DFUS Fees and Costs — Dimensional U.S. Equity Market ETF
Data updated: 2026-09-24
The net expense ratio is 0.09%: a 0.08% management fee plus 0.01% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $114K in broker commissions, 0.0008% of average net assets, and portfolio turnover was 3%.
DFUS Fees and Expenses
Annual operating expenses and sales charges of DFUS. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.08% |
| 12b-1 fee | — |
| Other expenses | 0.01% |
| Gross expense ratio | 0.09% |
| Fee waiver | — |
| Net expense ratio | 0.09% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
DFUS Costs Over Time
On $10,000 invested in DFUS, assuming 5% a year before costs, total costs come to $58 over 5 years, cutting the return by 0.10% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.09%) | $9 | $30 | $52 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $1 | $5 |
| Total costs | $10 | $32 | $58 |
| Value after costs | $10,490 | $11,545 | $12,705 |
| Impact on return, per year | 0.10% | 0.10% | 0.10% |
DFUS Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0008%
- Total broker commissions: $114K
- Bought from dealers (principal trades, not a cost): $4.5B
- Portfolio turnover (prospectus): 3%
- Securities on loan, average value: $265.8M
- Net income from securities lending: $468K (0.003% of average net assets)
DFUS Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Jefferies LLC | $29K | 25.71% |
| Instinet, LLC | $27K | 23.37% |
| Goldman Sachs & Co. LLC | $25K | 22.13% |
| Virtu Americas LLC | $22K | 19.30% |
| Citigroup Global Markets Inc. | $5K | 4.63% |
| UBS Securities LLC | $2K | 2.13% |
| Loop Capital Markets LLC | $2K | 1.83% |
| Rosenblatt Securities Inc. | $923 | 0.81% |
| BofA Securities, Inc. | $98 | 0.09% |
| JonesTrading Institutional Services LLC | $2 | 0.00% |
DFUS Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $1.3B | 27.75% |
| Jane Street Capital, LLC | $1.1B | 24.18% |
| J.P. Morgan Securities LLC | $907.8M | 20.07% |
| Citigroup Global Markets Inc. | $576.0M | 12.73% |
| Virtu Americas LLC | $229.6M | 5.08% |
| Goldman Sachs & Co. LLC | $209.4M | 4.63% |
| Nomura Securities International, Inc. | $177.0M | 3.91% |
| RBC Capital Markets, LLC | $55.2M | 1.22% |
| BNY Mellon Capital Markets, LLC | $17.0M | 0.38% |
| ABN Amro Securities (USA) LLC | $2.4M | 0.05% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.