DFIV vs VNQI: Holdings Overlap
DFIVDimensional International Value ETF
Dimensional · 572 holdings · $21.4B · 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 DFIV and VNQI?
Dimensional International Value ETF (DFIV, by Dimensional) holds 572 positions; Vanguard Global Ex-u.s. Real Estate Index Fund (VNQI, by Vanguard) holds 710. They have 16 holdings in common, and by portfolio weight the two funds are 1.7% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 1.7%Sum of the smaller weight of each shared holding
- Shared Holdings
- 16DFIV holds 572 · VNQI holds 710
- Weight in Shared Holdings
- DFIV 2%·VNQI 19%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
556 of 572 positions (97.4% of the fund) are not held by VNQI. Showing the top 30 by weight.
Sector Breakdown
| Sector | DFIV | VNQI |
|---|---|---|
| Real Estate | 1.3% | 64.7% |
| Financials | 30.2% | 0.0% |
| Energy | 14.9% | 0.0% |
| Materials | 9.8% | 0.0% |
| Industrials | 6.6% | 0.0% |
| Other Sectors | 23.3% | 0.0% |
| Unclassified | 13.0% | 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 (13% of DFIV, 35% of VNQI).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| DFIV | +4.9% | +18.1% | +34.9% | +24.0% | — | — | 2.55% |
| 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 DFIV vs VNQI →
Shared Holdings(16)
The top 10 shared positions account for 91% of the overlap, led by 8830, 1925 and 8802.
 8830Sumitomo Realty & Development Co. Ltd. | 0.31% | 2.63% | 0.31% |
|---|---|---|---|
 1925Daiwa House Industry Co Ltd | 0.22% | 1.68% | 0.22% |
 8802Mitsubishi Estate Co Ltd | 0.19% | 3.14% | 0.19% |
 8801Mitsui Fudosan Co. Ltd. | 0.19% | 2.76% | 0.19% |
 16Sun Hung Kai Properties Ltd. | 0.16% | 2.44% | 0.16% |
 3289Tokyu Fudosan Holdings Corp | 0.14% | 0.46% | 0.14% |
 8804Tokyo Tatemono Co Ltd | 0.10% | 0.43% | 0.10% |
 3231Nomura Real Estate Holdings Inc | 0.10% | 0.31% | 0.10% |
 1113CK Asset Holdings Ltd | 0.08% | 1.12% | 0.08% |
 HKLHongkong Land Holdings Ltd | 0.07% | 0.71% | 0.07% |
 12Henderson Land Development Co Ltd | 0.05% | 0.49% | 0.05% |
 3003Hulic Co Ltd | 0.03% | 0.69% | 0.03% |
 SPSNSwiss Prime Site AG | 0.03% | 1.26% | 0.03% |
 UOLUOL Group Ltd | 0.03% | 0.35% | 0.03% |
 101Hang Lung Properties Ltd | 0.02% | 0.19% | 0.02% |
 KREITKeppel REIT | 0.00% | 0.20% | 0.00% |
Frequently Asked Questions
How much do DFIV and VNQI overlap?
DFIV and VNQI overlap by 1.7% of portfolio weight. They share 16 holdings (DFIV holds 572 positions and VNQI holds 710), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DFIV and VNQI?
The two portfolios are 1.7% 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 VNQI?
The largest positions held by both funds are 8830, 1925, 8802, 8801 and 16. Together the top 10 shared positions account for 91% of the total overlap.
What does DFIV own that VNQI doesn't?
556 positions (97.4% of DFIV) are unique to DFIV, led by SHEL, TTE and 7203. In the other direction, 694 positions (80.1% of VNQI) are unique to VNQI.