U.S. Vector Equity Portfolio ETF Class Shares

DXUV

시가총액 US$5.86억

Dimensional US Vector Equity ETF is an actively managed value-leaning ETF from Dimensional that emphasizes broad diversification, smaller size, and high profitability. Its expense ratio is reasonable at 0.25%. Unique to DXUV are double-digit estimated earnings growth rates, about 4-5% better than passively managed value funds like VTV. Its 15.51x forward P/E ratio is also about one point cheaper. However, drawbacks include higher volatility and questionable quality, which make the portfolio riskier in down markets. Assuming DFVEX, Dimensional's similarly structured mutual fund, is a reasonable proxy, the approach wasn't beneficial.

On Thursday, Dimensional Fund Advisors released a pair of new vector ETFs.  These funds are the Dimensional International Vector Equity ETF (DXIV) and the Dimensional US Vector Equity ETF (DXUV).