Summary
DFIC: There's A Better Alternative In DFAX
DFIC offers attractive characteristics such as a reasonable expense ratio, dividend yield, and liquidity. However, DFAX shows more resilience, with better diversification, exposure to emerging markets, and outperformance over DFIC in shorter time frames. The current economic climate favors DFAX as a hedge against high-growth portfolios, with potential for EM companies to rerate against the S&P 500.
DFIC: Over-Diversification And Lack Of Alignment In International Equities
DFIC ETF initiated with a Sell rating due to overly diversified approach. PM team's multiple responsibilities and lack of personal investment in fund raise concerns. DFIC's portfolio of 4,000 holdings limits potential for meaningful outperformance, resembling closet indexing approach.
Dimensional International Core Equity Market ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 12,257 | $352,845.45 | $461,782.47 | $108,937.02 | 30.87% |
| TMB Timothy M. Bidwell Hazlett, BURT & WATSON Inc. | 373 | $12,853.58 | $14,052.77 | $1,199.19 | 9.33% |
| CE Curtis Ellergodt Rothschild Investment LLC | 544 | $18,746 | $20,495.2 | $1,749.2 | 9.33% |
| CN Chris Nelson MJP ASSOCIATES Inc. /ADV | 949,470 | $33.73M | $35.77M | $2.04M | 6.04% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 72,991 | $2.57M | $2.74M | $171,357.98 | 6.66% |
Dimensional International Core Equity Market ETF (DFIC) FAQ
What is the stock price today?
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Does it pay dividends? What is the current yield?
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Has Dimensional International Core Equity Market ETF ever had a stock split?
Dimensional International Core Equity Market ETF Profile
| BATS Exchange | US Country |
Overview
The Portfolio represents an investment strategy focused on capturing a wide array of equity opportunities beyond the United States within developed markets. It aims to diversify investor holdings through an inclusive approach that does not limit itself to companies of any specific size, thereby incorporating large, mid, and small-cap stocks into its selection. By prioritizing entities characterized by smaller capitalization, lower relative pricing, and higher profitability, the Portfolio seeks to optimize its performance and potential returns for investors, distinguishing itself from a standard representation of the International Universe.
Products and Services
- Equity Securities of Non-U.S. Companies
The Portfolio's primary focus is on purchasing equity securities from a broad and diverse range of non-U.S. companies situated in developed markets. This includes stocks, shares of publicly traded companies, and other forms of equity interests, representing ownership in corporations from various industries and sectors, aimed at providing investors with exposure to international market dynamics and growth opportunities.
- Exposure to Smaller Capitalization Companies
In contrast to typical investment strategies that may concentrate on large-cap entities, this Portfolio places a significant emphasis on smaller capitalization companies. The aim is to capitalize on the potential for higher growth rates and returns that these entities can offer, which are often undervalued or overlooked by the broader market and investment community.
- Investment in Lower Relative Price Companies
The strategy includes investing in companies with lower relative prices. This involves selecting companies that, based on various financial metrics, are priced lower relative to their peers or the broader market. Such an approach is predicated on the value investing principle that purchasing undervalued companies can lead to superior long-term returns once these companies revert to their intrinsic or fair market values.
- Focus on Higher Profitability Companies
Lastly, the Portfolio shows a preference for companies exhibiting higher profitability. This involves choosing companies with superior profit margins, return on equity, or other indicators of financial health and operational efficiency. The rationale behind this selection criterion is that companies which are able to generate greater profits relative to their competitors are likely to offer more stable and attractive long-term investment returns.
