DAVA AU
Dimensional Australian Value Trust – Active ETF Guide (DAVA): What Is It All About?
Last updated: 2026-10-03
Overview
Dimensional Australian Value Trust – Active ETF (DAVA) offers actively managed exposure to Australian value shares. Its reported portfolio is concentrated in financials, materials and energy, with the ten largest holdings representing 59.828% of assets. The profile reports a year-to-date return of 8.51% and a one-year return of 14.55%; past performance does not indicate future results.
Category
Australian value investing focuses on shares selected for their value characteristics. DAVA is an active ETF in this category, and its disclosed portfolio shows a pronounced tilt towards financial services, basic materials and energy rather than an even spread across sectors.
DAVA’s value-oriented Australian share exposure brings together sectors with different business drivers. The reported allocation is led by banks and other financial companies, alongside materials and energy businesses. That mix can make the fund’s results sensitive to changing conditions affecting those industries, rather than reflecting every part of the Australian market evenly.
Key facts
- Ticker
- DAVA
- Exchange
- AU
- ISIN
- AU60DFA01016
- Category / focus
- Equity Australia Large Value
- Provider
- DFA Australia Limited
- Domicile
- Australia
- Currency
- AUD
- Inception date
- 1999-06-10
- UCITS
- No
Costs
The supplied profile does not include a management fee or ongoing cost figure, so the fund’s cost cannot be assessed from this information alone.
Top Australian Brokers
- Pepperstone - Top Australian broker - Read our review
- eToro - Invest in ASX and international shares - Read our review
Performance
- YTD
- 8.5%
- 1 year
- 14.6%
- Dividend yield
- 6.55%
- Top 10 concentration
- 59.8%
Holdings
-
-
-
-
-
RIO Tinto Ltd6.26%
-
Macquarie Group Ltd5.31%
-
-
Santos Ltd3.53%
-
Fortescue Ltd3.27%
-
Weights are percentages of the fund; bars use a 0–100% scale. Displayed entries may not cover the whole portfolio.
The portfolio is centred on Australian companies, with financial services representing 42.067% of equity exposure, basic materials 26.032% and energy 15.101%. Its largest disclosed positions are National Australia Bank (9.391%), Westpac (9.277%) and ANZ Group (8.374%). The ten largest holdings account for 59.828% of assets, making company-specific performance an important consideration.
Regions
-
Australasia100.0%
-
North America0.0%
-
Japan0.0%
-
Asia Emerging0.0%
-
Latin America0.0%
-
Asia Developed0.0%
-
United Kingdom0.0%
-
Europe Emerging0.0%
-
Europe Developed0.0%
-
Africa/Middle East0.0%
Weights are percentages of the fund; bars use a 0–100% scale. Displayed entries may not cover the whole portfolio.
Sectors
-
Financial Services42.1%
-
Basic Materials26.0%
-
Energy15.1%
-
Industrials5.0%
-
Healthcare3.4%
-
Consumer Cyclicals2.6%
-
Utilities2.0%
-
Consumer Defensive1.9%
-
Communication Services1.5%
-
Technology0.2%
Weights are percentages of the fund; bars use a 0–100% scale. Displayed entries may not cover the whole portfolio.
Risks
Who it may suit
DAVA may be of interest to investors researching actively managed Australian value-share exposure. Its portfolio is strongly weighted to financial services, resources and energy, so its performance may differ from funds with broader sector or international exposure. This is general information, not personal financial advice.
Key risks
DAVA is exposed to Australian share-market risk and has notable concentration in financial services, materials and energy. Its largest holdings make up a substantial share of the portfolio, so developments affecting a few companies or sectors may have a meaningful effect. Value shares can also lag other investment styles for extended periods. The reported yield may change and should not be treated as assured income.
FAQ
What does DAVA invest in?
DAVA is an active ETF focused on Australian value shares. Its reported holdings are concentrated in financial services, basic materials and energy.
Does DAVA pay income?
The supplied profile reports a dividend yield of 6.55%. This figure is not a guarantee of future distributions or income.
What are some of DAVA’s largest holdings?
The largest reported positions include National Australia Bank, Westpac, ANZ Group, Woodside Energy and Rio Tinto.
*This content is aimed to provide general information only, and does not take your personal objectives, financial situation or needs into account.
