Dimensional U.S. Targeted Value ETF
Actively managed U.S. stock ETF
As of its 2026 Q2 report, Dimensional U.S. Targeted Value ETF held 1,284 positions with $13.69B in net assets. Its ten largest holdings made up 12.7% of the fund. The DFAT share class costs 0.28% a year. Over the 12 months to May 2026, DFAT returned 31.5%, with dividends reinvested. In 2026 Q3 it added 60 new positions and exited 132.
The investment objective of the Dimensional U.S. Targeted Value ETF (the US Targeted Value ETF or Portfolio) is to achieve long-term capital appreciation while minimizing federal income taxes on returns.
The fund actively selects small- and mid-cap U.S. companies trading at low prices relative to book value and exhibiting high profitability, using a market-capitalization-weighted approach and adjusting positions based on shorter-term factors including price momentum and investment characteristics. The fund emphasizes tax efficiency by realizing capital losses to offset gains and prioritizing long-term gains over short-term ones. Because the fund's selection criteria and shorter-term adjustments are discretionary and subject to change, its holdings and performance may diverge materially from the small- and mid-cap value segment of the U.S. market.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
DIMENSIONAL FUND ADVISORS LP | 5.87% | $803.33M | — | — |
0.89% | $122.38M | 5.7M | $21.62 | |
0.86% | $117.87M | 337.6K | $349.12 | |
0.82% | $112.12M | 902.8K | $124.20 | |
0.78% | $107.05M | 1.5M | $69.75 | |
OVVOVINTIV INC. | 0.73% | $100.04M | 1.6M | $61.55 |
0.73% | $99.85M | 2.5M | $40.73 | |
VTRSVIATRIS INC. | 0.71% | $96.87M | 6.5M | $14.94 |
0.67% | $92.01M | 403.2K | $228.18 | |
BALLBALL CORPORATION | 0.67% | $91.17M | 1.5M | $61.08 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.
The 200 largest of 1,284 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 99.75% |
| Cash & short-term | 5.87% |
| Derivatives | 0.00% |
| Other | 0.00% |
These positions come to 105.63% 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%.
Derivatives are shown at market value, not notional exposure.
By sector
- Financials
- 27.6%
- Industrials
- 16.3%
- Consumer Discretionary
- 12.7%
- Energy
- 9.8%
- 11 other sectors
- 33.6%
- Financials
- 27.6%
- Industrials
- 16.3%
- Consumer Discretionary
- 12.7%
- Energy
- 9.8%
- Health Care
- 6.5%
- Consumer Staples
- 6.4%
- Materials
- 5.9%
- Information Technology
- 5.8%
- Cash
- 4.0%
- Communication Services
- 2.0%
- International
- 1.6%
- Real Estate
- 0.8%
- Utilities
- 0.4%
- Other
- 0.3%
- Government
- 0.1%
How it has done
DFAT share class · total returns with dividends reinvested
Volatility over the last 12 months: 13.21%. Past returns are a record, not a forecast.
Jun 2026 and Jul 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Fees & fund details
Dimensional U.S. Targeted Value ETF is an actively managed U.S. equity ETF. 12% of DFAT’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 96% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- ETF
- Expense ratio, by class
- 0.28%· DFAT 0.28%
- Portfolio turnover
- 9.00% a year · as of 2026 Q1
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
60 new· the largest 8
132 exited· the largest 8
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-04-30
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
Understand how this fund fits with the rest.
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