Efficient Advisors, LLC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AGG	ISHARES TR	851,039	$90,627	16.9%	$107.99	—	CORE US AGGBD ET	464287226
BSV	VANGUARD BD INDEX FD INC	660,612	$51,904	9.7%	$80.19	—	SHORT TRM BOND	921937827
DLS	WISDOMTREE TR	664,176	$40,063	7.5%	$53.34	—	INTL SMCAP DIV	97717W760
VBR	VANGUARD INDEX FDS	307,502	$35,074	6.5%	$87.72	—	SM CP VAL ETF	922908611
IVE	ISHARES TR	345,954	$34,990	6.5%	$76.76	—	S&P 500 VAL ETF	464287408
SHY	ISHARES TR	396,420	$33,149	6.2%	$84.30	—	1 3 YR TREAS BD	464287457
TILT	FLEXSHARES TR	301,788	$30,215	5.6%	$89.62	—	MORNSTAR USMKT	33939L100
EFV	ISHARES TR	585,835	$26,491	4.9%	$49.11	—	EAFE VALUE ETF	464288877
WTMF	WISDOMTREE TR	592,951	$22,983	4.3%	$38.76	—	FUTRE STRAT FD	97717W125
TLTD	FLEXSHARES TR	411,023	$22,816	4.2%	$55.66	—	M STAR DEV MKT	33939L803
VB	VANGUARD INDEX FDS	158,196	$20,880	3.9%	$102.27	—	SMALL CP ETF	922908751
IVV	ISHARES TR	71,629	$18,023	3.4%	$197.44	—	CORE S&P500 ETF	464287200
IWC	ISHARES TR	184,943	$15,249	2.8%	$62.66	—	MICRO-CAP ETF	464288869
EFA	ISHARES TR	237,152	$13,940	2.6%	$58.30	—	MSCI EAFE ETF	464287465
DGS	WISDOMTREE TR	259,653	$10,877	2.0%	$44.15	—	EMG MKTS SMCAP	97717W281
SCZ	ISHARES TR	171,863	$8,906	1.7%	$42.85	—	EAFE SML CP ETF	464288273
EEM	ISHARES TR	224,598	$8,773	1.6%	$38.36	—	MSCI EMG MKT ETF	464287234
BIV	VANGUARD BD INDEX FD INC	74,137	$6,027	1.1%	$86.59	—	INTERMED TERM	921937819
TLTE	FLEXSHARES TR	110,716	$5,312	1.0%	$46.74	—	MSTAR EMKT FAC	33939L308
SUB	ISHARES TR	45,389	$4,784	0.9%	$105.93	—	SHRT NAT MUN ETF	464288158
VTV	VANGUARD INDEX FDS	42,710	$4,183	0.8%	$86.88	—	VALUE ETF	922908744
RWO	SPDR INDEX SHS FDS	91,341	$4,043	0.8%	$48.57	—	DJ GLB RL ES ETF	78463X749
GWX	SPDR INDEX SHS FDS	87,459	$2,442	0.5%	$31.61	—	S&P INTL SMLCP	78463X871
VTI	VANGUARD INDEX FDS	18,360	$2,343	0.4%	$105.17	—	TOTAL STK MKT	922908769
MUB	ISHARES TR	21,322	$2,325	0.4%	$111.95	—	NATIONAL MUN ETF	464288414
FLOT	ISHARES TR	44,054	$2,219	0.4%	$50.82	—	FLTG RATE NT ETF	46429B655
GLD	SPDR GOLD TRUST	14,344	$1,739	0.3%	$121.39	—	GOLD SHS	78463V107
ITOT	ISHARES TR	25,560	$1,451	0.3%	$61.88	—	CORE S&P TTL STK	464287150
HYG	ISHARES TR	17,297	$1,403	0.3%	$88.75	—	IBOXX HI YD ETF	464288513
SCHH	SCHWAB STRATEGIC TR	30,126	$1,160	0.2%	$40.21	—	US REIT ETF	808524847
IWL	ISHARES TR	19,871	$1,160	0.2%	$50.51	—	RUS TOP 200 ETF	464289446
SPIP	SPDR SERIES TRUST	20,141	$1,085	0.2%	$56.00	—	BLOMBRG BRC TIPS	78464A656
VV	VANGUARD INDEX FDS	9,131	$1,049	0.2%	$101.48	—	LARGE CAP ETF	922908637
AOA	ISHARES TR	20,863	$1,013	0.2%	$41.71	—	AGGRES ALLOC ETF	464289859
AOR	ISHARES TR	24,103	$996	0.2%	$36.10	—	GRWT ALLOCAT ETF	464289867
VNQI	VANGUARD INTL EQUITY INDEX F	18,130	$950	0.2%	$55.48	—	GLB EX US ETF	922042676
VCIT	VANGUARD SCOTTSDALE FDS	11,232	$931	0.2%	$86.88	—	INT-TERM CORP	92206C870
AOK	ISHARES TR	24,345	$797	0.1%	$33.10	—	CONSER ALLOC ETF	464289883
AOM	ISHARES TR	20,675	$738	0.1%	$32.82	—	MODERT ALLOC ETF	464289875
IEFA	ISHARES TR	12,853	$707	0.1%	$56.31	—	CORE MSCI EAFE	46432F842
VYM	VANGUARD WHITEHALL FDS INC	7,782	$607	0.1%	$68.80	—	HIGH DIV YLD	921946406
DHS	WISDOMTREE TR	9,198	$599	0.1%	$61.33	—	US HIGH DIVIDEND	97717W208
VNQ	VANGUARD INDEX FDS	7,859	$586	0.1%	$84.48	—	REAL ESTATE ETF	922908553
AGZ	ISHARES TR	4,206	$472	0.1%	$113.25	—	AGENCY BOND ETF	464288166
IEMG	ISHARES INC	9,240	$436	0.1%	$43.91	—	CORE MSCI EMKT	46434G103
—	INDEXIQ ETF TR	15,529	$341	0.1%	$27.35	—	US RL EST SMCP	45409B628
—	WISDOMTREE TR	10,621	$308	0.1%	$29.00	—	DYNAMIC LNG EQ	97717X313
USMV	ISHARES TR	3,998	$209	0.0%	$52.28	—	MIN VOL USA ETF	46429B697