TLTD vs. DFAI ETF Comparison

Comparison of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (TLTD) to Dimensional International Core Equity Market ETF (DFAI)

TLTD

FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund

TLTD Description

The investment seeks investment results that correspond generally to the price and yield performance of the MorningstarÂ® Developed Markets ex-US Factor Tilt IndexSM. The fund generally will invest under normal circumstances at least 80% of total assets in the securities of the underlying index and in ADRs and GDRs based on the securities in the underlying index. The underlying index reflects the performance of a selection of equity securities designed to provide broad exposure to the global developed equities markets, excluding the U.S., with increased exposure to small-capitalization stocks and value stocks.

Grade (RS Rating)

Last Trade

$71.52

Average Daily Volume

17,027

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DFAI

Dimensional International Core Equity Market ETF

DFAI Description

The investment seeks to achieve long-term capital appreciation. The fund will invest in companies of all sizes, with increased exposure to smaller capitalization, lower relative price, and higher profitability companies as compared to their representation in the International Universe. As a non-fundamental policy, under normal circumstances, it will invest at least 80% of its net assets in equity securities. The Advisor may also increase or reduce the fund's exposure to an eligible company, or exclude a company, based on shorter-term considerations, such as a company's price momentum and investment characteristics.

Grade (RS Rating)

Last Trade

$30.11

Average Daily Volume

988,695

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	TLTD	DFAI
30 Days	-0.17%	-0.07%
60 Days	1.42%	0.47%
90 Days	6.72%	6.06%
12 Months	11.88%	9.33%

49 Overlapping Holdings

Symbol	Grade	Weight in TLTD	Weight in DFAI	Overlap
ABBV	D	0.22%	0.33%	0.22%
AEI	F	0.01%	0.02%	0.01%
AGCO	D	0.03%	0.05%	0.03%
BCS	A	0.14%	0.24%	0.14%
BWLP	B	0.01%	0.01%	0.01%
CCEP	A	0.04%	0.06%	0.04%
CNI	D	0.19%	0.32%	0.19%
DEO	F	0.22%	0.36%	0.22%
DNN	B	0.02%	0.0%	0.0%
DOOO	C	0.14%	0.01%	0.01%
E	B	0.13%	0.19%	0.13%
ECO	A	0.03%	0.0%	0.0%
FLNG	C	0.01%	0.0%	0.0%
FSM	A	0.02%	0.01%	0.01%
GOGL	A	0.01%	0.01%	0.01%
GOLD	B	0.09%	0.11%	0.09%
HAFN	B	0.01%	0.01%	0.01%
HMC	D	0.22%	0.13%	0.13%
HMC	D	0.22%	0.14%	0.14%
IAG	B	0.02%	0.02%	0.02%
LOGI	D	0.04%	0.06%	0.04%
LSPD	D	0.01%	0.01%	0.01%
LYG	A	0.15%	0.21%	0.15%
MFG	D	0.19%	0.19%	0.19%
MUFG	D	0.35%	0.5%	0.35%
NMR	D	0.07%	0.07%	0.07%
NMR	D	0.07%	0.02%	0.02%
NVS	B	0.57%	0.72%	0.57%
NVS	B	0.57%	0.33%	0.33%
ORLA	B	0.01%	0.01%	0.01%
OTEX	F	0.04%	0.04%	0.04%
PIXY	F	0.01%	0.01%	0.01%
PRMW	A	0.03%	0.0%	0.0%
QGEN	C	0.03%	0.04%	0.03%
RBA	D	0.04%	0.04%	0.04%
RENB	F	0.0%	0.0%	0.0%
SHOP	C	0.23%	0.21%	0.21%
SMFG	C	0.3%	0.18%	0.18%
SMFG	C	0.3%	0.13%	0.13%
SONY	F	0.3%	0.58%	0.3%
STLA	D	0.18%	0.27%	0.18%
TAC	C	0.02%	0.01%	0.01%
TD	F	0.44%	0.47%	0.44%
TIGO	A	0.01%	0.02%	0.01%
TM	D	1.11%	1.23%	1.11%
TRMD	B	0.09%	0.01%	0.01%
UL	A	0.38%	0.6%	0.38%
WCN	D	0.12%	0.16%	0.12%
WFG	D	0.02%	0.02%	0.02%

TLTD Overweight 4 Positions Relative to DFAI

Symbol	Grade	Weight
BBUC	D	0.03%
SMMF	B	0.03%
ELBM	F	0.01%
GCBC	B	0.0%

TLTD Underweight 33 Positions Relative to DFAI

Symbol	Grade	Weight
ASML	D	-1.22%
BHP	D	-0.39%
BBVA	B	-0.23%
SAN	A	-0.16%
NVO	C	-0.12%
FLUT	C	-0.11%
STM	F	-0.1%
PHG	B	-0.08%
MT	D	-0.06%
XRX	F	-0.05%
NOK	B	-0.04%
ARGX	D	-0.03%
TEF	A	-0.02%
TEVA	B	-0.02%
TCI	F	-0.01%
NICE	D	-0.01%
TS	D	-0.01%
GMAB	F	-0.01%
WDS	F	-0.01%
MGIC	B	-0.0%
AUDC	F	-0.0%
IAUX	F	-0.0%
CACC	D	-0.0%
UBCP	D	-0.0%
AUID	C	-0.0%
PTMN	A	-0.0%
TLRY	C	-0.0%
SAP	D	-0.0%
VGR	D	-0.0%
VMAR	D	-0.0%
CHGX	D	-0.0%
MNTX	C	-0.0%
PDS	B	-0.0%