ACWV vs DFIC: Holdings Overlap
ACWViShares MSCI Global Min Vol Factor ETF
iShares · 412 holdings · $3.4B · as of 2026-05-31
DFICDimensional International Core Equity 2 ETF
Dimensional · 4018 holdings · $14.8B · as of 2026-04-30
Holdings snapshots are 31 days apart (ACWV: 2026-05-31, DFIC: 2026-04-30). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are ACWV and DFIC?
iShares MSCI Global Min Vol Factor ETF (ACWV, by iShares) holds 412 positions; Dimensional International Core Equity 2 ETF (DFIC, by Dimensional) holds 4018. They have 103 holdings in common, and by portfolio weight the two funds are 5.4% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 5.4%Sum of the smaller weight of each shared holding
- Shared Holdings
- 103ACWV holds 412 · DFIC holds 4018
- Weight in Shared Holdings
- ACWV 21%·DFIC 6%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in ACWV
309 of 412 positions (78.3% of the fund) are not held by DFIC. Showing the top 30 by weight.
Only in DFIC
3915 of 4018 positions (92.4% of the fund) are not held by ACWV. Showing the top 30 by weight.
Sector Breakdown
| Sector | ACWV | DFIC |
|---|---|---|
| Information Technology | 24.2% | 4.3% |
| Financials | 12.9% | 14.8% |
| Health Care | 12.5% | 4.8% |
| Communication Services | 11.5% | 3.0% |
| Industrials | 6.8% | 10.4% |
| Other Sectors | 26.3% | 24.8% |
| Unclassified | 5.1% | 36.7% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts. “Unclassified” is weight we could not classify (5% of ACWV, 37% of DFIC).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| ACWV | +3.3% | +7.6% | +9.5% | +11.3% | +6.1% | +7.4% | 1.87% |
| DFIC | +4.5% | +15.5% | +27.1% | +20.0% | — | — | 2.30% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in ACWV vs DFIC →
Shared Holdings(103)
The top 10 shared positions account for 40% of the overlap, led by DTE, ORA and KPN.
 DTEDeutsche Telekom AG (Registered) | 0.53% | 0.45% | 0.45% |
|---|---|---|---|
 ORAOrange SA | 0.83% | 0.33% | 0.33% |
 KPNKoninklijke KPN N.V. EUR0.04 | 0.42% | 0.20% | 0.20% |
 1605Inpex Corp. NPV | 0.20% | 0.21% | 0.20% |
 DBSDBS Group Holdings Ltd. NPV | 0.27% | 0.19% | 0.19% |
 NOKIANokia Oyj | 0.39% | 0.18% | 0.18% |
 ADKoninklijke Ahold Delhaize NV EUR0.01 | 0.18% | 0.18% | 0.18% |
 SCMNSwisscom AG (Registered) | 0.47% | 0.17% | 0.17% |
 9433KDDI Corp NPV | 1.01% | 0.16% | 0.16% |
 NESNNestle SA CHF0.10 (REGD) | 0.12% | 0.63% | 0.12% |
 4502Takeda Pharmaceutical Co Ltd. NPV | 0.50% | 0.12% | 0.12% |
 4503Astellas Pharma Inc. NPV | 0.24% | 0.11% | 0.11% |
 4578Otsuka Holdings Co Ltd. NPV | 0.43% | 0.09% | 0.09% |
 DOLDollarama, Inc. | 0.09% | 0.12% | 0.09% |
 WCNWaste Connections, Inc. | 0.31% | 0.09% | 0.09% |
 SAMPOSampo OYJ, Class A | 0.14% | 0.09% | 0.09% |
 POLIIL-SBank Hapoalim BM | 0.37% | 0.08% | 0.08% |
 CPGCompass Group PLC ORD GBP0.1105 | 0.08% | 0.14% | 0.08% |
 9434SoftBank Corp NPV | 0.82% | 0.08% | 0.08% |
 NOVNNovartis AG CHF0.49 (REGD) | 0.87% | 0.08% | 0.08% |
 IBEIberdrola, S.A. EUR0.75 | 0.07% | 0.09% | 0.07% |
 LLoblaw Cos. Ltd. | 0.31% | 0.07% | 0.07% |
 6702Fujitsu Ltd. NPV | 0.36% | 0.07% | 0.07% |
 IDRIndra Sistemas SA | 0.11% | 0.07% | 0.07% |
 ASMLASML Holding N.V. EUR0.09 | 0.12% | 0.07% | 0.07% |
Frequently Asked Questions
How much do ACWV and DFIC overlap?
ACWV and DFIC overlap by 5.4% of portfolio weight. They share 103 holdings (ACWV holds 412 positions and DFIC holds 4018), based on each fund's latest SEC-reported holdings.
Is it redundant to own both ACWV and DFIC?
The two portfolios are 5.4% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of ACWV and DFIC?
The largest positions held by both funds are DTE, ORA, KPN, 1605 and DBS. Together the top 10 shared positions account for 40% of the total overlap.
What does ACWV own that DFIC doesn't?
309 positions (78.3% of ACWV) are unique to ACWV, led by CSCO, JNJ and TSMWF. In the other direction, 3915 positions (92.4% of DFIC) are unique to DFIC.