DFEV vs. VWO ETF Comparison

Comparison of Dimensional Emerging Markets Value ETF (DFEV) to Vanguard FTSE Emerging Markets ETF (VWO)

DFEV

Dimensional Emerging Markets Value ETF

DFEV Description

The Portfolio is designed to purchase emerging market equity securities that are deemed by the Advisor to be value stocks at the time of purchase, 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 investments that are defined in the Prospectus as Approved Markets securities. The Portfolio may purchase emerging market equity securities across all market capitalizations.

Grade (RS Rating)

Last Trade

$27.53

Average Daily Volume

88,673

Number of Holdings ^*

50

* may have additional holdings in another (foreign) market

VWO

Vanguard FTSE Emerging Markets ETF

VWO Description

The investment seeks to track the performance of a benchmark index that measures the investment return of stocks issued by companies located in emerging market countries. The fund employs an indexing investment approach by investing substantially all (approximately 95%) of its assets in the common stocks included in the FTSE Emerging Index, while employing a form of sampling to reduce risk. The FTSE Emerging Index includes approximately 851 common stocks of companies located in emerging markets around the world. As of May 31, 2013, the largest markets covered in the index were China, Brazil, Taiwan, and India.

Grade (RS Rating)

Last Trade

$46.58

Average Daily Volume

8,176,302

Number of Holdings ^*

82

* may have additional holdings in another (foreign) market

Performance

Period	DFEV	VWO
30 Days	-5.06%	-5.34%
60 Days	1.26%	4.47%
90 Days	4.27%	8.42%
12 Months	21.71%	23.59%

41 Overlapping Holdings

	Symbol	Grade	Weight in DFEV	Weight in VWO	Overlap
	BABA	B	1.84%	2.42%	1.84%
	BABA	B	0.25%	2.42%	0.25%
	BAOS	F	0.01%	0.0%	0.0%
	BBD	F	0.07%	0.01%	0.01%
	BIDU	F	0.07%	0.31%	0.07%
	BIDU	F	0.52%	0.31%	0.31%
	BRFS	C	0.09%	0.03%	0.03%
	CSAN	F	0.06%	0.03%	0.03%
	ERJ	C	0.15%	0.06%	0.06%
	ERJ	C	0.04%	0.06%	0.04%
	ERJ	C	0.04%	0.01%	0.01%
	ERJ	C	0.15%	0.01%	0.01%
	GDS	B	0.03%	0.02%	0.02%
	GGB	F	0.05%	0.0%	0.0%
	GGB	F	0.05%	0.05%	0.05%
	GGB	F	0.07%	0.05%	0.05%
	GGB	F	0.07%	0.0%	0.0%
	GRIN	A	0.03%	0.0%	0.0%
	HDB	B	0.74%	1.24%	0.74%
	HDB	B	0.08%	1.24%	0.08%
	IBN	A	0.01%	0.62%	0.01%
	IMOS	F	0.02%	0.01%	0.01%
	IMOS	F	0.0%	0.01%	0.0%
	IQ	C	0.02%	0.01%	0.01%
	JKS	A	0.02%	0.01%	0.01%
	RDY	D	0.18%	0.03%	0.03%
	SBSW	B	0.11%	0.03%	0.03%
	TCOM	A	0.55%	0.36%	0.36%
	TME	D	0.06%	0.09%	0.06%
	UMC	F	0.54%	0.16%	0.16%
	UMC	F	0.14%	0.05%	0.05%
	UMC	F	0.14%	0.16%	0.14%
	UMC	F	0.54%	0.05%	0.05%
	VALE	F	0.63%	0.48%	0.48%
	VIPS	F	0.09%	0.06%	0.06%
	VNET	B	0.0%	0.01%	0.0%
	WIT	B	0.26%	0.02%	0.02%
	WIT	B	0.26%	0.08%	0.08%
	WIT	B	0.1%	0.08%	0.08%
	WIT	B	0.1%	0.02%	0.02%
	XPEV	B	0.0%	0.09%	0.0%

DFEV Overweight 17 Positions Relative to VWO

	Symbol	Grade	Weight
	KB	B	0.83%
	SHG	D	0.54%
	CX	F	0.22%
	HMY	B	0.12%
	LPL	F	0.08%
	FMX	F	0.06%
	PBR	F	0.06%
	SHG	D	0.03%
	PKX	F	0.03%
	ASX	C	0.02%
	WF	D	0.02%
	KB	B	0.01%
	LPL	F	0.01%
	SHPH	D	0.01%
	DRD	B	0.0%
	VIST	B	0.0%
	SUZ	C	0.0%

DFEV Underweight 53 Positions Relative to VWO

	Symbol	Grade	Weight
	PDD	C	-1.02%
	YUMC	A	-0.19%
	BGNE	C	-0.15%
	LI	C	-0.15%
	BEKE	A	-0.13%
	CHT	D	-0.12%
	ABEV	F	-0.11%
	NIO	D	-0.09%
	ASAI	F	-0.08%
	BILI	A	-0.07%
	YMM	B	-0.07%
	BZ	C	-0.06%
	BCH	D	-0.06%
	ITUB	F	-0.06%
	TAL	B	-0.05%
	QFIN	B	-0.04%
	CHT	D	-0.04%
	CIB	D	-0.03%
	RLX	F	-0.02%
	SGRP	B	-0.02%
	SBS	F	-0.02%
	ATHM	D	-0.02%
	CAR	C	-0.02%
	DDL	A	-0.01%
	EH	B	-0.01%
	GOTU	F	-0.01%
	EC	F	-0.01%
	CIG	D	-0.01%
	WB	B	-0.01%
	BSAC	D	-0.01%
	CSIQ	D	-0.01%
	FINV	B	-0.01%
	DQ	A	-0.01%
	ELP	F	-0.01%
	YY	D	-0.01%
	MOMO	A	-0.01%
	AKO.A	F	-0.01%
	BSBR	F	-0.01%
	ATAT	B	-0.01%
	JEWL	D	-0.0%
	HUYA	D	-0.0%
	DAO	A	-0.0%
	BAK	F	-0.0%
	ASAI	F	-0.0%
	DADA	C	-0.0%
	EBR	F	-0.0%
	ATHM	D	-0.0%
	UBSI	A	-0.0%
	CAN	B	-0.0%
	AZUL	F	-0.0%
	SOHU	D	-0.0%
	SID	F	-0.0%
	SQM	D	-0.0%

DFEV: Top Represented Industries & Keywords

Industries: Banks - Regional - Asia Gold Internet Content & Information Semiconductors Drug Manufacturers - Specialty & Generic Information Technology Services Specialty Retail Steel Advertising Agencies Aerospace & Defense Auto Manufacturers Banks - Regional - Latin America Beverages - Brewers Building Materials Consumer Electronics Data Storage Industrial Metals & Minerals Leisure Oil & Gas E&P Oil & Gas Integrated

Keywords: Banking Bank Investment Banking Currency Financial Products Advertising Services Deposit Products Electronic Engineering Electronics Investment Banking Services Online Advertising Securitization Semiconductor Semiconductor Device Fabrication Trust Management Account Management Asset Management Services Backup Software Building Materials Cash Management

VWO: Top Represented Industries & Keywords

Industries: Internet Content & Information Banks - Regional - Latin America Auto Manufacturers Specialty Retail Aerospace & Defense Banks - Regional - Asia Chemicals Credit Services Education & Training Services Grocery Stores Information Technology Services Semiconductors Solar Steel Utilities - Diversified Advertising Agencies Airlines Banks - Regional - US Beverages - Brewers Beverages - Non-Alcoholic

Keywords: Bank Banking Games Investment Banking Currency Financial Products Online Game Transport Advertising Services Cash Management Deposit Products Distribution Network Factoring Investment Product Commercial Banking Computing Concurrent Computing Consumer Finance Demand Deposit Electric Vehicle