DFAR ETF — Dimensional US Real Estate ETF

Dimensional US Real Estate ETF (DFAR)

Updated November 13, 2026.

DFAR is a low-cost ETF. Its distribution rate is 4.70%, its trailing-12-month yield is 3.33%, its expense ratio is 0.18%. Dividend Vision Distribution Safety Score™ is 84/100 (Safe). Total return is 17.9% over the past 4.7 years, 70.4 points behind SPY at 88.3%.

At the current 4.70% distribution rate, a $10,000 investment would generate approximately $470 per year, or about $117.50 per quarter if the next payment matches the last regular one.

Dimensional US Real Estate ETF is a fund that uses a market-capitalization-weighted approach to invest in publicly traded companies engaged in real estate ownership, management, development, construction, and sales, including real estate investment trusts and residential construction firms. The fund distributes its income on a quarterly basis and has a modest expense ratio of 0.18%. It may appeal to income-focused investors seeking equity exposure to the real estate sector.

DFAR performance versus SPY

As of Nov 12, 2026

Total return is 17.9% over the past 4.7 years, 70.4 points behind SPY at 88.3%. Over the past year its total return — price change plus distributions reinvested — is 14.5%. Its deepest 1-year drawdown was 11.5%.

DFAR key facts

Distribution Safety Score™

84 · Safe

Safety-Adjusted Yield

3.95%

Issuer

Dimensional

Asset type

ETF

Asset class

Equity

Inception date

02/23/2022

Expense ratio

0.18%

Distribution rate

4.70%

Distribution frequency

Quarterly

Trailing yield

3.33%

Last close

$26.10 (as of 2026-11-13)

AUM

$1,654,080,690

Average volume

849,334

Dividend

$0.307

Ex-dividend date

09/22/2026

Payment date

09/24/2026

Beta

0.91

How Dividend Vision calculates yield and returns

Distribution rate (4.70%) uses latest regular dividend ($0.307) × 4 ÷ market price dated 2026-11-13; one-off specials excluded; identified recurring supplementals included. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (3.33%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Dimensional; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

DFAR risks and drawbacks

Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 11.5%.

Who may consider DFAR — and who may not

DFAR may suit someone looking for low-cost broad dividend exposure, a high Distribution Safety Score, moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (DFAR pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on DFAR

• ETFs going ex-dividend this week
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Tagged: Real Estate.

Frequently asked questions

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