DFIC vs TACN: Grades, Fees and Holdings Compared

Dimensional International Core Equity 2 ETF

DFICACboe

T. Rowe Price Active Core International Equity ETF

TACNANYSE Arca

Overlap

32.2%by weight

Expense ratio

TACN −0.22pt a year

DFIC0.22%TACN0.00%

Avg volume · 30D

DFIC 713.5×the volume

DFIC1.85MTACN2.59K

DFIC vs TACN Performance

Dec 31, 2025 – Oct 30, 2026

+10.8%DFIC+10.5%TACN

Expense ratio: DFIC 0.22%; TACN 0.00%, better
Fund size: DFIC $15.3B; TACN $24M
1Y total return: DFIC +16.8%; TACN No data
Yield (12M): DFIC 2.55%; TACN No data
Holdings: DFIC 4152; TACN 508
Avg volume (30D): DFIC 1.85M sh, better; TACN 2.59K sh
NAV per share: DFIC $37.56; TACN $28.20
52W range

ETF.net Grade

Pillar letters and Scores for DFIC, TACN, with each pillar’s weight
Pillar	DFIC	TACN
Cost30% weight	A98	A100Higher
Mission25% weight	A100	Not scored
Risk15% weight	B69	A70Higher
Tradability15% weight	A81Higher	C46
Holdings10% weight	A91Higher	A82
Durability5% weight	A91Higher	D30

Rank among International Active Equity funds

How we build Categories ›

Same Category. DFIC and TACN 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 TACN 5th 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 5AENHIiShares Enhanced International Active ETFScore 76
Rank 5ATACNT. Rowe Price Active Core International Equity ETFScore 76
Rank 7AAVNMAvantis All International Markets Equity ETFScore 72

Our read on each fund

ETF.net Research

DFICADimensional International Core Equity 2 ETF

TACNAT. Rowe Price Active Core International Equity ETF

In short

DFIC No data

TACN T. Rowe Price's index-aware take on developed international stocks: it shadows the MSCI EAFE benchmark while nudging weights, and the fee is waived to 0.00% through January 30, 2027 (0.20% gross).

Stated mandate

DFIC No data

TACN The fund's goal is to achieve long-term capital growth.

Why people hold it

DFIC No data

TACN Fee waived to zero through January 30, 2027, then the 0.20% gross rate applies. Top-scoring active international peers AVDE (0.23%) and DFIC (0.22%) charge more, with no waiver.troweprice.com
Built around the MSCI EAFE Index: an optimizer modestly over- and underweights names, targeting tracking error above most passive funds and below most active ones.sec.gov troweprice.com
Names come from T. Rowe's quant models plus bottom-up fundamental research (valuation, profitability, financial stability, earnings quality), with at least 80% of net assets normally in equities.sec.gov troweprice.com
Despite being new, it already stands among the strongest-rated funds in a crowded active international equity group, with long-term capital growth as the stated goal.

Worth knowing

DFIC No data

TACN Launched December 10, 2025, so the track record is short and assets are still small. Trading is thin, which can mean wider spreads than at big index rivals.
The zero fee is contractual, not permanent: it runs through January 30, 2027, after which the 0.20% gross expense ratio kicks in.troweprice.com
Low tracking error is the design, not a bug. The active tilt is deliberately modest, so the portfolio is built to hug EAFE rather than stray from it.sec.gov

Full DFIC profile⁠

Full TACN profile⁠

DFIC vs TACN Holdings

How DFIC and TACN differ

Overlap by weight

32.2%

Shared holdings make up 82.8% of TACN and 40.4% of DFIC.

Level by level

Holdings411 in both32.2%
Countryby domicile85.4%
Asset classEquity100%

Sector

No Sector split for TACN.

Country, concentration and asset class

Country by domicile

Country weights in DFIC and TACN, widest gap first
Country	More in DFICMore in TACN	DFIC	TACN
Canada	DFIC +11.6 points	11.6%	0.0%
United Kingdom	TACN +3.2 points	11.4%	14.6%
France	TACN +3.0 points	6.1%	9.1%
Netherlands	TACN +2.3 points	3.6%	5.9%
Switzerland	TACN +1.5 points	8.0%	9.5%
Spain	TACN +1.4 points	2.8%	4.2%
Australia	TACN +1.0 points	5.9%	6.9%
Germany	TACN +0.9 points	7.3%	8.2%
Other countries (21)	DFIC +1.7 points	43.2%	41.5%

Outside the US: DFIC 98% developed, 2% emerging. TACN 99% developed, 1% emerging.

Concentration

Weight in the 10 largest Holdings

DFIC7.1%
TACN14.6%

Securities held

DFIC4,131
TACN498

Asset class

DFIC: Equity
TACN: Equity

Holdings

Only in DFIC3,720
In both411
Only in TACN87

Only in DFIC

3,720 securities, 59.2% of DFIC by weight

Shell PLC1.15%
Asml Holding NV1.09%
Totalenergies SE0.76%
Novartis AG Adr0.76%
Royal Bank of Canada0.64%
Allianz SE0.49%
Bp PLC0.44%
Suncor Energy Inc.0.41%
Hsbc Holdings PLC0.39%
Canadian Natural Resource0.37%
Toronto-Dominion Bank0.37%
Basf SE0.33%
Astrazeneca PLC0.33%
Tesco PLC0.31%
Cenovus Energy Inc0.27%
National Bank of Canada0.25%
Bhp Group Ltd0.25%
Intact Financial Corp0.24%
Barrick Mining Corp0.23%
Ubs Group AG0.22%
Bank of Nova Scotia/The0.22%
Agnico Eagle Mines Ltd0.21%
Fairfax Financial Holding0.21%
Banco Santander SA0.19%
Volvo Ab0.19%
Helvetia Baloise Holding0.19%
Royal Bank of Canada0.19%
Nordea Bank Abp0.19%
Unilever PLC0.18%
Airbus SE0.18%
L'oreal SA0.18%
Air Liquide SA0.17%
Canadian Imperial Bank of0.17%
Novo Nordisk A/S0.17%
Bt Group PLC0.17%
Kinross Gold Corp0.17%
Magna International Inc0.16%
Teck Resources Ltd0.16%
Compass Group PLC0.16%
Westpac Banking Corp0.16%
Deutsche Bank AG0.15%
Michelin0.15%
Whitecap Resources Inc0.15%
Asr Nederland NV0.15%
Rio Tinto Ltd0.15%
Lloyds Banking Group PLC0.15%
Bank of Ireland Group PLC0.14%
Sunbelt Rentals Holdings0.14%
Bnp Paribas SA0.14%
Diageo PLC0.14%

