DFLV vs. USMV ETF Comparison

Comparison of Dimensional US Large Cap Value ETF (DFLV) to iShares MSCI USA Minimum Volatility ETF (USMV)

DFLV

Dimensional US Large Cap Value ETF

DFLV Description

To achieve the U.S. Large Cap Value ETF"s investment objective, the Advisor implements an integrated investment approach that combines research, portfolio design, portfolio management, and trading functions. As a non-fundamental policy, under normal circumstances, the Portfolio will invest at least 80% of its net assets in securities of large cap U.S. companies.

Grade (RS Rating)

Last Trade

$31.76

Average Daily Volume

323,961

Number of Holdings ^*

329

* may have additional holdings in another (foreign) market

USMV

iShares MSCI USA Minimum Volatility ETF

USMV Description

The investment seeks the investment results of an index composed of U.S. equities that, in the aggregate, have lower volatility characteristics relative to the broader U.S. equity market. The fund generally invests at least 90% of its assets in securities of the underlying index or in depositary receipts representing securities in the underlying index. The underlying index follows a rules-based methodology to determine weights for securities in the index that seeks to minimize total risk of the MSCI USA Index. Components primarily include consumer staples, healthcare and information technology companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$91.15

Average Daily Volume

1,759,717

Number of Holdings ^*

170

* may have additional holdings in another (foreign) market

Performance

Period	DFLV	USMV
30 Days	0.89%	-1.67%
60 Days	5.28%	-0.29%
90 Days	6.90%	3.00%
12 Months	29.18%	24.20%

80 Overlapping Holdings

Symbol	Grade	Weight in DFLV	Weight in USMV	Overlap
ABT	B	0.86%	0.09%	0.09%
ACGL	C	0.4%	0.71%	0.4%
ADI	D	0.69%	0.24%	0.24%
AFG	A	0.01%	0.34%	0.01%
AKAM	F	0.17%	0.39%	0.17%
BDX	F	0.47%	0.57%	0.47%
BMRN	F	0.03%	0.23%	0.03%
BMY	B	0.39%	0.44%	0.39%
BRK.A	A	2.13%	1.5%	1.5%
CB	C	0.58%	1.42%	0.58%
CHD	A	0.02%	0.37%	0.02%
CI	D	0.7%	0.2%	0.2%
CMCSA	B	1.57%	0.39%	0.39%
CME	A	0.04%	0.51%	0.04%
CPB	D	0.13%	0.34%	0.13%
CRM	A	1.29%	0.05%	0.05%
CSCO	B	1.71%	1.46%	1.46%
CTSH	B	0.62%	0.78%	0.62%
CTVA	D	0.2%	0.37%	0.2%
CVS	F	0.39%	0.04%	0.04%
CVX	A	2.04%	0.33%	0.33%
DGX	A	0.24%	0.1%	0.1%
EA	A	0.36%	0.83%	0.36%
EG	D	0.34%	0.42%	0.34%
ELV	F	0.83%	0.54%	0.54%
EOG	A	0.46%	0.17%	0.17%
FANG	D	0.58%	0.54%	0.54%
FCNCA	A	0.2%	0.84%	0.2%
FFIV	B	0.05%	0.55%	0.05%
FI	A	0.38%	0.66%	0.38%
FSLR	F	0.19%	0.06%	0.06%
GD	D	0.5%	0.06%	0.06%
GILD	B	0.76%	1.01%	0.76%
GIS	D	0.5%	0.67%	0.5%
GLW	B	0.76%	0.31%	0.31%
GRMN	B	0.46%	0.33%	0.33%
HIG	C	0.63%	0.12%	0.12%
HOLX	D	0.15%	0.16%	0.15%
HRL	D	0.06%	0.2%	0.06%
HUM	F	0.11%	0.41%	0.11%
ICE	D	0.02%	0.27%	0.02%
INCY	B	0.01%	0.61%	0.01%
JNJ	D	1.12%	1.17%	1.12%
JNPR	D	0.09%	0.48%	0.09%
KDP	D	0.29%	0.61%	0.29%
KEYS	C	0.22%	0.58%	0.22%
KHC	F	0.17%	0.4%	0.17%
KNX	B	0.01%	0.07%	0.01%
KR	B	0.66%	0.61%	0.61%
L	A	0.3%	0.27%	0.27%
LIN	D	0.57%	0.16%	0.16%
MDLZ	F	0.62%	0.45%	0.45%
MDT	D	0.68%	0.13%	0.13%
MKL	A	0.11%	0.33%	0.11%
MOH	F	0.13%	0.21%	0.13%
MPC	D	0.48%	0.52%	0.48%
NEM	F	0.32%	0.47%	0.32%
NOC	D	0.32%	1.5%	0.32%
OTIS	D	0.19%	0.06%	0.06%
OXY	F	0.15%	0.12%	0.12%
PFE	F	0.34%	0.21%	0.21%
PKG	B	0.25%	0.2%	0.2%
PSX	C	0.49%	0.05%	0.05%
REGN	F	0.43%	0.64%	0.43%
ROP	C	0.1%	1.31%	0.1%
RSG	B	0.13%	1.52%	0.13%
RTX	D	0.76%	0.09%	0.09%
T	A	1.26%	0.72%	0.72%
TDY	B	0.09%	0.58%	0.09%
TMUS	A	0.89%	1.92%	0.89%
TRV	A	0.61%	1.11%	0.61%
TSN	A	0.4%	0.66%	0.4%
UNH	B	1.05%	1.4%	1.05%
UTHR	B	0.15%	0.15%	0.15%
VLO	C	0.62%	0.05%	0.05%
VZ	C	1.36%	1.27%	1.27%
WMB	A	0.3%	0.29%	0.29%
WRB	A	0.12%	0.3%	0.12%
WTW	B	0.15%	0.38%	0.15%
XOM	B	4.14%	0.45%	0.45%

