EWJ vs DFAI overlap
EWJ and DFAI overlap 16.9% by weight, across 166 shared holdings.
Pick 2 to 4 ETFs.
These funds report on different dates (EWJ: May 31, 2026, DFAI: 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 | EWJ | DFAI | Overlap |
|---|---|---|---|
| Mitsubishi UFJ F8306 | 4.05% | 0.76% | 0.76% |
| Toyota Motor7203 | 3.43% | 0.63% | 0.63% |
| Tokyo Electron8035 | 2.87% | 0.57% | 0.57% |
| SONY Group Corp.6758 | 2.54% | 0.54% | 0.54% |
| Advantest Corp.6857 | 2.39% | 0.54% | 0.54% |
| Hitachi Ltd.6501 | 2.84% | 0.46% | 0.46% |
| SMFG8316 | 2.56% | 0.39% | 0.39% |
| Recruit Holdings6098 | 1.80% | 0.38% | 0.38% |
| Tokio Marine HD8766 | 1.56% | 0.36% | 0.36% |
| Mizuho Financial8411 | 2.14% | 0.34% | 0.34% |
| Fujikura Ltd.5803 | 0.86% | 0.31% | 0.31% |
| Fast Retailing9983 | 1.89% | 0.29% | 0.29% |
| Mitsubishi Corp.8058 | 1.95% | 0.22% | 0.22% |
| KDDI Corp.9433 | 0.96% | 0.21% | 0.21% |
| Murata Mfg Co6981 | 2.01% | 0.20% | 0.20% |
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: EWJ, SEC Form N-PORT, May 31, 2026; DFAI, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | EWJ | DFAI |
|---|---|---|
| BlackRock, Inc. | $2.6B | $1.4M |
| JPMorgan Chase & Co | $2.3B | $6.9M |
| Morgan Stanley | $2.0B | $4.8M |
| Envestnet Asset Management Inc. | $558.7M | $1.1B |
| First Command Advisory Services, Inc. | $419.2M | $630.0M |
| Bank of America Corp. | $478.8M | $429.4M |
| Royal Bank of Canada | $602.4M | $267.0M |
| Goldman Sachs Group Inc. | $559.9M | $1.1M |
| UBS Group AG | $318.6M | $188.4M |
| &Partners | $3.3M | $405.6M |
| Northern Trust Corp. | $4.9M | $324.5M |
| LPL Financial LLC | $115.7M | $196.1M |
| Mariner, LLC | $1.7M | $179.4M |
| MAI Capital Management | $907K | $172.1M |
| Bank of Montreal | $162.5M | $9.1M |
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: EWJ institutional holders, DFAI institutional holders.
Frequently asked questions
How much do EWJ and DFAI overlap?
16.9% by weight, with 166 holdings in common, using holdings for EWJ as of May 31, 2026 and DFAI as of July 31, 2026. The largest shared position is 8306.
Do institutions hold both EWJ and DFAI?
223 Form 13F filers report positions in both, out of 1,388 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%.