DFAX

The Dimensional World ex U.S. Core Equity 2 ETF (DFAX) invests almost entirely in publicly‑traded stocks of companies located outside the United States, covering both developed and emerging markets and spanning a broad range of industry sectors. Its strategy follows Dimensional’s systematic, factor‑based approach, targeting a diversified blend of large‑cap equities with tilts toward value and profitability characteristics while employing tax‑efficient trading practices. The fund aims for long‑term capital appreciation by holding a wide, market‑wide portfolio that mirrors the MSCI All‑Country World ex‑USA index rather than concentrating on any single region or sector. DFAX is suitable for investors who want broad international equity exposure, diversification away from U.S. stocks, and a passive‑style vehicle that emphasizes long‑term growth and tax efficiency.