SPY vs. DFLV ETF Comparison

Comparison of SPDR S&P 500 (SPY) to Dimensional US Large Cap Value ETF (DFLV)

SPY

SPDR S&P 500

SPY Description

The investment seeks to provide investment results that, before expenses, generally correspond to the price and yield performance of the S&P 500 Index. The Trust holds the Portfolio and cash and is not actively "managed" by traditional methods. To maintain the correspondence between the composition and weightings of Portfolio Securities and component stocks of the S&P 500 Index, the Trustee adjusts the Portfolio from time to time to conform to periodic changes in the identity and/or relative weightings of Index Securities.

Grade (RS Rating)

Last Trade

$595.51

Average Daily Volume

43,227,909

Number of Holdings ^*

499

* may have additional holdings in another (foreign) market

DFLV

Dimensional US Large Cap Value ETF

DFLV Description

To achieve the U.S. Large Cap Value ETF"s investment objective, the Advisor implements an integrated investment approach that combines research, portfolio design, portfolio management, and trading functions. As a non-fundamental policy, under normal circumstances, the Portfolio will invest at least 80% of its net assets in securities of large cap U.S. companies.

Grade (RS Rating)

Last Trade

$32.43

Average Daily Volume

326,007

Number of Holdings ^*

330

* may have additional holdings in another (foreign) market

Performance

Period	SPY	DFLV
30 Days	3.03%	4.48%
60 Days	4.54%	5.88%
90 Days	6.26%	7.25%
12 Months	32.65%	30.40%

