DFAX vs. DBAW ETF Comparison

Comparison of Dimensional World ex U.S. Core Equity 2 ETF (DFAX) to db X-trackers MSCI All World ex US Hedged Equity Fund (DBAW)

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

$25.40

Average Daily Volume

493,595

Number of Holdings ^*

178

* may have additional holdings in another (foreign) market

DBAW

db X-trackers MSCI All World ex US Hedged Equity Fund

DBAW Description

The investment seeks investment results that correspond generally to the performance, before fees and expenses, of the MSCI ACWI ex USA US Dollar Hedged Index. The fund, using a "passive" or indexing investment approach, attempts to approximate the investment performance of the underlying index. The underlying index is designed to provide exposure to equity securities in developed and emerging stock markets (excluding the United States), while at the same time mitigating exposure to fluctuations between the value of the U.S. dollar and selected non-U.S. currencies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$34.22

Average Daily Volume

12,941

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DFAX	DBAW
30 Days	-3.20%	-2.23%
60 Days	-3.57%	1.15%
90 Days	-3.85%	1.14%
12 Months	12.49%	17.70%

92 Overlapping Holdings

Symbol	Grade	Weight in DFAX	Weight in DBAW	Overlap
ABBV	F	0.23%	0.31%	0.23%
ABEV	F	0.0%	0.03%	0.0%
AGCO	D	0.03%	0.02%	0.02%
ASAI	F	0.0%	0.02%	0.0%
ASAI	F	0.01%	0.02%	0.01%
BABA	D	0.39%	0.59%	0.39%
BAP	A	0.01%	0.04%	0.01%
BCH	C	0.01%	0.02%	0.01%
BCH	C	0.0%	0.02%	0.0%
BCS	A	0.09%	0.17%	0.09%
BCS	A	0.02%	0.17%	0.02%
BGNE	D	0.0%	0.03%	0.0%
BGNE	D	0.0%	0.03%	0.0%
BIDU	F	0.04%	0.09%	0.04%
BIDU	F	0.04%	0.09%	0.04%
BILI	D	0.03%	0.01%	0.01%
BRFS	C	0.01%	0.01%	0.01%
CCEP	C	0.04%	0.05%	0.04%
CHT	C	0.01%	0.05%	0.01%
CHT	C	0.0%	0.05%	0.0%
CNI	F	0.1%	0.2%	0.1%
CSAN	F	0.01%	0.01%	0.01%
CSAN	F	0.0%	0.01%	0.0%
DEO	F	0.05%	0.23%	0.05%
DEO	F	0.02%	0.23%	0.02%
DOOO	F	0.01%	0.01%	0.01%
E	F	0.12%	0.12%	0.12%
ERJ	A	0.06%	0.02%	0.02%
ERJ	A	0.05%	0.02%	0.02%
GGB	C	0.01%	0.02%	0.01%
GGB	C	0.02%	0.02%	0.02%
GOLD	C	0.04%	0.1%	0.04%
HDB	C	0.1%	0.29%	0.1%
HDB	C	0.02%	0.29%	0.02%
HMC	F	0.05%	0.14%	0.05%
HMC	F	0.03%	0.14%	0.03%
HSBH	B	0.09%	0.58%	0.09%
HTHT	D	0.01%	0.03%	0.01%
IBN	C	0.16%	0.26%	0.16%
IBN	C	0.03%	0.26%	0.03%
IQ	F	0.01%	0.0%	0.0%
KB	B	0.01%	0.09%	0.01%
KB	B	0.12%	0.09%	0.09%
KEP	B	0.0%	0.02%	0.0%
LI	F	0.01%	0.05%	0.01%
LOGI	D	0.08%	0.04%	0.04%
LPL	D	0.02%	0.01%	0.01%
LPL	D	0.01%	0.01%	0.01%
LYG	D	0.0%	0.15%	0.0%
LYG	D	0.1%	0.15%	0.1%
MBAVU	C	0.01%	0.01%	0.01%
MFG	A	0.07%	0.21%	0.07%
MUFG	B	0.23%	0.46%	0.23%
MUFG	B	0.04%	0.46%	0.04%
NIO	F	0.02%	0.02%	0.02%
NMR	B	0.02%	0.06%	0.02%
NMR	B	0.07%	0.06%	0.06%
NVS	F	0.6%	0.71%	0.6%
NVS	F	0.01%	0.71%	0.01%
OTEX	F	0.03%	0.03%	0.03%
PDD	F	0.09%	0.27%	0.09%
QGEN	D	0.02%	0.03%	0.02%
RBA	A	0.04%	0.06%	0.04%
SBSW	D	0.0%	0.01%	0.0%
SBSW	D	0.02%	0.01%	0.01%
SHG	C	0.01%	0.06%	0.01%
SHG	C	0.05%	0.06%	0.05%
SHOP	B	0.02%	0.46%	0.02%
SKM	C	0.01%	0.0%	0.0%
SMFG	B	0.11%	0.31%	0.11%
SMFG	B	0.0%	0.31%	0.0%
SONY	B	0.24%	0.41%	0.24%
STLA	F	0.15%	0.1%	0.1%
TCOM	B	0.04%	0.11%	0.04%
TCOM	B	0.09%	0.11%	0.09%
TD	D	0.18%	0.34%	0.18%
TEVA	C	0.04%	0.06%	0.04%
TM	F	0.03%	0.62%	0.03%
TM	F	0.61%	0.62%	0.61%
TME	D	0.03%	0.03%	0.03%
UL	D	0.2%	0.5%	0.2%
UL	D	0.03%	0.5%	0.03%
UMC	F	0.06%	0.06%	0.06%
VALE	F	0.09%	0.11%	0.09%
VALE	F	0.03%	0.11%	0.03%
VIPS	F	0.05%	0.02%	0.02%
WFG	C	0.04%	0.02%	0.02%
WIT	B	0.01%	0.03%	0.01%
WIT	B	0.0%	0.03%	0.0%
XPEV	C	0.03%	0.03%	0.03%
XRX	F	0.02%	0.05%	0.02%
YUMC	C	0.12%	0.07%	0.07%

