DFAX vs VSS: Holdings Overlap
DFAXDimensional World ex. U.S. Core Equity 2 ETF
Dimensional · 10527 holdings · $12.0B · as of 2026-04-30
VSSVanguard FTSE All-world Ex-us Small-cap Index Fund
Vanguard · 4810 holdings · $11.7B · as of 2026-04-30
How similar are DFAX and VSS?
Dimensional World ex. U.S. Core Equity 2 ETF (DFAX, by Dimensional) holds 10527 positions; Vanguard FTSE All-world Ex-us Small-cap Index Fund (VSS, by Vanguard) holds 4810. They have 3389 holdings in common, and by portfolio weight the two funds are 16.3% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 16.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 3389DFAX holds 10527 · VSS holds 4810
- Weight in Shared Holdings
- DFAX 16%·VSS 76%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
7138 of 10527 positions (83.2% of the fund) are not held by VSS. 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% |
| VSS | +3.4% | +11.3% | +19.8% | +15.6% | +6.0% | +8.0% | 3.14% |
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 VSS →
Shared Holdings(3389)
The top 10 shared positions account for 4% of the overlap, led by FTT, HBM and 2337.
 FTTFinning International Inc | 0.08% | 0.26% | 0.08% |
|---|---|---|---|
 HBMHudbay Minerals Inc | 0.08% | 0.23% | 0.08% |
 2337Macronix International Co Ltd | 0.07% | 0.24% | 0.07% |
 6787Meiko Electronics Co Ltd. NPV | 0.06% | 0.10% | 0.06% |
 2313Compeq Manufacturing Co Ltd | 0.06% | 0.21% | 0.06% |
 ATZAritzia Inc | 0.06% | 0.27% | 0.06% |
 OGCOceanaGold Corp | 0.06% | 0.19% | 0.06% |
 GTTGaztransport Et Technigaz SA | 0.06% | 0.24% | 0.06% |
 BABBabcock International Group PLC | 0.06% | 0.10% | 0.06% |
 NKTNkt AS DKK20 | 0.06% | 0.21% | 0.06% |
 ACLNAccelleron Industries AG | 0.05% | 0.27% | 0.05% |
 SPMSaipem SpA | 0.05% | 0.19% | 0.05% |
 GAWGames Workshop Group PLC | 0.05% | 0.23% | 0.05% |
 8358Co-Tech Development Corp | 0.05% | 0.07% | 0.05% |
 EGOEldorado Gold Corp | 0.05% | 0.20% | 0.05% |
 BGEOLion Finance Group PLC | 0.05% | 0.14% | 0.05% |
 DPMDPM Metals Inc | 0.05% | 0.19% | 0.05% |
 JYSKJyske Bank A/S | 0.05% | 0.15% | 0.05% |
 RILBARingkjoebing Landbobank A/S | 0.05% | 0.17% | 0.05% |
 PEYPeyto Exploration & Development Corp | 0.05% | 0.10% | 0.05% |
 TE1RUBTechnip Energies NV | 0.05% | 0.19% | 0.05% |
 NEXNexans SA | 0.04% | 0.20% | 0.04% |
 BTGB2Gold Corp | 0.04% | 0.16% | 0.04% |
 CSCapstone Copper Corp | 0.04% | 0.15% | 0.04% |
 NDAAurubis AG | 0.04% | 0.19% | 0.04% |
Showing the top 250 of 3389 shared holdings by overlap weight.
Frequently Asked Questions
How much do DFAX and VSS overlap?
DFAX and VSS overlap by 16.3% of portfolio weight. They share 3389 holdings (DFAX holds 10527 positions and VSS holds 4810), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DFAX and VSS?
The two portfolios are 16.3% 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 VSS?
The largest positions held by both funds are FTT, HBM, 2337, 6787 and 2313. Together the top 10 shared positions account for 4% of the total overlap.
What does DFAX own that VSS doesn't?
7138 positions (83.2% of DFAX) are unique to DFAX, led by TSMWF, 005930 and TSM. In the other direction, 1421 positions (22.9% of VSS) are unique to VSS.