Index Descriptions

IFA US Large Company Index TR

Time-Series Construction
Jan 1928 - Sep 1999: Dimensional US Large Cap Index TR Minus 0.0075%/mo (net expense ratio)
October 1999 - Jun 2017: DFA US Large Company Fund (DFUSX)
Jul 2017 - Dec 2022: Schwab S&P 500 Index (SWPPX)
Jan 2023 - Present: Dimensional US Equity ETF (DFUS)

Definitions and other important information:

Dimensional US Large Cap Index TR:  Jan 1928 - Sep 1999: Dimensional US Large Cap Index TR Composition: Market-capitalization-weighted index of securities of the largest US companies whose market capitalization falls in the highest 90% of the total market capitalization of the Eligible Market. The Eligible Market is composed of securities of US companies traded on the NYSE, NYSE MKT (formerly AMEX), and Nasdaq Global Market. Exclusions: Non-US companies, REITs, UITs, and Investment Companies. Source: CRSP and Compustat.

The Dimensional US Large Cap Index TR has been retrospectively calculated by Dimensional Fund Advisors and did not exist prior to Mar 1st, 2007. Accordingly, the results shown during the periods prior to Mar 1st, 2007 do not represent actual returns of the Index. Other periods selected may have different results, including losses. Backtested index performance is hypothetical and is provided for informational purposes only to indicate historical performance had the index been calculated over the relevant time periods. Backtested performance results assume the reinvestment of dividends and capital gains. The index monthly returns are computed as the simple average of the monthly returns of 12 sub-indices, each one reconstituted once a year at the end of each month of the year. The Index is unmanaged and is not subject to fees and expenses typically associated with managed accounts or investment funds. Investments cannot be made directly in an index. Past performance is no guarantee of future results. Dimensional Index data compiled by Dimensional. Our source data comes from many places including Dimensional Fund Advisors and Morningstar Direct software as indicated in the relevant tables and charts. Permission for sharing Dimensional Indexes is provided by Dimensional Fund Advisors LP in End User License Agreement for Returns Program, dated February 1, 2023. ©2023 Dimensional Fund Advisors.

DFA US Large Company Fund (DFUSX):  Factsheet | Prospectus  October 1999 - Jun 2017: The US Large Company Portfolio generally invests in the stocks that comprise the S&P 500 Index in approximately the proportions they are represented in the S&P 500 Index. The S&P 500 Index comprises a broad and diverse group of stocks. Generally, these are the US stocks with the largest market capitalizations and, as a group, they generally represent approximately 80% of the total market capitalization of all publicly traded US stocks. For the Portfolio, the Advisor considers the stocks that comprise the S&P 500 Index to be those of large companies. Under normal market conditions, at least 95% of the Portfolio's net assets will be invested in the stocks that comprise the S&P 500 Index. As a non-fundamental policy, under normal circumstances, the Portfolio will invest at least 80% of its net assets in securities of large US companies.

Schwab S&P 500 Index (SWPPX):  Fact Sheet | Prospectus  Jul 2017 - Dec 2022: The fund's goal is to track the total return of the S&P 500® Index. To pursue its goal, the fund generally invests in stocks that are included in the S&P 500 Index. It is the fund's policy that under normal circumstances it will invest at least 80% of its net assets (including, for this purpose, any borrowings for investment purposes) in these stocks; typically, the actual percentage is considerably higher. The fund will notify its shareholders at least 60 days before changing this policy. The fund generally will seek to replicate the performance of the index by giving the same weight to a given stock as the index does. The fund may invest in derivatives, principally futures contracts, and lend its securities to minimize the gap in performance that naturally exists between any index fund and its corresponding index. The fund may concentrate its investments (i.e., hold 25% or more of its total assets) in an industry or group of industries to the extent that the index the fund is designed to track is also so concentrated. Actual and back-tested performance results assume the reinvestment of dividends and capital gains.

Dimensional US Equity ETF (DFUS):  Fact Sheet | Prospectus  Jan 2023 - Present: Dimensional Fund Advisors LP's (the "Advisor") tax management strategies for the US Equity ETF are designed to maximize the after tax value of a shareholder's investment. Generally, 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 US Equity ETF, using a market capitalization weighted approach, is designed to generally purchase a broad and diverse group of equity securities of U.S. companies. As a non-fundamental policy, under normal circumstances, the US Equity ETF will invest at least 80% of its net assets in securities of U.S. companies. The Advisor considers companies of all market capitalizations for purchase by the Portfolio. The US Equity ETF is an actively managed exchange-traded fund and does not seek to replicate the performance of a specific index and may have a higher degree of portfolio turnover than such index funds. Net Asset Value (NAV) returns derived from Morningstar Direct and Dimensional Fund Advisors Returns Program are used in the calculation of returns.

IFA US Large Cap Value Index TR

Time-Series Construction
Jan 1928 - Feb 1993: Dimensional Large Value Index TR minus 0.0183%/mo (net expense ratio)
Mar 1993 - Dec 2022: DFA US Large Cap Value Fund (DFLVX)
Jan 2023 - Present: Dimensional US Large Cap Value ETF (DFLV)

Definitions and other important information:

Dimensional US Large Cap Value Index TR:  Jan 1928 - Dec 1974: Dimensional US Large Cap Value Index TR Composition: Consists of large cap companies in the eligible market whose relative price is in the bottom 25% of the US Large Cap Index after the exclusion of utilities, companies lacking financial data, and companies with negative relative price. The eligible market is composed of securities of US companies traded on the NYSE, NYSE MKT (formerly AMEX), and Nasdaq Global Market. Exclusions: Non-US companies, REITs, UITs, and Investment Companies. Source: CRSP and Compustat

Jan 1975 - Feb 1993: Dimensional US Large Cap Value Index TR Composition: Consists of large cap companies in the eligible market whose relative price is in the bottom 30% of large cap market after the exclusion of utilities, companies lacking financial data, and companies with negative relative price. The Index emphasizes securities with higher profitability, lower relative price, and lower market capitalization. Profitability is defined as operating income before depreciation and amortization minus interest expense divided by book equity. The eligible market is composed of securities of US companies traded on the NYSE, NYSE MKT (formerly AMEX), and Nasdaq Global Market. Exclusions: Non-US companies, REITs, UITs, and Investment Companies. Source: CRSP and Compustat

The Dimensional US Large Cap Value Index TR has been retrospectively calculated by Dimensional Fund Advisors and did not exist prior to Mar 1st, 2007. Accordingly, the results shown during the periods prior to Mar 1st, 2007 do not represent actual returns of the Index. Other periods selected may have different results, including losses. Backtested index performance is hypothetical and is provided for informational purposes only to indicate historical performance had the index been calculated over the relevant time periods. Backtested performance results assume the reinvestment of dividends and capital gains. The index monthly returns are computed as the simple average of the monthly returns of 12 sub-indices, each one reconstituted once a year at the end of each month of the year. The Index is unmanaged and is not subject to fees and expenses typically associated with managed accounts or investment funds. Investments cannot be made directly in an index. Past performance is no guarantee of future results. The calculation methodology for the Dimensional US Large Cap Value Index TR was amended on Jan 1st, 2014 to include profitability as a factor in selecting securities for inclusion in the index. Dimensional Index data compiled by Dimensional. Our source data comes from many places including Dimensional Fund Advisors and Morningstar Direct software as indicated in the relevant tables and charts. Permission for sharing Dimensional Indexes is provided by Dimensional Fund Advisors LP in End User License Agreement for Returns Program, dated February 1, 2023. ©2023 Dimensional Fund Advisors.

DFA US Large Cap Value Portfolio I (DFLVX):  Fact Sheet | Prospectus  Mar 1993 - Dec 2022: The US Large Cap Value Portfolio pursues its investment objective by investing substantially all of its assets in the US Large Cap Value Series. The US Large Cap Value Series is designed to purchase a broad and diverse group of readily marketable securities of large US companies that Dimensional Fund Advisors LP (the 'Advisor') determines to be value stocks. Back-tested performance results assume the reinvestment of dividends and capital gains.

Dimensional US Large Cap Value ETF (DFLV):  Fact Sheet | Prospectus  Jan 2023 - Present: The Portfolio is designed to purchase a broad and diverse group of readily marketable securities of large U.S. companies that the Advisor determines to be value stocks. As a non-fundamental policy, under normal circumstances, the Portfolio will invest at least 80% of its net assets in securities of large cap U.S. companies. As of the date of this Prospectus, for purposes of the Portfolio, the Advisor considers large cap companies to be companies whose market capitalizations are generally in the highest 90% of total market capitalization or companies whose market capitalizations are larger than or equal to the 1,000th largest U.S. company, whichever results in the higher market capitalization break. Total market capitalization is based on the market capitalization of eligible U.S. operating companies listed on a securities exchange in the United States that is deemed appropriate by the Advisor. Under the Advisor's market capitalization guidelines described above, based on market capitalization data as of Dec 31, 2022, the market capitalization of a large cap company would be $7,650 million or above. This threshold will change due to market conditions. The Portfolio is an actively managed exchange traded fund and does not seek to replicate the performance of a specific index and may have a higher degree of portfolio turnover than such index funds. Net Asset Value (NAV) returns derived from Morningstar Direct and Dimensional Fund Advisors Returns Program are used in the calculation of returns.

IFA US Small Cap Index TR

Time-Series Construction
Jan 1928 - Mar 1992: Dimensional US Small Cap Index TR minus 0.0217%/mo (net expense ratio)
Apr 1992 - Dec 2022: DFA US Small Cap Fund (DFSTX)
Jan - Present: Dimensional US Small Cap ETF (DFAS)

Definitions and other important information:

Dimensional US Small Cap Index TR:  Jan 1928 - Dec 1974: Dimensional US Small Cap Index TR Composition: Market-capitalization-weighted Index of securities of the smallest US companies whose market capitalization falls in the lowest 8% of the total market capitalization of the Eligible Market. The Eligible Market is composed of securities of US companies traded on the NYSE, NYSE MKT (formerly AMEX), and Nasdaq Global Market. Exclusions: Non-US companies, REITs, UITs, and Investment Companies. Source: CRSP and Compustat

Jan 1975 - Mar 1992: Dimensional US Small Cap Index TR Composition: Market-capitalization-weighted Index of securities of the smallest US companies whose market capitalization falls in the lowest 8% of the total market capitalization of the Eligible Market. The Eligible Market is composed of securities of US companies traded on the NYSE, NYSE MKT (formerly AMEX), and Nasdaq Global Market. Exclusions: Non-US companies, REITs, UITs, and Investment Companies and companies with the lowest profitability and highest relative price within the small cap universe. The index also excludes those companies with the highest asset growth within the small cap universe. Profitability is defined as operating income before depreciation and amortization minus interest expense divided by book equity. Asset growth is defined as change in total assets from the prior fiscal year to current fiscal year. Source: CRSP and Compustat

The Dimensional US Small Cap Index TR has been retrospectively calculated by Dimensional Fund Advisors and did not exist prior to Mar 1st, 2007. Accordingly, the results shown during the periods prior to Mar 1st, 2007 do not represent actual returns of the Index. Other periods selected may have different results, including losses. Backtested index performance is hypothetical and is provided for informational purposes only to indicate historical performance had the index been calculated over the relevant time periods. Backtested performance results assume the reinvestment of dividends and capital gains. The index monthly returns are computed as the simple average of the monthly returns of 12 sub-indices, each one reconstituted once a year at the end of each month of the year. The Index is unmanaged and is not subject to fees and expenses typically associated with managed accounts or investment funds. Investments cannot be made directly in an index. Past performance is no guarantee of future results. The calculation methodology for the Dimensional US Small Cap Index TR was amended on Jan 1st, 2014 to include profitability as a factor in selecting securities for inclusion in the index. The calculation methodology for the Dimensional US Small Cap Index TR was amended in Dec 2019 to include asset growth as a factor in selecting securities for inclusion in the index. Dimensional Index data compiled by Dimensional. Our source data comes from many places including Dimensional Fund Advisors and Morningstar Direct software as indicated in the relevant tables and charts. Permission for sharing Dimensional Indexes is provided by Dimensional Fund Advisors LP in End User License Agreement for Returns Program, dated February 1, 2023. ©2023 Dimensional Fund Advisors.

