Dimensional Fund AdvisorsMuni Single StateDFCA · NYSE Arca

Dimensional California Municipal Bond ETF (DFCA)

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Price: $48.80; —11 Sept 2026
Assets: $723M; Total net assets
Expense ratio: 0.19%; Category 0.62%
Yield: 2.76%; Trailing distributions

1Y return: 0.4%+0.1%; Category 0.3%
3Y CAGR: 2.2%-0.4%; Category 2.6%
5Y CAGR: —; Category -0.5%

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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	-1.6%	-1.9%	-1.6%	-1.0%	+0.4%	+2.2%	—	—	+1.9%
Muni Single State average	-2.5%	-2.8%	-1.9%	-1.3%	0.3%	2.6%	-0.5%	1.3%	1.1%
Difference	+0.9%	+0.9%	+0.3%	+0.3%	+0.1%	-0.4%	—	—	+0.8%

Holdings

Allocation as last published by the fund.

Credit quality

Share of the bonds by rating.

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

Asset mix

Bonds98.3%
Cash1.7%

ETF details

Issuer: Dimensional Fund Advisors
Category: Fixed Income · Muni Single State
Ticker: DFCA
Exchange: NYSE Arca
Inception: 26 Jun 2023 (3.2 years)
Structure: Exchange Traded Fund
Expense ratio: 0.19% (category 0.62%)
Holdings turnover: 57% (category 53%)
Distribution yield: 2.76%
Beta, 3 years: 0.57
Total net assets: $723M
Average duration: 4.74 years
Average maturity: 10.46 years

Prices and returns as of 11 Sept 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

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