Which returned more over the last year, DFAX or FENI?

In the year to Oct 9, 2026, with distributions reinvested, DFAX returned +20.9% and FENI +15.4%.

Which is cheaper, DFAX or FENI?

Neither: DFAX and FENI both charge 0.28% a year. Fees come from each fund's prospectus.

How much do DFAX and FENI overlap with the S&P 500?

By their latest filed holdings, 0% of DFAX and 0% of FENI by weight is stocks the S&P 500 already holds.

Compare their flows Ask IQ about these two funds

DFAX vs FENI: Differences, Returns & Fees

DFAX and FENI hold 21% of their weight in the same names, and DFAX returned +20.9% over the year. Net assets: $12.0bn on Jul 31, 2026 for Dimensional World ex U.S. Core Equity 2 ETF, and $11.5bn on Sep 30, 2026 for Fidelity Enhanced International ETF.

Both cost 0.28% a year; their one-year returns differ by 5.5 points.

Points (pts) are percentage points.

	DFAX	FENI
Expense ratio	0.28%	0.28%
Net assets, DFAX as of Jul 31, 2026 and FENI as of Sep 30, 2026	$12.0bn	$11.5bn
Total return, 1 year	+20.9%	+15.4%
What it tracks	No index, actively managed	No index, actively managed
Holdings in common	21%
Top ten holdings, share of the fund	8.2%	16.5%
Below its high	3.4%, high on Sep 4, 2026	5.0%, high on Aug 13, 2026

Holdings in common uses holdings dated Jun 30, 2026 and Jul 31, 2026.

+20.9%

DFAX total return, 1 year

+15.4%

FENI total return, 1 year

0.28%

DFAX expense ratio

0.28%

FENI expense ratio

What they hold in common

By the books each fund has filed, DFAX and FENI hold 21% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and Jul 31, 2026.

50%

half

21% in common

Positions both hold, largest shared weight first

Holding DFAX FENI

TOTALENERGIES SE 0.54% 0.64%

SHELL PLC 0.48% 0.48%

Nestle S.A. 0.40% 1.74%

Roche Holding AG 0.39% 1.39%

Allianz SE 0.30% 0.30%

HSBC HOLDINGS PLC 0.28% 0.45%

TOYOTA MOTOR CORPORATION 0.38% 0.27%

Mitsubishi UFJ Financial Group, Inc. 0.27% 0.73%

ADVANTEST CORPORATION 0.26% 1.18%

Deutsche Telekom AG 0.26% 0.87%

BHP GROUP LIMITED 0.25% 1.19%

UNICREDIT, SOCIETA PER AZIONI 0.24% 0.64%

Only in DFAX

Taiwan Semiconductor Manufacturing Company Limited 1.86%

Samsung Electronics Co., Ltd. 1.34%

Taiwan Semiconductor Manufacturing Company Limited 0.99%

SK hynix Inc. 0.81%

ASML Holding N.V. 0.62%

Tencent Holdings Limited 0.49%

ROYAL BANK OF CANADA 0.36%

Fujikura Ltd. 0.31%

Only in FENI

INVESTOR AB 0.68%

ORIX CORP 0.66%

AERCAP HOLDINGS NV 0.61%

SEA LTD 0.59%

KYOCERA CORP 0.52%

SOFTBANK GROUP CORP 0.43%

CAPITALAND INTEGRATED COMMERCIAL TRUST 0.26%

NOKIA CORP 0.23%

Check overlap with more funds →

On the same fields

DFAX

Dimensional World ex U.S. Core Equity 2 ETF

FENI

Fidelity Enhanced International ETF

Where it sits Stock ETF Stock ETF

Issuer Dimensional Fidelity

What it is Actively managed Actively managed

Total return, 1 year +20.9% +15.4%

S&P 500 over the same days +17.3% +17.3%

Gap to the S&P 500 +3.6 pts −1.8 pts

Expense ratio 0.28% 0.28%

Already in the S&P 500 0.0% 0.0%

Holdings 10481 386

Net assets, DFAX as of Jul 31, 2026 and FENI as of Sep 30, 2026 $12.0bn $11.5bn

DFAX and FENI on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

DFAX in plain words

DFAX is actively managed and tracks no index. Over the year to Oct 9, 2026 it returned +20.9% with distributions reinvested, against +17.3% for the S&P 500. The prospectus expense ratio is 0.28% a year. By its holdings filed for Jul 31, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 10,481 positions, with the top ten at 8.2%. It sat 3.4% below its high of Sep 4, 2026 on Oct 9, 2026.

FENI in plain words

FENI is actively managed and tracks no index. Over the year to Oct 9, 2026 it returned +15.4% with distributions reinvested, against +17.3% for the S&P 500. By its holdings filed for Jun 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 386 positions, with the top ten at 16.5%. It sat 5.0% below its high of Aug 13, 2026 on Oct 9, 2026.

Questions people ask

Which returned more over the last year, DFAX or FENI?: In the year to Oct 9, 2026, with distributions reinvested, DFAX returned +20.9% and FENI +15.4%.
Which is cheaper, DFAX or FENI?: Neither: DFAX and FENI both charge 0.28% a year. Fees come from each fund's prospectus.
How much do DFAX and FENI overlap with the S&P 500?: By their latest filed holdings, 0% of DFAX and 0% of FENI by weight is stocks the S&P 500 already holds.

Other comparisons

DFAX vs ESGD DFAX vs IMTM DFAX vs IDEV DFAX vs INTF FENI vs VEU FENI vs SEIE FENI vs MFSI FENI vs IMFL

DFAX on its own →FENI on its own →Hold both: look the portfolio through →Rankings →Standards and sources →

Where these figures came from

DFAX filings on SEC EDGAR ↗DFAX prospectus with the expense ratio (SEC) ↗Dimensional website ↗FENI filings on SEC EDGAR ↗FENI prospectus with the expense ratio (SEC) ↗Fidelity website ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, DFAX against FENI, data as of Oct 9, 2026. https://etfiq.com/compare/any/dfax-vs-feni

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.