ACWI vs DFUS overlap - what they share and where they differ

ACWI and DFUS share 61.8% of their weight across 504 common positions, read from what each fund reported to the SEC.

Each week Ploutos reads the reported positions of the largest US equity ETFs and measures, pair by pair, the weight they share: for every stock both funds hold, the smaller of the two weights counts. Two funds tracking the same index land near 100%. A sector fund inside a broad index fund lands at roughly that sector's weight.

ACWI and DFUS

61.8%

504 shared positions

ACWI

iShares MSCI ACWI ETF

Reported positions cover 98% of the fund, 1,571 positions · Apr 30, 2026

Top 10: 25.4%·Holdings of ACWI

DFUS

Dimensional U.S. Equity Market ETF

Reported positions cover 99% of the fund, 1,032 positions · Apr 30, 2026

Top 10: 36.4%·Holdings of DFUS

Reported positions cover ACWI 98%, DFUS 99% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.

DFUS vs ACWI side by side

ACWIiShares MSCI ACWI ETF

1,571

stock positions reported to the SEC

36.2% of its weight is in 1,067 names DFUS does not hold

DFUSDimensional U.S. Equity Market ETF

1,032

stock positions reported to the SEC

7.1% of its weight is in 528 names ACWI does not hold

Where each fund's weight sits

ACWI
DFUS
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Technology
33.5%
44.5%
Consumer Cyclical
7.6%
11.3%
Financial Services
9.6%
10.5%
Healthcare
6.7%
8.7%
Industrials
3.0%
4.8%

The widest gap is Technology: DFUS has 11.1 points more of it.

The figures side by side

ACWIDFUS
Filing dateApr 30, 2026Apr 30, 2026
Stock positions reported1,5711,032
Weight of the ten largest25.4%36.4%
Largest positionNVDA 4.9%NVDA 7.0%
Held alone1,067 positions, 36.2%528 positions, 7.1%
Covered by stock positions98%99%

Holdings they share

StockIn ACWIIn DFUSCounted
NVDANVIDIA CORPORATION4.88%6.96%4.88%
GOOGLALPHABET INC.4.12%6.04%4.12%
AAPLAPPLE INC.4.01%5.85%4.01%
MSFTMICROSOFT CORPORATION2.90%4.51%2.90%
AMZNAMAZON.COM, INC.2.57%3.83%2.57%
AVGOBROADCOM INC.1.89%2.89%1.89%
METAMETA PLATFORMS, INC.1.34%2.01%1.34%
TSLATESLA, INC.1.09%1.78%1.09%
JPMORGAN CHASE & CO.0.85%1.26%0.85%
LLYELI LILLY AND COMPANY0.75%1.12%0.75%

What each holds alone

The heaviest positions one fund reports and the other does not.

Only in ACWI

TSMTaiwan Semiconductor Manufacturing Company Limited1.73%
SAMSUNG ELECTRONICS CO., LTD.0.81%
ASMLASML Holding N.V.0.56%
SKHYSK hynix Inc.0.49%
TENCENT HOLDINGS LIMITED0.39%
HSBCHSBC HOLDINGS PLC0.32%
MUFGMitsubishi Corporation0.31%
ROCHE HOLDING AG0.30%
AZNASTRAZENECA PLC0.29%
BABAAlibaba Group Holding Limited0.28%

Only in DFUS

SNDKSANDISK CORPORATION0.25%
CPNGCOUPANG, INC.0.05%
FTITECHNIPFMC PLC0.05%
FNFABRINET0.04%
MTZMASTEC, INC.0.04%
NVECNVE Corporation0.04%
XPOXPO, INC.0.04%
AAALCOA CORPORATION0.03%
ALBALBEMARLE CORPORATION0.03%
APGAPI GROUP CORPORATION0.03%

Questions people ask

Is ACWI the same as DFUS?

61.8% of their weight sits in the same 504 holdings. ACWI also reports TSM, SAMSUNG ELECTRONICS CO., LTD., ASML, which the other does not. DFUS also reports SNDK, CPNG, FTI, which the other does not.

How is the overlap between ACWI and DFUS measured?

For every stock both funds report, the smaller of the two weights counts, and the sum is the overlap. The reported positions cover 98% of ACWI and 99% of DFUS, so the number cannot exceed the smaller coverage.

Which holds more, DFUS or ACWI?

ACWI reports 1,571 stock positions and DFUS reports 1,032. 36.2% of ACWI's weight sits in names DFUS does not hold, and 7.1% of DFUS's weight in names ACWI does not hold. The ten largest positions are 25.4% of ACWI and 36.4% of DFUS.

How do ACWI and DFUS differ by sector?

The widest gap is Technology: DFUS has 11.1 points more of it. Sectors come from each holding's SIC code in its SEC record, summed by the weight the fund reports.

Where do the numbers come from?

From each fund's own N-PORT filing to the SEC, which lists every position and its weight. The comparison uses every equity position the fund reports; cash, futures and bonds are not counted, which is why a coverage figure sits next to every result. Holdings change between filings.

Other pairs with these funds

ACWI against other funds in the table

DFUS against other funds in the table

Add a third fund in the tool·All fund pairs

Descriptive data from public SEC filings. Nothing on this page is a recommendation to buy, sell or hold any fund or stock, and holdings change between filings.