AADR vs DFIC: Grades, Fees and Holdings Compared

AdvisorShares Dorsey Wright

AADRDNasdaq

Dimensional International Core Equity 2 ETF

DFICACboe

Overlap

1.6%by weight

Expense ratio

DFIC −0.88pt a year

AADR1.10%DFIC0.22%

Avg volume · 30D

DFIC 759.2×the volume

AADR2.44KDFIC1.85M

3Y return · a year

DFIC +1.1pt

AADR+20.6%DFIC+21.7%

AADR vs DFIC Performance

Oct 31, 2025 – Oct 30, 2026

−4.6%AADR+16.8%DFIC

Expense ratio: AADR 1.10%; DFIC 0.22%, better
Fund size: AADR $34M; DFIC $15.3B
1Y total return: AADR −4.6%; DFIC +16.8%, better
Yield (12M): AADR 1.19%; DFIC 2.55%, better
Holdings: AADR 37; DFIC 4152
Avg volume (30D): AADR 2.44K sh; DFIC 1.85M sh, better
NAV per share: AADR $80.05; DFIC $37.56
52W range

ETF.net Grade

Pillar letters and Scores for AADR, DFIC, with each pillar’s weight
Pillar	AADR	DFIC
Cost30% weight	F4	A98Higher
Mission25% weight	Not scored	A100
Risk15% weight	F10	B69Higher
Tradability15% weight	B61	A81Higher
Holdings10% weight	C47	A91Higher
Durability5% weight	B58	A91Higher

Rank among International Active Equity funds

How we build Categories ›

Same Category. AADR and DFIC are both graded against the same 55 International Active Equity funds, so their Grades compare head to head.

International Active Equity⁠

Category · 55 funds

See all 55 ›

DFIC ranks 1st and AADR 53rd of 55 funds in the International Active Equity Category.

Rank 1AAVDEAvantis International Equity ETFScore 87
Rank 1ADFICDimensional International Core Equity 2 ETFScore 87
Rank 3AJIREJPMorgan International Research Enhanced Equity ETFScore 79
Rank 52DDUKXOcean Park International ETFScore 26
Rank 53DAADRAdvisorShares Dorsey WrightScore 25
Rank 53DPRAEPlanRock Alternative Growth ETFScore 25

Our read on each fund

ETF.net Research

AADRDAdvisorShares Dorsey Wright

DFICADimensional International Core Equity 2 ETF

In short

AADR Most international funds buy the whole market and sit still. AADR runs a Dorsey Wright relative-strength playbook instead: rank stocks on momentum, hold about 40 of the leaders, and rotate out of the laggards.

DFIC No data

Stated mandate

AADR The Fund seeks long-term capital appreciation above international benchmarks such as the MSCI EAFE Index.

DFIC No data

Why people hold it

AADR The momentum bet is the product, not a tilt. Its relative-strength screen is openly advertised, and the stated goal is capital appreciation above international benchmarks like the MSCI EAFE Index.advisorshares.com
Concentrated on purpose: roughly 40 names spanning developed and emerging markets, so individual picks carry real weight instead of getting diluted across hundreds of positions.
Live since 2010, giving the relative-strength approach a long public record across several very different international market cycles. Distributions come quarterly.

DFIC No data

Worth knowing

AADR At 1.17% a year, it costs roughly double the typical active international equity fund, and index-flavored peers like AVDE and DFIC charge a small fraction of that.
A small fund that trades thinly, so bid-ask spreads can run wider than the category's heavyweights.
Momentum leadership rotates. A concentrated book chasing relative strength can turn over often and move very differently from broad EAFE exposure in either direction.

DFIC No data

Full AADR profile⁠

Full DFIC profile⁠

AADR vs DFIC Holdings

How AADR and DFIC differ

Overlap by weight

1.6%

Shared holdings make up 39.6% of AADR and 1.6% of DFIC.

