DFAX
Dimensional World ex U.S. Core Equity 2 ETF
DFAX actively invests in non-US companies around the globe, with a focus on small- cap stocks.
Global
EQUITY
Active
MANAGEMENT STYLE
$ 12.0 B
ASSETS UNDER MGMT
30 bp
EXPENSES
Fund Basics
| Inception date | Sep 13, 2021 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Quarterly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| KCE ELECTRONICS PCL | 7.1 % |
| GOLDMAN SACHS GROUP INC | 1.8 % |
| TAIWAN SEMICONDUCTOR MANUFAC | 1.5 % |
| SAMSUNG ELECTRONICS CO LTD | 1.3 % |
| TAIWAN SEMICONDUCTOR-SP ADR | 1.0 % |
| NOVARTIS AG-ADR | 0.6 % |
| TOTAL SA | 0.6 % |
| ASML HOLDING NV-NY REG SHS | 0.6 % |
| FUJIKURA LTD | 0.5 % |
| TENCENT HOLDINGS LTD | 0.5 % |
Constituent Breakdown
| Number of holdings | 10666 |
| Herfindahl-Hirschman Index | 67 |
| Wgt avg mkt cap (mns) | $88,390 |
| Large cap (>$10bn) | 57.7% |
| Mid cap ($2-10bn) | 24.7% |
| Small cap (<$2bn) | 9.3% |
| Developed mkts. | 63.5% |
| Emerging mkts. | 29.3% |
Sector Breakdown
Country Exposure
 |
JAPAN | 14.5 % |
 |
TAIWAN | 8.2 % |
 |
CANADA | 8.1 % |
 |
CHINA | 6.2 % |
 |
SOUTH KOREA | 5.4 % |
 |
BRITAIN | 5.3 % |
 |
GERMANY | 4.7 % |
 |
SWITZERLAND | 4.2 % |
 |
FRANCE | 4.2 % |
 |
AUSTRALIA | 3.6 % |
Historical Performance
Standardized Performance (as of 04/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 11.9% | 36.1% | 21.1% | 16.0% | -- | -- | -- | 6.6% |
| Dividend Yield | 0.2% | 3.8% | 3.5% | 3.5% | -- | -- | -- | 3.2% |
| Total Returns | 12.1% | 39.9% | 24.7% | 19.5% | -- | -- | -- | 9.9% | Ann. Volatility | 19.9% | 14.2% | 15.5% | 14.5% | -- | -- | -- | 16.0% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.85 | 55% |
| MSCI EAFE | 0.94 | 92% |
| MSCI Emg Mkts | 0.70 | 83% |
Liquidity Measures
| Avg. volume (000) | 680 |
| ADV traded (mns) | $25 |
| Turnover | 0.2% |
| Avg. Bid/Ask (% of price) | 0.03% |
Technical Indicators
| 30d moving avg. (EMA) | $36.43 |
| Relative strength (RSI) | 54 |
| MACD/Signal | 0.47/0.51 |
| Bollinger Bands (Upper/Lower) | $37.91/$35.57 |
| Short interest (% of AUM) | 0.3% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. DFAX |
Expenses vs. DFAX |
ALTAR Score™ vs. DFAX |
|---|---|---|---|---|
| DFIC | Dimensional International Core Equity 2 ETF | 57.4% | -7 bp | -0.1% |
| VXUS | Vanguard Total International Stock ETF | 52.6% | -25 bp | +0.3% |
| IXUS | iShares Core MSCI Total International Stock ETF | 52.5% | -23 bp | +0.2% |
| DFAI | Dimensional International Core Equity Market ETF | 52.0% | -12 bp | -0.3% |
| VEU | Vanguard FTSE All-World ex-US Index Fund | 49.1% | -26 bp | +0.4% |
| DXIV | Dimensional International Vector Equity ETF | 49.1% | +4 bp | +0.1% |
| ACWX | iShares MSCI ACWI ex U.S. ETF | 45.2% | +4 bp | +0.1% |
| GXUS | Goldman Sachs MarketBeta Total International Equity ETF | 45.1% | -12 bp | +0.0% |
| DBAW | Xtrackers MSCI All World ex US Hedged Equity ETF | 45.0% | +11 bp | -0.3% |
| VSGX | Vanguard ESG International Stock ETF | 44.6% | -20 bp | +0.3% |
Risk and Returns: DFAX 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 (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| 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 5/22/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
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
6.8%
ALTAR SCORE™
83rd
PERCENTILE
SPECULATIVE
ETFRC RATING
There are 713 funds in the Global Equity category with an average
ALTAR Score™ of 4.4% and a standard deviation
of 2.6%. DFAX's ALTAR Score™ is approximately 1.0 standard
deviations above the category average. This places DFAX in the 83rd percentile
among funds in the category.
Sell-Side Consensus
$40.1
PRICE TARGET
+8.2%
UPSIDE