ETF Evaluator: Dimensional International Value ETF (DFIV) Follow This ETF

Dimensional International Value ETF Overview

Dimensional International Value ETF (DFIV) is an actively managed International Equity Foreign Large Value exchange-traded fund (ETF). Dimensional Fund Advisors launched the ETF in 1999.

The investment seeks to achieve long-term capital appreciation while minimizing federal income taxes on returns. The Advisor buys and sells securities for the Portfolio with the goals of: (i) delaying and minimizing the realization of net capital gains (e.g., selling stocks with capital losses to offset gains, realized or anticipated); and (ii) maximizing the extent to which any realized net capital gains are long-term in nature (i.e., taxable at lower capital gains tax rates). The fund is designed to generally purchase securities of large non‑U.S. companies in countries with developed markets that the Advisor determines to be lower relative price stocks.

About Dimensional International Value ETF (DFIV)

There are 4 members of the management team with an average tenure of 6.59 years: Jed Fogdall (2010), Joel Schneider (2022), Joseph Hohn (2022) and Brendan McAndrews (2025). Management tenure is more important for actively managed ETFs than passive index ETFs.

The ETF has 2 primary benchmarks: MSCI World ex USA NR USD index with a weighting of 100% and MSCI World Ex USA Value NR USD index with a weighting of 100%. Dimensional International Value ETF has 600 securities in its portfolio. The top 10 holdings constitute 15.3% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.

Dimensional International Value ETF is part of the Equity global asset class and is within the International Equity ETF group. Dimensional International Value ETF has 99.1% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.8% There is 99.1% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Dimensional International Value ETF has 0.0% of the portfolio in cash.

Assets Under Management

The fund has $19 billion in total assets, which is above the $2 billion average for the Foreign Large Value category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

DFIV Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Dimensional International Value ETF expense ratio is below average compared to funds in the Foreign Large Value category. Dimensional International Value ETF has an expense ratio of 0.27%, which is 41% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. Dimensional International Value ETF has a portfolio turnover rate of 6%, which indicates that it holds its assets around / 0.2 years. By way of comparison, the average portfolio turnover is 46% for the Foreign Large Value category.

Recently, in the month of June 2026, Dimensional International Value ETF returned -1.9%, which earned it a grade of C, as the Foreign Large Value category had an average return of -1.7%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.

Dimensional International Value ETF has a trailing yield of 2.74%, which is below the 3.40% category average. The fund normally distributes its income quarterly.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

Dimensional International Value ETF Grades

Year to date, the ETF has returned 10.1%, 0.2 percentage points worse than the category, which translates into a grade of C. The fund has returned 30.1% over the past year (grade of B), 22.4% over the past three years (grade of B) and 14.6% per year over the past five years (grade of A) and 11.9% per year over the past 10 years (grade of A).

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