Our first Fund in Focus article looks at our change  from an ETF that tracks Micro Cap stocks to a mutual fund using the same strategy.  In theory, two passively managed funds should have relatively similar results, but $1 invested in the DFA Micro Cap mutual fund (DFSCX) over the past three years  would have yielded $1.03 while a $1 investment in iShares Russell Micro Cap ETF (IWC) would have fallen to $0.92.  As usual, the devil is in the details.

Read the complete Fund in Focus here.