Only in TACN

87 securities, 16.9% of TACN by weight

Allianz SE Reg Common Stock1.06%
Novo Nordisk A/S B Common Stock DKK.10.88%
Unilever PLC Common Stock GBP.000311110.86%
Anz Group Holdings Ltd Common Stock0.84%
Airbus SE Common Stock EUR1.00.75%
Bnp Paribas Common Stock EUR2.00.65%
Banco Santander SA Common Stock EUR.50.62%
Air Liquide SA Common Stock EUR5.50.55%
Tesco PLC Common Stock GBP.06333330.46%
3I Group PLC Common Stock GBP.7386360.44%
Atlas Copco Ab A Shs Common Stock SEK.160.43%
Softbank Group Corp Common Stock0.42%
Jeronimo Martins Common Stock EUR1.00.41%
Nippon Yusen Kk Common Stock0.34%
Generali Common Stock0.34%
Michelin (Cgde) Common Stock EUR.50.33%
Techtronic Industries Co Ltd Common Stock0.31%
Westpac Banking Corp Common Stock0.31%
Koninklijke Ahold Delhaize N Common Stock EUR.010.31%
Tower Semiconductor Ltd Common Stock ILS15.00.29%
Spotify Technology SA Common Stock EUR.0006250.29%
Investor Ab B Shs Common Stock SEK6.250.27%
Ck Hutchison Holdings Ltd Common Stock HKD1.00.26%
Scentre Group Reit0.26%
Industrivarden Ab C Shs Common Stock SEK2.50.25%
Klepierre Reit EUR1.40.25%
Ryanair Holdings PLC Common Stock EUR.0060.24%
Cvc Capital Partners PLC Common Stock0.22%
Millicom Intl Cellular S.a. Common Stock USD1.50.21%
Intl Consolidated Airline Di Common Stock EUR.10.18%
Rio Tinto Ltd Common Stock0.16%
Industria De Diseno Textil Common Stock EUR.030.15%
Galaxy Entertainment Group L Common Stock0.15%
Orix Corp Common Stock0.14%
Compass Group PLC Common Stock GBP.11050.14%
Hong Kong Exchanges & Clear Common Stock0.14%
Nordea Bank Abp Common Stock EUR1.00.13%
Volvo Ab B Shs Common Stock SEK1.260.12%
Diageo PLC Common Stock GBP.28935180.12%
Basf SE Common Stock0.12%
Assa Abloy Ab B Common Stock SEK1.00.10%
Swiss Life Holding AG Reg Common Stock CHF.10.10%
Goodman Group Stapled Security0.09%
Japan Post Bank Co Ltd Common Stock0.09%
Swedbank Ab A Shares Common Stock0.09%
Novonesis (Novozymes) B Common Stock DKK2.00.09%
Aviva PLC Common Stock GBP.32894740.08%
Skandinaviska Enskilda Ban A Common Stock SEK10.00.08%
Svenska Handelsbanken A Shs Common Stock SEK1.550.08%
Hexagon Ab B Shs Common Stock EUR.220.08%

Weight gaps

The 100 widest of 411 Holdings in both funds.

