|---|---|---|---|---|---|
| Vanguard Total Bond Market ETF BND | 0.03% | 394.40B | 4.01% | -0.82% | -0.19 |
| iShares Core U.S. Aggregate Bond ETF AGG | 0.03% | 138.36B | 4.03% | -0.76% | -0.17 |
| Vanguard Total International Bond ETF BNDX | 0.07% | 122.00B | 4.52% | -2.72% | -0.64 |
| iShares 0-3 Month Treasury Bond ETF SGOV | 0.09% | 97.69B | 3.80% | +0.05% | 0.05 |
| Vanguard Short-Term Inflation-Protected Securities ETF VTIP | 0.03% | 70.50B | 4.16% | -0.54% | -0.18 |
| Vanguard Short-Term Bond ETF BSV | 0.03% | 70.40B | 4.02% | -1.02% | -0.48 |
| Vanguard Intermediate-Term Corporate Bond ETF VCIT | 0.03% | 68.70B | 4.86% | -1.04% | -0.22 |
| Vanguard Intermediate-Term Bond ETF BIV | 0.03% | 52.20B | 4.27% | -1.28% | -0.28 |
| Vanguard Short-Term Corporate Bond ETF VCSH | 0.03% | 50.50B | 4.47% | -0.85% | -0.36 |
| Vanguard Intermediate-Term Treasury ETF VGIT | 0.03% | 49.50B | 3.89% | -1.50% | -0.41 |
Cheaper alternatives
No fund of the class reaches 60% portfolio overlap — showing the cheapest funds of the class instead.
| Fund | TER | AUM (USD) | Overlap |
|---|---|---|---|
| Vanguard Short-Term Corporate Bond ETF VCSH | 0.03% | 50.50B | 0.0% |
| Vanguard Total Bond Market ETF BND | 0.03% | 394.40B | 0.0% |
| iShares Core U.S. Aggregate Bond ETF AGG | 0.03% | 138.36B | 0.0% |
| Vanguard Short-Term Inflation-Protected Securities ETF VTIP | 0.03% | 70.50B | 0.0% |
| Vanguard Short-Term Bond ETF BSV | 0.03% | 70.40B | 0.0% |