255 Overlapping Holdings

Symbol	Grade	Weight in SPY	Weight in DFLV	Overlap
ABT	B	0.4%	0.85%	0.4%
ACGL	D	0.07%	0.4%	0.07%
ADI	D	0.21%	0.65%	0.21%
ADM	D	0.05%	0.09%	0.05%
AFL	B	0.11%	0.27%	0.11%
AIG	B	0.1%	0.54%	0.1%
AKAM	D	0.03%	0.14%	0.03%
ALGN	D	0.03%	0.0%	0.0%
ALL	A	0.1%	0.16%	0.1%
AMCR	D	0.03%	0.13%	0.03%
AMD	F	0.45%	0.53%	0.45%
AME	A	0.09%	0.42%	0.09%
APD	A	0.14%	0.46%	0.14%
APTV	D	0.03%	0.09%	0.03%
BAC	A	0.62%	1.01%	0.62%
BALL	D	0.04%	0.21%	0.04%
BAX	D	0.03%	0.05%	0.03%
BBY	D	0.04%	0.01%	0.01%
BDX	F	0.13%	0.44%	0.13%
BG	F	0.02%	0.13%	0.02%
BIIB	F	0.05%	0.14%	0.05%
BK	A	0.11%	0.71%	0.11%
BKR	B	0.09%	0.58%	0.09%
BLDR	D	0.04%	0.28%	0.04%
BLK	C	0.29%	0.08%	0.08%
BMY	B	0.24%	0.41%	0.24%
BRK.A	B	1.7%	2.15%	1.7%
BSX	B	0.26%	0.01%	0.01%
BWA	D	0.02%	0.1%	0.02%
C	A	0.26%	0.39%	0.26%
CAG	D	0.03%	0.06%	0.03%
CARR	D	0.13%	0.29%	0.13%
CB	C	0.21%	0.6%	0.21%
CBRE	B	0.08%	0.49%	0.08%
CCL	B	0.05%	0.04%	0.04%
CE	F	0.02%	0.07%	0.02%
CF	B	0.03%	0.18%	0.03%
CFG	B	0.04%	0.04%	0.04%
CHD	B	0.05%	0.02%	0.02%
CHTR	C	0.08%	0.03%	0.03%
CI	F	0.18%	0.73%	0.18%
CINF	A	0.05%	0.06%	0.05%
CMCSA	B	0.33%	1.52%	0.33%
CME	A	0.16%	0.04%	0.04%
CMI	A	0.1%	0.74%	0.1%
CNC	D	0.06%	0.27%	0.06%
COF	B	0.14%	0.47%	0.14%
COP	C	0.26%	1.25%	0.26%
CPB	D	0.02%	0.13%	0.02%
CRL	C	0.02%	0.07%	0.02%
CRM	B	0.64%	1.39%	0.64%
CSCO	B	0.46%	1.73%	0.46%
CSGP	D	0.06%	0.05%	0.05%
CSX	B	0.14%	0.36%	0.14%
CTRA	B	0.04%	0.19%	0.04%
CTSH	B	0.08%	0.64%	0.08%
CTVA	C	0.08%	0.19%	0.08%
CVS	D	0.14%	0.35%	0.14%
CVX	A	0.55%	2.12%	0.55%
CZR	F	0.02%	0.0%	0.0%
DAL	C	0.08%	0.56%	0.08%
DD	D	0.07%	0.2%	0.07%
DE	A	0.2%	0.61%	0.2%
DFS	B	0.09%	0.66%	0.09%
DG	F	0.03%	0.03%	0.03%
DGX	A	0.03%	0.25%	0.03%
DHI	D	0.1%	0.38%	0.1%
DHR	F	0.31%	0.72%	0.31%
DIS	B	0.39%	0.48%	0.39%
DLTR	F	0.03%	0.12%	0.03%
DOV	A	0.06%	0.35%	0.06%
DOW	F	0.06%	0.66%	0.06%
DVN	F	0.05%	0.28%	0.05%
EA	A	0.08%	0.37%	0.08%
EBAY	D	0.06%	0.47%	0.06%
EG	C	0.03%	0.34%	0.03%
ELV	F	0.19%	0.79%	0.19%
EMN	D	0.02%	0.14%	0.02%
EMR	A	0.15%	0.28%	0.15%
EOG	A	0.15%	0.5%	0.15%
EPAM	C	0.03%	0.03%	0.03%
EQT	B	0.05%	0.07%	0.05%
ETN	A	0.29%	0.44%	0.29%
