DFAX vs. RAVI ETF Comparison

Comparison of Dimensional World ex U.S. Core Equity 2 ETF (DFAX) to FlexShares Ready Access Variable Income Fund (RAVI)

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

RAVI

FlexShares Ready Access Variable Income Fund

RAVI Description

The investment seeks maximum current income consistent with the preservation of capital and liquidity. The fund seeks to achieve the investment objective by investing at least 65% of its total assets in a non-diversified portfolio of fixed income instruments, including bonds, debt securities and other similar instruments issued by U.S. and non-U.S. public and private sector entities. The dollar-weighted average portfolio maturity of the fund is normally not expected to exceed two years. It may invest up to 20% of its total assets in fixed income securities and instruments of issuers in emerging markets. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$75.44

Average Daily Volume

72,378

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	DFAX	RAVI
30 Days	-2.00%	0.41%
60 Days	-3.78%	0.65%
90 Days	-3.51%	1.23%
12 Months	12.89%	5.45%

7 Overlapping Holdings

Symbol	Grade	Weight in DFAX	Weight in RAVI	Overlap
ABBV	D	0.23%	0.13%	0.13%
AZN	D	0.21%	0.15%	0.15%
HSBC	B	0.2%	0.29%	0.2%
MUFG	B	0.04%	0.14%	0.04%
MUFG	B	0.23%	0.14%	0.14%
NWG	C	0.01%	0.15%	0.01%
TD	F	0.18%	0.51%	0.18%

DFAX Overweight 171 Positions Relative to RAVI

Symbol	Grade	Weight
TSM	B	0.8%
TM	D	0.61%
NVS	D	0.6%
BABA	D	0.39%
ASML	F	0.38%
BP	D	0.26%
SONY	B	0.24%
UL	D	0.2%
BHP	F	0.17%
IBN	C	0.16%
STLA	F	0.15%
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%
BCS	C	0.09%
VALE	F	0.09%
FLUT	A	0.09%
TCOM	B	0.09%
HSBH	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%
UMC	F	0.06%
STM	F	0.06%
SHG	D	0.05%
VIPS	F	0.05%
DEO	F	0.05%
RDY	F	0.05%
NTES	D	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%
VALE	F	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%
BCS	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%
SKM	D	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%
NVS	D	0.01%
WIT	A	0.01%
BRFS	D	0.01%
ASAI	F	0.01%
GGB	C	0.01%
FRO	F	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 95 Positions Relative to RAVI

Symbol	Grade	Weight
VLO	C	-1.51%
ED	D	-1.05%
OGS	A	-1.05%
OTIS	C	-0.95%
PYPL	B	-0.95%
KDP	D	-0.95%
DHR	F	-0.86%
LYB	F	-0.83%
DTE	C	-0.77%
GE	D	-0.76%
TSN	B	-0.7%
WM	A	-0.69%
CI	F	-0.67%
CM	A	-0.62%
GP	F	-0.59%
GILD	C	-0.59%
TFC	A	-0.59%
AIG	B	-0.57%
SJM	D	-0.57%
NEE	D	-0.57%
BAC	A	-0.57%
AZO	C	-0.52%
NVDA	C	-0.52%
BNS	A	-0.52%
D	C	-0.51%
BDX	F	-0.51%
RY	A	-0.51%
SYK	C	-0.49%
CCI	D	-0.49%
AON	A	-0.46%
UNH	C	-0.43%
BMY	B	-0.43%
AMZN	C	-0.42%
SCHW	B	-0.42%
CRM	B	-0.4%
VFC	C	-0.39%
OGE	B	-0.39%
ETR	B	-0.38%
AEP	D	-0.38%
CVX	A	-0.33%
NDAQ	A	-0.31%
ARCC	A	-0.3%
T	A	-0.3%
CFG	B	-0.29%
MLM	B	-0.28%
DELL	C	-0.28%
CMCSA	B	-0.28%
DB	D	-0.28%
CP	D	-0.27%
WFC	A	-0.26%
CAT	B	-0.26%
CLX	B	-0.26%
LEN	D	-0.26%
SO	D	-0.26%
ATHS	C	-0.26%
GS	A	-0.26%
AL	B	-0.25%
C	A	-0.24%
CMS	C	-0.24%
FIS	C	-0.23%
MCHP	D	-0.22%
FITB	A	-0.22%
PPL	B	-0.22%
FOXA	B	-0.21%
NYC	D	-0.21%
CNP	B	-0.2%
SBUX	A	-0.18%
LUV	C	-0.18%
MKC	D	-0.17%
AEE	A	-0.17%
BHF	B	-0.17%
CVS	D	-0.16%
KEY	B	-0.16%
SEB	F	-0.16%
UBS	C	-0.16%
PSX	C	-0.16%
BA	F	-0.15%
ICE	C	-0.15%
MET	A	-0.13%
DHI	D	-0.13%
AMT	D	-0.13%
CNH	C	-0.13%
HPE	B	-0.11%
EFX	F	-0.1%
GM	B	-0.1%
VZ	C	-0.1%
MDLZ	F	-0.09%
R	B	-0.08%
HRL	D	-0.07%
ROP	B	-0.07%
DUK	C	-0.07%
COF	B	-0.06%
MS	A	-0.06%
PCAR	B	-0.05%
JPM	A	-0.03%