Booth’s Dimensional ETFs Hit $1 Billion Mark in Just Four Months
- Three equity funds achieve milestone ahead of conversion
- Fund-to-ETF switch in June to more than double lineup
This article is for subscribers only.
Dimensional Fund Advisors hit a key milestone only four months after the quant giant’s debut in the $5.9 trillion exchange-traded fund industry.
The Austin, Texas-based firm founded by David Booth has amassed more than $1 billion for its three active equity ETFs, which started trading in the fourth quarter, according to data compiled by Bloomberg. Just this year, the trio has attracted $607 million in inflows, with the Dimensional US Core Equity Market ETF (ticker DFAU) taking in more than half of that haul.