DFIV Fees and Costs — Dimensional International Value ETF
Data updated: 2026-09-24
The net expense ratio is 0.27%: a 0.25% management fee plus 0.02% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $639K in broker commissions, 0.0060% of average net assets, and portfolio turnover was 6%.
DFIV Fees and Expenses
Annual operating expenses and sales charges of DFIV. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.25% |
| 12b-1 fee | — |
| Other expenses | 0.02% |
| Gross expense ratio | 0.27% |
| Fee waiver | — |
| Net expense ratio | 0.27% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
DFIV Costs Over Time
On $10,000 invested in DFIV, assuming 5% a year before costs, total costs come to $175 over 5 years, cutting the return by 0.29% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.27%) | $28 | $89 | $156 |
| Trading costs (broker commissions) | $1 | $2 | $3 |
| Lost growth on money paid in costs | $0 | $4 | $16 |
| Total costs | $29 | $96 | $175 |
| Value after costs | $10,471 | $11,481 | $12,588 |
| Impact on return, per year | 0.29% | 0.29% | 0.29% |
DFIV Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0060%
- Total broker commissions: $639K
- Bought from dealers (principal trades, not a cost): $3.3B
- Portfolio turnover (prospectus): 6%
- Securities on loan, average value: $300.4M
- Net income from securities lending: $2.0M (0.018% of average net assets)
DFIV Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Instinet, LLC | $181K | 28.33% |
| Jefferies LLC | $167K | 26.05% |
| Virtu Americas LLC | $164K | 25.59% |
| UBS Securities LLC | $61K | 9.50% |
| Goldman Sachs & Co. LLC | $37K | 5.81% |
| BofA Securities, Inc. | $9K | 1.39% |
| Citigroup Global Markets Inc. | $8K | 1.24% |
| Loop Capital Markets LLC | $7K | 1.13% |
| Rosenblatt Securities Inc. | $4K | 0.63% |
| J.P. Morgan Securities LLC | $2K | 0.33% |
DFIV Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $2.1B | 64.19% |
| UBS Securities LLC | $434.9M | 13.11% |
| J.P. Morgan Securities LLC | $400.4M | 12.07% |
| Virtu Americas LLC | $228.8M | 6.90% |
| Jane Street Capital, LLC | $66.1M | 1.99% |
| Goldman Sachs & Co. LLC | $57.4M | 1.73% |
| Citigroup Global Markets Inc. | $234K | 0.01% |
| Jarden Securities Limited | $102K | 0.00% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.