DFEV
Dimensional Emerging Markets Value ETF
DFEV actively selects emerging markets securities of all sizes exhibiting value characteristics, seeking to provide long-term capital appreciation.
Emerging Market
EQUITY
Active
MANAGEMENT STYLE
796.7 M
ASSETS UNDER MGMT
43 bp
EXPENSES
Fund Basics
| Fund sponsor | Dimensional Holdings |
| Category | Emerging |
| Asset class | Equity |
| Website | link... |
| Inception date | Apr 26, 2022 |
| Assets (mns) | $797 |
| Expense ratio | 43 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Quarterly |
| Taxation | 1099 |
| Stock selection | Proprietary |
| Weighting | Proprietary |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| RELIANCE INDUSTRIES LTD | 6.5 % |
| CASH AND CASH EQUIVALENTS | 5.7 % |
| CHINA CONSTRUCTION BANK-H | 2.5 % |
| HON HAI PRECISION INDUSTRY | 2.4 % |
| ALIBABA GROUP HOLDING LTD. | 1.6 % |
| HYNIX SEMICONDUCTOR INC | 1.5 % |
| AXIS BANK LIMITED | 1.5 % |
| PING AN INSURANCE GROUP CO-H | 1.1 % |
| BANK OF CHINA LTD - H | 1.1 % |
| NATIONAL COMMERCIAL BANK CJSC | 1.0 % |
Constituent Breakdown
| Number of holdings | 2935 |
| Herfindahl-Hirschman Index | 114 |
| Wgt avg mkt cap (mns) | $45,377 |
| Large cap (>$10bn) | 55.6% |
| Mid cap ($2-10bn) | 29.3% |
| Small cap (<$2bn) | 14.2% |
| Developed mkts. | 5.2% |
| Emerging mkts. | 94.8% |
Country Exposure
 |
CHINA | 21.3 % |
 |
INDIA | 21.1 % |
 |
TAIWAN | 18.1 % |
 |
SOUTH KOREA | 9.5 % |
 |
BRAZIL | 3.7 % |
 |
SAUDI ARABIA | 3.4 % |
 |
HONG KONG | 2.7 % |
 |
SOUTH AFRICA | 2.5 % |
 |
MEXICO | 1.6 % |
 |
INDONESIA | 1.5 % |
Historical Performance
Standardized Performance (as of 10/31/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 11.3% | 24.6% | 21.0% | -- | -- | -- | 8.8% | Volatility | 14.7% | 14.5% | 14.5% | -- | -- | -- | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.70 | 53% |
| MSCI EAFE | 0.77 | 71% |
| MSCI Emg Mkts | 0.86 | 94% |
Liquidity Measures
| Avg. volume (000) | 101 |
| Turnover | 0.3% |
| Avg. Bid/Ask (% of price) | 0.13% |
| ADV of underlying (mns) | $62,376 |
Technical Indicators
| Recent close | $26.88 |
| 30d moving avg. | $28.13 |
| Annualized volatility | 16.6% |
| Relative strength (RSI) | 49 |
| Short interest (ETF) | 1.4% |
| Short interest (underlying) | 0.0% |
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. DFEV |
Expenses vs. DFEV |
ALTAR Score™ vs. DFEV |
|---|---|---|---|---|
| DFEM | Dimensional Emerging Markets Core Equity 2 ETF | 42.4% | -5 bp | -3.3% |
| DFAE | Dimensional Emerging Core Equity Market ETF | 39.5% | -8 bp | -3.8% |
| EVLU | iShares MSCI Emerging Markets Value Factor ETF | 36.1% | -8 bp | +1.4% |
| FNDE | Schwab Fundamental Emerging Markets Large Co. Index ETF | 35.8% | -4 bp | +1.5% |
| JHEM | John Hancock Multifactor Emerging Markets ETF | 35.4% | +6 bp | -2.9% |
| PXH | Invesco FTSE RAFI Emerging Markets ETF | 34.9% | +6 bp | +1.2% |
| AVEM | Avantis Emerging Markets Equity ETF | 33.6% | -10 bp | -2.2% |
| DFSE | Dimensional Emerging Markets Sustainability Core 1 ETF | 33.6% | -2 bp | -3.7% |
| IEMG | iShares Core MSCI Emerging Markets ETF | 33.0% | -34 bp | -3.6% |
| EEM | iShares MSCI Emerging Markets ETF | 31.8% | +26 bp | -4.2% |
Risk and Returns: DFEV 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.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
| 2023 | 2024E | Fwd Est | 2025E | |
| 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 11/22/2024
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
DFEV
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
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™
DFEV
11.1%
Cat. Avg
7.7%
ALTAR Score™ Calculation
Category Overview
There are 165 funds in the Emerging Equity category, with an average ALTAR Score™
of 7.7% and a standard deviation of
4.1%. DFEV's ALTAR Score™ is approximately
0.8 standard deviations
above
the category average. This places DFEV in the 79th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
DFEVSELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Active Emerging Market Equity ETFs |
| # of ETFs | 22 |
| Avg. Expense Ratio | 60.3 bp |
| Std. Deviation | 21.7 bp |
| DFEV (43 bp) Percentile rank | 21 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| DFEV | 43.0 | 12.8 | 55.8 |
| Peer Avg. | 41.8 | 27.4 | 69.3 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .