DFAX Stock Summary and Trading Ideas (Dimensional World Ex U.S. Core Equity 2 ETF | ARCA:DFAX)

The investment objective of the ETF is to achieve long-term capital appreciation while minimizing federal income taxes on returns. ETF intends to purchase securities of companies associated with developed market and emerging market countries, which may include frontier markets (emerging market countries in an earlier stage of development), that the Advisor has designated as approved markets. As a non-fundamental policy, under normal circumstances, the Portfolio will invest at least 80% of its net assets in non-U.S. equity securities and/or investments that provide exposure to non-U.S. securities. The Advisor determines company size on a country or region specific basis and based primarily on market capitalization. The Advisor may also adjust the representation in the Portfolio of an eligible company, or exclude a company, after considering such factors as free float, momentum, trading strategies, liquidity, size, relative price, profitability, investment characteristics, and other factors that the Advisor determines to be appropriate. In assessing a company s investment characteristics, the Advisor considers ratios such as recent changes in assets divided by total assets.

Dimensional World Ex U.S. Core Equity 2 ETF trades on the ARCA stock market under the symbol DFAX.

As of December 11, 2024, DFAX stock price climbed to $26.08 with 758,042 million shares trading.

DFAX has a beta of 0.67, meaning it tends to be less sensitive to market movements. DFAX has a correlation of 0.51 to the broad based SPY ETF.

DFAX has a market cap of $7.29 billion. This is considered a Mid Cap stock.

In the last 3 years, DFAX traded as high as $27.33 and as low as $18.42.

DFAX has underperformed the market in the last year with a return of +14.3%, while the SPY ETF gained +33.5%. In the last 3 month period, DFAX fell short of the market, returning +2.2%, while SPY returned +11.0%. However, in the most recent 2 weeks DFAX has outperformed the stock market by returning +2.7%, while SPY returned +1.1%.

DFAX support price is $25.72 and resistance is $26.08 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that DFAX shares will trade within this expected range on the day.