DFAE vs VNQI: Holdings Overlap
DFAEDimensional Emerging Core Equity Market ETF
Dimensional · 6342 holdings · $9.5B · as of 2026-04-30
VNQIVanguard Global Ex-u.s. Real Estate Index Fund
Vanguard · 710 holdings · $3.6B · as of 2026-04-30
How similar are DFAE and VNQI?
Dimensional Emerging Core Equity Market ETF (DFAE, by Dimensional) holds 6342 positions; Vanguard Global Ex-u.s. Real Estate Index Fund (VNQI, by Vanguard) holds 710. They have 183 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
- 183DFAE holds 6342 · VNQI holds 710
- Weight in Shared Holdings
- DFAE 1%·VNQI 15%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
6159 of 6342 positions (98.9% of the fund) are not held by VNQI. Showing the top 30 by weight.
Sector Breakdown
| Sector | DFAE | VNQI |
|---|---|---|
| Real Estate | 0.6% | 64.7% |
| Information Technology | 28.8% | 0.0% |
| Financials | 10.5% | 0.0% |
| Consumer Discretionary | 5.6% | 0.0% |
| Communication Services | 4.7% | 0.0% |
| Other Sectors | 11.0% | 0.0% |
| Unclassified | 39.1% | 34.3% |
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, 35% of VNQI).
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% |
| VNQI | +1.6% | +0.8% | +3.4% | +8.5% | -0.7% | +2.2% | 4.66% |
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 VNQI →
Shared Holdings(183)
The top 10 shared positions account for 51% of the overlap, led by EMAARAED, 1109 and 688.
 EMAARAEDEmaar Properties PJSC | 0.20% | 1.81% | 0.20% |
|---|---|---|---|
 1109China Resources Land Ltd | 0.14% | 1.09% | 0.14% |
 688China Overseas Land & Investment Ltd | 0.06% | 0.58% | 0.06% |
 ALDARAEDAldar Properties PJSC | 0.05% | 0.72% | 0.05% |
 NRPNEPI Rockcastle NV | 0.05% | 0.48% | 0.05% |
 1209China Resources Mixc Lifestyle Services Ltd | 0.04% | 0.32% | 0.04% |
 EMAA1AEDEmaar Development PJSC | 0.04% | 0.30% | 0.04% |
 VESTFCorp Inmobiliaria Vesta SAB de CV | 0.03% | 0.28% | 0.03% |
 DLFUDLF Ltd | 0.03% | 0.36% | 0.03% |
 ALARKSARDar Al Arkan Real Estate Development Co | 0.02% | 0.23% | 0.02% |
 PHNXPhoenix Mills Ltd/The | 0.02% | 0.32% | 0.02% |
 GPLGodrej Properties Ltd | 0.02% | 0.26% | 0.02% |
 ALOS3Allos SA | 0.02% | 0.08% | 0.02% |
 PEPLPrestige Estates Projects Ltd | 0.02% | 0.23% | 0.02% |
 MALLPLAZPlaza SA | 0.02% | 0.35% | 0.02% |
 LODHALodha Developers Ltd | 0.02% | 0.27% | 0.02% |
 MABANKWDMabanee Co KPSC | 0.02% | 0.20% | 0.02% |
 OBEROberoi Realty Ltd | 0.02% | 0.19% | 0.02% |
 960Longfor Group Holdings Ltd | 0.02% | 0.18% | 0.02% |
 3900Greentown China Holdings Ltd | 0.01% | 0.11% | 0.01% |
 1908C&D International Investment Group Ltd | 0.01% | 0.11% | 0.01% |
 2542Highwealth Construction Corp | 0.01% | 0.20% | 0.01% |
 PARAUCOParque Arauco SA | 0.01% | 0.27% | 0.01% |
 SMPHPHPSM Prime Holdings Inc | 0.01% | 0.31% | 0.01% |
 817China Jinmao Holdings Group Ltd | 0.01% | 0.10% | 0.01% |
Frequently Asked Questions
How much do DFAE and VNQI overlap?
DFAE and VNQI overlap by 1.3% of portfolio weight. They share 183 holdings (DFAE holds 6342 positions and VNQI holds 710), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DFAE and VNQI?
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 VNQI?
The largest positions held by both funds are EMAARAED, 1109, 688, ALDARAED and NRP. Together the top 10 shared positions account for 51% of the total overlap.
What does DFAE own that VNQI doesn't?
6159 positions (98.9% of DFAE) are unique to DFAE, led by TSMWF, 005930 and 000660. In the other direction, 527 positions (84.5% of VNQI) are unique to VNQI.