ETF comparison
CWI vs DFAX
Both International Total.
State Street SPDR MSCI ACWI ex-US ETF · Dimensional World ex U.S. Core Equity 2 ETF
Holdings overlap
1,008 positions appear in both funds. Buying equal dollars of CWI and DFAX would leave roughly 38.9% of each dollar exposed to the same underlying securities.
Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — see what we don't score for why.
Cost difference
DFAX is 2 bps cheaper than CWI. On a $100,000 position that's about $20/yr more in fees for CWI.
Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with CWI vs DFAX.
Top shared holdings
1,008 shared in total| # | Holding | In CWI | In DFAX | Overlap |
|---|---|---|---|---|
| 1 | Taiwan Semiconductor Manufacturing Co Ltd | 5.38% | 0.99% | 0.99% |
| 2 | SK hynix Inc | 2.56% | 0.81% | 0.81% |
| 3 | Tencent Holdings Ltd | 0.89% | 0.49% | 0.49% |
| 4 | Nestle SA | 0.72% | 0.40% | 0.40% |
| 5 | Roche Holding AG | 0.82% | 0.39% | 0.39% |
| 6 | Toyota Motor Corp | 0.45% | 0.38% | 0.38% |
| 7 | Allianz SE | 0.55% | 0.30% | 0.30% |
| 8 | Samsung Electronics Co Ltd | 2.90% | 0.29% | 0.29% |
| 9 | Mitsubishi UFJ Financial Group Inc | 0.61% | 0.27% | 0.27% |
| 10 | Deutsche Telekom AG | 0.27% | 0.26% | 0.26% |
| 11 | Advantest Corp | 0.39% | 0.26% | 0.26% |
| 12 | Royal Bank of Canada | 0.90% | 0.26% | 0.26% |
Only in CWI
124 total- SoftBank Group Corp 0.38%
- SK Square Co Ltd 0.26%
- Spotify Technology SA 0.19%
- ORIX Corp 0.18%
- Samsung Electronics Co Ltd 0.16%
- Investor AB 0.16%
- Kyocera Corp 0.14%
- Nebius Group NV 0.12%
- 3i Group PLC 0.12%
- Delta Electronics Thailand PCL 0.11%
Only in DFAX
9,376 total- Taiwan Semiconductor Manufacturing Company Limited 1.87%
- Samsung Electronics Co., Ltd. 1.34%
- Novartis AG 0.67%
- ASML Holding N.V. 0.62%
- TOTALENERGIES SE 0.54%
- SHELL PLC 0.48%
- HSBC HOLDINGS PLC 0.28%
- BP P.L.C. 0.25%
- Banco Bilbao Vizcaya Argentaria, S.A. 0.22%
- ASTRAZENECA PLC 0.20%
Related comparisons
More comparisons with CWI
- CWI vs VT · Vanguard Total World Stock Index Fund ETF Shares 26.2%
- CWI vs DFIV · Dimensional International Value ETF 24.1%
- CWI vs IEMG · iShares Core MSCI Emerging Markets ETF 20.4%
- CWI vs VWO · Vanguard FTSE Emerging Markets Index Fund ETF Shares 15.4%
- CWI vs ACWX · iShares MSCI ACWI ex U.S. ETF 74.7%
- CWI vs VEU · Vanguard FTSE All-World ex-US Index Fund ETF Shares 69.6%
More comparisons with DFAX
- DFAX vs VT · Vanguard Total World Stock Index Fund ETF Shares 30.5%
- DFAX vs IEMG · iShares Core MSCI Emerging Markets ETF 27.0%
- DFAX vs DFIV · Dimensional International Value ETF 24.4%
- DFAX vs VWO · Vanguard FTSE Emerging Markets Index Fund ETF Shares 23.2%
- DFAX vs IXUS · iShares Core MSCI Total International Stock ETF 56.4%
- DFAX vs VXUS · Vanguard Total International Stock Index Fund ETF Shares 56.3%
Percentages are holdings overlap with the named fund.
Open CWI or DFAX at a brokerage
Both funds trade commission-free at major US brokerages.
Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.
Holdings overlap is the sum of min(weight_a, weight_b) over positions
matched on ISIN (CUSIP fallback). Methodology: see
/methodology/.
Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.