DFAX vs DFAI: Holdings Overlap
DFAXDimensional World ex. U.S. Core Equity 2 ETF
Dimensional · 10527 holdings · $12.0B · as of 2026-04-30
DFAIDimensional International Core Equity Market ETF
Dimensional · 3726 holdings · $17.5B · as of 2026-04-30
How similar are DFAX and DFAI?
Dimensional World ex. U.S. Core Equity 2 ETF (DFAX, by Dimensional) holds 10527 positions; Dimensional International Core Equity Market ETF (DFAI, by Dimensional) holds 3726. They have 3585 holdings in common, and by portfolio weight the two funds are 55.6% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 55.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 3585DFAX holds 10527 · DFAI holds 3726
- Weight in Shared Holdings
- DFAX 63%·DFAI 99%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 DFAX
6942 of 10527 positions (36.2% 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 |
|---|---|---|---|---|---|---|---|
| DFAX | +3.5% | +17.0% | +29.0% | +20.1% | — | — | 2.27% |
| DFAI | +4.2% | +15.2% | +26.8% | +19.3% | +10.7% | — | 2.24% |
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 DFAX vs DFAI →
Shared Holdings(3585)
The top 10 shared positions account for 8% of the overlap, led by NVS, TTE and ASML.
 NVSNovartis AG SPONSORED ADR | 0.66% | 0.64% | 0.64% |
|---|---|---|---|
 TTETotalEnergies SE EUR2.5 | 0.61% | 0.65% | 0.61% |
 ASMLASML Holding N.V., New York Shares | 0.56% | 1.42% | 0.56% |
 RYGovernment Long Bond 1.2x Strategy Fund | 0.55% | 0.91% | 0.55% |
 5803Fujikura Ltd. NPV | 0.56% | 0.51% | 0.51% |
 7203Toyota Motor Corp. NPV | 0.40% | 0.64% | 0.40% |
 NESNNestle SA (Registered) | 0.36% | 0.90% | 0.36% |
 ROPRoche Holding AG | 0.30% | 0.97% | 0.30% |
 DTEDeutsche Telekom AG (Registered) | 0.28% | 0.49% | 0.28% |
 ENGIEngie SA EUR1 | 0.26% | 0.29% | 0.26% |
 SUSuncor Energy, Inc. | 0.26% | 0.39% | 0.26% |
 6857Advantest Corp. NPV | 0.24% | 0.49% | 0.24% |
 BHPBHP Group Ltd. | 0.24% | 0.56% | 0.24% |
 AZNAstraZeneca PLC ORD USD0.25 | 0.23% | 0.95% | 0.23% |
 BASBASF SE | 0.23% | 0.27% | 0.23% |
 IFXInfineon Technologies AG ORD NPV (REGD) | 0.23% | 0.33% | 0.23% |
 RHMRheinmetall AG | 0.22% | 0.24% | 0.22% |
 8306Mitsubishi UFJ Financial Group Inc. NPV | 0.22% | 0.66% | 0.22% |
 6501Hitachi Ltd. NPV | 0.22% | 0.43% | 0.22% |
 ENRSiemens Energy AG | 0.22% | 0.47% | 0.22% |
 BAYNBayer AG (Registered) | 0.21% | 0.24% | 0.21% |
 AEMAgnico Eagle Mines Ltd. | 0.21% | 0.31% | 0.21% |
 CNQCanadian Natural Resources Ltd. | 0.21% | 0.40% | 0.21% |
 TDThe Toronto-Dominion Bank COM NEW | 0.21% | 0.60% | 0.21% |
 EOANE ON SE | 0.21% | 0.24% | 0.21% |
Showing the top 250 of 3585 shared holdings by overlap weight.
Frequently Asked Questions
How much do DFAX and DFAI overlap?
DFAX and DFAI overlap by 55.6% of portfolio weight. They share 3585 holdings (DFAX holds 10527 positions and DFAI holds 3726), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DFAX and DFAI?
The two portfolios are 55.6% identical by weight. Owning both is defensible: they share a meaningful core, but each fund adds exposure the other lacks.
What are the biggest shared holdings of DFAX and DFAI?
The largest positions held by both funds are NVS, TTE, ASML, RY and 5803. Together the top 10 shared positions account for 8% of the total overlap.
What does DFAX own that DFAI doesn't?
6942 positions (36.2% of DFAX) are unique to DFAX, led by TSMWF, 005930 and TSM. In the other direction, 141 positions (0.1% of DFAI) are unique to DFAI.