DFAX Overweight 86 Positions Relative to DBAW

Symbol	Grade	Weight
TSM	B	0.8%
ASML	F	0.38%
BP	D	0.26%
AZN	F	0.21%
HSBC	A	0.2%
BHP	F	0.17%
BBVA	D	0.12%
RIO	D	0.11%
GSK	F	0.11%
FLUT	A	0.09%
NVO	F	0.08%
RELX	D	0.08%
INFY	C	0.06%
HMY	D	0.06%
GFI	D	0.06%
STM	F	0.06%
RDY	F	0.05%
NTES	D	0.05%
PHG	C	0.05%
WCN	A	0.04%
PAC	B	0.03%
AEI	D	0.03%
WPP	C	0.03%
NGG	D	0.03%
MT	B	0.03%
ZTO	F	0.02%
ASR	D	0.02%
BTI	B	0.02%
TAC	A	0.02%
PKX	D	0.02%
VIST	B	0.02%
CAR	C	0.02%
PSO	B	0.02%
ING	F	0.02%
LSPD	C	0.02%
HLN	C	0.02%
SAN	D	0.02%
TS	B	0.02%
GDS	C	0.02%
IHG	A	0.02%
MNTX	B	0.01%
TLRY	F	0.01%
SQM	D	0.01%
SBS	B	0.01%
ELBM	D	0.01%
BUD	F	0.01%
TEF	C	0.01%
EQNR	C	0.01%
SGRP	D	0.01%
ASTL	B	0.01%
ORLA	C	0.01%
BBD	D	0.01%
TTE	F	0.01%
PRMW	C	0.01%
JKS	F	0.01%
PDS	C	0.01%
PIXY	F	0.01%
TRMD	F	0.01%
ASX	D	0.01%
TCI	D	0.01%
GOGL	F	0.01%
FRO	D	0.01%
NWG	A	0.01%
WDS	D	0.01%
CLF	F	0.0%
SAP	B	0.0%
AUDC	D	0.0%
VNET	B	0.0%
RENB	F	0.0%
BLCO	B	0.0%
FMX	F	0.0%
SNN	D	0.0%
JHX	D	0.0%
ARGX	B	0.0%
UGP	F	0.0%
NICE	D	0.0%
CCU	D	0.0%
SNY	F	0.0%
ECO	F	0.0%
TLK	D	0.0%
CHGX	A	0.0%
FLNG	C	0.0%
MGIC	D	0.0%
KOF	F	0.0%
SID	F	0.0%
IMOS	F	0.0%

DFAX Underweight 21 Positions Relative to DBAW

Symbol	Grade	Weight
NU	C	-0.14%
SE	A	-0.13%
AER	A	-0.07%
CYBR	A	-0.05%
CHKP	C	-0.05%
BEKE	D	-0.04%
SCCO	F	-0.03%
WIX	A	-0.03%
GRAB	A	-0.03%
MNDY	C	-0.03%
FUTU	D	-0.02%
XP	F	-0.02%
ATHM	C	-0.01%
STNE	F	-0.01%
BVN	D	-0.01%
QFIN	A	-0.01%
LEGN	D	-0.01%
TAL	F	-0.01%
BZ	F	-0.01%
GLBE	B	-0.01%
PAGS	F	-0.0%