DFCA vs VOO
Dimensional California Municipal Bond ETF compared with Vanguard S&P 500 ETF on yield, payout growth, payment schedule, cost and risk.
DFCA
Dimensional California Municipal Bond ETF
TTM yield · Monthly
VOO
Vanguard S&P 500 ETF
TTM yield · Quarterly
Quick take
- DFCA yields more today: 2.72% vs 1.11% (forward).
- DFCA pays every month; VOO pays every quarter.
- Over the last year VOO delivered the higher total return: +20.0% vs +2.2% (price change plus payouts).
- VOO is cheaper to own: 0.03% vs 0.19% expense ratio.
- VOO has the steadier distribution: consistency 93/100 vs 67/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | DFCA | VOO |
|---|---|---|
| Share price | $49.05 | $704.07 |
| TTM yield | 2.77% | 1.04% |
| Forward yield | 2.72% | 1.11% |
| Annual payout per share | $1.3354 | $7.848 |
| Payment frequency | Monthly | Quarterly |
| Next ex-date | Sep 15, 2026 (est.) | Sep 25, 2026 (est.) |
| Expense ratio | 0.19% | 0.03% |
| 1-year payout growth | — | +5.9% |
| 5-year payout CAGR | — | +6.8% |
| Consecutive years of increases | — | 1 year |
| Payout consistency (last 12) | 67/100 | 93/100 |
| 1-year total return | +2.2% | +20.0% |
| 1-year price return | -0.5% | +18.7% |
| Size (market cap / AUM) | 723.0M | 1.7T |
| Years paying | 3.1 | 16.0 |
| Sector / category | Muni California Intermediate | Large Blend |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| DFCA | VOO | |
|---|---|---|
| Shares | 203.9 | 14.2 |
| Income per year | $272 | $111 |
| Income per month (avg) | $23 | $9 |
At forward yields, before taxes. Model DFCA · Model VOO
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| DFCA Sep 15, 2026 | Sep 29, 2026 | $0.1113 | Est. |
| DFCA Oct 13, 2026 | Oct 27, 2026 | $0.1113 | Est. |
| DFCA Nov 10, 2026 | Nov 24, 2026 | $0.1113 | Est. |
| VOO Sep 25, 2026 | Oct 9, 2026 | $1.962 | Est. |
| VOO Dec 25, 2026 | Jan 8, 2027 | $1.962 | Est. |
| VOO Mar 26, 2027 | Apr 9, 2027 | $1.962 | Est. |
Annual payouts per share
DFCAVOO
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, DFCA or VOO?
DFCA currently has the higher trailing yield: DFCA yields 2.77% and VOO yields 1.04%. Yield changes daily with price, so check the live figures above.
How often do DFCA and VOO pay?
DFCA pays every month and VOO pays every quarter. DFCA's next ex-date is Sep 15, 2026 and VOO's is Sep 25, 2026.
Is DFCA or VOO better for income?
It depends on what you are optimising for. DFCA and VOO differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.