DFAX vs EPI: Holdings Overlap
DFAXDimensional World ex. U.S. Core Equity 2 ETF
Dimensional · 10527 holdings · $12.0B · as of 2026-04-30
EPIWisdomTree India Earnings Fund
WisdomTree · 568 holdings · $2.0B · as of 2026-03-31
Holdings snapshots are 30 days apart (DFAX: 2026-04-30, EPI: 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 DFAX and EPI?
Dimensional World ex. U.S. Core Equity 2 ETF (DFAX, by Dimensional) holds 10527 positions; WisdomTree India Earnings Fund (EPI, by WisdomTree) holds 568. They have 496 holdings in common, and by portfolio weight the two funds are 3.6% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 3.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 496DFAX holds 10527 · EPI holds 568
- Weight in Shared Holdings
- DFAX 4%·EPI 100%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
10031 of 10527 positions (96.0% of the fund) are not held by EPI. Showing the top 30 by weight.
Only in EPI
72 of 568 positions (2.1% of the fund) are not held by DFAX. 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% |
| EPI | +2.5% | -5.6% | -2.0% | +6.8% | +6.0% | +8.7% | — |
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 EPI →
Shared Holdings(496)
The top 10 shared positions account for 20% of the overlap, led by BHE, MM and RELIANCE.
 BHEBharat Electronics Ltd. INR1 | 0.11% | 0.80% | 0.11% |
|---|---|---|---|
 MMMahindra & Mahindra Ltd. INR5 | 0.10% | 1.58% | 0.10% |
 RELIANCEReliance Industries Ltd. INR10(100%DEMAT) | 0.09% | 7.52% | 0.09% |
 TATATata Steel Ltd. INR1.00(POST SUBDIVISION) | 0.09% | 1.73% | 0.09% |
 AXSBAxis Bank Ltd. INR2 | 0.08% | 1.57% | 0.08% |
 HNDLHindalco Industries Ltd. INR1 | 0.07% | 2.39% | 0.07% |
 BHARTIBharti Airtel Ltd. INR5 | 0.06% | 1.47% | 0.06% |
 HDFCBHDFC Bank Ltd. INR1 | 0.05% | 5.05% | 0.05% |
 JSTLJSW Steel Ltd. INR1 | 0.04% | 0.47% | 0.04% |
 LTLarsen & Toubro Ltd. INR2 | 0.04% | 1.21% | 0.04% |
 FBFederal Bank Ltd. INR2 | 0.03% | 0.74% | 0.03% |
 NACLNational Aluminium Co Ltd | 0.03% | 0.58% | 0.03% |
 SUELSuzlon Energy Ltd. INR2.00 | 0.03% | 0.64% | 0.03% |
 TTANTitan Co Ltd. INR1 | 0.03% | 0.35% | 0.03% |
 KEIIKEI Industries Ltd INR2 | 0.03% | 0.16% | 0.03% |
 UTCEMUltratech Cement Ltd. INR10 | 0.03% | 0.49% | 0.03% |
 TVSLTVS Motor Company Limited INR1 | 0.03% | 0.31% | 0.03% |
 HMCLHero Motocorp Ltd. INR2 | 0.03% | 0.60% | 0.03% |
 TCSTata Consultancy Services Ltd. INR1 | 0.03% | 1.39% | 0.03% |
 TECHMTech Mahindra Ltd. INR5 | 0.03% | 0.69% | 0.03% |
 IDFCFBIDFC First Bank Ltd. INR10 | 0.03% | 0.55% | 0.03% |
 SUNPSun Pharmaceutical Industries Ltd. INR1(DEMAT) | 0.03% | 1.15% | 0.03% |
 KKCCummins India Ltd. INR2 | 0.02% | 0.32% | 0.02% |
 CIPLACipla Ltd/India | 0.02% | 0.37% | 0.02% |
 LPCLupin Ltd. INR2 | 0.02% | 0.16% | 0.02% |
Showing the top 250 of 496 shared holdings by overlap weight.
Frequently Asked Questions
How much do DFAX and EPI overlap?
DFAX and EPI overlap by 3.6% of portfolio weight. They share 496 holdings (DFAX holds 10527 positions and EPI holds 568), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DFAX and EPI?
The two portfolios are 3.6% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of DFAX and EPI?
The largest positions held by both funds are BHE, MM, RELIANCE, TATA and AXSB. Together the top 10 shared positions account for 20% of the total overlap.
What does DFAX own that EPI doesn't?
10031 positions (96.0% of DFAX) are unique to DFAX, led by TSMWF, 005930 and TSM. In the other direction, 72 positions (2.1% of EPI) are unique to EPI.