DFAI vs FNDC: Holdings Overlap
DFAIDimensional International Core Equity Market ETF
Dimensional · 3726 holdings · $17.5B · as of 2026-04-30
FNDCSchwab Fundamental International Small Equity ETF
Schwab · 1580 holdings · $3.1B · as of 2026-05-31
Holdings snapshots are 31 days apart (DFAI: 2026-04-30, FNDC: 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 DFAI and FNDC?
Dimensional International Core Equity Market ETF (DFAI, by Dimensional) holds 3726 positions; Schwab Fundamental International Small Equity ETF (FNDC, by Schwab) holds 1580. They have 1124 holdings in common, and by portfolio weight the two funds are 14.6% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 14.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 1124DFAI holds 3726 · FNDC holds 1580
- Weight in Shared Holdings
- DFAI 15%·FNDC 74%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 DFAI
2602 of 3726 positions (84.3% of the fund) are not held by FNDC. Showing the top 30 by weight.
Only in FNDC
456 of 1580 positions (25.3% of the fund) are not held by DFAI. Showing the top 30 by weight.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| DFAI | +4.2% | +15.2% | +26.8% | +19.3% | +10.7% | — | 2.24% |
| FNDC | +4.3% | +15.1% | +22.5% | +18.2% | +8.5% | +9.0% | 3.53% |
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 DFAI vs FNDC →
Shared Holdings(1124)
The top 10 shared positions account for 7% of the overlap, led by CLS, FER and PAAS.
 CLSCelestica, Inc. | 0.18% | 0.28% | 0.18% |
|---|---|---|---|
 FERFerrovial N.V. | 0.14% | 0.12% | 0.12% |
 PAASPan American Silver Corp. | 0.11% | 0.19% | 0.11% |
 ADYENAdyen NV | 0.10% | 0.11% | 0.10% |
 CCJCameco Corp. | 0.10% | 0.11% | 0.10% |
 7936Asics Corp NPV | 0.09% | 0.14% | 0.09% |
 AGIAlamos Gold Inc | 0.09% | 0.10% | 0.09% |
 4062Ibiden Co Ltd. NPV | 0.09% | 0.69% | 0.09% |
 HBANHelvetia Baloise Holding AG | 0.09% | 0.22% | 0.09% |
 6920Lasertec Corp. NPV | 0.10% | 0.08% | 0.08% |
 IHGInterContinental Hotels Group PLC | 0.08% | 0.14% | 0.08% |
 BMPSBanca Monte dei Paschi di Siena SpA | 0.09% | 0.08% | 0.08% |
 RBARB Global Inc COM | 0.08% | 0.13% | 0.08% |
 BBD-BBombardier, Inc., Class B | 0.08% | 0.16% | 0.08% |
 GALDGalderma Group AG | 0.14% | 0.07% | 0.07% |
 VACNVAT Group AG | 0.07% | 0.14% | 0.07% |
 BESIBE Semiconductor Industries NV | 0.07% | 0.16% | 0.07% |
 TSEMIL-STower Semiconductor Ltd | 0.07% | 0.44% | 0.07% |
 EVNEvolution Mining Ltd | 0.07% | 0.15% | 0.07% |
 HLMAHalma PLC | 0.07% | 0.19% | 0.07% |
 SGXSingapore Exchange Ltd | 0.06% | 0.14% | 0.06% |
 SPSNSwiss Prime Site AG | 0.06% | 0.11% | 0.06% |
 FBKFinecoBank Banca Fineco SpA | 0.06% | 0.12% | 0.06% |
 PHOE1ILSPhoenix Financial Ltd | 0.06% | 0.15% | 0.06% |
 STESingapore Technologies Engineering Ltd | 0.06% | 0.13% | 0.06% |
Showing the top 250 of 1124 shared holdings by overlap weight.
Frequently Asked Questions
How much do DFAI and FNDC overlap?
DFAI and FNDC overlap by 14.6% of portfolio weight. They share 1124 holdings (DFAI holds 3726 positions and FNDC holds 1580), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DFAI and FNDC?
The two portfolios are 14.6% 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 DFAI and FNDC?
The largest positions held by both funds are CLS, FER, PAAS, ADYEN and CCJ. Together the top 10 shared positions account for 7% of the total overlap.
What does DFAI own that FNDC doesn't?
2602 positions (84.3% of DFAI) are unique to DFAI, led by ASML, SHEL and HSBA. In the other direction, 456 positions (25.3% of FNDC) are unique to FNDC.