Dimensional's Mutual Fund to ETF Conversion, Midyear Outlook & More


In this episode of ETF Spotlight, I speak with Wes Crill, Head of Investment Strategies, and Nicole Hunter, Head of Capital Markets, at Dimensional Fund Advisors. DFA, the $660 billion quant pioneer, was among the first companies to apply academic research to practical investing.

DFA funds were earlier available to investors only through financial advisers that were vetted by the firm. Last month, the asset manager converted four of its tax-managed mutual funds with about $30 billion of assets into ETFs and became one of the top 15 ETF issuers. With Dimensional US Core Equity Market ETF (DFAU) and International Core Equity Market ETF (DFAI) that were launched last year, they now offer seven ETFs that enable retail investors to access DFA’s investing strategies without an advisor.

We talk about the ETF conversions and midyear investment outlook.

In addition to the Dimensional US Equity ETF (DFUS),  US Core Equity 2 ETF (DFAC), US Small Cap ETF (DFAS) and US Targeted Value ETF (DFAT) that were converted recently, the firm  has applied for at least two more conversions. We discuss why these funds were selected for conversion and what it means for the $21 trillion mutual fund industry.

Dimensional has long been a pioneer in value and small cap Investing. Earlier this year, we saw value outperforming growth, and small caps outperforming large caps by a significant margin. However, investors have returned to large cap, growth-oriented stocks in the past few weeks.

How should investors position their portfolios for the rest of 2021?

Game Stop (GME) and AMC Entertainment (AMC), the poster-children of this year’s meme stock mania, were part of the Russell 2000 value index despite their insane surge. While GameStop joined the Russell 1000 Index of large cap stocks recently, AMC remains in the small cap index, despite having a market cap of over $20 billion. What should investors know about such quirks of indexing?

Tune in to the podcast to learn more.

Make sure to be on the lookout for the next edition of the ETF Spotlight and remember to subscribe! If you have any comments or questions, please email

Bitcoin, Like the Internet Itself, Could Change Everything

Blockchain and cryptocurrency has sparked one of the most exciting discussion topics of a generation. Some call it the “Internet of Money” and predict it could change the way money works forever. If true, it could do to banks what Netflix did to Blockbuster and Amazon did to Sears. Experts agree we’re still in the early stages of this technology, and as it grows, it will create several investing opportunities.

Zacks’ has just revealed 3 companies that can help investors capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly.

See 3 Crypto-Related Stocks Now >>

Click to get this free report

GameStop Corp. (GME): Free Stock Analysis Report

AMC Entertainment Holdings, Inc. (AMC): Free Stock Analysis Report

Dimensional International Core Equity Market ETF (DFAI): ETF Research Reports

Dimensional US Core Equity Market ETF (DFAU): ETF Research Reports

Dimensional Emerging Core Equity Market ETF (DFAE): ETF Research Reports

Dimensional U.S. Core Equity 2 ETF (DFAC): ETF Research Reports

Dimensional U.S. Small Cap ETF (DFAS): ETF Research Reports

Dimensional U.S. Targeted Value ETF (DFAT): ETF Research Reports

Dimensional U.S. Equity ETF (DFUS): ETF Research Reports

To read this article on click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Latest Technology Videos


    Zacks is the leading investment research firm focusing on stock research, analysis and recommendations. In 1978, our founder discovered the power of earnings estimate revisions to enable profitable investment decisions. Today, that discovery is still the heart of the Zacks Rank. A wealth of resources for individual investors is available at

    Learn More