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Trending ETFs

Name

As of 07/12/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$27.36

$5.47 B

5.33%

$1.46

0.24%

Vitals

YTD Return

8.8%

1 yr return

13.1%

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$5.47 B

Holdings in Top 10

11.8%

52 WEEK LOW AND HIGH

$27.1
$22.18
$27.44

Expenses

OPERATING FEES

Expense Ratio 0.24%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund


Name

As of 07/12/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$27.36

$5.47 B

5.33%

$1.46

0.24%

DFIC - Profile

Distributions

  • YTD Total Return 8.8%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 5.3%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Dimensional International Core Equity 2 ETF
  • Fund Family Name
    Dimensional Funds
  • Inception Date
    Mar 24, 2022
  • Shares Outstanding
    N/A
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Jed Fogdall

Fund Description

To achieve the International Core Equity 2 ETF’s investment objective, the Advisor implements an integrated investment approach that combines research, portfolio design, portfolio management, and trading functions. As

further described below, the Portfolio’s design emphasizes long-term drivers of expected returns identified by the Advisor’s research, while balancing risk through broad diversification across companies, sectors, and countries. The Advisor’s portfolio management and trading processes further balance those long-term drivers of expected returns with shorter-term drivers of expected returns and trading costs.

The Portfolio is designed to purchase a broad and diverse group of equity securities of non-U.S. companies in developed markets. The Portfolio invests 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. For purposes of this Portfolio, the Advisor defines the International Universe as a market capitalization weighted set (e.g., the larger the company, the greater the proportion of the International Universe it represents) of non-U.S. companies in developed markets that have been authorized as approved markets for investment by the Advisor’s Investment Committee. The Portfolio’s increased exposure to smaller capitalization, lower relative price, and higher profitability companies may be achieved by decreasing the allocation of the Portfolio’s assets to larger capitalization, higher relative price, or lower profitability companies relative to their weight in the International Universe. An equity issuer is considered to have a high relative price (i.e., a growth stock) primarily because it has a high price in relation to its book value. An equity issuer is considered to have a low relative price (i.e., a value stock) primarily because it has a low price in relation to its book value. In assessing relative price, the Advisor may consider additional factors such as price to cash flow or price to earnings ratios. An equity issuer is considered to have high profitability because it has high earnings or profits from operations in relation to its book value or assets. The criteria the Advisor uses for assessing relative price and profitability are subject to change from time to time.

The Portfolio intends to purchase securities of companies associated with developed market countries that the Advisor has designated as approved markets. As a non-fundamental policy, under normal circumstances, the Portfolio will invest at least 80% of its net assets in equity securities. The Advisor determines company size on a country or region-specific basis and based primarily on market capitalization. The percentage allocation of the assets of the Portfolio to securities of the largest high relative price companies will generally be reduced from between 5% and 35% of their percentage weight in the International Universe. For example, as of December 31, 2023, securities of the largest high relative price companies in the International Universe comprised approximately 16% of the International Universe and the Advisor allocated approximately 8% of the Portfolio to securities of the largest high relative price companies in the International Universe. The percentage by which the Portfolio’s allocation to securities of the largest high relative price companies is reduced will change due to market movements and other factors.

The Advisor may also increase or reduce the Portfolio’s exposure to an eligible company, or exclude a company, based on shorter-term considerations, such as a company’s price momentum, short-run reversals, and investment characteristics. In assessing a company’s investment characteristics, the Advisor considers ratios such as recent changes in assets divided by total assets. The criteria the Advisor uses for assessing a company’s investment characteristics are subject to change from time to time. In addition, the Advisor seeks to reduce trading costs using a flexible trading approach that looks for opportunities to participate in the available market liquidity, while managing turnover and explicit transaction costs.

The Portfolio may gain exposure to companies associated with approved markets by purchasing equity securities in the form of depositary receipts, which may be listed or traded outside the issuer’s domicile country, or by entering into equity swap agreements. The Portfolio also may purchase or sell futures contracts and options on futures contracts for foreign or U.S. equity securities and indices to increase or decrease equity market exposure based on actual or expected cash inflows to or outflows from the Portfolio. Because many of the Portfolio’s investments may be denominated in foreign currencies, the Portfolio may enter into foreign currency exchange transactions, including foreign currency forward contracts, in connection with the settlement of a foreign securities or to transfer cash balances from one currency to another currency.

The Portfolio may lend its portfolio securities to generate additional income.

The Portfolio is an actively managed exchange-traded fund and does not seek to replicate the performance of a specific index and may have a higher degree of portfolio turnover than such index funds.

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DFIC - Performance

Return Ranking - Trailing

Period DFIC Return Category Return Low Category Return High Rank in Category (%)
YTD 8.8% -28.5% 12.2% N/A
1 Yr 13.1% -31.2% 121.5% N/A
3 Yr N/A* -52.6% 123.6% N/A
5 Yr N/A* -11.3% 58.0% N/A
10 Yr N/A* -5.9% 10.0% N/A

* Annualized

Return Ranking - Calendar

Period DFIC Return Category Return Low Category Return High Rank in Category (%)
2023 14.2% -45.5% 71.3% N/A
2022 N/A -15.4% 11.9% N/A
2021 N/A -10.4% 121.9% N/A
2020 N/A -33.7% 8.5% N/A
2019 N/A -13.0% 27.5% N/A

Total Return Ranking - Trailing

Period DFIC Return Category Return Low Category Return High Rank in Category (%)
YTD 8.8% -28.5% 12.2% N/A
1 Yr 13.1% -31.2% 121.5% N/A
3 Yr N/A* -52.6% 123.6% N/A
5 Yr N/A* -11.3% 58.0% N/A
10 Yr N/A* -3.1% 10.0% N/A

