DFA US Core Equity 2 I
- DFQTX
- Price as of: Nov 20, 2020
-
$25.43
N/A N/A
- Primary Theme
- U.S. Large-Cap Blend Equity
- Fund Company
- Dimensional Fund Advisors
- Share Class
DFQTX - Snapshot
Vitals
- YTD Return 6.8%
- 3 Yr Annualized Return 6.1%
- 5 Yr Annualized Return 9.0%
- Net Assets $25.7 B
- Holdings in Top 10 18.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 0.22%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 6.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $0
- IRA N/A
Fund Classification
-
Primary Theme
U.S. Large-Cap Blend Equity
- Fund Type Open End Mutual Fund
- Investment Style Large Blend
DFQTX - Profile
Distributions
- YTD Total Return 6.8%
- 3 Yr Annualized Total Return 6.1%
- 5 Yr Annualized Total Return 9.0%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.69%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameDFA U.S. Core Equity II Fund
-
Fund Family NameDimensional Fund Advisors
-
Inception DateSep 15, 2005
-
Shares OutstandingN/A
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerJed Fogdall
Fund Description
The fund purchases a broad and diverse group of securities of U.S. companies with a greater emphasis on small capitalization, value, and/or high profitability companies as compared to their representation in the U.S. Universe. The Advisor generally defines the U.S. Universe as a market capitalization weighted portfolio of U.S. operating companies listed on a securities exchange in the United States that is deemed appropriate by the Advisor.
DFQTX - Performance
Return Ranking - Trailing
| Period | DFQTX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 6.8% | -70.4% | 2137.4% | 66.36% |
| 1 Yr | 4.4% | -21.4% | 36.7% | 69.75% |
| 3 Yr | 6.1%* | -18.8% | 14.0% | 77.73% |
| 5 Yr | 9.0%* | -6.8% | 15.3% | 69.07% |
| 10 Yr | 11.3%* | -1.0% | 16.4% | 58.33% |
* Annualized
Return Ranking - Calendar
| Period | DFQTX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | 24.8% | -22.7% | 41.1% | 37.75% |
| 2018 | -12.0% | -100.0% | 1.4% | 42.26% |
| 2017 | 15.9% | -100.0% | 33.2% | 36.87% |
| 2016 | 13.8% | -44.8% | 25.0% | 4.53% |
| 2015 | -6.6% | -51.1% | 20.5% | 62.07% |
Total Return Ranking - Trailing
| Period | DFQTX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 6.8% | -70.4% | 2137.4% | 66.36% |
| 1 Yr | 4.4% | -21.4% | 36.7% | 63.64% |
| 3 Yr | 6.1%* | -18.8% | 14.0% | 74.47% |
| 5 Yr | 9.0%* | -6.8% | 15.3% | 65.88% |
| 10 Yr | 11.3%* | -1.0% | 16.4% | 55.73% |
* Annualized
Total Return Ranking - Calendar
| Period | DFQTX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | 24.8% | -21.6% | 41.1% | 37.90% |
| 2018 | -11.2% | -100.0% | 1.4% | 61.06% |
| 2017 | 18.9% | -100.0% | 33.2% | 57.23% |
| 2016 | 16.6% | -16.4% | 26.8% | 3.89% |
| 2015 | -3.0% | -26.4% | 106.5% | 62.85% |
NAV & Total Return History
DFQTX - Holdings
Concentration Analysis
| DFQTX | Category Low | Category High | DFQTX % Rank | |
|---|---|---|---|---|
| Net Assets | 25.7 B | 153 K | 921 B | 6.15% |
| Number of Holdings | 2673 | 1 | 3591 | 2.02% |
| Net Assets in Top 10 | 4.91 B | -95.2 M | 210 B | 8.23% |
| Weighting of Top 10 | 18.48% | 2.3% | 100.0% | 93.33% |
Top 10 Holdings
- Apple Inc 5.35%
- Microsoft Corp 3.78%
- Amazon.com Inc 2.38%
- Johnson & Johnson 1.31%
- Facebook Inc A 1.17%
- S+p500 Emini Fut Sep20 Xcme 20200918 1.05%
- S+p500 Emini Fut Sep20 Xcme 20200918 1.05%
- S+p500 Emini Fut Sep20 Xcme 20200918 1.05%
- S+p500 Emini Fut Sep20 Xcme 20200918 1.05%
- S+p500 Emini Fut Sep20 Xcme 20200918 1.05%
Asset Allocation
| Weighting | Return Low | Return High | DFQTX % Rank | |
|---|---|---|---|---|
| Stocks | 99.24% | 0.00% | 148.88% | 44.30% |
| Cash | 0.74% | -110.24% | 100.00% | 53.14% |
| Preferred Stocks | 0.02% | 0.00% | 14.67% | 10.38% |
| Other | 0.00% | -7.86% | 100.00% | 81.79% |
| Convertible Bonds | 0.00% | 0.00% | 27.81% | 82.13% |
| Bonds | 0.00% | 0.00% | 85.20% | 83.07% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | DFQTX % Rank | |
|---|---|---|---|---|
| Technology | 22.87% | 0.00% | 52.52% | 60.48% |
| Financial Services | 14.71% | 0.00% | 44.52% | 27.78% |
| Industrials | 13.97% | 0.00% | 29.63% | 11.26% |
| Healthcare | 13.15% | 0.00% | 53.39% | 80.27% |
| Consumer Cyclical | 12.69% | 0.00% | 53.63% | 24.64% |
| Communication Services | 8.00% | 0.00% | 34.05% | 77.88% |
