Performance analysis of DFNM (DIMENSIONAL NATIONAL MUNICIPAL BOND ETF)
Annual Return
Over the past 3 years, DFNM has had an average annual return of +3.39%, underperforming the benchmark SPY, which returned +22.77% annual.
Since Nov 16, 2021, DFNM has had an average annual return of +1.44%, underperforming the benchmark SPY, which returned +12.70% annual.
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +1.27% | +3.86% | +1.20% | +3.97% | -4.02% | +0.47% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.82% | +0.84% | -1.55% | +0.84% | +0.22% | +0.12% | +1.27% | ||||||
| 2025 | +0.41% | +0.82% | -1.08% | -0.27% | +0.22% | +0.49% | -0.07% | +0.55% | +1.42% | +0.76% | +0.20% | +0.35% | +3.86% |
| 2024 | -0.15% | -0.09% | -0.17% | -0.63% | -0.18% | +0.82% | +0.71% | +0.74% | +0.83% | -0.98% | +0.99% | -0.67% | +1.20% |
| 2023 | +1.73% | -1.99% | +1.94% | -0.60% | -0.86% | +0.56% | +0.14% | -0.66% | -1.39% | -0.31% | +3.64% | +1.84% | +3.97% |
| 2022 | -1.85% | -0.29% | -1.66% | -1.44% | +1.27% | -0.41% | +1.64% | -1.70% | -2.51% | -0.15% | +2.85% | +0.30% | -4.02% |
| 2021 | +0.41% | +0.06% | +0.47% |
Drawdown analysis of DFNM (DIMENSIONAL NATIONAL MUNICIPAL BOND ETF)
The maximum drawdown for the DFNM was -6.99%, occurring on Oct 31, 2022. Recovery took 427 trading sessions.
The current DFNM drawdown is -0.38%.
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -6.99% | Dec 30, 2021 | 210 | Oct 31, 2022 | 427 | Jul 16, 2024 | 637 |
| -2.78% | Mar 3, 2025 | 29 | Apr 11, 2025 | 99 | Sep 4, 2025 | 128 |
| -1.84% | Feb 27, 2026 | 19 | Mar 26, 2026 | Ongoing | Ongoing | Ongoing |
| -1.41% | Oct 2, 2024 | 25 | Nov 6, 2024 | 17 | Dec 2, 2024 | 42 |
| -1.34% | Dec 6, 2024 | 24 | Jan 14, 2025 | 28 | Feb 25, 2025 | 52 |
| -0.43% | Aug 5, 2024 | 10 | Aug 19, 2024 | 10 | Sep 3, 2024 | 20 |
| -0.24% | Sep 22, 2025 | 4 | Sep 26, 2025 | 8 | Oct 8, 2025 | 12 |
| -0.20% | Nov 11, 2025 | 3 | Nov 14, 2025 | 4 | Nov 20, 2025 | 7 |
| -0.20% | Nov 30, 2021 | 6 | Dec 8, 2021 | 8 | Dec 20, 2021 | 14 |
| -0.19% | Oct 22, 2025 | 10 | Nov 5, 2025 | 4 | Nov 11, 2025 | 14 |
| -0.18% | Jan 16, 2026 | 1 | Jan 20, 2026 | 7 | Jan 29, 2026 | 8 |
| -0.13% | Jul 18, 2024 | 3 | Jul 23, 2024 | 5 | Jul 30, 2024 | 8 |
| -0.13% | Jul 30, 2024 | 1 | Jul 31, 2024 | 1 | Aug 1, 2024 | 2 |
| -0.13% | Sep 17, 2024 | 1 | Sep 18, 2024 | 5 | Sep 25, 2024 | 6 |
| -0.12% | Dec 1, 2025 | 2 | Dec 3, 2025 | 8 | Dec 15, 2025 | 10 |
| -0.10% | Oct 20, 2025 | 1 | Oct 21, 2025 | 1 | Oct 22, 2025 | 2 |
| -0.09% | Sep 17, 2025 | 2 | Sep 19, 2025 | 1 | Sep 22, 2025 | 3 |
| -0.08% | Sep 10, 2024 | 2 | Sep 12, 2024 | 1 | Sep 13, 2024 | 3 |
| -0.08% | Feb 25, 2025 | 2 | Feb 27, 2025 | 1 | Feb 28, 2025 | 3 |
| -0.07% | Feb 5, 2026 | 1 | Feb 6, 2026 | 1 | Feb 9, 2026 | 2 |
| -0.06% | Nov 26, 2021 | 1 | Nov 29, 2021 | 1 | Nov 30, 2021 | 2 |
| -0.06% | Dec 20, 2021 | 1 | Dec 21, 2021 | 6 | Dec 30, 2021 | 7 |
| -0.05% | Nov 26, 2025 | 1 | Nov 28, 2025 | 1 | Dec 1, 2025 | 2 |
| -0.05% | Feb 17, 2026 | 1 | Feb 18, 2026 | 3 | Feb 23, 2026 | 4 |
| -0.04% | Nov 20, 2025 | 1 | Nov 21, 2025 | 3 | Nov 26, 2025 | 4 |