Dimensional Etf Trust Etf Profile

DFNM Etf  USD 48.20  0.03  0.06%   

Performance

5 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Less than 9

 
High
 
Low
Low
Dimensional ETF is selling at 48.20 as of the 28th of November 2024; that is 0.06 percent up since the beginning of the trading day. The etf's lowest day price was 48.19. Dimensional ETF has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Dimensional ETF Trust are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
Under normal market conditions, the Portfolio will invest at least 80 percent of its net assets in municipal securities that pay interest exempt from federal income tax. Dimensional National is traded on NYSEARCA Exchange in the United States. More on Dimensional ETF Trust

Moving together with Dimensional Etf

  0.89SUB iShares Short TermPairCorr
  0.95SHM SPDR Nuveen BloombergPairCorr
  0.81FSMB First Trust ShortPairCorr

Moving against Dimensional Etf

  0.43TSJA TSJAPairCorr
  0.43DSJA DSJAPairCorr

Dimensional Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationInvestment Grade ETFs, Municipals ETFs, Muni National Short, Dimensional Fund Advisors (View all Sectors)
IssuerDimensional Fund Advisors
Inception Date2021-11-15
Entity TypeRegulated Investment Company
Asset Under Management1.41 Billion
Asset TypeFixed Income
CategoryMunicipals
FocusInvestment Grade
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorCiti Fund Services Ohio, Inc.
AdvisorDimensional Fund Advisors LP
CustodianCitibank, N.A.
DistributorDFA Securities LLC
Portfolio ManagerDavid A. Plecha, Joseph F. Kolerich, Travis A. Meldau
Transfer AgentCitibank, N.A.
Fiscal Year End31-Oct
ExchangeNYSE Arca, Inc.
Number of Constituents998
Market MakerJane Street
Total Expense0.19
Management Fee0.16
Country NameUSA
Returns Y T D1.59
NameDimensional ETF Trust
Currency CodeUSD
Open FigiBBG012558M00
1y Volatility4.29
200 Day M A48.0671
50 Day M A48.2054
CodeDFNM
Updated At27th of November 2024
Currency NameUS Dollar
TypeETF
Dimensional ETF Trust [DFNM] is traded in USA and was established 2021-11-15. The fund is listed under Muni National Short category and is part of Dimensional Fund Advisors family. The entity is thematically classified as Investment Grade ETFs. Dimensional ETF Trust currently have 536.31 M in assets under management (AUM). , while the total return for the last 3 years was 0.4%.
Check Dimensional ETF Probability Of Bankruptcy

Dimensional ETF Trust Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Dimensional ETF. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

Dimensional ETF Against Markets

When determining whether Dimensional ETF Trust is a strong investment it is important to analyze Dimensional ETF's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Dimensional ETF's future performance. For an informed investment choice regarding Dimensional Etf, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dimensional ETF Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
The market value of Dimensional ETF Trust is measured differently than its book value, which is the value of Dimensional that is recorded on the company's balance sheet. Investors also form their own opinion of Dimensional ETF's value that differs from its market value or its book value, called intrinsic value, which is Dimensional ETF's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Dimensional ETF's market value can be influenced by many factors that don't directly affect Dimensional ETF's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Dimensional ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dimensional ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dimensional ETF's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.