DFAEDimensional Emerging Core Equity Market ETF
DFAE Fund Description
DFAE actively selects emerging markets securities of all sizes with a tilt toward small-cap companies, seeking to provide long-term capital appreciation.
DFAE Factset Analytics Insight
DFAE is an actively managed fund that primarily aims to achieve long-term capital appreciation. The fund holds a diversified portfolio of companies domiciled in emerging markets. It utilizes published data, analysis, and classification of countries to identify eligible markets for inclusion. The fund will invest in equities of all capitalizations but will have an increased exposure to small-cap companies with lower relative price and higher profitability. Factors such as price to cash flow or price to earnings ratios are considered in assessing the relative price, while other ratios such as earnings or profits from operations relative to book value or assets are analyzed for profitability measures. In addition to these, short-term considerations such as price momentum and investment characteristics are also reviewed for securities selection.
DFAE MSCI ESG Analytics Insight
Dimensional Emerging Core Equity Market ETF has an MSCI ESG Fund Rating of BBB based on a score of 5.00 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Dimensional Emerging Core Equity Market ETF ranks in the 27th percentile within its peer group and in the 27th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
DFAE MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.