Efficient Advisors, LLC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AGG	ISHARES TR	904,902	$98,173	13.7%	$107.99	—	CORE US AGGBD ET	464287226
TILT	FLEXSHARES TR	754,604	$75,657	10.6%	$89.62	—	MORNSTAR USMKT	33939L100
BSV	VANGUARD BD INDEX FD INC	795,758	$63,438	8.9%	$80.27	—	SHORT TRM BOND	921937827
DLS	WISDOMTREE TR	739,692	$48,428	6.8%	$53.19	—	INTL SMCAP DIV	97717W760
TLTD	FLEXSHARES TR	781,769	$47,164	6.6%	$55.07	—	M STAR DEV MKT	33939L803
IVE	ISHARES TR	382,321	$39,777	5.6%	$76.76	—	S&P 500 VAL ETF	464287408
VBR	VANGUARD INDEX FDS	316,290	$38,859	5.4%	$86.74	—	SM CP VAL ETF	922908611
SHY	ISHARES TR	396,479	$33,510	4.7%	$84.34	—	1-3 YR TR BD ETF	464287457
EFV	ISHARES TR	637,474	$32,065	4.5%	$49.05	—	EAFE VALUE ETF	464288877
VB	VANGUARD INDEX FDS	211,632	$28,206	3.9%	$100.96	—	SMALL CP ETF	922908751
IVV	ISHARES TR	84,429	$20,033	2.8%	$197.44	—	CORE S&P500 ETF	464287200
IWC	ISHARES TR	211,451	$18,111	2.5%	$62.27	—	MICRO-CAP ETF	464288869
EFA	ISHARES TR	281,255	$17,519	2.5%	$58.20	—	MSCI EAFE ETF	464287465
DGS	WISDOMTREE TR	278,061	$12,479	1.7%	$44.25	—	EMG MKTS SMCAP	97717W281
SCZ	ISHARES TR	201,435	$10,906	1.5%	$42.85	—	EAFE SML CP ETF	464288273
SUB	ISHARES TR	103,255	$10,903	1.5%	$106.09	—	SHRT NAT MUN ETF	464288158
EEM	ISHARES TR	269,878	$10,630	1.5%	$38.36	—	MSCI EMG MKT ETF	464287234
BIV	VANGUARD BD INDEX FD INC	120,850	$10,104	1.4%	$86.76	—	INTERMED TERM	921937819
IWL	ISHARES	172,721	$9,311	1.3%	$49.49	—	RUS TOP 200 ETF	464289446
TLTE	FLEXSHARES TR	177,479	$9,162	1.3%	$45.94	—	MSTAR EMKT FAC	33939L308
VV	VANGUARD INDEX FDS	80,559	$8,708	1.2%	$99.45	—	LARGE CAP ETF	922908637
VTV	VANGUARD INDEX FDS	85,145	$8,120	1.1%	$86.88	—	VALUE ETF	922908744
RWO	SPDR INDEX SHS FDS	144,755	$6,815	1.0%	$48.73	—	DJ GLB RL ES ETF	78463X749
IEFA	ISHARES TR	103,771	$6,014	0.8%	$55.15	—	CORE MSCI EAFE	46432F842
BND	VANGUARD BD INDEX FD INC	72,945	$5,914	0.8%	$84.00	—	TOTAL BND MRKT	921937835
MUB	ISHARES TR	38,238	$4,166	0.6%	$112.36	—	NATIONAL MUN ETF	464288414
IEMG	ISHARES INC	77,963	$3,726	0.5%	$42.17	—	CORE MSCI EMKT	46434G103
VNQ	VANGUARD INDEX FDS	41,385	$3,418	0.5%	$85.55	—	REIT ETF	922908553
SPY	SPDR S&P 500 ETF TR	12,631	$2,978	0.4%	$205.53	—	TR UNIT	78462F103
GWX	SPDR INDEX SHS FDS	92,255	$2,908	0.4%	$31.17	—	S&P INTL SMLCP	78463X871
VTI	VANGUARD INDEX FDS	22,302	$2,706	0.4%	$104.74	—	TOTAL STK MKT	922908769
ITOT	ISHARES TR	43,586	$2,355	0.3%	$61.88	—	CORE S&P TTL STK	464287150
DSI	ISHARES TR	24,176	$2,097	0.3%	$76.61	—	MSCI KLD400 SOC	464288570
HYG	ISHARES TR	19,535	$1,715	0.2%	$88.93	—	IBOXX HI YD ETF	464288513
FLOT	ISHARES TR	28,609	$1,455	0.2%	$50.74	—	FLTG RATE BD ETF	46429B655
—	BARCLAYS BK PLC	52,738	$1,421	0.2%	$29.84	—	IPATH DYNM VIX	06741L609
—	BARCLAYS BK PLC	67,278	$1,411	0.2%	$25.17	—	IPATH S&P MLP	06742A750
SCHH	SCHWAB STRATEGIC TR	33,073	$1,349	0.2%	$40.33	—	US REIT ETF	808524847
SPIP	SPDR SERIES TRUST	23,117	$1,317	0.2%	$55.98	—	BLOMBRG BRC TIPS	78464A656
IJK	ISHARES TR	6,863	$1,310	0.2%	$162.57	—	S&P MC 400GR ETF	464287606
VNQI	VANGUARD INTL EQUITY INDEX F	23,066	$1,229	0.2%	$55.73	—	GLB EX US ETF	922042676
AOR	ISHARES	25,077	$1,063	0.1%	$35.94	—	GRWT ALLOCAT ETF	464289867
AOA	ISHARES	20,926	$1,045	0.1%	$41.01	—	AGGRES ALLOC ETF	464289859
TFI	SPDR SER TR	21,249	$1,018	0.1%	$49.28	—	NUVEEN BRC MUNIC	78468R721
AOM	ISHARES	26,916	$978	0.1%	$32.82	—	MODERT ALLOC ETF	464289875
VCIT	VANGUARD SCOTTSDALE FDS	10,309	$891	0.1%	$87.03	—	INT-TERM CORP	92206C870
AGZ	ISHARES TR	5,810	$657	0.1%	$113.25	—	AGENCY BOND ETF	464288166
VYM	VANGUARD WHITEHALL FDS INC	8,224	$639	0.1%	$67.44	—	HIGH DIV YLD	921946406
DHS	WISDOMTREE TR	9,130	$625	0.1%	$59.82	—	HIGH DIV FD	97717W208
—	BARCLAYS BANK PLC	9,428	$550	0.1%	$54.51	—	ETN DJUBS PMET38	06739H248
VDE	VANGUARD WORLD FDS	5,489	$531	0.1%	$104.27	—	ENERGY ETF	92204A306
AOK	ISHARES	14,527	$484	0.1%	$32.66	—	CONSER ALLOC ETF	464289883
—	INDEXIQ ETF TR	17,439	$469	0.1%	$27.63	—	US RL EST SMCP	45409B628
VIOV	VANGUARD ADMIRAL FDS INC	1,739	$208	0.0%	$120.46	—	SMLCP 600 VAL	921932778