Joel Schneider
Deputy head of portfolio management for North America at Dimensional Fund Advisors, responsible for portfolio strategy and discussing Dimensional's ETF share-class launch and product details.
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Mar 26, 2026 • 32min
That Mutual Fund Has an ETF Now
Joel Schneider, deputy head of portfolio management at Dimensional Fund Advisors, explains why his firm launched the first ETF share class of an existing mutual fund. He discusses the hybrid single-portfolio, two-access-point structure, why they picked a 45-year-old microcap fund, tax-free conversions and tax-efficiency, and how this blueprint might shift trillions between mutual funds and ETFs.
