DFEM vs. GXC ETF Comparison

Comparison of Dimensional Emerging Markets Core Equity 2 ETF (DFEM) to SPDR S&P China ETF (GXC)

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

GXC

SPDR S&P China ETF

GXC Description

The investment seeks investment results that, before fees and expenses, correspond generally to the total return performance of an index. The fund employs a sampling strategy in seeking to track the performance of the S&P China BMI Index. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index or in ADRs or GDRs based on securities comprising the index. The index is a market capitalization weighted index designed to define and measure the investable universe of publicly traded companies domiciled in China available to foreign investors. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$75.44

Average Daily Volume

89,387

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DFEM	GXC
30 Days	-3.35%	-6.22%
60 Days	-2.10%	9.62%
90 Days	-1.52%	10.66%
12 Months	12.95%	9.00%

23 Overlapping Holdings

Symbol	Grade	Weight in DFEM	Weight in GXC	Overlap
BABA	D	1.24%	6.52%	1.24%
BABA	D	0.02%	6.52%	0.02%
BGNE	D	0.01%	0.44%	0.01%
BGNE	D	0.01%	0.44%	0.01%
BIDU	F	0.14%	0.88%	0.14%
BIDU	F	0.02%	0.88%	0.02%
BILI	D	0.09%	0.17%	0.09%
GDS	C	0.1%	0.11%	0.1%
IQ	F	0.02%	0.04%	0.02%
JKS	F	0.03%	0.03%	0.03%
LI	F	0.07%	0.5%	0.07%
LI	F	0.0%	0.5%	0.0%
NIO	F	0.01%	0.28%	0.01%
NIO	F	0.01%	0.01%	0.01%
PDD	F	0.46%	2.99%	0.46%
TCOM	B	0.19%	1.22%	0.19%
TCOM	B	0.01%	1.22%	0.01%
TME	D	0.05%	0.27%	0.05%
VIPS	F	0.14%	0.15%	0.14%
VNET	B	0.0%	0.02%	0.0%
XPEV	C	0.13%	0.3%	0.13%
YUMC	C	0.2%	0.72%	0.2%
ZTO	F	0.0%	0.33%	0.0%

DFEM Overweight 78 Positions Relative to GXC

Symbol	Grade	Weight
IBN	C	0.62%
KB	B	0.38%
INFY	B	0.32%
VALE	F	0.31%
HDB	C	0.25%
HDB	C	0.24%
SHG	D	0.19%
IBN	C	0.15%
ERJ	B	0.14%
ERJ	B	0.14%
UMC	F	0.14%
GFI	D	0.13%
RDY	F	0.11%
CX	D	0.09%
PAC	B	0.08%
SBSW	D	0.07%
HMY	D	0.07%
GGB	C	0.07%
WIT	A	0.06%
ASR	D	0.05%
LPL	F	0.05%
CAR	C	0.05%
SHG	D	0.05%
BAP	B	0.05%
BRFS	D	0.05%
NTES	D	0.04%
UMC	F	0.04%
SGRP	D	0.03%
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%
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%
SHPH	F	0.01%
ASX	D	0.01%
BSAC	F	0.01%
AKO.A	F	0.01%
IMOS	F	0.01%
WF	C	0.01%
WIT	A	0.01%
VIV	F	0.01%
GGB	C	0.01%
KEP	B	0.01%
SBS	B	0.01%
ASAI	F	0.01%
KB	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%
PDSB	F	0.0%
CCU	D	0.0%
SUZ	C	0.0%
BZUN	F	0.0%
BAK	F	0.0%
CSAN	F	0.0%
EBR	F	0.0%
ZLAB	C	0.0%

DFEM Underweight 37 Positions Relative to GXC

Symbol	Grade	Weight
BEKE	D	-0.49%
YMM	C	-0.21%
BZ	F	-0.17%
TAL	F	-0.17%
QFIN	B	-0.15%
LEGN	F	-0.11%
ATHM	D	-0.07%
YY	C	-0.07%
MNSO	F	-0.07%
RLX	C	-0.05%
MOMO	D	-0.04%
DQ	F	-0.04%
LX	C	-0.03%
NOAH	D	-0.03%
BLTE	C	-0.03%
EH	F	-0.03%
JEWL	F	-0.03%
RERE	B	-0.02%
FINV	B	-0.02%
SOHU	F	-0.02%
DDL	C	-0.02%
BTBT	C	-0.02%
WB	D	-0.02%
DOYU	C	-0.01%
DADA	F	-0.01%
NIU	F	-0.01%
CBAT	F	-0.01%
ZK	D	-0.01%
TUYA	F	-0.01%
API	C	-0.01%
CAN	C	-0.01%
GOTU	F	-0.01%
ATAT	C	-0.01%
QD	C	-0.01%
TIGR	D	-0.01%
HUYA	F	-0.01%
FNGR	F	-0.0%