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MLN vs DFCA

Comparison between VANECK LONG MUNI ETF (MLN, ETF) and DIMENSIONAL CALIFORNIA MUNICIPAL BOND ETF (DFCA, ETF).

MLN vs DFCA - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
MLN
$700M
Winner
DFCA
$703M
Expense Ratio
MLN
0.24%
Winner
DFCA
0.19%
Max Drawdown
MLN
31.30%
Winner
DFCA
4.35%
Sharpe Ratio
Winner
MLN
1.41
DFCA
0.35
5Y Beta
MLN
0.03
Winner
DFCA
0.02
5Y Dividends CAGR
MLN
3.92%
DFCA
N/A

MLN vs DFCA - Historical Returns

Returns include dividend reinvestment.

1M
MLN
-0.52%
Winner
DFCA
-0.34%
3M
Winner
MLN
+0.06%
DFCA
+0.01%
6M
Winner
MLN
+2.18%
DFCA
+0.21%
1Y
Winner
MLN
+9.92%
DFCA
+4.36%
5Y(CAGR)
MLN
-1.31%
DFCA
N/A
10Y(CAGR)
MLN
+1.35%
DFCA
N/A
Max(CAGR)
Winner
MLN
+2.90%
DFCA
+2.56%

MLN vs DFCA - Annual Returns (2008 - 2026)

Returns include dividend reinvestment.

YearMLNDFCA
2026+1.65%+0.70%
2025+1.99%+2.96%
2024+1.76%+1.71%
2023+7.86%+2.59%
2022-17.07%N/A
2021+1.78%N/A
2020+6.12%N/A
2019+10.69%N/A
2018-0.67%N/A
2017+8.58%N/A
2016+0.27%N/A
2015+3.85%N/A
2014+17.42%N/A
2013-9.33%N/A
2012+10.23%N/A
2011+16.10%N/A
2010-1.29%N/A
2009+17.85%N/A
2008-18.51%N/A

MLN vs DFCA Drawdown Comparison

The maximum drawdown for MLN was -28.35%, occurring on Dec 15, 2008. Recovery took 423 trading sessions.

The maximum drawdown for DFCA was -3.28%, occurring on Apr 11, 2025. Recovery took 131 trading sessions.

The current MLN drawdown is -6.53%. The current DFCA drawdown is -0.82%.

RankMLNDFCA
#1-28.35%
Jan 23, 2008 - Sep 25, 2009
-3.28%
Feb 28, 2025 - Sep 8, 2025
#2-24.46%
Jul 20, 2021 - Oct 26, 2022
-3.07%
Jul 26, 2023 - Nov 29, 2023
#3-23.59%
Mar 9, 2020 - Aug 10, 2020
-1.77%
Feb 27, 2026 - Mar 27, 2026
#4-16.46%
Nov 30, 2012 - Aug 25, 2014
-1.63%
Dec 6, 2024 - Feb 28, 2025
#5-14.34%
Oct 12, 2010 - Aug 3, 2011
-1.27%
Mar 7, 2024 - Jul 5, 2024
#6-10.51%
Jul 7, 2016 - Dec 5, 2017
-1.13%
Oct 1, 2024 - Nov 27, 2024
#7-4.94%
Oct 2, 2009 - May 17, 2010
-0.60%
Jan 8, 2024 - Jan 31, 2024
#8-4.94%
Jan 30, 2015 - Nov 30, 2015
-0.57%
Feb 1, 2024 - Mar 5, 2024
#9-4.69%
Dec 6, 2017 - Feb 8, 2019
-0.42%
Aug 5, 2024 - Sep 4, 2024
#10-3.65%
Feb 10, 2021 - Jun 7, 2021
-0.37%
Nov 28, 2025 - Dec 19, 2025
#11-2.98%
Aug 4, 2011 - Sep 6, 2011
-0.37%
Sep 22, 2025 - Oct 13, 2025
#12-2.94%
Feb 28, 2012 - Apr 10, 2012
-0.28%
Jul 19, 2024 - Jul 26, 2024
#13-2.72%
Oct 4, 2011 - Nov 1, 2011
-0.22%
Dec 29, 2023 - Jan 8, 2024
#14-2.63%
Aug 28, 2019 - Jan 7, 2020
-0.22%
Nov 11, 2025 - Nov 19, 2025
#15-2.09%
Aug 10, 2020 - Nov 19, 2020
-0.20%
Oct 24, 2025 - Nov 10, 2025

Correlation

Correlation between MLN and DFCA is 0.92 which considered as a very strong positive correlation - the stocks move almost identically together.

0.92
-101

Dividend Comparison (2008 - 2026)

MLN vs DFCA dividend yield comparison.

YearMLNDFCA
20261.93%1.43%
20253.73%2.86%
20243.59%2.86%
20233.19%1.24%
20222.67%0.00%
20212.52%0.00%
20202.69%0.00%
20192.98%0.00%
20183.09%0.00%
20172.91%0.00%
20163.16%0.00%
20153.38%0.00%
20143.78%0.00%
20134.42%0.00%
20123.88%0.00%
20114.45%0.00%
20104.76%0.00%
20094.72%0.00%
20085.23%0.00%

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