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

DFAE and MCHI share 17.3% of their weight across 300 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 MCHI

17.3%

300 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

MCHI

iShares MSCI China ETF

Reported positions cover 96% of the fund, 515 positions · May 31, 2026

Top 10: 41.3%·Holdings of MCHI

Reported positions cover DFAE 88%, MCHI 96% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.

MCHI vs DFAE side by side

DFAEDimensional Emerging Core Equity Market ETF

1,742

stock positions reported to the SEC

70.6% of its weight is in 1,442 names MCHI does not hold

MCHIiShares MSCI China ETF

515

stock positions reported to the SEC

10.2% of its weight is in 215 names DFAE does not hold

Where each fund's weight sits

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

Largest sectors for both funds

Technology
18.9%
15.5%
Consumer Cyclical
1.1%
3.1%
Financial Services
1.8%
0.0%
Industrials
0.0%
1.0%
Healthcare
0.0%
0.8%
Basic Materials
0.7%
0.0%

The widest gap is Technology: DFAE has 3.4 points more of it.

The figures side by side

DFAEMCHI
Filing dateApr 30, 2026May 31, 2026
Stock positions reported1,742515
Weight of the ten largest27.5%41.3%
Largest positionTSM 12.2%TENCENT HOLDINGS LIMITED 13.2%
Held alone1,442 positions, 70.6%215 positions, 10.2%
Covered by stock positions88%96%

Holdings they share

StockIn DFAEIn MCHICounted
TENCENT HOLDINGS LIMITED2.65%13.21%2.65%
BABAAlibaba Group Holding Limited1.40%10.14%1.40%
CHINA CONSTRUCTION BANK CORPORATION0.78%4.04%0.78%
PING AN INSURANCE (GROUP) COMPANY OF CHINA, LTD.0.47%2.15%0.47%
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED0.44%2.25%0.44%
XIAOMI CORPORATION0.40%2.35%0.40%
BYD COMPANY LIMITED0.34%1.81%0.34%
BANK OF CHINA LIMITED0.33%1.88%0.33%
MEITUAN0.32%1.84%0.32%
PETROCHINA COMPANY LIMITED0.32%1.20%0.32%

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%
DELTA ELECTRONICS, INC.0.90%
MEDIATEK INC.0.69%
HON HAI PRECISION INDUSTRY CO., LTD.0.53%
PBRPetroleo Brasileiro S.A. (Petrobras)0.49%
RSReliance Industrial Infrastructure Ltd0.46%
HYUNDAI MOTOR COMPANY0.43%
BHARTI AIRTEL LIMITED0.41%

Only in MCHI

BIDUBAIDU, INC.1.44%
JDJD.COM, INC.1.31%
HUA HONG SEMICONDUCTOR LIMITED0.61%
SINO BIOPHARMACEUTICAL LIMITED0.25%
COSCO SHIPPING HOLDINGS CO., LTD.0.24%
EDUNEW ORIENTAL EDUCATION & TECHNOLOGY GROUP INC.0.23%
SENSETIME GROUP INC0.23%
JD HEALTH INTERNATIONAL INC0.21%
JIANGXI COPPER COMPANY LIMITED0.21%
ANHUI CONCH CEMENT COMPANY LIMITED0.15%

Questions people ask

Is DFAE the same as MCHI?

17.3% of their weight sits in the same 300 holdings. DFAE also reports TSM, SAMSUNG ELECTRONICS CO., LTD., SKHY, which the other does not. MCHI also reports BIDU, JD, HUA HONG SEMICONDUCTOR LIMITED, which the other does not.

How is the overlap between DFAE and MCHI 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 96% of MCHI, so the number cannot exceed the smaller coverage.

Which holds more, MCHI or DFAE?

DFAE reports 1,742 stock positions and MCHI reports 515. 70.6% of DFAE's weight sits in names MCHI does not hold, and 10.2% of MCHI's weight in names DFAE does not hold. The ten largest positions are 27.5% of DFAE and 41.3% of MCHI.

How do DFAE and MCHI differ by sector?

The widest gap is Technology: DFAE has 3.4 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.

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.