| Consumer Defense | 6.93% | 0.00% | 46.61% | 70.58% |
| Basic Materials | 3.37% | 0.00% | 34.89% | 25.39% |
| Energy | 2.16% | 0.00% | 13.74% | 26.28% |
| Utilities | 1.85% | 0.00% | 18.14% | 67.24% |
| Real Estate | 0.29% | 0.00% | 18.16% | 86.08% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | DFQTX % Rank | |
|---|---|---|---|---|
| US | 98.10% | 0.00% | 147.48% | 30.95% |
| Non US | 1.14% | 0.00% | 62.26% | 56.84% |
DFQTX - Expenses
Operational Fees
| DFQTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.22% | 0.01% | 20.53% | 89.84% |
| Management Fee | 0.17% | 0.00% | 2.00% | 14.76% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | 0.47% | 0.00% | 0.95% | 97.56% |
Sales Fees
| DFQTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 1.00% | 5.75% | N/A |
| Deferred Load | N/A | 0.95% | 5.00% | N/A |
Trading Fees
| DFQTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.25% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| DFQTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 6.00% | 0.00% | 451.00% | 14.72% |
DFQTX - Distributions
Dividend Yield Analysis
| DFQTX | Category Low | Category High | DFQTX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 17.94% | 85.62% |
Dividend Distribution Analysis
| DFQTX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annually | Quarterly | Annually |
Net Income Ratio Analysis
| DFQTX | Category Low | Category High | DFQTX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.69% | -3.04% | 3.34% | 25.13% |
Capital Gain Distribution Analysis
| DFQTX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Dividend Payout History
| Date | Amount |
|---|---|
| Sep 28, 2018 | $0.088 |
| Jun 29, 2018 | $0.080 |
| Mar 29, 2018 | $0.033 |
| Sep 29, 2017 | $0.079 |
| Jun 30, 2017 | $0.075 |
| Mar 31, 2017 | $0.068 |
| Sep 30, 2016 | $0.062 |
| Jun 30, 2016 | $0.072 |
| Mar 31, 2016 | $0.077 |
| Sep 10, 2015 | $0.070 |
| Jun 09, 2015 | $0.069 |
| Mar 10, 2015 | $0.054 |
| Sep 10, 2014 | $0.064 |
| Jun 10, 2014 | $0.063 |
| Mar 11, 2014 | $0.042 |
| Sep 11, 2013 | $0.057 |
| Jun 11, 2013 | $0.055 |
| Mar 11, 2013 | $0.030 |
| Sep 13, 2012 | $0.048 |
| Jun 13, 2012 | $0.052 |
| Mar 13, 2012 | $0.021 |
| Dec 15, 2011 | $0.056 |
| Sep 13, 2011 | $0.038 |
| Jun 13, 2011 | $0.035 |
| Mar 11, 2011 | $0.021 |
| Dec 13, 2010 | $0.059 |
| Sep 13, 2010 | $0.039 |
| Jun 11, 2010 | $0.028 |
| Mar 12, 2010 | $0.019 |
| Dec 14, 2009 | $0.028 |
| Oct 29, 2009 | $0.016 |
| Sep 14, 2009 | $0.028 |
| Jun 12, 2009 | $0.031 |
| Mar 13, 2009 | $0.027 |
| Dec 15, 2008 | $0.037 |
| Oct 30, 2008 | $0.031 |
| Sep 12, 2008 | $0.046 |
| Jun 13, 2008 | $0.042 |
| Mar 13, 2008 | $0.031 |
| Dec 24, 2007 | $0.017 |
| Nov 29, 2007 | $0.043 |
| Sep 13, 2007 | $0.043 |
| Jun 13, 2007 | $0.043 |
| Mar 13, 2007 | $0.025 |
| Nov 30, 2006 | $0.038 |
| Sep 08, 2006 | $0.030 |
| Jun 08, 2006 | $0.031 |
| Mar 15, 2006 | $0.015 |
| Dec 27, 2005 | $0.046 |
DFQTX - Fund Manager Analysis
Managers
Jed Fogdall
Start Date
Tenure
Tenure Rank
Feb 28, 2012
8.68
8.7%
Jed S. Fogdall is a Co-Head of Portfolio Management and Vice President of Dimensional and a member of Dimensional’s Investment Committee. Mr. Fogdall has an MBA from the University of California, Los Angeles and a BS from Purdue University. Mr. Fogdall joined Dimensional as a Portfolio Manager in 2004 and has been responsible for international portfolios since 2010 and domestic portfolios since 2012.
Lukas Smart
Start Date
Tenure
Tenure Rank
Feb 28, 2017
3.67
3.7%
Lukas Smart, CFA, Senior Portfolio Manager and Vice President, leads a team of investment professionals who manage US large cap equity and REIT portfolios. Mr. Smart earned his bachelor of economics degree from the University of San Diego and his MBA from the University of Chicago Booth School of Business. He is a CFA Charterholder and is a member of the CFA Society of Austin.
Joel Schneider
Start Date
Tenure
Tenure Rank
Feb 28, 2019
1.67
1.7%
Mr. Schneider is a Senior Portfolio Manager and Vice President of Dimensional Fund Advisors LP. Mr. Schneider holds an MBA from the University of Chicago Booth School of Business, an MS from the University of Minnesota, and a BS from Iowa State University. Mr. Schneider joined Dimensional in 2011, has been a portfolio manager since 2013.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.01 | 41.86 | 6.28 | 0.67 |