(DFAX) Dimensional World ex U.S. - Ratings and Ratios

The Dimensional World ex U.S. Core Equity2 ETF is a passively managed fund that employs a tax-efficient investment strategy, aiming to minimize the realization of net capital gains and maximize long-term capital gains, which are taxed at a lower rate. This approach involves selling securities with capital losses to offset gains, thereby reducing the tax liability.

The funds investment objective is to provide broad exposure to a diverse group of non-U.S. companies across developed and emerging markets. By doing so, it allows investors to tap into the growth potential of international equities while minimizing the impact of taxes on their investments.

From a technical analysis perspective, the current price of $28.96 is above its 20-day simple moving average (SMA) of $28.33, indicating a short-term bullish trend. The 50-day SMA of $27.00 and 200-day SMA of $26.07 also suggest a longer-term uptrend. The average true range (ATR) of 0.23, representing 0.78% of the current price, indicates relatively low volatility. Given the current technical setup, it is likely that the price will continue to move upwards, potentially testing new 52-week highs.

Fundamentally, the funds assets under management (AUM) stand at $8.361 billion, indicating a sizable presence in the market. As the fund continues to attract investors seeking international equity exposure, its AUM is likely to grow, potentially leading to increased liquidity and tighter bid-ask spreads.

Forecasting the funds performance based on both technical and fundamental data, we can expect the price to continue its upward trajectory, driven by the ongoing uptrend and the funds tax-efficient investment strategy. As the global economy continues to evolve, the funds diversified portfolio of non-U.S. companies is likely to benefit from growth opportunities in developed and emerging markets. Therefore, it is reasonable to expect the price to reach $30.50 within the next 6-12 months, representing a potential upside of 5.7% from the current level.