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Portfolio > ETFs

DFA Adds 4 New ETFs

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What You Need to Know

  • DFA listed four new international equity ETFs on the Chicago Board Options Exchange.
  • The new funds are listed under the tickers DFIC, DFIS, DISV and DIHP.
  • The latest ETFs boost the firm’s total active transparent ETF suite to 20 funds with about $50 billion in AUM.

Dimensional Fund Advisors, the Austin, Texas-based, advisor-focused investment firm managing $679 billion in assets, has added four new exchange-traded funds to its stable.

DFA listed four international equity ETFs on the Chicago Board Options Exchange that it said Thursday will offer “offer broadly diversified exposure to core international equities across market caps and styles as well as component solutions focused on international small cap, international small cap value, and international high profitability equities.”

The addition of the four funds boosts the firm’s total active transparent ETF suite to 20 funds with about $50 billion in AUM and they complement the firm’s existing mutual funds and expanded separately managed accounts offerings, it said.

The new Cboe-listed funds are: International Core Equity 2 ETF (listed as DFIC, with a net expense ratio of 0.23%); International Small Cap ETF (DFIS, 0.39%); International Small Cap Value ETF (DISV, 0.42%); and International High Profitability ETF (DIHP, 0.29%).

DFIC was designed to acquire a broad and diverse group of non-U.S. companies in developed markets with an emphasis on companies with smaller market capitalization, lower relative price and higher profitability, according to DFA.

DFIS was designed to purchase small, non‑U.S. companies in developed markets, while DISV was designed to buy small, non‑U.S. companies with low prices in relation to their book values in developed markets, and DIHP was designed to purchase large, non‑U.S. companies with high earnings or profits from operations in relation to their book value or assets in developed markets, DFA said.

“Recent volatility has demonstrated the continued value of broadly diversified portfolios with added flexibility as well as experienced advisors to help keep investors aligned with their financial plans,” according to Dave Butler, co-CEO of DFA.

“The active transparent ETF industry remains relatively nascent, and we believe our approach, which builds on the core principles of indexing by incorporating flexible, daily implementation, will continue to attract investors that believe in investing for the long term,” he said in a statement.

Other recent additions from DFA included three equity U.S. ETFs last month: Dimensional US Small Cap Value ETF (DFSV), Dimensional US High Profitability ETF (DUHP) and Dimensional US Real Estate ETF (DFAR).


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