EMXC vs DFAE: Holdings Overlap
EMXCiShares MSCI Emerging Markets ex China ETF
iShares · 663 holdings · $23.8B · as of 2026-05-31
DFAEDimensional Emerging Core Equity Market ETF
Dimensional · 6342 holdings · $9.5B · as of 2026-04-30
Holdings snapshots are 31 days apart (EMXC: 2026-05-31, DFAE: 2026-04-30). 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 EMXC and DFAE?
iShares MSCI Emerging Markets ex China ETF (EMXC, by iShares) holds 663 positions; Dimensional Emerging Core Equity Market ETF (DFAE, by Dimensional) holds 6342. They have 575 holdings in common, and by portfolio weight the two funds are 56.2% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 56.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 575EMXC holds 663 · DFAE holds 6342
- Weight in Shared Holdings
- EMXC 93%·DFAE 58%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 EMXC
88 of 663 positions (7.3% of the fund) are not held by DFAE. Showing the top 30 by weight.
Only in DFAE
5767 of 6342 positions (42.7% of the fund) are not held by EMXC. Showing the top 30 by weight.
Sector Breakdown
| Sector | EMXC | DFAE |
|---|---|---|
| Information Technology | 49.6% | 28.8% |
| Financials | 12.0% | 10.5% |
| Consumer Discretionary | 3.2% | 5.6% |
| Communication Services | 2.2% | 4.7% |
| Materials | 3.6% | 3.0% |
| Other Sectors | 9.5% | 8.6% |
| Unclassified | 19.8% | 39.1% |
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 (20% of EMXC, 39% of DFAE).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| EMXC | -2.1% | +31.1% | +51.2% | +24.8% | +11.5% | — | 2.03% |
| DFAE | +0.3% | +20.0% | +33.0% | +20.1% | +9.2% | — | 1.80% |
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 EMXC vs DFAE →
Shared Holdings(575)
The top 10 shared positions account for 42% of the overlap, led by TSMWF, 005930 and 000660.
 TSMWFTaiwan Semiconductor Manufacturing Co Ltd | 17.94% | 12.22% | 12.22% |
|---|---|---|---|
 005930Samsung Electronics Co Ltd | 9.75% | 4.35% | 4.35% |
 000660SK hynix Inc | 8.35% | 3.49% | 3.49% |
 2308Delta Electronics Inc | 1.47% | 0.90% | 0.90% |
 2454MediaTek Inc | 2.04% | 0.69% | 0.69% |
 HNHAFHon Hai Precision Industry Co Ltd | 1.13% | 0.53% | 0.53% |
 RELIANCEReliance Industries Ltd | 0.83% | 0.45% | 0.45% |
 005380Hyundai Motor Co | 0.63% | 0.43% | 0.43% |
 BHARTIBharti Airtel Ltd | 0.49% | 0.41% | 0.41% |
 PETR4Petroleo Brasileiro SA - Petrobras | 0.38% | 0.37% | 0.37% |
 RJHISARAl Rajhi Bank | 0.52% | 0.35% | 0.35% |
 HDFCBHDFC Bank Ltd | 0.87% | 0.34% | 0.34% |
 3037Unimicron Technology Corp | 0.43% | 0.31% | 0.31% |
 2345Accton Technology Corp | 0.38% | 0.30% | 0.30% |
 AUAnglogold Ashanti PLC COM SHS | 0.47% | 0.29% | 0.29% |
 ARAMCSARSaudi Arabian Oil Co | 0.44% | 0.28% | 0.28% |
 034020Doosan Enerbility Co Ltd | 0.31% | 0.28% | 0.28% |
 2383Elite Material Co Ltd | 0.48% | 0.26% | 0.26% |
 009150Samsung Electro-Mechanics Co Ltd | 0.78% | 0.25% | 0.25% |
 006400Samsung SDI Co Ltd. KRW5000 | 0.27% | 0.24% | 0.24% |
 105560KB Financial Group Inc | 0.36% | 0.23% | 0.23% |
 MMMahindra & Mahindra Ltd | 0.29% | 0.23% | 0.23% |
 AVMPFAsia Vital Components Co Ltd | 0.27% | 0.23% | 0.23% |
 3711ASE Technology Holding Co Ltd | 0.62% | 0.23% | 0.23% |
 2891CTBC Financial Holding Co Ltd | 0.32% | 0.23% | 0.23% |
Showing the top 250 of 575 shared holdings by overlap weight.
Frequently Asked Questions
How much do EMXC and DFAE overlap?
EMXC and DFAE overlap by 56.2% of portfolio weight. They share 575 holdings (EMXC holds 663 positions and DFAE holds 6342), based on each fund's latest SEC-reported holdings.
Is it redundant to own both EMXC and DFAE?
The two portfolios are 56.2% 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 EMXC and DFAE?
The largest positions held by both funds are TSMWF, 005930, 000660, 2308 and 2454. Together the top 10 shared positions account for 42% of the total overlap.
What does EMXC own that DFAE doesn't?
88 positions (7.3% of EMXC) are unique to EMXC, led by 005935, 402340 and NU. In the other direction, 5767 positions (42.7% of DFAE) are unique to DFAE.