ETF Evaluator: iShares U.S. Equity Fac Rotation Act ETF () Follow This ETF

iShares U.S. Equity Fac Rotation Act ETF Overview

iShares U.S. Equity Fac Rotation Act ETF (DYNF) is an actively managed U.S. Equity Large Blend exchange-traded fund (ETF). iShares launched the ETF in 2019.

The investment seeks to outperform the investment results of the large- and mid-capitalization U.S. equity markets by providing diversified and tactical exposure to style factors via a factor rotation model. The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets plus the amount of any borrowings for investment purposes in U.S. listed common stock of large- and mid-capitalization companies selected based on a proprietary Factor Rotation model developed by BFA and its affiliates.

About iShares U.S. Equity Fac Rotation Act ETF (DYNF)

There are 3 members of the management team with an average tenure of 2.64 years: Jeff Shen (2026), Philip Hodges (2019) and Stephanie Lee (2026). Management tenure is more important for actively managed ETFs than passive index ETFs.

The ETF has 1 primary benchmark: MSCI USA NR USD index with a weighting of 100%. iShares U.S. Equity Fac Rotation Act ETF has 229 securities in its portfolio. The top 10 holdings constitute 41.6% 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.

iShares U.S. Equity Fac Rotation Act ETF is part of the Equity global asset class and is within the U.S. Equity ETF group. iShares U.S. Equity Fac Rotation Act ETF has 0.1% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 99.8% There is 0.1% 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). iShares U.S. Equity Fac Rotation Act ETF has 0.2% of the portfolio in cash.

Assets Under Management

The fund has $38 billion in total assets, which is above the $13 billion average for the Large Blend 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.

DYNF 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 iShares U.S. Equity Fac Rotation Act ETF expense ratio is below average compared to funds in the Large Blend category. iShares U.S. Equity Fac Rotation Act ETF has an expense ratio of 0.26%, which is 37% lower than its category average, making the fund expense ratio grade a B. 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. iShares U.S. Equity Fac Rotation Act ETF has a portfolio turnover rate of 64%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 158% for the Large Blend category.

Recently, in the month of July 2026, iShares U.S. Equity Fac Rotation Act ETF returned -0.9%, which earned it a grade of D, as the Large Blend category had an average return of -0.8%. 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.

iShares U.S. Equity Fac Rotation Act ETF has a trailing yield of 0.80%, which is below the 1.16% category average. The fund normally distributes its income quarterly.

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.

iShares U.S. Equity Fac Rotation Act ETF Grades

Year to date, the ETF has returned 11.4%, 1.8 percentage points better than the category, which translates into a grade of B. The fund has returned 21.5% over the past year (grade of A), 22.8% over the past three years (grade of A) and 15.0% per year over the past five years (grade of A).

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