DFEM vs MCHI: Holdings Overlap
DFEMDimensional Emerging Markets Core Equity 2 ETF
Dimensional · 6579 holdings · $9.0B · as of 2026-04-30
iShares · 580 holdings · $6.3B · as of 2026-05-31
Holdings snapshots are 31 days apart (DFEM: 2026-04-30, MCHI: 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 MCHI?
Dimensional Emerging Markets Core Equity 2 ETF (DFEM, by Dimensional) holds 6579 positions; iShares MSCI China ETF (MCHI, by iShares) holds 580. They have 432 holdings in common, and by portfolio weight the two funds are 17.0% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 17.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 432DFEM holds 6579 · MCHI holds 580
- Weight in Shared Holdings
- DFEM 17%·MCHI 87%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
6147 of 6579 positions (83.1% of the fund) are not held by MCHI. Showing the top 30 by weight.
Only in MCHI
148 of 580 positions (12.6% of the fund) are not held by DFEM. 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% |
| MCHI | +9.3% | -5.2% | -1.0% | +8.7% | -2.2% | +4.3% | 1.94% |
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 MCHI →
Shared Holdings(432)
The top 10 shared positions account for 36% of the overlap, led by 700, 9988 and C6T.
 700Tencent Holdings Ltd. | 1.95% | 13.21% | 1.95% |
|---|---|---|---|
 9988Alibaba Group Holding Ltd | 0.95% | 10.14% | 0.95% |
 C6TChina Construction Bank Corp | 0.75% | 3.97% | 0.75% |
 2318RUBPing An Insurance Group Co of China Ltd | 0.54% | 1.96% | 0.54% |
 PDDPDD Holdings Inc. SPONSORED ADS | 0.51% | 2.28% | 0.51% |
 PC6PetroChina Co Ltd | 0.35% | 1.12% | 0.35% |
 ICKIndustrial & Commercial Bank of China Ltd | 0.31% | 2.10% | 0.31% |
 3690Meituan, B Shares | 0.29% | 1.84% | 0.29% |
 W8VBank of China Ltd | 0.28% | 1.80% | 0.28% |
 FJZZijin Mining Group Co Ltd | 0.27% | 0.97% | 0.27% |
 1810Xiaomi Corp | 0.24% | 2.35% | 0.24% |
 1211RUBBYD Co Ltd | 0.23% | 1.63% | 0.23% |
 YUMCYum China Holdings Inc | 0.22% | 0.59% | 0.22% |
 175Geely Automobile Holdings Ltd | 0.20% | 0.60% | 0.20% |
 M4BChina Merchants Bank Co Ltd | 0.18% | 0.90% | 0.18% |
 IKFChina Shenhua Energy Co Ltd | 0.18% | 0.74% | 0.18% |
 2020ANTA Sports Products Ltd | 0.18% | 0.47% | 0.18% |
 992Lenovo Group Ltd | 0.18% | 0.94% | 0.18% |
 1109China Resources Land Ltd | 0.18% | 0.55% | 0.18% |
 1024Kuaishou Technology | 0.18% | 0.57% | 0.18% |
 1378China Hongqiao Group Ltd | 0.18% | 0.39% | 0.18% |
 300750Contemporary Amperex Technology Co Ltd | 0.17% | 0.64% | 0.17% |
 1093CSPC Pharmaceutical Group Ltd | 0.16% | 0.29% | 0.16% |
 9992Pop Mart International Group Ltd | 0.15% | 0.45% | 0.15% |
 9999NetEase Inc | 0.15% | 1.63% | 0.15% |
Showing the top 250 of 432 shared holdings by overlap weight.
Frequently Asked Questions
How much do DFEM and MCHI overlap?
DFEM and MCHI overlap by 17.0% of portfolio weight. They share 432 holdings (DFEM holds 6579 positions and MCHI holds 580), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DFEM and MCHI?
The two portfolios are 17.0% 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 MCHI?
The largest positions held by both funds are 700, 9988, C6T, 2318RUB and PDD. Together the top 10 shared positions account for 36% of the total overlap.
What does DFEM own that MCHI doesn't?
6147 positions (83.1% of DFEM) are unique to DFEM, led by TSMWF, 005930 and 000660. In the other direction, 148 positions (12.6% of MCHI) are unique to MCHI.