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Dimensional World ex U.S. Core Equity 2 (DFAX)
Look-through valuation · Global · Expense ratio 0.28 % · ISIN US25434V8809
Price history (since 2021)
Monthly close since 2021. Price shows performance, the valuation verdict is in the look-through above.
Top holdings
| Holding | Weight | vs fair value | Quality |
|---|---|---|---|
| Taiwan Semiconductor Manufacturing Co. Ltd. 2330 | 2.5 % | +12.2 % | 72 |
| Samsung Electronics Co Ltd SSNLF | 1.4 % | n/a | n/a |
| Taiwan Semiconductor Manufacturing TSM | 1.1 % | +19.2 % | 77 |
| SK Hynix Inc 000660 | 0.9 % | +10.0 % | 68 |
| ASML Holding N.V. New York Registry Shares ASML | 0.8 % | n/a | n/a |
| Novartis AG ADR NVS | 0.6 % | n/a | n/a |
| Royal Bank of Canada RY | 0.6 % | n/a | n/a |
| TotalEnergies SE ADR TTE | 0.5 % | n/a | n/a |
| SHELL PLC WI ADR/2 L3H | 0.5 % | n/a | n/a |
| Tencent Holdings Ltd 0700 | 0.4 % | +67.4 % | 70 |
| Roche Holding AG ROP | 0.4 % | n/a | n/a |
| Nestle S.A. NESN | 0.4 % | −24.6 % | 68 |
| Toyota Motor Corp 7203 | 0.4 % | n/a | n/a |
| Samsung Electronics Co. Ltd SMSN | 0.3 % | n/a | n/a |
| MediaTek Inc 2454 | 0.3 % | −29.8 % | 79 |
| Allianz SE VNA O.N. ALV | 0.3 % | −46.1 % | 59 |
| Mitsubishi UFJ Financial Group Inc 8306 | 0.3 % | n/a | n/a |
| Advantest Corp. 6857 | 0.3 % | n/a | n/a |
| Unimicron Technology Corp 3037 | 0.3 % | +107.4 % | 52 |
| HSBC Holdings PLC ADR HSBC | 0.3 % | n/a | n/a |
| Deutsche Telekom AG DTE | 0.2 % | −13.4 % | 56 |
| Bayer AG NA BAYN | 0.2 % | +16.8 % | 44 |
| BHP Group Ltd BHP | 0.2 % | n/a | n/a |
| Shell plc SHEL | 0.2 % | −13.7 % | 63 |
| UniCredit S.p.A. UCG | 0.2 % | +0.4 % | 59 |
Fair value and quality per position come from the same valuation as our stock pages. Showing the 25 largest of 50 disclosed positions. "n/a" means the position is not (yet) in our stock universe and does not enter the average.
The 10 most cheaply valued ETFs
Measured against the look-through fair value of the holdings (sufficiently covered funds only). Green means below fair value, red above. Not financial advice.
- 1 CHIU Global X MSCI China Utilities ETF +76.9 % below FV
- 2 MCHI iShares MSCI China ETF +41.9 % below FV
- 3 ITB iShares U.S. Home Construction ETF +37.1 % below FV
- 4 FCFY First Trust S&P 500 Diversified Free Cash Flow ETF +32.2 % below FV
- 5 VOX Vanguard Communication Services Index Fund ETF Shares +21.5 % below FV
- 6 XLC Communication Services Select Sector SPDR® Fund +20.6 % below FV
- 7 C003 Amundi Index Solutions - Amundi DivDAX I UCITS ETF EUR Distributing +19.1 % below FV
- 8 FDNI First Trust Dow Jones International Internet ETF +15.2 % below FV
- 9 SHRY First Trust Bloomberg Shareholder Yield ETF +14.6 % below FV
- 10 TAN Invesco Solar ETF +14.5 % below FV
Frequently asked about DFAX
Is DFAX overvalued?
How do you calculate the fair value of an ETF?
Which stocks drive the valuation of DFAX?
What is the expense ratio of DFAX?
How we value this ETF
An ETF has no fair value of its own like a single stock. We build it bottom up: every holding has a fair value and a quality score on our pages. Weighted by portfolio share, that gives Dimensional World ex U.S. Core Equity 2 ETF an average of how cheap or expensive its companies currently sit versus fair value, and how high their average quality is.
As of: Oct 15, 2026
The look-through is a computed summary of public fundamentals and is no substitute for your own research.