AVDE vs DFAX: Holdings Overlap
AVDEAvantis International Equity ETF
Avantis · 3290 holdings · $18.2B · as of 2026-05-31
DFAXDimensional World ex. U.S. Core Equity 2 ETF
Dimensional · 10527 holdings · $12.0B · as of 2026-04-30
Holdings snapshots are 31 days apart (AVDE: 2026-05-31, DFAX: 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 AVDE and DFAX?
Avantis International Equity ETF (AVDE, by Avantis) holds 3290 positions; Dimensional World ex. U.S. Core Equity 2 ETF (DFAX, by Dimensional) holds 10527. They have 2729 holdings in common, and by portfolio weight the two funds are 49.2% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 49.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 2729AVDE holds 3290 · DFAX holds 10527
- Weight in Shared Holdings
- AVDE 94%·DFAX 58%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 AVDE
561 of 3290 positions (5.1% of the fund) are not held by DFAX. Showing the top 30 by weight.
Only in DFAX
7798 of 10527 positions (41.3% of the fund) are not held by AVDE. Showing the top 30 by weight.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| AVDE | +4.7% | +15.8% | +27.7% | +20.7% | +11.2% | — | 2.35% |
| DFAX | +3.5% | +17.0% | +29.0% | +20.1% | — | — | 2.27% |
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 AVDE vs DFAX →
Shared Holdings(2729)
The top 10 shared positions account for 8% of the overlap, led by ASML, NVS and SHEL.
 ASMLASML Holding N.V., New York Shares | 1.31% | 0.56% | 0.56% |
|---|---|---|---|
 NVSNovartis AG SPONSORED ADR | 0.54% | 0.66% | 0.54% |
 SHELShell PLC SPON ADS | 0.83% | 0.49% | 0.49% |
 TTETotalEnergies SE EUR2.5 | 0.46% | 0.61% | 0.46% |
 RYGovernment Long Bond 1.2x Strategy Fund | 0.41% | 0.55% | 0.41% |
 5803Fujikura Ltd. NPV | 0.35% | 0.56% | 0.35% |
 CLSCelestica Inc | 0.46% | 0.31% | 0.31% |
 ROPRoche Holding AG | 0.94% | 0.30% | 0.30% |
 DTEDeutsche Telekom AG (Registered) | 0.49% | 0.28% | 0.28% |
 NESNNestle SA (Registered) | 0.28% | 0.36% | 0.28% |
 SUSuncor Energy Inc | 0.37% | 0.26% | 0.26% |
 BPBP PLC | 0.48% | 0.25% | 0.25% |
 HSBCHSBC Holdings PLC SPON ADR NEW | 0.81% | 0.25% | 0.25% |
 6857Advantest Corp. NPV | 0.37% | 0.24% | 0.24% |
 AZNAstraZeneca PLC ORD USD0.25 | 0.48% | 0.23% | 0.23% |
 IFXInfineon Technologies AG | 0.42% | 0.23% | 0.23% |
 KUSDKinross Gold Corp | 0.23% | 0.26% | 0.23% |
 RHMRheinmetall AG | 0.27% | 0.22% | 0.22% |
 6501Hitachi Ltd. NPV | 0.29% | 0.22% | 0.22% |
 ENRSiemens Energy AG | 0.30% | 0.22% | 0.22% |
 AEMAgnico Eagle Mines Ltd | 0.38% | 0.21% | 0.21% |
 CNQCanadian Natural Resources Ltd | 0.35% | 0.21% | 0.21% |
 TDThe Toronto-Dominion Bank COM NEW | 0.33% | 0.21% | 0.21% |
 UCGUniCredit SpA | 0.32% | 0.20% | 0.20% |
 ABBNABB Ltd. (Registered) | 0.40% | 0.20% | 0.20% |
Showing the top 250 of 2729 shared holdings by overlap weight.
Frequently Asked Questions
How much do AVDE and DFAX overlap?
AVDE and DFAX overlap by 49.2% of portfolio weight. They share 2729 holdings (AVDE holds 3290 positions and DFAX holds 10527), based on each fund's latest SEC-reported holdings.
Is it redundant to own both AVDE and DFAX?
The two portfolios are 49.2% identical by weight. Owning both is defensible: they share a meaningful core, but each fund adds exposure the other lacks.
What are the biggest shared holdings of AVDE and DFAX?
The largest positions held by both funds are ASML, NVS, SHEL, TTE and RY. Together the top 10 shared positions account for 8% of the total overlap.
What does AVDE own that DFAX doesn't?
561 positions (5.1% of AVDE) are unique to AVDE, led by 9984, MFG and VOD. In the other direction, 7798 positions (41.3% of DFAX) are unique to DFAX.