DFAX vs IEFA: Holdings Overlap
DFAXDimensional World ex. U.S. Core Equity 2 ETF
Dimensional · 10527 holdings · $12.0B · as of 2026-04-30
IEFAiShares Core MSCI EAFE ETF
iShares · 2632 holdings · $193.5B · as of 2026-04-30
How similar are DFAX and IEFA?
Dimensional World ex. U.S. Core Equity 2 ETF (DFAX, by Dimensional) holds 10527 positions; iShares Core MSCI EAFE ETF (IEFA, by iShares) holds 2632. They have 2098 holdings in common, and by portfolio weight the two funds are 42.2% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 42.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 2098DFAX holds 10527 · IEFA holds 2632
- Weight in Shared Holdings
- DFAX 50%·IEFA 93%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
8429 of 10527 positions (49.2% of the fund) are not held by IEFA. 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% |
| IEFA | +4.2% | +14.8% | +24.5% | +17.9% | +9.3% | +9.8% | 3.25% |
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 IEFA →
Shared Holdings(2098)
The top 10 shared positions account for 7% of the overlap, led by TTE, 7203 and NESN.
 TTETotalEnergies SE EUR2.5 | 0.61% | 0.73% | 0.61% |
|---|---|---|---|
 7203Toyota Motor Corp. NPV | 0.40% | 0.71% | 0.40% |
 NESNNestle SA (Registered) | 0.36% | 1.03% | 0.36% |
 ROPRoche Holding AG | 0.30% | 1.13% | 0.30% |
 DTEDeutsche Telekom AG (Registered) | 0.28% | 0.47% | 0.28% |
 6857Advantest Corp. NPV | 0.24% | 0.56% | 0.24% |
 BHPBHP Group Ltd. | 0.24% | 0.79% | 0.24% |
 ENGIEngie SA | 0.26% | 0.24% | 0.24% |
 AZNAstraZeneca PLC ORD USD0.25 | 0.23% | 1.16% | 0.23% |
 IFXInfineon Technologies AG | 0.23% | 0.34% | 0.23% |
 5803Fujikura Ltd. NPV | 0.56% | 0.23% | 0.23% |
 BASBASF SE | 0.23% | 0.23% | 0.23% |
 RHMRheinmetall AG | 0.22% | 0.29% | 0.22% |
 8306Mitsubishi UFJ Financial Group Inc. NPV | 0.22% | 0.80% | 0.22% |
 6501Hitachi Ltd. NPV | 0.22% | 0.57% | 0.22% |
 ENRSiemens Energy AG | 0.22% | 0.65% | 0.22% |
 UCGUniCredit SpA | 0.20% | 0.43% | 0.20% |
 ABBNABB Ltd. (Registered) | 0.20% | 0.62% | 0.20% |
 ENIEni SpA | 0.20% | 0.23% | 0.20% |
 EOANE ON SE | 0.21% | 0.20% | 0.20% |
 RR-Rolls-Royce Holdings PLC | 0.19% | 0.53% | 0.19% |
 MCLVMH Moet Hennessy Louis Vuitton SE | 0.19% | 0.52% | 0.19% |
 SHELShell PLC | 0.18% | 1.02% | 0.18% |
 BAYNBayer AG (Registered) | 0.21% | 0.17% | 0.17% |
 SANBanco Santander SA | 0.17% | 0.70% | 0.17% |
Showing the top 250 of 2098 shared holdings by overlap weight.
Frequently Asked Questions
How much do DFAX and IEFA overlap?
DFAX and IEFA overlap by 42.2% of portfolio weight. They share 2098 holdings (DFAX holds 10527 positions and IEFA holds 2632), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DFAX and IEFA?
The two portfolios are 42.2% 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 IEFA?
The largest positions held by both funds are TTE, 7203, NESN, ROP and DTE. Together the top 10 shared positions account for 7% of the total overlap.
What does DFAX own that IEFA doesn't?
8429 positions (49.2% of DFAX) are unique to DFAX, led by TSMWF, 005930 and TSM. In the other direction, 534 positions (6.5% of IEFA) are unique to IEFA.