DFEM vs ACWX overlap
DFEM and ACWX overlap 28.2% by weight, across 910 shared holdings.
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Top shared holdings
| Holding | DFEM | ACWX | Overlap |
|---|---|---|---|
| TSMC2330 | 10.26% | 4.93% | 4.93% |
| Samsung Electron005930 | 4.40% | 2.20% | 2.20% |
| SK Hynix Inc.000660 | 4.25% | 1.70% | 1.70% |
| Tencent700 | 1.95% | 1.02% | 1.02% |
| BABA-W9988 | 0.82% | 0.69% | 0.69% |
| Mediatek2454 | 0.41% | 0.42% | 0.41% |
| CCB-H939 | 0.75% | 0.27% | 0.27% |
| Delta ELEC2308 | 0.36% | 0.26% | 0.26% |
| HON HAI2317 | 0.46% | 0.25% | 0.25% |
| Reliance IndustrRELIANC | 0.27% | 0.22% | 0.22% |
| ICBC-H1398 | 0.35% | 0.17% | 0.17% |
| Xiaomi Corp.-W1810 | 0.24% | 0.17% | 0.17% |
| Bharti AirtelBHARTI | 0.37% | 0.17% | 0.17% |
| ASE Technology H3711 | 0.34% | 0.15% | 0.15% |
| PDD Holdings Inc.PDD | 0.26% | 0.14% | 0.14% |
Overlap by weight adds up the smaller weight of each holding the funds share, so 100% means identical portfolios. Long securities only: derivatives and cash vehicles are left out. Sources: DFEM, SEC Form N-PORT, July 31, 2026; ACWX, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | DFEM | ACWX |
|---|---|---|
| Forum Financial Management, LP | $640.8M | $436K |
| Bank of America Corp. | $31.9M | $525.9M |
| Focus Partners Wealth | $402.3M | $144.2M |
| Morgan Stanley | $3.5M | $514.7M |
| Focus Partners Advisor Solutions, LLC | $358.6M | $931K |
| UBS Group AG | $1.8M | $268.4M |
| Envestnet Asset Management Inc. | $59.7M | $199.5M |
| Sequoia Financial Advisors, LLC | $215.4M | $29.2M |
| LPL Financial LLC | $92.1M | $121.3M |
| JPMorgan Chase & Co | $6.2M | $196.5M |
| Savant Capital, LLC | $177.8M | $4.1M |
| Sageworth Trust Co | $64.0M | $104.9M |
| HighTower Advisors, LLC | $129.7M | $24.9M |
| Forvis Mazars Wealth Advisors, LLC | $130.5M | $278K |
| Cerity Partners LLC | $2.4M | $126.2M |
This compares who owns the funds, not what the funds hold. From SEC Form 13F, for managers with $100M+ in US securities.
Who owns them: DFEM institutional holders, ACWX institutional holders.
Frequently asked questions
How much do DFEM and ACWX overlap?
28.2% by weight, with 910 holdings in common, using holdings for DFEM as of July 31, 2026 and ACWX as of July 31, 2026. The largest shared position is 2330.
Do institutions hold both DFEM and ACWX?
184 Form 13F filers report positions in both, out of 1,155 that report either one.
How is overlap by weight worked out?
For each holding the two funds share, take the smaller of the two weights, then add those up. Identical portfolios score 100%.