DFIC vs DFAX: Holdings Overlap
DFICDimensional International Core Equity 2 ETF
Dimensional · 4018 holdings · $14.8B · as of 2026-04-30
DFAXDimensional World ex. U.S. Core Equity 2 ETF
Dimensional · 10527 holdings · $12.0B · as of 2026-04-30
How similar are DFIC and DFAX?
Dimensional International Core Equity 2 ETF (DFIC, by Dimensional) holds 4018 positions; Dimensional World ex. U.S. Core Equity 2 ETF (DFAX, by Dimensional) holds 10527. They have 3867 holdings in common, and by portfolio weight the two funds are 62.8% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 62.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 3867DFIC holds 4018 · DFAX holds 10527
- Weight in Shared Holdings
- DFIC 99%·DFAX 65%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 DFIC
151 of 4018 positions (0.1% of the fund) are not held by DFAX. Showing the top 30 by weight.
Only in DFAX
6660 of 10527 positions (34.9% of the fund) are not held by DFIC. Showing the top 30 by weight.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| DFIC | +4.5% | +15.5% | +27.1% | +20.0% | — | — | 2.30% |
| DFAX | +3.5% | +17.0% | +29.0% | +20.1% | — | — | 2.27% |
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 DFIC vs DFAX →
Shared Holdings(3867)
The top 10 shared positions account for 7% of the overlap, led by NVS, TTE and ASML.
 NVSNovartis AG SPONSORED ADR | 0.78% | 0.66% | 0.66% |
|---|---|---|---|
 TTETotalEnergies SE EUR2.5 | 0.82% | 0.61% | 0.61% |
 ASMLASML Holding N.V., New York Shares | 0.94% | 0.56% | 0.56% |
 RYGovernment Long Bond 1.2x Strategy Fund | 0.80% | 0.55% | 0.55% |
 SHELShell PLC SPON ADS | 0.89% | 0.49% | 0.49% |
 7203Toyota Motor Corp. NPV | 0.56% | 0.40% | 0.40% |
 NESNNestle SA (Registered) | 0.63% | 0.36% | 0.36% |
 ROPRoche Holding AG | 0.51% | 0.30% | 0.30% |
 DTEDeutsche Telekom AG (Registered) | 0.45% | 0.28% | 0.28% |
 ENGIEngie SA | 0.40% | 0.26% | 0.26% |
 KUSDKinross Gold Corp | 0.27% | 0.26% | 0.26% |
 SUSuncor Energy Inc | 0.38% | 0.26% | 0.26% |
 BPBP PLC | 0.38% | 0.25% | 0.25% |
 HSBCHSBC Holdings PLC SPON ADR NEW | 0.46% | 0.25% | 0.25% |
 6857Advantest Corp. NPV | 0.25% | 0.24% | 0.24% |
 BHPBHP Group Ltd. | 0.42% | 0.24% | 0.24% |
 AZNAstraZeneca PLC ORD USD0.25 | 0.46% | 0.23% | 0.23% |
 BASBASF SE | 0.40% | 0.23% | 0.23% |
 5803Fujikura Ltd. NPV | 0.23% | 0.56% | 0.23% |
 IFXInfineon Technologies AG | 0.38% | 0.23% | 0.23% |
 RHMRheinmetall AG | 0.26% | 0.22% | 0.22% |
 8306Mitsubishi UFJ Financial Group Inc. NPV | 0.31% | 0.22% | 0.22% |
 6501Hitachi Ltd. NPV | 0.31% | 0.22% | 0.22% |
 ENRSiemens Energy AG | 0.37% | 0.22% | 0.22% |
 BAYNBayer AG (Registered) | 0.34% | 0.21% | 0.21% |
Showing the top 250 of 3867 shared holdings by overlap weight.
Frequently Asked Questions
How much do DFIC and DFAX overlap?
DFIC and DFAX overlap by 62.8% of portfolio weight. They share 3867 holdings (DFIC holds 4018 positions and DFAX holds 10527), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DFIC and DFAX?
The two portfolios are 62.8% identical by weight. Owning both mostly doubles down on the shared core rather than diversifying: the same large positions drive both funds.
What are the biggest shared holdings of DFIC and DFAX?
The largest positions held by both funds are NVS, TTE, ASML, RY and SHEL. Together the top 10 shared positions account for 7% of the total overlap.
What does DFIC own that DFAX doesn't?
151 positions (0.1% of DFIC) are unique to DFIC, led by NOKRUB, CANON INC and HTWS. In the other direction, 6660 positions (34.9% of DFAX) are unique to DFAX.