Dimensional Fund AdvisorsMuni Single StateDFCA · NYSE Arca

Dimensional California Municipal Bond ETF (DFCA)

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Price: $48.99; —30 Oct 2026
Assets: $557.7M; Total net assets
Expense ratio: 0.19%; Category 0.62%
Yield: 2.89%; Trailing distributions

1Y return: 0.7%+0.5%; Category 0.1%
3Y CAGR: 3.2%-0.9%; Category 4.1%
5Y CAGR: —; Category -0.0%

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Dimensional California Municipal Bond ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	+3.1%	-0.3%	-0.6%	0.0%	+0.7%	+3.2%	—	—	+2.1%
Muni Single State average	3.4%	-0.9%	-1.3%	-0.3%	0.1%	4.1%	-0.0%	1.6%	1.2%
Difference	-0.3%	+0.6%	+0.7%	+0.3%	+0.5%	-0.9%	—	—	+0.9%

Holdings

The 1 largest positions make up 1.8% of the fund.

Top holdings

Largest holdings by weight
Ticker	Holding	Weight
MCSXX	BlackRock Liquidity MuniCash Instl	1.79%

Credit quality

Share of the bonds by rating.

AAA5.9%
AA87.8%
A6.1%
BBB0.1%
BB0.1%

Asset mix

Bonds96.6%
Cash3.4%

ETF details

Issuer: Dimensional Fund Advisors
Category: Fixed Income · Muni Single State
Ticker: DFCA
Exchange: NYSE Arca
Inception: 26 Jun 2023 (3.3 years)
Structure: Exchange Traded Fund
Expense ratio: 0.19% (category 0.62%)
Holdings turnover: 57% (category 53%)
Distribution yield: 2.89%
Beta, 3 years: 0.59
Total net assets: $557.7M
Average duration: 4.76 years
Average maturity: 10.08 years

Prices and returns as of 30 Oct 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

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