DMXF vs VSGX: Grades, Fees and Holdings Compared

iShares ESG Advanced MSCI EAFE ETF

DMXFANasdaq

Vanguard ESG International Stock ETF

VSGXACboe

Overlap

28.8%by weight

Expense ratio

VSGX −0.02pt a year

DMXF0.12%VSGX0.10%

Avg volume · 30D

VSGX 2.2×the volume

DMXF75.7KVSGX166K

5Y return · a year

VSGX +0.7pt

DMXF+6.7%VSGX+7.4%

DMXF vs VSGX Performance

Oct 29, 2021 – Oct 30, 2026

+38.6%DMXF+43.0%VSGX

Expense ratio: DMXF 0.12%; VSGX 0.10%, better
Fund size: DMXF $1.04B; VSGX $6.7B
1Y total return: DMXF +14.0%; VSGX +14.4%, better
Yield (12M): DMXF 4.22%, better; VSGX 3.11%
Holdings: DMXF 408; VSGX 6667
Avg volume (30D): DMXF 75.7K sh; VSGX 166K sh, better
NAV per share: DMXF $83.48; VSGX $77.91
52W range

ETF.net Grade

Pillar letters and Scores for DMXF, VSGX, with each pillar’s weight
Pillar	DMXF	VSGX
Cost30% weight	A88	A100Higher
Mission25% weight	A100	A100
Risk15% weight	D36	C49Higher
Tradability15% weight	A74Higher	B64
Holdings10% weight	C45	B60Higher
Durability5% weight	A76	A92Higher

Rank among International ESG & Values Index funds

How we build Categories ›

Same Category. DMXF and VSGX are both graded against the same 18 International ESG & Values Index funds, so their Grades compare head to head.

International ESG & Values Index⁠

Category · 18 funds

See all 18 ›

VSGX ranks 1st and DMXF 3rd of 18 funds in the International ESG & Values Index Category.

Rank 1AVSGXVanguard ESG International Stock ETFScore 82
Rank 2AESGDiShares ESG Aware MSCI EAFE ETFScore 79
Rank 3ADMXFiShares ESG Advanced MSCI EAFE ETFScore 76
Rank 4AFEDMNorthern Trust ESG & Climate Developed Markets ex-US Core ETFScore 72

Our read on each fund

ETF.net Research

DMXFAiShares ESG Advanced MSCI EAFE ETF

VSGXAVanguard ESG International Stock ETF

In short

DMXF The strict one. Where iShares' ESG Aware EAFE fund screens five controversial businesses, DMXF screens fourteen, including the whole energy sector, and charges less than its lighter-screened sibling to do it.

VSGX Most ex-US ESG funds stop at big developed-market names. VSGX casts a wider net: large, mid and small caps across developed and emerging markets, minus the industries its index screens out, for 0.10% a year.

Stated mandate

DMXF The fund seeks to track an index of developed-market equities outside the United States and Canada, while incorporating positive environmental, social, and governance characteristics.

VSGX The Fund seeks to track an index of large-, mid-, and small-capitalization stocks from developed and emerging markets outside the United States, subject to environmental, social, and corporate-governance screening.

Why people hold it

DMXF 0.12% a year, roughly half the typical fee among international ESG funds, and cheaper than the softer-screened iShares sibling ESGD at 0.20%.ishares.com
Fourteen business-involvement screens: fossil fuels, nuclear power and weapons, GMOs, palm oil, for-profit prisons, predatory lending, gambling, tobacco and more.ishares.com
The fossil fuel screen is categorical, not cosmetic: the index drops the entire GICS energy sector plus companies with industry ties such as thermal coal.blackrock.com
Sticks tightly to its MSCI EAFE Choice ESG Screened index, one of the stronger implementations among international ESG funds.

VSGX 0.10% a year, well under half the typical fee in its international ESG peer group. Vanguard's usual move: undercut the room.
Reaches past the usual EAFE box, holding thousands of stocks across developed and emerging markets. EAFE-based rivals like ESGD and DMXF cover developed large and mid caps only.msci.com
The screen is FTSE's rulebook, not Vanguard's opinion: out go fossil fuel reserves, weapons, tobacco, alcohol, gambling, adult entertainment and nuclear power, plus conduct flags.ftserussell.com
What survives the screen stays market-cap weighted, with no factor tilts or manager stock picks. Distributions land quarterly.lseg.com

Worth knowing

DMXF Deep exclusions mean real drift from plain EAFE. Sibling ESGD is built to keep risk and return close to the parent index; DMXF is not.ishares.com ishares.com 2
About 400 stocks, a narrower slate than the unscreened parent index, so individual names and surviving sectors carry more weight.
Mid-sized and moderately traded rather than a category heavyweight, and distributions arrive once or twice a year rather than quarterly.

