DFAX vs. IQDY ETF Comparison

Comparison of Dimensional World ex U.S. Core Equity 2 ETF (DFAX) to FlexShares International Quality Dividend Dynamic Index Fund (IQDY)

DFAX

Dimensional World ex U.S. Core Equity 2 ETF

DFAX Description

Dimensional ETF Trust - Dimensional World ex U.S. Core Equity 2 ETF is an exchange traded fund launched and managed by Dimensional Fund Advisors L.P. The fund is co-managed by Dimensional Fund Advisors Ltd. and DFA Australia Limited. It invests in public equity markets of global ex-US region. The fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies across diversified market capitalization. It seeks to benchmark the performance of its portfolio against the MSCI All Country World ex USA Index (net dividends). Dimensional ETF Trust - Dimensional World ex U.S. Core Equity 2 ETF was formed on March 6, 2008 and is domiciled in United States.

Grade (RS Rating)

Last Trade

$25.49

Average Daily Volume

495,771

Number of Holdings ^*

178

* may have additional holdings in another (foreign) market

IQDY

FlexShares International Quality Dividend Dynamic Index Fund

IQDY Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust International Quality Dividend Dynamic IndexSM. The fund generally will invest under normal circumstances at least 80% of its total assets in the securities of the underlying index and in ADRs and GDRs based on the securities in its underlying index. The underlying index is designed to provide exposure to a high-quality, income-oriented portfolio of international equity securities issued by non-U.S.-based companies, with an emphasis on long-term capital growth and a targeted overall volatility.

Grade (RS Rating)

Last Trade

$28.81

Average Daily Volume

7,704

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DFAX	IQDY
30 Days	-2.00%	-2.91%
60 Days	-3.78%	-4.37%
90 Days	-3.51%	-4.52%
12 Months	12.89%	14.32%

14 Overlapping Holdings

Symbol	Grade	Weight in DFAX	Weight in IQDY	Overlap
BABA	D	0.39%	0.12%	0.12%
BCS	C	0.09%	0.49%	0.09%
BCS	C	0.02%	0.49%	0.02%
HSBH	B	0.09%	1.88%	0.09%
MUFG	B	0.23%	0.08%	0.08%
MUFG	B	0.04%	0.08%	0.04%
NTES	D	0.05%	0.08%	0.05%
NVS	D	0.6%	0.18%	0.18%
NVS	D	0.01%	0.18%	0.01%
SKM	D	0.01%	0.03%	0.01%
STLA	F	0.15%	0.27%	0.15%
UMC	F	0.06%	0.22%	0.06%
VALE	F	0.03%	0.85%	0.03%
VALE	F	0.09%	0.85%	0.09%

DFAX Overweight 164 Positions Relative to IQDY

Symbol	Grade	Weight
TSM	B	0.8%
TM	D	0.61%
ASML	F	0.38%
BP	D	0.26%
SONY	B	0.24%
ABBV	D	0.23%
AZN	D	0.21%
HSBC	B	0.2%
UL	D	0.2%
TD	F	0.18%
BHP	F	0.17%
IBN	C	0.16%
KB	B	0.12%
BBVA	F	0.12%
YUMC	C	0.12%
E	F	0.12%
SMFG	B	0.11%
RIO	D	0.11%
GSK	F	0.11%
CNI	D	0.1%
LYG	F	0.1%
HDB	C	0.1%
FLUT	A	0.09%
TCOM	B	0.09%
PDD	F	0.09%
LOGI	D	0.08%
NVO	D	0.08%
RELX	C	0.08%
MFG	B	0.07%
NMR	B	0.07%
INFY	B	0.06%
HMY	D	0.06%
GFI	D	0.06%
ERJ	B	0.06%
STM	F	0.06%
SHG	D	0.05%
VIPS	F	0.05%
DEO	F	0.05%
RDY	F	0.05%
HMC	F	0.05%
PHG	D	0.05%
ERJ	B	0.05%
GOLD	D	0.04%
WCN	A	0.04%
RBA	A	0.04%
BIDU	F	0.04%
BIDU	F	0.04%
TCOM	B	0.04%
TEVA	D	0.04%
CCEP	C	0.04%
WFG	D	0.04%
BILI	D	0.03%
PAC	B	0.03%
IBN	C	0.03%
AEI	D	0.03%
UL	D	0.03%
AGCO	D	0.03%
OTEX	D	0.03%
TME	D	0.03%
TM	D	0.03%
WPP	B	0.03%
NGG	D	0.03%
MT	B	0.03%
HMC	F	0.03%
XPEV	C	0.03%
ZTO	F	0.02%
LPL	F	0.02%
ASR	D	0.02%
NIO	F	0.02%
HDB	C	0.02%
BTI	B	0.02%
SHOP	B	0.02%
TAC	B	0.02%
DEO	F	0.02%
SBSW	D	0.02%
PKX	F	0.02%
VIST	A	0.02%
QGEN	D	0.02%
CAR	C	0.02%
NMR	B	0.02%
PSO	B	0.02%
ING	F	0.02%
LSPD	C	0.02%
HLN	D	0.02%
GGB	C	0.02%
SAN	F	0.02%
XRX	F	0.02%
TS	B	0.02%
GDS	C	0.02%
IHG	A	0.02%
MNTX	C	0.01%
BCH	F	0.01%
TLRY	F	0.01%
LPL	F	0.01%
SQM	F	0.01%
SBS	B	0.01%
ELBM	F	0.01%
BUD	F	0.01%
TEF	D	0.01%
EQNR	D	0.01%
CSAN	F	0.01%
DOOO	F	0.01%
SGRP	D	0.01%
ASTL	B	0.01%
CHT	D	0.01%
ORLA	C	0.01%
BBD	D	0.01%
TTE	F	0.01%
PRMW	C	0.01%
JKS	F	0.01%
PDS	C	0.01%
SHG	D	0.01%
PIXY	F	0.01%
TRMD	F	0.01%
KB	B	0.01%
MBAVU	D	0.01%
ASX	D	0.01%
BAP	B	0.01%
TCI	D	0.01%
IQ	F	0.01%
HTHT	D	0.01%
GOGL	F	0.01%
WIT	A	0.01%
BRFS	D	0.01%
ASAI	F	0.01%
GGB	C	0.01%
FRO	F	0.01%
NWG	C	0.01%
WDS	D	0.01%
LI	F	0.01%
BCH	F	0.0%
CLF	F	0.0%
SAP	B	0.0%
AUDC	D	0.0%
VNET	B	0.0%
RENB	F	0.0%
BLCO	D	0.0%
FMX	F	0.0%
WIT	A	0.0%
SNN	D	0.0%
JHX	C	0.0%
ARGX	A	0.0%
ASAI	F	0.0%
UGP	F	0.0%
SBSW	D	0.0%
LYG	F	0.0%
NICE	C	0.0%
CCU	D	0.0%
SNY	F	0.0%
ECO	F	0.0%
TLK	D	0.0%
CHGX	A	0.0%
BGNE	D	0.0%
BGNE	D	0.0%
CSAN	F	0.0%
CHT	D	0.0%
FLNG	B	0.0%
MGIC	F	0.0%
ABEV	F	0.0%
KOF	F	0.0%
SMFG	B	0.0%
SID	F	0.0%
IMOS	F	0.0%
KEP	B	0.0%

DFAX Underweight 0 Positions Relative to IQDY

	Symbol	Grade	Weight