DFIC vs QLTI: Grades, Fees and Holdings Compared

Dimensional International Core Equity 2 ETF

DFICACboe

GMO International Quality ETF

QLTICNYSE Arca

Overlap

2.2%by weight

Expense ratio

DFIC −0.38pt a year

DFIC0.22%QLTI0.60%

Avg volume · 30D

DFIC 97.4×the volume

DFIC1.85MQLTI19K

DFIC vs QLTI Performance

Oct 31, 2025 – Oct 30, 2026

+16.8%DFIC+7.5%QLTI

Expense ratio: DFIC 0.22%, better; QLTI 0.60%
Fund size: DFIC $15.3B; QLTI $283M
1Y total return: DFIC +16.8%, better; QLTI +7.5%
Yield (12M): DFIC 2.55%, better; QLTI 0.21%
Holdings: DFIC 4152; QLTI 38
Avg volume (30D): DFIC 1.85M sh, better; QLTI 19K sh
NAV per share: DFIC $37.56; QLTI $27.78
52W range

ETF.net Grade

Pillar letters and Scores for DFIC, QLTI, with each pillar’s weight
Pillar	DFIC	QLTI
Cost30% weight	A98Higher	D38
Mission25% weight	A100	Not scored
Risk15% weight	B69Higher	D37
Tradability15% weight	A81Higher	B63
Holdings10% weight	A91Higher	F22
Durability5% weight	A91Higher	B55

Rank among International Active Equity funds

How we build Categories ›

Same Category. DFIC and QLTI 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 QLTI 33rd 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 32CNBIENeuberger International Core Equity ETFScore 45
Rank 33CQLTIGMO International Quality ETFScore 41
Rank 34CABLGAbacus FCF International Leaders ETFScore 40

Our read on each fund

ETF.net Research

DFICADimensional International Core Equity 2 ETF

QLTICGMO International Quality ETF

In short

DFIC No data

QLTI GMO's quality lens, pointed overseas. Launched in late 2024, it's an actively run international stock fund chasing total return rather than hugging an index, priced right in the middle of its active peer group.

Stated mandate

DFIC No data

QLTI The Fund seeks total return.

Why people hold it

DFIC No data

QLTI Genuinely active: the stated goal is total return from international stocks, with no declared index dictating country or sector weights.
At 0.60% a year, the fee sits mid-pack for active international equity, so the stock picking doesn't cost a premium over the category norm.
Young fund, respectable standing: it already grades in the upper half of its active international cohort.
Distributions land quarterly, and the fund gathered real assets quickly for a 2024 launch.

Worth knowing

DFIC No data

QLTI The cohort's top-graded names (AVDE, DFIC, JIRE) run systematic international portfolios for a fraction of this fee, so active picks here have a higher bar to clear.
Thinly traded next to the giant international funds, so spreads can widen and order timing matters more.
Live history starts in late 2024, so there isn't yet a full market cycle to judge the approach through.

Full DFIC profile⁠

Full QLTI profile⁠

DFIC vs QLTI Holdings

How DFIC and QLTI differ

Overlap by weight

2.2%

Shared holdings make up 17.7% of QLTI and 2.2% of DFIC.

Level by level

Holdings5 in both2.2%
Countryby domicile58.5%
Asset classEquity100%

Sector

No Sector split for QLTI.

Country, concentration and asset class

Country by domicile

Country weights in DFIC and QLTI, widest gap first
Country	More in DFICMore in QLTI	DFIC	QLTI
Japan	DFIC +16.5 points	24.4%	7.9%
France	QLTI +14.0 points	6.1%	20.1%
Canada	DFIC +9.5 points	11.6%	2.1%
Ireland	QLTI +8.3 points	0.7%	9.0%
Taiwan	QLTI +6.1 points	0.0%	6.1%
Spain	QLTI +5.7 points	2.8%	8.5%
Italy	DFIC +3.3 points	3.3%	0.0%
Australia	DFIC +2.9 points	5.9%	3.0%
Other countries (21)	DFIC +1.9 points	45.1%	43.2%

Outside the US: DFIC 98% developed, 2% emerging. QLTI 91% developed, 9% emerging.

Concentration

Weight in the 10 largest Holdings

DFIC7.1%
QLTI43.5%

Securities held

DFIC4,131
QLTI36

Asset class

DFIC: Equity
QLTI: Equity

Holdings

Only in DFIC4,126
In both5
Only in QLTI31

Only in DFIC

4,126 securities, 97.4% of DFIC by weight

Shell PLC1.15%
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%
Banco Bilbao Vizcaya Arge0.41%
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%

