DFAI vs EWC overlap - what they share and where they differ

DFAI and EWC share 10.9% of their weight across 79 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.

DFAI and EWC

10.9%

79 shared positions

DFAI

Dimensional International Core Equity Market ETF

Reported positions cover 93% of the fund, 1,551 positions · Apr 30, 2026

Top 10: 8.8%·Holdings of DFAI

EWC

iShares MSCI Canada ETF

Reported positions cover 100% of the fund, 83 positions · May 31, 2026

Top 10: 43.0%·Holdings of EWC

Reported positions cover DFAI 93%, EWC 100% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.

EWC vs DFAI side by side

DFAIDimensional International Core Equity Market ETF

1,551

stock positions reported to the SEC

82.1% of its weight is in 1,472 names EWC does not hold

EWCiShares MSCI Canada ETF

83

stock positions reported to the SEC

2.1% of its weight is in 4 names DFAI does not hold

Where each fund's weight sits

DFAI
EWC
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Financial Services
9.3%
27.9%
Basic Materials
3.5%
15.8%
Industrials
0.0%
8.0%
Technology
3.2%
7.7%
Energy
4.0%
7.4%
Healthcare
3.2%
0.0%

The widest gap is Financial Services: EWC has 18.6 points more of it.

The figures side by side

DFAIEWC
Filing dateApr 30, 2026May 31, 2026
Stock positions reported1,55183
Weight of the ten largest8.8%43.0%
Largest positionSHEL 1.1%RY 8.7%
Held alone1,472 positions, 82.1%4 positions, 2.1%
Covered by stock positions93%100%

Holdings they share

StockIn DFAIIn EWCCounted
RYROYAL BANK OF CANADA0.91%8.71%0.91%
TDTHE TORONTO-DOMINION BANK0.61%6.28%0.61%
CNQCANADIAN NATURAL RESOURCES LIMITED0.40%3.08%0.40%
SUSuncor Energy Inc.0.39%2.44%0.39%
BMOBANK OF MONTREAL0.37%3.74%0.37%
ENBEnbridge Inc.0.36%3.89%0.36%
CMCANADIAN IMPERIAL BANK OF COMMERCE0.33%3.30%0.33%
THE BANK OF NOVA SCOTIA0.33%3.22%0.33%
AEMAGNICO EAGLE MINES LIMITED0.30%3.00%0.30%
SHOPSHOPIFY INC.0.30%4.74%0.30%

What each holds alone

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

Only in DFAI

SHELSHELL PLC1.05%
HSBCHS Holdings Co.,Ltd.1.04%
ROCHE HOLDING AG1.00%
AZNASTRAZENECA PLC0.95%
MUFGMitsubishi Corporation0.91%
NESTLE S.A.0.90%
NODKNippon Ski Resort Development Co Ltd0.73%
TTETOTALENERGIES SE0.65%
TMTOYOTA MOTOR CORPORATION0.64%
BHPBHP GROUP LIMITED0.56%

Only in EWC

POWER CORPORATION OF CANADA1.08%
BAMBROOKFIELD ASSET MANAGEMENT LTD.0.64%
TUTELUS CORPORATION0.21%
IGM FINANCIAL INC.0.15%

Questions people ask

Is DFAI the same as EWC?

10.9% of their weight sits in the same 79 holdings. DFAI also reports SHEL, HSBC, ROCHE HOLDING AG, which the other does not. EWC also reports POWER CORPORATION OF CANADA, BAM, TU, which the other does not.

How is the overlap between DFAI and EWC measured?

For every stock both funds report, the smaller of the two weights counts, and the sum is the overlap. The reported positions cover 93% of DFAI and 100% of EWC, so the number cannot exceed the smaller coverage.

Which holds more, EWC or DFAI?

DFAI reports 1,551 stock positions and EWC reports 83. 82.1% of DFAI's weight sits in names EWC does not hold, and 2.1% of EWC's weight in names DFAI does not hold. The ten largest positions are 8.8% of DFAI and 43.0% of EWC.

How do DFAI and EWC differ by sector?

The widest gap is Financial Services: EWC has 18.6 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.