DFEV vs. XCEM ETF Comparison

Comparison of Dimensional Emerging Markets Value ETF (DFEV) to EGShares EM Core ex-China ETF (XCEM)

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

$26.87

Average Daily Volume

100,763

Number of Holdings ^*

* may have additional holdings in another (foreign) market

XCEM

EGShares EM Core ex-China ETF

XCEM Description

The investment seeks investment results that correspond to the EGAI Emerging Markets ex-China IndexSM. The fund will invest at least 80% of its net assets in the companies included in the underlying index and generally expects to be substantially invested at such times, with at least 95% of its net assets invested in these securities. The underlying index is a market capitalization-weighted index designed to provide broad, core emerging markets equity exposure by measuring the stock performance of up to 700 companies across the EGAI Emerging Markets Universe, excluding those listed or domiciled in China and Hong Kong. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$31.13

Average Daily Volume

153,296

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DFEV	XCEM
30 Days	-3.83%	-4.01%
60 Days	-1.14%	-4.68%
90 Days	-2.10%	-5.81%
12 Months	14.74%	9.91%

18 Overlapping Holdings

Symbol	Grade	Weight in DFEV	Weight in XCEM	Overlap
BRFS	C	0.09%	0.07%	0.07%
ERJ	A	0.17%	0.34%	0.17%
ERJ	A	0.05%	0.34%	0.05%
GGB	C	0.08%	0.14%	0.08%
GGB	C	0.05%	0.14%	0.05%
HDB	C	0.08%	1.98%	0.08%
HDB	C	0.81%	1.98%	0.81%
IBN	C	0.01%	1.97%	0.01%
KB	B	0.81%	0.63%	0.63%
KB	B	0.01%	0.63%	0.01%
SBSW	D	0.1%	0.09%	0.09%
SHG	C	0.52%	0.54%	0.52%
SHG	C	0.02%	0.54%	0.02%
UMC	F	0.49%	0.39%	0.39%
UMC	F	0.12%	0.39%	0.12%
VALE	F	0.63%	0.82%	0.63%
WIT	B	0.11%	0.26%	0.11%
WIT	B	0.27%	0.26%	0.26%

DFEV Overweight 32 Positions Relative to XCEM

Symbol	Grade	Weight
BABA	D	1.73%
TCOM	B	0.55%
BIDU	F	0.5%
BABA	D	0.24%
CX	F	0.22%
RDY	F	0.17%
HMY	D	0.1%
VIPS	F	0.1%
LPL	D	0.08%
BBD	D	0.07%
BIDU	F	0.07%
TME	D	0.06%
CSAN	F	0.06%
FMX	F	0.05%
PBR	D	0.05%
JKS	F	0.03%
GDS	C	0.03%
IQ	F	0.03%
PKX	D	0.02%
IMOS	F	0.02%
ASX	D	0.02%
WF	C	0.02%
LPL	D	0.01%
BAOS	F	0.01%
SHPH	F	0.01%
BSBR	F	0.0%
DRD	D	0.0%
IMOS	F	0.0%
VNET	B	0.0%
VIST	B	0.0%
SUZ	B	0.0%
XPEV	C	0.0%

DFEV Underweight 5 Positions Relative to XCEM

Symbol	Grade	Weight
INFY	C	-1.76%
CHT	C	-0.67%
ASAI	F	-0.43%
ABEV	F	-0.2%
SKM	C	-0.09%