ACWX vs DFEM overlap - what they share and where they differ
ACWX and DFEM share 28.6% of their weight across 650 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.
ACWX and DFEM
28.6%
650 shared positions
ACWX
iShares MSCI ACWI ex U.S. ETF
Reported positions cover 98% of the fund, 1,483 positions · Apr 30, 2026
Top 10: 14.9%·Holdings of ACWX
DFEM
Dimensional Emerging Markets Core Equity 2 ETF
Reported positions cover 89% of the fund, 2,205 positions · Apr 30, 2026
Top 10: 21.9%·Holdings of DFEM
Reported positions cover ACWX 98%, DFEM 89% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.
DFEM vs ACWX side by side
ACWXiShares MSCI ACWI ex U.S. ETF
1,483
stock positions reported to the SEC
67.4% of its weight is in 833 names DFEM does not hold
DFEMDimensional Emerging Markets Core Equity 2 ETF
2,205
stock positions reported to the SEC
27.0% of its weight is in 1,555 names ACWX does not hold
Where each fund's weight sits
Largest sectors for both funds
The widest gap is Financial Services: ACWX has 7.5 points more of it.
The figures side by side
| ACWX | DFEM | |
|---|---|---|
| Filing date | Apr 30, 2026 | Apr 30, 2026 |
| Stock positions reported | 1,483 | 2,205 |
| Weight of the ten largest | 14.9% | 21.9% |
| Largest position | TSM 4.7% | TSM 9.2% |
| Held alone | 833 positions, 67.4% | 1,555 positions, 27.0% |
| Covered by stock positions | 98% | 89% |
Holdings they share
| Stock | In ACWX | In DFEM | Counted |
|---|---|---|---|
| TSMTaiwan Semiconductor Manufacturing Company Limited | 4.67% | 9.24% | 4.67% |
| SAMSUNG ELECTRONICS CO., LTD. | 2.19% | 3.72% | 2.19% |
| SKHYSK hynix Inc. | 1.33% | 3.20% | 1.33% |
| TENCENT HOLDINGS LIMITED | 1.07% | 1.95% | 1.07% |
| BABAAlibaba Group Holding Limited | 0.79% | 0.95% | 0.79% |
| DELTA ELECTRONICS, INC. | 0.37% | 0.51% | 0.37% |
| CHINA CONSTRUCTION BANK CORPORATION | 0.32% | 0.75% | 0.32% |
| MEDIATEK INC. | 0.35% | 0.32% | 0.32% |
| HON HAI PRECISION INDUSTRY CO., LTD. | 0.25% | 0.40% | 0.25% |
| RSRELIANCE INDUSTRIES LIMITED | 0.25% | 0.24% | 0.24% |
What each holds alone
The heaviest positions one fund reports and the other does not.
Only in ACWX
Only in DFEM
Questions people ask
Is ACWX the same as DFEM?
28.6% of their weight sits in the same 650 holdings. ACWX also reports ASML, HSBC, MUFG, which the other does not. DFEM also reports MPI CORPORATION, KINSUS INTERCONNECT TECHNOLOGY CORP, TAIWAN UNION TECHNOLOGY CORPORATION, which the other does not.
How is the overlap between ACWX and DFEM 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 ACWX and 89% of DFEM, so the number cannot exceed the smaller coverage.
Which holds more, DFEM or ACWX?
ACWX reports 1,483 stock positions and DFEM reports 2,205. 67.4% of ACWX's weight sits in names DFEM does not hold, and 27.0% of DFEM's weight in names ACWX does not hold. The ten largest positions are 14.9% of ACWX and 21.9% of DFEM.
How do ACWX and DFEM differ by sector?
The widest gap is Financial Services: ACWX has 7.5 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
ACWX 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.