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Dimensional World Equity ETF
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- Description
- Performance
- Comps
Fundamentals- Valuation
- Rating
| DFAW is an actively managed fund of funds that invests in a broad portfolio of stocks across all market capitalizations globally. |
| Category | Global Equities |
| Fund Sponsor | Dimensional |
| Website | www.dimensional.com/us-en/funds/dfaw/world-equity-etf |
| Inception date | Sep 26, 2023 |
| Assets (mns) | $911 |
| Currency | USD |
| Expense ratio | 25 bp |
| Distributions |
| Regulation | Open-Ended Fund |
| Custodian | |
| Weighting | |
| Index replication | |
| Uses derivatives | No |
| Options available | Yes |
| No. of constituents | 6 |
| Wgt avg mkt cap (mns) | $0 |
| Large cap (>$10bn) | 75.3% |
| Mid cap ($2-10bn) | 17.8% |
| Small cap (<$2bn) | 6.4% |
| Developed mkts | 92.4% |
| Emerging mkts | 7.4% |
| DFA US CORE EQUITY 2 ETF | 53.0 % |
| DFA INTL CORE EQTY 2 ETF | 19.1 % |
| DFA US CORE EQUITY 1 ETF | 17.7 % |
| DFA EM CORE EQUITY 2 ETF | 8.2 % |
| DFA GBL REAL ESTATE ETF | 1.8 % |
| CASH AND CASH EQUIVALENTS | 0.1 % | Total | 100.0 % |
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UNITED STATES | 69.5 % |
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JAPAN | 4.1 % |
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BRITAIN | 2.6 % |
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CANADA | 2.1 % |
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CHINA | 2.0 % |
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GERMANY | 1.6 % |
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TAIWAN | 1.5 % |
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SWITZERLAND | 1.5 % |
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FRANCE | 1.3 % |
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AUSTRALIA | 1.2 % |
HISTORICAL PERFORMANCE 
| Custom date range | Compare to | ||
| thru |
| Year-to-date | 1 year | 5 years | 10 years | Since Incep. |
| 16.3% | 15.1% | -- | -- | 22.3% |
| versus... | Beta | R-squared |
| S&P500 | 0.90 | 88% |
| MSCI EAFE | 0.36 | 16% |
| MSCI Emg. Mkts. | 0.04 | 0% |
| Recent close | $71.20 |
| 30d moving avg. | $71.29 |
| Annualized volatility | 11.2% |
| Short interest (ETF) | 0.5% |
| Relative strength (RSI) | 50 |
| Avg. volume (thou.) | 49 |
| Turnover | 0.4% |
| Bid/Ask (% of price) | 0.13% |
| ADV underlying (mns) | $225,837 |
FINDING ALTERNATIVE FUNDS
Below is a list of 2 potential alternatives to the Dimensional World Equity ETF ETF based on the alternatives' overlap in portfolio holdings with DFAW. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.
| Benchmark ticker: | DFAW | Expense: | 25 bp | ALTAR Score™: | 6.1% |
| Ticker | Fund Name |
Overlap1 vs DFAW (%) |
Expense ratio (bp) |
Savings vs DFAW (bp) |
ALTAR Score™ (%) |
ALTAR vs DFAW (%) |
| EBI | Longview Advantage ETF | 5.3 | 35 | -10 | 6.6 | +0.5 |
| FFOX | FundX Future Fund Opportunities ETF | 0.0 | 100 | -75 | 4.3 | -1.8 |
1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.
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RESULTS & ESTIMATES
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025E | 2026E | |
|---|---|---|---|---|---|---|---|
| Sales per share | ** | ** | ** | ** | ** | ** | ** |
| Earnings per share | ** | ** | ** | ** | ** | ** | ** |
| Dividends per share |
** | ** | ** | ** | ** | ** | ** |
| Book value per share | ** | ** | ** | ** | ** | ** | ** |
| Sales per share growth | **% | **% | **% | **% | **% | **% | |
| EPS growth | **% | **% | **% | **% | **% | **% |
| Sales per share growth | **% | **% | **% | **% | **% | **% | |
| EPS growth | **% | **% | **% | **% | **% | **% |
OTHER FUNDAMENTAL METRICS
| Long term EPS growth est. | **% | Debt-to-equity | **x | |
| Asset turnover | **% | Assets-to-equity | **x |
| *Six months ago = 100 |
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VALUATION METRICS
| 2024 | 2025E | 2026E | |
|---|---|---|---|
| Price-to-sales | ** | ** | ** |
| Price-to-earnings | ** | ** | ** |
| Price-to-cash flow | ** | ** | ** |
| Price-to-growth | ** | ** | ** |
| Price-to-book value | ** | ** | ** |
| Yield | ** | ** | ** |
Historical valuation trends
| Forward multiple: |
Dimensional World Equity ETF | |||
| Relative to: |
S&P500 | MSCI EAFE | MSCI Emg. Mkts. | Other ETF: |
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. |
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ALTAR Score™
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MODERN PORTFOLIO THEORY
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