DFAE vs MCHI: Holdings Overlap
DFAEDimensional Emerging Core Equity Market ETF
Dimensional · 6342 holdings · $9.5B · as of 2026-04-30
iShares · 580 holdings · $6.3B · as of 2026-05-31
Holdings snapshots are 31 days apart (DFAE: 2026-04-30, MCHI: 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 MCHI?
Dimensional Emerging Core Equity Market ETF (DFAE, by Dimensional) holds 6342 positions; iShares MSCI China ETF (MCHI, by iShares) holds 580. They have 443 holdings in common, and by portfolio weight the two funds are 17.7% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 17.7%Sum of the smaller weight of each shared holding
- Shared Holdings
- 443DFAE holds 6342 · MCHI holds 580
- Weight in Shared Holdings
- DFAE 18%·MCHI 88%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
5899 of 6342 positions (82.5% of the fund) are not held by MCHI. Showing the top 30 by weight.
Only in MCHI
137 of 580 positions (11.9% of the fund) are not held by DFAE. Showing the top 30 by weight.
Sector Breakdown
| Sector | DFAE | MCHI |
|---|---|---|
| Information Technology | 28.8% | 7.8% |
| Consumer Discretionary | 5.6% | 21.1% |
| Communication Services | 4.7% | 17.2% |
| Financials | 10.5% | 14.8% |
| Materials | 3.0% | 1.8% |
| Other Sectors | 8.6% | 8.3% |
| Unclassified | 39.1% | 28.5% |
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, 29% of MCHI).
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% |
| MCHI | +9.3% | -5.2% | -1.0% | +8.7% | -2.2% | +4.3% | 1.94% |
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 MCHI →
Shared Holdings(443)
The top 10 shared positions account for 43% of the overlap, led by 700, 9988 and C6T.
 700Tencent Holdings Ltd. | 2.65% | 13.21% | 2.65% |
|---|---|---|---|
 9988Alibaba Group Holding Ltd | 1.40% | 10.14% | 1.40% |
 C6TChina Construction Bank Corp | 0.78% | 3.97% | 0.78% |
 PDDPDD Holdings Inc. SPONSORED ADS | 0.52% | 2.28% | 0.52% |
 2318RUBPing An Insurance Group Co of China Ltd | 0.47% | 1.96% | 0.47% |
 ICKIndustrial & Commercial Bank of China Ltd | 0.44% | 2.10% | 0.44% |
 1810Xiaomi Corp | 0.40% | 2.35% | 0.40% |
 1211RUBBYD Co Ltd. 'H'CNY1 | 0.34% | 1.63% | 0.34% |
 W8VBank of China Ltd | 0.33% | 1.80% | 0.33% |
 PC6PetroChina Co Ltd | 0.32% | 1.12% | 0.32% |
 3690Meituan, B Shares | 0.32% | 1.84% | 0.32% |
 9999NetEase Inc | 0.28% | 1.63% | 0.28% |
 FJZZijin Mining Group Co Ltd | 0.24% | 0.97% | 0.24% |
 9961Trip.com Group Ltd | 0.23% | 1.11% | 0.23% |
 M4BChina Merchants Bank Co Ltd | 0.20% | 0.90% | 0.20% |
 175Geely Automobile Holdings Ltd | 0.17% | 0.60% | 0.17% |
 YUMCYum China Holdings Inc | 0.17% | 0.59% | 0.17% |
 300750Contemporary Amperex Technology Co Ltd | 0.17% | 0.64% | 0.17% |
 IKFChina Shenhua Energy Co Ltd | 0.16% | 0.74% | 0.16% |
 1024Kuaishou Technology | 0.14% | 0.57% | 0.14% |
 CHLChina Life Insurance Co Ltd | 0.14% | 1.05% | 0.14% |
 992Lenovo Group Ltd | 0.14% | 0.94% | 0.14% |
 EK7Agricultural Bank of China Ltd | 0.14% | 0.77% | 0.14% |
 1378China Hongqiao Group Ltd | 0.14% | 0.39% | 0.14% |
 1109China Resources Land Ltd | 0.14% | 0.55% | 0.14% |
Showing the top 250 of 443 shared holdings by overlap weight.
Frequently Asked Questions
How much do DFAE and MCHI overlap?
DFAE and MCHI overlap by 17.7% of portfolio weight. They share 443 holdings (DFAE holds 6342 positions and MCHI holds 580), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DFAE and MCHI?
The two portfolios are 17.7% 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 MCHI?
The largest positions held by both funds are 700, 9988, C6T, PDD and 2318RUB. Together the top 10 shared positions account for 43% of the total overlap.
What does DFAE own that MCHI doesn't?
5899 positions (82.5% of DFAE) are unique to DFAE, led by TSMWF, 005930 and 000660. In the other direction, 137 positions (11.9% of MCHI) are unique to MCHI.