About Dimensional World ex U.S. Core (DFAX)

The Dimensional World ex U.S. Core (DFAX) ETF is a global equity fund that seeks to provide investors with a broad exposure to non-U.S. developed and emerging markets. The fund is designed to capture the performance of a large portion of the global equity market, excluding U.S.-based companies. DFAX employs Dimensional Fund Advisors' unique investment approach, which is based on academic research and emphasizes factors that are expected to drive long-term returns.

DFAX is a passively managed fund, meaning that it aims to replicate the performance of a specific index rather than actively selecting individual stocks. The fund tracks the Dimensional World ex U.S. Core Equity 2 Index, which includes large and mid-cap stocks from developed and emerging markets outside of the United States. The index is weighted by market capitalization, with a tilt towards small-cap stocks.