DFEM vs. AVEE ETF Comparison

Comparison of Dimensional Emerging Markets Core Equity 2 ETF (DFEM) to Avantis Emerging Markets Small Cap Equity ETF (AVEE)

DFEM

Dimensional Emerging Markets Core Equity 2 ETF

DFEM Description

The Portfolio is designed to purchase a broad and diverse group of securities associated with emerging markets, which may include frontier markets (emerging market countries in an earlier stage of development). As a non-fundamental policy, under normal circumstances, the Portfolio will invest at least 80% of its net assets in emerging markets equity investments that are defined in the prospectus as Approved Market securities.

Grade (RS Rating)

Last Trade

$26.61

Average Daily Volume

599,443

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

AVEE

Avantis Emerging Markets Small Cap Equity ETF

AVEE Description

The fund invests primarily in a diverse group of small cap companies related to emerging markets across market sectors, industry groups and countries. It seeks to invest in securities of companies that it expects to have higher returns by placing an enhanced emphasis on securities of companies with smaller market capitalizations and securities of companies with higher profitability and value characteristics.

Grade (RS Rating)

Last Trade

$55.01

Average Daily Volume

2,489

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DFEM	AVEE
30 Days	-4.00%	-3.80%
60 Days	-1.30%	-2.09%
90 Days	0.17%	-0.55%
12 Months	12.84%	5.56%

11 Overlapping Holdings

Symbol	Grade	Weight in DFEM	Weight in AVEE	Overlap
BAK	F	0.0%	0.04%	0.0%
CAR	C	0.05%	0.36%	0.05%
ERJ	B	0.14%	0.83%	0.14%
ERJ	B	0.14%	0.83%	0.14%
GDS	C	0.1%	0.61%	0.1%
IMOS	F	0.01%	0.04%	0.01%
IQ	F	0.02%	0.15%	0.02%
JKS	D	0.03%	0.1%	0.03%
OMAB	F	0.02%	0.27%	0.02%
SHPH	F	0.01%	0.01%	0.01%
VNET	C	0.0%	0.06%	0.0%

DFEM Overweight 89 Positions Relative to AVEE

Symbol	Grade	Weight
BABA	D	1.24%
IBN	D	0.62%
PDD	F	0.46%
KB	B	0.38%
INFY	C	0.32%
VALE	F	0.31%
HDB	C	0.25%
HDB	C	0.24%
YUMC	B	0.2%
TCOM	B	0.19%
SHG	C	0.19%
IBN	D	0.15%
BIDU	D	0.14%
VIPS	F	0.14%
UMC	F	0.14%
XPEV	C	0.13%
GFI	D	0.13%
RDY	D	0.11%
BILI	D	0.09%
CX	F	0.09%
PAC	A	0.08%
SBSW	F	0.07%
LI	F	0.07%
HMY	C	0.07%
GGB	C	0.07%
WIT	A	0.06%
TME	D	0.05%
ASR	D	0.05%
LPL	F	0.05%
SHG	C	0.05%
BAP	A	0.05%
BRFS	D	0.05%
NTES	C	0.04%
UMC	F	0.04%
SGRP	D	0.03%
PBR	C	0.03%
ABEV	F	0.03%
VIST	B	0.03%
BCH	C	0.03%
CHT	D	0.03%
BBD	D	0.02%
SKM	C	0.02%
KEP	B	0.02%
BIDU	D	0.02%
BABA	D	0.02%
SKM	C	0.02%
PKX	F	0.02%
CHT	D	0.02%
SQM	D	0.02%
CIB	B	0.02%
ASAI	F	0.02%
FMX	F	0.02%
KOF	F	0.02%
CIG	A	0.01%
PHI	D	0.01%
ITUB	D	0.01%
ASX	D	0.01%
BSAC	C	0.01%
NIO	F	0.01%
AKO.A	F	0.01%
WF	C	0.01%
WIT	A	0.01%
BGNE	D	0.01%
VIV	D	0.01%
GGB	C	0.01%
KEP	B	0.01%
SBS	B	0.01%
ASAI	F	0.01%
BGNE	D	0.01%
KB	B	0.01%
TCOM	B	0.01%
ENIC	B	0.0%
BAOS	F	0.0%
LPL	F	0.0%
LGHT	D	0.0%
ELP	F	0.0%
SLDB	F	0.0%
BCH	C	0.0%
MGNX	D	0.0%
UGP	F	0.0%
PDSB	F	0.0%
CCU	F	0.0%
LI	F	0.0%
SUZ	B	0.0%
BZUN	F	0.0%
CSAN	F	0.0%
ZTO	F	0.0%
EBR	F	0.0%
ZLAB	C	0.0%

DFEM Underweight 24 Positions Relative to AVEE

Symbol	Grade	Weight
QFIN	A	-0.78%
ATHM	C	-0.34%
YY	B	-0.28%
ATAT	C	-0.26%
FINV	B	-0.17%
TV	F	-0.16%
MOMO	D	-0.15%
PAGS	F	-0.15%
WB	C	-0.13%
DQ	C	-0.12%
VLRS	B	-0.1%
PAX	C	-0.1%
QD	B	-0.08%
TIGR	D	-0.08%
NOAH	C	-0.07%
CSIQ	F	-0.06%
HUYA	F	-0.05%
SOHU	F	-0.05%
LX	C	-0.05%
API	B	-0.04%
RERE	C	-0.03%
DOYU	C	-0.03%
ABM	B	-0.03%
NIU	F	-0.01%