Dimensional Core Fixed Income ETF
Dimensional ETF Trust · 1 share class
Fund classification
Classified from what the fund holds · as of 2026 Q2
Dimensional Core Fixed Income ETF is an actively managed U.S. bond ETF.
- Asset class
- Bonds
- Region
- United States
- Management
- Actively managed
- Fund type
- ETF
- Credit quality
- Investment grade
- Rate sensitivity
- Intermediate duration
Fund profile
As filed in the prospectus · 2026 Q1
The investment objective of the Dimensional Core Fixed Income ETF (the Core Fixed Income ETF or Portfolio) is to seek to maximize total returns from the universe of eligible investments. Total return is comprised of income and capital appreciation.
The fund invests in a broad portfolio of investment-grade U.S. and foreign fixed income securities, actively adjusting exposure to intermediate-term and lower-rated investment grade debt based on the manager's assessment of expected term and credit premiums. The fund maintains a weighted average duration within one quarter year above or one year below the Bloomberg U.S. Aggregate Bond Index. Because the fund's security selections and duration positioning depend on the manager's premium expectations rather than a fixed index methodology, performance may diverge materially from the broad fixed income market. The fund may use derivatives including foreign currency forwards, credit default swaps, and futures to hedge exposures or adjust market positioning.
| Share class | Gross | Net |
|---|---|---|
| DFCF | 0.18% | 0.17% |
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Portfolio turnover 23.00% · as of 2026 Q1
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Bonds | 95.93% |
| Securitized | 24.86% |
| Cash & short-term | 2.10% |
| Other | 0.00% |
| Derivatives | -0.06% |
These positions come to 122.83% of the fund's net assets. This counts only what the fund reported holding — the holdings disclosure covers assets, not liabilities such as borrowings — so it is not expected to reconcile to 100%.
The outer band is exposure held short — written against the portfolio rather than part of it, which is why it sits outside the ring and why the two are never netted into one figure.
Derivatives are shown at market value, not notional exposure.
Sector allocation
The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2
| Government | 37.4% |
| Securitized | 20.2% |
| Other | 8.7% |
| International | 7.2% |
| 12 smaller | 26.5% |
Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).
Latest quarter
What changed since the fund's previous filing
Largest new: Federal National Mortgage Association ×5, United States of America, Government National Mortgage Association 2 ×2
Largest exited: Federal National Mortgage Association ×5, Government National Mortgage Association 2, United States of America ×2
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-04-30
Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.
| Fixed rate | 78.5% |
| Floating rate | 21.3% |
| Zero-coupon or unclassified | 0.2% |
Share of the fund's debt value in each maturity band, shortest first.
| <1y | 10.7% |
| 1-3y | 11.6% |
| 3-5y | 9.7% |
| 5-10y | 28.7% |
| 10y+ | 39.3% |
Based on what filers reported; a filer that never reported a flag also reads as none.
Risk profile
Interest-rate and credit-spread sensitivity, both in years · as of 2026Q2
Most of this fund’s sensitivity is to interest rates, with credit spreads carrying nearly as much.
Where the loss would come from. The two shocks are the same size, so this is the balance of the fund's two sensitivities rather than a bet on one moving more.
| Interest rates | 56% |
| Credit spreads | 44% |
Filers report the impact of a 0.01% move only, so the total is our own scaling of that one number and overstates the loss on most bonds — read it as approximate, never as precise. The two sensitivities overlap rather than add up: they measure the same positions against different shocks, which is why the durations above are shown side by side and never summed.
Share of the fund's spread duration carried by each credit tier.
| Investment grade | +4.62 yr |
| High yield | +0.00 yr |
Share of duration at each point, shortest first. A positive figure loses value when spreads widen; a negative one offsets — a credit hedge.
| 3 mo | 0.04 yr | 1% |
| 1 yr | 0.34 yr | 6% |
| 5 yr | 1.94 yr | 33% |
| 10 yr | 2.96 yr | 50% |
| 30 yr | 0.62 yr | 11% |
| 3 mo | 0.02 yr | 0% |
| 1 yr | 0.31 yr | 7% |
| 5 yr | 1.26 yr | 27% |
| 10 yr | 2.52 yr | 55% |
| 30 yr | 0.51 yr | 11% |
The two bands measure the same positions against different shocks and do not add — a Treasury carries rate duration and no spread duration, a floating-rate credit the reverse. Rate tenors are also summed across every currency the fund discloses.
Show the numbers
| Tenor | Rate yrs | IG yrs | HY yrs | IG $/bp | HY $/bp |
|---|---|---|---|---|---|
| 3 mo | +0.04 | +0.02 | +0.00 | $16.8k | $2 |
| 1 yr | +0.34 | +0.31 | +0.00 | $312.1k | $31 |
| 5 yr | +1.94 | +1.26 | +0.00 | $1.27m | $127 |
| 10 yr | +2.96 | +2.52 | +0.00 | $2.54m | $860 |
| 30 yr | +0.62 | +0.51 | +0.00 | $516.3k | $102 |
Dollar change per 1bp of spread movement, as filed and sign-anchored. A blank cell was not filed; a zero was.
Duration contribution in years, summing to the fund's 5.90 yr.
This is where the fund's rate exposure sits, not its currency risk — most international bond funds hedge the currency back to dollars, and the size of those hedges is not in the filing. Tenors are also summed across curves, so a 5-year JPY point and a 5-year USD point are added together.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Value | Shares |
|---|---|---|---|---|
| — | Federal National Mortgage Association6.00% · due 2056-05-25 | 6.06% | $609.83M | — |
| — | Federal National Mortgage Association2.50% · due 2056-05-25 | 5.55% | $558.22M | — |
| — | Federal National Mortgage Association2.00% · due 2056-05-25 | 4.66% | $468.45M | — |
| — | United States of America3.78% floating · due 2027-04-30 | 3.48% | $350.65M | — |
| — | United States of America3.78% floating · due 2027-07-31 | 3.32% | $333.69M | — |
| — | United States of America3.72% floating · due 2028-01-31 | 2.94% | $295.79M | — |
| — | United States of America3.81% floating · due 2027-10-31 | 2.89% | $290.67M | — |
| — | United States of America3.83% floating · due 2026-10-31 | 2.71% | $273.20M | — |
| — | Federal National Mortgage Association6.50% · due 2056-05-25 | 2.70% | $271.76M | — |
| — | United States of America3.72% floating · due 2027-01-31 | 2.48% | $249.46M | — |
Top 10 positions are 36.79% of net assets, top 25 55.31%, across 550 issuers.
See more of this fund's book
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