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DFNM
+0.53 · +1.11%
$48.41 · NYSE ARCA

Dimensional ETF Trust (DFNM) ETF Analysis | Muni National Interm

Dimensional Fund Advisors · USA
AUM:$2.0B
#– of – in Muni National Interm ETFs

Educational tool only – Figures are based on historical data, holdings and expense metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.

Market Performance

DFNM returned +4.7% over the past year, broadly in line with flat market conditions.

Cost Efficiency

Ongoing charge of 0.17% — competitive for the exposure provided.

What is DFNM?

Under normal market conditions, the Portfolio will invest at least 80% of its net assets in municipal securities that pay interest exempt from federal income tax. The Portfolio will generally maintain a weighted average duration of no more than one half year greater, and no less than one year below, the average duration of the S&P Intermediate Term National AMT-Free Municipal Bond Index.

Performance Highlights

Returns (%)
Cost & Yield (%)

Investment Breakdown

Modest 1-Year Return
DFNM returned 4.7% over the past year.
Competitive Expense Ratio
Expense ratio of 0.17% — reasonable for the index exposure provided.
Broadly Diversified
Top 10 holdings represent just 0.9% of the ETF — exposure spread across many positions.
ETF Information
AUM$2.0B
Expense Ratio0.17%
Dividend Yield2.91%
Holdings1
Inception DateNov 2021
Domicile–
Distribution–
Index–
ProviderDimensional Fund Advisors
Beta0.61
CategoryMuni National Interm
CurrencyUSD
Portfolio Impact

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Example preview
6168
+7 points · better diversified

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Uses ISF.L (iShares FTSE 100 ETF)
Indicators

Performance Metrics

Historical returns

6M
-2.4%
1Y
+2.0%
3Y
+8.4%
5Y
+4.6%
OpenBook InsightIf you had invested £10,000 in DFNM 5 years ago, it would have grown to £10,459 — a gain of £459.

Annual Returns

Calendar year performance

DFNM delivered positive returns in 3 of the last 5 calendar years.
YearDFNM
2026 YTD-0.8%
2025+3.8%
2024+1.4%
2023+3.9%
2022-4.0%
CAGR 4yr+1.2%
3/5 positive yearsAvg return: +0.9%Worst year: -4.0% (2022)

Technical Analysis Summary

Automated insights from historical price action and indicators

Technical Regime: NEGATIVE
Trend Strength
0%
Negative
Volatility
2.6%
Low
Momentum
-1.2%
30-day change
Support Level
47.53
Key floor
Key Insights
  • Price is currently below all major moving averages, indicating a weaker trend profile.
  • Price is consolidating, with low momentum over the recent period.
  • Low volatility environment with a narrower recent trading range.
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