DFA U.S. Small Cap is an attractive fund that uses a time-tested rules-based approach. Morningstar’s enhanced ratings framework has determined that the fund’s expense ratio isn’t as competitive as it once was, so we are downgrading its Morningstar Analyst Rating to Silver.
Will DFSTX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable DFSTX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the DFSTX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of DFSTX’s parent organization’s priorities and whether they’re in line with investors’ interests.