This ETF offers exposure to small cap European stocks, giving investors a way to access an asset class that is often overlooked (most European ETFs are tilted heavily towards large cap stocks). Because their performance is generally more closely tied to local consumption, small caps may be a better way to access the local economies of Western Europe. As such, DFE can potentially be used for complementary exposure to large caps, or perhaps as an alternative means of overweighting this region. It should be noted that SCZ is a more broadly-based small cap option; that fund offers exposure to small caps throughout the EAFE region. DFE's dividend-weighting methodology may have appeal to those looking to enhance current returns or simply steer clear of the potential pitfalls associated with cap-weighting. DFE is a little on the pricey side, but the depth and balance of exposure offered are impressive.