GSIE vs DFAI: Holdings Overlap
GSIEGoldman Sachs ActiveBeta(R) International Equity ETF
Goldman Sachs · 657 holdings · $6.0B · as of 2026-05-31
DFAIDimensional International Core Equity Market ETF
Dimensional · 3726 holdings · $17.5B · as of 2026-04-30
Holdings snapshots are 31 days apart (GSIE: 2026-05-31, DFAI: 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 GSIE and DFAI?
Goldman Sachs ActiveBeta(R) International Equity ETF (GSIE, by Goldman Sachs) holds 657 positions; Dimensional International Core Equity Market ETF (DFAI, by Dimensional) holds 3726. They have 605 holdings in common, and by portfolio weight the two funds are 58.1% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 58.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 605GSIE holds 657 · DFAI holds 3726
- Weight in Shared Holdings
- GSIE 94%·DFAI 75%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 GSIE
52 of 657 positions (5.4% of the fund) are not held by DFAI. Showing the top 30 by weight.
Only in DFAI
3121 of 3726 positions (24.7% of the fund) are not held by GSIE. Showing the top 30 by weight.
Sector Breakdown
| Sector | GSIE | DFAI |
|---|---|---|
| Financials | 24.0% | 20.2% |
| Industrials | 15.3% | 13.8% |
| Information Technology | 9.0% | 6.9% |
| Health Care | 8.0% | 7.2% |
| Materials | 5.6% | 7.1% |
| Other Sectors | 22.4% | 23.3% |
| Unclassified | 15.0% | 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 (15% of GSIE, 21% of DFAI).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| GSIE | +5.0% | +14.2% | +23.8% | +18.4% | +9.5% | +9.8% | 2.43% |
| 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 GSIE vs DFAI →
Shared Holdings(605)
The top 10 shared positions account for 12% of the overlap, led by HSBA, ROP and RY.
 HSBAHSBC Holdings PLC | 1.06% | 1.04% | 1.04% |
|---|---|---|---|
 ROPRoche Holding AG | 1.01% | 0.97% | 0.97% |
 RYGovernment Long Bond 1.2x Strategy Fund | 1.06% | 0.91% | 0.91% |
 AZNAstraZeneca PLC ORD USD0.25 | 0.88% | 0.95% | 0.88% |
 SHELShell PLC | 0.61% | 1.04% | 0.61% |
 TDThe Toronto-Dominion Bank COM NEW | 0.78% | 0.60% | 0.60% |
 NESNNestle SA (Registered) | 0.60% | 0.90% | 0.60% |
 SIESiemens AG (Registered) | 0.58% | 0.55% | 0.55% |
 BHPBHP Group Ltd. | 0.50% | 0.56% | 0.50% |
 6857Advantest Corp. NPV | 0.77% | 0.49% | 0.49% |
 8306Mitsubishi UFJ Financial Group Inc. NPV | 0.48% | 0.66% | 0.48% |
 8035Tokyo Electron Ltd. NPV | 0.49% | 0.48% | 0.48% |
 TTETotalEnergies SE EUR2.5 | 0.46% | 0.65% | 0.46% |
 ALVAllianz SE (Registered) | 0.57% | 0.43% | 0.43% |
 SAPSAP SE ORD NPV | 0.48% | 0.42% | 0.42% |
 NOVOBNovo Nordisk A/S, Class B | 0.42% | 0.44% | 0.42% |
 CBACommonwealth Bank of Australia | 0.42% | 0.54% | 0.42% |
 ENRSiemens Energy AG | 0.42% | 0.47% | 0.42% |
 UCGUniCredit SpA | 0.40% | 0.41% | 0.40% |
 ASMLASML Holding NV | 2.11% | 0.39% | 0.39% |
 SANBanco Santander SA | 0.80% | 0.38% | 0.38% |
 UBSGUBS Group AG (Registered) | 0.38% | 0.42% | 0.38% |
 IBEIberdrola, S.A. EUR0.75 | 0.37% | 0.37% | 0.37% |
 BARCBarclays PLC | 0.38% | 0.36% | 0.36% |
 GSKGSK plc | 0.36% | 0.39% | 0.36% |
Showing the top 250 of 605 shared holdings by overlap weight.
Frequently Asked Questions
How much do GSIE and DFAI overlap?
GSIE and DFAI overlap by 58.1% of portfolio weight. They share 605 holdings (GSIE holds 657 positions and DFAI holds 3726), based on each fund's latest SEC-reported holdings.
Is it redundant to own both GSIE and DFAI?
The two portfolios are 58.1% 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 GSIE and DFAI?
The largest positions held by both funds are HSBA, ROP, RY, AZN and SHEL. Together the top 10 shared positions account for 12% of the total overlap.
What does GSIE own that DFAI doesn't?
52 positions (5.4% of GSIE) are unique to GSIE, led by 9984, CVC Capital Partners PLC and POW. In the other direction, 3121 positions (24.7% of DFAI) are unique to DFAI.