DFAC vs FHLC: Holdings Overlap
DFACDimensional U.S. Core Equity 2 ETF
Dimensional · 2546 holdings · $47.9B · as of 2026-04-30
FHLCFidelity MSCI Health Care Index ETF
Fidelity · 337 holdings · $3.3B · as of 2026-04-30
How similar are DFAC and FHLC?
Dimensional U.S. Core Equity 2 ETF (DFAC, by Dimensional) holds 2546 positions; Fidelity MSCI Health Care Index ETF (FHLC, by Fidelity) holds 337. They have 253 holdings in common, and by portfolio weight the two funds are 8.9% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 8.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 253DFAC holds 2546 · FHLC holds 337
- Weight in Shared Holdings
- DFAC 9%·FHLC 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
2293 of 2546 positions (90.9% of the fund) are not held by FHLC. Showing the top 30 by weight.
Sector Breakdown
| Sector | DFAC | FHLC |
|---|---|---|
| Health Care | 8.9% | 99.6% |
| Information Technology | 27.1% | 0.0% |
| Financials | 14.6% | 0.0% |
| Industrials | 13.6% | 0.0% |
| Consumer Discretionary | 10.2% | 0.0% |
| Other Sectors | 24.9% | 0.0% |
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.
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% |
| FHLC | +0.7% | +9.3% | +33.0% | +10.0% | +5.3% | +10.1% | 1.26% |
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 FHLC →
Shared Holdings(253)
The top 10 shared positions account for 42% of the overlap, led by LLY, JNJ and ABBV.
 LLYEli Lilly & Co. COM | 0.87% | 12.13% | 0.87% |
|---|---|---|---|
 JNJJohnson & Johnson COM | 0.82% | 8.94% | 0.82% |
 ABBVAbbVie Inc. COM | 0.40% | 6.03% | 0.40% |
 MRKMerck & Co., Inc COM | 0.38% | 4.38% | 0.38% |
 AMGNAmgen Inc. COM | 0.26% | 3.01% | 0.26% |
 UNHUnitedHealth Group Inc. COM | 0.25% | 5.42% | 0.25% |
 GILDGilead Sciences Inc. COM | 0.24% | 2.62% | 0.24% |
 BMYBristol-Myers Squibb Company COM | 0.19% | 1.99% | 0.19% |
 PFEPfizer Inc. COM | 0.17% | 2.45% | 0.17% |
 ABTAbbott Laboratories COM | 0.16% | 2.55% | 0.16% |
 CIThe Cigna Group COM | 0.15% | 1.25% | 0.15% |
 ELVElevance Health Inc. COM | 0.15% | 1.35% | 0.15% |
 TMOThermo Fisher Scientific Inc COM | 0.12% | 2.91% | 0.12% |
 CORCencora Inc COM | 0.11% | 0.92% | 0.11% |
 CVSCVS Health Corp COM | 0.10% | 1.71% | 0.10% |
 ZTSZoetis, Inc., Class A | 0.09% | 0.82% | 0.09% |
 MDTMedtronic PLC USD0.0001 | 0.09% | 1.68% | 0.09% |
 BDXBecton, Dickinson and Company COM | 0.09% | 0.69% | 0.09% |
 WATWaters Corporation COM | 0.08% | 0.49% | 0.08% |
 SYKStryker Corporation COM | 0.08% | 1.75% | 0.08% |
 UTHRUnited Therapeutics Corporation COM | 0.08% | 0.38% | 0.08% |
 RVMDRevolution Medicines Inc COM | 0.08% | 0.38% | 0.08% |
 IDXXIDEXX Laboratories Inc. COM | 0.08% | 0.72% | 0.08% |
 ROIVRoivant Sciences Ltd SHS | 0.07% | 0.17% | 0.07% |
 VRTXVertex Pharmaceuticals Incorporated COM | 0.07% | 1.75% | 0.07% |
Showing the top 250 of 253 shared holdings by overlap weight.
Frequently Asked Questions
How much do DFAC and FHLC overlap?
DFAC and FHLC overlap by 8.9% of portfolio weight. They share 253 holdings (DFAC holds 2546 positions and FHLC holds 337), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DFAC and FHLC?
The two portfolios are 8.9% 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 DFAC and FHLC?
The largest positions held by both funds are LLY, JNJ, ABBV, MRK and AMGN. Together the top 10 shared positions account for 42% of the total overlap.
What does DFAC own that FHLC doesn't?
2293 positions (90.9% of DFAC) are unique to DFAC, led by NVDA, AAPL and MSFT. In the other direction, 84 positions (2.8% of FHLC) are unique to FHLC.