A new type ultraflattened dispersion square-lattice photonic crystal fiber with two different air-hole diameters in cladding region is proposed and the dispersion is investigated using a compact 2-D finite difference frequency domain method with the anisotropic perfectly matched layers (PML) absorbing boundary conditions. Through numerical simulation and optimizing the geometrical parameters, we find that the photonic crystal fibers proposed can realize ultraflattened dispersion of 0±0.06 ps/(km·nm) in wavelength range of 1.375 m to 1.605 m, which is more flat than that of triangular PCF, and the confinement loss is as low as about 0.01 dB/km at wavelength of 1.55 m.Photonic crystal fibers (PCFs) present greater advantages, such as endlessly single-mode at all wavelengths [1] , tailorable effective modal areas [2] , anomalous dispersion at visible and near infrared band [3] and highly birefringent effect [4] . Controllability of chromatic dispersion in PCFs is very important for realistic applications. In particular, ultraflattened dispersion PCFs are indispensable for optical data transmission systems over a broadband wavelength range [5] , because of the reduction of the accumulated dispersion difference in telecommunication bands without any zero-dispersion wavelength. To achieve ultraflattened dispersion in PCFs, several intriguing designs have been proposed. In conventional PCFs with all the same air-hole diameter in the cladding region, the dispersion slope can be significantly reduced by lowering the ratio between hole-size d and pitch [6] , but it has a high confinement loss of about 0.57 dB/m at a wavelength of 1.55 m [7] . New designs for ultraflattened dispersion PCFs with low confinement loss by varying the hole-size radial have been reported [8][9][10] . However, these approaches bring significant fabrication challenges because several geometrical parameters are needed to simultaneously optimize the dispersion behavior of PCFs. Recently PCFs with two kinds of airhole diameters which can reduce the confinement loss of ultraflattened dispersion with 4 rings were proposed in Ref.[11]. Ref.[12] has demonstrated the technological feasibility of square-lattice PCFs, which can be drawn with the standard stack-and-draw fabrication process. However, previous designs are all based on triangular PCFs, and the report on ultraflattened dispersion properties of square-lattice PCFs is very few. So it is very necessary to investigate ultraflattened dispersion in square-lattice PCFs.In this paper, we propose a new kind of square-lattice PCF with five rings air-holes whose structure is similar to that in Ref [11]. Only two different air-hole diameters are used to avoid extensive complications of the fabrication process. A compact two-dimensional (2-D) finite difference frequency domain approach described in Ref.[13] with anisotropic perfectly matched layers (PML) absorbing boundary conditions is used. The calculated results show that our proposed PCF can simultaneously realize ultra-flattened dispersion and low confin...