Efficient Advisors, LLC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AGG	ISHARES TR	860,823	$94,114	15.7%	$108.02	—	CORE US AGGBD ET	464287226
BSV	VANGUARD BD INDEX FD INC	694,909	$54,967	9.2%	$80.24	—	SHORT TRM BOND	921937827
DLS	WISDOMTREE TR	666,302	$51,172	8.5%	$53.19	—	INTL SMCAP DIV	97717W760
IVE	ISHARES TR	368,347	$42,080	7.0%	$76.76	—	S&P 500 VAL ETF	464287408
VBR	VANGUARD INDEX FDS	309,320	$41,071	6.8%	$86.74	—	SM CP VAL ETF	922908611
TILT	FLEXSHARES TR	353,515	$39,558	6.6%	$89.62	—	MORNSTAR USMKT	33939L100
EFV	ISHARES TR	610,716	$33,715	5.6%	$49.05	—	EAFE VALUE ETF	464288877
SHY	ISHARES TR	392,781	$32,935	5.5%	$84.33	—	1 3 YR TREAS BD	464287457
TLTD	FLEXSHARES TR	442,593	$30,632	5.1%	$55.29	—	M STAR DEV MKT	33939L803
VB	VANGUARD INDEX FDS	164,970	$24,383	4.1%	$100.96	—	SMALL CP ETF	922908751
IVV	ISHARES TR	78,514	$21,108	3.5%	$197.44	—	CORE S&P500 ETF	464287200
IWC	ISHARES TR	200,410	$19,181	3.2%	$62.27	—	MICRO-CAP ETF	464288869
EFA	ISHARES TR	249,024	$17,509	2.9%	$58.20	—	MSCI EAFE ETF	464287465
DGS	WISDOMTREE TR	256,730	$13,388	2.2%	$44.25	—	EMG MKTS SMCAP	97717W281
SCZ	ISHARES TR	184,346	$11,890	2.0%	$42.85	—	EAFE SML CP ETF	464288273
EEM	ISHARES TR	241,295	$11,370	1.9%	$38.36	—	MSCI EMG MKT ETF	464287234
BIV	VANGUARD BD INDEX FD INC	87,594	$7,343	1.2%	$86.59	—	INTERMED TERM	921937819
TLTE	FLEXSHARES TR	119,504	$7,137	1.2%	$46.12	—	MSTAR EMKT FAC	33939L308
VTV	VANGUARD INDEX FDS	47,985	$5,102	0.8%	$86.88	—	VALUE ETF	922908744
RWO	SPDR INDEX SHS FDS	101,361	$4,955	0.8%	$48.67	—	DJ GLB RL ES ETF	78463X749
SUB	ISHARES TR	43,631	$4,576	0.8%	$106.04	—	SHRT NAT MUN ETF	464288158
GWX	SPDR INDEX SHS FDS	99,661	$3,536	0.6%	$31.58	—	S&P INTL SMLCP	78463X871
VTI	VANGUARD INDEX FDS	18,682	$2,564	0.4%	$104.74	—	TOTAL STK MKT	922908769
FLOT	ISHARES TR	47,104	$2,394	0.4%	$50.81	—	FLTG RATE NT ETF	46429B655
MUB	ISHARES TR	19,825	$2,195	0.4%	$112.29	—	NATIONAL MUN ETF	464288414
ITOT	ISHARES TR	33,958	$2,076	0.3%	$61.88	—	CORE S&P TTL STK	464287150
GLD	SPDR GOLD TRUST	16,596	$2,052	0.3%	$121.65	—	GOLD SHS	78463V107
HYG	ISHARES TR	18,826	$1,643	0.3%	$88.81	—	IBOXX HI YD ETF	464288513
IWL	ISHARES TR	23,209	$1,427	0.2%	$50.51	—	RUS TOP 200 ETF	464289446
VV	VANGUARD INDEX FDS	10,599	$1,299	0.2%	$101.48	—	LARGE CAP ETF	922908637
SPIP	SPDR SERIES TRUST	22,983	$1,293	0.2%	$56.00	—	BLOMBRG BRC TIPS	78464A656
SCHH	SCHWAB STRATEGIC TR	28,529	$1,187	0.2%	$40.33	—	US REIT ETF	808524847
VNQI	VANGUARD INTL EQUITY INDEX F	18,540	$1,122	0.2%	$55.73	—	GLB EX US ETF	922042676
AOA	ISHARES TR	20,334	$1,096	0.2%	$41.01	—	AGGRES ALLOC ETF	464289859
AOR	ISHARES TR	24,261	$1,090	0.2%	$35.94	—	GRWT ALLOCAT ETF	464289867
VCIT	VANGUARD SCOTTSDALE FDS	11,090	$969	0.2%	$87.07	—	INT-TERM CORP	92206C870
AOM	ISHARES TR	23,841	$907	0.2%	$32.82	—	MODERT ALLOC ETF	464289875
IEFA	ISHARES TR	13,537	$895	0.1%	$56.31	—	CORE MSCI EAFE	46432F842
AOK	ISHARES TR	20,658	$716	0.1%	$33.20	—	CONSER ALLOC ETF	464289883
VYM	VANGUARD WHITEHALL FDS INC	8,297	$710	0.1%	$68.80	—	HIGH DIV YLD	921946406
DHS	WISDOMTREE TR	9,543	$695	0.1%	$61.15	—	US HIGH DIVIDEND	97717W208
AGZ	ISHARES TR	5,716	$646	0.1%	$113.25	—	AGENCY BOND ETF	464288166
VNQ	VANGUARD INDEX FDS	7,619	$632	0.1%	$85.23	—	REIT ETF	922908553
IEMG	ISHARES INC	9,683	$551	0.1%	$43.74	—	CORE MSCI EMKT	46434G103
—	INDEXIQ ETF TR	15,181	$400	0.1%	$27.63	—	US RL EST SMCP	45409B628