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ETF comparison

DFAX vs VWO

International Total vs International Emerging.

Dimensional World ex U.S. Core Equity 2 ETF · Vanguard FTSE Emerging Markets Index Fund ETF Shares

Holdings overlap

Weighted by ISIN/CUSIP
23.2 %

3,406 positions appear in both funds. Buying equal dollars of DFAX and VWO would leave roughly 23.2% of each dollar exposed to the same underlying securities.

DFAX unmatched 72.3% Shared 23.2% VWO unmatched 72.2%

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.

In DFAX only
6,978 positions
Shared
3,406 positions
In VWO only
1,574 positions

Side by side

DFAX

Dimensional World ex U.S. Core Equity 2 ETF

Dimensional · International Total

84 composite / 100
Expense ratio
0.28%
Net assets
$12.40B
TTM yield
2.49%
Top-10 conc.
8.2%
VWO

Vanguard FTSE Emerging Markets Index Fund ETF Shares

Vanguard · International Emerging

89 composite / 100
Expense ratio
0.060%
Net assets
$164.66B
whole fund, 5 share classes
TTM yield
2.14%
Top-10 conc.
27.4%

Sub-score comparison

72
Cost
94
78
Tax efficiency
76
100
Liquidity
100
100
Concentration
75
—
Tracking quality
—
DFAX sub-score VWO

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

VWO is 22 bps cheaper than DFAX. On a $100,000 position that's about $220/yr more in fees for DFAX.

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 DFAX vs VWO.

Top shared holdings

3,406 shared in total
# Holding In DFAX In VWO Overlap
1 Taiwan Semiconductor Manufacturing Company Limited 1.87% 15.56% 1.87%
2 Tencent Holdings Limited 0.49% 3.31% 0.49%
3 MediaTek Inc. 0.21% 1.36% 0.21%
4 Alibaba Group Holding Limited 0.20% 2.41% 0.20%
5 CHINA CONSTRUCTION BANK CORPORATION 0.19% 0.90% 0.19%
6 UNIMICRON TECHNOLOGY CORP. 0.18% 0.27% 0.18%
7 ASE Technology Holding Co., Ltd. 0.16% 0.49% 0.16%
8 Ping An Insurance (Group) Company of China, Ltd. 0.13% 0.42% 0.13%
9 CTBC Financial Holding Co., Ltd. 0.12% 0.30% 0.12%
10 HON HAI PRECISION INDUSTRY CO., LTD. 0.12% 0.81% 0.12%
11 TS Financial Holding Co., Ltd. 0.12% 0.22% 0.12%
12 Asia Vital Components Co., Ltd. 0.11% 0.19% 0.11%

Only in DFAX

6,978 total
  • Samsung Electronics Co., Ltd. 1.34%
  • SK hynix Inc. 0.81%
  • Novartis AG 0.67%
  • ASML Holding N.V. 0.62%
  • TOTALENERGIES SE 0.54%
  • SHELL PLC 0.48%
  • Nestle S.A. 0.40%
  • Roche Holding AG 0.39%
  • TOYOTA MOTOR CORPORATION 0.38%
  • Fujikura Ltd. 0.31%

Only in VWO

1,574 total
  • Bajaj Finance Ltd 0.28%
  • Baidu Inc 0.26%
  • Delta Electronics Thailand PCL 0.20%
  • Contemporary Amperex Technology Co Ltd 0.14%
  • Itausa SA 0.14%
  • Shriram Finance Ltd 0.13%
  • PTT PCL 0.12%
  • Hua Hong Grace Semiconductor Ltd 0.10%
  • Kasikornbank PCL 0.09%
  • Advanced Info Service PCL 0.09%

Percentages are holdings overlap with the named fund.

Open DFAX or VWO 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.