MFDX vs. DFAX ETF Comparison

Comparison of PIMCO Equitiy Series PIMCO RAFI Dynamic Multi-Factor International Equity ETF (MFDX) to Dimensional World ex U.S. Core Equity 2 ETF (DFAX)

MFDX

PIMCO Equitiy Series PIMCO RAFI Dynamic Multi-Factor International Equity ETF

MFDX Description

The investment seeks to track the investment results of the RAFI Dynamic Multi-Factor Emerging Markets Index. The fund seeks to achieve its investment objective by investing at least 80% of its total assets (exclusive of collateral held from securities lending) in the component securities of the RAFI Dynamic Multi-Factor Emerging Markets Index. The underlying index is constructed by RAFI Indices, LLC using a rules-based approach to construct factor portfolios within the underlying index. The underlying index consists of "factor portfolios," each of which emphasizes one of the following factors: value, low volatility, quality and momentum.

Grade (RS Rating)

Last Trade

$30.41

Average Daily Volume

24,135

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DFAX

Dimensional World ex U.S. Core Equity 2 ETF

DFAX Description

Dimensional ETF Trust - Dimensional World ex U.S. Core Equity 2 ETF is an exchange traded fund launched and managed by Dimensional Fund Advisors L.P. The fund is co-managed by Dimensional Fund Advisors Ltd. and DFA Australia Limited. It invests in public equity markets of global ex-US region. The fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies across diversified market capitalization. It seeks to benchmark the performance of its portfolio against the MSCI All Country World ex USA Index (net dividends). Dimensional ETF Trust - Dimensional World ex U.S. Core Equity 2 ETF was formed on March 6, 2008 and is domiciled in United States.

Grade (RS Rating)

Last Trade

$25.59

Average Daily Volume

495,771

Number of Holdings ^*

177

* may have additional holdings in another (foreign) market

Performance

Period	MFDX	DFAX
30 Days	-1.45%	-2.00%
60 Days	-5.23%	-3.78%
90 Days	-4.02%	-3.51%
12 Months	11.37%	12.89%

41 Overlapping Holdings

Symbol	Grade	Weight in MFDX	Weight in DFAX	Overlap
ABBV	D	0.7%	0.22%	0.22%
AEI	D	0.03%	0.03%	0.03%
AGCO	D	0.04%	0.03%	0.03%
BCS	C	0.28%	0.02%	0.02%
BCS	C	0.28%	0.09%	0.09%
CCEP	C	0.06%	0.04%	0.04%
CNI	D	0.16%	0.09%	0.09%
DEO	F	0.14%	0.05%	0.05%
DEO	F	0.14%	0.02%	0.02%
DOOO	F	0.02%	0.01%	0.01%
E	F	0.08%	0.12%	0.08%
FRO	F	0.02%	0.01%	0.01%
GOLD	D	0.09%	0.04%	0.04%
HMC	F	0.16%	0.05%	0.05%
HMC	F	0.16%	0.03%	0.03%
HSBH	B	0.4%	0.1%	0.1%
LOGI	D	0.13%	0.08%	0.08%
LYG	F	0.1%	0.1%	0.1%
LYG	F	0.1%	0.0%	0.0%
MBAVU	D	0.0%	0.01%	0.0%
MFG	B	0.36%	0.08%	0.08%
MUFG	B	0.39%	0.04%	0.04%
MUFG	B	0.39%	0.24%	0.24%
NMR	B	0.07%	0.07%	0.07%
NMR	B	0.07%	0.02%	0.02%
NVS	D	0.61%	0.01%	0.01%
NVS	D	0.61%	0.6%	0.6%
PDS	C	0.03%	0.01%	0.01%
QGEN	D	0.04%	0.02%	0.02%
RBA	A	0.11%	0.04%	0.04%
SMFG	B	0.27%	0.0%	0.0%
SMFG	B	0.27%	0.11%	0.11%
SONY	B	0.03%	0.24%	0.03%
STLA	F	0.06%	0.15%	0.06%
TEVA	D	0.1%	0.04%	0.04%
TM	D	0.21%	0.64%	0.21%
TM	D	0.21%	0.03%	0.03%
UL	D	1.11%	0.2%	0.2%
UL	D	1.11%	0.03%	0.03%
WCN	A	0.21%	0.04%	0.04%
WFG	D	0.08%	0.05%	0.05%

