Efficient Advisors, LLC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AGG	ISHARES TR	926,883	$109,428	20.1%	$108.85	—	CORE US AGGBD ET	464287226
BSV	VANGUARD BD INDEX FDS	711,714	$59,108	10.9%	$80.43	—	SHORT TRM BOND	921937827
VBR	VANGUARD INDEX FDS	424,840	$47,000	8.6%	$93.72	—	SM CP VAL ETF	922908611
SHY	ISHARES TR	507,915	$43,940	8.1%	$84.59	—	1 3 YR TREAS BD	464287457
DLS	WISDOMTREE TR	677,918	$40,607	7.5%	$53.09	—	INTL SMCAP DIV	97717W760
VB	VANGUARD INDEX FDS	198,323	$30,502	5.6%	$110.45	—	SMALL CP ETF	922908751
TILT	FLEXSHARES TR	233,432	$28,479	5.2%	$89.62	—	MORNSTAR USMKT	33939L100
IVE	ISHARES TR	226,534	$25,474	4.7%	$76.76	—	S&P 500 VAL ETF	464287408
TLTD	FLEXSHARES TR	362,232	$20,274	3.7%	$55.43	—	M STAR DEV MKT	33939L803
EFV	ISHARES TR	473,676	$19,113	3.5%	$48.85	—	EAFE VALUE ETF	464288877
IVV	ISHARES TR	48,724	$16,374	3.0%	$197.44	—	CORE S&P500 ETF	464287200
DGS	WISDOMTREE TR	324,271	$13,409	2.5%	$43.29	—	EMG MKTS SMCAP	97717W281
IWC	ISHARES TR	132,875	$12,021	2.2%	$62.87	—	MICRO-CAP ETF	464288869
EFA	ISHARES TR	159,638	$10,161	1.9%	$58.30	—	MSCI EAFE ETF	464287465
WTMF	WISDOMTREE TR	239,943	$8,401	1.5%	$38.76	—	FUTRE STRAT FD	97717W125
SCZ	ISHARES TR	121,685	$7,178	1.3%	$42.85	—	EAFE SML CP ETF	464288273
EEM	ISHARES TR	154,769	$6,824	1.3%	$38.36	—	MSCI EMG MKT ETF	464287234
TLTE	FLEXSHARES TR	93,407	$4,449	0.8%	$46.74	—	MSTAR EMKT FAC	33939L308
BIV	VANGUARD BD INDEX FDS	47,338	$4,425	0.8%	$86.69	—	INTERMED TERM	921937819
SUB	ISHARES TR	38,762	$4,190	0.8%	$105.96	—	SHRT NAT MUN ETF	464288158
VTV	VANGUARD INDEX FDS	39,832	$4,163	0.8%	$87.44	—	VALUE ETF	922908744
RWO	SPDR INDEX SHS FDS	83,331	$3,292	0.6%	$47.68	—	DJ GLB RL ES ETF	78463X749
MUB	ISHARES TR	18,648	$2,162	0.4%	$112.03	—	NATIONAL MUN ETF	464288414
VTI	VANGUARD INDEX FDS	10,834	$1,845	0.3%	$105.17	—	TOTAL STK MKT	922908769
FLOT	ISHARES TR	32,455	$1,646	0.3%	$50.78	—	FLTG RATE NT ETF	46429B655
GWX	SPDR INDEX SHS FDS	53,917	$1,637	0.3%	$31.61	—	S&P INTL SMLCP	78463X871
HYG	ISHARES TR	17,711	$1,486	0.3%	$87.97	—	IBOXX HI YD ETF	464288513
USMV	ISHARES TR	20,073	$1,279	0.2%	$59.47	—	MSCI USA MIN VOL	46429B697
AOA	ISHARES TR	21,228	$1,231	0.2%	$42.61	—	AGGRES ALLOC ETF	464289859
SPIP	SPDR SER TR	39,082	$1,206	0.2%	$41.95	—	PORTFLI TIPS ETF	78464A656
IWL	ISHARES TR	13,744	$1,116	0.2%	$50.51	—	RUS TOP 200 ETF	464289446
AOR	ISHARES TR	22,426	$1,086	0.2%	$36.65	—	GRWT ALLOCAT ETF	464289867
VV	VANGUARD INDEX FDS	6,424	$1,005	0.2%	$101.48	—	LARGE CAP ETF	922908637
QAI	INDEXIQ ETF TR	31,169	$966	0.2%	$30.00	—	HEDGE MLTI ETF	45409B107
AOK	ISHARES TR	25,230	$938	0.2%	$33.57	—	CONSER ALLOC ETF	464289883
VCIT	VANGUARD SCOTTSDALE FDS	9,710	$930	0.2%	$87.68	—	INT-TERM CORP	92206C870
ITOT	ISHARES TR	11,523	$870	0.2%	$61.88	—	CORE S&P TTL STK	464287150
AOM	ISHARES TR	18,795	$772	0.1%	$33.71	—	MODERT ALLOC ETF	464289875
SCHH	SCHWAB STRATEGIC TR	20,361	$720	0.1%	$39.67	—	US REIT ETF	808524847
IEFA	ISHARES TR	11,050	$666	0.1%	$56.47	—	CORE MSCI EAFE	46432F842
VNQI	VANGUARD INTL EQUITY INDEX F	13,421	$652	0.1%	$54.72	—	GLB EX US ETF	922042676
AGZ	ISHARES TR	5,213	$631	0.1%	$114.89	—	AGENCY BOND ETF	464288166
VNQ	VANGUARD INDEX FDS	7,816	$617	0.1%	$82.99	—	REAL ESTATE ETF	922908553
VYM	VANGUARD WHITEHALL FDS	7,484	$606	0.1%	$70.59	—	HIGH DIV YLD	921946406
DHS	WISDOMTREE TR	9,304	$581	0.1%	$61.47	—	US HIGH DIVIDEND	97717W208
GLD	SPDR GOLD TR	3,023	$535	0.1%	$121.39	—	GOLD SHS	78463V107
IEMG	ISHARES INC	7,776	$411	0.1%	$44.10	—	CORE MSCI EMKT	46434G103
—	INDEXIQ ETF TR	14,178	$248	0.0%	$25.11	—	US RL EST SMCP	45409B628