DFLV Overweight 249 Positions Relative to USMV

Symbol	Grade	Weight
JPM	A	5.23%
WFC	A	1.47%
COP	C	1.25%
GS	A	1.17%
BAC	A	0.99%
MS	A	0.99%
GM	A	0.85%
PCAR	B	0.82%
NUE	D	0.79%
TMO	D	0.74%
DHR	D	0.74%
CMI	A	0.72%
DOW	F	0.71%
BK	A	0.71%
DFS	A	0.69%
STLD	B	0.64%
DE	D	0.62%
NSC	B	0.6%
BKR	A	0.58%
URI	B	0.58%
FDX	A	0.57%
PRU	A	0.57%
JCI	A	0.56%
MLM	B	0.54%
AIG	B	0.54%
AMD	F	0.54%
DAL	A	0.53%
F	C	0.52%
IR	A	0.52%
VMC	B	0.51%
RF	A	0.5%
PHM	D	0.49%
COF	A	0.49%
CBRE	B	0.48%
FCX	F	0.47%
LEN	D	0.47%
LYB	F	0.46%
APD	A	0.45%
EBAY	D	0.45%
ETN	A	0.44%
DIS	A	0.43%
LH	B	0.43%
GEHC	D	0.43%
RJF	A	0.41%
TXT	D	0.41%
AME	A	0.41%
C	A	0.4%
MET	A	0.39%
FIS	B	0.39%
FITB	A	0.39%
DHI	D	0.38%
STZ	D	0.38%
MU	D	0.37%
KVUE	A	0.37%
KMI	A	0.36%
CSX	B	0.36%
DOV	A	0.35%
PPG	F	0.35%
TGT	D	0.35%
DOX	D	0.35%
UAL	A	0.35%
LHX	B	0.34%
HPE	B	0.34%
INTC	C	0.33%
OKE	A	0.3%
CNC	F	0.29%
DVN	F	0.29%
WAB	B	0.29%
OC	A	0.29%
HPQ	B	0.28%
PWR	A	0.28%
CARR	D	0.28%
USB	B	0.27%
BLDR	D	0.27%
EMR	A	0.27%
PNR	A	0.26%
AFL	C	0.26%
ON	F	0.26%
PH	A	0.25%
ZBH	C	0.25%
PNC	A	0.25%
HAL	C	0.25%
PYPL	A	0.24%
MTB	A	0.23%
SNA	A	0.23%
TROW	A	0.22%
LDOS	C	0.22%
SYF	A	0.22%
RS	B	0.21%
BALL	D	0.2%
DD	D	0.2%
MRVL	B	0.2%
UHS	D	0.2%
SQ	A	0.19%
STE	D	0.19%
USFD	B	0.19%
TTWO	A	0.19%
STT	A	0.18%
CF	A	0.18%
CTRA	A	0.18%
SSNC	D	0.17%
PFG	C	0.17%
FTV	D	0.17%
NRG	B	0.17%
CSL	B	0.17%
ALL	A	0.15%
EMN	C	0.15%
GPC	D	0.15%
OMC	C	0.15%
GPN	B	0.15%
IP	A	0.15%
TFC	A	0.14%
TOL	B	0.14%
EW	C	0.14%
XYL	D	0.14%
BIIB	F	0.14%
BG	D	0.13%
WDC	F	0.13%
AMCR	C	0.13%
SWKS	F	0.12%
FOXA	A	0.12%
SJM	F	0.12%
