Dimensional Australian Value Trust - Active ETF
Performance
Total return to 23 Oct 2026, distributions reinvested, before franking. ASX figures are to 30 Sept 2026 and gross of franking, so they run higher for franked Australian funds.
What it costs to hold
Management fee plus trading costs, compared with similar funds.
A typical fund among Australian equity funds would cost $187 (0.37% a year), so DAVA is $6 cheaper.
Spread is the average gap between buying and selling prices on the ASX. Fees are shown on a flat balance, not compounded on growth. Excludes tax and any adviser or platform fees.
Calendar-year returns
Where the money is
The issuer does not publish machine-readable holdings for this fund, so exposures and holdings overlap are not available. Return correlations still are.
Monthly returns
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 4.3 | 4.7 | −4.9 | −0.1 | 0.3 | −0.9 | 3.5 | 1.6 | 0.8 | −0.0 | 9.4YTD | ||
| 2025 | 3.3 | −3.6 | −1.2 | 1.0 | 4.7 | 0.5 | 2.1 | 7.0 | 1.2 | 3.0 | −1.0 | 2.3 | 20.6 |
| 2024 | 5.5 | −2.7 | 2.3 | −1.6 | 3.3 |
Total return each month in %, distributions reinvested, before franking. The latest month runs to the last price date. The first year starts from listing.
Most similar funds
Overlap is the share of the portfolio held in common, look-through. Correlation is of daily returns. High overlap means close substitutes.
DAVA questions answered
Written from the latest data on this page. General information only, not financial advice.
How diversified is Dimensional Australian Value Trust - Active ETF?
The issuer of Dimensional Australian Value Trust - Active ETF doesn't publish its holdings in a form we can read, so we can't measure how diversified it is. It is classed as equity with a Australia focus; the product disclosure statement (PDS) and the issuer's fact sheet list what it owns.
Which ETFs does DAVA double up with most?
We can't compare holdings for DAVA, as the issuer doesn't publish them in a form we can read, but its returns move most closely with Betashares Wealthbuilder Aus200 Geared Complex ETF (G200) (correlation 0.77), Betashares Geared Australian Equities Complex ETF (GEAR) (correlation 0.77) and Global X S&P/ASX 200 High Dividend ETF (ZYAU) (correlation 0.77). A correlation near 1 means the two funds tend to rise and fall together, so holding both adds little diversification.
How is Dimensional Australian Value Trust - Active ETF managed – active or passive?
Dimensional Australian Value Trust - Active ETF is actively managed. Rather than tracking an index, a fund manager at DFA decides what to buy and sell, aiming to do better than the market after fees.
Among Australian equity funds, active funds charge a median 0.85% a year and index funds 0.34%.
What will I pay in fees for DAVA?
DAVA charges a management fee of 0.34% a year, about $34 for every $10,000 invested. That is cheaper than 65% of the 471 ASX ETFs we track, where the median fee is 0.44%. Among Australian equity funds, the median is 0.35%.
The fee is taken from the fund's assets and is already reflected in its returns. You'll also pay brokerage when you buy or sell, and the bid-ask spread, which has averaged 0.13% for DAVA.
Does Dimensional Australian Value Trust - Active ETF follow a theme?
Not a theme as such, but it follows a value investment style: it tilts towards companies that look cheap against their earnings or assets.
Other ASX funds using a value approach include Vanguard Global Value Equity Active ETF (VVLU), Dimensional Global Value Trust - Active ETF (DGVA), CB GLBL Infrastructure Value (Hedged) Active ETF (CIVH) and CB GLBL Infrastructure Value Active ETF (CUIV).
What is under the hood of DAVA?
The issuer doesn't publish DAVA's holdings in a form we can read. Its website and fact sheet list the full portfolio.
As an active fund it has no index rule: the manager decides which investments to hold and how much of each, within the limits set out in the PDS.
How well has Dimensional Australian Value Trust - Active ETF performed?
Based on its category, Dimensional Australian Value Trust - Active ETF aims to grow your capital faster than its market after fees.
To 23 Oct 2026, with distributions reinvested, it returned 11.2% over 1 year (median 0.6%; ranked 4 of 65). The medians and rankings compare it with Australian equity funds. Since listing in 2024 it has returned 16.9% a year.
As an active fund, DAVA has no index to track. The fairer test is whether it beats similar funds and its market after fees, over several years.
Past performance is not a reliable indicator of future performance.