DFEV vs. QEMM ETF Comparison

Comparison of Dimensional Emerging Markets Value ETF (DFEV) to SPDR MSCI Emerging Markets Quality Mix ETF (QEMM)

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

$26.61

Average Daily Volume

120,206

Number of Holdings ^*

* may have additional holdings in another (foreign) market

QEMM

SPDR MSCI Emerging Markets Quality Mix ETF

QEMM Description

The investment seeks to track the performance of the MSCI Emerging Markets (EM) Quality Mix Index. The index captures large- and mid-cap representation across 23 emerging markets countries and aims to represent the performance of value, low volatility, and quality factor strategies. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index or in American Depositary Receipts ("ADRs") or Global Depositary Receipts ("GDRs") based on securities comprising the index. It is non-diversified.

Grade (RS Rating)

Last Trade

$58.36

Average Daily Volume

1,852

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DFEV	QEMM
30 Days	2.46%	1.91%
60 Days	-4.94%	-1.98%
90 Days	-0.64%	0.94%
12 Months	13.23%	11.83%

41 Overlapping Holdings

Symbol	Grade	Weight in DFEV	Weight in QEMM	Overlap
BABA	B	1.68%	0.03%	0.03%
BABA	B	0.28%	0.03%	0.03%
BABA	B	0.28%	0.64%	0.28%
BABA	B	1.68%	0.64%	0.64%
BIDU	F	0.07%	0.09%	0.07%
BIDU	F	0.48%	0.09%	0.09%
CIB	D	0.01%	0.02%	0.01%
CSAN	F	0.08%	0.03%	0.03%
GGB	C	0.03%	0.05%	0.03%
GGB	C	0.05%	0.05%	0.05%
HDB	C	0.08%	0.24%	0.08%
HDB	C	0.4%	0.24%	0.24%
IBN	C	0.01%	0.15%	0.01%
IBN	C	0.01%	0.14%	0.01%
KB	C	0.86%	0.21%	0.21%
KB	C	0.01%	0.09%	0.01%
KB	C	0.01%	0.21%	0.01%
KB	C	0.86%	0.09%	0.09%
LPL	F	0.09%	0.03%	0.03%
LPL	F	0.01%	0.03%	0.01%
LPL	F	0.01%	0.02%	0.01%
LPL	F	0.09%	0.02%	0.02%
PBR	C	0.09%	0.17%	0.09%
PKX	F	0.05%	0.11%	0.05%
RDY	C	0.16%	0.19%	0.16%
SBSW	F	0.12%	0.03%	0.03%
SHG	B	0.63%	0.03%	0.03%
SHG	B	0.02%	0.25%	0.02%
SHG	B	0.02%	0.03%	0.02%
SHG	B	0.63%	0.25%	0.25%
SUZ	D	0.0%	0.03%	0.0%
TCOM	A	0.45%	0.05%	0.05%
TME	F	0.06%	0.02%	0.02%
UMC	C	0.15%	0.12%	0.12%
UMC	C	0.62%	0.12%	0.12%
VALE	F	0.19%	1.18%	0.19%
VALE	F	0.19%	0.04%	0.04%
VIPS	F	0.07%	0.16%	0.07%
WIT	B	0.09%	0.24%	0.09%
WIT	B	0.26%	0.24%	0.24%
XPEV	C	0.0%	0.01%	0.0%

DFEV Overweight 19 Positions Relative to QEMM

Symbol	Grade	Weight
CX	F	0.22%
ERJ	A	0.15%
HMY	C	0.12%
BRFS	B	0.1%
FMX	D	0.07%
BBD	B	0.05%
ERJ	A	0.04%
GRIN	A	0.03%
IMOS	F	0.02%
JKS	F	0.02%
GDS	A	0.02%
WF	B	0.02%
ASX	F	0.01%
BAOS	D	0.01%
SHPH	F	0.01%
LND	D	0.0%
DRD	D	0.0%
VNET	B	0.0%
VIST	B	0.0%

DFEV Underweight 33 Positions Relative to QEMM

Symbol	Grade	Weight
PDD	F	-1.14%
INFY	B	-1.14%
CHT	A	-0.5%
ABEV	C	-0.3%
SCCO	D	-0.24%
BAP	B	-0.22%
SKM	A	-0.19%
ITUB	B	-0.17%
QFIN	B	-0.1%
KEP	B	-0.09%
BVN	F	-0.09%
KT	A	-0.07%
LEGN	D	-0.07%
KEP	B	-0.06%
YUMC	C	-0.06%
UGP	D	-0.03%
SBS	B	-0.03%
BCH	B	-0.02%
LI	F	-0.02%
SID	F	-0.02%
ABEV	C	-0.02%
ASAI	F	-0.02%
ATHM	A	-0.01%
SQM	F	-0.01%
BGNE	B	-0.01%
BSAC	C	-0.01%
ZTO	A	-0.01%
CIG	A	-0.01%
BEKE	C	-0.01%
VIV	A	-0.01%
NIO	D	-0.0%
IQ	F	-0.0%
ENIC	F	-0.0%