DFATvsFNKETF Comparison
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Dimensional US Targeted Value ETF (DFAT) belongs to the US Multi-Factor segment. First Trust Mid Cap Value AlphaDEX Fund ETF (FNK) is part of the US Mid Cap Value segment. DFAT's top 3 sector exposures are Financials, Industrials and Consumer Discretionary. In contrast, FNK's top sector exposures are Financials, Consumer Discretionary and Industrials. DFAT is less expensive with a Total Expense Ratio (TER) of 0.28%, versus 0.74% for FNK. DFAT is up 11.47% year-to-date (YTD) with +$144M in YTD flows. FNK performs worse with 8.59% YTD performance, and +$43K in YTD flows. Run a side-by-side ETF comparison of DFAT and FNK below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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DFAT vs FNK performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 04/29/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | DFAT FNK | +8.03%+7.06% | +4.24%+3.26% | +11.47%+8.59% | +35.86%+28.63% | +59.22%+46.56% | n/a+44.79% |
| Flows | DFAT FNK | +$51M- | -$36M+$43K | +$144M+$43K | +$443M-$16M | +$1.57B-$101M | -+$67M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | DFAT FNK | +15.73%+14.10% | +17.63%+16.36% | +20.40%+19.81% | n/a+21.42% |
| Max drawdown | DFAT FNK | -9.68%-9.07% | -9.68%-9.07% | -26.29%-24.99% | n/a-24.99% |
| Max drawdown duration | DFAT FNK | 65d81d | 65d81d | 379d406d | n/a406d |
Trading data
DFAT | FNK | |
Last sale 5/1/2026 at 1:30 PM | $66.98 | $59.72 |
| Previous close 04/29/2026 | $67.16 | $60.14 |
| Consolidated volume 04/29/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of April 30, 2026
1-year trailing difference
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DFAT
is actively managed and doesn’t replicate an indexDFAT | FNK | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 5/1/2026 at 1:30 PM
Live
Closed
DFAT | FNK | |
|---|---|---|
| Last price | $66.98 | $59.72 |
| 1D performance | -0.27% | -0.70% |
| AuM | $13.47 B | $216.52 M |
| E/R | 0.28% | 0.74% |
Characteristics
DFAT | FNK | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | Dimensional | First Trust |
| Benchmark | - | NASDAQ AlphaDEX Mid Cap Value Index |
| N° of holdings | 1126 | 214 |
| Asset class | - | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | June 14, 2021 | April 19, 2011 |
| ESG | No | No |
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Exposure
Countries
DFAT
USA
86.82%
Other
13.18%
FNK
USA
92.52%
Other
7.48%
Sectors
DFAT
Financials
26.26%
Industrials
15.19%
Consumer Discreti.
12.9%
Energy
10.7%
Information Techn.
7.6%
Materials
7.38%
Other
19.98%
FNK
Financials
22.51%
Consumer Discreti.
14.52%
Industrials
12.48%
Energy
11.06%
Utilities
7.61%
Other
31.82%
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Diversification
DFAT
Total weight of top 15 holdings out of 15
10.53%
FNK
Total weight of top 15 holdings out of 15
14.69%
Top 15 holdings
Data as of March 31, 2026
DFAT
CF INDUSTRIES HOLDINGS
0.97%
US71424F1057
0.95%
APA CORPORATION
0.82%
OVINTIV INC
0.76%
WESCO INTL
0.73%
AKAMAI TECHNOLOGIES
0.72%
BALL
0.70%
VIATRIS INC
0.69%
TOLL BROTHERS
0.66%
ALCOA CORP
0.65%
TD SYNNEX
0.62%
BORGWARNER
0.60%
AMKOR TECHNOLOGY
0.56%
ALLY FINANCL I/D
0.55%
FIRST HORIZON CORP
0.55%
FNK
APA CORPORATION
1.22%
CHORD ENERGY CORPORATION
1.06%
US71424F1057
1.06%
OVINTIV INC
1.06%
CALIFORNIA RESOURCES
1.06%
CH1300646267
1.04%
MATADOR RESOURCES
1.03%
MAGNOLIA OIL AND GAS CORP
0.99%
ALCOA CORP
0.98%
HF SINCLAIR CORPORATION
0.95%
FLUOR
0.86%
EASTMAN CHEMICAL
0.86%
NOV INC
0.86%
US8299331004
0.84%
CABOT
0.82%
Frequently asked questions about DFAT and FNK
How have the DFAT and FNK ETFs performed in 2026?
As of April 29, 2026, DFAT is up 11.47% year-to-date (YTD), while FNK has returned 8.59%. That puts DFAT better performer ahead so far this year.
Which ETF is attracting more investor money: DFAT or FNK?
Year-to-date, the DFAT ETF saw +$144M in flows, compared to +$43K for FNK.
Which ETF is more volatile: DFAT or FNK?
Over the past year, DFAT had a volatility of 17.63%, while FNK experienced 16.36%.
Which ETF is bigger: DFAT or FNK?
As of April 29, 2026, DFAT holds $13.47 B in assets under management (AUM), while FNK manages $216.52 M.
What sectors do the DFAT and FNK ETFs invest in?
DFAT leans toward sectors like Financials, Industrials and Consumer Discretionary. Meanwhile, FNK focuses on Financials, Consumer Discretionary and Industrials.
What are the top holdings of the DFAT ETF and FNK ETF?
DFAT top holdings include CF INDUSTRIES HOLDINGS, US71424F1057 and APA CORPORATION. FNK holds in its top three: APA CORPORATION, CHORD ENERGY CORPORATION and US71424F1057.
Which ETF is more diversified: DFAT or FNK?
DFAT holds 1156 securities with 10.53% of its assets in the top 15. FNK has 224 securities and a top 15 weight of 14.69%.
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