DFAW vs. MSSS ETF Comparison

Comparison of Dimensional World Equity ETF (DFAW) to Monarch Select Subsector Index ETF (MSSS)

DFAW

Dimensional World Equity ETF

DFAW Description

The fund is a "fund of funds", which means that the Portfolio generally allocates its assets among other funds managed by the Advisor, although it has the flexibility to invest directly in securities and derivatives.

Grade (RS Rating)

Last Trade

$62.54

Average Daily Volume

33,961

Number of Holdings ^*

4

* may have additional holdings in another (foreign) market

MSSS

Monarch Select Subsector Index ETF

MSSS Description

MSSS is a fund-of-ETFs that provide exposure to companies considered part of economically advantageous US sectors and subsectors. The fund follows a proprietary rules-based methodology that selects sectors and subsectors based on the phase of the economic cycle. The methodology uses employment trends to determine the phase of the economic cycle. It then identifies the sectors and subsectors that have historically performed well during such cycle. The fund selects 10 US-listed ETFs that are expected to deliver the best risk-adjusted return for the identified phase. As the fund may hold subsector funds within the same sector, MSSS may have significant exposure in one or more sectors relative to others. The fund employs a replication indexing strategy in which it invests in securities in approximately the same proportions as the underlying index.

Grade (RS Rating)

Last Trade

$27.94

Average Daily Volume

7,108

Number of Holdings ^*

5

* may have additional holdings in another (foreign) market

Performance

Period	DFAW	MSSS
30 Days	-0.89%	-3.64%
60 Days	0.02%	-1.84%
90 Days	5.85%	3.22%
12 Months	28.15%

0 Overlapping Holdings

	Symbol	Grade	Weight in DFAW	Weight in MSSS	Overlap

DFAW Overweight 4 Positions Relative to MSSS

	Symbol	Grade	Weight
	DFAC	B	54.0%
	DFIC	D	18.0%
	DFEM	C	7.88%
	DFGR	D	2.1%

DFAW Underweight 5 Positions Relative to MSSS

	Symbol	Grade	Weight
	KIE	C	-10.14%
	PBJ	D	-10.13%
	KBWP	C	-10.12%
	XAR	C	-10.09%
	XLRE	D	-10.01%

DFAW: Top Represented Industries & Keywords

Industries:

Keywords: Dfa Australia Limited And Dimensional Fund Dimensional Fund Dimensional Fund Advisors Exchange Traded Fund Exchange Traded Funds Financial Market Frontier Markets Passive Management Public–Private Investment Program For Legacy Assets Real Estate Industry Real Estate Investing Real Estate Investment Trust SPDR Structured Finance Synthetic Replication

MSSS: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Exchange Traded Funds Index Fund Invesco Powershares S&P Top 100 Loan Index Aerospace Agricultural Products Beverage Beverage Products Casualty Insurance Defense Industry Insurance Industry Inter 10 Index Kbw Kbw Bank Total Return Index Real Estate Investment Trust Real Estate Management Real Estate Sector S&P International Dividend Opportunities Index (Total Return)