Holding weights in DFIC and TACN, widest gap first
Holding	More in DFICMore in TACN	DFIC	TACN
Asml Holding NV	TACN +3.26 points	0.07%	3.33%
Novartis AG	TACN +1.22 points	0.07%	1.29%
Shell PLCSHEL.L	TACN +1.18 points	0.12%	1.30%
Hsbc Holdings PLCHSBA.L	TACN +1.18 points	0.08%	1.26%
Mitsubishi Ufj Financial	TACN +1.07 points	0.36%	1.43%
Totalenergies SETTE	TACN +1.03 points	0.03%	1.06%
Astrazeneca PLCAZN.L	TACN +1.02 points	0.06%	1.08%
Sumitomo Mitsui Financial	TACN +0.89 points	0.16%	1.05%
Recruit Holdings Co Ltd	TACN +0.88 points	0.30%	1.18%
Sap SE	TACN +0.86 points	0.09%	0.95%
Roche Holding AG	TACN +0.85 points	0.70%	1.55%
Ubs Group AG	TACN +0.83 points	<0.01%	0.84%
Sony Group Corp	TACN +0.79 points	0.33%	1.12%
Siemens AG	TACN +0.73 points	0.26%	0.99%
Sumitomo Corp	TACN +0.61 points	0.05%	0.66%
Enel Spa	TACN +0.54 points	0.16%	0.70%
Advantest Corp	TACN +0.54 points	0.33%	0.87%
Banco Bilbao Vizcaya ArgeBBVA	TACN +0.54 points	0.41%	0.95%
Commonwealth Bank of Aust	TACN +0.53 points	0.19%	0.72%
Unicredit Spa	TACN +0.51 points	0.34%	0.85%
Dbs Group Holdings Ltd	TACN +0.51 points	0.23%	0.74%
Takeda Pharmaceutical Co	TACN +0.50 points	0.13%	0.63%
Ing Groep NV	TACN +0.50 points	0.14%	0.64%
Relx PLCREL.L	TACN +0.50 points	<0.01%	0.50%
Iberdrola SA	TACN +0.48 points	0.09%	0.57%
Schneider Electric SE	TACN +0.47 points	0.12%	0.59%
Bhp Group Ltd	TACN +0.48 points	0.39%	0.87%
Asahi Group Holdings Ltd	TACN +0.46 points	0.05%	0.51%
Siemens Energy AG	TACN +0.46 points	0.24%	0.70%
Intercontinental Hotels GIHG	TACN +0.44 points	0.05%	0.49%
Rolls-Royce Holdings PLCRR.L	TACN +0.44 points	0.39%	0.83%
Renesas Electronics Corp	TACN +0.44 points	0.06%	0.50%
Suncorp Group Ltd	TACN +0.43 points	0.07%	0.50%
Equinor Asa	TACN +0.43 points	0.14%	0.57%
Safran SA	TACN +0.44 points	0.19%	0.63%
Sonova Holding AG	TACN +0.43 points	0.08%	0.51%
British American TobaccoBATS.L	TACN +0.41 points	0.17%	0.58%
Kddi Corp	TACN +0.41 points	0.19%	0.60%
Or Royalties Inc	TACN +0.41 points	<0.01%	0.41%
Kioxia Holdings Corp	TACN +0.40 points	0.05%	0.45%
Merck Kgaa	TACN +0.40 points	0.02%	0.42%
Hannover Rueck SE	TACN +0.39 points	0.09%	0.48%
MS&AD Insurance Group Hol	TACN +0.38 points	0.12%	0.50%
Nestle SA	TACN +0.38 points	0.64%	1.02%
Komatsu Ltd	TACN +0.37 points	0.12%	0.49%
Murata Manufacturing Co L	TACN +0.36 points	0.12%	0.48%
Lloyds Banking Group PLCLLOY.L	TACN +0.36 points	0.04%	0.40%
Amadeus It Group SA	TACN +0.36 points	0.08%	0.44%
Vinci SA	TACN +0.36 points	0.22%	0.58%
Bae Systems PLCBA.L	TACN +0.35 points	0.18%	0.53%
Eurofins Scientific	TACN +0.35 points	0.11%	0.46%
Thales SA	TACN +0.34 points	0.07%	0.41%
Tokyo Electron Ltd	TACN +0.33 points	0.24%	0.58%
Abb Ltd	TACN +0.33 points	0.22%	0.55%
Hitachi Ltd	TACN +0.33 points	0.31%	0.64%
Barclays PLCBARC.L	TACN +0.33 points	0.22%	0.55%
Ferrari NVRACE	TACN +0.32 points	0.06%	0.38%
National Grid PLCNG.L	TACN +0.33 points	0.01%	0.34%
Deutsche Telekom AG	TACN +0.29 points	0.38%	0.67%
Cie Financiere Richemont	TACN +0.29 points	0.13%	0.42%
Sanofi	TACN +0.28 points	0.10%	0.38%
Lvmh Moet Hennessy Louis	TACN +0.27 points	0.18%	0.45%
Bunzl PLCBNZL.L	TACN +0.27 points	0.06%	0.33%
Otsuka Corp	TACN +0.27 points	0.02%	0.29%
Aia Group Ltd	TACN +0.27 points	0.17%	0.44%
Fast Retailing Co Ltd	TACN +0.27 points	0.12%	0.39%
Caixabank SA	TACN +0.27 points	0.14%	0.41%
Imperial Brands PLCIMB.L	TACN +0.27 points	0.13%	0.40%
United Overseas Bank Ltd	TACN +0.26 points	0.10%	0.36%
SOUTH32 Ltd	TACN +0.26 points	0.06%	0.32%
Nitori Holdings Co Ltd	TACN +0.25 points	0.05%	0.30%
Bp PLCBP.L	TACN +0.25 points	0.14%	0.39%
Mitsubishi Corp	TACN +0.25 points	0.12%	0.37%
Glencore PLCGLEN.L	TACN +0.25 points	0.20%	0.45%
Pearson PLCPSON.L	TACN +0.25 points	0.02%	0.27%
Toyota Motor Corp	TACN +0.25 points	0.46%	0.71%
Mitsubishi Chem Grp Corp	TACN +0.24 points	0.06%	0.30%
Csl Ltd	TACN +0.23 points	0.01%	0.24%
Endesa SA	TACN +0.23 points	0.05%	0.28%
Demant A/S	TACN +0.22 points	0.04%	0.26%
Evonik Industries AG	TACN +0.21 points	0.06%	0.27%
Upm-Kymmene Oyj	TACN +0.21 points	0.09%	0.30%
Naturgy Energy Group SA	TACN +0.21 points	0.04%	0.25%
Logitech International SA	TACN +0.21 points	<0.01%	0.21%
Ems-Chemie Holding AG	TACN +0.20 points	0.03%	0.23%
Var Energi Asa	TACN +0.20 points	<0.01%	0.21%
The Sage Group PLCSGE.L	TACN +0.20 points	0.07%	0.27%
Bridgestone Corp	TACN +0.20 points	0.10%	0.30%
Axa SA	TACN +0.20 points	0.09%	0.29%
Orsted A/S	TACN +0.19 points	0.02%	0.21%
Macquarie Group Ltd	TACN +0.19 points	0.06%	0.25%
Vestas Wind Systems A/S	TACN +0.19 points	0.10%	0.29%
Mitsui Fudosan Co Ltd	TACN +0.18 points	0.08%	0.26%
Taisei Corp	TACN +0.18 points	0.03%	0.21%
E.on SE	DFIC +0.18 points	0.29%	0.11%
Repsol SA	DFIC +0.18 points	0.27%	0.09%
Qantas Airways Ltd	TACN +0.18 points	0.01%	0.19%
Engie SA	DFIC +0.17 points	0.28%	0.11%
Mizuho Financial Group In	TACN +0.17 points	0.18%	0.35%
Societe Generale SA	TACN +0.17 points	0.19%	0.36%

