VWO vs. DFAX ETF Comparison

Comparison of Vanguard FTSE Emerging Markets ETF (VWO) to Dimensional World ex U.S. Core Equity 2 ETF (DFAX)

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

$45.40

Average Daily Volume

8,187,984

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DFAX

Dimensional World ex U.S. Core Equity 2 ETF

DFAX Description

Dimensional ETF Trust - Dimensional World ex U.S. Core Equity 2 ETF is an exchange traded fund launched and managed by Dimensional Fund Advisors L.P. The fund is co-managed by Dimensional Fund Advisors Ltd. and DFA Australia Limited. It invests in public equity markets of global ex-US region. The fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies across diversified market capitalization. It seeks to benchmark the performance of its portfolio against the MSCI All Country World ex USA Index (net dividends). Dimensional ETF Trust - Dimensional World ex U.S. Core Equity 2 ETF was formed on March 6, 2008 and is domiciled in United States.

Grade (RS Rating)

Last Trade

$25.40

Average Daily Volume

493,595

Number of Holdings ^*

178

* may have additional holdings in another (foreign) market

Performance

Period	VWO	DFAX
30 Days	-4.28%	-3.20%
60 Days	0.24%	-3.57%
90 Days	1.03%	-3.85%
12 Months	15.49%	12.49%

63 Overlapping Holdings

Symbol	Grade	Weight in VWO	Weight in DFAX	Overlap
ABEV	F	0.11%	0.0%	0.0%
ASAI	F	0.07%	0.0%	0.0%
ASAI	F	0.07%	0.01%	0.01%
ASAI	F	0.0%	0.01%	0.0%
ASAI	F	0.0%	0.0%	0.0%
BABA	D	2.32%	0.39%	0.39%
BBD	D	0.01%	0.01%	0.01%
BCH	C	0.06%	0.0%	0.0%
BCH	C	0.06%	0.01%	0.01%
BGNE	D	0.14%	0.0%	0.0%
BGNE	D	0.14%	0.0%	0.0%
BIDU	F	0.28%	0.04%	0.04%
BIDU	F	0.28%	0.04%	0.04%
BILI	D	0.07%	0.03%	0.03%
BRFS	C	0.03%	0.01%	0.01%
CAR	C	0.02%	0.02%	0.02%
CHT	C	0.12%	0.01%	0.01%
CHT	C	0.12%	0.0%	0.0%
CHT	C	0.04%	0.0%	0.0%
CHT	C	0.04%	0.01%	0.01%
CSAN	F	0.03%	0.0%	0.0%
CSAN	F	0.03%	0.01%	0.01%
ERJ	A	0.01%	0.06%	0.01%
ERJ	A	0.01%	0.05%	0.01%
ERJ	A	0.06%	0.06%	0.06%
ERJ	A	0.06%	0.05%	0.05%
GDS	C	0.02%	0.02%	0.02%
GGB	C	0.04%	0.02%	0.02%
GGB	C	0.0%	0.01%	0.0%
GGB	C	0.0%	0.02%	0.0%
GGB	C	0.04%	0.01%	0.01%
HDB	C	1.29%	0.02%	0.02%
HDB	C	1.29%	0.1%	0.1%
IBN	C	0.66%	0.16%	0.16%
IBN	C	0.66%	0.03%	0.03%
IMOS	F	0.01%	0.0%	0.0%
IQ	F	0.01%	0.01%	0.01%
JKS	F	0.01%	0.01%	0.01%
LI	F	0.15%	0.01%	0.01%
NIO	F	0.07%	0.02%	0.02%
PDD	F	0.95%	0.09%	0.09%
RDY	F	0.03%	0.05%	0.03%
SBS	B	0.02%	0.01%	0.01%
SBSW	D	0.04%	0.0%	0.0%
SBSW	D	0.04%	0.02%	0.02%
SGRP	D	0.02%	0.01%	0.01%
SID	F	0.0%	0.0%	0.0%
SQM	D	0.0%	0.01%	0.0%
TCOM	B	0.4%	0.04%	0.04%
TCOM	B	0.4%	0.09%	0.09%
TME	D	0.09%	0.03%	0.03%
UMC	F	0.04%	0.06%	0.04%
UMC	F	0.14%	0.06%	0.06%
VALE	F	0.46%	0.09%	0.09%
VALE	F	0.46%	0.03%	0.03%
VIPS	F	0.05%	0.05%	0.05%
VNET	B	0.0%	0.0%	0.0%
WIT	B	0.02%	0.01%	0.01%
WIT	B	0.02%	0.0%	0.0%
WIT	B	0.08%	0.01%	0.01%
WIT	B	0.08%	0.0%	0.0%
XPEV	C	0.08%	0.03%	0.03%
YUMC	C	0.19%	0.12%	0.12%

VWO Overweight 37 Positions Relative to DFAX

Symbol	Grade	Weight
BEKE	D	0.15%
YMM	C	0.07%
ITUB	F	0.06%
BZ	F	0.05%
TAL	F	0.05%
QFIN	A	0.04%
CIB	B	0.03%
ATAT	C	0.02%
ATHM	C	0.02%
EC	D	0.01%
DDL	C	0.01%
CIG	C	0.01%
WB	D	0.01%
EH	D	0.01%
CSIQ	F	0.01%
BSAC	C	0.01%
FINV	B	0.01%
ELP	F	0.01%
YY	B	0.01%
DQ	F	0.01%
MOMO	D	0.01%
AKO.A	F	0.01%
BSBR	F	0.01%
RLX	C	0.01%
ENIC	B	0.0%
BAOS	F	0.0%
JEWL	D	0.0%
HUYA	F	0.0%
BAK	F	0.0%
DADA	F	0.0%
EBR	F	0.0%
ATHM	C	0.0%
DAO	B	0.0%
CAN	C	0.0%
AZUL	F	0.0%
SOHU	F	0.0%
GOTU	F	0.0%

VWO Underweight 126 Positions Relative to DFAX

Symbol	Grade	Weight
TSM	B	-0.8%
TM	F	-0.61%
NVS	F	-0.6%
ASML	F	-0.38%
BP	D	-0.26%
SONY	B	-0.24%
MUFG	B	-0.23%
ABBV	F	-0.23%
AZN	F	-0.21%
HSBC	A	-0.2%
UL	D	-0.2%
TD	D	-0.18%
BHP	F	-0.17%
STLA	F	-0.15%
KB	B	-0.12%
BBVA	D	-0.12%
E	F	-0.12%
SMFG	B	-0.11%
RIO	D	-0.11%
GSK	F	-0.11%
CNI	F	-0.1%
LYG	D	-0.1%
BCS	A	-0.09%
FLUT	A	-0.09%
HSBH	B	-0.09%
LOGI	D	-0.08%
NVO	F	-0.08%
RELX	D	-0.08%
MFG	A	-0.07%
NMR	B	-0.07%
INFY	C	-0.06%
HMY	D	-0.06%
GFI	D	-0.06%
STM	F	-0.06%
SHG	C	-0.05%
DEO	F	-0.05%
NTES	D	-0.05%
HMC	F	-0.05%
PHG	C	-0.05%
GOLD	C	-0.04%
MUFG	B	-0.04%
WCN	A	-0.04%
RBA	A	-0.04%
TEVA	C	-0.04%
CCEP	C	-0.04%
WFG	C	-0.04%
PAC	B	-0.03%
AEI	D	-0.03%
UL	D	-0.03%
AGCO	D	-0.03%
OTEX	F	-0.03%
TM	F	-0.03%
WPP	C	-0.03%
NGG	D	-0.03%
MT	B	-0.03%
HMC	F	-0.03%
ZTO	F	-0.02%
LPL	D	-0.02%
ASR	D	-0.02%
BTI	B	-0.02%
SHOP	B	-0.02%
TAC	A	-0.02%
DEO	F	-0.02%
PKX	D	-0.02%
VIST	B	-0.02%
QGEN	D	-0.02%
NMR	B	-0.02%
PSO	B	-0.02%
ING	F	-0.02%
LSPD	C	-0.02%
HLN	C	-0.02%
BCS	A	-0.02%
SAN	D	-0.02%
XRX	F	-0.02%
TS	B	-0.02%
IHG	A	-0.02%
MNTX	B	-0.01%
TLRY	F	-0.01%
LPL	D	-0.01%
ELBM	D	-0.01%
BUD	F	-0.01%
TEF	C	-0.01%
EQNR	C	-0.01%
DOOO	F	-0.01%
ASTL	B	-0.01%
ORLA	C	-0.01%
TTE	F	-0.01%
SKM	C	-0.01%
PRMW	C	-0.01%
PDS	C	-0.01%
SHG	C	-0.01%
PIXY	F	-0.01%
TRMD	F	-0.01%
KB	B	-0.01%
MBAVU	C	-0.01%
ASX	D	-0.01%
BAP	A	-0.01%
TCI	D	-0.01%
HTHT	D	-0.01%
GOGL	F	-0.01%
NVS	F	-0.01%
FRO	D	-0.01%
NWG	A	-0.01%
WDS	D	-0.01%
CLF	F	-0.0%
SAP	B	-0.0%
AUDC	D	-0.0%
RENB	F	-0.0%
BLCO	B	-0.0%
FMX	F	-0.0%
SNN	D	-0.0%
JHX	D	-0.0%
ARGX	B	-0.0%
UGP	F	-0.0%
LYG	D	-0.0%
NICE	D	-0.0%
CCU	D	-0.0%
SNY	F	-0.0%
ECO	F	-0.0%
TLK	D	-0.0%
CHGX	A	-0.0%
FLNG	C	-0.0%
MGIC	D	-0.0%
KOF	F	-0.0%
SMFG	B	-0.0%
KEP	B	-0.0%