DFAE vs SHLD: Holdings Overlap
DFAEDimensional Emerging Core Equity Market ETF
Dimensional · 6342 holdings · $9.5B · as of 2026-04-30
Global X · 48 holdings · $7.6B · as of 2026-05-31
Holdings snapshots are 31 days apart (DFAE: 2026-04-30, SHLD: 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 SHLD?
Dimensional Emerging Core Equity Market ETF (DFAE, by Dimensional) holds 6342 positions; Global X Defense Tech ETF (SHLD, by Global X) holds 48. They have 5 holdings in common, and by portfolio weight the two funds are 0.7% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.7%Sum of the smaller weight of each shared holding
- Shared Holdings
- 5DFAE holds 6342 · SHLD holds 48
- Weight in Shared Holdings
- DFAE 1%·SHLD 8%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
6337 of 6342 positions (99.6% of the fund) are not held by SHLD. Showing the top 30 by weight.
Sector Breakdown
| Sector | DFAE | SHLD |
|---|---|---|
| Industrials | 2.4% | 82.5% |
| Information Technology | 28.8% | 8.0% |
| Financials | 10.5% | 0.0% |
| Consumer Discretionary | 5.6% | 0.0% |
| Communication Services | 4.7% | 0.0% |
| Other Sectors | 9.2% | 0.0% |
| Unclassified | 39.1% | 9.1% |
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, 9% of SHLD).
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% |
| SHLD | +8.2% | +6.9% | +11.2% | — | — | — | 0.61% |
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 SHLD →
Shared Holdings(5)
The top 5 shared positions account for 100% of the overlap, led by 079550, 012450 and 047810.
 079550LIG Defense&Aerospace Co Ltd | 0.28% | 1.11% | 0.28% |
|---|---|---|---|
 012450Hanwha Aerospace Co Ltd | 0.20% | 4.40% | 0.20% |
 047810Korea Aerospace Industries Ltd | 0.06% | 1.34% | 0.06% |
 ASELSAselsan Elektronik Sanayi Ve Ticaret AS | 0.06% | 0.62% | 0.06% |
 272210Hanwha Systems Co Ltd | 0.04% | 0.88% | 0.04% |
Frequently Asked Questions
How much do DFAE and SHLD overlap?
DFAE and SHLD overlap by 0.7% of portfolio weight. They share 5 holdings (DFAE holds 6342 positions and SHLD holds 48), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DFAE and SHLD?
The two portfolios are 0.7% 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 SHLD?
The largest positions held by both funds are 079550, 012450, 047810, ASELS and 272210. Together the top 5 shared positions account for 100% of the total overlap.
What does DFAE own that SHLD doesn't?
6337 positions (99.6% of DFAE) are unique to DFAE, led by TSMWF, 005930 and 000660. In the other direction, 43 positions (91.3% of SHLD) are unique to SHLD.