Level by level

Holdings14 in both1.6%
Countryby domicile45.0%
Sector11 Sectors78.5%
Asset classEquity100%

Sector

Sector weights in AADR and DFIC, widest gap first
Sector	More in AADRMore in DFIC	AADR	DFIC
Health Care	AADR +13.2 points	20.4%	7.2%
Industrials	DFIC +6.8 points	12.5%	19.3%
Consumer Discretionary	DFIC +6.5 points	2.9%	9.4%
Technology	AADR +4.0 points	12.4%	8.4%
Financials	DFIC +3.6 points	18.2%	21.8%
Energy	AADR +3.3 points	11.1%	7.8%
Consumer Staples	DFIC +2.2 points	4.1%	6.3%
Real Estate	DFIC +1.6 points	0.0%	1.6%
Communication	AADR +0.9 points	5.0%	4.1%
Utilities	DFIC +0.7 points	2.5%	3.2%
Materials	DFIC +0.3 points	10.7%	11.0%

Country, concentration and asset class

Country by domicile

Country weights in AADR and DFIC, widest gap first
Country	More in AADRMore in DFIC	AADR	DFIC
Japan	DFIC +14.1 points	10.3%	24.4%
United States	AADR +13.8 points	15.0%	1.2%
Canada	DFIC +11.6 points	0.0%	11.6%
Pakistan	AADR +6.6 points	6.6%	0.0%
France	DFIC +6.1 points	0.0%	6.1%
Taiwan	AADR +6.0 points	6.0%	0.0%
Brazil	AADR +5.2 points	5.2%	0.0%
Germany	DFIC +5.0 points	2.3%	7.3%
Other countries (23)	AADR +5.2 points	54.5%	49.3%

Outside the US: AADR 61% developed, 39% emerging. DFIC 98% developed, 2% emerging.

Concentration

Weight in the 10 largest Holdings

AADR35.9%
DFIC7.1%

Securities held

AADR37
DFIC4,131

Asset class

AADR: Equity
DFIC: Equity

Holdings

Only in AADR23
In both14
Only in DFIC4,117

Only in AADR

23 securities, 60.4% of AADR by weight

Mitsubishi Ufj Finl-Spon Adr4.75%
Taiwan Semiconductor-Sp Adr3.46%
Sasol Ltd-Sponsored Adr3.31%
Cia De Minas Buenaventur-Adr3.13%
Veon Ltd3.12%
Ascendis Pharma A/S3.10%
Argenx SE - Adr3.01%
Ultrapar Particpac-Spon Adr2.58%
Eni Spa-Sponsored Adr2.57%
Petroleo Brasileiro-Spon Adr2.54%
Rolls-Royce Holdings-Sp Adr2.52%
Nokia Corp-Spon Adr2.51%
Bayer Ag-Sponsored Adr2.45%
Copa Holdings Sa-Class A2.37%
Danaos Corp2.37%
Invesco Govt Agency Priv 19032.33%
Coca-Cola Femsa Sab-Sp Adr2.17%
Sk Telecom Co Ltd-Spon Adr2.15%
Abb Ltd-Spon Adr2.12%
Fomento Economico Mex-Sp Adr2.09%
Ase Technology Holding -Adr2.01%
Murata Manufactur-Unspon Adr1.97%
Compass Pathways PLC1.81%

Only in DFIC

4,117 securities, 97.9% of DFIC by weight

Shell PLC1.15%
Asml Holding NV1.09%
Totalenergies SE0.76%
Roche Holding AG0.70%
Nestle SA0.64%
Royal Bank of Canada0.64%
Allianz SE0.49%
Toyota Motor Corp0.46%
Bp PLC0.44%
Suncor Energy Inc.0.41%
Bhp Group Ltd0.39%
Rolls-Royce Holdings PLC0.39%
Hsbc Holdings PLC0.39%
Deutsche Telekom AG0.38%
Canadian Natural Resource0.37%
Toronto-Dominion Bank0.37%
Bayer AG0.36%
Mitsubishi Ufj Financial0.36%
Unicredit Spa0.34%
Sony Group Corp0.33%
Basf SE0.33%
Astrazeneca PLC0.33%
Advantest Corp0.33%
Hitachi Ltd0.31%
Tesco PLC0.31%
Infineon Technologies AG0.31%
Dhl AG0.30%
Recruit Holdings Co Ltd0.30%
Eni Spa0.30%
E.on SE0.29%
Rio Tinto PLC0.29%
Engie SA0.28%
Cenovus Energy Inc0.27%
Repsol SA0.27%
Siemens AG0.26%
Orange SA0.26%
National Bank of Canada0.25%
Muenchener Rueckversicher0.25%
Bhp Group Ltd0.25%
Tokyo Electron Ltd0.24%
Siemens Energy AG0.24%
Intact Financial Corp0.24%
Dbs Group Holdings Ltd0.23%
Standard Chartered PLC0.23%
Zurich Insurance Group AG0.23%
Barrick Mining Corp0.23%
Vinci SA0.22%
Barclays PLC0.22%
Tokio Marine Holdings Inc0.22%
Cie De Saint-Gobain0.22%

Weight gaps

All 14 Holdings in both funds, largest gap first.

