Which returned more over the last year, DFIC or IQDF?

In the year to Oct 9, 2026, with distributions reinvested, DFIC returned +17.4% and IQDF +24.5%.

Which is cheaper, DFIC or IQDF?

DFIC is cheaper, by 0.25 percentage points a year. That is about $25 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do DFIC and IQDF overlap with the S&P 500?

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

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DFIC vs IQDF: Differences, Returns & Fees

DFIC and IQDF hold 15% of their weight in the same names, and IQDF returned +24.5% over the year. Net assets on Jul 31, 2026: $14.8bn for Dimensional International Core Equity 2 ETF and $1.2bn for Northern Trust International Quality Dividend ETF.

DFIC costs 0.25 points a year less; their one-year returns differ by 7.1 points; DFIC is 12.8 times larger.

	DFIC	IQDF
Expense ratio	0.22%	0.47%
Net assets, as of Jul 31, 2026	$14.8bn	$1.2bn
Total return, 1 year	+17.4%	+24.5%
What it tracks	No index, actively managed	not read by ETFIQ
Holdings in common	15%
Top ten holdings, share of the fund	6.9%	19.8%
Below its high	4.8%, high on Aug 25, 2026	4.3%, high on Sep 8, 2026

Holdings in common uses holdings dated Jul 31, 2026.

+17.4%

DFIC total return, 1 year

+24.5%

IQDF total return, 1 year

0.22%

DFIC expense ratio

0.47%

IQDF expense ratio

What they hold in common

By the books each fund has filed, DFIC and IQDF hold 15% 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 Jul 31, 2026.

50%

half

15% in common

Positions both hold, largest shared weight first

Holding DFIC IQDF

TOTALENERGIES SE 0.72% 0.98%

Roche Holding AG 0.63% 1.27%

ROYAL BANK OF CANADA 0.67% 0.63%

Nestle S.A. 0.62% 1.02%

BHP GROUP LIMITED 0.42% 1.44%

UNICREDIT, SOCIETA PER AZIONI 0.40% 1.17%

Mitsubishi UFJ Financial Group, Inc. 0.36% 0.70%

THE TORONTO-DOMINION BANK 0.35% 1.05%

RIO TINTO PLC 0.34% 0.73%

CANADIAN NATURAL RESOURCES LIMITED 0.33% 0.67%

Hitachi, Ltd. 0.32% 0.57%

Deutsche Post AG 0.32% 0.42%

Only in DFIC

ASML Holding N.V. 1.05%

SHELL PLC 0.98%

Novartis AG 0.76%

HSBC HOLDINGS PLC 0.49%

Allianz SE 0.48%

Banco Bilbao Vizcaya Argentaria, S.A. 0.48%

TOYOTA MOTOR CORPORATION 0.46%

ROLLS-ROYCE HOLDINGS PLC 0.45%

Only in IQDF

Taiwan Semiconductor Manufacturing Co. Ltd. 4.55%

MediaTek, Inc. 1.99%

Samsung Electronics Co. Ltd. 1.92%

SK hynix, Inc. 1.34%

Erste Bank Polska SA 0.89%

BB Seguridade Participacoes SA 0.88%

Talabat Holding plc 0.88%

Bosideng International Holdings Ltd. 0.86%

Check overlap with more funds →

On the same fields

DFIC

Dimensional International Core Equity 2 ETF

IQDF

Northern Trust International Quality Dividend ETF

Where it sits Stock ETF Stock ETF

Issuer Dimensional Northern Trust

What it is Actively managed Tracks an index

Total return, 1 year +17.4% +24.5%

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

Gap to the S&P 500 +0.2 pts +7.2 pts

Expense ratio 0.22% 0.47%

Already in the S&P 500 0.1% 0.0%

Holdings 4118 182

Net assets, as of Jul 31, 2026 $14.8bn $1.2bn

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

DFIC in plain words

DFIC is actively managed and tracks no index. Over the year to Oct 9, 2026 it returned +17.4% with distributions reinvested, against +17.3% for the S&P 500. The prospectus expense ratio is 0.22% 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 4,118 positions, with the top ten at 6.9%. It sat 4.8% below its high of Aug 25, 2026 on Oct 9, 2026.

IQDF in plain words

IQDF tracks an index. Over the year to Oct 9, 2026 it returned +24.5% with distributions reinvested, against +17.3% for the S&P 500. The prospectus expense ratio is 0.47% 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 182 positions, with the top ten at 19.8%. It sat 4.3% below its high of Sep 8, 2026 on Oct 9, 2026.

Questions people ask

Which returned more over the last year, DFIC or IQDF?: In the year to Oct 9, 2026, with distributions reinvested, DFIC returned +17.4% and IQDF +24.5%.
Which is cheaper, DFIC or IQDF?: DFIC is cheaper, by 0.25 percentage points a year. That is about $25 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do DFIC and IQDF overlap with the S&P 500?: By their latest filed holdings, 0% of DFIC and 0% of IQDF by weight is stocks the S&P 500 already holds.

Other comparisons

DFIC vs DFSI DFIC vs SEIE DFIC vs MFSI DFIC vs IMFL IQDF vs VEA IQDF vs IQLT ESGD vs IQDF FENI vs IQDF

DFIC on its own →IQDF on its own →Hold both: look the portfolio through →Rankings →Standards and sources →

Where these figures came from

DFIC filings on SEC EDGAR ↗DFIC prospectus with the expense ratio (SEC) ↗Dimensional website ↗IQDF filings on SEC EDGAR ↗IQDF prospectus with the expense ratio (SEC) ↗

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, DFIC against IQDF, data as of Oct 9, 2026. https://etfiq.com/compare/any/dfic-vs-iqdf

Open data

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