DFA US Small Cap Portfolio I (DFSTX):  Fact Sheet | Prospectus  Apr 1992 - Dec 2022: The US Small Cap Portfolio, using a market capitalization weighted approach, is designed to purchase a broad and diverse group of readily marketable securities of US small cap companies. Back-tested performance results assume the reinvestment of dividends and capital gains.

Dimensional US Small Cap ETF (DFAS):  Fact Sheet | Prospectus  Jan 2023 - Present: Dimensional Fund Advisors LP's (the "Advisor") tax management strategies for the US Small Cap ETF are designed to maximize the after tax value of a shareholder's investment. Generally, 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 US Small Cap ETF, using a market capitalization weighted approach, is designed to generally purchase a broad and diverse group of securities of U.S. small cap companies. As a non-fundamental policy, under normal circumstances, the US Small Cap ETF will invest at least 80% of its net assets in securities of small cap U.S. companies. For the purposes of the Portfolio, the Advisor considers small cap companies to be companies whose market capitalizations are generally in the lowest 10% of total market capitalization or companies whose market capitalizations are smaller than the 1,000th largest U.S. company, whichever results in the higher market capitalization break. Total market capitalization is based on the market capitalization of eligible U.S. operating companies listed on a securities exchange in the United States that is deemed appropriate by the Advisor. Under the Advisor's market capitalization guidelines described above, based on market capitalization data as of Dec 31, 2022, the market capitalization of a small cap company would be below $7,650 million. This threshold will change due to market conditions. The US Small Cap ETF is an actively managed exchange-traded fund and does not seek to replicate the performance of a specific index and may have a higher degree of portfolio turnover than such index funds. Net Asset Value (NAV) returns derived from Morningstar Direct and Dimensional Fund Advisors Returns Program are used in the calculation of returns.

IFA US Micro Cap Index TR

Time-Series Construction
Jan 1928 - Dec 1981: Dimensional US Micro Cap Index TR minus 0.0342%/mo (net expense ratio)
Jan 1982 - Present: DFA US Micro Cap Portfolio (DFSCX)

Definitions and other important information:

Dimensional US Micro Cap Index TR:  Jan 1928 - Dec 1974: Dimensional US Micro Cap Index TR Composition: Market-capitalization-weighted index of securities of the smallest US companies whose market capitalization falls in the lowest 4% of the total market capitalization of the Eligible Market. The Eligible Market is composed of securities of US companies traded on the NYSE, NYSE MKT (formerly AMEX), and Nasdaq Global Market. Exclusions: Non-US companies, REITs, UITs, and Investment Companies. Source: CRSP and Compustat

Jan 1975 - Dec 1981: Dimensional US Micro Cap Index TR Composition: Market-capitalization-weighted index of securities of the smallest US companies whose market capitalization falls in the lowest 4% of the total market capitalization of the Eligible Market. The Eligible Market is composed of securities of US companies traded on the NYSE, NYSE MKT (formerly AMEX), and Nasdaq Global Market. Exclusions: Non-US companies, REITs, UITs, and Investment Companies and companies with the lowest profitability and highest relative price within the small cap universe. The index also excludes those companies with the highest asset growth within the small cap universe. Profitability is defined as operating income before depreciation and amortization minus interest expense divided by book equity. Asset growth is defined as change in total assets from the prior fiscal year to current fiscal year. Source: CRSP and Compustat

The Dimensional US Micro Cap Index TR has been retrospectively calculated by Dimensional Fund Advisors and did not exist prior to Mar 1st, 2007. Accordingly, the results shown during the periods prior to Mar 1st, 2007 do not represent actual returns of the Index. Other periods selected may have different results, including losses. Backtested index performance is hypothetical and is provided for informational purposes only to indicate historical performance had the index been calculated over the relevant time periods. Backtested performance results assume the reinvestment of dividends and capital gains. The index monthly returns are computed as the simple average of the monthly returns of 12 sub-indices, each one reconstituted once a year at the end of each month of the year. The Index is unmanaged and is not subject to fees and expenses typically associated with managed accounts or investment funds. Investments cannot be made directly in an index. Past performance is no guarantee of future results. The calculation methodology for the Dimensional US Micro Cap Index TR was amended on Jan 1st, 2014 to include profitability as a factor in selecting securities for inclusion in the index. The calculation methodology for the Dimensional US Micro Cap Index TR was amended in Dec 2019 to include asset growth as a factor in selecting securities for inclusion in the index. Dimensional Index data compiled by Dimensional. Our source data comes from many places including Dimensional Fund Advisors and Morningstar Direct software as indicated in the relevant tables and charts. Permission for sharing Dimensional Indexes is provided by Dimensional Fund Advisors LP in End User License Agreement for Returns Program, dated February 1, 2023. ©2023 Dimensional Fund Advisors.

DFA US Micro Cap Portfolio I (DFSCX):  Fact Sheet | Prospectus  Jan 1982 - Present: The US Micro Cap Portfolio, using a market capitalization weighted approach, is designed to purchase a broad and diverse group of the securities of US micro cap companies. Back-tested performance results assume the reinvestment of dividends and capital gains.

IFA US Small Cap Value Index TR

Time-Series Construction
Jan 1928 - Mar 1993: Dimensional US Small Cap Value Index TR minus 0.0258%/mo (net expense ratio)
Apr 1993 - Dec 2022: DFA US Small Cap Value Fund (DFSVX)
Jan 2023 - Present: Dimensional US Small Cap Value ETF (DFSV)

Definitions and other important information:

Dimensional US Small Cap Value Index TR:

DFA US Small Cap Value Portfolio I (DFSVX):  Fact Sheet | Prospectus  Apr 1993 - Dec 2022: The US Small Cap Value Portfolio, using a market capitalization weighted approach, is designed to purchase a broad and diverse group of the readily marketable securities of US small cap companies that Dimensional Fund Advisors LP (the 'Advisor') determines to be value stocks. Back-tested performance results assume the reinvestment of dividends and capital gains.

Dimensional US Small Cap Value ETF (DFSV):  Fact Sheet | Prospectus  Jan 2023 - Present: The Portfolio, using a market capitalization weighted approach, is designed to purchase a broad and diverse group of the readily marketable securities of U.S. small cap companies that the Advisor determines to be value stocks. The Portfolio may emphasize certain stocks, including smaller capitalization companies, lower relative price stocks, and/or higher profitability stocks as compared to their representation in the small-cap value segment of the U.S. market. As a non-fundamental policy, under normal circumstances, the Portfolio will invest at least 80% of its net assets in securities of small cap U.S. companies. As of the date of this Prospectus, for purposes of the Portfolio, the Advisor considers small cap companies to be companies whose market capitalizations are generally in the lowest 10% of total market capitalization or companies whose market capitalizations are smaller than the 1,000th largest U.S. company within the U.S. Universe, whichever results in the higher market capitalization break. Under the Advisor's market capitalization guidelines described above, based on market capitalization data as of Dec 31, 2022, the market capitalization of a small cap company would be below $7,650 million. This threshold will change due to market conditions. The Portfolio is an actively managed exchange-traded fund and does not seek to replicate the performance of a specific index and may have a higher degree of portfolio turnover than such index funds. Net Asset Value (NAV) returns derived from Morningstar Direct and Dimensional Fund Advisors Returns Program are used in the calculation of returns.

IFA Global REIT Index TR

Time-Series Construction
Jan 1928 - Dec 1977: 50% IFA Small Cap TR (SC) + 50% IFA Small Value TR (SV)
Jan 1978 - Jan 1993: Dow Jones US Select REIT Index minus 0.0183%/mo (net expense ratio)
Feb 1993 - Jun 2008: DFA Real Estate Fund (DFREX)
Jul 2008 - Dec 2022: DFA Global Real Estate Securities Portfolio (DFGEX)
Jan 2023 - Present: DFA Global Real Estate Fund (DFGR)

Definitions and other important information:

50% IFA Small Cap TR (SC) + 50% IFA Small Value TR (SV): Jan 1928 - Dec 1977: For Definitions see #3 IFA Small Cap TR Index (SC) and #5 IFA Small Value Index TR (SV) above.

Dow Jones US Select REIT Index:  Jan 1978 - Jan 1993: Dow Jones US Select REIT Index, Source: Dow Jones Indexes. Dow Jones Wilshire REIT Index, Source: Dow Jones Wilshire. Composition: US publicly traded Real Estate Investment Trusts weighted by float-adjusted market capitalization. Back-tested performance results assume the reinvestment of dividends and capital gains. Total Returns in USD. © 2023 S&P Dow Jones Indices LLC, a division of S&P Global. All rights reserved.

DFA Real Estate Fund (DFREX):  Factsheet | Prospectus  Feb 1993 - Jun 2008: The DFA Real Estate Securities Portfolio, using a market capitalization weighted approach, purchases readily marketable equity securities of companies whose principal activities include ownership, management, development, construction, or sale of residential, commercial or industrial real estate. The Portfolio will principally invest in equity securities of companies in certain real estate investment trusts ("REITs") and companies engaged in residential construction and firms, except partnerships, whose principal business is to develop commercial property. Back-tested performance results assume the reinvestment of dividends and capital gains.

DFA Global Real Estate Securities Portfolio (DFGEX):  Fact Sheet | Prospectus Jul 2008 - Dec 2022: The DFA Global Real Estate Securities Portfolio seeks to achieve exposure to a broad portfolio of securities of US and non-US companies in the real estate industry, with a focus on real estate investment trusts ("REITs") or companies that the Advisor considers to be REIT-like entities. The Portfolio invests in companies of all sizes. The Portfolio may pursue its investment objective by investing its assets in the DFA Real Estate Securities Portfolio, DFA International Real Estate Securities Portfolio (the "Underlying Funds"), and/or directly in securities of companies in the real estate industry. Back-tested performance results assume the reinvestment of dividends and capital gains.

