DFMC vs SPY
Dimensional US Micro Cap Portfolio ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, DFMC or SPY?
Mid Cap Blend against Large Cap Blend.
SPY has a lower expense ratio. DFMC led over 1Y. DFMC is less concentrated, with 5.5% of the fund in its ten largest positions against 38.0%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | DFMC | SPY |
|---|---|---|
| Expense Ratio | 0.41% | 0.09%Best |
| AUM | $7.9B | $814.4B |
| Dividend Yield | 0.22% | 1.01% |
| Holdings | 1,762 | 505 |
| YTD Return | +22.83%Best | +13.34% |
| 1Y Return | - | +19.97% |
| 3Y Return (annualized) | - | +21.20% |
| 5Y Return (annualized) | - | +12.81% |
| Top 10 Weight | 5.5%Best | 38.0% |
| Fund Family | Dimensional | State Street Investment Management |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Large Cap Blend |
| Inception | Mar 19, 2026 | Jan 22, 1993 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
DFMC vs SPY growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
DFMC vs SPY Performance
Dimensional US Micro Cap Portfolio ETF (DFMC) is an ETF from Dimensional and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Year to date, DFMC is up 22.83% versus a gain of 13.34% for SPY.
Past performance does not guarantee future results.
Fees and Cost Over Time
DFMC charges 0.41% per year while SPY charges 0.09%. On a $10,000 position that is $41 vs $9 annually, a gap of $32 per year that compounds over a long holding period. On income, DFMC currently yields 0.22% against 1.01% for SPY.
Holdings Overlap
We hold position weights for 1,731 holdings in DFMC and 504 in SPY, totalling 101.9% and 100.0% of the two funds. That is not enough of SPY to divide by, so no overlap percentage is shown here. Within what we can see, 1 positions appear in both.
1 positions in common, counted across the 1,731 positions we hold weights for in DFMC and 504 in SPY, against full books of 1,762 and 505.
What only one of them owns
Our book lists 495 positions for SPY that do not appear in our book for DFMC (99.5% of the fund), and 1,351 for DFMC that do not appear in SPY (97.8%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in DFMC | Weight in SPY | Difference |
|---|---|---|---|
| AOSAo Smith Corp. | 0.01% | 0.01% | 0.00% |
You are not choosing between two funds in isolation.
Whichever of DFMC and SPY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DFMC or SPY?
DFMC has an expense ratio of 0.41% while SPY charges 0.09%. SPY is the cheaper option, by $32 a year on a $10,000 investment.
Which pays a higher dividend, DFMC or SPY?
DFMC yields 0.22% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.
Is SPY better than DFMC?
SPY has a lower expense ratio. DFMC led over 1Y. DFMC is less concentrated, with 5.5% of the fund in its ten largest positions against 38.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.