Dimensional Funds have become popular, but many of DFA's funds have not been beating the indexes after fees for the past fifteen years, according to a former Morningstar analyst writing for the Wall Street Journal. DFA’s international funds have produced a 5.35% annualized return for the 15-year period ended in 2016 before fees, while the Benchmark Index with no fees, returned 5.29% for the same period. After fees, the DFA fund lost to the index. Steve and Sinclair have the analysts findings on several other DFA funds and a projection for real estate funds published in the Wall Street Journal.