HBAN	A	0.12%
ZBRA	B	0.12%
TRU	D	0.11%
J	D	0.11%
JBHT	B	0.11%
LUV	A	0.11%
FLEX	B	0.11%
DLTR	F	0.11%
BWA	A	0.1%
NTRS	A	0.1%
APTV	F	0.09%
PFGC	B	0.09%
CASY	B	0.09%
ADM	D	0.09%
MRO	A	0.09%
AVTR	F	0.09%
THC	C	0.09%
CRBG	B	0.09%
OVV	C	0.08%
CRL	D	0.08%
CE	F	0.08%
UHAL	D	0.08%
IFF	D	0.08%
GL	B	0.07%
JLL	C	0.07%
ACI	C	0.07%
FNF	C	0.07%
TRMB	A	0.07%
HES	B	0.07%
NWSA	B	0.07%
LKQ	D	0.07%
KEY	A	0.07%
SW	A	0.07%
FOX	A	0.06%
BAX	F	0.06%
CAG	F	0.06%
MRNA	F	0.06%
CINF	A	0.06%
VTRS	A	0.06%
ZM	B	0.06%
SLB	C	0.06%
EQT	A	0.06%
IPG	F	0.06%
SWK	F	0.05%
IEX	B	0.05%
MKC	D	0.05%
CSGP	F	0.05%
NDSN	B	0.04%
DAR	B	0.04%
RNR	D	0.04%
SMCI	F	0.04%
ENTG	F	0.04%
ALLY	C	0.04%
CCL	A	0.04%
WLK	F	0.04%
CLH	C	0.04%
SCHW	A	0.04%
JBL	C	0.04%
WBD	B	0.04%
CFG	A	0.04%
ARMK	C	0.03%
TAP	A	0.03%
TFX	F	0.03%
CHTR	B	0.03%
DINO	D	0.03%
GFS	C	0.03%
EWBC	A	0.03%
ICLR	F	0.03%
DG	F	0.03%
RGA	A	0.03%
HII	F	0.02%
SOLV	C	0.02%
RVTY	D	0.02%
Z	A	0.02%
HSIC	D	0.02%
NWS	A	0.02%
EPAM	B	0.02%
PR	C	0.02%
OKTA	D	0.02%
FBIN	D	0.02%
DKS	D	0.02%
BLD	F	0.02%
CCK	D	0.02%
GGG	A	0.01%
MOS	D	0.01%
IVZ	B	0.01%
WBA	F	0.01%
LEA	F	0.01%
WBS	A	0.01%
SIRI	C	0.01%
SNX	D	0.01%
FTRE	D	0.01%
H	B	0.01%
ILMN	C	0.01%
BBY	C	0.01%
MHK	D	0.01%
BSX	B	0.01%
AR	B	0.01%
PAG	A	0.01%
QRVO	F	0.01%
NVT	B	0.01%
KMX	B	0.01%
ZG	A	0.0%
HOOD	A	0.0%
LEN	D	0.0%
CNA	C	0.0%
ST	F	0.0%
ALGN	D	0.0%
GNTX	C	0.0%
ARW	D	0.0%
GXO	B	0.0%
MTDR	C	0.0%
CW	B	0.0%
MNST	D	0.0%
HAS	D	0.0%
COTY	F	0.0%
NDAQ	A	0.0%
TPR	A	0.0%
CG	B	0.0%
ALV	C	0.0%
IQV	F	0.0%
ACM	B	0.0%
CNH	D	0.0%
CZR	F	0.0%
UNM	A	0.0%
TWLO	A	0.0%
UHAL	D	0.0%

