Dimensional Fund Advisors (DFA) takes an unconventional approach to managing money. In stark contrast to the “active” money management that defines Wall Street, DFA embraces a “passive” approach rooted in academic research. But don’t confuse DFA’s funds with index funds. Yes, they’re low-cost, broadly diversified, and avoid traditional stock-picking and market timing. DFA funds, however, differ from index funds in important ways which have led to a sizeable performance edge over time. To learn how DFA delivers these stellar returns, see our paper: DFA: A Better Way To Invest.