ACWX vs DFIV: Holdings Overlap
ACWXiShares MSCI ACWI ex U.S. ETF
iShares · 1761 holdings · $11.7B · as of 2026-04-30
DFIVDimensional International Value ETF
Dimensional · 572 holdings · $21.4B · as of 2026-04-30
How similar are ACWX and DFIV?
iShares MSCI ACWI ex U.S. ETF (ACWX, by iShares) holds 1761 positions; Dimensional International Value ETF (DFIV, by Dimensional) holds 572. They have 340 holdings in common, and by portfolio weight the two funds are 25.1% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 25.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 340ACWX holds 1761 · DFIV holds 572
- Weight in Shared Holdings
- ACWX 29%·DFIV 83%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 ACWX
1421 of 1761 positions (70.8% of the fund) are not held by DFIV. Showing the top 30 by weight.
Sector Breakdown
| Sector | ACWX | DFIV |
|---|---|---|
| Financials | 21.6% | 30.2% |
| Information Technology | 17.5% | 1.9% |
| Energy | 4.8% | 14.9% |
| Industrials | 12.5% | 6.6% |
| Materials | 5.8% | 9.8% |
| Other Sectors | 25.9% | 22.8% |
| Unclassified | 11.4% | 13.0% |
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 (11% of ACWX, 13% of DFIV).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| ACWX | +3.0% | +16.6% | +28.7% | +19.1% | +9.3% | +9.6% | 2.46% |
| DFIV | +4.9% | +18.1% | +34.9% | +24.0% | — | — | 2.55% |
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 ACWX vs DFIV →
Shared Holdings(340)
The top 10 shared positions account for 20% of the overlap, led by SHEL, HSBA and 7203.
 SHELShell PLC | 0.71% | 0.82% | 0.71% |
|---|---|---|---|
 HSBAHSBC Holdings PLC | 0.86% | 0.68% | 0.68% |
 7203Toyota Motor Corp. NPV | 0.51% | 1.86% | 0.51% |
 TTETotalEnergies SE EUR2.5 | 0.50% | 2.23% | 0.50% |
 TDThe Toronto-Dominion Bank COM NEW | 0.50% | 1.32% | 0.50% |
 SANBanco Santander SA | 0.49% | 1.83% | 0.49% |
 8306Mitsubishi UFJ Financial Group Inc. NPV | 0.57% | 0.47% | 0.47% |
 UBSGUBS Group AG (Registered) | 0.39% | 0.71% | 0.39% |
 8316Sumitomo Mitsui Financial Group Inc. NPV | 0.37% | 0.90% | 0.37% |
 BATSBritish American Tobacco PLC | 0.35% | 0.67% | 0.35% |
 DTEDeutsche Telekom AG (Registered) | 0.32% | 0.53% | 0.32% |
 8411Mizuho Financial Group Inc. NPV | 0.30% | 0.51% | 0.30% |
 UCGUniCredit SpA | 0.29% | 0.54% | 0.29% |
 BMOBank of Montreal COM | 0.29% | 0.96% | 0.29% |
 BNPBNP Paribas SA | 0.29% | 0.71% | 0.29% |
 CFRCie Financiere Richemont SA (Registered) | 0.28% | 0.70% | 0.28% |
 CMCanadian Imperial Bank of Commerce COM | 0.28% | 0.71% | 0.28% |
| SANSanofi SA | 0.28% | 0.40% | 0.28% |
 ZURNZurich Insurance Group AG | 0.28% | 0.94% | 0.28% |
 BNSBank of Nova Scotia/The | 0.26% | 0.90% | 0.26% |
 WBCWestpac Banking Corp. | 0.26% | 0.73% | 0.26% |
 BP-BP plc | 0.34% | 0.25% | 0.25% |
 NABNational Australia Bank Ltd. | 0.24% | 0.57% | 0.24% |
 INGAING Groep NV | 0.23% | 0.58% | 0.23% |
 SUSuncor Energy Inc | 0.23% | 1.17% | 0.23% |
Showing the top 250 of 340 shared holdings by overlap weight.
Frequently Asked Questions
How much do ACWX and DFIV overlap?
ACWX and DFIV overlap by 25.1% of portfolio weight. They share 340 holdings (ACWX holds 1761 positions and DFIV holds 572), based on each fund's latest SEC-reported holdings.
Is it redundant to own both ACWX and DFIV?
The two portfolios are 25.1% 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 ACWX and DFIV?
The largest positions held by both funds are SHEL, HSBA, 7203, TTE and TD. Together the top 10 shared positions account for 20% of the total overlap.
What does ACWX own that DFIV doesn't?
1421 positions (70.8% of ACWX) are unique to ACWX, led by TSMWF, 005930 and ASML. In the other direction, 232 positions (16.5% of DFIV) are unique to DFIV.