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

DFAE and INDA share 8.9% of their weight across 150 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 INDA

8.9%

150 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

INDA

iShares MSCI India ETF

Reported positions cover 100% of the fund, 168 positions · May 31, 2026

Top 10: 33.7%·Holdings of INDA

Reported positions cover DFAE 88%, INDA 100% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.

INDA vs DFAE side by side

DFAEDimensional Emerging Core Equity Market ETF

1,742

stock positions reported to the SEC

79.1% of its weight is in 1,592 names INDA does not hold

INDAiShares MSCI India ETF

168

stock positions reported to the SEC

7.1% of its weight is in 18 names DFAE does not hold

Where each fund's weight sits

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

Largest sectors for both funds

Technology
18.9%
4.9%
Financial Services
1.8%
11.5%
Consumer Cyclical
1.1%
6.2%
Basic Materials
0.7%
0.0%
Energy
0.6%
0.0%
Healthcare
0.0%
0.5%

The widest gap is Technology: DFAE has 14.0 points more of it.

The figures side by side

DFAEINDA
Filing dateApr 30, 2026May 31, 2026
Stock positions reported1,742168
Weight of the ten largest27.5%33.7%
Largest positionTSM 12.2%RS 6.2%
Held alone1,592 positions, 79.1%18 positions, 7.1%
Covered by stock positions88%100%

Holdings they share

StockIn DFAEIn INDACounted
RSReliance Industrial Infrastructure Ltd0.46%6.23%0.46%
BHARTI AIRTEL LIMITED0.41%3.63%0.41%
HDBHDFC BANK LIMITED0.34%6.15%0.34%
MAHINDRA AND MAHINDRA LIMITED0.23%2.20%0.23%
AXIS BANK LIMITED0.22%2.23%0.22%
INTRInteractive Digital Technologies Inc.0.22%0.63%0.22%
TATA CONSULTANCY SERVICES LIMITED0.20%1.54%0.20%
LARSEN AND TOUBRO LIMITED0.19%2.13%0.19%
TATA STEEL LIMITED0.18%1.18%0.18%
HINDALCO INDUSTRIES LIMITED0.17%1.15%0.17%

What each holds alone

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

Only in DFAE

TSMTaiwan Semiconductor Company Limited12.23%
SAMSUNG ELECTRONICS CO., LTD.4.35%
SKHYSK hynix Inc.3.49%
TENCENT HOLDINGS LIMITED2.65%
BABAAlibaba Group Holding Limited1.40%
DELTA ELECTRONICS, INC.0.90%
CHINA CONSTRUCTION BANK CORPORATION0.78%
MEDIATEK INC.0.69%
HON HAI PRECISION INDUSTRY CO., LTD.0.53%
PBRPetroleo Brasileiro S.A. (Petrobras)0.49%

Only in INDA

BAJAJ FINANCE LIMITED1.92%
SHRIRAM FINANCE LIMITED1.01%
JIO FINANCIAL SERVICES LIMITED0.52%
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LIMITED0.49%
POWER FINANCE CORPORATION LIMITED0.48%
MUTHOOT FINANCE LIMITED0.31%
REC LIMITED0.31%
SWIGGY LIMITED0.27%
ADITYA BIRLA CAPITAL LIMITED0.22%
BAJAJ HOLDINGS & INVESTMENT LIMITED.0.22%

Questions people ask

Is DFAE the same as INDA?

8.9% of their weight sits in the same 150 holdings. DFAE also reports TSM, SAMSUNG ELECTRONICS CO., LTD., SKHY, which the other does not. INDA also reports BAJAJ FINANCE LIMITED, SHRIRAM FINANCE LIMITED, JIO FINANCIAL SERVICES LIMITED, which the other does not.

How is the overlap between DFAE and INDA 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 100% of INDA, so the number cannot exceed the smaller coverage.

Which holds more, INDA or DFAE?

DFAE reports 1,742 stock positions and INDA reports 168. 79.1% of DFAE's weight sits in names INDA does not hold, and 7.1% of INDA's weight in names DFAE does not hold. The ten largest positions are 27.5% of DFAE and 33.7% of INDA.

How do DFAE and INDA differ by sector?

The widest gap is Technology: DFAE has 14.0 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.

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.