DFAE vs DFAX: Holdings Overlap
DFAEDimensional Emerging Core Equity Market ETF
Dimensional · 6342 holdings · $9.5B · as of 2026-04-30
DFAXDimensional World ex. U.S. Core Equity 2 ETF
Dimensional · 10527 holdings · $12.0B · as of 2026-04-30
How similar are DFAE and DFAX?
Dimensional Emerging Core Equity Market ETF (DFAE, by Dimensional) holds 6342 positions; Dimensional World ex. U.S. Core Equity 2 ETF (DFAX, by Dimensional) holds 10527. They have 5768 holdings in common, and by portfolio weight the two funds are 32.2% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 32.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 5768DFAE holds 6342 · DFAX holds 10527
- Weight in Shared Holdings
- DFAE 99%·DFAX 33%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 DFAE
574 of 6342 positions (0.8% of the fund) are not held by DFAX. Showing the top 30 by weight.
Only in DFAX
4759 of 10527 positions (66.7% of the fund) are not held by DFAE. Showing the top 30 by weight.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| DFAE | +0.3% | +20.0% | +33.0% | +20.1% | +9.2% | — | 1.80% |
| 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 DFAE vs DFAX →
Shared Holdings(5768)
The top 10 shared positions account for 15% of the overlap, led by TSMWF, 005930 and 000660.
 TSMWFTaiwan Semiconductor Manufacturing Co Ltd | 12.22% | 1.45% | 1.45% |
|---|---|---|---|
 005930Samsung Electronics Co Ltd | 4.35% | 1.12% | 1.12% |
 000660SK hynix Inc | 3.49% | 0.59% | 0.59% |
 700Tencent Holdings Ltd. | 2.65% | 0.50% | 0.50% |
 SMSNRUBSamsung Electronics Co Ltd | 0.64% | 0.27% | 0.27% |
 9988Alibaba Group Holding Ltd | 1.40% | 0.23% | 0.23% |
 3037Unimicron Technology Corp | 0.31% | 0.21% | 0.21% |
 C6TChina Construction Bank Corp | 0.78% | 0.19% | 0.19% |
 2454MediaTek Inc | 0.69% | 0.17% | 0.17% |
 AVMPFAsia Vital Components Co Ltd | 0.23% | 0.15% | 0.15% |
 3711ASE Technology Holding Co Ltd | 0.23% | 0.15% | 0.15% |
 2318RUBPing An Insurance Group Co of China Ltd | 0.47% | 0.14% | 0.14% |
 105560KB Financial Group Inc | 0.23% | 0.12% | 0.12% |
 2308Delta Electronics Inc | 0.90% | 0.11% | 0.11% |
 BHEBharat Electronics Ltd | 0.13% | 0.11% | 0.11% |
 2891CTBC Financial Holding Co Ltd | 0.23% | 0.10% | 0.10% |
 GFIGold Fields Ltd | 0.26% | 0.10% | 0.10% |
 PETR4Petroleo Brasileiro SA - Petrobras | 0.37% | 0.10% | 0.10% |
 IBNICICI Bank Ltd | 0.42% | 0.10% | 0.10% |
 005380Hyundai Motor Co | 0.43% | 0.10% | 0.10% |
 PC6PetroChina Co Ltd | 0.32% | 0.10% | 0.10% |
 MMMahindra & Mahindra Ltd | 0.23% | 0.10% | 0.10% |
 086790Hana Financial Group Inc | 0.28% | 0.10% | 0.10% |
 PETR3Petroleo Brasileiro SA - Petrobras | 0.12% | 0.10% | 0.10% |
 YUMCYum China Holdings Inc | 0.17% | 0.10% | 0.10% |
Showing the top 250 of 5768 shared holdings by overlap weight.
Frequently Asked Questions
How much do DFAE and DFAX overlap?
DFAE and DFAX overlap by 32.2% of portfolio weight. They share 5768 holdings (DFAE holds 6342 positions and DFAX holds 10527), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DFAE and DFAX?
The two portfolios are 32.2% 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 DFAE and DFAX?
The largest positions held by both funds are TSMWF, 005930, 000660, 700 and SMSNRUB. Together the top 10 shared positions account for 15% of the total overlap.
What does DFAE own that DFAX doesn't?
574 positions (0.8% of DFAE) are unique to DFAE, led by LTM, PBR and ELMSAR. In the other direction, 4759 positions (66.7% of DFAX) are unique to DFAX.