Dimensional Expands Suite of ETFs with Two New Vector Equity Solutions

Dimensional Expands Suite of ETFs with Two New Vector Equity Solutions

Sep 12, 2024

1 minutes

Dimensional is pleased to announce the launch of the US Vector Equity ETF (DXUV) and International Vector Equity ETF (DXIV), expanding our suite to 40 ETFs, which total approximately $143 billion in assets under management.1

DXUV and DXIV are foundational all cap solutions for investors seeking a powerful emphasis on areas of the market expected to outperform over time. The ETFs may form the foundation of an asset allocation or complement core portfolios.

Decades of research demonstrate that smaller capitalization, lower relative price (value), and higher profitability stocks may provide higher expected returns over time. 2 DXUV and DXIV apply this research by first targeting exposure to value and high profitability stocks in their respective markets. Within these segments, the solutions then overweight smaller cap, value, and higher profitability stocks.

DXUV and DXIV are competitively priced within the lowest quartile of their Morningstar category peers.3

More information about DXUV and DXIV, including the fund prospectus, can be found here.


Dimensional US Vector Equity ETF (NYSE ARCA: DXUV)

  • Net expense ratio: 0.28%4
  • Gross expense ratio: 0.30%4
  • Description: DXUV is a US all cap solution that targets value and high profitability stocks, pursuing higher expected returns and consistent exposure through a daily flexible process. The investment objective of the Dimensional US Vector Equity ETF is to achieve long-term capital appreciation.

Dimensional International Vector Equity ETF (NYSE ARCA: DXIV)

  • Net expense ratio: 0.34%4
  • Gross expense ratio: 0.46%4
  • Description: DXIV is a developed ex US all cap solution that targets value and high profitability stocks, pursuing higher expected returns and consistent exposure through a daily flexible process. The investment objective of the Dimensional International Vector Equity ETF is to achieve long-term capital appreciation.

Footnotes

  1. 1. As of June 30, 2024.
  2. 2. Profitability is measured as operating income before depreciation and amortization minus interest expense scaled by book.
  3. 3. Comparison against funds in its Morningstar peer category as of September 12, 2024.
  4. 4. Fee and expense information as of the prospectus dated August 12, 2024. The Portfolio has entered into fee waiver and/or expense assumption arrangements with the Advisor. In these cases, the Advisor has contractually agreed, under certain circumstances, to waive certain fees and/or assume certain expenses of the Portfolio. The fee waiver will remain in effect through February 28, 2026, and may only be terminated by the Portfolios Board of Directors/Trustees prior to that date. The net expense ratio reflects the gross expense ratio of the Portfolio after taking into account any such fee waiver and/or expense assumption arrangements. The gross expense ratio reflects the total annual fund operating expenses as disclosed in the prospectus. Please read the Portfolio’s prospectus for details and more information.

Disclosures

This information is provided for registered investment advisors and institutional investors and is not intended for public use. Dimensional Fund Advisors LP is an investment advisor registered with the Securities and Exchange Commission. Consider the investment objectives, risks, and charges and expenses of the Dimensional funds carefully before investing. For this and other information about the Dimensional funds, please read the prospectus carefully before investing. Prospectuses are available by calling Dimensional Fund Advisors collect at (512) 306-7400 or at dimensional.com. Dimensional funds are distributed by DFA Securities LLC.


Risks include loss of principal and fluctuating value. Investment value will fluctuate, and shares, when redeemed, may be worth more or less than original cost. There is no guarantee strategies will be successful.


ETFs trade like stocks, fluctuate in market value and may trade either at a premium or discount to their net asset value. ETF shares trade at market price and are not individually redeemable with the issuing fund, other than in large share amounts called creation units. ETFs are subject to risk similar to those of stocks, including those regarding short-selling and margin account maintenance. Brokerage commissions and expenses will reduce returns.