DFAE vs FNDC: Holdings Overlap
DFAEDimensional Emerging Core Equity Market ETF
Dimensional · 6342 holdings · $9.5B · as of 2026-04-30
FNDCSchwab Fundamental International Small Equity ETF
Schwab · 1580 holdings · $3.1B · as of 2026-05-31
Holdings snapshots are 31 days apart (DFAE: 2026-04-30, FNDC: 2026-05-31). 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 DFAE and FNDC?
Dimensional Emerging Core Equity Market ETF (DFAE, by Dimensional) holds 6342 positions; Schwab Fundamental International Small Equity ETF (FNDC, by Schwab) holds 1580. They have 147 holdings in common, and by portfolio weight the two funds are 3.3% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 3.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 147DFAE holds 6342 · FNDC holds 1580
- Weight in Shared Holdings
- DFAE 4%·FNDC 11%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
6195 of 6342 positions (96.2% of the fund) are not held by FNDC. 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% |
| FNDC | +4.3% | +15.1% | +22.5% | +18.2% | +8.5% | +9.0% | 3.53% |
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 FNDC →
Shared Holdings(147)
The top 10 shared positions account for 28% of the overlap, led by 009540, 010120 and 032830.
 009540HD Korea Shipbuilding & Offshore Engineering Co Ltd | 0.14% | 0.15% | 0.14% |
|---|---|---|---|
 010120LS Electric Co. Ltd KRW5000 | 0.24% | 0.11% | 0.11% |
 032830Samsung Life Insurance Co Ltd | 0.10% | 0.37% | 0.10% |
 068270Celltrion Inc | 0.10% | 0.10% | 0.10% |
 071050Korea Investment Holdings Co Ltd | 0.08% | 0.14% | 0.08% |
 012450Hanwha Aerospace Co Ltd | 0.20% | 0.07% | 0.07% |
 028050Samsung E&A Co Ltd | 0.07% | 0.28% | 0.07% |
 000150Doosan Co Ltd | 0.07% | 0.25% | 0.07% |
 006800Mirae Asset Securities Co Ltd | 0.07% | 0.15% | 0.07% |
 138040Meritz Financial Group Inc | 0.07% | 0.10% | 0.07% |
 373220LG Energy Solution Ltd | 0.06% | 0.07% | 0.06% |
 035720Kakao Corp | 0.06% | 0.08% | 0.06% |
 006260LS Corp | 0.06% | 0.29% | 0.06% |
 259960Krafton Inc | 0.06% | 0.07% | 0.06% |
 016360Samsung Securities Co Ltd | 0.05% | 0.09% | 0.05% |
 CGGChina Gold International Resources Corp Ltd | 0.05% | 0.07% | 0.05% |
 010140Samsung Heavy Industries Co Ltd | 0.11% | 0.05% | 0.05% |
 047810Korea Aerospace Industries Ltd | 0.06% | 0.05% | 0.05% |
 LPPLPP SA | 0.05% | 0.11% | 0.05% |
 086520Ecopro Co Ltd | 0.05% | 0.07% | 0.05% |
 039490KIWOOM Securities Co Ltd | 0.05% | 0.06% | 0.05% |
 MBKmBank SA | 0.05% | 0.05% | 0.05% |
 047040Daewoo Engineering & Construction Co Ltd | 0.05% | 0.49% | 0.05% |
 267270HD Construction Equipment Co Ltd | 0.05% | 0.13% | 0.05% |
 000990DB HiTek Co Ltd | 0.05% | 0.15% | 0.05% |
Frequently Asked Questions
How much do DFAE and FNDC overlap?
DFAE and FNDC overlap by 3.3% of portfolio weight. They share 147 holdings (DFAE holds 6342 positions and FNDC holds 1580), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DFAE and FNDC?
The two portfolios are 3.3% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of DFAE and FNDC?
The largest positions held by both funds are 009540, 010120, 032830, 068270 and 071050. Together the top 10 shared positions account for 28% of the total overlap.
What does DFAE own that FNDC doesn't?
6195 positions (96.2% of DFAE) are unique to DFAE, led by TSMWF, 005930 and 000660. In the other direction, 1433 positions (88.7% of FNDC) are unique to FNDC.