DFAE vs FNDF: Holdings Overlap
DFAEDimensional Emerging Core Equity Market ETF
Dimensional · 6342 holdings · $9.5B · as of 2026-04-30
FNDFSchwab Fundamental International Equity ETF
Schwab · 888 holdings · $25.2B · as of 2026-05-31
Holdings snapshots are 31 days apart (DFAE: 2026-04-30, FNDF: 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 FNDF?
Dimensional Emerging Core Equity Market ETF (DFAE, by Dimensional) holds 6342 positions; Schwab Fundamental International Equity ETF (FNDF, by Schwab) holds 888. They have 54 holdings in common, and by portfolio weight the two funds are 8.8% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 8.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 54DFAE holds 6342 · FNDF holds 888
- Weight in Shared Holdings
- DFAE 13%·FNDF 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
6288 of 6342 positions (87.7% of the fund) are not held by FNDF. Showing the top 30 by weight.
Sector Breakdown
| Sector | DFAE | FNDF |
|---|---|---|
| Information Technology | 28.8% | 12.3% |
| Financials | 10.5% | 15.8% |
| Industrials | 2.4% | 11.4% |
| Energy | 2.8% | 10.0% |
| Materials | 3.0% | 9.5% |
| Other Sectors | 13.6% | 27.2% |
| Unclassified | 39.1% | 13.1% |
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. “Unclassified” is weight we could not classify (39% of DFAE, 13% of FNDF).
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% |
| FNDF | +4.2% | +22.8% | +39.1% | +23.1% | +14.5% | +12.0% | 2.97% |
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 FNDF →
Shared Holdings(54)
The top 10 shared positions account for 82% of the overlap, led by 005930, 000660 and 005380.
 005930Samsung Electronics Co Ltd | 4.35% | 5.51% | 4.35% |
|---|---|---|---|
 000660SK hynix Inc | 3.49% | 1.37% | 1.37% |
 005380Hyundai Motor Co | 0.43% | 0.50% | 0.43% |
 009150Samsung Electro-Mechanics Co Ltd | 0.25% | 0.40% | 0.25% |
 PKNOrlen SA PLN1.25 | 0.16% | 0.20% | 0.16% |
 055550Shinhan Financial Group Co Ltd | 0.19% | 0.14% | 0.14% |
 005490POSCO Holdings Inc | 0.13% | 0.34% | 0.13% |
 006400Samsung SDI Co Ltd. KRW5000 | 0.24% | 0.13% | 0.13% |
 105560KB Financial Group Inc | 0.23% | 0.12% | 0.12% |
 066570LG Electronics Inc | 0.12% | 0.41% | 0.12% |
 051910LG Chem Ltd | 0.10% | 0.12% | 0.10% |
 034730SK Inc | 0.10% | 0.31% | 0.10% |
 086790Hana Financial Group Inc | 0.28% | 0.09% | 0.09% |
 011070LG Innotek Co Ltd | 0.08% | 0.21% | 0.08% |
 KGHKGHM Polska Miedz SA | 0.09% | 0.07% | 0.07% |
 316140Woori Financial Group Inc | 0.14% | 0.07% | 0.07% |
 AUAnglogold Ashanti PLC COM SHS | 0.29% | 0.05% | 0.05% |
 267250HD Hyundai Co Ltd | 0.10% | 0.05% | 0.05% |
 PZUPowszechny Zaklad Ubezpieczen SA | 0.07% | 0.05% | 0.05% |
 086280Hyundai Glovis Co Ltd | 0.07% | 0.05% | 0.05% |
 033780KT&G Corp | 0.10% | 0.04% | 0.04% |
 034020Doosan Enerbility Co Ltd | 0.28% | 0.04% | 0.04% |
 018260Samsung SDS Co Ltd | 0.04% | 0.05% | 0.04% |
 003490Korean Air Lines Co Ltd | 0.04% | 0.04% | 0.04% |
 015760Korea Electric Power Corp | 0.04% | 0.05% | 0.04% |
Frequently Asked Questions
How much do DFAE and FNDF overlap?
DFAE and FNDF overlap by 8.8% of portfolio weight. They share 54 holdings (DFAE holds 6342 positions and FNDF holds 888), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DFAE and FNDF?
The two portfolios are 8.8% 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 DFAE and FNDF?
The largest positions held by both funds are 005930, 000660, 005380, 009150 and PKN. Together the top 10 shared positions account for 82% of the total overlap.
What does DFAE own that FNDF doesn't?
6288 positions (87.7% of DFAE) are unique to DFAE, led by TSMWF, 700 and 9988. In the other direction, 834 positions (87.9% of FNDF) are unique to FNDF.