Dimensional - International Value ETF

Frequently Asked Questions About DFIV

What does DFIV invest in?

The fund's manager actively trades investments for the portfolio, prioritizing tax efficiency. This involves both deferring and minimizing the recognition of overall capital gains, often by using capital losses to counteract existing or anticipated profits. A significant objective is also to ensure that any gains realized are classified as long-term, thus qualifying for more favorable tax rates. Additionally, the fund concentrates its investments in equity securities of large corporations based outside the U.S., specifically in developed market countries, with the advisor selecting those deemed to be relatively undervalued.

What is the expense ratio of DFIV?

Dimensional - International Value ETF (DFIV) charges an expense ratio of 0.27%. This is the annual fee deducted from fund assets to cover management and operations.

How big is DFIV?

Dimensional - International Value ETF (DFIV) manages $22.45B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is DFIV actively managed or an index fund?

DFIV is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (DFIV's is 0.27%) in exchange for the discretion to over- or under-weight positions.

When was DFIV launched?

Dimensional - International Value ETF (DFIV) launched in April 1999 and is managed by Dimensional.

How has DFIV performed?

DFIV's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.