{
 "ticker": "DFNM",
 "name": "Dimensional National Municipal Bond ETF",
 "issuer": "Dimensional",
 "desk": "core",
 "url": "https://etfiq.com/funds/dfnm",
 "html": "https://etfiq.com/funds/dfnm",
 "markdown": "https://etfiq.com/funds/dfnm.md",
 "as_of": "2026-10-02",
 "verdict": "DFNM is actively managed and returned \u22120.7% over the past year.",
 "category": {
  "id": "bonds",
  "name": "Bonds",
  "label": "Bond ETFs",
  "url": "https://etfiq.com/bonds/",
  "group": {
   "id": "municipal-bonds",
   "name": "Municipal bonds"
  },
  "segment": {
   "id": "muni-national-intermediate",
   "name": "Municipal, national, intermediate",
   "url": "https://etfiq.com/bonds/muni-national-intermediate/"
  },
  "status": "classified",
  "as_of": "2026-10-03",
  "method": "https://etfiq.com/methodology/categories"
 },
 "key_facts": [
  {
   "key": "total_return_1_year",
   "label": "Total return, 1 year",
   "value": "\u22120.7%",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "DFNM, total return, 1 year: \u22120.7%, as of Oct 2, 2026."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.17%",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "DFNM, expense ratio: 0.17%, as of Oct 2, 2026."
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "1198",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "DFNM, holdings: 1198, as of Oct 2, 2026."
  },
  {
   "key": "below_its_high",
   "label": "Below its high",
   "value": "\u22123.6%",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "DFNM, below its high: \u22123.6%, as of Oct 2, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$2.2bn",
   "source": "SEC filing, whole fund, as filed for Jul 31, 2026",
   "as_of": "2026-10-02",
   "sentence": "DFNM, net assets: $2.2bn (SEC filing, whole fund, as filed for Jul 31, 2026)."
  }
 ],
 "fields": [
  {
   "key": "what_it_tracks",
   "label": "What it tracks",
   "value": "No index, actively managed",
   "source": null
  },
  {
   "key": "fund_type",
   "label": "Fund type",
   "value": "Bond fund",
   "source": null
  },
  {
   "key": "category",
   "label": "Category",
   "value": "Bonds \u00b7 Municipal, national, intermediate",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.17%",
   "source": "485BPOS XBRL, Feb 27, 2026"
  },
  {
   "key": "price",
   "label": "Price",
   "value": "$46.26",
   "source": null
  },
  {
   "key": "listed_since",
   "label": "Listed since",
   "value": "Nov 16, 2021",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$2.2bn",
   "source": "SEC filing, whole fund, as filed for Jul 31, 2026"
  },
  {
   "key": "below_its_high",
   "label": "Below its high",
   "value": "\u22123.6%",
   "source": "ETFIQ"
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "1198",
   "source": null
  },
  {
   "key": "top_ten_weight",
   "label": "Top ten weight",
   "value": "6.0%",
   "source": null
  },
  {
   "key": "holdings_as_of",
   "label": "Holdings as of",
   "value": "Jul 31, 2026",
   "source": "SEC N-PORT"
  }
 ],
 "periods": [
  {
   "window": "3 months",
   "Total return": "\u22123.6%",
   "S&P 500": "+3.6%",
   "Gap to S&P 500": "\u22127.2 pts",
   "Gap to Nasdaq-100": "\u22128.9 pts"
  },
  {
   "window": "6 months",
   "Total return": "\u22122.4%",
   "S&P 500": "+17.9%",
   "Gap to S&P 500": "\u221220.3 pts",
   "Gap to Nasdaq-100": "\u221230.8 pts"
  },
  {
   "window": "1 year",
   "Total return": "\u22120.7%",
   "S&P 500": "+16.2%",
   "Gap to S&P 500": "\u221216.9 pts",
   "Gap to Nasdaq-100": "\u221225.0 pts"
  },
  {
   "window": "3 years",
   "Total return": "+8.7%",
   "S&P 500": "+89.3%",
   "Gap to S&P 500": "\u221280.5 pts",
   "Gap to Nasdaq-100": "\u2212106.0 pts"
  },
  {
   "window": "Since listing",
   "Total return": "+3.3%",
   "S&P 500": "+75.4%",
   "Gap to S&P 500": "\u221272.1 pts",
   "Gap to Nasdaq-100": "\u221291.0 pts"
  }
 ],
 "questions": [
  {
   "q": "How has DFNM performed?",
   "a": "Over the year to Oct 2, 2026, DFNM returned \u22120.7% with distributions reinvested, against +16.2% for the S&P 500. Over three years the figure is +8.7%."
  },
  {
   "q": "What does DFNM cost?",
   "a": "The prospectus expense ratio is 0.17% a year."
  },
  {
   "q": "How far is DFNM below its high?",
   "a": "3.6% below its high of Jul 2, 2026, measured on the reinvested series to Oct 2, 2026."
  }
 ],
 "generated": "2026-10-03",
 "license": "https://etfiq.com/license/",
 "license_text": "Free to use with attribution. ETFIQ (etfiq.com)."
}