DFA Global Real Estate ETF (DFGR):  Fact Sheet | Prospectus  Jan 2023 - Present: The Portfolio, using a market capitalization weighted approach, purchases a broad and diverse set of securities of U.S. and non-U.S. companies principally engaged in the real estate industry, including developed and emerging markets, with a particular focus on real estate investment trusts ("REITs") and companies the Advisor considers to be REIT-like entities. The Portfolio invests in companies of all sizes. As a non-fundamental policy, under normal circumstances, at least 80% of the Portfolio's net assets will be invested in securities of companies in the real estate industry. The Portfolio concentrates (i.e., invests more than 25% of its net assets) its investments in securities of companies in the real estate industry. The Portfolio generally considers a company to be principally engaged in the real estate industry if the company (i) derives at least 50% of its revenue or profits from the ownership, management, development, construction, or sale of residential, commercial, industrial, or other real estate; (ii) has at least 50% of the value of its assets invested in residential, commercial, industrial, or other real estate; or (iii) is organized as a REIT or REIT-like entity. The Portfolio intends to invest its assets to gain exposure to at least three different countries, including the United States. The Advisor will generally seek to set country weights based on the relative market capitalizations of eligible companies within each approved market. As of the date of the Prospectus, the Portfolio invests approximately 65% of its net assets in U.S. companies. This percentage will change due to market conditions. The Portfolio is an actively managed exchange traded fund and does not seek to replicate the performance of a specific index and may have a higher degree of portfolio turnover than such index funds. Net Asset Value (NAV) returns derived from Morningstar Direct and Dimensional Fund Advisors Returns Program are used in the calculation of returns.

IFA International Value Index TR

Time-Series Construction
Jan 1928 - Jun 1955: IFA US Large Value Index TR (LV)
Jul 1955 - Dec 1974: Dimensional UK Large Value minus 0.0225%/mo (net expense ratio)
Jan 1975 - Dec 1989: Fama/French International Value minus 0.0225%/mo
Jan 1990 - Feb 1994: Dimensional International Large Value Index TR minus 0.0225%/mo
Mar 1994 - Dec 2022: DFA International Value Fund (DFIVX)
Jan 2023 - Present: Dimensional International Value ETF (DFIV)

Definitions and other important information:

IFA US Large Value Index TR (LV): Jan 1928 - Jun 1955: For definition see #2 IFA US Large Value Index TR (LV) above.

Dimensional UK Large Value Index TR: Dec 1974: UK Large Value Index Source: Elroy Dimson, Stefan Nagel and Garrett Quigley Capturing the value premium in the UK, Financial Analysts Journal 2003, 59(6): 35-45. Created Returns, converted from GBP to USD using the WM/Reuters at 4 p.m. EST (closing spot), from PFPC exchange rate Country Code EX. Back-tested performance results assume the reinvestment of dividends and capital gains. Our source data comes from many places including Dimensional Fund Advisors and Morningstar Direct software as indicated in the relevant tables and charts. Permission for sharing Dimensional Indexes is provided by Dimensional Fund Advisors LP in End User License Agreement for Returns Program, dated February 1, 2023. ©2023 Dimensional Fund Advisors.

Fama/French International Value Index TR:  Jan 1975 - Feb 1994: Consists of companies whose relative price is in the bottom 30% for the region. The index is reconstituted once a year at the end of Dec. Simulated from MSCI and Bloomberg data. Fama/French data provided by Fama/French. Back-tested performance results assume the reinvestment of dividends and capital gains. Permission for sharing Fama/French index data provided by Kenneth French, dated March 17, 2023. ©2023 Kenneth R. French.

Dimensional International Large Value Index TR:  Jan 1990 - Feb 1994: Dimensional International Large Value Index TR: Consists of large cap companies in eligible markets whose relative price is in the bottom 30% of their country's large companies, after the exclusion of utilities and companies with either negative or missing relative price data. The index emphasizes companies with smaller capitalization, lower relative price, and higher profitability. The index also excludes those companies with the lowest profitability within their country's large value universe. Profitability is defined as operating income before depreciation and amortization minus interest expense divided by book equity. The index monthly returns are computed as the simple average of the monthly returns of four sub-indices, each one reconstituted once a year at the end of each quarter of the year. Maximum index weight of any one company is capped at 5%. Countries currently included are Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, and United Kingdom. Exclusions: REITs and Investment Companies. Source: Bloomberg

The Dimensional International Large Value Index TR has been retrospectively calculated by Dimensional Fund Advisors and did not exist prior to Apr 2008. Accordingly, the results shown during the periods prior to Apr 2008 do not represent actual returns of the Index. Backtested index performance is hypothetical and is provided for informational purposes only to indicate historical performance had the index been calculated over the relevant time periods. Backtested performance results assume the reinvestment of dividends and capital gains. The Index is unmanaged and is not subject to fees and expenses typically associated with managed accounts or investment funds. Investments cannot be made directly in an index. Past performance is no guarantee of future results. The calculation methodology for the Dimensional International Large Value Index TR was amended in Jan 2014 to include profitability as a factor in selecting securities for inclusion in the index. Dimensional Index data compiled by Dimensional. Our source data comes from many places including Dimensional Fund Advisors and Morningstar Direct software as indicated in the relevant tables and charts. Permission for sharing Dimensional Indexes is provided by Dimensional Fund Advisors LP in End User License Agreement for Returns Program, dated February 1, 2023. ©2023 Dimensional Fund Advisors.

DFA International Value Portfolio I (DFIVX):  Fact Sheet | Prospectus  Mar 1994 - Dec 2022: The DFA International Value Portfolio invests substantially all of its assets in the DFA International Value Series. The DFA International Value Series is designed to purchase securities of large non-US companies in countries with developed markets that Dimensional Fund Advisors LP (the 'Advisor') determines to be value stocks. Back-tested performance results assume the reinvestment of dividends and capital gains.

Dimensional International Value ETF (DFIV):  Fact Sheet | Prospectus  Jan 2023 - Present: The International Value ETF 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. The International Value ETF intends to purchase securities of large companies associated with developed market countries that the Advisor has designated as approved markets. The Advisor determines the minimum market capitalization of a large company with respect to each country or region in which the Portfolio invests. Based on market capitalization data as of Dec 31, 2022, for the Portfolio, the market capitalization of a large company in any country or region in which the Portfolio invests would be $1,325 million or above. This threshold will change due to market conditions. The International Value ETF is an actively managed exchange-traded fund and does not seek to replicate the performance of a specific index and may have a higher degree of portfolio turnover than such index funds. Net Asset Value (NAV) returns derived from Morningstar Direct and Dimensional Fund Advisors Returns Program are used in the calculation of returns.

IFA International Small Company Index TR

Time-Series Construction
Jan 1928 - Dec 1969: IFA Small Cap Index TR (SC)
Jan 1970 - Sep 1996: Dimensional International Small Cap Index TR minus 0.0325%/mo (net expense ratio)
October 1996 - Dec 2022: DFA International Small Company Portfolio I (DFISX)
Jan 2023 - Present: Dimensional International Small Cap ETF (DFIS)

Definitions and other important information:

IFA Small Cap Index TR (SC): Jan 1928 - Dec 1969: For definition see #2 IFA Small Cap Index TR (SC) above

Dimensional International Small Cap Index TR:  Jan 1970 - Jun 1981: 50% Hoare Govett Small Companies Index (hgsmall.ind), 50% Nomura Small Companies Index (nomura.ind)

Jul 1981 - Dec 1989: Created by Dimensional. Includes securities of MSCI EAFE countries in the bottom 10% of market capitalization, excluding the bottom 1%. All securities are market capitalization weighted. Each country is capped at 50%. Rebalanced semiannually.

Jan 1990 - Sep 1996: Dimensional International Small Cap Index TR: Market-capitalization-weighted Index of small company securities in the eligible markets, excluding those with the lowest profitability and highest relative price within their country's small cap universe. The index also excludes those companies with the highest asset growth within their country's small cap universe. Profitability is defined as operating income before depreciation and amortization minus interest expense divided by book equity. Asset growth is defined as change in total assets from the prior fiscal year to current fiscal year. The index monthly returns are computed as the simple average of the monthly returns of four sub-indices, each one reconstituted once a year at the end of each quarter of the year. Maximum index weight of any one company is capped at 5%. Countries currently included are Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, and United Kingdom. Exclusions: REITs and Investment Companies. Source: Bloomberg

The Dimensional International Small Cap Index TR has been retrospectively calculated by Dimensional Fund Advisors and did not exist prior to Apr 2008. Accordingly, the results shown during the periods prior to Apr 2008 do not represent actual returns of the Index. Backtested index performance is hypothetical and is provided for informational purposes only to indicate historical performance had the index been calculated over the relevant time periods. Backtested performance results assume the reinvestment of dividends and capital gains. The Index is unmanaged and is not subject to fees and expenses typically associated with managed accounts or investment funds. Investments cannot be made directly in an index. Past performance is no guarantee of future results. The calculation methodology for the Dimensional International Small Cap Index TR was amended in Jan 2014 to include profitability as a factor in selecting securities for inclusion in the index. The calculation methodology for the Dimensional International Small Cap Index TR was amended in Nov 2019 to include asset growth as a factor in selecting securities for inclusion in the index. Dimensional Index data compiled by Dimensional. Our source data comes from many places including Dimensional Fund Advisors and Morningstar Direct software as indicated in the relevant tables and charts. Permission for sharing Dimensional Indexes is provided by Dimensional Fund Advisors LP in End User License Agreement for Returns Program, dated February 1, 2023. ©2023 Dimensional Fund Advisors.

DFA International Small Company Portfolio I (DFISX):  Fact Sheet | Prospectus  October 1996 - Dec 2022: The International Small Company Portfolio is a "fund of funds" which means the Portfolio generally allocates its assets among other funds managed by Dimensional Fund Advisors LP (the 'Advisor') (the "Underlying Funds"), although it has the ability to invest directly in securities and derivatives. The International Small Company Portfolio is designed to provide investors with access to securities portfolios consisting of a broad range of equity securities of primarily small Canadian, Japanese, United Kingdom, Continental European and Asia Pacific companies. The Portfolio also may have some exposure to small capitalization equity securities associated with other countries or regions. Back-tested performance results assume the reinvestment of dividends and capital gains.

Dimensional International Small Cap ETF (DFIS):  Fact Sheet | Prospectus  Jan 2023 - Present: The Portfolio, using a market capitalization weighted approach, is designed to purchase securities of small, non-U.S. companies in countries with developed markets. The Portfolio intends to purchase securities of small companies associated with developed market countries 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 securities of small companies in the particular markets in which it invests. The Advisor determines the maximum market capitalization of a small company with respect to each country in which the Portfolio invests. Based on market capitalization data as of Dec 31, 2022, for the Portfolio, the market capitalization of a small company in any country in which the Portfolio invests would be below $8,202 million. This threshold will vary by country or region. These thresholds will change due to market conditions. The Portfolio is an actively managed exchange-traded fund and does not seek to replicate the performance of a specific index and may have a higher degree of portfolio turnover than such index funds. Net Asset Value (NAV) returns derived from Morningstar Direct and Dimensional Fund Advisors Returns Program are used in the calculation of returns.

IFA International Small Cap Value Index TR

Time-Series Construction
Jan 1928 - Dec 1969: IFA Small Cap Value TR (SV)
Jan 1970 - Jun 1981: IFA Int'l Small Company Index TR (IS)
Jul 1981 - Dec 1994: Dimensional Int'l Small Cap Value Index TR minus 0.035%/mo (net expense ratio)
Jan 1995 - Dec 2022: DFA Int'l Small Cap Value Portfolio I (DISVX)
Jan 2023 - Present: Dimensional International Small Cap Value ETF (DISV)

Definitions and other important information:

IFA Small Cap Value TR (SV): Jan 1928 - Dec 1969: For definition see #5 IFA Small Cap Value Index TR (SV) above.

