DFIC vs EPIN: Grades, Fees and Holdings Compared

Dimensional International Core Equity 2 ETF

DFICACboe

Harbor International Equity ETF (EPIN)

EPINDNYSE Arca

Overlap

3.8%by weight

Expense ratio

DFIC −0.58pt a year

DFIC0.22%EPIN0.80%

Avg volume · 30D

DFIC 2887.5×the volume

DFIC1.85MEPIN641

DFIC vs EPIN Performance

Oct 31, 2025 – Oct 30, 2026

+16.8%DFIC+23.7%EPIN

Expense ratio: DFIC 0.22%, better; EPIN 0.80%
Fund size: DFIC $15.3B; EPIN $8M
1Y total return: DFIC +16.8%; EPIN +23.7%, better
Yield (12M): DFIC 2.55%; EPIN No data
Holdings: DFIC 4152; EPIN 65
Avg volume (30D): DFIC 1.85M sh, better; EPIN 641 sh
NAV per share: DFIC $37.56; EPIN $27.55
52W range

ETF.net Grade

Pillar letters and Scores for DFIC, EPIN, with each pillar’s weight
Pillar	DFIC	EPIN
Cost30% weight	A98Higher	F19
Mission25% weight	A100	Not scored
Risk15% weight	B69Higher	C52
Tradability15% weight	A81Higher	F15
Holdings10% weight	A91Higher	C44
Durability5% weight	A91Higher	D27

Rank among International Active Equity funds

How we build Categories ›

Same Category. DFIC and EPIN are both graded against the same 55 International Active Equity funds, so their Grades compare head to head.

International Active Equity⁠

Category · 55 funds

See all 55 ›

DFIC ranks 1st and EPIN 49th of 55 funds in the International Active Equity Category.

Rank 1AAVDEAvantis International Equity ETFScore 87
Rank 1ADFICDimensional International Core Equity 2 ETFScore 87
Rank 3AJIREJPMorgan International Research Enhanced Equity ETFScore 79
Rank 48DIVSXApplied Finance IVS International SMID ETFScore 30
Rank 49DEPINHarbor International Equity ETF (EPIN)Score 28
Rank 49DTXUGThornburg International Growth Fund ETFScore 28

Our read on each fund

ETF.net Research

DFICADimensional International Core Equity 2 ETF

EPINDHarbor International Equity ETF (EPIN)

In short

DFIC No data

EPIN Harbor doesn't pick the stocks here. It hires EARNEST Partners, an employee-owned boutique, to run a concentrated book of roughly 60 companies from developed markets outside the US, delivered in an ETF.

Stated mandate

DFIC No data

EPIN The Fund invests primarily in equity securities, principally common stocks, of companies across developed markets outside the United States.

Why people hold it

DFIC No data

EPIN Roughly 60 names, not a thousand. A bottom-up, research-driven portfolio where every holding has to earn its slot rather than ride along in an index.harborcapital.com
Clean mandate: common stocks of companies based in developed markets outside the US. No emerging-market drift, no bond sleeve, no hedging overlay.
Harbor's whole model is renting talent, curating outside boutique managers instead of running money in-house. EARNEST Partners has been selecting stocks for over 25 years.harborcapital.com

Worth knowing

DFIC No data

EPIN 0.80% a year sits above the typical active international fund (0.60%), and systematic rivals such as AVDE (0.23%) and DFIC (0.22%) charge a fraction of it.
Launched in 2025 and lightly traded so far, so there's little live record to judge the process by and spreads can run wider than at the category's giants.
The subadvisor weighs certain ESG factors when judging company quality, so names can be included or excluded for reasons other than the numbers.harborcapital.com

Full DFIC profile⁠

Full EPIN profile⁠

DFIC vs EPIN Holdings

How DFIC and EPIN differ

Overlap by weight

3.8%

Shared holdings make up 53.5% of EPIN and 3.8% of DFIC.

Level by level

Holdings29 in both3.8%
Countryby domicile55.1%
Sector11 Sectors76.4%
Asset classEquity100%

Sector

Sector weights in DFIC and EPIN, widest gap first
Sector	More in DFICMore in EPIN	DFIC	EPIN
Technology	EPIN +18.8 points	8.4%	27.2%
Materials	DFIC +3.8 points	11.0%	7.2%
Energy	DFIC +3.5 points	7.8%	4.3%
Consumer Discretionary	DFIC +3.4 points	9.4%	6.0%
Industrials	EPIN +3.4 points	19.3%	22.6%
Communication	DFIC +3.3 points	4.1%	0.8%
Utilities	DFIC +3.2 points	3.2%	0.0%
Consumer Staples	DFIC +2.9 points	6.3%	3.4%
Financials	DFIC +2.0 points	21.8%	19.8%
Real Estate	DFIC +1.6 points	1.6%	0.0%
Health Care	EPIN +1.4 points	7.2%	8.6%

Country, concentration and asset class

Country by domicile

Country weights in DFIC and EPIN, widest gap first
Country	More in DFICMore in EPIN	DFIC	EPIN
Japan	DFIC +16.3 points	24.4%	8.1%
Taiwan	EPIN +10.3 points	0.0%	10.3%
Canada	DFIC +8.2 points	11.6%	3.4%
Australia	DFIC +5.9 points	5.9%	0.0%
United Kingdom	EPIN +4.2 points	11.4%	15.6%
United States	EPIN +3.7 points	1.2%	4.9%
Norway	EPIN +3.2 points	0.9%	4.1%
South Korea	EPIN +3.2 points	0.0%	3.2%
Other countries (25)	EPIN +5.8 points	44.6%	50.4%

Outside the US: DFIC 98% developed, 2% emerging. EPIN 70% developed, 30% emerging.

