DEM vs NFRA: Holdings Overlap
DEMWisdomTree Emerging Markets High Dividend Fund
WisdomTree · 533 holdings · $3.9B · as of 2026-03-31
NFRAFlexShares STOXX Global Broad Infrastructure Index Fund
FlexShares · 185 holdings · $3.0B · as of 2026-04-30
Holdings snapshots are 30 days apart (DEM: 2026-03-31, NFRA: 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 DEM and NFRA?
WisdomTree Emerging Markets High Dividend Fund (DEM, by WisdomTree) holds 533 positions; FlexShares STOXX Global Broad Infrastructure Index Fund (NFRA, by FlexShares) holds 185. They have 9 holdings in common, and by portfolio weight the two funds are 1.4% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 1.4%Sum of the smaller weight of each shared holding
- Shared Holdings
- 9DEM holds 533 · NFRA holds 185
- Weight in Shared Holdings
- DEM 3%·NFRA 1%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 DEM
524 of 533 positions (96.6% of the fund) are not held by NFRA. Showing the top 30 by weight.
Only in NFRA
176 of 185 positions (98.0% of the fund) are not held by DEM. Showing the top 30 by weight.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| DEM | +2.5% | +19.2% | +24.0% | +17.6% | +10.5% | +9.2% | 4.10% |
| NFRA | +1.4% | +10.0% | +12.8% | +12.9% | +6.1% | +6.9% | 5.63% |
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 DEM vs NFRA →
Shared Holdings(9)
The top 9 shared positions account for 100% of the overlap, led by GAPB, ASURB and RAIL3.
 GAPBGrupo Aeroportuario Del Pacifico S.A.B. de C.V. COM NPV SER'B' | 0.57% | 0.48% | 0.48% |
|---|---|---|---|
 ASURBGrupo Aeroportuario del Sureste S.A.B. de C.V. SER'B'NPV | 0.86% | 0.24% | 0.24% |
 RAIL3Rumo SA COM NPV | 0.22% | 0.21% | 0.21% |
| Grupo Aeroportuario del Centro Norte S.A.B. de C.V. SER'B' NPV | 0.32% | 0.17% | 0.17% |
| Cia de Saneamento de Minas Gerais Copasa MG | 0.27% | 0.10% | 0.10% |
 JE2Jiangsu Expressway Co Ltd. H SHS CNY1 | 0.15% | 0.08% | 0.08% |
| Westport Holdings Berhad NPV | 0.19% | 0.08% | 0.08% |
| Aguas Andinas SA COM NPV SER'A' | 0.14% | 0.05% | 0.05% |
 PETGASPETRONAS Gas Berhad NPV | 0.22% | 0.04% | 0.04% |
Frequently Asked Questions
How much do DEM and NFRA overlap?
DEM and NFRA overlap by 1.4% of portfolio weight. They share 9 holdings (DEM holds 533 positions and NFRA holds 185), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DEM and NFRA?
The two portfolios are 1.4% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of DEM and NFRA?
The largest positions held by both funds are GAPB, ASURB, RAIL3, Grupo Aeroportuario del Centro Norte S.A.B. de C.V. SER'B' NPV and Cia de Saneamento de Minas Gerais Copasa MG. Together the top 9 shared positions account for 100% of the total overlap.
What does DEM own that NFRA doesn't?
524 positions (96.6% of DEM) are unique to DEM, led by C6T, ICK and 2454. In the other direction, 176 positions (98.0% of NFRA) are unique to NFRA.