IFA International Small Company Index TR (IS): Jan 1970 - Jun 1981: For definition see #8 IFA International Small Company Index TR (IS) above.

Dimensional International Small Cap Value Index TR:  Jul 1981 - Dec 1989: Created by Dimensional. Includes securities, of MSCI EAFE countries, in the top 30% of Book-to-Market by market capitalization conditional on the securities being in the bottom 10% of market capitalization, excluding the bottom 1%. All securities are market capitalization weighted. Each country is capped at 50%. Rebalanced semiannually. Jan 1990 - Dec 1994: Dimensional International Small Cap Value Index TR: Consists of small cap companies in eligible markets whose relative price is in the bottom 35% of their country's respective constituents, after the exclusion of utilities and companies with either negative or missing relative price data. The index excludes securities with the lowest profitability within their country's small cap universe. The index also excludes those companies with the highest asset growth within their country's small cap universe. Profitability is defined as operating income before depreciation and amortization minus interest expense divided by book equity. Asset growth is defined as change in total assets from the prior fiscal year to current fiscal year. The index monthly returns are computed as the simple average of the monthly returns of four sub-indices, each one reconstituted once a year at the end of each quarter of the year. Maximum index weight of any one company is capped at 5%. Countries currently included are Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, and United Kingdom. Exclusions: REITs and Investment Companies. Source: Bloomberg

The Dimensional International Small Cap Value Index TR has been retrospectively calculated by Dimensional Fund Advisors and did not exist prior to Apr 2008. Accordingly, the results shown during the periods prior to Apr 2008 do not represent actual returns of the Index. Backtested index performance is hypothetical and is provided for informational purposes only to indicate historical performance had the index been calculated over the relevant time periods. Backtested performance results assume the reinvestment of dividends and capital gains. The Index is unmanaged and is not subject to fees and expenses typically associated with managed accounts or investment funds. Investments cannot be made directly in an index. Past performance is no guarantee of future results. The calculation methodology for the Dimensional International Small Cap Value Index TR was amended in Jan 2014 to include profitability as a factor in selecting securities for inclusion in the index. The calculation methodology for the Dimensional International Small Cap Value Index TR was amended in Nov 2019 to include asset growth as a factor in selecting securities for inclusion in the index. Dimensional Index data compiled by Dimensional. Our source data comes from many places including Dimensional Fund Advisors and Morningstar Direct software as indicated in the relevant tables and charts. Permission for sharing Dimensional Indexes is provided by Dimensional Fund Advisors LP in End User License Agreement for Returns Program, dated February 1, 2023. ©2023 Dimensional Fund Advisors.

DFA International Small Cap Value Portfolio I (DISVX):  Fact Sheet | Prospectus  Jan 1995 - Dec 2022: The DFA International Small Cap Value Portfolio, using a market capitalization weighted approach, is designed to purchase securities of small, non-U.S. companies in countries with developed markets that Dimensional Fund Advisors LP (the "Advisor") determines to be value stocks at the time of purchase. Back-tested performance results assume the reinvestment of dividends and capital gains.

DFA International Small Cap Value ETF (DISV):  Fact Sheet | Prospectus  Jan 2023 - Present: The Portfolio, using a market capitalization weighted approach, is designed to purchase securities of small, non-U.S. companies in countries with developed markets that the Advisor determines to be value stocks at the time of purchase. The Portfolio intends to purchase securities of small value companies associated with developed market countries 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 securities of small companies in the particular markets in which it invests. The Advisor determines the maximum market capitalization of a small company with respect to each country in which the Portfolio invests. Based on market capitalization data as of Dec 31, 2022, for the Portfolio, the market capitalization of a small company in any country in which the Portfolio invests would be below $8,202 million. This threshold will vary by country or region. These thresholds will change due to market conditions. The Portfolio is an actively managed exchange-traded fund and does not seek to replicate the performance of a specific index and may have a higher degree of portfolio turnover than such index funds. Net Asset Value (NAV) returns derived from Morningstar Direct and Dimensional Fund Advisors Returns Program are used in the calculation of returns.

IFA Emerging Market Index TR

Time-Series Construction
Jan 1928 - Dec 1969: 50% IFA US Large Value TR (LV) + 50% IFA US Small Cap TR (SC)
Jan 1970 - Dec 1988: 50% IFA International Value TR (IV) + 50% IFA International Small TR (IS)
Jan 1989 - Apr 1994: Fama/French Emerging Markets Index TR minus minus 0.0292%/mo (net expense ratio)
May 1994 - Dec 2022: DFA Emerging Markets Fund (DFEMX)
Jan 2023 - Present: DFA Emerging Core Equity Market ETF (DFAE)

Definitions and other important information:

50% IFA US Large Value Index TR (LV) + 50% IFA US Small Cap Index TR (SC): Jan 1928 - Dec 1969: For definitions see #2 IFA US Large Value TR (LV) and #3 IFA US Small Cap TR (SC) above.

50% IFA International Value TR (IV) + 50% IFA International Small TR (IS): Jan 1970 - Dec 1988: For definitions see #7 IFA International Value Index TR (IV) and #8 IFA International Small Index TR (IS) above.

Fama/French Emerging Markets Index TR:  Jan 1989 - Apr 1994: Fama/French Emerging Markets Value Index TR Courtesy of Fama/French from Bloomberg and IFC securities data. Includes stocks in the upper 30% book-to-market range in each country; companies weighted by float-adjusted market cap; rebalanced annually in Jun. Total Returns in USD. Back-tested performance results assume the reinvestment of dividends and capital gains. Fama/French and multifactor data provided by Fama/French. Permission for sharing Fama/French index data provided by Kenneth French, dated March 17, 2023. ©2023 Kenneth R. French.

DFA Emerging Markets Portfolio I (DFEMX):  Fact Sheet | Prospectus  May 1994 - Dec 2022: The Emerging Markets Portfolio invests substantially all of its assets in the Emerging Markets Series. The Emerging Markets Series is designed to purchase a broad market coverage of larger companies associated with emerging markets, which may include frontier markets (emerging market countries in an earlier stage of development), authorized for investment by the Advisor's Investment Committee ("Approved Markets"). Back-tested performance results assume the reinvestment of dividends and capital gains.

DFA Emerging Core Equity Market ETF (DFAE):  Fact Sheet | Prospectus  Jan 2023 - Present: The Emerging Markets Core ETF Portfolio is designed to purchase a broad and diverse group of readily marketable emerging markets securities that is composed of companies within the Emerging Markets Universe that meet the Advisor's investment criteria. The Portfolio will invest in companies of all sizes, with increased exposure to smaller capitalization, lower relative price, and higher profitability companies as compared to their representation in the Emerging Markets Universe. As a non-fundamental policy, under normal circumstances, the Portfolio will invest at least 80% of its net assets in emerging market equity investments that are defined in the Prospectus as Approved Market Securities. The Emerging Markets Core ETF is an actively managed exchange traded fund and does not seek to replicate the performance of a specific index and may have a higher degree of portfolio turnover than such index funds. Net Asset Value (NAV) returns derived from Morningstar Direct and Dimensional Fund Advisors Returns Program are used in the calculation of returns.

IFA Emerging Market Value Index TR

Time-Series Construction
Jan 1928 - Dec 1969: IFA U.S. Small Cap Value Index TR (SV)
Jan 1970 - Dec 1988: IFA Emerging Markets Index TR (EM)
Jan 1989 - Apr 1998: Dimensional Emerging Value Index TR minus 0.0358%/mo (net expense ratio)
May 1998 - Dec 2022: DFA Emerging Markets Value Fund (DFEVX)
Jan 2023 - Present: DFA Emerging Markets Value ETF (DFEV)

Definitions and other important information:

IFA U.S. Small Cap Value Index TR (SV): Jan 1928 - Dec 1969: For defintion see #5 IFA U.S. Small Cap Value Index TR (SV) above.

IFA Emerging Markets Index TR (EM): Jan 1970 - Dec 1988: For definition see #10 IFA Emerging Markets Index TR (EM) above.

Dimensional Emerging Value Index TR:  Jan 1989 - Apr 1998: Consists of companies whose relative price is in the bottom 33% of their country's respective constituents, after the exclusion of utilities and companies with either negative or missing relative price data. The index emphasizes companies with smaller capitalization, lower relative price, and higher profitability, excluding those with the lowest profitability within their country's small cap universe. The index also excludes those companies with the highest asset growth within their country's small cap universe. Profitability is defined as operating income before depreciation and amortization minus interest expense divided by book equity. Asset growth is defined as change in total assets from the prior fiscal year to current fiscal year. The index monthly returns are computed as the simple average of the monthly returns of four sub-indices, each one reconstituted once a year at the end of each quarter of the year. Maximum index weight of any one company is capped at 5%. Countries currently included are Brazil, Chile, China, Colombia, Czech Republic, Hungary, India, Indonesia, Malaysia, Mexico, Peru, Philippines, Poland, South Africa, South Korea, Taiwan, Thailand, and Turkey. Exclusions: REITs and Investment Companies. Source: Bloomberg The Dimensional Emerging Markets Value Index TR has been retrospectively calculated by Dimensional Fund Advisors and did not exist prior to Apr 2008. Accordingly, the results shown during the periods prior to Apr 2008 do not represent actual returns of the Index. Backtested index performance is hypothetical and is provided for informational purposes only to indicate historical performance had the index been calculated over the relevant time periods. Backtested performance results assume the reinvestment of dividends and capital gains. The Index is unmanaged and is not subject to fees and expenses typically associated with managed accounts or investment funds. Investments cannot be made directly in an index. Past performance is no guarantee of future results. The calculation methodology for the Dimensional Emerging Markets Value Index TR was amended in Jan 2014 to include profitability as a factor in selecting securities for inclusion in the index. The calculation methodology for the Dimensional Emerging Markets Value Index TR was amended in Nov 2019 to include asset growth as a factor in selecting securities for inclusion in the index. Dimensional Index data compiled by Dimensional. Our source data comes from many places including Dimensional Fund Advisors and Morningstar Direct software as indicated in the relevant tables and charts. Permission for sharing Dimensional Indexes is provided by Dimensional Fund Advisors LP in End User License Agreement for Returns Program, dated February 1, 2023. ©2023 Dimensional Fund Advisors.

DFA Emerging Markets Value Portfolio I (DFEVX):  Fact Sheet | Prospectus  May 1998 - Dec 2022: The Emerging Markets Value Portfolio invests substantially all of its assets in the Emerging Markets Value Fund. The Emerging Markets Value Fund is designed to purchase emerging market equity securities that are deemed by the Advisor to be value stocks at the time of purchase and associated with emerging markets, which may include frontier markets (emerging market countries in an earlier stage of development), authorized for investment by the Advisor's Investment Committee ("Approved Markets"). Back-tested performance results assume the reinvestment of dividends and capital gains.

DFA Emerging Markets Value ETF (DFEV):  Fact Sheet | Prospectus  Jan 2023 - Present: The Portfolio is designed to purchase emerging market equity securities that are deemed by the Advisor to be value stocks at the time of purchase, which may include frontier markets (emerging market countries in an earlier stage of development), authorized for investment by the Advisor's Investment Committee ("Approved Markets"). As a non-fundamental policy, under normal circumstances, the Portfolio will invest at least 80% of its net assets in emerging markets investments that are defined in the Prospectus as Approved Markets securities. The Portfolio may purchase emerging market equity securities across all market capitalizations. The Portfolio is an actively managed exchange-traded fund and does not seek to replicate the performance of a specific index and may have a higher degree of portfolio turnover than such index funds. Net Asset Value (NAV) returns derived from Morningstar Direct and Dimensional Fund Advisors Returns Program are used in the calculation of returns.

