Dimensional Global Small Company - Active ETF (DGSM) Review & Analysis
- −0.7% in September (total return), behind the median international shares ETF at +0.0%.
- Investors added a net $7.8m (1.1% of the fund).
- The unit price closed the month at $38.39, 6% below its 12-month high (range $34.74 to $41.01).
About DGSM
DGSM is Dimensional's global small company fund, offered as an active ETF. It does not track an index. Instead, Dimensional uses a systematic, research-based approach to hold thousands of smaller companies in developed markets outside Australia, leaning towards those that are cheaper and more profitable. It is unhedged.
With so many holdings, each company is a tiny part of the fund, so no single stock has much effect. The portfolio is spread widely across industrials, financials, consumer, technology and health care businesses, with the US the largest market. Smaller companies are more volatile than large ones and more sensitive to the economy and borrowing costs, and the value and profitability tilts mean returns can differ from a plain small-cap index. Income is modest and unfranked, and currency moves feed directly into returns.
DGSM is often used as a satellite to add small-company exposure to a global portfolio. Alternatives include VISM, QSML and the US-only IJR; see VISM vs DGSM and QSML vs DGSM.
DGSM distributions and dividend dates
DGSM pays distributions yearly, usually going ex-distribution in July, with payment about 15 days after the ex-date. (Pattern estimated from recent payments.)
The latest distribution was $1.3542 per unit (0% franked), ex-distribution on 1 July 2026 and paid on 16 July 2026. To receive it you need to own DGSM before the ex-date.
Its distribution yield over the past 12 months is about 3.8%. Distributions vary and past payments are not a guide to future ones.
From ASX announcements, updated nightly. See every ETF in the dividend calendar.
Compare DGSM with
| Fee | 0.65% | 0.59% |
| 1 year | +9.8% | −1.4% |
| 5 yrs p.a. | – | +7.1% |
| Size | $701m | $1.6bn |
| Fee | 0.65% | 0.32% |
| 1 year | +9.8% | +10.4% |
| 5 yrs p.a. | – | +6.6% |
| Size | $701m | $952m |
| Fee | 0.65% | 0.07% |
| 1 year | +9.8% | +10.6% |
| 5 yrs p.a. | – | +5.9% |
| Size | $701m | $827m |
| Fee | 0.65% | 0.62% |
| 1 year | +9.8% | +4.2% |
| 5 yrs p.a. | – | – |
| Size | $701m | $262m |
DGSM price by TradingView
| Stock Code | DGSM |
|---|---|
| Fund Manager | Dimensional |
| Asset Class | International shares |
| AUM | $701m |
| MER (%) | 0.65% |
| Net flows (Sep) | +$7.8m |
| Last Price | $38.39 |
| 52-Week Range | $34.74 – $41.01 |
| Bid/Ask Spread | 0.23% |
| Listing Date | 19/08/2024 |
| Exchange | ASX |
| Index | None: actively managed. See the PDS for its benchmark |
| Issuer website | Dimensional ↗ |
Performance (% return)
$10,000 invested…
Value at 30 September 2026 with distributions reinvested, before tax and brokerage.
Total returns including distributions, to 30 September 2026. 1M, 1Y, 3Y and 5Y bars are cumulative.
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