DFEM vs. JIVE ETF Comparison

Comparison of Dimensional Emerging Markets Core Equity 2 ETF (DFEM) to JPMorgan International Value ETF (JIVE)

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

JIVE

JPMorgan International Value ETF

JIVE Description

JIVE taps into various global markets by investing in undervalued stocks and equity-related securities outside the US. This includes common stock, preferred stock, ETFs, depositary receipts, and REITs. The fund uses fundamental analysis, and behavior-based and quantitative screens to find promising investments. In addition, the advisers analysis relies on their proprietary research, information from companies, data from external vendors, and in-house fundamental research. The belief behind the strategy is that market inefficiencies created by investor behavior can lead to valuation opportunities. The fund may also use derivatives for security substitutes and to manage currency risks and cash flows. Additionally, it considers ESG factors in its assessments but may not prioritize them when opportunities align with its main goal. Stocks are sold in the event of declining fundamentals, if adverse political or economic shifts, or when better investment options arise.

Grade (RS Rating)

Last Trade

$56.87

Average Daily Volume

5,590

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DFEM	JIVE
30 Days	-3.35%	-1.99%
60 Days	-2.10%	-3.53%
90 Days	-1.52%	-3.01%
12 Months	12.95%	17.71%

12 Overlapping Holdings

Symbol	Grade	Weight in DFEM	Weight in JIVE	Overlap
BABA	D	0.02%	1.47%	0.02%
BABA	D	1.24%	1.47%	1.24%
GGB	C	0.07%	0.16%	0.07%
GGB	C	0.01%	0.16%	0.01%
KB	B	0.38%	0.34%	0.34%
KB	B	0.01%	0.34%	0.01%
SKM	D	0.02%	0.26%	0.02%
SKM	D	0.02%	0.26%	0.02%
UMC	F	0.04%	0.3%	0.04%
UMC	F	0.14%	0.3%	0.14%
VALE	F	0.31%	0.38%	0.31%
VIPS	F	0.14%	0.17%	0.14%

DFEM Overweight 88 Positions Relative to JIVE

Symbol	Grade	Weight
IBN	C	0.62%
PDD	F	0.46%
INFY	B	0.32%
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%
ERJ	B	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%
WIT	A	0.06%
TME	D	0.05%
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%
SGRP	D	0.03%
JKS	F	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%
KEP	B	0.02%
IQ	F	0.02%
BIDU	F	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%
NIO	F	0.01%
AKO.A	F	0.01%
IMOS	F	0.01%
WF	C	0.01%
WIT	A	0.01%
BGNE	D	0.01%
VIV	F	0.01%
KEP	B	0.01%
SBS	B	0.01%
ASAI	F	0.01%
BGNE	D	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%
PDSB	F	0.0%
CCU	D	0.0%
LI	F	0.0%
SUZ	C	0.0%
BZUN	F	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 14 Positions Relative to JIVE

Symbol	Grade	Weight
NVS	D	-1.82%
HSBH	B	-1.43%
MUFG	B	-1.06%
TD	F	-0.9%
SMFG	B	-0.75%
BCS	C	-0.57%
MFG	B	-0.56%
LYG	F	-0.54%
HMC	F	-0.4%
AER	B	-0.28%
SONY	B	-0.21%
KT	A	-0.17%
FRO	F	-0.12%
PDS	C	-0.12%