ESGD vs DFAX overlap
ESGD and DFAX overlap 24.1% by weight, across 340 shared holdings.
Pick 2 to 4 ETFs.
These funds report on different dates (ESGD: May 31, 2026, DFAX: July 31, 2026), so market moves and index changes between those dates lower the number. Funds tracking the same index can read well below their true overlap.
Top shared holdings
| Holding | ESGD | DFAX | Overlap |
|---|---|---|---|
| Totalenergies SETTE | 0.67% | 0.55% | 0.55% |
| Nestle SA-REGNESN | 1.13% | 0.40% | 0.40% |
| Roper TechnologiROP | 1.20% | 0.39% | 0.39% |
| Toyota Motor7203 | 0.66% | 0.38% | 0.38% |
| Allianz SE-REGALIZF | 0.68% | 0.30% | 0.30% |
| Mitsubishi UFJ F8306 | 0.82% | 0.27% | 0.27% |
| Advantest Corp.6857 | 0.57% | 0.26% | 0.26% |
| BHP Group Ltd.BHP | 0.92% | 0.25% | 0.25% |
| Unicredit SpaUCG | 0.52% | 0.24% | 0.24% |
| SONY Group Corp.6758 | 0.79% | 0.24% | 0.24% |
| Infineon TechIFX | 0.81% | 0.23% | 0.23% |
| Rolls-Royce HOLDRR/ | 0.61% | 0.23% | 0.23% |
| Hitachi Ltd.6501 | 0.77% | 0.23% | 0.23% |
| Deutsche TelekomDTE | 0.23% | 0.26% | 0.23% |
| Bayer AG-REGBAYN | 0.21% | 0.26% | 0.21% |
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: ESGD, SEC Form N-PORT, May 31, 2026; DFAX, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | ESGD | DFAX |
|---|---|---|
| Bank of America Corp. | $972.2M | $118.1M |
| JPMorgan Chase & Co | $796.6M | $58.1M |
| Northern Trust Corp. | $520.6M | $2.0M |
| Morgan Stanley | $501.0M | $6.9M |
| FMR LLC | $471.0M | $3.7M |
| Betterment LLC | $408.4M | $14.0M |
| LPL Financial LLC | $97.2M | $303.1M |
| Focus Partners Wealth | $6.5M | $382.9M |
| Envestnet Asset Management Inc. | $125.6M | $246.6M |
| UBS Group AG | $160.8M | $99.6M |
| Commonwealth Equity Services, LLC | $87.0M | $163.9M |
| Allworth Financial LP | $218K | $242.9M |
| Mercer Global Advisors Inc. | $152.6M | $44.8M |
| Royal Bank of Canada | $52.4M | $142.3M |
| Glenmede Trust Co NA | $797K | $192.4M |
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: ESGD institutional holders, DFAX institutional holders.
Frequently asked questions
How much do ESGD and DFAX overlap?
24.1% by weight, with 340 holdings in common, using holdings for ESGD as of May 31, 2026 and DFAX as of July 31, 2026. The largest shared position is TTE.
Do institutions hold both ESGD and DFAX?
246 Form 13F filers report positions in both, out of 1,222 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%.