DFIV vs DFAI: Holdings Overlap
DFIVDimensional International Value ETF
Dimensional · 572 holdings · $21.4B · as of 2026-04-30
DFAIDimensional International Core Equity Market ETF
Dimensional · 3726 holdings · $17.5B · as of 2026-04-30
How similar are DFIV and DFAI?
Dimensional International Value ETF (DFIV, by Dimensional) holds 572 positions; Dimensional International Core Equity Market ETF (DFAI, by Dimensional) holds 3726. They have 555 holdings in common, and by portfolio weight the two funds are 37.3% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 37.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 555DFIV holds 572 · DFAI holds 3726
- Weight in Shared Holdings
- DFIV 93%·DFAI 44%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 DFIV
17 of 572 positions (6.3% of the fund) are not held by DFAI.
Only in DFAI
3171 of 3726 positions (55.7% of the fund) are not held by DFIV. Showing the top 30 by weight.
Sector Breakdown
| Sector | DFIV | DFAI |
|---|---|---|
| Financials | 30.2% | 20.2% |
| Energy | 14.9% | 5.6% |
| Industrials | 6.6% | 13.8% |
| Materials | 9.8% | 7.1% |
| Health Care | 4.4% | 7.2% |
| Other Sectors | 20.2% | 24.6% |
| Unclassified | 13.0% | 20.8% |
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 (13% of DFIV, 21% of DFAI).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| DFIV | +4.9% | +18.1% | +34.9% | +24.0% | — | — | 2.55% |
| DFAI | +4.2% | +15.2% | +26.8% | +19.3% | +10.7% | — | 2.24% |
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 DFIV vs DFAI →
Shared Holdings(555)
The top 10 shared positions account for 16% of the overlap, led by SHEL, HSBA and TTE.
 SHELShell PLC | 0.82% | 1.04% | 0.82% |
|---|---|---|---|
 HSBAHSBC Holdings PLC | 0.68% | 1.04% | 0.68% |
 TTETotalEnergies SE EUR2.5 | 2.23% | 0.65% | 0.65% |
 7203Toyota Motor Corp. NPV | 1.86% | 0.64% | 0.64% |
 NVSNovartis AG SPONSORED ADR | 0.68% | 0.64% | 0.64% |
 TDThe Toronto-Dominion Bank COM NEW | 1.32% | 0.60% | 0.60% |
 DTEDeutsche Telekom AG (Registered) | 0.53% | 0.49% | 0.49% |
 8306Mitsubishi UFJ Financial Group Inc. NPV | 0.47% | 0.66% | 0.47% |
 UBSGUBS Group AG (Registered) | 0.71% | 0.42% | 0.42% |
 UCGUniCredit SpA | 0.54% | 0.41% | 0.41% |
 SUSuncor Energy, Inc. | 1.17% | 0.39% | 0.39% |
 SANBanco Santander SA | 1.83% | 0.38% | 0.38% |
 BMOBank of Montreal COM | 0.96% | 0.37% | 0.37% |
 BATSBritish American Tobacco PLC | 0.67% | 0.34% | 0.34% |
 BNSBank of Nova Scotia (The) | 0.90% | 0.34% | 0.34% |
 CMCanadian Imperial Bank of Commerce COM | 0.71% | 0.34% | 0.34% |
 8316Sumitomo Mitsui Financial Group Inc. NPV | 0.90% | 0.34% | 0.34% |
 ZURNZurich Insurance Group AG | 0.94% | 0.33% | 0.33% |
 BNPBNP Paribas SA | 0.71% | 0.31% | 0.31% |
| SANSanofi SA | 0.40% | 0.30% | 0.30% |
 WBCWestpac Banking Corp. | 0.73% | 0.30% | 0.30% |
 8411Mizuho Financial Group Inc. NPV | 0.51% | 0.30% | 0.30% |
 ENGIEngie SA EUR1 | 0.98% | 0.29% | 0.29% |
 CFRCie Financiere Richemont SA (Registered) | 0.70% | 0.28% | 0.28% |
 LLOYLloyds Banking Group PLC | 0.91% | 0.28% | 0.28% |
Showing the top 250 of 555 shared holdings by overlap weight.
Frequently Asked Questions
How much do DFIV and DFAI overlap?
DFIV and DFAI overlap by 37.3% of portfolio weight. They share 555 holdings (DFIV holds 572 positions and DFAI holds 3726), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DFIV and DFAI?
The two portfolios are 37.3% 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 DFIV and DFAI?
The largest positions held by both funds are SHEL, HSBA, TTE, 7203 and NVS. Together the top 10 shared positions account for 16% of the total overlap.
What does DFIV own that DFAI doesn't?
17 positions (6.3% of DFIV) are unique to DFIV, led by SHEL, HSBC and BP. In the other direction, 3171 positions (55.7% of DFAI) are unique to DFAI.