DFA International Core Equity 2 Portfolio

Shareclass
DFA International Core Equity 2 I (DFIEX)
Type
Open-end mutual fund
Deforestation grade: Fund is invested in deforestation-risk agricultural commodity producer/traders, above the threshold of 0.5% and below 1.5%. Assigned a grade of D.
How we track deforestation-risk investments
D
11.35%
INVESTED IN DEFORESTATION-RISK COMPANIES
producers
AGRIBUSINESS
deforestation-risk producers and traders of palm oil, paper/pulp, rubber, timber, cattle, and soy
banks
BANKS AND LENDERS
that finance deforestation-risk agribusiness producers via lending and underwriting
consumers
MAJOR CONSUMER BRANDS
that use deforestation-risk agribusiness commodities in products
125
holdings flagged
11%
of assets flagged
This fund contains
 $3.59 BILLION invested 
in holdings flagged for deforestation risk
Dimensional was the first large US investment firm to explicitly remove palm oil producers from its sustainability funds - so we know they are aware of the issues. But Dimensional still has huge exposure to companies like Hormel, Resolute Forest Products, Posco, and JBS, the major the Brazilian cattle trader. In order to take responsibility, Dimensional should immediately implement a robust forest policy across all its investment products. Tell Dimensional to adopt a No Deforestation Policy!
Sign the petition
producers
Commodity producers
31 holdings
0.95% of assets
$302.26 MILLION invested
banks
Banks and lenders
27 holdings
3.81% of assets
$1.21 BILLION invested
consumers
Major consumer brands
75 holdings
7% of assets
$2.22 BILLION invested
Commodity producers
Commodity producers
31 HOLDINGS
Companies that produce and trade palm oil, paper/pulp, rubber, timber, cattle, and soy, and have a past record or a significant risk of contributing to deforestation, land grabbing, and human rights abuses. Investing in any of these companies assigns a fund a grade of C if total producer exposure is below the threshold of 0.5%; a grade of D if below 1.5%; and a grade of F if above 1.5%.
31 HOLDINGS
  • % of portfolio
    $ invested
  • 1. International Paper Co
    Paper/pulp producer
    0.11%0.11% of portfolio
    $36.11M$36.11M invested
    Paper/pulp producer
  • 2. Mitsubishi Corp
    Palm oil producer
    0.09%0.09% of portfolio
    $29.64M$29.64M invested
    Palm oil producer
  • 3. Glencore PLC
    Soy producerPalm oil producer
    0.09%0.09% of portfolio
    $26.93M$26.93M invested
    Soy producerPalm oil producer
  • 4. WH Group Ltd Shs Unitary 144A/Reg S
    Cattle producer
    0.08%0.08% of portfolio
    $24.47M$24.47M invested
    Cattle producer
  • 5. UPM-Kymmene Oyj
    Timber producerPaper/pulp producer
    0.07%0.07% of portfolio
    $21.29M$21.29M invested
    Timber producerPaper/pulp producer
View next 5
Banks and lenders
Banks and lenders
27 HOLDINGS
Financial institutions directly and indirectly involved in underwriting and lending to deforestation-risk producers and traders. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
27 HOLDINGS
  • % of portfolio
    $ invested
  • 1. HSBC Holdings PLC ADR
    0.43%0.43% of portfolio
    $134.75M$134.75M invested
  • 2. Banco Bilbao Vizcaya Argentaria SA
    0.28%0.28% of portfolio
    $88.67M$88.67M invested
  • 3. Mitsubishi UFJ Financial Group Inc
    0.27%0.27% of portfolio
    $84.47M$84.47M invested
  • 4. Deutsche Bank AG
    0.23%0.23% of portfolio
    $74.35M$74.35M invested
  • 5. Sumitomo Mitsui Financial Group Inc
    0.21%0.21% of portfolio
    $67.31M$67.31M invested
View next 5
Major consumer brands
Major consumer brands
75 HOLDINGS
Consumer goods retailers that source palm oil, paper/pulp, rubber, timber, cattle, and soy from deforestation-risk producers and traders and sell it to consumers worldwide. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
75 HOLDINGS
  • % of portfolio
    $ invested
  • 1. Shell PLC ADR (Representing - Ordinary Shares)
    Soy major consumer brandPalm oil major consumer brand
    0.98%0.98% of portfolio
    $310.82M$310.82M invested
    Soy major consumer brandPalm oil major consumer brand
  • 2. Nestle SA
    Soy major consumer brandCattle major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    0.74%0.74% of portfolio
    $235.49M$235.49M invested
    Soy major consumer brandCattle major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
  • 3. Lvmh Moet Hennessy Louis Vuitton SE
    Cattle major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    0.48%0.48% of portfolio
    $153.18M$153.18M invested
    Cattle major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
  • 4. Basf SE
    Paper/pulp major consumer brandPalm oil major consumer brand
    0.39%0.39% of portfolio
    $123.92M$123.92M invested
    Paper/pulp major consumer brandPalm oil major consumer brand
  • 5. Koninklijke Ahold Delhaize NV
    Soy major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    0.22%0.22% of portfolio
    $69.55M$69.55M invested
    Soy major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
View next 5
View more info
DATA AS OF 31 Mar 2025





