DFEM vs VSS: Holdings Overlap
DFEMDimensional Emerging Markets Core Equity 2 ETF
Dimensional · 6579 holdings · $9.0B · 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 DFEM and VSS?
Dimensional Emerging Markets Core Equity 2 ETF (DFEM, by Dimensional) holds 6579 positions; Vanguard FTSE All-world Ex-us Small-cap Index Fund (VSS, by Vanguard) holds 4810. They have 1937 holdings in common, and by portfolio weight the two funds are 14.3% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 14.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 1937DFEM holds 6579 · VSS holds 4810
- Weight in Shared Holdings
- DFEM 15%·VSS 26%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
4642 of 6579 positions (84.8% 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 |
|---|---|---|---|---|---|---|---|
| DFEM | +0.2% | +19.5% | +31.4% | +19.8% | — | — | 1.89% |
| 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 DFEM vs VSS →
Shared Holdings(1937)
The top 10 shared positions account for 8% of the overlap, led by 6274, 2337 and 3189.
 6274Taiwan Union Technology Corp | 0.23% | 0.22% | 0.22% |
|---|---|---|---|
 2337Macronix International Co Ltd | 0.17% | 0.24% | 0.17% |
 3189Kinsus Interconnect Technology Corp | 0.25% | 0.15% | 0.15% |
 2313Compeq Manufacturing Co Ltd | 0.14% | 0.21% | 0.14% |
 3260ADATA Technology Co Ltd | 0.12% | 0.11% | 0.11% |
 267270HD Construction Equipment Co Ltd | 0.14% | 0.10% | 0.10% |
 6139L&K Engineering Co Ltd | 0.09% | 0.09% | 0.09% |
 010060OCI Holdings Co Ltd | 0.09% | 0.09% | 0.09% |
 047040Daewoo Engineering & Construction Co Ltd | 0.08% | 0.13% | 0.08% |
 5289Innodisk Corp | 0.07% | 0.09% | 0.07% |
 3264Ardentec Corp | 0.09% | 0.07% | 0.07% |
 000990DB HiTek Co Ltd | 0.07% | 0.09% | 0.07% |
 189Dongyue Group Ltd | 0.08% | 0.07% | 0.07% |
 6257Sigurd Microelectronics Corp | 0.06% | 0.07% | 0.06% |
 8358Co-Tech Development Corp | 0.06% | 0.07% | 0.06% |
 6147Chipbond Technology Corp | 0.06% | 0.08% | 0.06% |
 ALRAlior Bank SA | 0.06% | 0.08% | 0.06% |
 1785Solar Applied Materials Technology Corp | 0.05% | 0.07% | 0.05% |
 6213ITEQ Corp | 0.07% | 0.05% | 0.05% |
 PGEPGE Polska Grupa Energetyczna SA | 0.05% | 0.07% | 0.05% |
 039490KIWOOM Securities Co Ltd | 0.05% | 0.11% | 0.05% |
 TPETauron Polska Energia SA | 0.05% | 0.07% | 0.05% |
 6285WNC Corp /Taiwan | 0.04% | 0.07% | 0.04% |
 1815Fulltech Fiber Glass Corp | 0.04% | 0.04% | 0.04% |
 CAMSComputer Age Management Services Ltd | 0.04% | 0.05% | 0.04% |
Showing the top 250 of 1937 shared holdings by overlap weight.
Frequently Asked Questions
How much do DFEM and VSS overlap?
DFEM and VSS overlap by 14.3% of portfolio weight. They share 1937 holdings (DFEM holds 6579 positions and VSS holds 4810), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DFEM and VSS?
The two portfolios are 14.3% 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 DFEM and VSS?
The largest positions held by both funds are 6274, 2337, 3189, 2313 and 3260. Together the top 10 shared positions account for 8% of the total overlap.
What does DFEM own that VSS doesn't?
4642 positions (84.8% of DFEM) are unique to DFEM, led by TSMWF, 005930 and 000660. In the other direction, 2873 positions (72.6% of VSS) are unique to VSS.