EW	C	0.08%	0.14%	0.08%
F	C	0.09%	0.53%	0.09%
FANG	D	0.07%	0.58%	0.07%
FCX	D	0.12%	0.44%	0.12%
FDX	B	0.13%	0.6%	0.13%
FFIV	B	0.03%	0.06%	0.03%
FI	A	0.24%	0.37%	0.24%
FIS	C	0.1%	0.41%	0.1%
FITB	A	0.06%	0.4%	0.06%
FOX	A	0.01%	0.06%	0.01%
FOXA	B	0.02%	0.12%	0.02%
FSLR	F	0.04%	0.2%	0.04%
FTV	C	0.05%	0.18%	0.05%
GD	F	0.15%	0.47%	0.15%
GEHC	F	0.08%	0.42%	0.08%
GILD	C	0.23%	0.76%	0.23%
GIS	D	0.07%	0.5%	0.07%
GL	B	0.02%	0.06%	0.02%
GLW	B	0.07%	0.75%	0.07%
GM	B	0.13%	0.9%	0.13%
GPC	D	0.03%	0.15%	0.03%
GPN	B	0.06%	0.15%	0.06%
GRMN	B	0.06%	0.47%	0.06%
GS	A	0.37%	1.15%	0.37%
HAL	C	0.05%	0.25%	0.05%
HAS	D	0.02%	0.0%	0.0%
HBAN	A	0.05%	0.12%	0.05%
HES	B	0.08%	0.07%	0.07%
HIG	B	0.07%	0.64%	0.07%
HII	D	0.02%	0.02%	0.02%
HOLX	D	0.04%	0.15%	0.04%
HPE	B	0.06%	0.34%	0.06%
HPQ	B	0.07%	0.27%	0.07%
HRL	D	0.02%	0.06%	0.02%
HSIC	B	0.02%	0.02%	0.02%
HUM	C	0.07%	0.11%	0.07%
ICE	C	0.18%	0.02%	0.02%
IEX	B	0.03%	0.05%	0.03%
IFF	D	0.05%	0.09%	0.05%
INCY	C	0.02%	0.01%	0.01%
INTC	D	0.21%	0.33%	0.21%
IP	B	0.04%	0.15%	0.04%
IPG	D	0.02%	0.06%	0.02%
IQV	D	0.07%	0.01%	0.01%
IR	B	0.08%	0.53%	0.08%
IVZ	B	0.02%	0.01%	0.01%
J	F	0.04%	0.1%	0.04%
JBHT	C	0.03%	0.1%	0.03%
JBL	B	0.03%	0.04%	0.03%
JCI	C	0.11%	0.6%	0.11%
JNJ	D	0.73%	1.13%	0.73%
JNPR	F	0.03%	0.09%	0.03%
JPM	A	1.37%	5.12%	1.37%
KDP	D	0.07%	0.31%	0.07%
KEY	B	0.04%	0.07%	0.04%
KEYS	A	0.05%	0.21%	0.05%
KHC	F	0.06%	0.16%	0.06%
KMI	A	0.1%	0.37%	0.1%
KMX	B	0.02%	0.01%	0.01%
KR	B	0.08%	0.66%	0.08%
KVUE	A	0.09%	0.4%	0.09%
L	A	0.03%	0.3%	0.03%
LDOS	C	0.04%	0.19%	0.04%
LEN	D	0.08%	0.0%	0.0%
LEN	D	0.08%	0.48%	0.08%
LH	C	0.04%	0.43%	0.04%
LHX	C	0.09%	0.33%	0.09%
LIN	D	0.43%	0.58%	0.43%
LKQ	D	0.02%	0.07%	0.02%
LUV	C	0.04%	0.11%	0.04%
LYB	F	0.04%	0.44%	0.04%
MDLZ	F	0.17%	0.62%	0.17%
MDT	D	0.22%	0.66%	0.22%
MET	A	0.1%	0.42%	0.1%
MHK	D	0.01%	0.01%	0.01%
MKC	D	0.04%	0.05%	0.04%
MLM	B	0.07%	0.52%	0.07%
MNST	C	0.08%	0.0%	0.0%
MOH	F	0.04%	0.12%	0.04%
MOS	F	0.02%	0.01%	0.01%
MPC	D	0.11%	0.5%	0.11%
MRK	F	0.5%	0.02%	0.02%
MRNA	F	0.03%	0.04%	0.03%
MRO	B	0.03%	0.09%	0.03%
MS	A	0.33%	1.0%	0.33%
MTB	A	0.07%	0.23%	0.07%
