DFAX vs DFIC: Holdings Overlap
DFAXDimensional World ex. U.S. Core Equity 2 ETF
Dimensional · 10527 holdings · $12.0B · as of 2026-04-30
DFICDimensional International Core Equity 2 ETF
Dimensional · 4018 holdings · $14.8B · as of 2026-04-30
How similar are DFAX and DFIC?
Dimensional World ex. U.S. Core Equity 2 ETF (DFAX, by Dimensional) holds 10527 positions; Dimensional International Core Equity 2 ETF (DFIC, by Dimensional) holds 4018. They have 3867 holdings in common, and by portfolio weight the two funds are 62.8% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 62.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 3867DFAX holds 10527 · DFIC holds 4018
- Weight in Shared Holdings
- DFAX 65%·DFIC 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
6660 of 10527 positions (34.9% of the fund) are not held by DFIC. 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% |
| DFIC | +4.5% | +15.5% | +27.1% | +20.0% | — | — | 2.30% |
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 DFIC →
Shared Holdings(3867)
The top 10 shared positions account for 7% of the overlap, led by NVS, TTE and ASML.
 NVSNovartis AG SPONSORED ADR | 0.66% | 0.78% | 0.66% |
|---|---|---|---|
 TTETotalEnergies SE EUR2.5 | 0.61% | 0.82% | 0.61% |
 ASMLASML Holding N.V., New York Shares | 0.56% | 0.94% | 0.56% |
 RYGovernment Long Bond 1.2x Strategy Fund | 0.55% | 0.80% | 0.55% |
 SHELShell PLC SPON ADS | 0.49% | 0.89% | 0.49% |
 7203Toyota Motor Corp. NPV | 0.40% | 0.56% | 0.40% |
 NESNNestle SA (Registered) | 0.36% | 0.63% | 0.36% |
 ROPRoche Holding AG | 0.30% | 0.51% | 0.30% |
 DTEDeutsche Telekom AG (Registered) | 0.28% | 0.45% | 0.28% |
 ENGIEngie SA | 0.26% | 0.40% | 0.26% |
 KUSDKinross Gold Corp | 0.26% | 0.27% | 0.26% |
 SUSuncor Energy Inc | 0.26% | 0.38% | 0.26% |
 BPBP PLC | 0.25% | 0.38% | 0.25% |
 HSBCHSBC Holdings PLC SPON ADR NEW | 0.25% | 0.46% | 0.25% |
 6857Advantest Corp. NPV | 0.24% | 0.25% | 0.24% |
 BHPBHP Group Ltd. | 0.24% | 0.42% | 0.24% |
 AZNAstraZeneca PLC ORD USD0.25 | 0.23% | 0.46% | 0.23% |
 BASBASF SE | 0.23% | 0.40% | 0.23% |
 5803Fujikura Ltd. NPV | 0.56% | 0.23% | 0.23% |
 IFXInfineon Technologies AG | 0.23% | 0.38% | 0.23% |
 RHMRheinmetall AG | 0.22% | 0.26% | 0.22% |
 8306Mitsubishi UFJ Financial Group Inc. NPV | 0.22% | 0.31% | 0.22% |
 6501Hitachi Ltd. NPV | 0.22% | 0.31% | 0.22% |
 ENRSiemens Energy AG | 0.22% | 0.37% | 0.22% |
 BAYNBayer AG (Registered) | 0.21% | 0.34% | 0.21% |
Showing the top 250 of 3867 shared holdings by overlap weight.
Frequently Asked Questions
How much do DFAX and DFIC overlap?
DFAX and DFIC overlap by 62.8% of portfolio weight. They share 3867 holdings (DFAX holds 10527 positions and DFIC holds 4018), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DFAX and DFIC?
The two portfolios are 62.8% 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 DFAX and DFIC?
The largest positions held by both funds are NVS, TTE, ASML, RY and SHEL. Together the top 10 shared positions account for 7% of the total overlap.
What does DFAX own that DFIC doesn't?
6660 positions (34.9% of DFAX) are unique to DFAX, led by TSMWF, 005930 and TSM. In the other direction, 151 positions (0.1% of DFIC) are unique to DFIC.