DFIC vs VNQI: Holdings Overlap
DFICDimensional International Core Equity 2 ETF
Dimensional · 4018 holdings · $14.8B · as of 2026-04-30
VNQIVanguard Global Ex-u.s. Real Estate Index Fund
Vanguard · 710 holdings · $3.6B · as of 2026-04-30
How similar are DFIC and VNQI?
Dimensional International Core Equity 2 ETF (DFIC, by Dimensional) holds 4018 positions; Vanguard Global Ex-u.s. Real Estate Index Fund (VNQI, by Vanguard) holds 710. They have 113 holdings in common, and by portfolio weight the two funds are 1.5% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 1.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 113DFIC holds 4018 · VNQI holds 710
- Weight in Shared Holdings
- DFIC 2%·VNQI 33%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
3905 of 4018 positions (97.2% of the fund) are not held by VNQI. Showing the top 30 by weight.
Sector Breakdown
| Sector | DFIC | VNQI |
|---|---|---|
| Real Estate | 0.6% | 64.7% |
| Financials | 14.8% | 0.0% |
| Industrials | 10.4% | 0.0% |
| Materials | 7.8% | 0.0% |
| Energy | 5.9% | 0.0% |
| Other Sectors | 22.5% | 0.0% |
| Unclassified | 36.7% | 34.3% |
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, 35% of VNQI).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| DFIC | +4.5% | +15.5% | +27.1% | +20.0% | — | — | 2.30% |
| VNQI | +1.6% | +0.8% | +3.4% | +8.5% | -0.7% | +2.2% | 4.66% |
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 VNQI →
Shared Holdings(113)
The top 10 shared positions account for 42% of the overlap, led by SPSN, 1925 and VNA.
 SPSNSwiss Prime Site AG | 0.13% | 1.26% | 0.13% |
|---|---|---|---|
 1925Daiwa House Industry Co Ltd | 0.09% | 1.68% | 0.09% |
 VNAVonovia SE | 0.07% | 2.05% | 0.07% |
 8830Sumitomo Realty & Development Co. Ltd. | 0.06% | 2.63% | 0.06% |
 PSPNPSP Swiss Property AG | 0.06% | 0.83% | 0.06% |
 3289Tokyu Fudosan Holdings Corp | 0.05% | 0.46% | 0.05% |
 MOBNMobimo Holding AG | 0.05% | 0.32% | 0.05% |
 1113CK Asset Holdings Ltd | 0.05% | 1.12% | 0.05% |
 ALLNAllreal Holding AG | 0.05% | 0.36% | 0.05% |
 8802Mitsubishi Estate Co Ltd | 0.04% | 3.14% | 0.04% |
 8804Tokyo Tatemono Co Ltd | 0.04% | 0.43% | 0.04% |
 UOLUOL Group Ltd | 0.04% | 0.35% | 0.04% |
 CITCity Developments Ltd | 0.04% | 0.33% | 0.04% |
 HKLHongkong Land Holdings Ltd | 0.03% | 0.71% | 0.03% |
 3003Hulic Co Ltd | 0.03% | 0.69% | 0.03% |
 16Sun Hung Kai Properties Ltd. | 0.03% | 2.44% | 0.03% |
 8801Mitsui Fudosan Co. Ltd. | 0.03% | 2.76% | 0.03% |
 3231Nomura Real Estate Holdings Inc | 0.03% | 0.31% | 0.03% |
 1878Daito Trust Construction Co Ltd | 0.03% | 0.63% | 0.03% |
 LEGLEG Immobilien SE | 0.03% | 0.48% | 0.03% |
 1997Wharf Real Estate Investment Co Ltd | 0.02% | 0.46% | 0.02% |
 MGORMega Or Holdings Ltd | 0.02% | 0.42% | 0.02% |
 101Hang Lung Properties Ltd | 0.02% | 0.19% | 0.02% |
 CASTCastellum AB | 0.02% | 0.43% | 0.02% |
 TEGTAG Immobilien AG | 0.02% | 0.30% | 0.02% |
Frequently Asked Questions
How much do DFIC and VNQI overlap?
DFIC and VNQI overlap by 1.5% of portfolio weight. They share 113 holdings (DFIC holds 4018 positions and VNQI holds 710), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DFIC and VNQI?
The two portfolios are 1.5% 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 VNQI?
The largest positions held by both funds are SPSN, 1925, VNA, 8830 and PSPN. Together the top 10 shared positions account for 42% of the total overlap.
What does DFIC own that VNQI doesn't?
3905 positions (97.2% of DFIC) are unique to DFIC, led by ASML, SHEL and TTE. In the other direction, 597 positions (65.7% of VNQI) are unique to VNQI.