DFCA vs. VCADX
Compare and contrast key facts about Dimensional California Municipal Bond ETF (DFCA) and Vanguard California Intermediate-Term Tax-Exempt Fund Admiral Shares (VCADX).
DFCA is an actively managed fund by Dimensional. It was launched on Jun 26, 2023. VCADX is managed by Vanguard. It was launched on Nov 12, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DFCA or VCADX.
Correlation
The correlation between DFCA and VCADX is 0.17, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
DFCA vs. VCADX - Performance Comparison
Key characteristics
DFCA:
0.44
VCADX:
0.47
DFCA:
0.60
VCADX:
0.64
DFCA:
1.09
VCADX:
1.11
DFCA:
0.39
VCADX:
0.48
DFCA:
1.48
VCADX:
1.69
DFCA:
0.88%
VCADX:
1.18%
DFCA:
2.94%
VCADX:
4.26%
DFCA:
-3.28%
VCADX:
-11.16%
DFCA:
-1.86%
VCADX:
-2.19%
Returns By Period
In the year-to-date period, DFCA achieves a -0.92% return, which is significantly lower than VCADX's -0.84% return.
DFCA
-0.92%
-0.67%
-0.64%
1.15%
N/A
N/A
VCADX
-0.84%
-1.15%
-0.52%
1.81%
1.25%
2.11%
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DFCA vs. VCADX - Expense Ratio Comparison
DFCA has a 0.19% expense ratio, which is higher than VCADX's 0.09% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
DFCA vs. VCADX — Risk-Adjusted Performance Rank
DFCA
VCADX
DFCA vs. VCADX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dimensional California Municipal Bond ETF (DFCA) and Vanguard California Intermediate-Term Tax-Exempt Fund Admiral Shares (VCADX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
DFCA vs. VCADX - Dividend Comparison
DFCA's dividend yield for the trailing twelve months is around 3.04%, more than VCADX's 2.73% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DFCA Dimensional California Municipal Bond ETF | 3.04% | 2.87% | 1.24% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VCADX Vanguard California Intermediate-Term Tax-Exempt Fund Admiral Shares | 2.73% | 2.86% | 2.57% | 2.36% | 2.10% | 2.27% | 2.52% | 2.71% | 2.68% | 2.78% | 2.87% | 3.08% |
Drawdowns
DFCA vs. VCADX - Drawdown Comparison
The maximum DFCA drawdown since its inception was -3.28%, smaller than the maximum VCADX drawdown of -11.16%. Use the drawdown chart below to compare losses from any high point for DFCA and VCADX. For additional features, visit the drawdowns tool.
Volatility
DFCA vs. VCADX - Volatility Comparison
The current volatility for Dimensional California Municipal Bond ETF (DFCA) is 1.92%, while Vanguard California Intermediate-Term Tax-Exempt Fund Admiral Shares (VCADX) has a volatility of 3.19%. This indicates that DFCA experiences smaller price fluctuations and is considered to be less risky than VCADX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.