DFUS vs MSLC
Dimensional U.S. Equity Market ETF against Morgan Stanley Pathway Large Cap Equity ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
81%
887 shared positions
Fee gap
30 bp
DFUS is cheaper
1-year return gap
4.3 pts
DFUS is ahead
Larger fund
DFUS
$21.8B
Side by side
| DFUS | MSLC | |
|---|---|---|
| Fund | Dimensional U.S. Equity Market ETF | Morgan Stanley Pathway Large Cap Equity ETF |
| Issuer | Dimensional | Morgan Stanley |
| Category | Total Market | Large Cap Blend |
| Expense ratio | 0.09% | 0.39% |
| Assets | $21.8B | $4.1B |
| Average daily dollar volume | $60M | $4.6M |
| Listed | Sep 25, 2001 | Nov 18, 1991 |
| FrenzyCap score | 89 | 67 |
| 1-month return | +2.6% | +2.4% |
| 3-month return | +3.6% | +3.6% |
| Year to date | +14.3% | +12.6% |
| 1-year return | +15.8% | +11.5% |
| 30-day volatility | 10.0% | 10.4% |
| Worst drawdown, 1 year | −9.2% | −9.8% |
| Trailing 12-month yield | 0.85% | 1.91% |
| Holdings | 2,238 | 1,008 |
| Top 10 weight | 35.2% | 34.8% |
| Look-through P/E | 25.5 | 25.5 |
| Holdings vs fair value | +2.6% | +2.3% |
| Holdings above 200-day average | 68% | 69% |
| Net flow, latest 3 reported months | +$188M thru Jul 2026 | +$101M thru May 2026 |
| 30-day implied volatility | 13.8% | — |
| Holdings as of | as of Apr 30, 2026SEC filing | as of May 31, 2026SEC filing |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
96% of DFUS · 95% of MSLC| Holding | DFUS | MSLC |
|---|---|---|
| NVDA | 6.96% | 6.61% |
| AAPL | 5.85% | 4.87% |
| MSFT | 4.51% | 4.98% |
| AMZN | 3.83% | 4.46% |
| GOOGL | 3.30% | 3.45% |
| AVGO | 2.89% | 2.87% |
| GOOG | 2.74% | 2.14% |
| META | 2.01% | 2.33% |
| TSLA | 1.78% | 1.32% |
| JPM | 1.26% | 1.37% |
| BRK.B | 1.30% | 1.10% |
| XOM | 0.96% | 0.95% |
| MU | 0.89% | 1.76% |
| LLY | 1.12% | 0.86% |
| V | 0.83% | 1.23% |
| AMD | 0.86% | 0.81% |
| MA | 0.63% | 0.83% |
| NFLX | 0.59% | 0.84% |
| BAC | 0.54% | 0.63% |
| CSCO | 0.54% | 0.94% |
| JNJ | 0.83% | 0.53% |
| ABBV | 0.56% | 0.53% |
| INTC | 0.68% | 0.49% |
| WMT | 0.87% | 0.49% |
| PG | 0.51% | 0.48% |
Sector mix of the stock holdings
| Sector | DFUS | MSLC | Gap |
|---|---|---|---|
| Technology | 42.2% | 42.3% | −0.1% |
| Industrials | 12.7% | 12.8% | −0.1% |
| Consumer Discretionary | 11.8% | 11.0% | +0.9% |
| Financials | 10.6% | 10.0% | +0.6% |
| Health Care | 8.1% | 7.2% | +0.8% |
| Consumer Staples | 3.3% | 2.7% | +0.6% |
| Energy | 3.0% | 2.7% | +0.3% |
| Utilities | 3.2% | 2.3% | +0.9% |
| Materials | 2.7% | 2.8% | −0.1% |
| Communication Services | 2.0% | 2.1% | −0.1% |
| Real Estate | 0.1% | 0.7% | −0.6% |
| Other | 0.0% | 0.0% | +0.0% |
More: full overlap table · DFUS holdings · MSLC holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.