IEFA vs DFAI: Holdings Overlap
IEFAiShares Core MSCI EAFE ETF
iShares · 2632 holdings · $193.5B · as of 2026-04-30
DFAIDimensional International Core Equity Market ETF
Dimensional · 3726 holdings · $17.5B · as of 2026-04-30
How similar are IEFA and DFAI?
iShares Core MSCI EAFE ETF (IEFA, by iShares) holds 2632 positions; Dimensional International Core Equity Market ETF (DFAI, by Dimensional) holds 3726. They have 2094 holdings in common, and by portfolio weight the two funds are 76.0% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 76.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 2094IEFA holds 2632 · DFAI holds 3726
- Weight in Shared Holdings
- IEFA 93%·DFAI 82%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 IEFA
538 of 2632 positions (6.3% of the fund) are not held by DFAI. Showing the top 30 by weight.
Only in DFAI
1632 of 3726 positions (17.6% of the fund) are not held by IEFA. Showing the top 30 by weight.
Sector Breakdown
| Sector | IEFA | DFAI |
|---|---|---|
| Financials | 20.5% | 20.2% |
| Industrials | 16.0% | 13.8% |
| Health Care | 8.3% | 7.2% |
| Information Technology | 7.9% | 6.9% |
| Materials | 5.4% | 7.1% |
| Other Sectors | 24.3% | 23.3% |
| Unclassified | 17.0% | 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 (17% of IEFA, 21% of DFAI).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| IEFA | +4.2% | +14.8% | +24.5% | +17.9% | +9.3% | +9.8% | 3.25% |
| 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 IEFA vs DFAI →
Shared Holdings(2094)
The top 10 shared positions account for 10% of the overlap, led by HSBA, SHEL and ROP.
 HSBAHSBC Holdings PLC | 1.24% | 1.04% | 1.04% |
|---|---|---|---|
 SHELShell PLC | 1.02% | 1.04% | 1.02% |
 ROPRoche Holding AG | 1.13% | 0.97% | 0.97% |
 AZNAstraZeneca PLC ORD USD0.25 | 1.16% | 0.95% | 0.95% |
 NESNNestle SA (Registered) | 1.03% | 0.90% | 0.90% |
 8306Mitsubishi UFJ Financial Group Inc. NPV | 0.80% | 0.66% | 0.66% |
 TTETotalEnergies SE EUR2.5 | 0.73% | 0.65% | 0.65% |
 7203Toyota Motor Corp. NPV | 0.71% | 0.64% | 0.64% |
 BHPBHP Group Ltd. | 0.79% | 0.56% | 0.56% |
 SIESiemens AG (Registered) | 0.89% | 0.55% | 0.55% |
 CBACommonwealth Bank of Australia | 0.83% | 0.54% | 0.54% |
 6857Advantest Corp. NPV | 0.56% | 0.49% | 0.49% |
 BP-BP plc | 0.49% | 0.56% | 0.49% |
 MCLVMH Moet Hennessy Louis Vuitton SE | 0.52% | 0.48% | 0.48% |
 8035Tokyo Electron Ltd. NPV | 0.52% | 0.48% | 0.48% |
 6758Sony Group Corp. NPV | 0.49% | 0.48% | 0.48% |
 ENRSiemens Energy AG | 0.65% | 0.47% | 0.47% |
 DTEDeutsche Telekom AG (Registered) | 0.47% | 0.49% | 0.47% |
 RR-Rolls-Royce Holdings PLC | 0.53% | 0.46% | 0.46% |
 NOVOBNovo Nordisk A/S, Class B | 0.54% | 0.44% | 0.44% |
 6501Hitachi Ltd. NPV | 0.57% | 0.43% | 0.43% |
 ALVAllianz SE (Registered) | 0.68% | 0.43% | 0.43% |
 SAPSAP SE | 0.69% | 0.42% | 0.42% |
 UBSGUBS Group AG (Registered) | 0.55% | 0.42% | 0.42% |
 SUSchneider Electric SE EUR4.00 | 0.69% | 0.41% | 0.41% |
Showing the top 250 of 2094 shared holdings by overlap weight.
Frequently Asked Questions
How much do IEFA and DFAI overlap?
IEFA and DFAI overlap by 76.0% of portfolio weight. They share 2094 holdings (IEFA holds 2632 positions and DFAI holds 3726), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IEFA and DFAI?
The two portfolios are 76.0% identical by weight. Owning both mostly doubles down on the shared core rather than diversifying: the same large positions drive both funds.
What are the biggest shared holdings of IEFA and DFAI?
The largest positions held by both funds are HSBA, SHEL, ROP, AZN and NESN. Together the top 10 shared positions account for 10% of the total overlap.
What does IEFA own that DFAI doesn't?
538 positions (6.3% of IEFA) are unique to IEFA, led by 9984, INVEB and SPOT. In the other direction, 1632 positions (17.6% of DFAI) are unique to DFAI.