DFEM vs. EWX ETF Comparison

Comparison of Dimensional Emerging Markets Core Equity 2 ETF (DFEM) to SPDR S&P Emerging Markets Small Cap ETF (EWX)

DFEM

Dimensional Emerging Markets Core Equity 2 ETF

DFEM Description

The Portfolio is designed to purchase a broad and diverse group of securities associated with emerging markets, 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 equity investments that are defined in the prospectus as Approved Market securities.

Grade (RS Rating)

Last Trade

$26.58

Average Daily Volume

596,677

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

EWX

SPDR S&P Emerging Markets Small Cap ETF

EWX Description

The investment seeks investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the small capitalization segment of global emerging market countries. The fund employs a sampling strategy in seeking to track the performance of the S&PÂ® Emerging Markets Under USD2 Billion Index. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index or in American Depositary Receipts ("ADRs") or Global Depositary Receipts ("GDRs") based on securities comprising the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$60.04

Average Daily Volume

29,451

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DFEM	EWX
30 Days	-3.35%	-1.36%
60 Days	-2.10%	1.35%
90 Days	-1.52%	2.37%
12 Months	12.95%	11.16%

7 Overlapping Holdings

Symbol	Grade	Weight in DFEM	Weight in EWX	Overlap
BZUN	F	0.0%	0.02%	0.0%
CAR	C	0.05%	0.19%	0.05%
IMOS	F	0.01%	0.06%	0.01%
JKS	F	0.03%	0.09%	0.03%
PDSB	F	0.0%	0.01%	0.0%
SGRP	D	0.03%	0.11%	0.03%
SHPH	F	0.01%	0.02%	0.01%

DFEM Overweight 93 Positions Relative to EWX

Symbol	Grade	Weight
BABA	D	1.24%
IBN	C	0.62%
PDD	F	0.46%
KB	B	0.38%
INFY	B	0.32%
VALE	F	0.31%
HDB	C	0.25%
HDB	C	0.24%
YUMC	C	0.2%
TCOM	B	0.19%
SHG	D	0.19%
IBN	C	0.15%
ERJ	B	0.14%
BIDU	F	0.14%
VIPS	F	0.14%
ERJ	B	0.14%
UMC	F	0.14%
XPEV	C	0.13%
GFI	D	0.13%
RDY	F	0.11%
GDS	C	0.1%
BILI	D	0.09%
CX	D	0.09%
PAC	B	0.08%
SBSW	D	0.07%
LI	F	0.07%
HMY	D	0.07%
GGB	C	0.07%
WIT	A	0.06%
TME	D	0.05%
ASR	D	0.05%
LPL	F	0.05%
SHG	D	0.05%
BAP	B	0.05%
BRFS	D	0.05%
NTES	D	0.04%
UMC	F	0.04%
PBR	C	0.03%
ABEV	F	0.03%
VIST	A	0.03%
BCH	F	0.03%
CHT	D	0.03%
BBD	D	0.02%
SKM	D	0.02%
KEP	B	0.02%
IQ	F	0.02%
BIDU	F	0.02%
BABA	D	0.02%
SKM	D	0.02%
PKX	F	0.02%
CHT	D	0.02%
SQM	F	0.02%
CIB	B	0.02%
ASAI	F	0.02%
OMAB	D	0.02%
FMX	F	0.02%
KOF	F	0.02%
CIG	C	0.01%
PHI	D	0.01%
ITUB	F	0.01%
ASX	D	0.01%
BSAC	F	0.01%
NIO	F	0.01%
AKO.A	F	0.01%
WF	C	0.01%
WIT	A	0.01%
BGNE	D	0.01%
VIV	F	0.01%
GGB	C	0.01%
KEP	B	0.01%
SBS	B	0.01%
ASAI	F	0.01%
BGNE	D	0.01%
KB	B	0.01%
TCOM	B	0.01%
ENIC	D	0.0%
BAOS	F	0.0%
LPL	F	0.0%
LGHT	D	0.0%
ELP	F	0.0%
SLDB	F	0.0%
BCH	F	0.0%
MGNX	F	0.0%
UGP	F	0.0%
CCU	D	0.0%
LI	F	0.0%
SUZ	C	0.0%
BAK	F	0.0%
CSAN	F	0.0%
ZTO	F	0.0%
EBR	F	0.0%
ZLAB	C	0.0%
VNET	B	0.0%

DFEM Underweight 35 Positions Relative to EWX

Symbol	Grade	Weight
DAC	B	-0.1%
FINV	B	-0.1%
MOMO	D	-0.1%
BLTE	C	-0.09%
TIGR	D	-0.07%
DQ	F	-0.07%
EH	F	-0.07%
CMRE	C	-0.07%
BTBT	C	-0.06%
HEPS	C	-0.06%
HIMX	F	-0.06%
DDL	C	-0.06%
TUYA	F	-0.05%
SB	F	-0.05%
TEN	F	-0.05%
GASS	D	-0.04%
QD	C	-0.04%
JEWL	F	-0.03%
RERE	B	-0.03%
YALA	D	-0.03%
HUYA	F	-0.03%
VINP	C	-0.03%
NEXA	C	-0.03%
GOTU	F	-0.03%
AFYA	D	-0.03%
PAX	B	-0.03%
VTEX	D	-0.03%
GPRK	C	-0.03%
SOHU	F	-0.03%
LX	C	-0.02%
CINT	D	-0.02%
DOYU	C	-0.02%
DSX	F	-0.01%
BWMX	D	-0.01%
CBAT	F	-0.0%