Holding weights in AADR and DFIC, widest gap first
Holding	More in AADRMore in DFIC	AADR	DFIC
Banco Bilbao Vizcaya-Sp AdrBBVA	AADR +4.07 points	4.48%	0.41%
Genmab A/S -Sp AdrGMAB	AADR +3.85 points	3.85%	<0.01%
Barclays Plc-Spons AdrBCS	AADR +3.43 points	3.47%	0.04%
Sumitomo Mitsui-Spons AdrSMFG	AADR +3.18 points	3.26%	0.08%
Equinor Asa-Spon AdrEQNR	AADR +3.12 points	3.13%	<0.01%
Teva Pharmaceutical Ind LtdTEVA	AADR +2.95 points	2.99%	0.04%
Elbit Systems LtdESLT	AADR +2.86 points	2.87%	0.01%
Vodafone Group Plc-Sp AdrVOD	AADR +2.61 points	2.61%	<0.01%
Wpp Plc-Sponsored AdrWPP	AADR +2.41 points	2.41%	<0.01%
Aercap Holdings NVAER	AADR +2.37 points	2.37%	<0.01%
Intercontinental Hotels-AdrIHG	AADR +2.31 points	2.36%	0.05%
Novartis Ag-Sponsored AdrNVS	AADR +2.04 points	2.80%	0.76%
Arcelormittal-Ny RegisteredMT	AADR +1.54 points	1.63%	0.09%
Stmicroelectronics Nv-Ny ShsSTM	AADR +1.27 points	1.41%	0.14%

All 37 AADR holdings⁠All 4,139 DFIC holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

AADR vs DFIC Cost

Overpaying AADR vs DFIC

$15,733

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

AADR 1.10%
$20,291
DFIC 0.22%
$4,558

Amount$10,000

Years30 years

Cost over time

AADR 1.10%
DFIC 0.22%
Overpaying

Year by year

Year	AADR	DFIC	Overpaying
10	$1,931	$401	$1,530
20	$7,225	$1,561	$5,664
30	$20,291	$4,558	$15,733

Expense ratio

1.10%AADR
0.22%DFIC, cheaper

DFIC0.22%AADR1.10%

0.00%1.49%

Middle half of International Active Equity funds
Median 0.55%

DFIC 2nd cheapest of 55 funds

AADR 53rd cheapest of 55 funds

AADR vs DFIC Dividends

Last 12 months to Oct 30, 2026

Yield (12M): AADR 1.19%; DFIC 2.55%, better
Payout (12M): AADR $0.95; DFIC $0.96
Last payment: AADR $0.36; DFIC $0.19
Ex-dividend: AADR Sep 22, 2026; DFIC Sep 22, 2026
Paid on: AADR Sep 29, 2026; DFIC Sep 24, 2026
Frequency: AADR Quarterly; DFIC Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

AADRQuarterly · 28 paymentsAll AADR payments⁠

DFICQuarterly · 18 paymentsAll DFIC payments⁠

AADR vs DFIC Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: AADR 15.7%DFIC 11.9%, better
Return per unit of riskSharpe ratio, 3 years: AADR 1.00DFIC 1.35, better
Worst fallMax drawdown, 5 years: AADR −31.9%DFIC −24.4%since Mar 2022
Market sensitivityBeta, 5 years: AADR 0.92DFIC 0.92; Market = 1

AADR and DFIC in the news

All news⁠

ETF Filings
Causeway files its first ETFs into a 0.22% to 0.39% category, its own fee blank
Sep 18, 2026DFIC

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AADR vs DFIC

In short

Stated mandate

Why people hold it

Worth knowing

How AADR and DFIC differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in AADR

Only in DFIC

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

Causeway files its first ETFs into a 0.22% to 0.39% category, its own fee blank

How AADR and DFIC differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in AADR

Only in DFIC

Weight gaps