DFAE vs. QLVE ETF Comparison

Comparison of Dimensional Emerging Core Equity Market ETF (DFAE) to FlexShares Emerging Markets Quality Low Volatility Index Fund (QLVE)

DFAE

Dimensional Emerging Core Equity Market ETF

DFAE Description

The investment objective of the Dimensional Emerging Core Equity Market ETF is to achieve long-term capital appreciation.

Grade (RS Rating)

Last Trade

$27.58

Average Daily Volume

787,000

Number of Holdings ^*

109

* may have additional holdings in another (foreign) market

QLVE

FlexShares Emerging Markets Quality Low Volatility Index Fund

QLVE Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust Emerging Markets Quality Low Volatility IndexSM. The underlying index is designed to reflect the performance of a selection of companies that, in aggregate, possess lower overall absolute volatility characteristics relative to a broad universe of securities domiciled in emerging market countries. Under normal circumstances, the fund will invest at least 80% of its total assets in the securities of the underlying index and in ADRs and GDRs based on the securities in the underlying index. It is non-diversified.

Grade (RS Rating)

Last Trade

$27.12

Average Daily Volume

1,104

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DFAE	QLVE
30 Days	4.95%	4.66%
60 Days	9.18%	8.93%
90 Days	4.75%	7.83%
12 Months	24.08%	25.13%

21 Overlapping Holdings

Symbol	Grade	Weight in DFAE	Weight in QLVE	Overlap
BABA	A	1.58%	2.69%	1.58%
BABA	A	0.18%	2.69%	0.18%
BAP	B	0.08%	0.88%	0.08%
BIDU	C	0.28%	0.03%	0.03%
BIDU	C	0.05%	0.03%	0.03%
CHT	C	0.07%	0.92%	0.07%
CHT	C	0.05%	0.92%	0.05%
HDB	C	0.15%	0.45%	0.15%
HDB	C	0.52%	0.45%	0.45%
IBN	C	0.7%	0.67%	0.67%
IBN	C	0.21%	0.67%	0.21%
NTES	C	0.07%	0.43%	0.07%
PDD	D	0.78%	0.76%	0.76%
SKM	C	0.01%	0.78%	0.01%
SKM	C	0.05%	0.78%	0.05%
TCOM	B	0.27%	0.02%	0.02%
TCOM	B	0.05%	0.02%	0.02%
UMC	D	0.12%	0.19%	0.12%
UMC	D	0.06%	0.19%	0.06%
VALE	C	0.07%	0.19%	0.07%
VALE	C	0.3%	0.19%	0.19%

DFAE Overweight 88 Positions Relative to QLVE

Symbol	Grade	Weight
INFY	C	0.4%
KB	D	0.24%
SHG	D	0.22%
YUMC	C	0.21%
GFI	C	0.15%
LI	C	0.13%
RDY	D	0.11%
PAC	C	0.1%
NIO	C	0.09%
VIPS	C	0.09%
XPEV	C	0.08%
TME	D	0.08%
WIT	B	0.08%
FMX	F	0.07%
CX	D	0.07%
BGNE	B	0.06%
ASAI	F	0.06%
SBSW	D	0.06%
ERJ	C	0.06%
ABEV	C	0.05%
HMY	B	0.05%
SQM	D	0.05%
ASR	D	0.05%
GGB	C	0.05%
CAR	D	0.04%
PKX	D	0.04%
KB	D	0.04%
KEP	C	0.04%
ERJ	C	0.04%
BILI	A	0.04%
LPL	D	0.04%
SHG	D	0.03%
BRFS	C	0.03%
CSAN	D	0.03%
KOF	D	0.03%
LI	C	0.03%
PBR	D	0.03%
BCH	B	0.03%
CIB	F	0.03%
GDS	B	0.03%
BBD	C	0.02%
NIO	C	0.02%
BSAC	C	0.02%
CIG	B	0.02%
ITUB	C	0.02%
IQ	D	0.02%
SGRP	C	0.02%
ASX	D	0.02%
VIV	B	0.02%
ABEV	C	0.01%
OMAB	D	0.01%
WIT	B	0.01%
UGP	F	0.01%
WF	C	0.01%
HTHT	B	0.01%
EBR	D	0.01%
SUZ	D	0.01%
GRIN	D	0.01%
ASAI	F	0.01%
IMOS	D	0.01%
KEP	C	0.01%
TLK	D	0.01%
GGB	C	0.01%
SBS	D	0.01%
BCH	B	0.01%
JD	A	0.01%
BGNE	B	0.01%
JKS	C	0.01%
NIU	B	0.0%
DADA	C	0.0%
LGHT	A	0.0%
PDSB	D	0.0%
BSBR	F	0.0%
IMOS	D	0.0%
IFS	B	0.0%
BAOS	D	0.0%
MGNX	F	0.0%
PHI	B	0.0%
ZLAB	C	0.0%
BZUN	B	0.0%
VNET	B	0.0%
AKO.A	D	0.0%
LPL	D	0.0%
SLDB	F	0.0%
ZTO	A	0.0%
CSAN	D	0.0%
ELP	D	0.0%
SHPH	F	0.0%

DFAE Underweight 1 Positions Relative to QLVE

	Symbol	Grade	Weight
	KT	C	-0.51%