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Dimensional World ex U.S. Core Equity 2 ETF

DFAX
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Sep 13 2021
Expense Ratio
0.31%
Type
Global Ex. US Equities
Fund Owner
Dimensional
Volume (1m avg. daily)
$22,330,978
AUM
$5,457,245,944
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Dividend
No
Prospectus

Top 10 Holdings

NESN
Nestle SA
0.74%
005930
Samsung Electronics
0.68%
TTE
TOTALENERGIES SE
0.60%
700
Tencent Holdings Ltd.
0.56%
SHEL
Shell Plc - ADR (Representing - Ordinary Shares)
0.54%
TSM
Taiwan Semiconductor Manufacturing - ADR
0.50%
MC
LVMH MOET HENNESSY LOUIS VUI
0.48%
NVS
Novartis AG - ADR
0.47%
NOVOB
NOVO NORDISK A/S-B
0.44%
ROG
Roche Holding AG
0.41%
Invest with DFAX

What is DFAX?

The investment objective of the Dimensional World ex U.S. Core Equity 2 ETF (the "World ex US Core Equity ETF" or "Portfolio") is to achieve long-term capital appreciation while minimizing federal income taxes on returns. ETF intends to purchase securities of companies associated with developed market and emerging market countries, which may include frontier markets (emerging market countries in an earlier stage of development), that the Advisor has designated as approved markets. As a non-fundamental policy, under normal circumstances, the Portfolio will invest at least 80% of its net assets in non-U.S. equity securities and/or investments that provide exposure to non-U.S. securities. The Portfolio may gain exposure to non-U.S. securities by purchasing equity securities in the form of depositary receipts, which may be listed or traded outside the issuer s domicile country. The Advisor determines company size on a country or region specific basis and based primarily on market capitalization. The Advisor may also adjust the representation in the Portfolio of an eligible company, or exclude a company, after considering such factors as free float, momentum, trading strategies, liquidity, size, relative price, profitability, investment characteristics, and other factors that the Advisor determines to be appropriate. In assessing a company s investment characteristics, the Advisor considers ratios such as recent changes in assets divided by total assets. The criteria the Advisor uses for assessing a company s investment characteristics are subject to change from time to time.

ETFs related toDFAX

ETFs correlated to DFAX include GDEF, GJAN, VXUS

DFAXDimensional ETF Trust - Dimensional World ex U.S. Core Equity 2 ETF
GDEFGoldman Sachs ETF Trust - Goldman Sachs Defensive Equity ETF
Expense Ratio0.55%
Correlation (1yr)1.00
Return (3mo)0.00%
Volume (avg daily 1m)NaN
GJANFirst Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - January
VXUSVanguard Group, Inc. - Vanguard Total International Stock ETF
VEUVanguard Group, Inc. - Vanguard FTSE All-World ex-US ETF
ACWXBlackRock Institutional Trust Company N.A. - iShares MSCI ACWI ex US ETF
CWISSgA Active Trust - SPDR MSCI ACWI ex-US ETF
IXUSBlackRock Institutional Trust Company N.A. - iShares Core MSCI Total International Stock ETF
DMCYAdvisors Inner Circle Fund III - Democracy International Fund
VSGXVanguard Group, Inc. - Vanguard ESG International Stock ETF
DFICDimensional ETF Trust - Dimensional International Core Equity 2 ETF

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.

Disclaimers

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We show information directly obtained from our data provider, XigniteData shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our providerInformation 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.