DFEM vs ESGE: Holdings Overlap
DFEMDimensional Emerging Markets Core Equity 2 ETF
Dimensional · 6579 holdings · $9.0B · as of 2026-04-30
ESGEiShares ESG Aware MSCI EM ETF
iShares · 307 holdings · $6.8B · as of 2026-05-31
Holdings snapshots are 31 days apart (DFEM: 2026-04-30, ESGE: 2026-05-31). 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 DFEM and ESGE?
Dimensional Emerging Markets Core Equity 2 ETF (DFEM, by Dimensional) holds 6579 positions; iShares ESG Aware MSCI EM ETF (ESGE, by iShares) holds 307. They have 258 holdings in common, and by portfolio weight the two funds are 38.8% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 38.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 258DFEM holds 6579 · ESGE holds 307
- Weight in Shared Holdings
- DFEM 40%·ESGE 90%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 DFEM
6321 of 6579 positions (60.0% of the fund) are not held by ESGE. Showing the top 30 by weight.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| DFEM | +0.2% | +19.5% | +31.4% | +19.8% | — | — | 1.89% |
| ESGE | +0.1% | +20.1% | +34.1% | +20.5% | +7.1% | +9.1% | 2.15% |
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 DFEM vs ESGE →
Shared Holdings(258)
The top 10 shared positions account for 56% of the overlap, led by TSMWF, 005930 and 000660.
 TSMWFTaiwan Semiconductor Manufacturing Co. Ltd. | 9.23% | 14.90% | 9.23% |
|---|---|---|---|
 005930Samsung Electronics Co. Ltd. | 3.72% | 8.54% | 3.72% |
 000660SK hynix Inc | 3.20% | 4.62% | 3.20% |
 700Tencent Holdings Ltd. | 1.95% | 2.64% | 1.95% |
 9988Alibaba Group Holding Ltd | 0.95% | 1.96% | 0.95% |
 C6TChina Construction Bank Corp | 0.75% | 1.21% | 0.75% |
 2318RUBPing An Insurance Group Co of China Ltd | 0.54% | 0.63% | 0.54% |
 2308Delta Electronics Inc | 0.51% | 1.43% | 0.51% |
 HNHAFHon Hai Precision Industry Co Ltd | 0.40% | 0.63% | 0.40% |
 2454MediaTek Inc | 0.32% | 1.50% | 0.32% |
 3711ASE Technology Holding Co Ltd | 0.32% | 0.56% | 0.32% |
 ICKIndustrial & Commercial Bank of China Ltd | 0.31% | 0.41% | 0.31% |
 RJHISARAl Rajhi Bank | 0.29% | 0.80% | 0.29% |
 3690Meituan, B Shares | 0.29% | 0.36% | 0.29% |
 009150Samsung Electro-Mechanics Co Ltd | 0.27% | 0.98% | 0.27% |
 086790Hana Financial Group Inc | 0.25% | 0.38% | 0.25% |
 MMMahindra & Mahindra Ltd | 0.25% | 0.32% | 0.25% |
 1810Xiaomi Corp | 0.24% | 0.49% | 0.24% |
 1211RUBBYD Co Ltd. 'H'CNY1 | 0.23% | 0.49% | 0.23% |
 2345Accton Technology Corp | 0.23% | 0.32% | 0.23% |
 034020Doosan Enerbility Co Ltd | 0.23% | 0.30% | 0.23% |
 RELIANCEReliance Industries Ltd | 0.22% | 0.66% | 0.22% |
 AVMPFAsia Vital Components Co Ltd | 0.21% | 0.37% | 0.21% |
 AXSBAxis Bank Ltd | 0.21% | 0.32% | 0.21% |
 000150Doosan Co Ltd | 0.20% | 0.20% | 0.20% |
Showing the top 250 of 258 shared holdings by overlap weight.
Frequently Asked Questions
How much do DFEM and ESGE overlap?
DFEM and ESGE overlap by 38.8% of portfolio weight. They share 258 holdings (DFEM holds 6579 positions and ESGE holds 307), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DFEM and ESGE?
The two portfolios are 38.8% 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 DFEM and ESGE?
The largest positions held by both funds are TSMWF, 005930, 000660, 700 and 9988. Together the top 10 shared positions account for 56% of the total overlap.
What does DFEM own that ESGE doesn't?
6321 positions (60.0% of DFEM) are unique to DFEM, led by 3037, 6223 and PETR4. In the other direction, 49 positions (8.8% of ESGE) are unique to ESGE.