DFEM — Dimensional Emerging Markets Core Equity 2 ETF

DFEM Price Performance — Growth of $10,000

Value of a $10,000 investment in DFEM over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

DFEM Drawdown

The "underwater" chart: DFEM's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

Dimensional Emerging Markets Core Equity 2 ETF is an Emerging Markets fund issued by Dimensional Fund Advisors with $9.62 billion in assets under management. It holds a B grade and ranks 6 of 10 within its category, placing it at #78 overall among 458 tracked ETFs. The fund’s 0.39% expense ratio exceeds the category median of 0.29%, while its 1.84% dividend yield trails the median of 1.91%. Top holdings account for 22.9% of assets, with Taiwan Semiconductor Manufacturing Company Limited representing the largest single position at 9.2%.

The fund’s price sits at 86.2% of its 52-week range, reflecting a strong upward trajectory that includes a 36.00% return over the past year. Short-term momentum is evident, with one-month and three-month returns of 5.24% and 6.59% respectively, contributing to a year-to-date gain of 22.03%. This performance slightly outpaces the category median one-year return of 33.42%. The ETFValuer grade was upgraded from C to B on 2026-07-30, though price history is available for only 3.0 years.

With an annualised volatility of 22.80% labelled as High, the fund exhibits significant price fluctuation. A beta of 1.07 indicates that its movements are slightly more pronounced than the broader market. Despite this elevated volatility, the Sharpe ratio of 1.36 suggests that the returns generated have been efficient relative to the risk taken. The maximum drawdown of -18.09% highlights the potential for substantial temporary losses. Liquidity is characterized by an average daily volume of 984,279 shares and a bid/ask spread of 26.27%.

AI-generated summary based on the data on this page.

DFEM Top Holdings

Holdings as of 2026-04-30 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 22.9% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how DFEM's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With DFEM

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with DFEM's top 10 — AVEM overlaps most, holding 7 of the same companies as DFEM's top 10 (20.3% of DFEM's assets).

Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.

Market Backdrop

10-Year Treasury Yield: 4.77% (as of 2026-09-03) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 14.32 (as of 2026-09-03) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.63% (as of 2026-08-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

Trade-Weighted US Dollar Index: 118.75 (as of 2026-08-28) — Measures the US dollar’s strength against major trading-partner currencies — dollar moves directly affect the US-dollar value of this fund’s international holdings.

DFEM Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 26.27% and average daily volume is 984K/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $9.62B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: DFEM is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

DFEM Performance History

How DFEM Compares to Other Emerging Markets ETFs