* Annualized

Total Return Ranking - Calendar

Period DFIC Return Category Return Low Category Return High Rank in Category (%)
2023 17.3% -45.5% 71.3% N/A
2022 N/A -15.4% 11.9% N/A
2021 N/A -10.4% 121.9% N/A
2020 N/A -18.0% 8.5% N/A
2019 N/A -13.0% 29.4% N/A

DFIC - Holdings

Concentration Analysis

DFIC Category Low Category High DFIC % Rank
Net Assets 5.47 B 1.02 M 369 B 62.91%
Number of Holdings 4212 1 10801 3.70%
Net Assets in Top 10 688 M 0 34.5 B 84.15%
Weighting of Top 10 11.76% 1.6% 100.0% 98.24%

Top 10 Holdings

  1. The DFA Short Term Investment Fund 4.03%
  2. SHELL PLC 1.39%
  3. TOTALENERGIES SE 1.10%
  4. TOYOTA MOTOR CORP 0.97%
  5. ASML HOLDING NV 0.90%
  6. BP PLC 0.76%
  7. NOVO NORDISK A S DKK0 1 B 0.73%
  8. NESTLE SA 0.68%
  9. LVMH MOET HENNESSY LOUIS VUITTON SE 0.68%
  10. ASTRAZENECA PLC 0.51%

Asset Allocation

Weighting Return Low Return High DFIC % Rank
Stocks
90.55% 0.00% 122.60% 6.46%
Cash
4.03% -65.15% 100.00% 90.62%
Other
0.00% -16.47% 17.36% 69.22%
Preferred Stocks
0.00% 0.00% 1.87% 56.41%
Convertible Bonds
0.00% 0.00% 4.18% 52.31%
Bonds
0.00% -10.79% 71.30% 56.07%

Stock Sector Breakdown

Weighting Return Low Return High DFIC % Rank
Utilities
0.00% 0.00% 13.68% 28.40%
Technology
0.00% 0.00% 36.32% 84.39%
Real Estate
0.00% 0.00% 14.59% 44.82%
Industrials
0.00% 5.17% 99.49% 16.29%
Healthcare
0.00% 0.00% 21.35% 86.41%
Financial Services
0.00% 0.00% 47.75% 71.87%
Energy
0.00% 0.00% 16.89% 14.13%
Communication Services
0.00% 0.00% 21.69% 62.31%
Consumer Defense
0.00% 0.00% 32.29% 86.68%
Consumer Cyclical
0.00% 0.00% 36.36% 16.42%
Basic Materials
0.00% 0.00% 23.86% 6.46%

Stock Geographic Breakdown

Weighting Return Low Return High DFIC % Rank
Non US
83.92% 0.00% 125.24% 9.38%
US
6.63% -7.78% 68.98% 77.01%

DFIC - Expenses

Operational Fees

DFIC Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.24% 0.01% 3.96% 90.98%
Management Fee 0.20% 0.00% 1.60% 11.97%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 1.00% N/A

Sales Fees

DFIC Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

DFIC Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

DFIC Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 247.00% N/A

DFIC - Distributions

Dividend Yield Analysis

DFIC Category Low Category High DFIC % Rank
Dividend Yield 5.33% 0.00% 13.65% 80.52%

Dividend Distribution Analysis

DFIC Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Quarterly Annually

Net Income Ratio Analysis

DFIC Category Low Category High DFIC % Rank
Net Income Ratio N/A -0.93% 6.38% N/A

Capital Gain Distribution Analysis

DFIC Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

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DFIC - Fund Manager Analysis

Managers

Jed Fogdall


Start Date

Tenure

Tenure Rank

Mar 23, 2022

0.19

0.2%

Jed S. Fogdall is a Co-Head of Portfolio Management and Vice President of Dimensional and a member of Dimensional’s Investment Committee. Mr. Fogdall has an MBA from the University of California, Los Angeles and a BS from Purdue University. Mr. Fogdall joined Dimensional as a Portfolio Manager in 2004 and has been responsible for international portfolios since 2010 and domestic portfolios since 2012.

Mary Phillips


Start Date

Tenure

Tenure Rank

Mar 23, 2022

0.19

0.2%

Mary T. Phillips, CFA, Deputy Head of Portfolio Management, North America, Senior Portfolio Manager and Vice President of Dimensional, joined Dimensional in 2012 and has been a portfolio manager since 2014. Ms. Phillips began managing Dimensional’s allocated portion of the Fund’s portfolio in March 2018. Ms. Phillips earned an MBA with concentration in analytic finance, statistics and econometrics, and managerial and organizational behavior from the University of Chicago and a BA from the University of Puget Sound.

Joseph Hohn


Start Date

Tenure

Tenure Rank

Mar 23, 2022

0.19

0.2%

Mr. Hohn is a Portfolio Manager and Vice President of Dimensional Fund Advisors. Mr. Hohn holds an MBA from the University of California, Los Angeles, an MS from the University of Southern California and a BS from Iowa State University. Mr. Hohn joined the Advisor in 2012, has been a portfolio manager since 2015, and has been responsible for the US Large Company Portfolio since 2017.

William Collins-Dean


Start Date

Tenure

Tenure Rank

Mar 23, 2022

0.19

0.2%

Will Collins-Dean is a Portfolio Manager and Vice President of the Sub-Adviser. Mr. Collins-Dean received his MBA from the University of Chicago and is bachelor’s degree from Wake Forest University. Mr. Collins-Dean joined the Sub-Adviser in 2014 and has been a portfolio manager since 2016.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 30.35 6.13 2.92