DFAX vs EFA: Holdings Overlap
DFAXDimensional World ex. U.S. Core Equity 2 ETF
Dimensional · 10527 holdings · $12.0B · as of 2026-04-30
iShares · 705 holdings · $79.3B · as of 2026-04-30
How similar are DFAX and EFA?
Dimensional World ex. U.S. Core Equity 2 ETF (DFAX, by Dimensional) holds 10527 positions; iShares MSCI EAFE ETF (EFA, by iShares) holds 705. They have 643 holdings in common, and by portfolio weight the two funds are 32.6% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 32.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 643DFAX holds 10527 · EFA holds 705
- Weight in Shared Holdings
- DFAX 34%·EFA 95%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
9884 of 10527 positions (65.2% of the fund) are not held by EFA. 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% |
| EFA | +4.2% | +14.8% | +25.0% | +17.9% | +9.6% | +9.7% | 3.10% |
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 EFA →
Shared Holdings(643)
The top 10 shared positions account for 10% of the overlap, led by TTE, 7203 and NESN.
 TTETotalEnergies SE EUR2.5 | 0.61% | 0.85% | 0.61% |
|---|---|---|---|
 7203Toyota Motor Corp. NPV | 0.40% | 0.84% | 0.40% |
 NESNNestle SA (Registered) | 0.36% | 1.20% | 0.36% |
 ROPRoche Holding AG | 0.30% | 1.32% | 0.30% |
 DTEDeutsche Telekom AG (Registered) | 0.28% | 0.55% | 0.28% |
 5803Fujikura Ltd. NPV | 0.56% | 0.27% | 0.27% |
 ENGIEngie SA | 0.26% | 0.28% | 0.26% |
 6857Advantest Corp. NPV | 0.24% | 0.66% | 0.24% |
 BHPBHP Group Ltd. | 0.24% | 0.93% | 0.24% |
 AZNAstraZeneca PLC ORD USD0.25 | 0.23% | 1.35% | 0.23% |
 BASBASF SE | 0.23% | 0.26% | 0.23% |
 IFXInfineon Technologies AG | 0.23% | 0.40% | 0.23% |
 RHMRheinmetall AG | 0.22% | 0.34% | 0.22% |
 8306Mitsubishi UFJ Financial Group Inc. NPV | 0.22% | 0.93% | 0.22% |
 6501Hitachi Ltd. NPV | 0.22% | 0.67% | 0.22% |
 ENRSiemens Energy AG | 0.22% | 0.76% | 0.22% |
 EOANE ON SE | 0.21% | 0.23% | 0.21% |
 UCGUniCredit SpA | 0.20% | 0.50% | 0.20% |
 ABBNABB Ltd. (Registered) | 0.20% | 0.73% | 0.20% |
 BAYNBayer AG (Registered) | 0.21% | 0.20% | 0.20% |
 ENIEni SpA | 0.20% | 0.27% | 0.20% |
 RR-Rolls-Royce Holdings PLC | 0.19% | 0.62% | 0.19% |
 MCLVMH Moet Hennessy Louis Vuitton SE | 0.19% | 0.61% | 0.19% |
 ORAOrange SA | 0.20% | 0.18% | 0.18% |
 SHELShell PLC | 0.18% | 1.19% | 0.18% |
Showing the top 250 of 643 shared holdings by overlap weight.
Frequently Asked Questions
How much do DFAX and EFA overlap?
DFAX and EFA overlap by 32.6% of portfolio weight. They share 643 holdings (DFAX holds 10527 positions and EFA holds 705), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DFAX and EFA?
The two portfolios are 32.6% 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 EFA?
The largest positions held by both funds are TTE, 7203, NESN, ROP and DTE. Together the top 10 shared positions account for 10% of the total overlap.
What does DFAX own that EFA doesn't?
9884 positions (65.2% of DFAX) are unique to DFAX, led by TSMWF, 005930 and TSM. In the other direction, 62 positions (4.7% of EFA) are unique to EFA.