Concentration

Weight in the 10 largest Holdings

DFIC7.1%
EPIN32.7%

Securities held

DFIC4,131
EPIN62

Asset class

DFIC: Equity
EPIN: Equity

Holdings

Only in DFIC4,102
In both29
Only in EPIN33

Only in DFIC

4,102 securities, 95.7% of DFIC by weight

Shell PLC1.15%
Asml Holding NV1.09%
Totalenergies SE0.76%
Nestle SA0.64%
Royal Bank of Canada0.64%
Allianz SE0.49%
Toyota Motor Corp0.46%
Bp PLC0.44%
Banco Bilbao Vizcaya Arge0.41%
Suncor Energy Inc.0.41%
Bhp Group Ltd0.39%
Rolls-Royce Holdings PLC0.39%
Hsbc Holdings PLC0.39%
Deutsche Telekom AG0.38%
Canadian Natural Resource0.37%
Toronto-Dominion Bank0.37%
Bayer AG0.36%
Mitsubishi Ufj Financial0.36%
Unicredit Spa0.34%
Sony Group Corp0.33%
Basf SE0.33%
Astrazeneca PLC0.33%
Advantest Corp0.33%
Tesco PLC0.31%
Infineon Technologies AG0.31%
Dhl AG0.30%
Recruit Holdings Co Ltd0.30%
Eni Spa0.30%
E.on SE0.29%
Rio Tinto PLC0.29%
Engie SA0.28%
Cenovus Energy Inc0.27%
Repsol SA0.27%
Siemens AG0.26%
Orange SA0.26%
National Bank of Canada0.25%
Muenchener Rueckversicher0.25%
Bhp Group Ltd0.25%
Tokyo Electron Ltd0.24%
Siemens Energy AG0.24%
Intact Financial Corp0.24%
Dbs Group Holdings Ltd0.23%
Standard Chartered PLC0.23%
Zurich Insurance Group AG0.23%
Barrick Mining Corp0.23%
Vinci SA0.22%
Tokio Marine Holdings Inc0.22%
Cie De Saint-Gobain0.22%
Abb Ltd0.22%
Sandoz Group AG0.22%

Only in EPIN

33 securities, 57.8% of EPIN by weight

Taiwan Semiconductor Manufac5.15%
Samsung Electronics Co Ltd3.47%
Erste Group Bank AG3.29%
Ase Technology Holding Co Lt3.21%
Dbs Group Holdings Ltd2.70%
Icon PLC2.63%
Bae Systems PLC2.41%
Shell PLC2.26%
Syensqo SA2.20%
Grupo Cibest Sa-Adr2.18%
Trelleborg Ab-B Shs1.96%
Relx PLC1.91%
Mediatek Inc1.73%
Grupo Financiero Banorte-O1.67%
Petroleo Brasileiro-Spon Adr1.64%
Eurofins Scientific1.63%
Check Point Software Tech1.58%
Carnival Corp Ltd1.54%
Diageo PLC1.48%
Icici Bank Ltd-Spon Adr1.41%
Hdfc Bank Ltd-Adr1.34%
Yum China Holdings Inc1.33%
Quimica Y Minera Chil-Sp Adr1.31%
Entain PLC1.16%
Ambev SA1.14%
Everest Group Ltd1.13%
Hon Hai Precision Industry1.06%
Baidu Inc - Spon Adr0.80%
Byd Co Ltd-H0.72%
Travelsky Technology Ltd-H0.61%
Banco Bradesco-Adr0.58%
China Life Insurance Co-H0.56%
Mexican Peso (New)0.05%

Weight gaps

All 29 Holdings in both funds, largest gap first.