IFA Emerging Market Small Cap Index TR

Time-Series Construction
Jan 1928 - Dec 1969: IFA U.S. Small Cap Index TR (SC)
Jan 1970 - Dec 1988: IFA Emerging Markets Index TR (EM)
Jan 1989 - Mar 1998: Fama/French Emerging Markets Small minus 0.0492%/mo (net expense ratio)
Apr 1998 - Present: DFA Emerging Markets Small Fund (DEMSX)

Definitions and other important information:

IFA U.S. Small Cap Index TR (SC): Jan 1928 - Dec 1969: For definition see #3 IFA U.S. Small Cap Index TR (SC) above.

IFA Emerging Markets Index TR (EM): Jan 1970 - Dec 1988: For definition see #10 IFA Emerging Markets Index TR (EM) above.

Fama/French Emerging Markets Small Index TR:  Jan 1989 - Mar 1998: Courtesy of Fama/French from Bloomberg and IFC securities data. Includes stocks in the bottom 10% of aggregate marketcap in each country; companies weighted by float-adjusted market cap; rebalanced annually in Jun. Total Returns in USD. Back-tested performance results assume the reinvestment of dividends and capital gains. Fama/French and multifactor data provided by Fama/French. Permission for sharing Fama/French index data provided by Kenneth French, dated March 17, 2023. ©2023 Kenneth R. French.

DFA Emerging Markets Small Cap Portfolio I (DEMSX):  Fact Sheet | Prospectus  Apr 1998 - Present: The Emerging Markets Small Cap Portfolio invests substantially all of its assets in the Emerging Markets Small Cap Series. The Series is designed to purchase a broad market coverage of smaller companies associated with emerging markets, which may include frontier markets (emerging market countries in an earlier stage of development), authorized for investment by the Advisor's Investment Committee ("Approved Markets"). Back-tested performance results assume the reinvestment of dividends and capital gains.

IFA One-Year Fixed Income Index TR

Time-Series Construction
Jan 1928 - Jun 1963: One-Month T-Bills minus 0.0108%/mo (net expense ratio)
Jul 1963 - Jul 1983: ICE BofAML 1-Year US Treasury Note Index minus 0.0108%/mo (net expense ratio)
Aug 1983 - Present: DFA U.S. One Year Fixed Income Fund (DFIHX)

Definitions and other important information:

One-Month T-Bills Index:  Jan 1928 - Jun 1963: One-Month US Treasury Bills. Back-tested performance results assume the reinvestment of earnings. Source: Morningstar Former Source: Stocks, Bonds, Bills, And Inflation, Chicago: Ibbotson And Sinquefield, 1986. Currency: USD. Mutual fund universe statistical data and non-Dimensional money managers' fund data provided by Morningstar, Inc.

ICE BofAML 1-Year US Treasury Note Index:  Jul 1963 - Jul 1983: Back-tested performance results assume the reinvestment of earnings. CRSP/DFA. Total Returns in USD. Source: ICE Data Indices, LLC GC03 Index. Currency: USD. ICE BofAML index data copyright 2022 ICE Data Indices, LLC.

DFA One-Year Fixed Income Portfolio (DFIHX):  Fact Sheet | Prospectus  Aug 1983 - Present: The One-Year Portfolio seeks to achieve its investment objective by generally investing in a universe of high quality fixed income securities that typically mature in one year or less from the date of settlement. The Portfolio may, however, take a large position in securities maturing within two years from the date of settlement when higher yields are available. The Portfolio invests in U.S. government obligations, U.S. government agency obligations, dollar-denominated obligations of foreign issuers issued in the U.S., securities of domestic or foreign issuers denominated in U.S. dollars but not trading in the U.S., foreign government and agency obligations, bank obligations, including U.S. subsidiaries and branches of foreign banks, corporate obligations, commercial paper, repurchase agreements, money market funds and obligations of supranational organizations. Back-tested performance results assume the reinvestment of earnings.

IFA Two-Year Global Fixed Income Index TR

Time-Series Construction
Jan 1928 - Jun 1977: Five-Year T-Notes minus 0.0142%/mo (net expense ratio)
Jul 1977 - Dec 1989: ICE BofAml US Treasury Index 1-3 Year minus 0.0142%/mo
Jan 1990 - Feb 1996: FTSE World Government Bond Index 1-3 Years (hedged to USD) minus 0.0142%/mo
Mar 1996 - Present: DFA 2-Year Global Fixed Income Fund (DFGFX)

Definitions and other important information:

Five-Year T-Notes Index:  Jan 1928 - Jun 1977: Five-Year US Treasury Notes. Back-tested performance results assume the reinvestment of earnings. Source: Morningstar. Former Source: Ibbotson Intermediate. Five Year Treasury Notes. Currency: USD. Mutual fund universe statistical data and non-Dimensional money managers' fund data provided by Morningstar, Inc.

ICE BofAml US Treasury Index 1-3 Year:  Jul 1977 - Dec 1989: ICE BofAML 1-3 Year US Treasury Index. Jul 1977 - October 2017: BofA Merrill Lynch US Treasury Index 1-3 Years. Actual and back-tested performance results assume the reinvestment of earnings. Total Returns in USD. Source: ICE Data Indices, LLC G1O2 Index. Currency: USD. ICE BofA. ML index data copyright 2022 ICE Data Indices, LLC.

FTSE World Government Bond Index 1-3 Years (hedged to USD):  Jan 1990 - Feb 1996: FTSE World Government Bond Index 1-3 Years (hedged to USD) Total Returns Hedged to USD. Actual and back-tested performance results assume the reinvestment of earnings. Source: FTSE. FTSE fixed income indices © 2022 FTSE Fixed Income LLC. All rights reserved.

DFA Two-Year Global Fixed Income Portfolio (DFGFX):  Fact Sheet | Prospectus  Mar 1996 - Present: The Two-Year Global Portfolio seeks to maximize total returns from a universe of U.S. and foreign debt securities maturing in three years or less from the date of settlement. The Portfolio invests in obligations issued or guaranteed by the U.S. and foreign governments, their agencies and instrumentalities, corporate debt obligations, bank obligations, commercial paper, repurchase agreements, money market funds, securities of domestic or foreign issuers denominated in U.S. dollars but not trading in the United States, and obligations of supranational organizations. Back-tested performance results assume the reinvestment of earnings.

IFA Short Term Government Index TR

Time-Series Construction
Jan 1928- Dec 1972: Five Year T-notes minus 0.0142%/mo (net expense ratio)
Jan 1973 - Jun 1987: Bloomberg U.S. Government Bond Index Intermediate minus 0.0167%/mo
Jul 1987 - Present: DFA Short-Term Government Portfolio (DFFGX)

Definitions and other important information:

Five-Year T-Notes Index:  Jan 1928 - Dec 1972: Five-Year US Treasury Notes. Actual and back-tested performance results assume the reinvestment of earnings. Source: Morningstar. Former Source: Ibbotson Intermediate. Five Year Treasury Notes. Currency: USD. Mutual fund universe statistical data and non-Dimensional money managers' fund data provided by Morningstar, Inc.

Bloomberg U.S. Government Bond Index Intermediate:  Jan 1973 - Jun 1987: Bloomberg Barclays U.S. Government Bond Index Intermediate. Nov 2008 - Aug 2016: Barclays U.S. Government Bond Index Intermediate Jan 1973 - October 2008: Lehman Intermediate Government Bond Index Intermediate. Total Returns in USD. Maturity: 1-10 Years. Back-tested performance results assume the reinvestment of earnings. Source: Bloomberg. Currency: USD. Bloomberg Barclays data provided by Bloomberg Finance L.P.

DFA Short-Term Government Portfolio (DFFGX):  Fact Sheet | Prospectus  Jul 1987 - Present: The Short-Term Government Portfolio seeks to maximize total returns from a universe of obligations of the U.S. Government and its agencies maturing in five years or less from the date of settlement. The credit quality of the securities purchased by the Portfolio will be that of the U.S. Government or its agencies. Back-tested performance results assume the reinvestment of earnings.

IFA Five-Year Global Fixed Income Index TR

Time-Series Construction
Jan 1928 - Nov 1990: IFA Short Term Government Index (3G)
Dec 1990 - Present: DFA Five-Year Global Fixed Income Fund (DFGBX)

Definitions and other important information:

IFA Short Term Government Index (3G): Jan 1928 - Nov 1990: For definition see #15 IFA Short Term Government Index (3G) above. Actual and back-tested performance results assume the reinvestment of earnings.

DFA Five-Year Global Fixed Income Portfolio (DFGBX):  Fact Sheet | Prospectus  Dec 1990 - Present: The Five-Year Global Portfolio seeks to achieve its investment objective by generally investing in a universe of U.S. and foreign debt securities maturing in five years or less from the date of settlement. The Portfolio primarily invests in obligations issued or guaranteed by the U.S. and foreign governments, their agencies and instrumentalities, corporate debt obligations, bank obligations, commercial paper, repurchase agreements, money market funds, securities of domestic or foreign issuers denominated in U.S. dollars but not trading in the United States, and obligations of supranational organizations. Back-tested performance results assume the reinvestment of earnings. Our source data comes from many places including Dimensional Fund Advisors and Morningstar Direct software as indicated in the relevant tables and charts. Permission for sharing Dimensional Indexes is provided by Dimensional Fund Advisors LP in End User License Agreement for Returns Program, dated February 1, 2023. ©2023 Dimensional Fund Advisors.

IFA SP 500 Index TR

Time-Series Construction
Jan 1928 - Sep 1999: Dimensional US Large Cap Index TR Minus 0.0075%/mo (net expense ratio)
October 1999 - Jun 2017: DFA US Large Company Fund (DFUSX)
Jul 2017 - Dec 2022: Schwab S&P 500 Index (SWPPX)
Jan 2023 - Present: Dimensional US Equity ETF (DFUS)

Definitions and other important information:

Dimensional US Large Cap Index TR:  Jan 1928 - Sep 1999: Dimensional US Large Cap Index TR Composition: Market-capitalization-weighted index of securities of the largest US companies whose market capitalization falls in the highest 90% of the total market capitalization of the Eligible Market. The Eligible Market is composed of securities of US companies traded on the NYSE, NYSE MKT (formerly AMEX), and Nasdaq Global Market. Exclusions: Non-US companies, REITs, UITs, and Investment Companies. Source: CRSP and Compustat.

The Dimensional US Large Cap Index TR has been retrospectively calculated by Dimensional Fund Advisors and did not exist prior to Mar 1st, 2007. Accordingly, the results shown during the periods prior to Mar 1st, 2007 do not represent actual returns of the Index. Other periods selected may have different results, including losses. Backtested index performance is hypothetical and is provided for informational purposes only to indicate historical performance had the index been calculated over the relevant time periods. Backtested performance results assume the reinvestment of dividends and capital gains. The index monthly returns are computed as the simple average of the monthly returns of 12 sub-indices, each one reconstituted once a year at the end of each month of the year. The Index is unmanaged and is not subject to fees and expenses typically associated with managed accounts or investment funds. Investments cannot be made directly in an index. Past performance is no guarantee of future results. Dimensional Index data compiled by Dimensional. Our source data comes from many places including Dimensional Fund Advisors and Morningstar Direct software as indicated in the relevant tables and charts. Permission for sharing Dimensional Indexes is provided by Dimensional Fund Advisors LP in End User License Agreement for Returns Program, dated February 1, 2023. ©2023 Dimensional Fund Advisors.

