DLCU vs FMCX
DFA US Large Company ETF vs FM Focus Equity ETF
Which is better, DLCU or FMCX?
DLCU costs less.
DLCU has a lower expense ratio.
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 | DLCU | FMCX |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.72% |
| AUM | $13.9B | $115M |
| Dividend Yield | 0.17% | 0.30% |
| Holdings | 1,019 | 32 |
| YTD Return | -1.55% | +5.96%Best |
| 1Y Return | - | +6.03% |
| 3Y Return (annualized) | - | +14.81% |
| Fund Family | Dimensional | First Manhattan |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Aug 4, 2026 | Apr 22, 2022 |
Not shown on this pair: 5Y Return (annualized), Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
DLCU vs FMCX 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.
DLCU vs FMCX Performance
DFA US Large Company ETF (DLCU) is an ETF from Dimensional and FM Focus Equity ETF (FMCX) is an ETF from First Manhattan. Year to date, DLCU is down 1.55% versus a gain of 5.96% for FMCX.
Past performance does not guarantee future results.
Fees and Cost Over Time
DLCU charges 0.06% per year while FMCX charges 0.72%. On a $10,000 position that is $6 vs $72 annually, a gap of $66 per year that compounds over a long holding period. On income, DLCU currently yields 0.17% against 0.30% for FMCX.
Holdings Overlap
At least 28.8% of DLCU's money is in holdings FMCX also owns.
Stated as a floor: for FMCX, our book for it covers 88.0% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
DLCU and FMCX share little of their money.
24 positions in common, counted across the 506 positions we hold weights for in DLCU and 28 in FMCX, against full books of 1,019 and 32.
Top Shared Holdings
| Stock | Weight in DLCU | Weight in FMCX | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 5.98% | 7.38% | 1.40% |
| NVDANvidia Corp | 7.85% | 1.99% | 5.86% |
| AMZNAmazon.Com Inc | 3.73% | 4.62% | 0.89% |
| GEGeneral Electric Co. | 0.48% | 5.83% | 5.35% |
| KKRKkr & Co. Inc. Class A | 0.09% | 5.89% | 5.80% |
| AVGOBroadcom Inc | 2.45% | 3.13% | 0.68% |
| INTCIntel Corp. | 0.71% | 4.15% | 3.44% |
| CRMSalesforce Inc Crm Us Equity | 0.30% | 4.46% | 4.16% |
| TMOThermo Fisher | 0.38% | 4.07% | 3.69% |
| GOOGAlphabet Inc. C | 2.45% | 1.89% | 0.56% |
28.8% of DLCU is already inside FMCX.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DLCU or FMCX?
DLCU has an expense ratio of 0.06% while FMCX charges 0.72%. DLCU is the cheaper option, by $66 a year on a $10,000 investment.
What is the holdings overlap between DLCU and FMCX?
At least 28.8% of DLCU's money is in holdings FMCX also owns. Our book for FMCX is partial, so the real figure is this or higher. They hold 24 positions in common, counted across the 506 positions we hold weights for in DLCU and 28 in FMCX.
Which pays a higher dividend, DLCU or FMCX?
DLCU yields 0.17% while FMCX yields 0.30%, so FMCX currently pays the higher dividend yield.
Is FMCX better than DLCU?
DLCU has a lower expense ratio. Which one suits a particular account depends on what it is for. This is information, not a recommendation.