Efficient Advisors, LLC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AGG	ISHARES TR	841,542	$92,225	15.8%	$107.99	—	CORE US AGGBD ET	464287226
BSV	VANGUARD BD INDEX FD INC	673,671	$53,772	9.2%	$80.27	—	SHORT TRM BOND	921937827
DLS	WISDOMTREE TR	683,644	$50,555	8.7%	$53.19	—	INTL SMCAP DIV	97717W760
IVE	ISHARES TR	371,259	$40,063	6.9%	$76.76	—	S&P 500 VAL ETF	464287408
VBR	VANGUARD INDEX FDS	309,109	$39,501	6.8%	$86.74	—	SM CP VAL ETF	922908611
TILT	FLEXSHARES TR	350,922	$37,064	6.4%	$89.62	—	MORNSTAR USMKT	33939L100
EFV	ISHARES TR	610,527	$33,335	5.7%	$49.05	—	EAFE VALUE ETF	464288877
SHY	ISHARES TR	384,918	$32,506	5.6%	$84.34	—	1 3 YR TREAS BD	464287457
TLTD	FLEXSHARES TR	435,815	$29,091	5.0%	$55.07	—	M STAR DEV MKT	33939L803
VB	VANGUARD INDEX FDS	166,206	$23,488	4.0%	$100.96	—	SMALL CP ETF	922908751
IVV	ISHARES TR	80,332	$20,318	3.5%	$197.44	—	CORE S&P500 ETF	464287200
IWC	ISHARES TR	202,576	$19,133	3.3%	$62.27	—	MICRO-CAP ETF	464288869
EFA	ISHARES TR	252,469	$17,289	3.0%	$58.20	—	MSCI EAFE ETF	464287465
DGS	WISDOMTREE TR	261,715	$12,832	2.2%	$44.25	—	EMG MKTS SMCAP	97717W281
SCZ	ISHARES TR	188,103	$11,662	2.0%	$42.85	—	EAFE SML CP ETF	464288273
EEM	ISHARES TR	246,433	$11,043	1.9%	$38.36	—	MSCI EMG MKT ETF	464287234
BIV	VANGUARD BD INDEX FD INC	82,484	$6,983	1.2%	$86.76	—	INTERMED TERM	921937819
TLTE	FLEXSHARES TR	117,938	$6,634	1.1%	$45.94	—	MSTAR EMKT FAC	33939L308
VTV	VANGUARD INDEX FDS	48,057	$4,797	0.8%	$86.88	—	VALUE ETF	922908744
RWO	SPDR INDEX SHS FDS	96,867	$4,626	0.8%	$48.66	—	DJ GLB RL ES ETF	78463X749
SUB	ISHARES TR	41,902	$4,440	0.8%	$106.09	—	SHRT NAT MUN ETF	464288158
GWX	SPDR INDEX SHS FDS	93,793	$3,285	0.6%	$31.33	—	S&P INTL SMLCP	78463X871
VTI	VANGUARD INDEX FDS	19,106	$2,475	0.4%	$104.74	—	TOTAL STK MKT	922908769
FLOT	ISHARES TR	44,885	$2,286	0.4%	$50.81	—	FLTG RATE NT ETF	46429B655
ITOT	ISHARES TR	37,871	$2,182	0.4%	$61.88	—	CORE S&P TTL STK	464287150
MUB	ISHARES TR	18,942	$2,100	0.4%	$112.36	—	NATIONAL MUN ETF	464288414
GLD	SPDR GOLD TRUST	15,909	$1,934	0.3%	$121.57	—	GOLD SHS	78463V107
HYG	ISHARES TR	17,487	$1,552	0.3%	$88.93	—	IBOXX HI YD ETF	464288513
IWL	ISHARES	21,545	$1,242	0.2%	$49.66	—	RUS TOP 200 ETF	464289446
SCHH	SCHWAB STRATEGIC TR	29,969	$1,233	0.2%	$40.33	—	US REIT ETF	808524847
SPIP	SPDR SERIES TRUST	21,240	$1,197	0.2%	$55.98	—	BLOMBRG BRC TIPS	78464A656
VNQI	VANGUARD INTL EQUITY INDEX F	19,224	$1,142	0.2%	$55.73	—	GLB EX US ETF	922042676
VV	VANGUARD INDEX FDS	9,800	$1,131	0.2%	$99.77	—	LARGE CAP ETF	922908637
AOR	ISHARES	24,914	$1,117	0.2%	$35.94	—	GRWT ALLOCAT ETF	464289867
AOA	ISHARES	20,847	$1,117	0.2%	$41.01	—	AGGRES ALLOC ETF	464289859
AOM	ISHARES	24,470	$929	0.2%	$32.82	—	MODERT ALLOC ETF	464289875
VCIT	VANGUARD SCOTTSDALE FDS	9,816	$864	0.1%	$87.03	—	INT-TERM CORP	92206C870
IEFA	ISHARES TR	12,341	$792	0.1%	$55.36	—	CORE MSCI EAFE	46432F842
AOK	ISHARES	19,058	$657	0.1%	$33.07	—	CONSER ALLOC ETF	464289883
AGZ	ISHARES TR	5,665	$644	0.1%	$113.25	—	AGENCY BOND ETF	464288166
VYM	VANGUARD WHITEHALL FDS INC	7,673	$622	0.1%	$67.44	—	HIGH DIV YLD	921946406
DHS	WISDOMTREE TR	8,570	$599	0.1%	$59.82	—	US HIGH DIVIDEND	97717W208
VNQ	VANGUARD INDEX FDS	6,693	$556	0.1%	$85.55	—	REIT ETF	922908553
IEMG	ISHARES INC	8,793	$475	0.1%	$42.41	—	CORE MSCI EMKT	46434G103
—	INDEXIQ ETF TR	15,773	$427	0.1%	$27.63	—	US RL EST SMCP	45409B628