DFAC vs FELC: Holdings Overlap
DFACDimensional U.S. Core Equity 2 ETF
Dimensional · 2546 holdings · $47.9B · as of 2026-04-30
FELCFidelity Enhanced Large Cap Core ETF
Fidelity · 210 holdings · $8.4B · as of 2026-03-31
Holdings snapshots are 30 days apart (DFAC: 2026-04-30, FELC: 2026-03-31). 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 DFAC and FELC?
Dimensional U.S. Core Equity 2 ETF (DFAC, by Dimensional) holds 2546 positions; Fidelity Enhanced Large Cap Core ETF (FELC, by Fidelity) holds 210. They have 194 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
- 194DFAC holds 2546 · FELC holds 210
- Weight in Shared Holdings
- DFAC 54%·FELC 97%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 DFAC
2352 of 2546 positions (45.8% of the fund) are not held by FELC. Showing the top 30 by weight.
Sector Breakdown
| Sector | DFAC | FELC |
|---|---|---|
| Information Technology | 27.1% | 33.6% |
| Financials | 14.6% | 13.1% |
| Industrials | 13.6% | 9.7% |
| Communication Services | 8.4% | 11.9% |
| Consumer Discretionary | 10.2% | 9.7% |
| Other Sectors | 25.4% | 20.8% |
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.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| DFAC | +3.7% | +16.6% | +26.8% | +19.5% | +12.3% | — | 0.88% |
| FELC | +4.4% | +15.7% | +26.2% | — | — | — | 0.81% |
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 DFAC vs FELC →
Shared Holdings(194)
The top 10 shared positions account for 52% of the overlap, led by NVDA, AAPL and MSFT.
 NVDANVIDIA Corp. COM | 5.60% | 7.96% | 5.60% |
|---|---|---|---|
 AAPLApple Inc. COM | 4.68% | 7.14% | 4.68% |
 MSFTMicrosoft Corp. COM | 3.92% | 4.70% | 3.92% |
 AMZNAmazon.com, Inc. COM | 3.06% | 3.97% | 3.06% |
 GOOGLAlphabet Inc. CAP STK CL A | 2.14% | 3.10% | 2.14% |
 METAMeta Platforms, Inc., Class A | 1.87% | 2.58% | 1.87% |
 GOOGAlphabet Inc. CAP STK CL C | 1.69% | 2.31% | 1.69% |
 JPMJPMorgan Chase & Co. COM | 1.00% | 1.66% | 1.00% |
 AVGOBroadcom Inc COM | 0.95% | 3.09% | 0.95% |
 XOMExxon Mobil Corp. COM | 0.88% | 1.49% | 0.88% |
 LLYEli Lilly & Co. COM | 0.87% | 1.56% | 0.87% |
 MUMicron Technology Inc. COM | 0.71% | 1.07% | 0.71% |
 BRK-BBerkshire Hathaway, Inc., Class B | 0.71% | 2.09% | 0.71% |
 JNJJohnson & Johnson COM | 0.82% | 0.65% | 0.65% |
 VVisa, Inc., Class A | 0.65% | 0.61% | 0.61% |
 CVXChevron Corp. COM | 0.56% | 0.59% | 0.56% |
 MAMasterCard Incorporated CL A | 0.48% | 1.22% | 0.48% |
 PGThe Procter & Gamble Co. COM | 0.50% | 0.47% | 0.47% |
 CSCOCisco Systems, Inc. COM | 0.46% | 0.82% | 0.46% |
 NFLXNetflix, Inc. COM | 0.41% | 0.57% | 0.41% |
 ABBVAbbVie Inc. COM | 0.40% | 1.14% | 0.40% |
 HDHome Depot, Inc. (The) | 0.38% | 0.41% | 0.38% |
 LRCXLam Research Corporation COM NEW | 0.37% | 0.37% | 0.37% |
 WFCWells Fargo & Co. COM | 0.32% | 0.58% | 0.32% |
 PEPPepsico Inc COM | 0.31% | 0.62% | 0.31% |
Frequently Asked Questions
How much do DFAC and FELC overlap?
DFAC and FELC overlap by 49.2% of portfolio weight. They share 194 holdings (DFAC holds 2546 positions and FELC holds 210), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DFAC and FELC?
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 DFAC and FELC?
The largest positions held by both funds are NVDA, AAPL, MSFT, AMZN and GOOGL. Together the top 10 shared positions account for 52% of the total overlap.
What does DFAC own that FELC doesn't?
2352 positions (45.8% of DFAC) are unique to DFAC, led by IBM, KLAC and AMGN. In the other direction, 16 positions (2.1% of FELC) are unique to FELC.