DFAE vs EMXC overlap - what they share and where they differ

DFAE and EMXC share 55.8% of their weight across 523 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.

DFAE and EMXC

55.8%

523 shared positions

DFAE

Dimensional Emerging Core Equity Market ETF

Reported positions cover 88% of the fund, 1,742 positions · Apr 30, 2026

Top 10: 27.5%·Holdings of DFAE

EMXC

iShares MSCI Emerging Markets ex China ETF

Reported positions cover 98% of the fund, 582 positions · May 31, 2026

Top 10: 45.0%·Holdings of EMXC

Reported positions cover DFAE 88%, EMXC 98% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.

EMXC vs DFAE side by side

DFAEDimensional Emerging Core Equity Market ETF

1,742

stock positions reported to the SEC

31.1% of its weight is in 1,219 names EMXC does not hold

EMXCiShares MSCI Emerging Markets ex China ETF

582

stock positions reported to the SEC

5.0% of its weight is in 59 names DFAE does not hold

Where each fund's weight sits

DFAE
EMXC
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Technology
18.9%
28.3%
Financial Services
1.8%
3.7%
Basic Materials
0.7%
2.1%
Consumer Cyclical
1.1%
1.0%
Energy
0.6%
0.8%

The widest gap is Technology: EMXC has 9.4 points more of it.

The figures side by side

DFAEEMXC
Filing dateApr 30, 2026May 31, 2026
Stock positions reported1,742582
Weight of the ten largest27.5%45.0%
Largest positionTSM 12.2%TSM 17.9%
Held alone1,219 positions, 31.1%59 positions, 5.0%
Covered by stock positions88%98%

Holdings they share

StockIn DFAEIn EMXCCounted
TSMTaiwan Semiconductor Company Limited12.23%17.94%12.23%
SAMSUNG ELECTRONICS CO., LTD.4.35%10.82%4.35%
SKHYSK hynix Inc.3.49%8.35%3.49%
DELTA ELECTRONICS, INC.0.90%1.47%0.90%
MEDIATEK INC.0.69%2.04%0.69%
HON HAI PRECISION INDUSTRY CO., LTD.0.53%1.13%0.53%
PBRPetroleo Brasileiro S.A. (Petrobras)0.49%0.72%0.49%
RSReliance Industrial Infrastructure Ltd0.46%0.83%0.46%
HYUNDAI MOTOR COMPANY0.43%0.63%0.43%
BHARTI AIRTEL LIMITED0.41%0.49%0.41%

What each holds alone

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

Only in DFAE

TENCENT HOLDINGS LIMITED2.65%
BABAAlibaba Group Holding Limited1.40%
CHINA CONSTRUCTION BANK CORPORATION0.78%
PING AN INSURANCE (GROUP) COMPANY OF CHINA, LTD.0.47%
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED0.44%
XIAOMI CORPORATION0.40%
BYD COMPANY LIMITED0.34%
BANK OF CHINA LIMITED0.33%
MEITUAN0.32%
PETROCHINA COMPANY LIMITED0.32%

Only in EMXC

SK SQUARE CO., LTD.0.75%
NU HOLDINGS LTD.0.44%
NASPERS LIMITED0.40%
HYUNDAI MOBIS CO.,LTD0.30%
BAJAJ FINANCE LIMITED0.26%
KIA CORPORATION0.26%
SAMSUNG C&T CORPORATION0.24%
HONPRECISION INC0.21%
SCCOSOUTHERN COPPER CORPORATION0.17%
SHRIRAM FINANCE LIMITED0.14%

Questions people ask

Is DFAE the same as EMXC?

55.8% of their weight sits in the same 523 holdings. DFAE also reports TENCENT HOLDINGS LIMITED, BABA, CHINA CONSTRUCTION BANK CORPORATION, which the other does not. EMXC also reports SK SQUARE CO., LTD., NU HOLDINGS LTD., NASPERS LIMITED, which the other does not.

How is the overlap between DFAE and EMXC measured?

For every stock both funds report, the smaller of the two weights counts, and the sum is the overlap. The reported positions cover 88% of DFAE and 98% of EMXC, so the number cannot exceed the smaller coverage.

Which holds more, EMXC or DFAE?

DFAE reports 1,742 stock positions and EMXC reports 582. 31.1% of DFAE's weight sits in names EMXC does not hold, and 5.0% of EMXC's weight in names DFAE does not hold. The ten largest positions are 27.5% of DFAE and 45.0% of EMXC.

How do DFAE and EMXC differ by sector?

The widest gap is Technology: EMXC has 9.4 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.

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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.