DFEV vs. ACWX ETF Comparison

Comparison of Dimensional Emerging Markets Value ETF (DFEV) to iShares MSCI ACWI ex US Index Fund (ACWX)

DFEV

Dimensional Emerging Markets Value ETF

DFEV Description

The Portfolio is designed to purchase emerging market equity securities that are deemed by the Advisor to be value stocks at the time of purchase, 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 investments that are defined in the Prospectus as Approved Markets securities. The Portfolio may purchase emerging market equity securities across all market capitalizations.

Grade (RS Rating)

Last Trade

$28.37

Average Daily Volume

102,439

Number of Holdings ^*

49

* may have additional holdings in another (foreign) market

ACWX

iShares MSCI ACWI ex US Index Fund

ACWX Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI All Country World Index ex USA (the "underlying index"). The fund generally invests at least 90% of its assets in securities of the underlying index or in depositary receipts representing securities of the underlying index. The underlying index is a free float-adjusted market capitalization-weighted index designed to measure the combined equity market performance of developed and emerging markets countries, excluding the United States. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$54.91

Average Daily Volume

833,381

Number of Holdings ^*

73

* may have additional holdings in another (foreign) market

Performance

Period	DFEV	ACWX
30 Days	5.55%	3.55%
60 Days	5.31%	3.12%
90 Days	10.45%	7.20%
12 Months	17.91%	13.08%

22 Overlapping Holdings

	Symbol	Grade	Weight in DFEV	Weight in ACWX	Overlap
	BABA	C	1.99%	0.54%	0.54%
	BABA	C	0.34%	0.54%	0.34%
	BIDU	D	0.08%	0.09%	0.08%
	BIDU	D	0.46%	0.09%	0.09%
	HDB	C	0.09%	0.22%	0.09%
	HDB	C	0.1%	0.22%	0.1%
	IBN	B	0.01%	0.29%	0.01%
	KB	B	0.85%	0.09%	0.09%
	KB	B	0.01%	0.09%	0.01%
	LPL	C	0.08%	0.01%	0.01%
	LPL	C	0.0%	0.01%	0.0%
	SBSW	F	0.0%	0.01%	0.0%
	SBSW	F	0.14%	0.01%	0.01%
	SHG	B	0.52%	0.06%	0.06%
	SHG	B	0.02%	0.06%	0.02%
	TCOM	D	0.5%	0.1%	0.1%
	TME	B	0.08%	0.04%	0.04%
	UMC	C	0.14%	0.07%	0.07%
	UMC	C	0.64%	0.07%	0.07%
	VIPS	F	0.08%	0.02%	0.02%
	WIT	B	0.07%	0.03%	0.03%
	WIT	B	0.29%	0.03%	0.03%

DFEV Overweight 27 Positions Relative to ACWX

	Symbol	Grade	Weight
	VALE	F	0.3%
	CX	D	0.24%
	ERJ	C	0.13%
	HMY	B	0.11%
	BRFS	C	0.1%
	RDY	A	0.1%
	FMX	D	0.08%
	CSAN	D	0.07%
	PBR	C	0.05%
	ERJ	C	0.04%
	PKX	D	0.04%
	IMOS	C	0.03%
	GRIN	B	0.03%
	GGB	F	0.02%
	GDS	C	0.02%
	GGB	F	0.02%
	JKS	F	0.01%
	SHPH	F	0.01%
	CIB	C	0.01%
	LND	D	0.0%
	DRD	C	0.0%
	VNET	C	0.0%
	BSBR	D	0.0%
	VIST	B	0.0%
	BBD	F	0.0%
	SUZ	D	0.0%
	WF	B	0.0%

DFEV Underweight 60 Positions Relative to ACWX

	Symbol	Grade	Weight
	NVO	C	-1.79%
	TM	F	-0.84%
	NVS	B	-0.8%
	UL	A	-0.52%
	MUFG	B	-0.48%
	SONY	B	-0.41%
	ABBV	B	-0.34%
	SMFG	B	-0.33%
	PDD	D	-0.31%
	DEO	F	-0.27%
	CNI	D	-0.24%
	MFG	B	-0.2%
	HMC	F	-0.18%
	STLA	F	-0.17%
	LYG	A	-0.17%
	BCS	A	-0.15%
	E	D	-0.13%
	GOLD	B	-0.11%
	SE	B	-0.1%
	STM	D	-0.1%
	GIB	D	-0.08%
	NMR	C	-0.07%
	TEVA	B	-0.07%
	AER	B	-0.07%
	LOGI	D	-0.06%
	CCEP	C	-0.06%
	CHKP	B	-0.06%
	CYBR	C	-0.05%
	YUMC	F	-0.05%
	XRX	F	-0.05%
	CHT	F	-0.05%
	SCCO	C	-0.04%
	BEKE	D	-0.04%
	AU	B	-0.04%
	BAP	C	-0.04%
	LI	F	-0.04%
	AGCO	F	-0.03%
	HTHT	F	-0.03%
	BGNE	F	-0.03%
	GRAB	D	-0.03%
	ZTO	F	-0.03%
	WIX	C	-0.03%
	MNDY	C	-0.03%
	TAL	F	-0.02%
	BZ	D	-0.02%
	XPEV	D	-0.02%
	NIO	F	-0.02%
	MNSO	F	-0.01%
	SKM	C	-0.01%
	IQ	F	-0.01%
	ATHM	C	-0.01%
	DOOO	D	-0.01%
	QFIN	C	-0.01%
	BVN	C	-0.01%
	LEGN	D	-0.01%
	KEP	D	-0.01%
	GLBE	C	-0.01%
	BILI	C	-0.01%
	FUTU	D	-0.01%
	KT	C	-0.0%

DFEV: Top Represented Industries & Keywords

Industries: Banks - Regional - Asia Banks - Regional - Latin America Gold Drug Manufacturers - Specialty & Generic Information Technology Services Internet Content & Information Semiconductors Specialty Retail Steel Aerospace & Defense Beverages - Brewers Building Materials Consumer Electronics Data Storage Farm Products Industrial Metals & Minerals Leisure Oil & Gas E&P Oil & Gas Integrated Oil & Gas Refining & Marketing

Keywords: Bank Banking Investment Banking Currency Financial Products Investment Banking Services Cash Management Commercial Banking Deposit Products Machinery Securitization Trust Management ATM Account Management Asset Management Services Backup Software Bancassurance Banking Services Building Materials Consumer Finance

ACWX: Top Represented Industries & Keywords

Industries: Auto Manufacturers Internet Content & Information Banks - Regional - Asia Specialty Retail Banks - Global Biotechnology Gold Information Technology Services Software - Application Telecom Services Capital Markets Consumer Electronics Drug Manufacturers - Major Semiconductors Airports & Air Services Banks - Regional - Europe Banks - Regional - Latin America Beverages - Soft Drinks Beverages - Wineries & Distilleries Computer Systems

Keywords: Bank Banking Investment Banking Investment Banking Services Transport Financial Products Telecommunications Asset Management Cars Investment Bank Nasdaq 100 Structured Finance Advertising Services Cash Management Commercial Banking Corporate Banking Information And Communications Technology Investment Product Mining Securitization