All 4,139 DFIC holdings⁠All TACN 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 TACN Cost

Overpaying DFIC vs TACN

$4,558

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

DFIC 0.22%
$4,558
TACN 0.00%
$0

Amount$10,000

Years30 years

Cost over time

DFIC 0.22%
TACN 0.00%
Overpaying

Year by year

Year	DFIC	TACN	Overpaying
10	$401	$0	$401
20	$1,561	$0	$1,561
30	$4,558	$0	$4,558

Expense ratio

0.22%DFIC
0.00%TACN, cheaper

TACN0.00%DFIC0.22%

0.00%1.49%

Middle half of International Active Equity funds
Median 0.55%

TACN cheapest of 55 funds

DFIC 2nd cheapest of 55 funds

DFIC vs TACN Dividends

Last 12 months to Oct 30, 2026

Yield (12M): DFIC 2.55%; TACN No data
Payout (12M): DFIC $0.96; TACN None
Last payment: DFIC $0.19; TACN No data
Ex-dividend: DFIC Sep 22, 2026; TACN No data
Paid on: DFIC Sep 24, 2026; TACN No data
Frequency: DFIC Quarterly; TACN No data

Distribution history

Per share, 2022 to 2026, same scale for both

DFICQuarterly · 18 paymentsAll DFIC payments⁠

TACNAll TACN payments⁠

No distribution history available.

DFIC vs TACN 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%TACN No data
Return per unit of riskSharpe ratio, 3 years: DFIC 1.35TACN No data
Worst fallMax drawdown, 5 years: DFIC −24.4%since Mar 2022TACN No data
Market sensitivityBeta, 5 years: DFIC 0.92TACN 0.65; Market = 1

DFIC and TACN 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
ETF Filings
Franklin Templeton files two enhanced ETFs to absorb its international core funds
Sep 18, 2026TACN

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DFIC vs TACN

In short

Stated mandate

Why people hold it

Worth knowing

How DFIC and TACN differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in DFIC

Only in TACN

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

Franklin Templeton files two enhanced ETFs to absorb its international core funds

How DFIC and TACN differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in DFIC

Only in TACN

Weight gaps