DFIV vs FNDC: Holdings Overlap
DFIVDimensional International Value ETF
Dimensional · 572 holdings · $21.4B · 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 (DFIV: 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 DFIV and FNDC?
Dimensional International Value ETF (DFIV, by Dimensional) holds 572 positions; Schwab Fundamental International Small Equity ETF (FNDC, by Schwab) holds 1580. They have 141 holdings in common, and by portfolio weight the two funds are 4.0% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 4.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 141DFIV holds 572 · FNDC holds 1580
- Weight in Shared Holdings
- DFIV 4%·FNDC 13%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
431 of 572 positions (94.8% of the fund) are not held by FNDC. Showing the top 30 by weight.
Only in FNDC
1439 of 1580 positions (86.5% of the fund) are not held by DFIV. Showing the top 30 by weight.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| DFIV | +4.9% | +18.1% | +34.9% | +24.0% | — | — | 2.55% |
| 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 DFIV vs FNDC →
Shared Holdings(141)
The top 10 shared positions account for 25% of the overlap, led by PAAS, 8804 and 3231.
 PAASPan American Silver Corp | 0.19% | 0.19% | 0.19% |
|---|---|---|---|
 8804Tokyo Tatemono Co Ltd | 0.10% | 0.11% | 0.10% |
 3231Nomura Real Estate Holdings Inc | 0.10% | 0.11% | 0.10% |
 TRYGTryg A/S | 0.09% | 0.12% | 0.09% |
 HBANHelvetia Baloise Holding AG | 0.09% | 0.22% | 0.09% |
 27Galaxy Entertainment Group Ltd | 0.11% | 0.09% | 0.09% |
 DLEKGILSDelek Group Ltd | 0.09% | 0.11% | 0.09% |
 7186Yokohama Financial Group Inc | 0.08% | 0.15% | 0.08% |
 CLISClal Insurance Enterprises Holdings Ltd | 0.10% | 0.08% | 0.08% |
 8233Takashimaya Co Ltd | 0.07% | 0.15% | 0.07% |
 BWLPBW LPG Ltd | 0.07% | 0.11% | 0.07% |
 LOOMISLoomis AB | 0.07% | 0.12% | 0.07% |
 HKLHongkong Land Holdings Ltd | 0.07% | 0.15% | 0.07% |
 5105Toyo Tire Corp. NPV | 0.07% | 0.13% | 0.07% |
 5831Shizuoka Financial Group Inc | 0.06% | 0.12% | 0.06% |
 EDPREDP Renewables SA | 0.06% | 0.07% | 0.06% |
 PRUPerseus Mining Ltd | 0.06% | 0.07% | 0.06% |
 7167Mebuki Financial Group Inc | 0.06% | 0.12% | 0.06% |
 8473SBI Holdings Inc NPV | 0.20% | 0.06% | 0.06% |
 BMPSBanca Monte dei Paschi di Siena SpA | 0.06% | 0.08% | 0.06% |
 66MTR Corp Ltd | 0.05% | 0.12% | 0.05% |
 8354Fukuoka Financial Group Inc | 0.05% | 0.12% | 0.05% |
 EQXEquinox Gold Corp | 0.05% | 0.09% | 0.05% |
 HVNHarvey Norman Holdings Ltd | 0.05% | 0.06% | 0.05% |
 5991NHK Spring Co Ltd NPV | 0.05% | 0.20% | 0.05% |
Frequently Asked Questions
How much do DFIV and FNDC overlap?
DFIV and FNDC overlap by 4.0% of portfolio weight. They share 141 holdings (DFIV holds 572 positions and FNDC holds 1580), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DFIV and FNDC?
The two portfolios are 4.0% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of DFIV and FNDC?
The largest positions held by both funds are PAAS, 8804, 3231, TRYG and HBAN. Together the top 10 shared positions account for 25% of the total overlap.
What does DFIV own that FNDC doesn't?
431 positions (94.8% of DFIV) are unique to DFIV, led by SHEL, TTE and 7203. In the other direction, 1439 positions (86.5% of FNDC) are unique to FNDC.