DFAX vs VEA: Holdings Overlap
DFAXDimensional World ex. U.S. Core Equity 2 ETF
Dimensional · 10527 holdings · $12.0B · as of 2026-04-30
VEAVanguard Developed Markets Index Fund
Vanguard · 3886 holdings · $235.0B · as of 2026-03-31
Holdings snapshots are 30 days apart (DFAX: 2026-04-30, VEA: 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 VEA?
Dimensional World ex. U.S. Core Equity 2 ETF (DFAX, by Dimensional) holds 10527 positions; Vanguard Developed Markets Index Fund (VEA, by Vanguard) holds 3886. They have 3074 holdings in common, and by portfolio weight the two funds are 49.6% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 49.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 3074DFAX holds 10527 · VEA holds 3886
- Weight in Shared Holdings
- DFAX 65%·VEA 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
7453 of 10527 positions (34.4% of the fund) are not held by VEA. 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% |
| VEA | +3.0% | +17.5% | +29.9% | +19.8% | +10.2% | +10.3% | 2.49% |
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 VEA →
Shared Holdings(3074)
The top 10 shared positions account for 9% of the overlap, led by 005930, 000660 and TTE.
 005930Samsung Electronics Co Ltd | 1.12% | 1.88% | 1.12% |
|---|---|---|---|
 000660SK hynix Inc | 0.59% | 1.05% | 0.59% |
 TTETotalEnergies SE EUR2.5 | 0.61% | 0.57% | 0.57% |
 RYGovernment Long Bond 1.2x Strategy Fund | 0.55% | 0.78% | 0.55% |
 7203Toyota Motor Corp. NPV | 0.40% | 0.76% | 0.40% |
 NESNNestle SA (Registered) | 0.36% | 0.87% | 0.36% |
 ROPRoche Holding AG | 0.30% | 0.96% | 0.30% |
 DTEDeutsche Telekom AG (Registered) | 0.28% | 0.44% | 0.28% |
 SUSuncor Energy Inc | 0.26% | 0.27% | 0.26% |
 6857Advantest Corp. NPV | 0.24% | 0.34% | 0.24% |
 BHPBHP Group Ltd. | 0.24% | 0.61% | 0.24% |
 AZNAstraZeneca PLC ORD USD0.25 | 0.23% | 1.01% | 0.23% |
 RHMRheinmetall AG | 0.22% | 0.26% | 0.22% |
 8306Mitsubishi UFJ Financial Group Inc. NPV | 0.22% | 0.64% | 0.22% |
 6501Hitachi Ltd. NPV | 0.22% | 0.44% | 0.22% |
 ENRSiemens Energy AG | 0.22% | 0.44% | 0.22% |
 AEMAgnico Eagle Mines Ltd | 0.21% | 0.35% | 0.21% |
 CNQCanadian Natural Resources Ltd | 0.21% | 0.34% | 0.21% |
 TDThe Toronto-Dominion Bank COM NEW | 0.21% | 0.54% | 0.21% |
 UCGUniCredit SpA | 0.20% | 0.37% | 0.20% |
 ABBNABB Ltd. (Registered) | 0.20% | 0.43% | 0.20% |
 IFXInfineon Technologies AG | 0.23% | 0.20% | 0.20% |
 RR-Rolls-Royce Holdings PLC | 0.19% | 0.44% | 0.19% |
 BASBASF SE | 0.23% | 0.19% | 0.19% |
 MCLVMH Moet Hennessy Louis Vuitton SE | 0.19% | 0.48% | 0.19% |
Showing the top 250 of 3074 shared holdings by overlap weight.
Frequently Asked Questions
How much do DFAX and VEA overlap?
DFAX and VEA overlap by 49.6% of portfolio weight. They share 3074 holdings (DFAX holds 10527 positions and VEA holds 3886), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DFAX and VEA?
The two portfolios are 49.6% 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 VEA?
The largest positions held by both funds are 005930, 000660, TTE, RY and 7203. Together the top 10 shared positions account for 9% of the total overlap.
What does DFAX own that VEA doesn't?
7453 positions (34.4% of DFAX) are unique to DFAX, led by TSMWF, TSM and NVS. In the other direction, 812 positions (6.5% of VEA) are unique to VEA.