DFEM vs VWO: holdings overlap, shared companies and scores
As of October 28, 2026, DFEM and VWO overlap 59.9% by weight. Dimensional Emerging Markets Core Equity 2 ETF (DFEM): Emerging market equities. Vanguard FTSE Emerging Markets ETF (VWO): Emerging market stocks.
Updated October 28, 2026
Where DFEM and VWO trade against their own history
DFEM trades at 13.0 times earnings, against its own median of 13.2, and is cheaper than 59% of its own last 4 years.
VWO trades at 15.2 times earnings, against its own median of 13.8, and is more expensive than 71% of its own last 9 years.
What moved DFEM and VWO this week
DFEM fell 0.9% in the week to October 28, 2026. The holdings that moved it most were Petroleo Brasileiro SA Preference (−14.3%), Petroleo Brasil SP Pref Petrobras (−14.7%) and Nu Holdings (−20.5%); SK Hynix (+13.6%) pushed the other way.
VWO fell 2.0% in the week to October 28, 2026. The holdings that moved it most were Alibaba (−4.6%), Itau Unibanco (−23.3%) and B3 SA - Brasil Bolsa Balcao (−41.1%); Mediatek (+2.4%) pushed the other way.
What do DFEM and VWO each hold?
What's inside DFEM: Tech 37%, Semiconductors 20%.
23% of DFEM is its ten largest holdings.
What's inside VWO: Tech 34%, Semiconductors 23%.
29% of VWO is its ten largest holdings.
How much do DFEM and VWO overlap? 59.9% by weight
As of October 28, 2026, DFEM and VWO overlap 59.9% by weight.
73% of DFEM is already inside VWO.
91% of VWO is already inside DFEM.
DFEM holds 6,766 companies and VWO holds 4,974; 3,613 are in both.
Computed by ETF Copilot from both funds' holdings rather than quoted from a data provider, and rebuilt nightly.
How does ETF Copilot score DFEM and VWO? 6.5 and 4.6 out of 10
As of October 28, 2026, ETF Copilot scores DFEM 6.5 out of 10 and VWO 4.6 out of 10.
They differ most on Return: DFEM 5.8 and VWO 2.2.
The five factor scores behind them are set out below, 0–10 and higher is better, ranked against every US equity ETF we track.
| Factor | DFEM | VWO |
|---|---|---|
| Growth | 8.4 | 7.0 |
| Value | 5.1 | 2.7 |
| Risk | 6.6 | 5.0 |
| Quality | 6.1 | 6.2 |
| Return | 5.8 | 2.2 |
VWO is the cheaper of the two at 0.06% a year
As of October 28, 2026, DFEM charges 0.39% a year, yields 2.07% and holds $9.1B in assets across 6766 positions.
As of October 28, 2026, VWO charges 0.06% a year, yields 2.13% and holds $171.3B in assets across 4974 positions.
| Measure | DFEM | VWO |
|---|---|---|
| Expense ratio | 0.39% | 0.06% |
| Dividend yield | 2.07% | 2.13% |
| Assets under management | $9.1B | $171.3B |
| Holdings | 6766 | 4974 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Compare with similar funds
Cite this
ETF Copilot, “DFEM vs VWO holdings overlap and scores”, as of October 28, 2026.
https://etf-copilot.com/compare/dfem-vs-vwo
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