Efficient Advisors, LLC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AGG	ISHARES TR	887,838	$93,685	16.0%	$107.99	—	CORE US AGGBD ET	464287226
BSV	VANGUARD BD INDEX FD INC	697,855	$54,454	9.3%	$80.19	—	SHORT TRM BOND	921937827
DLS	WISDOMTREE TR	649,914	$46,235	7.9%	$53.19	—	INTL SMCAP DIV	97717W760
IVE	ISHARES TR	357,765	$41,443	7.1%	$76.76	—	S&P 500 VAL ETF	464287408
VBR	VANGUARD INDEX FDS	296,496	$41,320	7.1%	$86.74	—	SM CP VAL ETF	922908611
TILT	FLEXSHARES TR	326,797	$39,020	6.7%	$89.62	—	MORNSTAR USMKT	33939L100
SHY	ISHARES TR	406,054	$33,739	5.8%	$84.30	—	1 3 YR TREAS BD	464287457
EFV	ISHARES TR	609,874	$31,665	5.4%	$49.11	—	EAFE VALUE ETF	464288877
TLTD	FLEXSHARES TR	441,405	$28,782	4.9%	$55.66	—	M STAR DEV MKT	33939L803
VB	VANGUARD INDEX FDS	151,540	$24,637	4.2%	$100.96	—	SMALL CP ETF	922908751
IVV	ISHARES TR	74,459	$21,796	3.7%	$197.44	—	CORE S&P500 ETF	464287200
IWC	ISHARES TR	181,363	$19,280	3.3%	$62.27	—	MICRO-CAP ETF	464288869
EFA	ISHARES TR	243,939	$16,585	2.8%	$58.30	—	MSCI EAFE ETF	464287465
DGS	WISDOMTREE TR	246,707	$11,262	1.9%	$44.27	—	EMG MKTS SMCAP	97717W281
SCZ	ISHARES TR	174,402	$10,862	1.9%	$42.85	—	EAFE SML CP ETF	464288273
EEM	ISHARES TR	229,298	$9,841	1.7%	$38.36	—	MSCI EMG MKT ETF	464287234
BIV	VANGUARD BD INDEX FD INC	83,921	$6,754	1.2%	$86.59	—	INTERMED TERM	921937819
TLTE	FLEXSHARES TR	123,337	$6,390	1.1%	$46.74	—	MSTAR EMKT FAC	33939L308
VTV	VANGUARD INDEX FDS	45,852	$5,075	0.9%	$86.88	—	VALUE ETF	922908744
SUB	ISHARES TR	47,632	$4,988	0.9%	$105.93	—	SHRT NAT MUN ETF	464288158
RWO	SPDR INDEX SHS FDS	103,352	$4,916	0.8%	$48.57	—	DJ GLB RL ES ETF	78463X749
GWX	SPDR INDEX SHS FDS	93,614	$3,217	0.6%	$31.61	—	S&P INTL SMLCP	78463X871
VTI	VANGUARD INDEX FDS	18,760	$2,807	0.5%	$105.17	—	TOTAL STK MKT	922908769
FLOT	ISHARES TR	48,267	$2,463	0.4%	$50.82	—	FLTG RATE NT ETF	46429B655
MUB	ISHARES TR	21,573	$2,329	0.4%	$111.95	—	NATIONAL MUN ETF	464288414
GLD	SPDR GOLD TRUST	17,067	$1,924	0.3%	$121.39	—	GOLD SHS	78463V107
ITOT	ISHARES TR	27,457	$1,829	0.3%	$61.88	—	CORE S&P TTL STK	464287150
HYG	ISHARES TR	18,887	$1,633	0.3%	$88.75	—	IBOXX HI YD ETF	464288513
IWL	ISHARES TR	20,635	$1,394	0.2%	$50.51	—	RUS TOP 200 ETF	464289446
VV	VANGUARD INDEX FDS	9,441	$1,260	0.2%	$101.48	—	LARGE CAP ETF	922908637
SCHH	SCHWAB STRATEGIC TR	30,007	$1,252	0.2%	$40.21	—	US REIT ETF	808524847
SPIP	SPDR SERIES TRUST	22,982	$1,252	0.2%	$56.00	—	BLOMBRG BRC TIPS	78464A656
AOR	ISHARES TR	24,332	$1,098	0.2%	$36.10	—	GRWT ALLOCAT ETF	464289867
AOA	ISHARES TR	20,033	$1,094	0.2%	$41.42	—	AGGRES ALLOC ETF	464289859
VCIT	VANGUARD SCOTTSDALE FDS	11,967	$1,000	0.2%	$86.88	—	INT-TERM CORP	92206C870
VNQI	VANGUARD INTL EQUITY INDEX F	16,796	$943	0.2%	$55.73	—	GLB EX US ETF	922042676
IEFA	ISHARES TR	13,039	$836	0.1%	$56.31	—	CORE MSCI EAFE	46432F842
AOM	ISHARES TR	21,790	$826	0.1%	$32.82	—	MODERT ALLOC ETF	464289875
VYM	VANGUARD WHITEHALL FDS INC	8,269	$720	0.1%	$68.80	—	HIGH DIV YLD	921946406
DHS	WISDOMTREE TR	9,798	$707	0.1%	$61.33	—	US HIGH DIVIDEND	97717W208
VNQ	VANGUARD INDEX FDS	8,373	$676	0.1%	$84.48	—	REAL ESTATE ETF	922908553
AOK	ISHARES TR	19,424	$664	0.1%	$33.20	—	CONSER ALLOC ETF	464289883
AGZ	ISHARES TR	5,292	$586	0.1%	$113.25	—	AGENCY BOND ETF	464288166
IEMG	ISHARES INC	9,477	$491	0.1%	$43.91	—	CORE MSCI EMKT	46434G103
—	INDEXIQ ETF TR	15,658	$407	0.1%	$27.35	—	US RL EST SMCP	45409B628