Only in QLTI

31 securities, 82.3% of QLTI by weight

Taiwan Semiconductor Sp Adr5.49%
Sap SE Sponsored Adr4.98%
Industria De Diseno Textil4.91%
Kerry Group PLC A4.23%
Roche Holdings Ltd Spons Adr4.20%
L Oreal Unsponsored Adr3.75%
Amadeus It Group SA3.63%
Compass Group PLC Spon Adr3.57%
Air Liquide Unsponsored Adr3.40%
Brambles Ltd3.10%
Assa Abloy Ab B3.06%
Safran SA Unspon Adr3.05%
Ryanair Holdings PLC Sp Adr2.65%
Knorr Bremse AG2.57%
Experian PLC Spons Adr2.51%
Lvmh Moet Hennessy Unsp Adr2.50%
Constellation Software Inc2.41%
Hoya Corp2.40%
Shin Etsu Chem Unspon Adr2.40%
Fomento Economico Mex Sp Adr2.21%
Kone Oyj B2.02%
Schneider Elect SE Unsp Adr1.92%
Davide Campari Milano NV1.62%
Sika AG Reg1.61%
Nippon Paint Holdings Co Ltd1.53%
Sartorius Stedim Biotech1.45%
Tokyo Electron Ltd1.32%
Haleon PLC Adr1.15%
Biomerieux1.07%
Essilorluxot Unspon Adr0.92%
State Str Instl Invt Tr0.69%

Weight gaps

All 5 Holdings in both funds, largest gap first.

Holding weights in DFIC and QLTI, widest gap first
Holding	More in DFICMore in QLTI	DFIC	QLTI
Unilever PLCUL	QLTI +4.24 points	0.18%	4.42%
Novartis AG AdrNVS	QLTI +3.35 points	0.76%	4.11%
Dassault Systemes SEDSY	QLTI +2.73 points	0.01%	2.74%
Asml Holding NVASML	QLTI +2.68 points	1.09%	3.77%
Diageo PLCDEO	QLTI +2.48 points	0.14%	2.62%

All 4,139 DFIC holdings⁠All QLTI 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.

DFIC vs QLTI Cost

Overpaying QLTI vs DFIC

$7,259

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

DFIC 0.22%
$4,558
QLTI 0.60%
$11,817

Amount$10,000

Years30 years

Cost over time

DFIC 0.22%
QLTI 0.60%
Overpaying

Year by year

Year	DFIC	QLTI	Overpaying
10	$401	$1,076	$675
20	$1,561	$4,116	$2,555
30	$4,558	$11,817	$7,259

Expense ratio

0.22%DFIC, cheaper
0.60%QLTI

DFIC0.22%QLTI0.60%

0.00%1.49%

Middle half of International Active Equity funds
Median 0.55%

DFIC 2nd cheapest of 55 funds

QLTI 34th cheapest of 55 funds

DFIC vs QLTI Dividends

Last 12 months to Oct 30, 2026

Yield (12M): DFIC 2.55%, better; QLTI 0.21%
Payout (12M): DFIC $0.96; QLTI $0.06
Last payment: DFIC $0.19; QLTI $0.02
Ex-dividend: DFIC Sep 22, 2026; QLTI Jun 30, 2026
Paid on: DFIC Sep 24, 2026; QLTI Jul 1, 2026
Frequency: DFIC Quarterly; QLTI Twice a year

Distribution history

Per share, 2022 to 2026, same scale for both

DFICQuarterly · 18 paymentsAll DFIC payments⁠

QLTITwice a year · 4 paymentsAll QLTI payments⁠

DFIC vs QLTI Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: DFIC 11.9%QLTI 13.3%since Nov 2024
Return per unit of riskSharpe ratio, 3 years: DFIC 1.35QLTI 0.30since Nov 2024
Worst fallMax drawdown, 5 years: DFIC −24.4%since Mar 2022QLTI −14.8%since Oct 2024
Market sensitivityBeta, 5 years: DFIC 0.92QLTI 0.53; Market = 1

DFIC and QLTI 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

Popular comparisons

DFICAvsAVDEA
Dimensional International Core Equity 2 ETF · Avantis International Equity ETF
Expense ratio
0.22% · 0.23%
Category
QLTICvsAVDEA
GMO International Quality ETF · Avantis International Equity ETF
Expense ratio
0.60% · 0.23%
Category
DFICAvsJIREA
Dimensional International Core Equity 2 ETF · JPMorgan International Research Enhanced Equity ETF
Expense ratio
0.22% · 0.29%
Category
QLTICvsJIREA
GMO International Quality ETF · JPMorgan International Research Enhanced Equity ETF
Expense ratio
0.60% · 0.29%
Category
DFICAvsAVDSA
Dimensional International Core Equity 2 ETF · Avantis International Small Cap Equity ETF
Expense ratio
0.22% · 0.30%
Category
QLTICvsAVDSA
GMO International Quality ETF · Avantis International Small Cap Equity ETF
Expense ratio
0.60% · 0.30%
Category

DFIC vs QLTI

In short

Stated mandate

Why people hold it

Worth knowing

How DFIC and QLTI differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in DFIC

Only in QLTI

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 DFIC and QLTI differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in DFIC

Only in QLTI

Weight gaps