DFSE vs. AVXC ETF Comparison

Comparison of Dimensional Emerging Markets Sustainability Core 1 ETF (DFSE) to Avantis Emerging Markets ex-China Equity ETF (AVXC)

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

$33.65

Average Daily Volume

25,869

Number of Holdings ^*

* may have additional holdings in another (foreign) market

AVXC

Avantis Emerging Markets ex-China Equity ETF

AVXC Description

AVXC aims to achieve long-term capital growth by investing in a varied selection of companies from emerging markets, with China being a notable exception. It prioritizes companies with smaller market capitalizations that exhibit strong profitability and value characteristics. The manager utilizes financial data and market information to identify suitable securities, focusing on metrics like adjusted book/price and cash from operations to book value ratios. Additional factors considered include industry classification, historical performance, liquidity, among others. Security weightings are determined based on market capitalization and potential for returns relative to its peers. AVXC adjusts its holdings according to desired characteristics and may reduce exposure or sell if criteria are not met, considering past performance, expected returns, implementation costs, and tax implications. The fund has the capability to invest in foreign-denominated securities and partake in securities lending activities.

Grade (RS Rating)

Last Trade

$51.24

Average Daily Volume

16,545

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DFSE	AVXC
30 Days	-3.99%	-4.88%
60 Days	-1.03%	-4.97%
90 Days	0.15%	-3.68%
12 Months	12.35%

53 Overlapping Holdings

Symbol	Grade	Weight in DFSE	Weight in AVXC	Overlap
ABEV	F	0.05%	0.1%	0.05%
AKO.A	F	0.02%	0.06%	0.02%
AKO.A	F	0.01%	0.06%	0.01%
ASAI	F	0.03%	0.13%	0.03%
ASAI	F	0.07%	0.13%	0.07%
ASR	D	0.1%	0.09%	0.09%
ASX	D	0.02%	0.32%	0.02%
BAP	A	0.09%	0.3%	0.09%
BBD	D	0.05%	0.3%	0.05%
BCH	C	0.04%	0.11%	0.04%
BCH	C	0.01%	0.11%	0.01%
BSAC	C	0.02%	0.03%	0.02%
BSBR	F	0.01%	0.04%	0.01%
CCU	F	0.01%	0.04%	0.01%
CIB	B	0.04%	0.04%	0.04%
CIG	A	0.02%	0.16%	0.02%
CSAN	F	0.01%	0.08%	0.01%
CSAN	F	0.0%	0.08%	0.0%
EBR	F	0.01%	0.14%	0.01%
ERJ	B	0.14%	0.22%	0.14%
ERJ	B	0.02%	0.22%	0.02%
FMX	F	0.07%	0.15%	0.07%
GFI	D	0.14%	0.21%	0.14%
GGB	C	0.0%	0.16%	0.0%
GGB	C	0.04%	0.16%	0.04%
HDB	C	0.22%	0.78%	0.22%
HDB	C	0.18%	0.78%	0.18%
IBN	D	0.62%	0.47%	0.47%
IBN	D	0.14%	0.47%	0.14%
IFS	A	0.01%	0.06%	0.01%
INFY	C	0.51%	0.9%	0.51%
ITUB	D	0.07%	0.41%	0.07%
KB	B	0.25%	0.53%	0.25%
KB	B	0.06%	0.53%	0.06%
OMAB	F	0.03%	0.08%	0.03%
PAC	A	0.13%	0.18%	0.13%
RDY	D	0.05%	0.21%	0.05%
SBS	B	0.01%	0.13%	0.01%
SBSW	F	0.04%	0.17%	0.04%
SBSW	F	0.0%	0.17%	0.0%
SGRP	D	0.03%	0.08%	0.03%
SHG	C	0.25%	0.37%	0.25%
SHG	C	0.04%	0.37%	0.04%
SHPH	F	0.01%	0.0%	0.0%
SKM	C	0.02%	0.08%	0.02%
SKM	C	0.01%	0.08%	0.01%
SQM	D	0.06%	0.08%	0.06%
SUZ	B	0.02%	0.16%	0.02%
TLK	F	0.01%	0.13%	0.01%
UGP	F	0.05%	0.04%	0.04%
VIV	D	0.04%	0.09%	0.04%
WIT	A	0.12%	0.1%	0.1%
WIT	A	0.02%	0.1%	0.02%

DFSE Overweight 36 Positions Relative to AVXC

Symbol	Grade	Weight
BABA	D	1.33%
PDD	F	0.78%
TCOM	B	0.37%
VIPS	F	0.2%
BIDU	D	0.16%
NTES	C	0.16%
XPEV	C	0.14%
TME	D	0.13%
TCOM	B	0.11%
LI	F	0.09%
BILI	D	0.09%
BABA	D	0.08%
YUMC	B	0.07%
BIDU	D	0.06%
NIO	F	0.06%
KOF	F	0.05%
BGNE	D	0.05%
BGNE	D	0.04%
IQ	F	0.02%
WF	C	0.02%
BZ	F	0.01%
SLDB	F	0.01%
ELP	F	0.01%
IAC	D	0.0%
CGA	D	0.0%
AVAL	C	0.0%
MGNX	D	0.0%
NIU	F	0.0%
KC	A	0.0%
JEWL	D	0.0%
ENIC	B	0.0%
BAOS	F	0.0%
DRD	D	0.0%
ZTO	F	0.0%
PDSB	F	0.0%
BZUN	F	0.0%

DFSE Underweight 30 Positions Relative to AVXC

Symbol	Grade	Weight
TSM	C	-8.36%
VALE	F	-0.68%
PBR	C	-0.44%
UMC	F	-0.27%
NU	C	-0.18%
LPL	F	-0.12%
CAR	C	-0.11%
SCCO	F	-0.11%
CHT	D	-0.11%
CX	F	-0.1%
HMY	C	-0.1%
TWI	F	-0.09%
TKC	B	-0.09%
TV	F	-0.08%
PKX	F	-0.06%
BRFS	D	-0.06%
XP	F	-0.06%
KEP	B	-0.05%
SID	D	-0.05%
VLRS	B	-0.05%
SSL	F	-0.04%
PHI	D	-0.04%
PAGS	F	-0.04%
KT	A	-0.03%
PAX	C	-0.02%
EC	D	-0.02%
BAK	F	-0.02%
BVN	F	-0.02%
IMOS	F	-0.01%
AZUL	F	-0.0%