DFAI vs IEFA: Holdings Overlap
DFAIDimensional International Core Equity Market ETF
Dimensional · 3726 holdings · $17.5B · as of 2026-04-30
IEFAiShares Core MSCI EAFE ETF
iShares · 2632 holdings · $193.5B · as of 2026-04-30
How similar are DFAI and IEFA?
Dimensional International Core Equity Market ETF (DFAI, by Dimensional) holds 3726 positions; iShares Core MSCI EAFE ETF (IEFA, by iShares) holds 2632. They have 2094 holdings in common, and by portfolio weight the two funds are 76.0% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 76.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 2094DFAI holds 3726 · IEFA holds 2632
- Weight in Shared Holdings
- DFAI 82%·IEFA 93%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
1632 of 3726 positions (17.6% of the fund) are not held by IEFA. Showing the top 30 by weight.
Sector Breakdown
| Sector | DFAI | IEFA |
|---|---|---|
| Financials | 20.2% | 20.5% |
| Industrials | 13.8% | 16.0% |
| Health Care | 7.2% | 8.3% |
| Information Technology | 6.9% | 7.9% |
| Materials | 7.1% | 5.4% |
| Other Sectors | 23.3% | 24.3% |
| Unclassified | 20.8% | 17.0% |
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 (21% of DFAI, 17% of IEFA).
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% |
| IEFA | +4.2% | +14.8% | +24.5% | +17.9% | +9.3% | +9.8% | 3.25% |
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 IEFA →
Shared Holdings(2094)
The top 10 shared positions account for 10% of the overlap, led by HSBA, SHEL and ROP.
 HSBAHSBC Holdings PLC | 1.04% | 1.24% | 1.04% |
|---|---|---|---|
 SHELShell PLC | 1.04% | 1.02% | 1.02% |
 ROPRoche Holding AG | 0.97% | 1.13% | 0.97% |
 AZNAstraZeneca PLC ORD USD0.25 | 0.95% | 1.16% | 0.95% |
 NESNNestle SA (Registered) | 0.90% | 1.03% | 0.90% |
 8306Mitsubishi UFJ Financial Group Inc. NPV | 0.66% | 0.80% | 0.66% |
 TTETotalEnergies SE EUR2.5 | 0.65% | 0.73% | 0.65% |
 7203Toyota Motor Corp. NPV | 0.64% | 0.71% | 0.64% |
 BHPBHP Group Ltd. | 0.56% | 0.79% | 0.56% |
 SIESiemens AG (Registered) | 0.55% | 0.89% | 0.55% |
 CBACommonwealth Bank of Australia | 0.54% | 0.83% | 0.54% |
 6857Advantest Corp. NPV | 0.49% | 0.56% | 0.49% |
 BP-BP plc | 0.56% | 0.49% | 0.49% |
 MCLVMH Moet Hennessy Louis Vuitton SE | 0.48% | 0.52% | 0.48% |
 8035Tokyo Electron Ltd. NPV | 0.48% | 0.52% | 0.48% |
 6758Sony Group Corp. NPV | 0.48% | 0.49% | 0.48% |
 ENRSiemens Energy AG | 0.47% | 0.65% | 0.47% |
 DTEDeutsche Telekom AG (Registered) | 0.49% | 0.47% | 0.47% |
 RR-Rolls-Royce Holdings PLC | 0.46% | 0.53% | 0.46% |
 NOVOBNovo Nordisk A/S, Class B | 0.44% | 0.54% | 0.44% |
 6501Hitachi Ltd. NPV | 0.43% | 0.57% | 0.43% |
 ALVAllianz SE (Registered) | 0.43% | 0.68% | 0.43% |
 SAPSAP SE | 0.42% | 0.69% | 0.42% |
 UBSGUBS Group AG (Registered) | 0.42% | 0.55% | 0.42% |
 SUSchneider Electric SE EUR4.00 | 0.41% | 0.69% | 0.41% |
Showing the top 250 of 2094 shared holdings by overlap weight.
Frequently Asked Questions
How much do DFAI and IEFA overlap?
DFAI and IEFA overlap by 76.0% of portfolio weight. They share 2094 holdings (DFAI holds 3726 positions and IEFA holds 2632), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DFAI and IEFA?
The two portfolios are 76.0% identical by weight. Owning both mostly doubles down on the shared core rather than diversifying: the same large positions drive both funds.
What are the biggest shared holdings of DFAI and IEFA?
The largest positions held by both funds are HSBA, SHEL, ROP, AZN and NESN. Together the top 10 shared positions account for 10% of the total overlap.
What does DFAI own that IEFA doesn't?
1632 positions (17.6% of DFAI) are unique to DFAI, led by ASML, RY and NVS. In the other direction, 538 positions (6.3% of IEFA) are unique to IEFA.