DFAI vs VEA: Holdings Overlap
DFAIDimensional International Core Equity Market ETF
Dimensional · 3726 holdings · $17.5B · as of 2026-04-30
VEAVanguard Developed Markets Index Fund
Vanguard · 3886 holdings · $235.0B · as of 2026-03-31
Holdings snapshots are 30 days apart (DFAI: 2026-04-30, VEA: 2026-03-31). 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 VEA?
Dimensional International Core Equity Market ETF (DFAI, by Dimensional) holds 3726 positions; Vanguard Developed Markets Index Fund (VEA, by Vanguard) holds 3886. They have 2657 holdings in common, and by portfolio weight the two funds are 78.0% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 78.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 2657DFAI holds 3726 · VEA holds 3886
- Weight in Shared Holdings
- DFAI 95%·VEA 86%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
1069 of 3726 positions (4.8% of the fund) are not held by VEA. Showing the top 30 by weight.
Sector Breakdown
| Sector | DFAI | VEA |
|---|---|---|
| Financials | 20.2% | 20.4% |
| Industrials | 13.8% | 13.9% |
| Information Technology | 6.9% | 9.9% |
| Health Care | 7.2% | 7.3% |
| Materials | 7.1% | 6.2% |
| Other Sectors | 23.3% | 22.9% |
| Unclassified | 20.8% | 18.5% |
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 (21% of DFAI, 19% of VEA).
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% |
| VEA | +3.0% | +17.5% | +29.9% | +19.8% | +10.2% | +10.3% | 2.49% |
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 VEA →
Shared Holdings(2657)
The top 10 shared positions account for 10% of the overlap, led by HSBA, ROP and AZN.
 HSBAHSBC Holdings PLC | 1.04% | 0.97% | 0.97% |
|---|---|---|---|
 ROPRoche Holding AG | 0.97% | 0.96% | 0.96% |
 AZNAstraZeneca PLC ORD USD0.25 | 0.95% | 1.01% | 0.95% |
 SHELShell PLC | 1.04% | 0.90% | 0.90% |
 NESNNestle SA (Registered) | 0.90% | 0.87% | 0.87% |
 RYGovernment Long Bond 1.2x Strategy Fund | 0.91% | 0.78% | 0.78% |
 8306Mitsubishi UFJ Financial Group Inc. NPV | 0.66% | 0.64% | 0.64% |
 7203Toyota Motor Corp. NPV | 0.64% | 0.76% | 0.64% |
 TTETotalEnergies SE EUR2.5 | 0.65% | 0.57% | 0.57% |
 BHPBHP Group Ltd. | 0.56% | 0.61% | 0.56% |
 SIESiemens AG (Registered) | 0.55% | 0.61% | 0.55% |
 TDThe Toronto-Dominion Bank COM NEW | 0.60% | 0.54% | 0.54% |
 CBACommonwealth Bank of Australia | 0.54% | 0.67% | 0.54% |
 MCLVMH Moet Hennessy Louis Vuitton SE | 0.48% | 0.48% | 0.48% |
 RR-Rolls-Royce Holdings PLC | 0.46% | 0.44% | 0.44% |
 ENRSiemens Energy AG | 0.47% | 0.44% | 0.44% |
 DTEDeutsche Telekom AG (Registered) | 0.49% | 0.44% | 0.44% |
 6501Hitachi Ltd. NPV | 0.43% | 0.44% | 0.43% |
 6758Sony Group Corp. NPV | 0.48% | 0.43% | 0.43% |
 ALVAllianz SE (Registered) | 0.43% | 0.55% | 0.43% |
 SAPSAP SE | 0.42% | 0.60% | 0.42% |
 BP-BP plc | 0.56% | 0.42% | 0.42% |
 UBSGUBS Group AG (Registered) | 0.42% | 0.42% | 0.42% |
 SUSchneider Electric SE EUR4.00 | 0.41% | 0.51% | 0.41% |
 NOVOBNovo Nordisk A/S, Class B | 0.44% | 0.40% | 0.40% |
Showing the top 250 of 2657 shared holdings by overlap weight.
Frequently Asked Questions
How much do DFAI and VEA overlap?
DFAI and VEA overlap by 78.0% of portfolio weight. They share 2657 holdings (DFAI holds 3726 positions and VEA holds 3886), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DFAI and VEA?
The two portfolios are 78.0% 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 VEA?
The largest positions held by both funds are HSBA, ROP, AZN, SHEL and NESN. Together the top 10 shared positions account for 10% of the total overlap.
What does DFAI own that VEA doesn't?
1069 positions (4.8% of DFAI) are unique to DFAI, led by ASML, NVS and BBVA. In the other direction, 1229 positions (12.9% of VEA) are unique to VEA.