DFSE vs. ACWX ETF Comparison

Comparison of Dimensional Emerging Markets Sustainability Core 1 ETF (DFSE) to iShares MSCI ACWI ex US Index Fund (ACWX)

DFSE

Dimensional Emerging Markets Sustainability Core 1 ETF

DFSE Description

The Portfolio is designed to purchase a broad and diverse group of securities associated with emerging markets. The Portfolio invests in companies of all sizes, with increased exposure to smaller capitalization, lower relative price, and higher profitability companies as compared to their representation in the Emerging Markets Universe, while adjusting the composition of the Portfolio based on sustainability impact considerations.

Grade (RS Rating)

Last Trade

$33.57

Average Daily Volume

26,301

Number of Holdings ^*

* 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

$53.81

Average Daily Volume

861,512

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DFSE	ACWX
30 Days	-3.53%	-2.47%
60 Days	-1.92%	-3.95%
90 Days	-1.35%	-3.67%
12 Months	12.47%	12.80%

20 Overlapping Holdings

Symbol	Grade	Weight in DFSE	Weight in ACWX	Overlap
BABA	D	0.08%	0.65%	0.08%
BABA	D	1.33%	0.65%	0.65%
BGNE	D	0.04%	0.04%	0.04%
BGNE	D	0.05%	0.04%	0.04%
BIDU	F	0.16%	0.09%	0.09%
BIDU	F	0.06%	0.09%	0.06%
BILI	D	0.09%	0.02%	0.02%
HDB	C	0.18%	0.33%	0.18%
HDB	C	0.22%	0.33%	0.22%
IBN	C	0.62%	0.3%	0.3%
IBN	C	0.14%	0.3%	0.14%
LI	F	0.09%	0.05%	0.05%
NIO	F	0.06%	0.02%	0.02%
TCOM	B	0.37%	0.13%	0.13%
TCOM	B	0.11%	0.13%	0.11%
TME	D	0.13%	0.03%	0.03%
WIT	A	0.12%	0.03%	0.03%
WIT	A	0.02%	0.03%	0.02%
XPEV	C	0.14%	0.03%	0.03%
YUMC	C	0.07%	0.07%	0.07%

DFSE Overweight 69 Positions Relative to ACWX

Symbol	Grade	Weight
PDD	F	0.78%
INFY	B	0.51%
KB	B	0.25%
SHG	D	0.25%
VIPS	F	0.2%
NTES	D	0.16%
ERJ	B	0.14%
GFI	D	0.14%
PAC	B	0.13%
ASR	D	0.1%
BAP	B	0.09%
ITUB	F	0.07%
FMX	F	0.07%
ASAI	F	0.07%
SQM	F	0.06%
KB	B	0.06%
UGP	F	0.05%
ABEV	F	0.05%
RDY	F	0.05%
KOF	F	0.05%
BBD	D	0.05%
SHG	D	0.04%
VIV	F	0.04%
CIB	B	0.04%
SBSW	D	0.04%
GGB	C	0.04%
BCH	F	0.04%
ASAI	F	0.03%
SGRP	D	0.03%
OMAB	D	0.03%
ASX	D	0.02%
BSAC	F	0.02%
AKO.A	F	0.02%
IQ	F	0.02%
ERJ	B	0.02%
CIG	C	0.02%
SUZ	C	0.02%
SKM	D	0.02%
WF	C	0.02%
EBR	F	0.01%
CCU	D	0.01%
SKM	D	0.01%
BZ	F	0.01%
SHPH	F	0.01%
IFS	B	0.01%
BCH	F	0.01%
SLDB	F	0.01%
BSBR	F	0.01%
SBS	B	0.01%
TLK	D	0.01%
AKO.A	F	0.01%
ELP	F	0.01%
CSAN	F	0.01%
IAC	D	0.0%
CGA	D	0.0%
AVAL	C	0.0%
MGNX	F	0.0%
NIU	F	0.0%
KC	A	0.0%
JEWL	F	0.0%
ENIC	D	0.0%
GGB	C	0.0%
BAOS	F	0.0%
CSAN	F	0.0%
DRD	D	0.0%
ZTO	F	0.0%
SBSW	D	0.0%
PDSB	F	0.0%
BZUN	F	0.0%

DFSE Underweight 12 Positions Relative to ACWX

Symbol	Grade	Weight
TM	D	-0.69%
MUFG	B	-0.5%
SONY	B	-0.44%
SMFG	B	-0.34%
MFG	B	-0.22%
HMC	F	-0.15%
NMR	B	-0.07%
UMC	F	-0.06%
CHT	D	-0.05%
AGCO	D	-0.02%
MNSO	F	-0.01%
MBAVU	D	-0.01%