Since November 14, the first Active Exchange Traded Funds issued by Dimensional Fund Advisors have been tradable on Deutsche Börse. We spoke with Lukas Schneider, Branch Manager, Berlin, and Vice President at Dimensional, about the listing on Xetra.

Why has Dimensional listed active ETFs in Germany?

Dimensional is the largest active ETF manager in the US and has significant experience managing active ETFs in US and Australia with ETF assets now over USD 200bn across more than 40 funds.¹ Our aim is to provide investors with choice in how they access our strategies and with the growing popularity of ETFs across the region, we are happy to add ETFs to our suite of investment structures alongside our UCITS funds and separate account solutions. We have strong demand from clients in Germany so listing on Xetra is a natural step.

Why is Dimensional well suited to managing ETFs?

Dimensional has been applying financial science to investing since 1981. The firm is driven by an evidence-based approach, while maintaining low costs and diversification.

Dimensional ETFs are designed with the goal of outperforming the market by using a flexible daily process and varying emphasis on known equity premiums to pursue higher expected returns for investors. The same principles apply to all Dimensional’s strategies. First, you choose Dimensional and the benefits it can provide, then you choose how to access the strategy.

Tell us about the first funds you have listed.

The Global Core Equity UCITS ETF and the Global Targeted Value UCITS ETF are listed in GBP and USD in London, and EUR in Frankfurt. Both funds are registered in Finland, Germany, Ireland, the Netherlands, Norway, Sweden and the United Kingdom.

The funds are managed using Dimensional’s characteristic investment approach, systematically targeting a higher total return in broadly diversified, low-cost portfolios. The new funds complement Dimensional’s existing UCITS funds and separate account solutions in the region, and are likely to be joined by other new ETF strategies next year.

They will not track an index but will instead aim to maximise long-term total return. The ongoing charges for the ETFs will be similar as those on comparable Dimensional funds: 0.26% and 0.44%, respectively.

_{¹ All figures as at 30 September 2025.}