DFEM vs FNDF: Holdings Overlap
DFEMDimensional Emerging Markets Core Equity 2 ETF
Dimensional · 6579 holdings · $9.0B · as of 2026-04-30
FNDFSchwab Fundamental International Equity ETF
Schwab · 888 holdings · $25.2B · as of 2026-05-31
Holdings snapshots are 31 days apart (DFEM: 2026-04-30, FNDF: 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 FNDF?
Dimensional Emerging Markets Core Equity 2 ETF (DFEM, by Dimensional) holds 6579 positions; Schwab Fundamental International Equity ETF (FNDF, by Schwab) holds 888. They have 54 holdings in common, and by portfolio weight the two funds are 8.2% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 8.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 54DFEM holds 6579 · FNDF holds 888
- Weight in Shared Holdings
- DFEM 11%·FNDF 11%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
6525 of 6579 positions (88.8% of the fund) are not held by FNDF. 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% |
| FNDF | +4.2% | +22.8% | +39.1% | +23.1% | +14.5% | +12.0% | 2.97% |
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 FNDF →
Shared Holdings(54)
The top 10 shared positions account for 81% of the overlap, led by 005930, 000660 and 005380.
 005930Samsung Electronics Co Ltd | 3.72% | 5.51% | 3.72% |
|---|---|---|---|
 000660SK hynix Inc | 3.20% | 1.37% | 1.37% |
 005380Hyundai Motor Co | 0.44% | 0.50% | 0.44% |
 009150Samsung Electro-Mechanics Co Ltd | 0.27% | 0.40% | 0.27% |
 PKNOrlen SA PLN1.25 | 0.17% | 0.20% | 0.17% |
 066570LG Electronics Inc | 0.14% | 0.41% | 0.14% |
 055550Shinhan Financial Group Co Ltd | 0.19% | 0.14% | 0.14% |
 006400Samsung SDI Co Ltd | 0.18% | 0.13% | 0.13% |
 105560KB Financial Group Inc | 0.17% | 0.12% | 0.12% |
 011070LG Innotek Co Ltd | 0.12% | 0.21% | 0.12% |
 051910LG Chem Ltd | 0.11% | 0.12% | 0.11% |
 086790Hana Financial Group Inc | 0.25% | 0.09% | 0.09% |
 005490POSCO Holdings Inc | 0.08% | 0.34% | 0.08% |
 KGHKGHM Polska Miedz SA | 0.07% | 0.07% | 0.07% |
 316140Woori Financial Group Inc | 0.16% | 0.07% | 0.07% |
 AUAnglogold Ashanti PLC COM SHS | 0.13% | 0.05% | 0.05% |
 267250HD Hyundai Co Ltd | 0.13% | 0.05% | 0.05% |
 148Kingboard Holdings Ltd | 0.05% | 0.06% | 0.05% |
 PZUPowszechny Zaklad Ubezpieczen SA | 0.05% | 0.05% | 0.05% |
 034730SK Inc | 0.05% | 0.31% | 0.05% |
 086280Hyundai Glovis Co Ltd | 0.08% | 0.05% | 0.05% |
 033780KT&G Corp | 0.07% | 0.04% | 0.04% |
 034020Doosan Enerbility Co Ltd | 0.23% | 0.04% | 0.04% |
 003490Korean Air Lines Co Ltd | 0.05% | 0.04% | 0.04% |
 035420NAVER Corp | 0.07% | 0.04% | 0.04% |
Frequently Asked Questions
How much do DFEM and FNDF overlap?
DFEM and FNDF overlap by 8.2% of portfolio weight. They share 54 holdings (DFEM holds 6579 positions and FNDF holds 888), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DFEM and FNDF?
The two portfolios are 8.2% 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 DFEM and FNDF?
The largest positions held by both funds are 005930, 000660, 005380, 009150 and PKN. Together the top 10 shared positions account for 81% of the total overlap.
What does DFEM own that FNDF doesn't?
6525 positions (88.8% of DFEM) are unique to DFEM, led by TSMWF, 700 and 9988. In the other direction, 834 positions (87.9% of FNDF) are unique to FNDF.