DFIC vs FNDC: Holdings Overlap
DFICDimensional International Core Equity 2 ETF
Dimensional · 4018 holdings · $14.8B · as of 2026-04-30
FNDCSchwab Fundamental International Small Equity ETF
Schwab · 1580 holdings · $3.1B · as of 2026-05-31
Holdings snapshots are 31 days apart (DFIC: 2026-04-30, FNDC: 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 FNDC?
Dimensional International Core Equity 2 ETF (DFIC, by Dimensional) holds 4018 positions; Schwab Fundamental International Small Equity ETF (FNDC, by Schwab) holds 1580. They have 1115 holdings in common, and by portfolio weight the two funds are 23.2% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 23.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 1115DFIC holds 4018 · FNDC holds 1580
- Weight in Shared Holdings
- DFIC 24%·FNDC 73%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
2903 of 4018 positions (74.7% of the fund) are not held by FNDC. Showing the top 30 by weight.
Only in FNDC
465 of 1580 positions (25.8% 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% |
| FNDC | +4.3% | +15.1% | +22.5% | +18.2% | +8.5% | +9.0% | 3.53% |
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 FNDC →
Shared Holdings(1115)
The top 10 shared positions account for 6% of the overlap, led by HBAN, CLS and PAAS.
 HBANHelvetia Baloise Holding AG | 0.22% | 0.22% | 0.22% |
|---|---|---|---|
 CLSCelestica Inc | 0.18% | 0.28% | 0.18% |
 PAASPan American Silver Corp | 0.16% | 0.19% | 0.16% |
 4062Ibiden Co Ltd. NPV | 0.14% | 0.69% | 0.14% |
 BEZBeazley PLC | 0.13% | 0.13% | 0.13% |
 EDVEndeavour Mining PLC | 0.15% | 0.13% | 0.13% |
 HBMHudbay Minerals Inc | 0.13% | 0.20% | 0.13% |
 VACNVAT Group AG | 0.12% | 0.14% | 0.12% |
 BESIBE Semiconductor Industries NV | 0.12% | 0.16% | 0.12% |
 SPSNSwiss Prime Site AG | 0.13% | 0.11% | 0.11% |
 BKTBankinter SA | 0.10% | 0.15% | 0.10% |
 IAGIAMGOLD Corp | 0.12% | 0.10% | 0.10% |
 AGIAlamos Gold Inc | 0.12% | 0.10% | 0.10% |
 FBKFinecoBank Banca Fineco SpA | 0.10% | 0.12% | 0.10% |
 SPIESPIE SA | 0.10% | 0.15% | 0.10% |
 EVNEvolution Mining Ltd | 0.10% | 0.15% | 0.10% |
 BABBabcock International Group PLC | 0.10% | 0.10% | 0.10% |
 FERFerrovial N.V. | 0.10% | 0.12% | 0.10% |
 ORNBVOrion Oyj | 0.10% | 0.13% | 0.10% |
 BBD-BBombardier Inc | 0.09% | 0.16% | 0.09% |
 IMIIMI PLC | 0.09% | 0.16% | 0.09% |
 OGCOceanaGold Corp | 0.09% | 0.09% | 0.09% |
 GAWGames Workshop Group PLC | 0.10% | 0.09% | 0.09% |
 FRESFresnillo PLC | 0.09% | 0.09% | 0.09% |
 NKTNkt AS DKK20 | 0.08% | 0.09% | 0.08% |
Showing the top 250 of 1115 shared holdings by overlap weight.
Frequently Asked Questions
How much do DFIC and FNDC overlap?
DFIC and FNDC overlap by 23.2% of portfolio weight. They share 1115 holdings (DFIC holds 4018 positions and FNDC holds 1580), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DFIC and FNDC?
The two portfolios are 23.2% 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 DFIC and FNDC?
The largest positions held by both funds are HBAN, CLS, PAAS, 4062 and BEZ. Together the top 10 shared positions account for 6% of the total overlap.
What does DFIC own that FNDC doesn't?
2903 positions (74.7% of DFIC) are unique to DFIC, led by ASML, SHEL and TTE. In the other direction, 465 positions (25.8% of FNDC) are unique to FNDC.