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

DFEM and EMXC share 44.7% of their weight across 497 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.

DFEM and EMXC

44.7%

497 shared positions

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

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 DFEM 89%, 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 DFEM side by side

DFEMDimensional Emerging Markets Core Equity 2 ETF

2,205

stock positions reported to the SEC

41.9% of its weight is in 1,708 names EMXC does not hold

EMXCiShares MSCI Emerging Markets ex China ETF

582

stock positions reported to the SEC

7.2% of its weight is in 85 names DFEM does not hold

Where each fund's weight sits

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

Largest sectors for both funds

Technology
15.2%
28.3%
Financial Services
1.4%
3.7%
Basic Materials
0.0%
2.1%
Consumer Cyclical
0.9%
1.0%
Energy
0.7%
0.8%
Industrials
0.7%
0.0%

The widest gap is Technology: EMXC has 13.2 points more of it.

The figures side by side

DFEMEMXC
Filing dateApr 30, 2026May 31, 2026
Stock positions reported2,205582
Weight of the ten largest21.9%45.0%
Largest positionTSM 9.2%TSM 17.9%
Held alone1,708 positions, 41.9%85 positions, 7.2%
Covered by stock positions89%98%

Holdings they share

StockIn DFEMIn EMXCCounted
TSMTaiwan Semiconductor Company Limited9.24%17.94%9.24%
SAMSUNG ELECTRONICS CO., LTD.3.72%10.82%3.72%
SKHYSK hynix Inc.3.20%8.35%3.20%
PBRPetroleo Brasileiro S.A. (Petrobras)0.52%0.72%0.52%
DELTA ELECTRONICS, INC.0.51%1.47%0.51%
HYUNDAI MOTOR COMPANY0.44%0.63%0.44%
UNIMICRON TECHNOLOGY CORP.0.47%0.43%0.43%
HON HAI PRECISION INDUSTRY CO., LTD.0.40%1.13%0.40%
BHARTI AIRTEL LIMITED0.35%0.49%0.35%
ELITE MATERIAL CO., LTD.0.33%0.48%0.33%

What each holds alone

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

Only in DFEM

TENCENT HOLDINGS LIMITED1.95%
BABAAlibaba Group Holding Limited0.95%
CHINA CONSTRUCTION BANK CORPORATION0.75%
PING AN INSURANCE (GROUP) COMPANY OF CHINA, LTD.0.54%
MPI CORPORATION0.45%
PETROCHINA COMPANY LIMITED0.35%
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED0.31%
MEITUAN0.29%
BANK OF CHINA LIMITED0.28%
ZIJIN MINING GROUP COMPANY LIMITED0.27%

Only in EMXC

SK SQUARE CO., LTD.0.75%
VALEVALE S.A.0.58%
NU HOLDINGS LTD.0.44%
NASPERS LIMITED0.40%
GFIGold Fields Limited0.35%
HYUNDAI MOBIS CO.,LTD0.30%
BAJAJ FINANCE LIMITED0.26%
KIA CORPORATION0.26%
SAMSUNG C&T CORPORATION0.24%
HONPRECISION INC0.21%

Questions people ask

Is DFEM the same as EMXC?

44.7% of their weight sits in the same 497 holdings. DFEM also reports TENCENT HOLDINGS LIMITED, BABA, CHINA CONSTRUCTION BANK CORPORATION, which the other does not. EMXC also reports SK SQUARE CO., LTD., VALE, NU HOLDINGS LTD., which the other does not.

How is the overlap between DFEM 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 89% of DFEM and 98% of EMXC, so the number cannot exceed the smaller coverage.

Which holds more, EMXC or DFEM?

DFEM reports 2,205 stock positions and EMXC reports 582. 41.9% of DFEM's weight sits in names EMXC does not hold, and 7.2% of EMXC's weight in names DFEM does not hold. The ten largest positions are 21.9% of DFEM and 45.0% of EMXC.

How do DFEM and EMXC differ by sector?

The widest gap is Technology: EMXC has 13.2 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.