Holding weights in DFIC and EPIN, widest gap first
Holding	More in DFICMore in EPIN	DFIC	EPIN
Asml Holding NV	EPIN +3.76 points	0.07%	3.83%
Barclays PLCBARC.L	EPIN +2.80 points	0.22%	3.02%
Prysmian Spa	EPIN +2.77 points	0.12%	2.89%
Leonardo Spa	EPIN +2.27 points	0.09%	2.36%
Lonza Group AG	EPIN +2.20 points	0.16%	2.36%
Hitachi Ltd	EPIN +2.19 points	0.31%	2.50%
Murata Manufacturing Co L	EPIN +2.12 points	0.12%	2.24%
Safran SA	EPIN +2.01 points	0.19%	2.20%
Mtu Aero Engines AG	EPIN +1.88 points	0.13%	2.01%
Dnb Bank Asa	EPIN +1.86 points	0.04%	1.90%
Canadian National RailwayCNI	EPIN +1.82 points	0.10%	1.92%
Cae IncCAE	EPIN +1.76 points	0.03%	1.79%
Amadeus It Group SA	EPIN +1.71 points	0.08%	1.79%
Siemens Healthineers AG	EPIN +1.63 points	0.07%	1.70%
MelroseMRO.L	EPIN +1.60 points	0.05%	1.65%
Sumco Corp	EPIN +1.58 points	0.06%	1.64%
Rio Tinto PLC AdrRIO	EPIN +1.53 points	0.02%	1.55%
Equinor AsaEQNR	EPIN +1.52 points	<0.01%	1.53%
Nippon Sanso Holdings Cor	EPIN +1.43 points	0.03%	1.46%
Halma PLCHLMA.L	EPIN +1.40 points	0.04%	1.44%
Julius Baer Group Ltd	EPIN +1.38 points	0.14%	1.52%
Capgemini SE	EPIN +1.36 points	0.12%	1.48%
Aumovio SE	EPIN +1.28 points	0.02%	1.30%
Heineken NV	EPIN +1.27 points	0.08%	1.35%
Merck Kgaa	EPIN +1.14 points	0.02%	1.16%
Norsk Hydro Asa	EPIN +0.98 points	0.01%	0.99%
Denso Corp	EPIN +0.85 points	0.04%	0.89%
Novartis AG AdrNVS	EPIN +0.79 points	0.76%	1.55%
Roche Holding AG	EPIN +0.75 points	0.70%	1.45%

All 4,139 DFIC holdings⁠All 61 EPIN holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

DFIC vs EPIN Cost

Overpaying EPIN vs DFIC

$10,788

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

DFIC 0.22%
$4,558
EPIN 0.80%
$15,346

Amount$10,000

Years30 years

Cost over time

DFIC 0.22%
EPIN 0.80%
Overpaying

Year by year

Year	DFIC	EPIN	Overpaying
10	$401	$1,422	$1,021
20	$1,561	$5,393	$3,832
30	$4,558	$15,346	$10,788

Expense ratio

0.22%DFIC, cheaper
0.80%EPIN

DFIC0.22%EPIN0.80%

0.00%1.49%

Middle half of International Active Equity funds
Median 0.55%

DFIC 2nd cheapest of 55 funds

EPIN 43rd cheapest of 55 funds

DFIC vs EPIN Dividends

Last 12 months to Oct 30, 2026

Yield (12M): DFIC 2.55%; EPIN No data
Payout (12M): DFIC $0.96; EPIN No data
Last payment: DFIC $0.19; EPIN $0.18
Ex-dividend: DFIC Sep 22, 2026; EPIN Dec 19, 2025
Paid on: DFIC Sep 24, 2026; EPIN Dec 24, 2025
Frequency: DFIC Quarterly; EPIN Irregular

Distribution history

Per share, 2022 to 2026, same scale for both

DFICQuarterly · 18 paymentsAll DFIC payments⁠

EPINIrregular · 1 paymentAll EPIN payments⁠

DFIC vs EPIN Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: DFIC 11.9%EPIN 15.3%since Jul 2025
Return per unit of riskSharpe ratio, 3 years: DFIC 1.35EPIN 1.25since Jul 2025
Worst fallMax drawdown, 5 years: DFIC −24.4%since Mar 2022EPIN −11.7%since Jun 2025
Market sensitivityBeta, 5 years: DFIC 0.92EPIN 1.02; Market = 1

DFIC and EPIN in the news

All news⁠

ETF Filings
Causeway files its first ETFs into a 0.22% to 0.39% category, its own fee blank
Sep 18, 2026DFIC

Popular comparisons

DFICAvsAVDEA
Dimensional International Core Equity 2 ETF · Avantis International Equity ETF
Expense ratio
0.22% · 0.23%
Category
EPINDvsAVDEA
Harbor International Equity ETF (EPIN) · Avantis International Equity ETF
Expense ratio
0.80% · 0.23%
Category
DFICAvsJIREA
Dimensional International Core Equity 2 ETF · JPMorgan International Research Enhanced Equity ETF
Expense ratio
0.22% · 0.29%
Category
EPINDvsJIREA
Harbor International Equity ETF (EPIN) · JPMorgan International Research Enhanced Equity ETF
Expense ratio
0.80% · 0.29%
Category
DFICAvsAVDSA
Dimensional International Core Equity 2 ETF · Avantis International Small Cap Equity ETF
Expense ratio
0.22% · 0.30%
Category
EPINDvsAVDSA
Harbor International Equity ETF (EPIN) · Avantis International Small Cap Equity ETF
Expense ratio
0.80% · 0.30%
Category

DFIC vs EPIN

In short

Stated mandate

Why people hold it

Worth knowing

How DFIC and EPIN differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in DFIC

Only in EPIN

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

Causeway files its first ETFs into a 0.22% to 0.39% category, its own fee blank

How DFIC and EPIN differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in DFIC

Only in EPIN

Weight gaps