DFIC vs VEA: Holdings Overlap
DFICDimensional International Core Equity 2 ETF
Dimensional · 4018 holdings · $14.8B · as of 2026-04-30
VEAVanguard Developed Markets Index Fund
Vanguard · 3886 holdings · $235.0B · as of 2026-03-31
Holdings snapshots are 30 days apart (DFIC: 2026-04-30, VEA: 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 VEA?
Dimensional International Core Equity 2 ETF (DFIC, by Dimensional) holds 4018 positions; Vanguard Developed Markets Index Fund (VEA, by Vanguard) holds 3886. They have 2651 holdings in common, and by portfolio weight the two funds are 57.7% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 57.7%Sum of the smaller weight of each shared holding
- Shared Holdings
- 2651DFIC holds 4018 · VEA holds 3886
- Weight in Shared Holdings
- DFIC 90%·VEA 85%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
1367 of 4018 positions (8.9% of the fund) are not held by VEA. Showing the top 30 by weight.
Sector Breakdown
| Sector | DFIC | VEA |
|---|---|---|
| Financials | 14.8% | 20.4% |
| Industrials | 10.4% | 13.9% |
| Information Technology | 4.3% | 9.9% |
| Materials | 7.8% | 6.2% |
| Health Care | 4.8% | 7.3% |
| Other Sectors | 19.9% | 22.9% |
| Unclassified | 36.7% | 18.5% |
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, 19% of VEA).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| DFIC | +4.5% | +15.5% | +27.1% | +20.0% | — | — | 2.30% |
| VEA | +3.0% | +17.5% | +29.9% | +19.8% | +10.2% | +10.3% | 2.49% |
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 VEA →
Shared Holdings(2651)
The top 10 shared positions account for 9% of the overlap, led by RY, NESN and TTE.
 RYGovernment Long Bond 1.2x Strategy Fund | 0.80% | 0.78% | 0.78% |
|---|---|---|---|
 NESNNestle SA (Registered) | 0.63% | 0.87% | 0.63% |
 TTETotalEnergies SE EUR2.5 | 0.82% | 0.57% | 0.57% |
 7203Toyota Motor Corp. NPV | 0.56% | 0.76% | 0.56% |
 ROPRoche Holding AG | 0.51% | 0.96% | 0.51% |
 AZNAstraZeneca PLC ORD USD0.25 | 0.46% | 1.01% | 0.46% |
 DTEDeutsche Telekom AG (Registered) | 0.45% | 0.44% | 0.44% |
 BHPBHP Group Ltd. | 0.42% | 0.61% | 0.42% |
 RR-Rolls-Royce Holdings PLC | 0.38% | 0.44% | 0.38% |
 ENRSiemens Energy AG | 0.37% | 0.44% | 0.37% |
 TDThe Toronto-Dominion Bank COM NEW | 0.36% | 0.54% | 0.36% |
 UCGUniCredit SpA | 0.34% | 0.37% | 0.34% |
 CNQCanadian Natural Resources Ltd | 0.36% | 0.34% | 0.34% |
 RIORio Tinto PLC | 0.36% | 0.33% | 0.33% |
 6501Hitachi Ltd. NPV | 0.31% | 0.44% | 0.31% |
 8306Mitsubishi UFJ Financial Group Inc. NPV | 0.31% | 0.64% | 0.31% |
 6758Sony Group Corp. NPV | 0.29% | 0.43% | 0.29% |
 SIESiemens AG (Registered) | 0.29% | 0.61% | 0.29% |
 ABBNABB Ltd. (Registered) | 0.28% | 0.43% | 0.28% |
 SUSuncor Energy Inc | 0.38% | 0.27% | 0.27% |
 MCLVMH Moet Hennessy Louis Vuitton SE | 0.26% | 0.48% | 0.26% |
 RHMRheinmetall AG | 0.26% | 0.26% | 0.26% |
 DGVinci SA | 0.27% | 0.26% | 0.26% |
 6857Advantest Corp. NPV | 0.25% | 0.34% | 0.25% |
 MUV2Muenchener Rueckversicherungs-Gesellschaft AG (Registered) | 0.25% | 0.28% | 0.25% |
Showing the top 250 of 2651 shared holdings by overlap weight.
Frequently Asked Questions
How much do DFIC and VEA overlap?
DFIC and VEA overlap by 57.7% of portfolio weight. They share 2651 holdings (DFIC holds 4018 positions and VEA holds 3886), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DFIC and VEA?
The two portfolios are 57.7% identical by weight. Owning both is defensible: they share a meaningful core, but each fund adds exposure the other lacks.
What are the biggest shared holdings of DFIC and VEA?
The largest positions held by both funds are RY, NESN, TTE, 7203 and ROP. Together the top 10 shared positions account for 9% of the total overlap.
What does DFIC own that VEA doesn't?
1367 positions (8.9% of DFIC) are unique to DFIC, led by ASML, SHEL and NVS. In the other direction, 1235 positions (14.5% of VEA) are unique to VEA.