DFAE vs DFEM: Holdings Overlap
DFAEDimensional Emerging Core Equity Market ETF
Dimensional · 6342 holdings · $9.5B · as of 2026-04-30
DFEMDimensional Emerging Markets Core Equity 2 ETF
Dimensional · 6579 holdings · $9.0B · as of 2026-04-30
How similar are DFAE and DFEM?
Dimensional Emerging Core Equity Market ETF (DFAE, by Dimensional) holds 6342 positions; Dimensional Emerging Markets Core Equity 2 ETF (DFEM, by Dimensional) holds 6579. They have 5951 holdings in common, and by portfolio weight the two funds are 80.2% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 80.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 5951DFAE holds 6342 · DFEM holds 6579
- Weight in Shared Holdings
- DFAE 100%·DFEM 99%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
391 of 6342 positions (0.4% of the fund) are not held by DFEM. Showing the top 30 by weight.
Only in DFEM
628 of 6579 positions (0.7% 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% |
| DFEM | +0.2% | +19.5% | +31.4% | +19.8% | — | — | 1.89% |
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 DFEM →
Shared Holdings(5951)
The top 10 shared positions account for 27% of the overlap, led by TSMWF, 005930 and 000660.
 TSMWFTaiwan Semiconductor Manufacturing Co Ltd | 12.22% | 9.23% | 9.23% |
|---|---|---|---|
 005930Samsung Electronics Co Ltd | 4.35% | 3.72% | 3.72% |
 000660SK hynix Inc | 3.49% | 3.20% | 3.20% |
 700Tencent Holdings Ltd. | 2.65% | 1.95% | 1.95% |
 9988Alibaba Group Holding Ltd | 1.40% | 0.95% | 0.95% |
 C6TChina Construction Bank Corp | 0.78% | 0.75% | 0.75% |
 2308Delta Electronics Inc | 0.90% | 0.51% | 0.51% |
 PDDPDD Holdings Inc. SPONSORED ADS | 0.52% | 0.51% | 0.51% |
 2318RUBPing An Insurance Group Co of China Ltd | 0.47% | 0.54% | 0.47% |
 005380Hyundai Motor Co | 0.43% | 0.44% | 0.43% |
 HNHAFHon Hai Precision Industry Co Ltd | 0.53% | 0.40% | 0.40% |
 IBNICICI Bank Ltd | 0.42% | 0.40% | 0.40% |
 PETR4Petroleo Brasileiro SA - Petrobras | 0.37% | 0.43% | 0.37% |
 BHARTIBharti Airtel Ltd | 0.41% | 0.35% | 0.35% |
 SMSNRUBSamsung Electronics Co Ltd | 0.64% | 0.34% | 0.34% |
 VALEVale SA | 0.33% | 0.34% | 0.33% |
 2454MediaTek Inc | 0.69% | 0.32% | 0.32% |
 PC6PetroChina Co Ltd | 0.32% | 0.35% | 0.32% |
 ICKIndustrial & Commercial Bank of China Ltd | 0.44% | 0.31% | 0.31% |
 3037Unimicron Technology Corp | 0.31% | 0.47% | 0.31% |
 RJHISARAl Rajhi Bank | 0.35% | 0.29% | 0.29% |
 3690Meituan, B Shares | 0.32% | 0.29% | 0.29% |
 W8VBank of China Ltd | 0.33% | 0.28% | 0.28% |
 HDBHDFC BANK LTD | 0.33% | 0.27% | 0.27% |
 2383Elite Material Co Ltd | 0.26% | 0.33% | 0.26% |
Showing the top 250 of 5951 shared holdings by overlap weight.
Frequently Asked Questions
How much do DFAE and DFEM overlap?
DFAE and DFEM overlap by 80.2% of portfolio weight. They share 5951 holdings (DFAE holds 6342 positions and DFEM holds 6579), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DFAE and DFEM?
The two portfolios are 80.2% identical by weight. Owning both mostly doubles down on the shared core rather than diversifying: the same large positions drive both funds.
What are the biggest shared holdings of DFAE and DFEM?
The largest positions held by both funds are TSMWF, 005930, 000660, 700 and 9988. Together the top 10 shared positions account for 27% of the total overlap.
What does DFAE own that DFEM doesn't?
391 positions (0.4% of DFAE) are unique to DFAE, led by ADANIGR, Natura Cosmeticos SA and Thai Airways International PCL. In the other direction, 628 positions (0.7% of DFEM) are unique to DFEM.