Dimensional U.S. Core Equity 2 ETF
Top 10 Holdings
What is DFAC?
The investment objective of the Dimensional U.S. Core Equity 2 ETF (the "US Core Equity 2 ETF" or "Portfolio") is to achieve long-term capital appreciation while considering federal income tax implications of investment decisions. o achieve its investment objective, the US Core Equity 2 ETF will purchase a broad and diverse group ofsecurities of U.S. companies. The Portfolio invests in companies of all sizes, with increased exposure to smallercapitalization, lower relative price, and higher profitability companies as compared to their representation in theU.S. Universe. The Advisor generally defines the U.S. Universe as a market capitalization weighted set (e.g., thelarger the company, the greater the proportion of the U.S. Universe it represents) of U.S. operating companieslisted on a securities exchange in the United States that is deemed appropriate by the Advisor. The Portfolio sincreased exposure to smaller capitalization, lower relative price, and higher profitability companies may beachieved by decreasing the allocation of the Portfolio s assets to larger capitalization, higher relative price, orlower profitability companies relative to their weight in the U.S. Universe.
ETFs related toDFAC
ETFs correlated to DFAC include AVUS, TILT, JHML
What is ETF correlation?
Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.
Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.
Using ETF correlations in portfolio and strategy construction
ETF correlations can help you create investing strategies and portfolios. Use them to:
- •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
- •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
- •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.
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We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.