DFA US Large Company Fund (DFUSX):  Factsheet | Prospectus  October 1999 - Jun 2017: The US Large Company Portfolio generally invests in the stocks that comprise the S&P 500 Index in approximately the proportions they are represented in the S&P 500 Index. The S&P 500 Index comprises a broad and diverse group of stocks. Generally, these are the US stocks with the largest market capitalizations and, as a group, they generally represent approximately 80% of the total market capitalization of all publicly traded US stocks. For the Portfolio, the Advisor considers the stocks that comprise the S&P 500 Index to be those of large companies. Under normal market conditions, at least 95% of the Portfolio's net assets will be invested in the stocks that comprise the S&P 500 Index. As a non-fundamental policy, under normal circumstances, the Portfolio will invest at least 80% of its net assets in securities of large US companies.

Schwab S&P 500 Index (SWPPX):  Fact Sheet | Prospectus  Jul 2017 - Dec 2022: The fund's goal is to track the total return of the S&P 500® Index. To pursue its goal, the fund generally invests in stocks that are included in the S&P 500 Index. It is the fund's policy that under normal circumstances it will invest at least 80% of its net assets (including, for this purpose, any borrowings for investment purposes) in these stocks; typically, the actual percentage is considerably higher. The fund will notify its shareholders at least 60 days before changing this policy. The fund generally will seek to replicate the performance of the index by giving the same weight to a given stock as the index does. The fund may invest in derivatives, principally futures contracts, and lend its securities to minimize the gap in performance that naturally exists between any index fund and its corresponding index. The fund may concentrate its investments (i.e., hold 25% or more of its total assets) in an industry or group of industries to the extent that the index the fund is designed to track is also so concentrated. Actual and back-tested performance results assume the reinvestment of dividends and capital gains.

Dimensional US Equity ETF (DFUS):  Fact Sheet | Prospectus  Jan 2023 - Present: Dimensional Fund Advisors LP's (the "Advisor") tax management strategies for the US Equity ETF are designed to maximize the after tax value of a shareholder's investment. Generally, 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 US Equity ETF, using a market capitalization weighted approach, is designed to generally purchase a broad and diverse group of equity securities of U.S. companies. As a non-fundamental policy, under normal circumstances, the US Equity ETF will invest at least 80% of its net assets in securities of U.S. companies. The Advisor considers companies of all market capitalizations for purchase by the Portfolio. The US Equity ETF is an actively managed exchange-traded fund and does not seek to replicate the performance of a specific index and may have a higher degree of portfolio turnover than such index funds. Net Asset Value (NAV) returns derived from Morningstar Direct and Dimensional Fund Advisors Returns Program are used in the calculation of returns.

IFA World Index TR

Time-Series Construction
Jan 1928 - Present: IFA Full Equity TR (100/0) Index Portfolio minus 0.075%/mo (advisor exp ratio)

Definitions and other important information:

IFA World Index: A globally diversified IFA proprietary all equity mutual fund portfolio seeking to achieve long-term capital appreciation. Includes IFA Large Company TR, IFA Large Value TR, IFA Small US Small Cap TR, IFA Small Cap Value TR, IFA Global REIT TR, IFA International Value TR, IFA International Small TR, IFA International Small Value TR, IFA Emerging Markets TR, IFA Emerging Markets Value TR, and IFA Emerging Market Small Index TR. Actual and back-tested performance results assume the reinvestment of dividends and capital gains.

IFA NSDQ Index TR

Time-Series Construction
Jan 1928 - Jan 1973: Fama/French US Small Growth Research Index
Feb 1973 - Sep 2003: NASDAQ Composite Index
Oct 2003 - Present: Nasdaq Composite Total Return (XCMP) (Source: Morningstar)

Definitions and other important information:

Fama/French US Small Growth Research Index TR:  Jan 1928 - Jan 1973: Composition: The index portfolios for Jul of year t to Jun t+1 include all NYSE, AMEX, and NASDAQ stocks for which we have market equity for Dec t-1 and Jun of t, and (positive) book-to-market equity data for fiscal year ending in t-1. Exclusions: ADRs, Investment Companies, Tracking Stocks, non-US incorporated companies, Closed-end funds, Certificates, Shares of Beneficial Interests, and negative book values. Sources: CRSP databases for returns and market capitalization: 1926 - present. Compustat and hand-collected book values: 1926 - present. CRSP links to Compustat and hand-collected links: 1926 - present. Breakpoints:"The size breakpoint is the market capitalization of the median NYSE firm, so the big and small categories contain the same number of eligible NYSE firms.The BtM breakpoints split the eligible NYSE firms with positive book equity into three categories: 30% of the eligible NYSE firms with positive BE are in Low (Growth), 40% are in Medium (Neutral), and 30% are in High (Value)" Rebalancing: Annual (at the end of Jun) 1926-Present Fama/French and multifactor data provided by Fama/French. Permission for sharing Fama/French index data provided by Kenneth French, dated March 17, 2023. ©2023 Kenneth R. French.

NASDAQ Composite Index: Feb 1973 - Sep 2003: The Nasdaq Composite Index is the market capitalization-weighted index of common equities listed on the Nasdaq stock exchange. The types of securities in the index include American depositary receipts, common stocks, real estate investment trusts (REITs) and tracking stocks, as well as limited partnership interests.

Nasdaq Composite Total Return (XCMP): Oct 2003 - Present: The Nasdaq Composite Index is the market capitalization-weighted index of common equities listed on the Nasdaq stock exchange. The types of securities in the index include American depositary receipts, common stocks, real estate investment trusts (REITs) and tracking stocks, as well as limited partnership interests.

IFA U.S. Total Market Index TR

Time-Series Construction
Jan 1928 - Apr 1992: Dimensional US Market Index TR minus 0.0025%/mo (mutual fund exp ratio)
May 1992 - Present: Vanguard US Total Market Index Inst'l (VITSX)

Definitions and other important information:

Dimensional US Market Index TR:

Jan 1928 - Apr 1992: Dimensional US Market Index TR Composition: Market-capitalization-weighted index of securities of all US companies. The Eligible Market is composed of securities of US companies traded on the NYSE, NYSE MKT (formerly AMEX), and Nasdaq Global Market. Exclusions: Non-US companies, REITs, UITs, and Investment Companies. Source: CRSP and Compustat.

The Dimensional US Market Index TR has been retrospectively calculated by Dimensional Fund Advisors and did not exist prior to Mar 1st, 2007. Accordingly, the results shown during the periods prior to Mar 1st, 2007 do not represent actual returns of the Index. Other periods selected may have different results, including losses. Backtested index performance is hypothetical and is provided for informational purposes only to indicate historical performance had the index been calculated over the relevant time periods. Backtested performance results assume the reinvestment of dividends and capital gains. The index monthly returns are computed as the simple average of the monthly returns of 12 sub-indices, each one reconstituted once a year at the end of each month of the year. The Index is unmanaged and is not subject to fees and expenses typically associated with managed accounts or investment funds. Investments cannot be made directly in an index. Past performance is no guarantee of future results. Dimensional Index data compiled by Dimensional. Our source data comes from many places including Dimensional Fund Advisors and Morningstar Direct software as indicated in the relevant tables and charts. Permission for sharing Dimensional Indexes is provided by Dimensional Fund Advisors LP in End User License Agreement for Returns Program, dated February 1, 2023. ©2023 Dimensional Fund Advisors.

Vanguard US Total Market Index (VITSX):  Fact Sheet | Prospectus May 1992 - Present: The Fund seeks to track the performance of a benchmark index that measures the investment return of the overall stock market. The Fund employs an indexing investment approach designed to track the performance of the CRSP US Total Market Index, which represents approximately 100% of the investable U.S. stock market and includes large-, mid-, small-, and micro-cap stocks regularly traded on the New York Stock Exchange and Nasdaq. The Fund invests by sampling the Index, meaning that it holds a broadly diversified collection of securities that, in the aggregate, 2 approximates the full Index in terms of key characteristics. Actual performance results assume the reinvestment of dividends and capital gains.

IFA U.S. Large Growth Index TR

Time-Series Construction
Jan 1928 - Dec 1974: Fama/French US Large Growth Research Index Index minus 0.0033%/mo (mutual fund exp ratio)
Jan 1975 - Nov 1992: Dimensional US Large Growth Index minus 0.0033%/mo
Dec 1992 - Present: Vanguard Growth Index Inst'l (VIGIX)

Definitions and other important information:

Fama/French US Large Growth Research Index TR:  Jan 1928 - Dec 1974: Composition: The index portfolios for Jul of year t to Jun t+1 include all NYSE, AMEX, and NASDAQ stocks for which we have market equity for Dec t-1 and Jun of t, and (positive) book-to-market equity data for fiscal year ending in t-1. Exclusions: ADRs, Investment Companies, Tracking Stocks, non-US incorporated companies, Closed-end funds, Certificates, Shares of Beneficial Interests, and negative book values. Sources: CRSP databases for returns and market capitalization: 1926 - present. Compustat and hand-collected book values: 1926 - present. CRSP links to Compustat and hand-collected links: 1926 - present. Breakpoints: The size breakpoint is the market capitalization of the median NYSE firm, so the big and small categories contain the same number of eligible NYSE firms.The BtM breakpoints split the eligible NYSE firms with positive book equity into three categories: 30% of the eligible NYSE firms with positive BE are in Low (Growth), 40% are in Medium (Neutral), and 30% are in High (Value). Rebalancing: Annual (at the end of Jun) 1926-Present Fama/French and multifactor data provided by Fama/French. Permission for sharing Fama/French index data provided by Kenneth French, dated March 17, 2023. ©2023 Kenneth R. French.

Dimensional US Large Growth Index TR:  Jan 1975 - Nov 1992: Composition: Consists of companies with market capitalizations above the 1000th name whose relative price is in the top 50% of the all large cap companies after the exclusion of utilities, companies lacking financial data, and companies with negative relative price. The Index emphasizes companies with higher profitability, lower relative price, and lower market capitalization. Profitability is defined as operating income before depreciation and amortization minus interest expense divided by book equity. The Eligible Market is composed of securities of US companies traded on the NYSE, NYSE MKT (formerly AMEX), and Nasdaq Global Market. Exclusions: Non-US companies, REITs, UITs, and Investment Companies. Source: CRSP and Compustat. Our source data comes from many places including Dimensional Fund Advisors and Morningstar Direct software as indicated in the relevant tables and charts. Permission for sharing Dimensional Indexes is provided by Dimensional Fund Advisors LP in End User License Agreement for Returns Program, dated February 1, 2023. ©2023 Dimensional Fund Advisors.

Vanguard Growth Index (VIGIX):  Fact Sheet | Prospectus Dec 1992 - Present: The Fund seeks to track the performance of a benchmark index that measures the investment return of large-capitalization growth stocks. The Fund employs an indexing investment approach designed to track the performance of the CRSP US Large Cap Growth Index, a broadly diversified index predominantly made up of growth stocks of large U.S. companies. The Fund attempts to replicate the target index by investing all, or substantially all, of assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index. Actual performance results assume the reinvestment of dividends and capital gains.

