DFEM vs. FRDM ETF Comparison

Comparison of Dimensional Emerging Markets Core Equity 2 ETF (DFEM) to Freedom 100 Emerging Markets ETF (FRDM)

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

$27.16

Average Daily Volume

626,943

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FRDM

Freedom 100 Emerging Markets ETF

FRDM Description

The investment seeks to track the total return performance, before fees and expenses, of the Freedom 100 Emerging Markets Index (the index). Under normal circumstances, at least 80% of the fund's total assets (exclusive of collateral held from securities lending) will be invested in the component securities of the index or in depositary receipts representing such component securities. The index is designed to track the performance of a portfolio of approximately 100 equity securities listed in emerging market countries. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$35.67

Average Daily Volume

78,246

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DFEM	FRDM
30 Days	8.99%	11.38%
60 Days	6.38%	6.60%
90 Days	8.74%	11.32%
12 Months	18.78%	20.35%

15 Overlapping Holdings

Symbol	Grade	Weight in DFEM	Weight in FRDM	Overlap
ASR	B	0.06%	0.1%	0.06%
BBD	F	0.01%	0.13%	0.01%
BCH	A	0.03%	2.69%	0.03%
BCH	A	0.0%	2.69%	0.0%
CCU	B	0.0%	0.43%	0.0%
CHT	D	0.02%	1.07%	0.02%
CHT	D	0.04%	1.07%	0.04%
CX	D	0.14%	0.19%	0.14%
FMX	D	0.03%	0.4%	0.03%
GFI	B	0.16%	0.75%	0.16%
PKX	F	0.02%	1.13%	0.02%
SQM	F	0.03%	3.98%	0.03%
UMC	C	0.18%	1.17%	0.18%
UMC	C	0.01%	1.17%	0.01%
VALE	C	0.36%	1.87%	0.36%

DFEM Overweight 78 Positions Relative to FRDM

Symbol	Grade	Weight
BABA	B	1.31%
PDD	B	0.58%
IBN	C	0.54%
KB	A	0.4%
HDB	D	0.24%
BIDU	C	0.2%
SHG	B	0.2%
INFY	F	0.19%
YUMC	F	0.19%
TCOM	A	0.18%
IBN	C	0.16%
RDY	F	0.12%
ERJ	C	0.12%
ERJ	C	0.12%
VIPS	D	0.09%
GGB	C	0.09%
BILI	C	0.08%
HMY	B	0.08%
PAC	B	0.08%
WIT	D	0.06%
ASAI	F	0.05%
BRFS	B	0.05%
IQ	C	0.05%
LPL	D	0.04%
NIO	D	0.04%
OMAB	B	0.04%
SHG	B	0.04%
TME	B	0.04%
GDS	D	0.04%
CAR	D	0.04%
BAP	C	0.04%
KOF	B	0.03%
JKS	D	0.03%
XPEV	F	0.03%
ASAI	F	0.03%
ABEV	F	0.03%
VIST	B	0.02%
SKM	C	0.02%
PBR	A	0.02%
CSAN	F	0.02%
IMOS	F	0.02%
SBSW	D	0.02%
LI	F	0.02%
CIB	B	0.02%
CSAN	F	0.01%
TLK	F	0.01%
WIT	D	0.01%
SHPH	D	0.01%
SLDB	D	0.01%
PHI	B	0.01%
AKO.A	B	0.01%
BSAC	C	0.01%
KEP	D	0.01%
NTES	D	0.01%
BGNE	C	0.01%
VIV	F	0.01%
SGRP	C	0.01%
SBS	D	0.01%
GRIN	B	0.01%
GGB	C	0.01%
SKM	C	0.01%
KEP	D	0.01%
LGHT	A	0.0%
IFS	D	0.0%
IAC	B	0.0%
SBSW	D	0.0%
HTHT	B	0.0%
BAOS	F	0.0%
HDB	D	0.0%
ENIC	B	0.0%
BZUN	C	0.0%
MGNX	F	0.0%
CIG	C	0.0%
EBR	F	0.0%
ZLAB	C	0.0%
LI	F	0.0%
TCOM	A	0.0%
BIDU	C	0.0%

DFEM Underweight 4 Positions Relative to FRDM

Symbol	Grade	Weight
TSM	B	-8.82%
ITUB	D	-1.02%
BSBR	C	-0.68%
SSL	F	-0.25%