DFAE

Dimensional Emerging Core Equity Market ETF

DFAE actively selects emerging markets securities of all sizes with a tilt toward small-cap companies, seeking to provide long-term capital appreciation.


Emerging Market

EQUITY

Active

MANAGEMENT STYLE

6.1 B

ASSETS UNDER MGMT

35 bp

EXPENSES
Fund Basics
Fund sponsorDimensional Holdings
CategoryEmerging
Asset classEquity
Websitelink...
Inception dateDec 02, 2020
Assets (mns)$6,108
Expense ratio35 bp
CurrencyUSD
Sector Breakdown
Fund Structure
RegulationOpen-Ended Fund
DistributionsQuarterly
Taxation1099
Stock selectionMarket Cap
WeightingMarket Cap
Holdings TransparencyFull
Derivatives-basedNo
Options availableNo
Currency hedgedNo
Fund of fundsNo
Top 10 Holdings Complete list  + 
TAIWAN SEMICONDUCTOR MANUFAC 9.1 %
CASH AND CASH EQUIVALENTS 6.2 %
TENCENT HOLDINGS LTD 3.8 %
SAMSUNG ELECTRONICS CO LTD 1.9 %
ALIBABA GROUP HOLDING LTD. 1.6 %
HYNIX SEMICONDUCTOR INC 1.2 %
CHINA CONSTRUCTION BANK-H 1.0 %
XIAOMI CORP. CLASS B 1.0 %
NATURAL RESOURCE PARTNERS LP 0.9 %
ICICI BANK LTD-SPON ADR 0.7 %
Constituent Breakdown
Number of holdings6253
Herfindahl-Hirschman Index 156
Wgt avg mkt cap (mns)$137,917
Large cap (>$10bn)60.6%
Mid cap ($2-10bn)21.4%
Small cap (<$2bn)8.5%
Developed mkts.3.6%
Emerging mkts.89.1%
Country Exposure
CHINA 23.1 %
TAIWAN 19.2 %
INDIA 16.3 %
SOUTH KOREA 10.8 %
BRAZIL 3.5 %
SAUDI ARABIA 3.3 %
SOUTH AFRICA 2.6 %
HONG KONG 2.1 %
MEXICO 1.5 %
UAE 1.3 %
Historical Performance


Standardized Performance (as of 06/30/2025)
 YTD1 YR2 YR3 YR5 YR10 YR20 YRIncep.
Price Returns 14.1% 11.9% 11.1% 7.7% -- -- -- 2.7%
Dividend Yield 0.3% 1.9% 2.3% 2.6% -- -- -- 2.1%
Total Returns 14.4% 13.8% 13.4% 10.3% -- -- -- 4.9%
Ann. Volatility 20.4% 18.8% 16.3% 16.8% -- -- -- 17.5%
Market Correlations
versus...BetaR-squared
S&P 5000.6541%
MSCI EAFE0.7254%
MSCI Emg Mkts0.9189%
Liquidity Measures
Avg. volume (000)293
ADV traded (mns)$9
Turnover0.1%
Avg. Bid/Ask (% of price)0.05%
Technical Indicators
Recent close$29.12
30d moving avg.$28.46
Annualized volatility16.3%
Relative strength (RSI)61
Short interest0.7%
Distributions
Assets Under Management (mns)

Money Flows (mns)

Short Interest (as % of shares outstanding)

Long Money Flows (mns)

Risk and Returns: vs. Comps (1 YR)

Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.

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Results & Estimates
  2020 2021 2022 2023 2024 2025 2026  
Sales per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Earnings per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Dividends per share -- -- -- -- -- -- --
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Book value per share -- -- -- -- -- -- --
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Return on Equity
Net Margins

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Valuation Metrics
  Fwd Est 2024 2025 2026
Price-to-sales --x --x --x --x
Price-to-earnings --x --x --x --x
Price-to-cash flow --x --x --x --x
Price-to-growth --x --x --x --x
Price-to-book value --x --x --x --x
Yield --% --% --x --%
Based on closing prices from 7/15/2025
Historical Valuation Trends Sample data. Subscribe for access.

SHOWING:
Price-to-Earnings



Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.

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ETF Research Center Rating

OVERWEIGHT

Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.

ALTAR Score™

DFAE

9.6%

Cat. Avg

8.1%


ALTAR Score™ Calculation

Category Overview
There are 115 funds in the Emerging Equity category, with an average ALTAR Score™ of 8.1% and a standard deviation of 2.7%. DFAE's ALTAR Score™ is approximately 0.6 standard deviations above the category average. This places DFAE in the 71st percentile among funds in the category.
Sell Side Consensus Rating

Sell-side recommendations on the ETF's individual constituents

DFAE
Peer Average
SELL
U/W
HOLD
O/W
BUY
Factor Scorecard

SIZE
VALUE
YIELD
MOMENTUM
VOLATILITY
QUALITY
Expense Analysis

Peer Group Active
Emerging Market Equity ETFs
# of ETFs 22
Avg. Expense Ratio 60.3 bp
Std. Deviation 21.7 bp
(35 bp) Percentile rank 14
Peer Group Expense Ratio Distribution


Total Cost of Ownership (TCO) Comparison
Expense (bp)
(A)
Avg. Bid/Ask (bp)
(B)
TCO (bp)
(A)+(B)
DFAE 35.0 0.0 35
Peer Avg. 53.1 23.8 77.0
  For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .