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

DFIC and EWC share 9.5% of their weight across 78 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.

DFIC and EWC

9.5%

78 shared positions

DFIC

Dimensional International Core Equity 2 ETF

Reported positions cover 90% of the fund, 1,937 positions · Apr 30, 2026

Top 10: 6.4%·Holdings of DFIC

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 DFIC 90%, 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 DFIC side by side

DFICDimensional International Core Equity 2 ETF

1,937

stock positions reported to the SEC

80.8% of its weight is in 1,859 names EWC does not hold

EWCiShares MSCI Canada ETF

83

stock positions reported to the SEC

2.5% of its weight is in 5 names DFIC does not hold

Where each fund's weight sits

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

Largest sectors for both funds

Financial Services
6.2%
27.9%
Basic Materials
3.6%
15.8%
Industrials
0.0%
8.0%
Technology
1.7%
7.7%
Energy
2.8%
7.4%
Healthcare
1.7%
0.0%

The widest gap is Financial Services: EWC has 21.7 points more of it.

The figures side by side

DFICEWC
Filing dateApr 30, 2026May 31, 2026
Stock positions reported1,93783
Weight of the ten largest6.4%43.0%
Largest positionNODK 1.2%RY 8.7%
Held alone1,859 positions, 80.8%5 positions, 2.5%
Covered by stock positions90%100%

Holdings they share

StockIn DFICIn EWCCounted
RYROYAL BANK OF CANADA0.81%8.71%0.81%
SUSuncor Energy Inc.0.38%2.44%0.38%
CNQCANADIAN NATURAL RESOURCES LIMITED0.36%3.08%0.36%
TDTHE TORONTO-DOMINION BANK0.36%6.28%0.36%
NBHCNATIONAL BANK OF CANADA0.28%1.85%0.28%
CVECenovus Energy Incorporation .0.27%1.27%0.27%
KGCKINROSS GOLD CORPORATION0.27%1.19%0.27%
AEMAGNICO EAGLE MINES LIMITED0.23%3.00%0.23%
FAIRFAX FINANCIAL HOLDINGS LIMITED0.23%1.04%0.23%
BBARRICK MINING CORPORATION0.22%2.34%0.22%

What each holds alone

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

Only in DFIC

NODKNilorngruppen AB1.19%
TTETOTALENERGIES SE0.82%
NESTLE S.A.0.63%
TMTOYOTA MOTOR CORPORATION0.56%
ROCHE HOLDING AG0.53%
RIORIO TINTO LIMITED0.52%
AZNASTRAZENECA PLC0.46%
DEUTSCHE TELEKOM AG0.45%
MUFGMitsubishi Corporation0.45%
BHPBHP GROUP LIMITED0.42%

Only in EWC

POWER CORPORATION OF CANADA1.08%
BAMBROOKFIELD ASSET MANAGEMENT LTD.0.64%
TRITHOMSON REUTERS CORPORATION0.44%
TUTELUS CORPORATION0.21%
IGM FINANCIAL INC.0.15%

Questions people ask

Is DFIC the same as EWC?

9.5% of their weight sits in the same 78 holdings. DFIC also reports NODK, TTE, NESTLE S.A., which the other does not. EWC also reports POWER CORPORATION OF CANADA, BAM, TRI, which the other does not.

How is the overlap between DFIC 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 90% of DFIC and 100% of EWC, so the number cannot exceed the smaller coverage.

Which holds more, EWC or DFIC?

DFIC reports 1,937 stock positions and EWC reports 83. 80.8% of DFIC's weight sits in names EWC does not hold, and 2.5% of EWC's weight in names DFIC does not hold. The ten largest positions are 6.4% of DFIC and 43.0% of EWC.

How do DFIC and EWC differ by sector?

The widest gap is Financial Services: EWC has 21.7 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.