VWO vs. DFEV ETF Comparison

Comparison of Vanguard FTSE Emerging Markets ETF (VWO) to Dimensional Emerging Markets Value ETF (DFEV)

VWO

Vanguard FTSE Emerging Markets ETF

VWO Description

The investment seeks to track the performance of a benchmark index that measures the investment return of stocks issued by companies located in emerging market countries. The fund employs an indexing investment approach by investing substantially all (approximately 95%) of its assets in the common stocks included in the FTSE Emerging Index, while employing a form of sampling to reduce risk. The FTSE Emerging Index includes approximately 851 common stocks of companies located in emerging markets around the world. As of May 31, 2013, the largest markets covered in the index were China, Brazil, Taiwan, and India.

Grade (RS Rating)

Last Trade

$44.63

Average Daily Volume

8,345,683

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$27.24

Average Daily Volume

119,937

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VWO	DFEV
30 Days	-0.22%	-0.60%
60 Days	0.61%	-1.64%
90 Days	1.02%	-0.78%
12 Months	13.92%	14.62%

40 Overlapping Holdings

Symbol	Grade	Weight in VWO	Weight in DFEV	Overlap
BABA	C	1.98%	1.7%	1.7%
BABA	C	1.98%	0.26%	0.26%
BAOS	F	0.0%	0.01%	0.0%
BBD	C	0.01%	0.05%	0.01%
BIDU	F	0.29%	0.47%	0.29%
BIDU	F	0.29%	0.07%	0.07%
BRFS	B	0.03%	0.1%	0.03%
CIB	D	0.03%	0.01%	0.01%
CSAN	F	0.03%	0.07%	0.03%
ERJ	B	0.06%	0.16%	0.06%
ERJ	B	0.01%	0.04%	0.01%
ERJ	B	0.01%	0.16%	0.01%
ERJ	B	0.06%	0.04%	0.04%
GDS	C	0.01%	0.02%	0.01%
GGB	C	0.05%	0.05%	0.05%
GGB	C	0.0%	0.05%	0.0%
GGB	C	0.05%	0.04%	0.04%
GGB	C	0.0%	0.04%	0.0%
GRIN	A	0.0%	0.03%	0.0%
HDB	C	1.29%	0.41%	0.41%
HDB	C	1.29%	0.08%	0.08%
IBN	B	0.55%	0.01%	0.01%
IMOS	D	0.01%	0.02%	0.01%
JKS	D	0.01%	0.02%	0.01%
RDY	D	0.03%	0.16%	0.03%
SBSW	F	0.04%	0.1%	0.04%
TCOM	C	0.27%	0.46%	0.27%
TME	F	0.1%	0.05%	0.05%
UMC	B	0.06%	0.15%	0.06%
UMC	B	0.06%	0.64%	0.06%
UMC	B	0.17%	0.15%	0.15%
UMC	B	0.17%	0.64%	0.17%
VALE	D	0.5%	0.17%	0.17%
VIPS	F	0.06%	0.07%	0.06%
VNET	C	0.0%	0.0%	0.0%
WIT	C	0.08%	0.27%	0.08%
WIT	C	0.02%	0.09%	0.02%
WIT	C	0.02%	0.27%	0.02%
WIT	C	0.08%	0.09%	0.08%
XPEV	D	0.06%	0.0%	0.0%

VWO Overweight 55 Positions Relative to DFEV

Symbol	Grade	Weight
PDD	F	1.08%
YUMC	D	0.12%
LI	F	0.12%
CHT	A	0.12%
ABEV	C	0.11%
BEKE	F	0.1%
ASAI	F	0.09%
BGNE	C	0.09%
ITUB	B	0.07%
NIO	C	0.07%
YMM	D	0.06%
BCH	B	0.06%
TAL	F	0.05%
BILI	D	0.05%
BZ	F	0.05%
CHT	A	0.04%
QFIN	C	0.03%
SGRP	C	0.02%
ATHM	C	0.02%
SBS	B	0.02%
IQ	F	0.02%
RLX	F	0.02%
CAR	F	0.02%
SQM	D	0.01%
EH	F	0.01%
WB	F	0.01%
CIG	B	0.01%
GOTU	F	0.01%
EC	D	0.01%
FINV	C	0.01%
BSAC	B	0.01%
CSIQ	F	0.01%
ATAT	B	0.01%
YY	C	0.01%
DQ	F	0.01%
MOMO	D	0.01%
ELP	C	0.01%
AKO.A	D	0.01%
BSBR	C	0.01%
JEWL	D	0.0%
ENIC	D	0.0%
DAO	F	0.0%
DADA	F	0.0%
BAK	D	0.0%
HUYA	D	0.0%
CAN	D	0.0%
ATHM	C	0.0%
EBR	C	0.0%
ASAI	F	0.0%
DDL	C	0.0%
UBSI	C	0.0%
TUYA	F	0.0%
SID	D	0.0%
SOHU	D	0.0%
AZUL	F	0.0%

VWO Underweight 18 Positions Relative to DFEV

Symbol	Grade	Weight
KB	D	-0.86%
SHG	C	-0.61%
CX	D	-0.23%
HMY	C	-0.11%
PBR	C	-0.1%
LPL	D	-0.08%
FMX	D	-0.06%
PKX	D	-0.05%
SHG	C	-0.02%
WF	C	-0.02%
ASX	D	-0.01%
KB	D	-0.01%
SHPH	F	-0.01%
LPL	D	-0.01%
LND	C	-0.0%
DRD	D	-0.0%
VIST	C	-0.0%
SUZ	F	-0.0%