DFEM
Dimensional Emerging Markets Core Equity 2 ETF
DFEM 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
$ 7.7 B
ASSETS UNDER MGMT
38 bp
EXPENSES
Fund Basics
| Inception date | Apr 26, 2022 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Quarterly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| RASIYAT HOLDING CO | 10.1 % |
| TAIWAN SEMICONDUCTOR MANUFAC | 7.5 % |
| SAMSUNG ELECTRONICS CO LTD | 3.9 % |
| HYNIX SEMICONDUCTOR INC | 2.6 % |
| TENCENT HOLDINGS LTD | 2.2 % |
| ALIBABA GROUP HOLDING LTD. | 1.1 % |
| CHINA CONSTRUCTION BANK-H | 0.7 % |
| HYUNDAI MOTOR CO | 0.6 % |
| PING AN INSURANCE GROUP CO-H | 0.6 % |
| NATURAL RESOURCE PARTNERS LP | 0.5 % |
Constituent Breakdown
| Number of holdings | 6684 |
| Herfindahl-Hirschman Index | 196 |
| Wgt avg mkt cap (mns) | $165,261 |
| Large cap (>$10bn) | 51.5% |
| Mid cap ($2-10bn) | 22.5% |
| Small cap (<$2bn) | 12.9% |
| Developed mkts. | 4.2% |
| Emerging mkts. | 85.2% |
Sector Breakdown
Country Exposure
 |
CHINA | 20.2 % |
 |
TAIWAN | 20.0 % |
 |
SOUTH KOREA | 15.3 % |
 |
INDIA | 11.6 % |
 |
BRAZIL | 3.5 % |
 |
SOUTH AFRICA | 3.2 % |
 |
HONG KONG | 2.9 % |
 |
SAUDI ARABIA | 2.3 % |
 |
MEXICO | 1.4 % |
 |
UAE | 1.1 % |
Historical Performance
Standardized Performance (as of 02/28/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 14.1% | 43.8% | 23.1% | 18.1% | -- | -- | -- | 11.2% |
| Dividend Yield | 0.0% | 3.6% | 3.1% | 3.0% | -- | -- | -- | 2.8% |
| Total Returns | 14.1% | 47.4% | 26.2% | 21.0% | -- | -- | -- | 14.0% | Ann. Volatility | 15.3% | 17.0% | 15.7% | 15.0% | -- | -- | -- | 16.2% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.66 | 56% |
| MSCI EAFE | 0.85 | 67% |
| MSCI Emg Mkts | 0.93 | 98% |
Liquidity Measures
| Avg. volume (000) | 874 |
| ADV traded (mns) | $31 |
| Turnover | 0.4% |
| Avg. Bid/Ask (% of price) | 0.03% |
Technical Indicators
| 30d moving avg. (EMA) | $36.33 |
| Relative strength (RSI) | 66 |
| MACD/Signal | 0.74/0.71 |
| Bollinger Bands (Upper/Lower) | $38.30/$35.16 |
| Short interest (% of AUM) | 0.2% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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. DFEM |
Expenses vs. DFEM |
ALTAR Score™ vs. DFEM |
|---|---|---|---|---|
| DFAE | Dimensional Emerging Core Equity Market ETF | 73.5% | -3 bp | +0.2% |
| DFSE | Dimensional Emerging Markets Sustainability Core 1 ETF | 62.4% | +3 bp | -0.1% |
| DEXC | Dimensional Emerging Markets ex China Core EquityETF | 58.7% | +15 bp | -1.7% |
| IEMG | iShares Core MSCI Emerging Markets ETF | 57.5% | -29 bp | +1.5% |
| BKEM | BNY Mellon Emerging Markets Equity ETF | 54.1% | -27 bp | +1.1% |
| DBEM | Xtrackers MSCI Emerging Markets Hedged Equity ETF | 53.9% | +28 bp | +0.5% |
| GSEE | Goldman Sachs MarketBeta Emerging Markets Equity ETF | 53.3% | -2 bp | +0.9% |
| EEM | iShares MSCI Emerging Markets ETF | 52.6% | +31 bp | +1.2% |
| BBEM | JPMorgan BetaBuilders Emerging Markets Equity ETF | 52.4% | -23 bp | +1.4% |
| VWO | Vanguard FTSE Emerging Markets ETF | 52.1% | -31 bp | +2.0% |
Risk and Returns: DFEM 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 3/6/2026
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
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
8.4%
ALTAR SCORE™
57th
PERCENTILE
NEUTRAL
ETFRC RATING
There are 196 funds in the Emerging Equity category with an average
ALTAR Score™ of 8.0% and a standard deviation
of 2.4%. DFEM's ALTAR Score™ is approximately 0.2 standard
deviations above the category average. This places DFEM in the 57th percentile
among funds in the category.
Sell-Side Consensus
$42.89
PRICE TARGET
+22.6%
UPSIDE