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 what sets DFA funds apart from their competition, see our paper: DFA Funds: A Better Way to Invest.