DFIC vs EWL: Holdings Overlap
DFICDimensional International Core Equity 2 ETF
Dimensional · 4018 holdings · $14.8B · as of 2026-04-30
EWLiShares MSCI Switzerland ETF
iShares · 42 holdings · $2.2B · as of 2026-05-31
Holdings snapshots are 31 days apart (DFIC: 2026-04-30, EWL: 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 DFIC and EWL?
Dimensional International Core Equity 2 ETF (DFIC, by Dimensional) holds 4018 positions; iShares MSCI Switzerland ETF (EWL, by iShares) holds 42. They have 42 holdings in common, and by portfolio weight the two funds are 4.9% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 4.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 42DFIC holds 4018 · EWL holds 42
- Weight in Shared Holdings
- DFIC 5%·EWL 98%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
3976 of 4018 positions (93.9% of the fund) are not held by EWL. Showing the top 30 by weight.
Only in EWL
Every position in EWL is also held by DFIC, so it brings nothing the other fund doesn’t already own.
Sector Breakdown
| Sector | DFIC | EWL |
|---|---|---|
| Health Care | 4.8% | 37.9% |
| Financials | 14.8% | 17.3% |
| Consumer Staples | 4.3% | 14.3% |
| Industrials | 10.4% | 11.3% |
| Materials | 7.8% | 6.1% |
| Other Sectors | 19.9% | 8.4% |
| Unclassified | 36.7% | 3.2% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts. “Unclassified” is weight we could not classify (37% of DFIC, 3% of EWL).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| DFIC | +4.5% | +15.5% | +27.1% | +20.0% | — | — | 2.30% |
| EWL | +1.7% | +9.5% | +22.3% | +13.4% | +7.3% | +10.1% | 1.69% |
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 EWL →
Shared Holdings(42)
The top 10 shared positions account for 57% of the overlap, led by NESN, ROP and ABBN.
 NESNNestle SA (Registered) | 0.63% | 12.34% | 0.63% |
|---|---|---|---|
 ROPRoche Holding AG | 0.51% | 14.03% | 0.51% |
 ABBNABB Ltd. (Registered) | 0.28% | 5.41% | 0.28% |
 ZURNZurich Insurance Group AG | 0.22% | 4.44% | 0.22% |
 HBANHelvetia Baloise Holding AG | 0.22% | 1.37% | 0.22% |
 UBSGUBS Group AG (Registered) | 0.21% | 5.13% | 0.21% |
 SDZSandoz Group AG | 0.19% | 1.93% | 0.19% |
 SRENSwiss Re AG | 0.19% | 2.32% | 0.19% |
 HOLNHolcim AG | 0.17% | 2.64% | 0.17% |
 SCMNSwisscom AG | 0.17% | 1.29% | 0.17% |
 GEBNGeberit AG | 0.14% | 1.23% | 0.14% |
 SLHNSwiss Life Holding AG | 0.14% | 1.69% | 0.14% |
 CFRCie Financiere Richemont SA (Registered) | 0.13% | 4.78% | 0.13% |
 SPSNSwiss Prime Site AG | 0.13% | 0.87% | 0.13% |
 ALCAlcon AG | 0.12% | 1.77% | 0.12% |
 VACNVAT Group AG | 0.12% | 1.37% | 0.12% |
 BAERJulius Baer Group Ltd | 0.11% | 1.03% | 0.11% |
 LONNLonza Group AG (Registered) | 0.11% | 2.35% | 0.11% |
 SGSNSGS SA (Registered) | 0.10% | 1.10% | 0.10% |
 PGHNPartners Group Holding AG | 0.08% | 1.32% | 0.08% |
 LOGNLogitech International S.A., Class R | 0.08% | 1.09% | 0.08% |
 GALDGalderma Group AG | 0.08% | 2.24% | 0.08% |
 NOVNNovartis AG (Registered) | 0.08% | 13.56% | 0.08% |
 GIVNGivaudan SA (Registered) | 0.07% | 1.83% | 0.07% |
 UHRSwatch Group AG/The | 0.07% | 0.62% | 0.07% |
Frequently Asked Questions
How much do DFIC and EWL overlap?
DFIC and EWL overlap by 4.9% of portfolio weight. They share 42 holdings (DFIC holds 4018 positions and EWL holds 42), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DFIC and EWL?
The two portfolios are 4.9% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of DFIC and EWL?
The largest positions held by both funds are NESN, ROP, ABBN, ZURN and HBAN. Together the top 10 shared positions account for 57% of the total overlap.
What does DFIC own that EWL doesn't?
3976 positions (93.9% of DFIC) are unique to DFIC, led by ASML, SHEL and TTE. In the other direction, 0 positions (0.0% of EWL) are unique to EWL.