MU	D	0.22%	0.34%	0.22%
NDAQ	A	0.06%	0.0%	0.0%
NDSN	B	0.03%	0.04%	0.03%
NEM	D	0.09%	0.3%	0.09%
NOC	D	0.14%	0.31%	0.14%
NRG	B	0.04%	0.17%	0.04%
NSC	B	0.12%	0.58%	0.12%
NTRS	A	0.04%	0.11%	0.04%
NUE	C	0.07%	0.69%	0.07%
NWS	B	0.01%	0.02%	0.01%
NWSA	B	0.02%	0.07%	0.02%
OKE	A	0.13%	0.33%	0.13%
OMC	C	0.04%	0.16%	0.04%
ON	D	0.06%	0.25%	0.06%
OTIS	C	0.08%	0.19%	0.08%
OXY	D	0.07%	0.14%	0.07%
PCAR	B	0.12%	0.82%	0.12%
PFE	D	0.29%	0.32%	0.29%
PFG	D	0.04%	0.18%	0.04%
PH	A	0.18%	0.24%	0.18%
PHM	D	0.05%	0.5%	0.05%
PKG	A	0.04%	0.25%	0.04%
PNC	B	0.16%	0.25%	0.16%
PNR	A	0.03%	0.26%	0.03%
PPG	F	0.06%	0.35%	0.06%
PRU	A	0.09%	0.57%	0.09%
PSX	C	0.11%	0.5%	0.11%
PWR	A	0.09%	0.29%	0.09%
PYPL	B	0.17%	0.25%	0.17%
QRVO	F	0.01%	0.01%	0.01%
REGN	F	0.16%	0.42%	0.16%
RF	A	0.05%	0.5%	0.05%
RJF	A	0.06%	0.41%	0.06%
ROP	B	0.12%	0.11%	0.11%
RSG	A	0.08%	0.13%	0.08%
RTX	C	0.31%	0.76%	0.31%
RVTY	F	0.03%	0.02%	0.02%
SCHW	B	0.24%	0.04%	0.04%
SJM	D	0.02%	0.12%	0.02%
SLB	C	0.12%	0.06%	0.06%
SNA	A	0.04%	0.24%	0.04%
SOLV	C	0.02%	0.02%	0.02%
STE	F	0.04%	0.19%	0.04%
STLD	B	0.04%	0.57%	0.04%
STT	A	0.06%	0.17%	0.06%
STZ	D	0.08%	0.41%	0.08%
SW	A	0.05%	0.07%	0.05%
SWK	D	0.03%	0.04%	0.03%
SWKS	F	0.03%	0.11%	0.03%
SYF	B	0.05%	0.22%	0.05%
T	A	0.32%	1.27%	0.32%
TAP	C	0.02%	0.03%	0.02%
TDY	B	0.04%	0.09%	0.04%
TFC	A	0.12%	0.13%	0.12%
TFX	F	0.02%	0.02%	0.02%
TGT	F	0.14%	0.37%	0.14%
TMO	F	0.4%	0.72%	0.4%
TMUS	B	0.23%	0.92%	0.23%
TPR	B	0.03%	0.0%	0.0%
TRMB	B	0.03%	0.07%	0.03%
TROW	B	0.05%	0.21%	0.05%
TRV	B	0.12%	0.62%	0.12%
TSN	B	0.04%	0.43%	0.04%
TTWO	A	0.06%	0.21%	0.06%
TXT	D	0.03%	0.4%	0.03%
UAL	A	0.06%	0.37%	0.06%
UHS	D	0.02%	0.2%	0.02%
UNH	C	1.09%	1.04%	1.04%
URI	B	0.11%	0.56%	0.11%
USB	A	0.16%	0.26%	0.16%
VLO	C	0.09%	0.63%	0.09%
VMC	B	0.07%	0.5%	0.07%
VTRS	A	0.03%	0.07%	0.03%
VZ	C	0.34%	1.37%	0.34%
WAB	B	0.07%	0.29%	0.07%
WBA	F	0.01%	0.01%	0.01%
WBD	C	0.04%	0.05%	0.04%
WDC	D	0.04%	0.12%	0.04%
WFC	A	0.49%	1.49%	0.49%
WMB	A	0.13%	0.3%	0.13%
WRB	A	0.04%	0.11%	0.04%
WTW	B	0.06%	0.15%	0.06%
XOM	B	1.06%	4.17%	1.06%
XYL	D	0.06%	0.14%	0.06%
ZBH	C	0.04%	0.24%	0.04%
ZBRA	B	0.04%	0.12%	0.04%

