DFAC vs MUB

Comparison between DIMENSIONAL U.S. CORE EQUITY 2 ETF (DFAC, ETF) and ISHARES NATIONAL MUNI BOND ETF (MUB, ETF).

5-Year PerformanceDFAC has outperformed MUB, delivering a return of +11.7% compared to +0.9%

DFAC vs MUB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	DFAC(ETF)	MUB(ETF)
Net Assets	$45B	$44B
Expense Ratio	0.17%	0.05%
Max Drawdown	23.86%	14.39%
Sharpe Ratio	1.75	0.66
5Y Beta	0.96	0.05
P/E Ratio	25.31	N/A
Forward P/E	18.22	N/A
5Y Dividends CAGR	N/A	9.25%
5Y EPS CAGR	21.95%	N/A
P/S Ratio	2.25	N/A
P/B Ratio	3.87	N/A

Net Assets

Winner

DFAC

$45B

MUB

$44B

Expense Ratio

DFAC

0.17%

Winner

MUB

0.05%

Max Drawdown

DFAC

23.86%

Winner

MUB

14.39%

Sharpe Ratio

Winner

DFAC

1.75

MUB

0.66

5Y Beta

DFAC

0.96

Winner

MUB

0.05

P/E Ratio

DFAC

25.31

MUB

N/A

Forward P/E

DFAC

18.22

MUB

N/A

5Y Dividends CAGR

DFAC

N/A

MUB

9.25%

5Y EPS CAGR

DFAC

21.95%

MUB

N/A

P/S Ratio

DFAC

2.25

MUB

N/A

P/B Ratio

DFAC

3.87

MUB

N/A

DFAC vs MUB - Historical Returns

Returns include dividend reinvestment.

Period	DFAC	MUB
1 month	+5.67%	-0.07%
3 months	+6.22%	-0.70%
6 months	+12.34%	+1.09%
1 year	+26.94%	+5.43%
5 years(CAGR)	+11.68%	+0.89%
10 years(CAGR)	N/A	+1.92%
Max(CAGR)	+11.68%	+3.10%

Winner

DFAC

+5.67%

MUB

-0.07%

Winner

DFAC

+6.22%

MUB

-0.70%

Winner

DFAC

+12.34%

MUB

+1.09%

Winner

DFAC

+26.94%

MUB

+5.43%

5Y(CAGR)

Winner

DFAC

+11.68%

MUB

+0.89%

10Y(CAGR)

DFAC

N/A

MUB

+1.92%

Max(CAGR)

Winner

DFAC

+11.68%

MUB

+3.10%

DFAC vs MUB - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	DFAC	MUB
2026	+8.89%	+0.50%
2025	+15.76%	+3.65%
2024	+20.22%	+1.40%
2023	+22.46%	+5.17%
2022	-15.31%	-7.26%
2021	+9.52%	+1.08%
2020	N/A	+5.03%
2019	N/A	+7.08%
2018	N/A	+1.07%
2017	N/A	+4.82%
2016	N/A	+0.05%
2015	N/A	+3.17%
2014	N/A	+9.00%
2013	N/A	-4.44%
2012	N/A	+5.08%
2011	N/A	+12.54%
2010	N/A	-0.05%
2009	N/A	+7.11%
2008	N/A	+0.84%
2007	N/A	+1.76%

DFAC vs MUB Drawdown Comparison

The maximum drawdown for DFAC was -23.11%, occurring on Sep 30, 2022. Recovery took 488 trading sessions.

The maximum drawdown for MUB was -13.68%, occurring on Mar 19, 2020. Recovery took 100 trading sessions.

The current DFAC drawdown is -0.02%. The current MUB drawdown is -1.30%.

Rank	DFAC	MUB
#1	-23.11% Jan 4, 2022 - Dec 13, 2023	-13.68% Mar 9, 2020 - Jul 30, 2020
#2	-20.02% Dec 4, 2024 - Jul 3, 2025	-12.33% Sep 9, 2008 - Jan 8, 2009
#3	-8.49% Feb 9, 2026 - Apr 15, 2026	-11.89% Jul 19, 2021 - Dec 4, 2024
#4	-8.27% Jul 16, 2024 - Sep 19, 2024	-9.74% Nov 30, 2012 - Jul 21, 2014
#5	-5.82% Mar 28, 2024 - May 15, 2024	-8.86% Aug 25, 2010 - Jul 13, 2011
#6	-5.54% Nov 16, 2021 - Dec 27, 2021	-6.70% Jul 7, 2016 - Dec 21, 2018
#7	-4.82% Oct 27, 2025 - Nov 28, 2025	-5.67% Jan 17, 2008 - May 20, 2008
#8	-4.49% Sep 2, 2021 - Oct 20, 2021	-5.41% Feb 13, 2012 - Sep 28, 2012
#9	-3.87% Jul 12, 2021 - Jul 29, 2021	-4.80% Jan 12, 2009 - Apr 16, 2009
#10	-3.19% Oct 6, 2025 - Oct 24, 2025	-4.78% Dec 6, 2024 - Sep 10, 2025
#11	-3.12% Jun 15, 2021 - Jun 25, 2021	-3.79% May 20, 2008 - Sep 5, 2008
#12	-2.97% Oct 18, 2024 - Nov 6, 2024	-3.53% May 20, 2009 - Aug 19, 2009
#13	-2.75% Jul 25, 2025 - Aug 12, 2025	-3.16% Sep 30, 2009 - Apr 21, 2010
#14	-2.59% Dec 27, 2023 - Jan 22, 2024	-2.94% Jan 30, 2015 - Nov 23, 2015
#15	-2.55% Nov 11, 2024 - Nov 25, 2024	-2.79% Feb 26, 2026 - Mar 26, 2026

Correlation

Correlation between DFAC and MUB is 0.82 which considered as a strong positive correlation - the stocks tend to move together.

0.82

-101

Dividend Comparison (2007 - 2026)

DFAC vs MUB dividend yield comparison.

Year	DFAC	MUB
2026	0.23%	1.07%
2025	0.97%	3.14%
2024	1.03%	3.01%
2023	1.20%	2.65%
2022	1.50%	2.11%
2021	0.88%	1.81%
2020	0.00%	2.11%
2019	0.00%	2.42%
2018	0.00%	2.46%
2017	0.00%	2.26%
2016	0.00%	2.21%
2015	0.00%	2.51%
2014	0.00%	2.73%
2013	0.00%	3.02%
2012	0.00%	2.89%
2011	0.00%	3.31%
2010	0.00%	3.80%
2009	0.00%	3.61%
2008	0.00%	3.54%
2007	0.00%	1.15%