Financial performance
Performance data provided byMorningstarFind more financial data on DFIEX at Morningstar.com
Current fund
DFIEX
DFA International Core Equity 2 Portfolio
Family
Dimensional Fund Advisors
Category
Foreign Large Blend
vs.
Benchmark
ACWX
iShares MSCI ACWI ex U.S. ETF
Family
iShares from BlackRock
Category
Foreign Large Blend
Fund comparison settings
Investment timeline
Performance as of: 4/30/25
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI Ex USA
ACWX - iShares MSCI ACWI ex U.S. ETF
Fund comparison results
Compared to the benchmark, this fund has:
Higher 10-yr returns 
1.28% more in annualized returns
Less invested in commodity producers 
0.23% less invested
Less invested in banks and lenders 
1.99% less invested
Less invested in major consumer brands 
0.47% less invested
Current fund
DFIEX
DFA International Core Equity 2 Portfolio
Family
Dimensional Fund Advisors
Category
Foreign Large Blend
vs.
Benchmark
ACWX
iShares MSCI ACWI ex U.S. ETF
Family
iShares from BlackRock
Category
Foreign Large Blend
Fund comparison settings
Investment timeline
Performance as of: 4/30/25
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI Ex USA
ACWX - iShares MSCI ACWI ex U.S. ETF
Fund comparison results
Compared to the benchmark, this fund has:
Higher 10-yr returns 
1.28% more in annualized returns
Less invested in commodity producers 
0.23% less invested
Less invested in banks and lenders 
1.99% less invested
Less invested in major consumer brands 
0.47% less invested
Current fund
DFIEX
DFA International Core Equity 2 Portfolio
Family
Dimensional Fund Advisors
Category
Foreign Large Blend
vs.
Benchmark
ACWX
iShares MSCI ACWI ex U.S. ETF
Family
iShares from BlackRock
Category
Foreign Large Blend
Fund comparison settings
Investment timeline
Performance as of: 4/30/25
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI Ex USA
ACWX - iShares MSCI ACWI ex U.S. ETF
Fund comparison results
Compared to the benchmark, this fund has:
Higher 10-yr returns 
1.28% more in annualized returns
Less invested in commodity producers 
0.23% less invested
Less invested in banks and lenders 
1.99% less invested
Less invested in major consumer brands 
0.47% less invested
Month-end trailing returns  
Annualized returns
Deforestation analysis
1-yr
3-yr
5-yr
10-yr
Commodity producers
This fund
DFIEX - DFA International Core Equity 2 Portfolio
14%
9.74%
13%
6.01%
0.95% 
Benchmark
ACWX - iShares MSCI ACWI ex U.S. ETF
13%
8.32%
10%
4.72%
1.19% 
Fund compared to benchmark
 
1.22%
1.42%
2.87%
1.28%
0.23%  lower
Find more financial data on DFIEX at Morningstar.com
Take Action
Call on U.S. investment firms to implement Deforestation and Land Grab-Free investment policies.
Find top-graded funds that avoid deforestation-risk investments.
Use Fossil Free Funds to check this fund's fossil fuel investments and carbon footprint.
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