DFAX vs DFIV: Holdings Overlap
DFAXDimensional World ex. U.S. Core Equity 2 ETF
Dimensional · 10527 holdings · $12.0B · as of 2026-04-30
DFIVDimensional International Value ETF
Dimensional · 572 holdings · $21.4B · as of 2026-04-30
How similar are DFAX and DFIV?
Dimensional World ex. U.S. Core Equity 2 ETF (DFAX, by Dimensional) holds 10527 positions; Dimensional International Value ETF (DFIV, by Dimensional) holds 572. They have 568 holdings in common, and by portfolio weight the two funds are 25.4% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 25.4%Sum of the smaller weight of each shared holding
- Shared Holdings
- 568DFAX holds 10527 · DFIV holds 572
- Weight in Shared Holdings
- DFAX 29%·DFIV 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
9959 of 10527 positions (70.9% of the fund) are not held by DFIV. 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% |
| DFIV | +4.9% | +18.1% | +34.9% | +24.0% | — | — | 2.55% |
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 DFIV →
Shared Holdings(568)
The top 10 shared positions account for 15% of the overlap, led by NVS, TTE and SHEL.
 NVSNovartis AG SPONSORED ADR | 0.66% | 0.68% | 0.66% |
|---|---|---|---|
 TTETotalEnergies SE EUR2.5 | 0.61% | 2.23% | 0.61% |
 SHELShell PLC SPON ADS | 0.49% | 3.29% | 0.49% |
 7203Toyota Motor Corp. NPV | 0.40% | 1.86% | 0.40% |
 DTEDeutsche Telekom AG (Registered) | 0.28% | 0.53% | 0.28% |
 ENGIEngie SA | 0.26% | 0.98% | 0.26% |
 SUSuncor Energy Inc | 0.26% | 1.17% | 0.26% |
 BPBP PLC | 0.25% | 1.19% | 0.25% |
 HSBCHSBC Holdings PLC SPON ADR NEW | 0.25% | 1.21% | 0.25% |
 BASBASF SE | 0.23% | 1.39% | 0.23% |
 8306Mitsubishi UFJ Financial Group Inc. NPV | 0.22% | 0.47% | 0.22% |
 BAYNBayer AG (Registered) | 0.21% | 0.81% | 0.21% |
 TDThe Toronto-Dominion Bank COM NEW | 0.21% | 1.32% | 0.21% |
 EOANE ON SE | 0.21% | 0.62% | 0.21% |
 UCGUniCredit SpA | 0.20% | 0.54% | 0.20% |
 ORAOrange SA | 0.20% | 0.89% | 0.20% |
 ENIEni SpA | 0.20% | 0.94% | 0.20% |
 IFXInfineon Technologies AG | 0.23% | 0.20% | 0.20% |
 CVECenovus Energy Inc | 0.18% | 0.65% | 0.18% |
| SHELShell PLC | 0.18% | 0.82% | 0.18% |
 CBKCommerzbank AG | 0.17% | 0.33% | 0.17% |
 SANBanco Santander SA | 0.17% | 1.83% | 0.17% |
 CMCanadian Imperial Bank of Commerce COM | 0.17% | 0.71% | 0.17% |
 DHLDeutsche Post AG | 0.16% | 0.55% | 0.16% |
 SGOCie de Saint-Gobain SA | 0.16% | 0.81% | 0.16% |
Showing the top 250 of 568 shared holdings by overlap weight.
Frequently Asked Questions
How much do DFAX and DFIV overlap?
DFAX and DFIV overlap by 25.4% of portfolio weight. They share 568 holdings (DFAX holds 10527 positions and DFIV holds 572), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DFAX and DFIV?
The two portfolios are 25.4% 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 DFAX and DFIV?
The largest positions held by both funds are NVS, TTE, SHEL, 7203 and DTE. Together the top 10 shared positions account for 15% of the total overlap.
What does DFAX own that DFIV doesn't?
9959 positions (70.9% of DFAX) are unique to DFAX, led by TSMWF, 005930 and TSM. In the other direction, 4 positions (0.1% of DFIV) are unique to DFIV.