DFLV Underweight 90 Positions Relative to USMV

Symbol	Grade	Weight
MSI	A	-1.83%
WMT	A	-1.7%
PGR	B	-1.68%
IBM	D	-1.65%
WCN	A	-1.5%
TXN	C	-1.49%
DUK	C	-1.46%
APH	B	-1.46%
WM	B	-1.44%
LLY	F	-1.39%
SO	C	-1.33%
MCK	A	-1.32%
MSFT	D	-1.32%
AVGO	C	-1.29%
ORCL	A	-1.28%
ACN	C	-1.26%
AJG	A	-1.25%
MCD	D	-1.25%
ABBV	F	-1.22%
PG	C	-1.18%
ED	D	-1.12%
MMC	C	-1.11%
MRK	F	-1.06%
PEP	F	-1.05%
AZO	C	-0.96%
AAPL	C	-0.96%
GDDY	A	-0.92%
V	A	-0.86%
LMT	D	-0.85%
CBOE	D	-0.8%
K	B	-0.79%
VRTX	C	-0.78%
WEC	A	-0.75%
NOW	B	-0.72%
MA	A	-0.69%
ORLY	A	-0.67%
AMGN	D	-0.67%
COR	B	-0.67%
NVDA	B	-0.66%
VRSN	D	-0.64%
FICO	A	-0.59%
AON	A	-0.53%
YUM	D	-0.51%
PTC	B	-0.51%
BAH	D	-0.5%
UBER	C	-0.45%
XEL	A	-0.44%
TJX	A	-0.43%
VRSK	B	-0.42%
WDAY	B	-0.42%
ERIE	F	-0.42%
CDW	F	-0.4%
CL	D	-0.4%
AEP	C	-0.38%
IT	B	-0.36%
ROL	A	-0.36%
GEN	B	-0.35%
NBIX	D	-0.33%
FWONK	B	-0.31%
ANET	C	-0.3%
HSY	F	-0.3%
AIZ	A	-0.3%
HD	A	-0.29%
ALNY	D	-0.25%
AZPN	A	-0.23%
HUBS	A	-0.23%
HON	A	-0.23%
AEE	A	-0.23%
NTAP	D	-0.22%
D	C	-0.22%
KMB	C	-0.2%
CMS	C	-0.19%
DTE	C	-0.19%
SNPS	C	-0.19%
TW	B	-0.19%
DPZ	C	-0.19%
STX	D	-0.17%
MELI	D	-0.17%
CDNS	B	-0.17%
CRWD	B	-0.17%
GOOG	B	-0.16%
AMZN	B	-0.14%
DELL	C	-0.11%
KO	D	-0.1%
ADP	B	-0.09%
LNT	A	-0.09%
TEL	C	-0.07%
ULTA	D	-0.05%
BR	A	-0.05%
ATO	A	-0.05%