SPY Overweight 245 Positions Relative to DFLV

Symbol	Grade	Weight
NVDA	C	7.17%
AAPL	C	6.89%
MSFT	F	6.3%
AMZN	C	3.92%
META	D	2.5%
GOOGL	C	2.04%
TSLA	B	1.72%
GOOG	C	1.69%
AVGO	D	1.58%
LLY	F	1.23%
V	A	1.02%
MA	C	0.85%
COST	B	0.81%
HD	A	0.8%
PG	A	0.78%
WMT	A	0.73%
NFLX	A	0.71%
ABBV	D	0.6%
ORCL	B	0.59%
KO	D	0.48%
ADBE	C	0.47%
ACN	C	0.45%
PEP	F	0.45%
NOW	A	0.43%
MCD	D	0.43%
PM	B	0.4%
INTU	C	0.39%
ISRG	A	0.38%
IBM	C	0.38%
GE	D	0.38%
CAT	B	0.37%
TXN	C	0.37%
QCOM	F	0.36%
BKNG	A	0.33%
AMGN	D	0.32%
AXP	A	0.32%
SPGI	C	0.32%
AMAT	F	0.31%
LOW	D	0.31%
NEE	D	0.31%
UBER	D	0.3%
HON	B	0.3%
PGR	A	0.3%
UNP	C	0.28%
TJX	A	0.27%
BX	A	0.26%
SYK	C	0.26%
VRTX	F	0.25%
PANW	C	0.25%
PLTR	B	0.24%
ADP	B	0.24%
LMT	D	0.23%
MMC	B	0.22%
SBUX	A	0.22%
PLD	D	0.21%
ANET	C	0.2%
BA	F	0.2%
KKR	A	0.2%
MO	A	0.19%
SO	D	0.19%
UPS	C	0.19%
LRCX	F	0.19%
GEV	B	0.18%
SHW	A	0.18%
NKE	D	0.18%
AMT	D	0.18%
TT	A	0.18%
SNPS	B	0.17%
EQIX	A	0.17%
DUK	C	0.17%
KLAC	D	0.17%
APH	A	0.17%
MCK	B	0.16%
ZTS	D	0.16%
CRWD	B	0.16%
WM	A	0.16%
AON	A	0.16%
CMG	B	0.16%
MSI	B	0.16%
CDNS	B	0.16%
CTAS	B	0.15%
CL	D	0.15%
MCO	B	0.15%
WELL	A	0.15%
CEG	D	0.14%
ORLY	B	0.14%
TDG	D	0.14%
MMM	D	0.14%
ITW	B	0.14%
HCA	F	0.13%
AJG	B	0.13%
MAR	B	0.13%
ADSK	A	0.13%
ABNB	C	0.12%
FTNT	C	0.12%
HLT	A	0.12%
ECL	D	0.12%
AZO	C	0.11%
SPG	B	0.11%
DLR	B	0.11%
AMP	A	0.11%
RCL	A	0.11%
FICO	B	0.11%
NXPI	D	0.11%
SRE	A	0.11%
O	D	0.1%
AEP	D	0.1%
CPRT	A	0.1%
GWW	B	0.1%
PSA	D	0.1%
PEG	A	0.09%
AXON	A	0.09%
KMB	D	0.09%
CCI	D	0.09%
PCG	A	0.09%
HWM	A	0.09%
PAYX	C	0.09%
FAST	B	0.09%
D	C	0.09%
ROST	C	0.09%
VST	B	0.09%
MSCI	C	0.09%
LULU	C	0.08%
A	D	0.08%
EXC	C	0.08%
XEL	A	0.08%
YUM	B	0.08%
DELL	C	0.08%
VRSK	A	0.08%
IT	C	0.08%
TRGP	B	0.08%
ODFL	B	0.08%
COR	B	0.08%
VICI	C	0.07%
ED	D	0.07%
IRM	D	0.07%
RMD	C	0.07%
EXR	D	0.07%
IDXX	F	0.07%
MCHP	D	0.07%
SYY	B	0.07%
MPWR	F	0.06%
NVR	D	0.06%
CAH	B	0.06%
ANSS	B	0.06%
TSCO	D	0.06%
DXCM	D	0.06%
WEC	A	0.06%
ETR	B	0.06%
EIX	B	0.06%
AVB	B	0.06%
EFX	F	0.06%
ROK	B	0.06%
EXPE	B	0.05%
PTC	A	0.05%
SBAC	D	0.05%
HUBB	B	0.05%
AEE	A	0.05%
CDW	F	0.05%
NTAP	C	0.05%
PPL	B	0.05%
WST	C	0.05%
DTE	C	0.05%
EQR	B	0.05%
VLTO	D	0.05%
CPAY	A	0.05%
AWK	D	0.05%
BRO	B	0.05%
GDDY	A	0.05%
MTD	D	0.05%
TYL	B	0.05%
VTR	C	0.05%
HSY	F	0.05%
BR	A	0.05%
DECK	A	0.05%
ULTA	F	0.04%
PODD	C	0.04%
MAA	B	0.04%
FDS	B	0.04%
INVH	D	0.04%
ESS	B	0.04%
CNP	B	0.04%
DRI	B	0.04%
CMS	C	0.04%
LYV	A	0.04%
STX	D	0.04%
CLX	B	0.04%
CBOE	B	0.04%
FE	C	0.04%
K	A	0.04%
ES	D	0.04%
WAT	B	0.04%
ATO	A	0.04%
WY	D	0.04%
CPT	B	0.03%
CHRW	C	0.03%
UDR	B	0.03%
POOL	C	0.03%
ROL	B	0.03%
EVRG	A	0.03%
DOC	D	0.03%
EL	F	0.03%
LNT	A	0.03%
DPZ	C	0.03%
VRSN	F	0.03%
AVY	D	0.03%
NI	A	0.03%
GEN	B	0.03%
KIM	A	0.03%
ARE	D	0.03%
EXPD	D	0.03%
LVS	C	0.03%
MAS	D	0.03%
TER	D	0.03%
MTCH	D	0.02%
APA	D	0.02%
RL	B	0.02%
FRT	B	0.02%
ENPH	F	0.02%
MGM	D	0.02%
WYNN	D	0.02%
AOS	F	0.02%
SMCI	F	0.02%
AES	F	0.02%
MKTX	D	0.02%
ERIE	D	0.02%
PNW	B	0.02%
CTLT	B	0.02%
PAYC	B	0.02%
AIZ	A	0.02%
GNRC	B	0.02%
TECH	D	0.02%
BXP	D	0.02%
LW	C	0.02%
NCLH	B	0.02%
ALB	C	0.02%
REG	B	0.02%
DAY	B	0.02%
HST	C	0.02%
ALLE	D	0.02%
JKHY	D	0.02%
BEN	C	0.01%
PARA	C	0.01%
FMC	D	0.01%
DVA	B	0.01%

