Key stats
About Dimensional World ex U.S. Core Equity 2 ETF
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Inception date
Sep 13, 2021
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Dimensional Fund Advisors LP
Distributor
DFA Securities LLC
DFAX, previously a mutual fund, was converted into an actively managed ETF with the aim of delivering long-term capital appreciation and maximizing after tax value of a shareholder’s investment. The fund invests in a diverse group of non-US equities anywhere in the world, even in some frontier markets, with a focus on those companies with smaller capitalizations, lower relative price, and potentially higher profitability. Factors such as price to cash flow or price to earnings ratios are considered in assessing the relative price, while earnings or profits from operations relative to book value or assets are analyzed for profitability measures. Also, ratios such as recent changes in assets divided by total assets are used to review a firm’s investment characteristics. Holdings are typically market-cap weighted but may be adjusted at the manager’s discretion after considering other factors. At the time of conversion, the ETF started with roughly $4.6 billion USD in assets.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Electronic Technology
Stocks99.40%
Finance21.84%
Electronic Technology10.39%
Producer Manufacturing8.58%
Non-Energy Minerals5.98%
Health Technology5.57%
Consumer Non-Durables5.47%
Consumer Durables5.25%
Energy Minerals4.78%
Technology Services4.72%
Retail Trade4.39%
Process Industries4.01%
Utilities3.09%
Industrial Services2.95%
Communications2.70%
Transportation2.68%
Consumer Services2.29%
Commercial Services2.08%
Distribution Services2.00%
Health Services0.57%
Miscellaneous0.04%
Bonds, Cash & Other0.60%
Cash0.30%
UNIT0.15%
Temporary0.12%
Miscellaneous0.02%
Mutual fund0.01%
Rights & Warrants0.00%
Corporate0.00%
Stock breakdown by region
Asia42.59%
Europe39.02%
North America8.75%
Oceania4.43%
Middle East2.74%
Latin America1.47%
Africa1.01%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
DFAX invests in stocks. The fund's major sectors are Finance, with 21.84% stocks, and Electronic Technology, with 10.39% of the basket. The assets are mostly located in the Asia region.
DFAX top holdings are Tencent Holdings Ltd and Novartis AG Sponsored ADR, occupying 0.75% and 0.70% of the portfolio correspondingly.
DFAX last dividends amounted to 0.14 USD. The quarter before, the issuer paid 0.23 USD in dividends, which shows a 63.14% decrease.
DFAX assets under management is 8.34 B USD. It's risen 6.09% over the last month.
DFAX fund flows account for 662.06 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, DFAX pays dividends to its holders with the dividend yield of 2.74%. The last dividend (Mar 27, 2025) amounted to 0.14 USD. The dividends are paid quarterly.
DFAX shares are issued by Dimensional Holdings, Inc. under the brand Dimensional. The ETF was launched on Sep 13, 2021, and its management style is Active.
DFAX expense ratio is 0.29% meaning you'd have to pay 0.29% of your investment to help manage the fund.
DFAX follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
DFAX invests in stocks.
DFAX price has risen by 6.36% over the last month, and its yearly performance shows a 10.15% increase. See more dynamics on DFAX price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 5.63% over the last month, showed a 10.56% increase in three-month performance and has increased by 14.28% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 5.63% over the last month, showed a 10.56% increase in three-month performance and has increased by 14.28% in a year.
DFAX trades at a premium (0.22%) meaning the ETF is trading at a higher price than the calculated NAV.