Efficient Advisors, LLC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AGG	ISHARES TR	933,957	$110,403	20.4%	$108.85	—	CORE US AGGBD ET	464287226
BSV	VANGUARD BD INDEX FDS	710,806	$59,082	10.9%	$80.43	—	SHORT TRM BOND	921937827
VBR	VANGUARD INDEX FDS	428,363	$45,801	8.5%	$93.72	—	SM CP VAL ETF	922908611
SHY	ISHARES TR	505,404	$43,773	8.1%	$84.59	—	1 3 YR TREAS BD	464287457
DLS	WISDOMTREE TR	702,004	$39,051	7.2%	$53.09	—	INTL SMCAP DIV	97717W760
VB	VANGUARD INDEX FDS	203,157	$29,604	5.5%	$110.45	—	SMALL CP ETF	922908751
TILT	FLEXSHARES TR	240,833	$27,342	5.1%	$89.62	—	MORNSTAR USMKT	33939L100
IVE	ISHARES TR	233,624	$25,280	4.7%	$76.76	—	S&P 500 VAL ETF	464287408
EFV	ISHARES TR	491,262	$19,636	3.6%	$48.85	—	EAFE VALUE ETF	464288877
TLTD	FLEXSHARES TR	367,032	$19,607	3.6%	$55.43	—	M STAR DEV MKT	33939L803
IVV	ISHARES TR	51,402	$15,919	2.9%	$197.44	—	CORE S&P500 ETF	464287200
DGS	WISDOMTREE TR	329,439	$12,851	2.4%	$43.29	—	EMG MKTS SMCAP	97717W281
IWC	ISHARES TR	140,936	$12,299	2.3%	$62.87	—	MICRO-CAP ETF	464288869
EFA	ISHARES TR	168,463	$10,254	1.9%	$58.30	—	MSCI EAFE ETF	464287465
WTMF	WISDOMTREE TR	268,740	$9,406	1.7%	$38.76	—	FUTRE STRAT FD	97717W125
SCZ	ISHARES TR	127,744	$6,850	1.3%	$42.85	—	EAFE SML CP ETF	464288273
EEM	ISHARES TR	163,934	$6,556	1.2%	$38.36	—	MSCI EMG MKT ETF	464287234
SUB	ISHARES TR	41,520	$4,478	0.8%	$105.96	—	SHRT NAT MUN ETF	464288158
BIV	VANGUARD BD INDEX FDS	46,611	$4,344	0.8%	$86.59	—	INTERMED TERM	921937819
TLTE	FLEXSHARES TR	96,361	$4,307	0.8%	$46.74	—	MSTAR EMKT FAC	33939L308
VTV	VANGUARD INDEX FDS	39,338	$3,918	0.7%	$87.23	—	VALUE ETF	922908744
RWO	SPDR INDEX SHS FDS	81,704	$3,189	0.6%	$47.84	—	DJ GLB RL ES ETF	78463X749
MUB	ISHARES TR	20,760	$2,396	0.4%	$112.03	—	NATIONAL MUN ETF	464288414
FLOT	ISHARES TR	36,157	$1,829	0.3%	$50.78	—	FLTG RATE NT ETF	46429B655
VTI	VANGUARD INDEX FDS	11,342	$1,775	0.3%	$105.17	—	TOTAL STK MKT	922908769
GWX	SPDR INDEX SHS FDS	58,113	$1,589	0.3%	$31.61	—	S&P INTL SMLCP	78463X871
HYG	ISHARES TR	17,876	$1,459	0.3%	$87.97	—	IBOXX HI YD ETF	464288513
USMV	ISHARES TR	23,694	$1,437	0.3%	$59.47	—	MSCI MIN VOL ETF	46429B697
AOA	ISHARES TR	21,801	$1,196	0.2%	$42.61	—	AGGRES ALLOC ETF	464289859
SPIP	SPDR SER TR	39,654	$1,195	0.2%	$41.95	—	PORTFLI TIPS ETF	78464A656
QAI	INDEXIQ ETF TR	36,930	$1,120	0.2%	$30.00	—	HEDGE MLTI ETF	45409B107
IWL	ISHARES TR	14,525	$1,075	0.2%	$50.51	—	RUS TOP 200 ETF	464289446
AOR	ISHARES TR	22,655	$1,051	0.2%	$36.65	—	GRWT ALLOCAT ETF	464289867
VV	VANGUARD INDEX FDS	6,769	$968	0.2%	$101.48	—	LARGE CAP ETF	922908637
VCIT	VANGUARD SCOTTSDALE FDS	10,076	$959	0.2%	$87.68	—	INT-TERM CORP	92206C870
ITOT	ISHARES TR	13,094	$909	0.2%	$61.88	—	CORE S&P TTL STK	464287150
AOK	ISHARES TR	22,719	$827	0.2%	$33.17	—	CONSER ALLOC ETF	464289883
SCHH	SCHWAB STRATEGIC TR	21,056	$742	0.1%	$39.67	—	US REIT ETF	808524847
AOM	ISHARES TR	17,395	$694	0.1%	$33.12	—	MODERT ALLOC ETF	464289875
VNQI	VANGUARD INTL EQUITY INDEX F	14,085	$657	0.1%	$54.72	—	GLB EX US ETF	922042676
IEFA	ISHARES TR	11,143	$637	0.1%	$56.47	—	CORE MSCI EAFE	46432F842
AGZ	ISHARES TR	5,128	$621	0.1%	$114.79	—	AGENCY BOND ETF	464288166
VYM	VANGUARD WHITEHALL FDS	7,662	$604	0.1%	$70.59	—	HIGH DIV YLD	921946406
DHS	WISDOMTREE TR	9,521	$593	0.1%	$61.47	—	US HIGH DIVIDEND	97717W208
VNQ	VANGUARD INDEX FDS	7,539	$592	0.1%	$83.14	—	REAL ESTATE ETF	922908553
GLD	SPDR GOLD TR	3,203	$536	0.1%	$121.39	—	GOLD SHS	78463V107
IEMG	ISHARES INC	8,115	$386	0.1%	$44.10	—	CORE MSCI EMKT	46434G103
VTEB	VANGUARD MUN BD FDS	4,926	$267	0.0%	$53.04	—	TAX EXEMPT BD	922907746
—	INDEXIQ ETF TR	14,204	$257	0.0%	$25.11	—	US RL EST SMCP	45409B628