DFAE vs GRID: Holdings Overlap
DFAEDimensional Emerging Core Equity Market ETF
Dimensional · 6342 holdings · $9.5B · as of 2026-04-30
GRIDFirst Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund
First Trust · 120 holdings · $12.2B · as of 2026-03-31
Holdings snapshots are 30 days apart (DFAE: 2026-04-30, GRID: 2026-03-31). 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 GRID?
Dimensional Emerging Core Equity Market ETF (DFAE, by Dimensional) holds 6342 positions; First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID, by First Trust) holds 120. They have 28 holdings in common, and by portfolio weight the two funds are 1.3% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 1.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 28DFAE holds 6342 · GRID holds 120
- Weight in Shared Holdings
- DFAE 2%·GRID 9%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
6314 of 6342 positions (98.6% of the fund) are not held by GRID. Showing the top 30 by weight.
Only in GRID
92 of 120 positions (91.2% of the fund) are not held by DFAE. Showing the top 30 by weight.
Sector Breakdown
| Sector | DFAE | GRID |
|---|---|---|
| Industrials | 2.4% | 53.2% |
| Information Technology | 28.8% | 10.7% |
| Utilities | 0.8% | 20.3% |
| Financials | 10.5% | 0.0% |
| Consumer Discretionary | 5.6% | 4.3% |
| Other Sectors | 13.1% | 0.0% |
| Unclassified | 39.1% | 11.2% |
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, 11% of GRID).
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% |
| GRID | +2.2% | +22.4% | +31.6% | +23.6% | +15.0% | +18.9% | 0.77% |
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 GRID →
Shared Holdings(28)
The top 10 shared positions account for 83% of the overlap, led by 1211RUB, 010120 and 267260.
 1211RUBBYD Co Ltd. 'H'CNY1 | 0.34% | 0.26% | 0.26% |
|---|---|---|---|
 010120LS Electric Co. Ltd KRW5000 | 0.24% | 0.86% | 0.24% |
 267260HD Hyundai Electric Co Ltd. KRW5000 | 0.16% | 1.56% | 0.16% |
 WEGE3Weg SA COM NPV | 0.09% | 0.11% | 0.09% |
 006400Samsung SDI Co Ltd. KRW5000 | 0.24% | 0.09% | 0.09% |
 EQTL3Equatorial SA COM NPV | 0.08% | 1.32% | 0.08% |
 1519Fortune Electric C TWD10 | 0.04% | 0.82% | 0.04% |
 298040Hyosung Heavy Industries Corporation KRW5000 | 0.11% | 0.04% | 0.04% |
 CPLE3Companhia Paranaense de Energia - COPEL COM NPV | 0.03% | 0.27% | 0.03% |
 ENGI11Energisa S.A. UNITS (1 COM & 4 PRF) | 0.03% | 0.52% | 0.03% |
 2395Advantech Co Ltd. TWD10 | 0.04% | 0.03% | 0.03% |
 1609Ta Ya Electric Wire & Cable Co., Ltd. TWD10 | 0.03% | 0.11% | 0.03% |
| Wasion Holdings Ltd HKD0.01 | 0.02% | 0.22% | 0.02% |
 ASTORAstor Transformator Enerji Turizm Insaat Ve Petrol Sanayi Ticaret AS | 0.02% | 0.22% | 0.02% |
 001440Taihan Cable & Solution Co Ltd. KRW1000 | 0.02% | 0.24% | 0.02% |
 103590Iljin Electric Co Ltd KRW1000 (NEW) | 0.02% | 0.14% | 0.02% |
| Transmissora Alianca de Energia Eletrica SA UNITS(1 COM NPV & 2 PRF NPV) | 0.01% | 0.38% | 0.01% |
 1503Shihlin Electric & Engineering Corp | 0.01% | 0.25% | 0.01% |
| Isa Energia Brasil PREF NPV | 0.01% | 0.22% | 0.01% |
 2371Tatung Co. Ltd. TWD10 | 0.01% | 0.01% | 0.01% |
 1513Chung-Hsin Electric & Machinery Manufacturing Corp | 0.02% | 0.01% | 0.01% |
 062040Sanil Electric Co Ltd. KRW500 | 0.01% | 0.14% | 0.01% |
 6409Voltronic Power Technology Corp. TWD10 | 0.01% | 0.25% | 0.01% |
| Allis Electric Co Ltd. ORD TWD10 | 0.01% | 0.12% | 0.01% |
| LS Eco Energy Ltd. KRW500 | 0.00% | 0.03% | 0.00% |
Frequently Asked Questions
How much do DFAE and GRID overlap?
DFAE and GRID overlap by 1.3% of portfolio weight. They share 28 holdings (DFAE holds 6342 positions and GRID holds 120), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DFAE and GRID?
The two portfolios are 1.3% 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 GRID?
The largest positions held by both funds are 1211RUB, 010120, 267260, WEGE3 and 006400. Together the top 10 shared positions account for 83% of the total overlap.
What does DFAE own that GRID doesn't?
6314 positions (98.6% of DFAE) are unique to DFAE, led by TSMWF, 005930 and 000660. In the other direction, 92 positions (91.2% of GRID) are unique to GRID.