ETF Evaluator: BrandywineGLOBAL Dyn US Lrg Cap Val ETF () Follow This ETF

BrandywineGLOBAL Dyn US Lrg Cap Val ETF Overview

BrandywineGLOBAL Dyn US Lrg Cap Val ETF (DVAL) is an actively managed U.S. Equity Large Value exchange-traded fund (ETF). Franklin Templeton Investments launched the ETF in 2014.

The investment seeks long-term capital appreciation by quantitatively investing in U.S. equities. The fund will only invest in U.S. traded companies, which may include companies incorporated outside the U.S. which conduct a significant portion of their activities in the U.S. and are considered U.S. companies in the Russell U.S. indices. In addition, under normal market conditions, the fund invests at least 80% of its net assets in equity securities of large capitalization companies or other instruments with similar economic characteristics. The fund may have significant positions in particular sectors from time to time.

About BrandywineGLOBAL Dyn US Lrg Cap Val ETF (DVAL)

There are 3 members of the management team with an average tenure of 11.76 years: Michael Fleisher (2014), Henry Otto (2014) and Steven Tonkovich (2014). Management tenure is more important for actively managed ETFs than passive index ETFs.

The ETF has 2 primary benchmarks: Russell 3000 TR USD index with a weighting of 100% and S&P 500 (TR) (1970) index with a weighting of 100%. BrandywineGLOBAL Dyn US Lrg Cap Val ETF has 105 securities in its portfolio. The top 10 holdings constitute 35.1% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.

BrandywineGLOBAL Dyn US Lrg Cap Val ETF is part of the Equity global asset class and is within the U.S. Equity ETF group. BrandywineGLOBAL Dyn US Lrg Cap Val ETF has 0.6% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 98.7% There is 0.6% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). BrandywineGLOBAL Dyn US Lrg Cap Val ETF has 0.7% of the portfolio in cash.

Assets Under Management

The fund has $71 million in total assets, which is below the $5 billion average for the Large Value category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

DVAL Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The BrandywineGLOBAL Dyn US Lrg Cap Val ETF expense ratio is average compared to funds in the Large Value category. BrandywineGLOBAL Dyn US Lrg Cap Val ETF has an expense ratio of 0.49%, which is 31% higher than its category average, making the fund expense ratio grade a D. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. BrandywineGLOBAL Dyn US Lrg Cap Val ETF has a portfolio turnover rate of 80%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 40% for the Large Value category.

Recently, in the month of July 2026, BrandywineGLOBAL Dyn US Lrg Cap Val ETF returned 3.9%, which earned it a grade of B, as the Large Value category had an average return of 2.4%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.

BrandywineGLOBAL Dyn US Lrg Cap Val ETF has a trailing yield of 1.77%, which is above the 1.70% category average. The fund normally distributes its income annually and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

BrandywineGLOBAL Dyn US Lrg Cap Val ETF Grades

Year to date, the ETF has returned 13.2%, 1.2 percentage points worse than the category, which translates into a grade of D. The fund has returned 17.1% over the past year (grade of F), 12.2% over the past three years (grade of F) and 8.2% per year over the past five years (grade of F) and 11.4% per year over the past 10 years (grade of D).

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