DFIC vs GRID: Holdings Overlap
DFICDimensional International Core Equity 2 ETF
Dimensional · 4018 holdings · $14.8B · as of 2026-04-30
GRIDFirst Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund
First Trust · 120 holdings · $12.2B · as of 2026-03-31
Holdings snapshots are 30 days apart (DFIC: 2026-04-30, GRID: 2026-03-31). 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 GRID?
Dimensional International Core Equity 2 ETF (DFIC, by Dimensional) holds 4018 positions; First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID, by First Trust) holds 120. They have 45 holdings in common, and by portfolio weight the two funds are 4.2% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 4.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 45DFIC holds 4018 · GRID holds 120
- Weight in Shared Holdings
- DFIC 5%·GRID 49%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
3973 of 4018 positions (93.9% of the fund) are not held by GRID. Showing the top 30 by weight.
Only in GRID
75 of 120 positions (51.0% of the fund) are not held by DFIC. Showing the top 30 by weight.
Sector Breakdown
| Sector | DFIC | GRID |
|---|---|---|
| Industrials | 10.4% | 53.2% |
| Utilities | 2.5% | 20.3% |
| Financials | 14.8% | 0.0% |
| Information Technology | 4.3% | 10.7% |
| Materials | 7.8% | 0.0% |
| Other Sectors | 22.1% | 4.3% |
| Unclassified | 36.7% | 11.2% |
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, 11% of GRID).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| DFIC | +4.5% | +15.5% | +27.1% | +20.0% | — | — | 2.30% |
| GRID | +2.2% | +22.4% | +31.6% | +23.6% | +15.0% | +18.9% | 0.77% |
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 GRID →
Shared Holdings(45)
The top 10 shared positions account for 59% of the overlap, led by EOAN, 6501 and SIE.
 EOANE.ON SE NPV | 0.34% | 4.10% | 0.34% |
|---|---|---|---|
 6501Hitachi Ltd. NPV | 0.31% | 0.69% | 0.31% |
 SIESiemens AG (Registered) | 0.29% | 0.87% | 0.29% |
 IFXInfineon Technologies AG ORD NPV (REGD) | 0.38% | 0.28% | 0.28% |
 ABBNABB Ltd. CHF0.12 (REGD) | 0.28% | 7.58% | 0.28% |
 ENGIEngie SA EUR1 | 0.40% | 0.26% | 0.26% |
 5803Fujikura Ltd. NPV | 0.23% | 1.40% | 0.23% |
 ENELEnel S.p.A. EUR1 | 0.18% | 0.44% | 0.18% |
 SSESse PLC GBP0.50 | 0.18% | 0.19% | 0.18% |
 5802Sumitomo Electric Industries Ltd. NPV | 0.17% | 0.22% | 0.17% |
 PRYPrysmian S.p.A. NPV | 0.16% | 4.25% | 0.16% |
 LRLegrand SA EUR4 | 0.14% | 0.21% | 0.14% |
 SPIESPIE SA EUR0.47 | 0.10% | 1.06% | 0.10% |
 SUSchneider Electric SE EUR4.00 | 0.10% | 7.26% | 0.10% |
 6503Mitsubishi Electric Corp. NPV | 0.09% | 0.36% | 0.09% |
 IBEIberdrola, S.A. EUR0.75 | 0.09% | 0.69% | 0.09% |
 6752Panasonic Holdings Corporation COMMON STOCK | 0.09% | 0.21% | 0.09% |
 NKTNkt AS DKK20 | 0.08% | 0.89% | 0.08% |
 NEXNexans SA EUR1 | 0.08% | 0.70% | 0.08% |
 6723Renesas Electronics Corp. NPV | 0.07% | 0.12% | 0.07% |
 TRNTERNA - Rete Elettrica Nazionale S.p.A. ORD EUR0.22 | 0.07% | 2.00% | 0.07% |
 FTSFortis Inc COM NPV | 0.06% | 0.15% | 0.06% |
 EDPEDP ENERGIAS DE PORTUGAL SA | 0.06% | 0.07% | 0.06% |
 5801Furukawa Electric Co Ltd. NPV | 0.22% | 0.06% | 0.06% |
 BEANBELIMO Holding AG CHF0.05 (REGD) | 0.06% | 1.00% | 0.06% |
Frequently Asked Questions
How much do DFIC and GRID overlap?
DFIC and GRID overlap by 4.2% of portfolio weight. They share 45 holdings (DFIC holds 4018 positions and GRID holds 120), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DFIC and GRID?
The two portfolios are 4.2% 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 GRID?
The largest positions held by both funds are EOAN, 6501, SIE, IFX and ABBN. Together the top 10 shared positions account for 59% of the total overlap.
What does DFIC own that GRID doesn't?
3973 positions (93.9% of DFIC) are unique to DFIC, led by ASML, SHEL and TTE. In the other direction, 75 positions (51.0% of GRID) are unique to GRID.