DFEM vs. VYMI ETF Comparison

Comparison of Dimensional Emerging Markets Core Equity 2 ETF (DFEM) to Vanguard International High Dividend Yield ETF (VYMI)

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

VYMI

Vanguard International High Dividend Yield ETF

VYMI Description

Vanguard International High Dividend Yield ETF seeks to track the performance of the FTSE All-World ex US High Dividend Yield Index, which focuses on companies located in developed and emerging markets, excluding the United States, that are forecasted to have above-average dividend yields. The fund invests by sampling the index, meaning that it holds a broadly diversified collection of securities that, in the aggregate, approximates the full index in terms of key characteristics. These key characteristics include industry weightings and market capitalization, as well as certain financial measures, such as price/earnings ratio and dividend yield. The experience and stability of Vanguard%u2019s Equity Index Group have permitted continuous refinement of techniques for reducing tracking error. The group uses proprietary software to implement trading decisions that accommodate cash flow and maintain close correlation with index characteristics. Vanguard%u2019s refined indexing process, combined with low management fees and efficient trading, has provided tight tracking net of expenses.

Grade (RS Rating)

Last Trade

$70.12

Average Daily Volume

306,933

Number of Holdings ^*

40

* may have additional holdings in another (foreign) market

Performance

Period	DFEM	VYMI
30 Days	-3.35%	-1.64%
60 Days	-2.10%	-3.30%
90 Days	-1.52%	-2.22%
12 Months	12.95%	15.41%

26 Overlapping Holdings

	Symbol	Grade	Weight in DFEM	Weight in VYMI	Overlap
	ABEV	F	0.03%	0.0%	0.0%
	ABEV	F	0.03%	0.07%	0.03%
	AKO.A	F	0.01%	0.01%	0.01%
	ASAI	F	0.01%	0.05%	0.01%
	ASAI	F	0.02%	0.05%	0.02%
	ASX	D	0.01%	0.02%	0.01%
	BCH	F	0.03%	0.04%	0.03%
	BCH	F	0.0%	0.04%	0.0%
	BSAC	F	0.01%	0.01%	0.01%
	CHT	D	0.02%	0.11%	0.02%
	CHT	D	0.03%	0.11%	0.03%
	CIB	B	0.02%	0.03%	0.02%
	CIG	C	0.01%	0.01%	0.01%
	CSAN	F	0.0%	0.02%	0.0%
	GGB	C	0.01%	0.03%	0.01%
	GGB	C	0.07%	0.03%	0.03%
	ITUB	F	0.01%	0.02%	0.01%
	KB	B	0.38%	0.16%	0.16%
	KB	B	0.01%	0.16%	0.01%
	SBSW	D	0.07%	0.02%	0.02%
	SHG	D	0.05%	0.14%	0.05%
	SHG	D	0.19%	0.14%	0.14%
	UMC	F	0.14%	0.13%	0.13%
	UMC	F	0.04%	0.13%	0.04%
	VALE	F	0.31%	0.31%	0.31%
	VIV	F	0.01%	0.01%	0.01%

DFEM Overweight 75 Positions Relative to VYMI

	Symbol	Grade	Weight
	BABA	D	1.24%
	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%
	IBN	C	0.15%
	ERJ	B	0.14%
	BIDU	F	0.14%
	VIPS	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%
	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%
	BAP	B	0.05%
	BRFS	D	0.05%
	NTES	D	0.04%
	SGRP	D	0.03%
	JKS	F	0.03%
	PBR	C	0.03%
	VIST	A	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%
	SQM	F	0.02%
	OMAB	D	0.02%
	FMX	F	0.02%
	KOF	F	0.02%
	PHI	D	0.01%
	SHPH	F	0.01%
	NIO	F	0.01%
	IMOS	F	0.01%
	WF	C	0.01%
	WIT	A	0.01%
	BGNE	D	0.01%
	KEP	B	0.01%
	SBS	B	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%
	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%
	ZTO	F	0.0%
	EBR	F	0.0%
	ZLAB	C	0.0%
	VNET	B	0.0%

DFEM Underweight 21 Positions Relative to VYMI

	Symbol	Grade	Weight
	NVS	D	-1.66%
	TM	D	-1.54%
	HSBH	B	-1.28%
	UL	D	-1.13%
	MUFG	B	-0.9%
	TD	F	-0.73%
	SMFG	B	-0.59%
	MFG	B	-0.4%
	HMC	F	-0.36%
	BCS	C	-0.34%
	LYG	F	-0.32%
	E	F	-0.26%
	STLA	F	-0.21%
	SW	A	-0.2%
	NMR	B	-0.11%
	AGCO	D	-0.04%
	QFIN	B	-0.03%
	AEI	D	-0.03%
	YY	C	-0.01%
	ATHM	D	-0.01%
	EC	D	-0.01%

DFEM: Top Represented Industries & Keywords

Industries: Banks - Regional - Latin America Banks - Regional - Asia Internet Content & Information Biotechnology Specialty Retail Telecom Services Airports & Air Services Auto Manufacturers Beverages - Brewers Drug Manufacturers - Specialty & Generic Gold Information Technology Services Semiconductors Utilities - Regulated Electric Chemicals Oil & Gas Refining & Marketing Steel Utilities - Diversified Advertising Agencies Aerospace & Defense

Keywords: Bank Banking Investment Banking Currency Financial Products Advertising Services Broadband Drink Internet Access Investment Banking Services Natural Gas Securitization Telecommunications Beer Cancer Cash Management Cola Deposit Products Distribution Network E-Commerce

VYMI: Top Represented Industries & Keywords

Industries: Banks - Global Banks - Regional - Latin America Auto Manufacturers Banks - Regional - Asia Internet Content & Information Oil & Gas Integrated Semiconductors Telecom Services Banks - Regional - Europe Beverages - Brewers Beverages - Non-Alcoholic Capital Markets Credit Services Drug Manufacturers - Major Farm & Construction Equipment Gold Grocery Stores Household & Personal Products Industrial Metals & Minerals Oil & Gas Refining & Marketing

Keywords: Bank Financial Products Investment Banking Banking Investment Banking Services Currency Investment Product Commercial Banking Factoring Financial Advisory Services Insurance Products Investment Bank Project Finance Securitization Asset Management Cash Management Corporate Banking Structured Finance Advisory Services Asset Management Services