IFA U.S. Small Growth Index TR

Time-Series Construction
Jan 1928 - May 1998: Fama/French Small Growth Research Index minus 0.005%/mo (mutual fund exp ratio)
Jun 1998 - Present: Vanguard Small-Cap Growth Index Inst'l (VSGIX)

Definitions and other important information:

Fama/French Small Growth Research Index TR:  Jan 1928 - May 1998: Composition: The index portfolios for Jul of year t to Jun t+1 include all NYSE, AMEX, and NASDAQ stocks for which we have market equity for Dec t-1 and Jun of t, and (positive) book-to-market equity data for fiscal year ending in t-1. Exclusions: ADRs, Investment Companies, Tracking Stocks, non-US incorporated companies, Closed-end funds, Certificates, Shares of Beneficial Interests, and negative book values. Sources: CRSP databases for returns and market capitalization: 1926 - present. Compustat and hand-collected book values: 1926 - present. CRSP links to Compustat and hand-collected links: 1926 - present. Breakpoints:"The size breakpoint is the market capitalization of the median NYSE firm, so the big and small categories contain the same number of eligible NYSE firms.The BtM breakpoints split the eligible NYSE firms with positive book equity into three categories: 30% of the eligible NYSE firms with positive BE are in Low (Growth), 40% are in Medium (Neutral), and 30% are in High (Value)" Rebalancing: Annual (at the end of Jun) 1926-Present Fama/French and multifactor data provided by Fama/French. Permission for sharing Fama/French index data provided by Kenneth French, dated March 17, 2023. ©2023 Kenneth R. French.

Vanguard Small-Cap Growth Index (VSGIX):  Fact Sheet | Prospectus Jun 1998 - Present: The Fund seeks to track the performance of a benchmark index that measures the investment return of small-capitalization growth stocks. The Fund employs an indexing investment approach designed to track the performance of the CRSP US Small Cap Growth Index, a broadly diversified index of growth stocks of small U.S. companies. The Fund attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the Index, holding each stock in approximately the same proportion as its weighting in the Index. Actual performance results assume the reinvestment of dividends and capital gains.

Dimensional US Small Cap Index TR

Definitions and other important information:

Dimensional US Small Cap Index TR: was created by Dimensional in Mar 2007 and is compiled by Dimensional. It represents a market-capitalization-weighted index of securities of the smallest US companies whose market capitalization falls in the lowest 8% of the total market capitalization of the Eligible Market. The Eligible Market is composed of securities of US companies traded on the NYSE, NYSE MKT (formerly AMEX), and Nasdaq Global Market. Exclusions: Non-US companies, REITs, UITs, and Investment Companies and companies with the lowest profitability and highest relative price within the small cap universe. The index also excludes those companies with the highest asset growth within the small cap universe. Profitability is defined as operating income before depreciation and amortization minus interest expense divided by book equity. Asset growth is defined as change in total assets from the prior fiscal year to current fiscal year. Source: CRSP and Compustat. The index monthly returns are computed as the simple average of the monthly returns of 12 sub-indices, each one reconstituted once a year at the end of each month of the year. The Index is unmanaged and is not subject to fees and expenses typically associated with managed accounts or investment funds. Investments cannot be made directly in an index. Past performance is no guarantee of future results. The calculation methodology for the Dimensional US Small Cap Index TR was amended on Jan 1, 2014, to include profitability as a factor in selecting securities for inclusion in the index. Actual and back-tested performance results assume the reinvestment of dividends and capital gains. The calculation methodology for the Dimensional US Small Cap Index TR was amended in Dec 2019 to include asset growth as a factor in selecting securities for inclusion in the index. Our source data comes from many places including Dimensional Fund Advisors and Morningstar Direct software as indicated in the relevant tables and charts. Permission for sharing Dimensional Indexes is provided by Dimensional Fund Advisors LP in End User License Agreement for Returns Program, dated February 1, 2023. ©2023 Dimensional Fund Advisors.

Dimensional US High Profitability Index TR

Definitions and other important information:

Dimensional US High Profitability Index TR: was created by Dimensional in Jan 2014 and represents an Index consisting of US companies. It is compiled by Dimensional. Dimensional sorts stocks into three profitability groups from high to low. Each group represents one-third of the market capitalization. Similarly, stocks are sorted into three relative price groups. The intersections of the three profitability groups and the three relative price groups yield nine subgroups formed on profitability and relative price. The index represents the average return of the three high-profitability subgroups. It is rebalanced twice per year. Profitability is measured as operating income before depreciation and amortization minus interest expense scaled by book. Source: CRSP and Compustat. Actual and back-tested performance results assume the reinvestment of dividends and capital gains. Our source data comes from many places including Dimensional Fund Advisors and Morningstar Direct software as indicated in the relevant tables and charts. Permission for sharing Dimensional Indexes is provided by Dimensional Fund Advisors LP in End User License Agreement for Returns Program, dated February 1, 2023. ©2023 Dimensional Fund Advisors.

Dimensional US Low Profitability Index TR

Definitions and other important information:

Dimensional US Low Profitability Index TR: was created by Dimensional in Jan 2014 and represents an Index consisting of US companies. It is compiled by Dimensional. Dimensional sorts stocks into three profitability groups from high to low. Each group represents one-third of the market capitalization. Similarly, stocks are sorted into three relative price groups. The intersections of the three profitability groups and the three relative price groups yield nine subgroups formed on profitability and relative price. The index represents the average return of the three low-profitability subgroups. It is rebalanced twice per year. Profitability is measured as operating income before depreciation and amortization minus interest expense scaled by book. Source: CRSP and Compustat. Actual and back-tested performance results assume the reinvestment of dividends and capital gains. Our source data comes from many places including Dimensional Fund Advisors and Morningstar Direct software as indicated in the relevant tables and charts. Permission for sharing Dimensional Indexes is provided by Dimensional Fund Advisors LP in End User License Agreement for Returns Program, dated February 1, 2023. ©2023 Dimensional Fund Advisors.

Dimensional International Small Cap Index TR

Definitions and other important information:

Dimensional International Small Cap Index TR: was created by Dimensional in Apr 2008 and is compiled by Dimensional. Jul 1981-Dec 1993: It Includes securities of MSCI EAFE countries in the bottom 10% of market capitalization, excluding the bottom 1%. All securities are market capitalization weighted. Each country is capped at 50%. Rebalanced semiannually. Jan 1994 - Present: Market-capitalization-weighted index of small company securities in the eligible markets excluding those with the lowest profitability and highest relative price within their country's small cap universe. The index also excludes those companies with the highest asset growth within their country's small cap universe. Profitability is defined as operating income before depreciation and amortization minus interest expense divided by book equity. Asset growth is defined as change in total assets from the prior fiscal year to current fiscal year. The index monthly returns are computed as the simple average of the monthly returns of four sub-indices, each one reconstituted once a year at the end of each quarter of the year. Maximum index weight of any one company is capped at 5%. Countries currently included are Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, and United Kingdom. Exclusions: REITs and Investment Companies Source: Bloomberg. The calculation methodology for the Dimensional International Small Cap Index TR was amended in Jan 2014 to include profitability as a factor in selecting securities for inclusion in the index. The calculation methodology for the Dimensional International Small Cap Index TR was amended in Nov 2019 to include asset growth as a factor in selecting securities for inclusion in the index. Back-tested performance results assume the reinvestment of dividends and capital gains. Our source data comes from many places including Dimensional Fund Advisors and Morningstar Direct software as indicated in the relevant tables and charts. Permission for sharing Dimensional Indexes is provided by Dimensional Fund Advisors LP in End User License Agreement for Returns Program, dated February 1, 2023. ©2023 Dimensional Fund Advisors.

Dimensional International Large Value Index TR

Definitions and other important information:

Dimensional International Small Cap Index TR:  Jan 1970 - Jun 1981: 50% Hoare Govett Small Companies Index (hgsmall.ind), 50% Nomura Small Companies Index (nomura.ind)

Jul 1981 - Dec 1989: Created by Dimensional. Includes securities of MSCI EAFE countries in the bottom 10% of market capitalization, excluding the bottom 1%. All securities are market capitalization weighted. Each country is capped at 50%. Rebalanced semiannually.

Jan 1990 - Sep 1996: Dimensional International Small Cap Index TR: Market-capitalization-weighted Index of small company securities in the eligible markets, excluding those with the lowest profitability and highest relative price within their country's small cap universe. The index also excludes those companies with the highest asset growth within their country's small cap universe. Profitability is defined as operating income before depreciation and amortization minus interest expense divided by book equity. Asset growth is defined as change in total assets from the prior fiscal year to current fiscal year. The index monthly returns are computed as the simple average of the monthly returns of four sub-indices, each one reconstituted once a year at the end of each quarter of the year. Maximum index weight of any one company is capped at 5%. Countries currently included are Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, and United Kingdom. Exclusions: REITs and Investment Companies. Source: Bloomberg

The Dimensional International Small Cap Index TR has been retrospectively calculated by Dimensional Fund Advisors and did not exist prior to Apr 2008. Accordingly, the results shown during the periods prior to Apr 2008 do not represent actual returns of the Index. Backtested index performance is hypothetical and is provided for informational purposes only to indicate historical performance had the index been calculated over the relevant time periods. Backtested performance results assume the reinvestment of dividends and capital gains. The Index is unmanaged and is not subject to fees and expenses typically associated with managed accounts or investment funds. Investments cannot be made directly in an index. Past performance is no guarantee of future results. The calculation methodology for the Dimensional International Small Cap Index TR was amended in Jan 2014 to include profitability as a factor in selecting securities for inclusion in the index. The calculation methodology for the Dimensional International Small Cap Index TR was amended in Nov 2019 to include asset growth as a factor in selecting securities for inclusion in the index. Dimensional Index data compiled by Dimensional. Our source data comes from many places including Dimensional Fund Advisors and Morningstar Direct software as indicated in the relevant tables and charts. Permission for sharing Dimensional Indexes is provided by Dimensional Fund Advisors LP in End User License Agreement for Returns Program, dated February 1, 2023. ©2023 Dimensional Fund Advisors.

Dimensional International Low Profitability Index TR

Definitions and other important information:

Dimensional International Low Profitability Index TR: was created by Dimensional in Jan 2013 and represents an Index consisting of non-US developed companies. It is compiled by Dimensional. Dimensional sorts stocks into three profitability groups from high to low. Each group represents one-third of the market capitalization of each eligible country. Similarly, stocks are sorted into three relative price groups. The intersections of the three profitability groups and the three relative price groups yield nine subgroups formed on profitability and relative price. The index represents the average return of the three low-profitability subgroups. The index is rebalanced twice per year. Profitability is measured as operating income before depreciation and amortization minus interest expense scaled by book. Source: Bloomberg. Actual and back-tested performance results assume the reinvestment of dividends and capital gains. Our source data comes from many places including Dimensional Fund Advisors and Morningstar Direct software as indicated in the relevant tables and charts. Permission for sharing Dimensional Indexes is provided by Dimensional Fund Advisors LP in End User License Agreement for Returns Program, dated February 1, 2023. ©2023 Dimensional Fund Advisors.