MFDX Overweight 20 Positions Relative to DFAX

Symbol	Grade	Weight
TT	A	0.37%
MDT	D	0.34%
NXPI	D	0.32%
ARM	D	0.28%
GRMN	B	0.26%
SE	B	0.22%
SPOT	B	0.22%
CHKP	D	0.12%
ICLR	D	0.08%
LULU	C	0.07%
WIX	B	0.06%
ALLE	D	0.05%
CYBR	B	0.04%
ALV	C	0.04%
ASND	D	0.02%
MNDY	C	0.02%
SFL	D	0.01%
AER	B	0.01%
YY	C	0.01%
CSIQ	F	0.0%

MFDX Underweight 136 Positions Relative to DFAX

Symbol	Grade	Weight
TSM	B	-0.8%
ASML	F	-0.39%
BABA	D	-0.36%
BP	D	-0.27%
HSBC	B	-0.21%
AZN	D	-0.21%
TD	F	-0.18%
BHP	F	-0.17%
IBN	C	-0.16%
KB	B	-0.12%
YUMC	C	-0.12%
BBVA	F	-0.12%
GSK	F	-0.11%
RIO	D	-0.11%
HDB	C	-0.1%
FLUT	A	-0.1%
VALE	F	-0.09%
TCOM	B	-0.09%
PDD	F	-0.09%
NVO	D	-0.08%
RELX	C	-0.08%
INFY	B	-0.06%
HMY	D	-0.06%
ERJ	B	-0.06%
STM	F	-0.06%
GFI	D	-0.06%
UMC	F	-0.06%
RDY	F	-0.05%
PHG	D	-0.05%
NTES	D	-0.05%
ERJ	B	-0.05%
BIDU	F	-0.04%
BIDU	F	-0.04%
TCOM	B	-0.04%
SHG	D	-0.04%
VIPS	F	-0.04%
XRX	F	-0.03%
IBN	C	-0.03%
PAC	B	-0.03%
VALE	F	-0.03%
OTEX	D	-0.03%
TME	D	-0.03%
XPEV	C	-0.03%
WPP	B	-0.03%
NGG	D	-0.03%
MT	B	-0.03%
ZTO	F	-0.02%
NIO	F	-0.02%
LPL	F	-0.02%
ASR	D	-0.02%
HDB	C	-0.02%
PKX	F	-0.02%
SBSW	D	-0.02%
TAC	B	-0.02%
CAR	C	-0.02%
PSO	B	-0.02%
ING	F	-0.02%
VIST	A	-0.02%
BILI	D	-0.02%
LSPD	C	-0.02%
SHOP	B	-0.02%
HLN	D	-0.02%
GGB	C	-0.02%
GDS	C	-0.02%
SAN	F	-0.02%
TS	B	-0.02%
IHG	A	-0.02%
MNTX	C	-0.01%
TLRY	F	-0.01%
KEP	B	-0.01%
BCH	F	-0.01%
LPL	F	-0.01%
SQM	F	-0.01%
SBS	B	-0.01%
BUD	F	-0.01%
CSAN	F	-0.01%
ELBM	F	-0.01%
TEF	D	-0.01%
EQNR	D	-0.01%
SGRP	D	-0.01%
ASTL	B	-0.01%
JKS	F	-0.01%
ORLA	C	-0.01%
CHT	D	-0.01%
SKM	D	-0.01%
TTE	F	-0.01%
BBD	D	-0.01%
SHG	D	-0.01%
PIXY	F	-0.01%
TRMD	F	-0.01%
KB	B	-0.01%
IQ	F	-0.01%
TCI	D	-0.01%
ASX	D	-0.01%
HTHT	D	-0.01%
BAP	B	-0.01%
GOGL	F	-0.01%
WIT	A	-0.01%
GGB	C	-0.01%
BRFS	D	-0.01%
ASAI	F	-0.01%
NWG	C	-0.01%
LI	F	-0.01%
BTI	B	-0.01%
WDS	D	-0.01%
KEP	B	-0.0%
BCH	F	-0.0%
RENB	F	-0.0%
SAP	B	-0.0%
AUDC	D	-0.0%
FMX	F	-0.0%
BLCO	D	-0.0%
VMAR	F	-0.0%
WIT	A	-0.0%
UGP	F	-0.0%
ARGX	A	-0.0%
TLK	D	-0.0%
SNN	D	-0.0%
NICE	C	-0.0%
SBSW	D	-0.0%
BGNE	D	-0.0%
JHX	C	-0.0%
VNET	B	-0.0%
BGNE	D	-0.0%
SNY	F	-0.0%
CCU	D	-0.0%
ECO	F	-0.0%
CSAN	F	-0.0%
CHGX	A	-0.0%
CHT	D	-0.0%
MGIC	F	-0.0%
KOF	F	-0.0%
FLNG	B	-0.0%
ABEV	F	-0.0%
IMOS	F	-0.0%
SID	F	-0.0%