SPY Underweight 75 Positions Relative to DFLV

Symbol	Grade	Weight
DOX	D	-0.33%
OC	A	-0.31%
USFD	A	-0.2%
MRVL	B	-0.2%
SQ	B	-0.2%
FCNCA	A	-0.19%
RS	B	-0.19%
SSNC	B	-0.17%
CSL	C	-0.17%
TOL	B	-0.15%
UTHR	C	-0.15%
MKL	A	-0.12%
FLEX	A	-0.11%
THC	D	-0.1%
TRU	D	-0.1%
CRBG	B	-0.09%
CASY	A	-0.09%
UHAL	D	-0.08%
OVV	B	-0.08%
AVTR	F	-0.08%
PFGC	B	-0.08%
JLL	D	-0.07%
FNF	B	-0.07%
ACI	C	-0.07%
ZM	B	-0.06%
ENTG	D	-0.04%
WLK	D	-0.04%
ALLY	C	-0.04%
DAR	C	-0.04%
RNR	C	-0.04%
CLH	B	-0.04%
GFS	C	-0.03%
DINO	D	-0.03%
ICLR	D	-0.03%
BMRN	D	-0.03%
EWBC	A	-0.03%
RGA	A	-0.03%
FBIN	D	-0.02%
OKTA	C	-0.02%
BLD	D	-0.02%
CCK	C	-0.02%
PR	B	-0.02%
DKS	C	-0.02%
Z	A	-0.02%
ARMK	B	-0.02%
TWLO	A	-0.01%
GGG	B	-0.01%
AFG	A	-0.01%
CNH	C	-0.01%
SNX	C	-0.01%
LEA	D	-0.01%
WBS	A	-0.01%
SIRI	C	-0.01%
H	B	-0.01%
FTRE	D	-0.01%
ILMN	D	-0.01%
PAG	B	-0.01%
KNX	B	-0.01%
AR	B	-0.01%
NVT	B	-0.01%
ZG	A	-0.0%
HOOD	B	-0.0%
CNA	B	-0.0%
ST	F	-0.0%
GNTX	C	-0.0%
ARW	D	-0.0%
GXO	B	-0.0%
MTDR	B	-0.0%
CW	B	-0.0%
COTY	F	-0.0%
CG	A	-0.0%
ACM	A	-0.0%
ALV	C	-0.0%
UHAL	D	-0.0%
UNM	A	-0.0%