Dimensional International High Profitability Index TR

Definitions and other important information:

Dimensional International High Profitability Index TR: was created by Dimensional in Jan 2013 and represents an Index consisting of non-US developed companies. It is compiled by Dimensional. Dimensional sorts stocks into three profitability groups from high to low. Each group represents one-third of the market capitalization of each eligible country. Similarly, stocks are sorted into three relative price groups. The intersections of the three profitability groups and the three relative price groups yield nine subgroups formed on profitability and relative price. The index represents the average return of the three high-profitability subgroups. The index is rebalanced twice per year. Profitability is measured as operating income before depreciation and amortization minus interest expense scaled by book. Source: Bloomberg. Actual and back-tested performance results assume the reinvestment of dividends and capital gains. Our source data comes from many places including Dimensional Fund Advisors and Morningstar Direct software as indicated in the relevant tables and charts. Permission for sharing Dimensional Indexes is provided by Dimensional Fund Advisors LP in End User License Agreement for Returns Program, dated February 1, 2023. ©2023 Dimensional Fund Advisors.

Dimensional Emerging Markets Index TR

Definitions and other important information:

Dimensional Emerging Markets Index TR  January 1990 - Present: Dimensional Emerging Markets Index TR: Market cap-weighted Index of all securities in the eligible markets. The index monthly returns are computed as the simple average of the monthly returns of four sub-indices, each one reconstituted once a year at the end of each quarter of the year. Maximum index weight of any one company is capped at 5%. Countries currently included are Brazil, Chile, China, Colombia, Czech Republic, Hungary, India, Indonesia, Malaysia, Mexico, Peru, Philippines, Poland, South Africa, South Korea, Taiwan, Thailand, and Turkey. Exclusions: REITs and Investment Companies. Source: Bloomberg.

The Dimensional Emerging Markets Index TR has been retrospectively calculated by Dimensional Fund Advisors and did not exist prior to April 2008. Accordingly, the results shown during the periods prior to April 2008 do not represent actual returns of the Index. Backtested index performance is hypothetical and is provided for informational purposes only to indicate historical performance had the index been calculated over the relevant time periods. Backtested performance results assume the reinvestment of dividends and capital gains. The Index is unmanaged and is not subject to fees and expenses typically associated with managed accounts or investment funds. Investments cannot be made directly in an index. Past performance is no guarantee of future results. Dimensional Index data compiled by Dimensional. Our source data comes from many places including Dimensional Fund Advisors and Morningstar Direct software as indicated in the relevant tables and charts. Permission for sharing Dimensional Indexes is provided by Dimensional Fund Advisors LP in End User License Agreement for Returns Program, dated February 1, 2023. ©2023 Dimensional Fund Advisors.

Dimensional Emerging Markets Low Profitability Index TR

Definitions and other important information:

Dimensional Emerging Markets Low Profitability Index TR:  was created by Dimensional in Apr 2013 and represents an Index consisting of emerging markets companies and is compiled by Dimensional. Dimensional sorts stocks into three profitability groups from high to low. Each group represents one-third of the market capitalization of each eligible country. Similarly, stocks are sorted into three relative price groups. The intersections of the three profitability groups and the three relative price groups yield nine subgroups formed on profitability and relative price. The index represents the average return of the three low-profitability subgroups. The index is rebalanced twice per year. Profitability is measured as operating income before depreciation and amortization minus interest expense scaled by book. Source: Bloomberg. Actual and back-tested performance results assume the reinvestment of dividends and capital gains. Our source data comes from many places including Dimensional Fund Advisors and Morningstar Direct software as indicated in the relevant tables and charts. Permission for sharing Dimensional Indexes is provided by Dimensional Fund Advisors LP in End User License Agreement for Returns Program, dated February 1, 2023. ©2023 Dimensional Fund Advisors.

Dimensional Emerging Markets High Profitability Index TR

Definitions and other important information:

Dimensional Emerging Markets High Profitability Index TR: was created by Dimensional in Apr 2013 and represents an Index consisting of emerging markets companies and is compiled by Dimensional. Dimensional sorts stocks into three profitability groups from high to low. Each group represents one-third of the market capitalization of each eligible country. Similarly, stocks are sorted into three relative price groups. The intersections of the three profitability groups and the three relative price groups yield nine subgroups formed on profitability and relative price. The index represents the average return of the three high-profitability subgroups. The index is rebalanced twice per year. Profitability is measured as operating income before depreciation and amortization minus interest expense scaled by book. Source: Bloomberg. Actual and back-tested performance results assume the reinvestment of dividends and capital gains. Our source data comes from many places including Dimensional Fund Advisors and Morningstar Direct software as indicated in the relevant tables and charts. Permission for sharing Dimensional Indexes is provided by Dimensional Fund Advisors LP in End User License Agreement for Returns Program, dated February 1, 2023. ©2023 Dimensional Fund Advisors.

Dimensional Emerging Markets Small Cap Index TR

Definitions and other important information:

Dimensional Emerging Markets Small Cap Index TR: was created by Dimensional in Apr 2008 and is compiled by Dimensional. Jan 1989–Dec 1993: Fama/French Emerging Markets Small Cap Index TR. Jan 1994–Present: Dimensional Emerging Markets Small Index TR Composition: Market-capitalization-weighted index of small company securities in the eligible markets excluding those with the lowest profitability and highest relative price within the small cap universe. Profitability is measured as operating income before depreciation and amortization minus interest expense scaled by book. The index monthly returns are computed as the simple average of the monthly returns of four sub-indices, each one reconstituted once a year at the end of a different quarter of the year. Source: Bloomberg. The calculation methodology for the Dimensional Emerging Markets Small Cap Index TR was amended on Jan 1, 2014, to include profitability as a factor in selecting securities for inclusion in the index. Actual and back-tested performance results assume the reinvestment of dividends and capital gains. Our source data comes from many places including Dimensional Fund Advisors and Morningstar Direct software as indicated in the relevant tables and charts. Permission for sharing Dimensional Indexes is provided by Dimensional Fund Advisors LP in End User License Agreement for Returns Program, dated February 1, 2023. ©2023 Dimensional Fund Advisors.

Fama/French Total US Market Research Index TR

Definitions and other important information:

Fama/French Total US Market Research Index TR: Jul 1926 - Present: Fama/French Total US Market Research Factor + One-Month US Treasury Bills. Fama/French and multifactor data provided by Fama/French. Back-tested performance results assume the reinvestment of dividends and capital gains. Permission for sharing Fama/French index data provided by Kenneth French, dated March 17, 2023. ©2023 Kenneth R. French.

Fama/French US Value Research Index TR

Definitions and other important information:

Fama/French US Value Research Index TR: Jul 1926 - Present: Composition: The index portfolios for Jul of year t to Jun t+1 include all NYSE, AMEX, and NASDAQ stocks for which we have market equity for Dec t-1 and Jun of t, and (positive) book-to-market equity data for fiscal year ending in t-1. Exclusions: ADRs, Investment Companies, Tracking Stocks, non-US incorporated companies, Closed-end funds, Certificates, Shares of Beneficial Interests, and negative book values. Sources: CRSP databases for returns and market capitalization: 1926 - present. Compustat and hand-collected book values: 1926 - present. CRSP links to Compustat and hand-collected links: 1926 - present. Breakpoints: The BtM breakpoints split the eligible NYSE firms with positive book equity into three categories: 30% of the eligible NYSE firms with positive BE are in Low (Growth), 40% are in Medium (Neutral), and 30% are in High (Value). Rebalancing: Annual (at the end of Jun) 1926 to present. Fama/French and multifactor data provided by Fama/French. Back-tested performance results assume the reinvestment of dividends and capital gains. Permission for sharing Fama/French index data provided by Kenneth French, dated March 17, 2023. ©2023 Kenneth R. French.

Fama/French US Growth Research Index TR

Definitions and other important information:

Fama/French US Growth Research Index TR: Jul 1926 - Present: Composition: The index portfolios for Jul of year t to Jun t+1 include all NYSE, AMEX, and NASDAQ stocks for which we have market equity for Dec t-1 and Jun of t, and (positive) book-to-market equity data for fiscal year ending in t-1. Exclusions: ADRs, Investment Companies, Tracking Stocks, non-US incorporated companies, Closed-end funds, Certificates, Shares of Beneficial Interests, and negative book values. Sources: CRSP databases for returns and market capitalization: 1926 - present. Compustat and hand-collected book values: 1926 - present. CRSP links to Compustat and hand-collected links: 1926 - present. Breakpoints: The BtM breakpoints split the eligible NYSE firms with positive book equity into three categories: 30% of the eligible NYSE firms with positive BE are in Low (Growth), 40% are in Medium (Neutral), and 30% are in High (Value). Rebalancing: Annual (at the end of Jun) 1926 to present Fama/French and multifactor data provided by Fama/French. Back-tested performance results assume the reinvestment of dividends and capital gains. Permission for sharing Fama/French index data provided by Kenneth French, dated March 17, 2023. ©2023 Kenneth R. French.

Fama/French International Value Index TR

Definitions and other important information:

Fama/French International Value Index TR: Jan 1975 - Present: Fama/French International Value Index TR Consists of companies whose relative price is in the bottom 30% for the region. The index is reconstituted once a year at the end of Dec. Source: Ken French website. Simulated from MSCI and Bloomberg data. Fama/French and multifactor data provided by Fama/French. Back-tested performance results assume the reinvestment of dividends and capital gains. Permission for sharing Fama/French index data provided by Kenneth French, dated March 17, 2023. ©2023 Kenneth R. French.

Fama/French International Growth Index TR

Definitions and other important information:

Fama/French International Growth Index TR: Jan 1975 - Present: Fama/French International Growth Index TR Consists of companies whose relative price is in the top 30% for the region. The index is reconstituted once a year at the end of Dec. Source: Ken French website. Simulated from MSCI and Bloomberg data. Fama/French and multifactor data provided by Fama/French. Back-tested performance results assume the reinvestment of dividends and capital gains. Permission for sharing Fama/French index data provided by Kenneth French, dated March 17, 2023. ©2023 Kenneth R. French.

Fama/French Emerging Markets Value Index TR

Definitions and other important information:

Fama/French Emerging Markets Value Index TR: Jul 1989 - Present: Fama/French Emerging Markets Value Index TR Courtesy of Fama/French from Bloomberg and IFC securities data. Includes stocks in the upper 30% book-to-market range in each country; companies weighted by float-adjusted market cap; rebalanced annually in Jun. Fama/French and multifactor data provided by Fama/French. Total Returns in USD. Back-tested performance results assume the reinvestment of dividends and capital gains. Permission for sharing Fama/French index data provided by Kenneth French, dated March 17, 2023. ©2023 Kenneth R. French.

Fama/French Emerging Markets Growth Index TR

Definitions and other important information:

Fama/French Emerging Markets Growth Index TR: Jul 1989 - Present: Fama/French Emerging Markets Growth Index TR Courtesy of Fama/French from Bloomberg and IFC securities data. Includes stocks in the bottom 30% book-to-market range in each country; companies weighted by float-adjusted market cap; rebalanced annually in Jun. Total Returns in USD. Fama/French and multifactor data provided by Fama/French. Back-tested performance results assume the reinvestment of dividends and capital gains. Permission for sharing Fama/French index data provided by Kenneth French, dated March 17, 2023. ©2023 Kenneth R. French.