DFCA vs VTI
Dimensional California Municipal Bond ETF compared with Vanguard Morningstar Total Stock Market ETF on yield, payout growth, payment schedule, cost and risk.
DFCA
Dimensional California Municipal Bond ETF
TTM yield · Monthly
VTI
Vanguard Morningstar Total Stock Market ETF
TTM yield · Quarterly
Quick take
- DFCA yields more today: 2.72% vs 1.11% (forward).
- DFCA pays every month; VTI pays every quarter.
- Over the last year VTI delivered the higher total return: +19.9% vs +2.2% (price change plus payouts).
- VTI is cheaper to own: 0.03% vs 0.19% expense ratio.
- VTI 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 | VTI |
|---|---|---|
| Share price | $49.05 | $377.60 |
| TTM yield | 2.77% | 1.03% |
| Forward yield | 2.72% | 1.11% |
| Annual payout per share | $1.3354 | $4.176 |
| 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 | — | +5.1% |
| 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% | +19.9% |
| 1-year price return | -0.5% | +18.7% |
| Size (market cap / AUM) | 723.0M | 2.3T |
| Years paying | 3.1 | 25.2 |
| 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 | VTI | |
|---|---|---|
| Shares | 203.9 | 26.5 |
| Income per year | $272 | $111 |
| Income per month (avg) | $23 | $9 |
At forward yields, before taxes. Model DFCA · Model VTI
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. |
| VTI Sep 25, 2026 | Oct 9, 2026 | $1.044 | Est. |
| VTI Dec 25, 2026 | Jan 8, 2027 | $1.044 | Est. |
| VTI Mar 26, 2027 | Apr 9, 2027 | $1.044 | Est. |
Annual payouts per share
DFCAVTI
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 VTI?
DFCA currently has the higher trailing yield: DFCA yields 2.77% and VTI yields 1.03%. Yield changes daily with price, so check the live figures above.
How often do DFCA and VTI pay?
DFCA pays every month and VTI pays every quarter. DFCA's next ex-date is Sep 15, 2026 and VTI's is Sep 25, 2026.
Is DFCA or VTI better for income?
It depends on what you are optimising for. DFCA and VTI 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.