VSGX Cutting oil, gas, coal, nuclear and weapons names removes whole slices of the market, so results can drift from a plain ex-US index in either direction.ftserussell.com
Emerging markets, small caps and foreign currency all ride along, which can mean wider swings than a developed large-cap-only ex-US fund.
It de-selects rather than rewards: clearing the screen isn't the same as being a sustainability leader, and there's no carbon or Paris-alignment target.lseg.com

Full DMXF profile⁠

Full VSGX profile⁠

DMXF vs VSGX Holdings

How DMXF and VSGX differ

Overlap by weight

28.8%

Shared holdings make up 87.5% of DMXF and 28.8% of VSGX.

Level by level

Holdings337 in both28.8%
Countryby domicile54.4%
Sector11 Sectors84.7%
Asset classEquity100%

Sector

Sector weights in DMXF and VSGX, widest gap first
Sector	More in DMXFMore in VSGX	DMXF	VSGX
Technology	VSGX +8.6 points	19.5%	28.1%
Industrials	DMXF +6.7 points	14.9%	8.2%
Financials	DMXF +4.9 points	33.2%	28.3%
Consumer Discretionary	VSGX +3.5 points	4.7%	8.2%
Consumer Staples	VSGX +2.3 points	2.4%	4.7%
Health Care	DMXF +2.1 points	11.1%	9.0%
Communication	DMXF +1.5 points	5.7%	4.2%
Materials	VSGX +1.0 points	5.0%	6.0%
Utilities	DMXF +0.1 points	0.7%	0.6%
Real Estate	Same weight	2.7%	2.7%
Energy	VSGX +0.1 points	0.0%	0.1%

Country, concentration and asset class

Country by domicile

Country weights in DMXF and VSGX, widest gap first
Country	More in DMXFMore in VSGX	DMXF	VSGX
Japan	DMXF +13.9 points	31.0%	17.1%
Taiwan	VSGX +12.4 points	0.0%	12.4%
South Korea	VSGX +8.0 points	0.0%	8.0%
Netherlands	DMXF +7.1 points	10.8%	3.7%
China	VSGX +6.8 points	0.0%	6.8%
Canada	VSGX +6.4 points	0.0%	6.4%
Switzerland	DMXF +5.3 points	10.6%	5.3%
France	DMXF +4.7 points	7.6%	2.9%
Other countries (30)	DMXF +2.5 points	40.0%	37.5%

Outside the US: DMXF 99% developed, 1% emerging. VSGX 61% developed, 39% emerging.

Concentration

Weight in the 10 largest Holdings

DMXF22.3%
VSGX18.1%

Securities held

DMXF393
VSGX6,625

Asset class

DMXF: Equity
VSGX: Equity

Holdings

Only in DMXF56
In both337
Only in VSGX6,288

Only in DMXF

56 securities, 11.9% of DMXF by weight

Schneider Electric1.36%
Abb Ltd1.25%
Lair Liquide Societe Anonyme Pour1.18%
Spotify Technology0.81%
Nordea Bank0.50%
Ferrari0.45%
Komatsu0.32%
Sika AG0.31%
Nebius NV Class A0.29%
Adidas N AG0.28%
Stmicroelectronics0.27%
Ferrovial NV0.25%
Aercap Holdings0.23%
Aib Group PLC0.22%
Hexagon Class B0.22%
Coca Cola Europacific Partners PLC0.21%
Capgemini0.20%
Sgs SA0.20%
Mtu Aero Engines Holding AG0.19%
Dassault Systemes0.18%
Kerry Group PLC0.17%
Konami Group0.15%
Henkel & Kgaa Pref AG0.12%
Vonovia SE0.12%
Check Point Software Technologies0.12%
Sumitomo Metal Mining0.12%
Intertek Group PLC0.11%
Obayashi0.11%
Metso Corporation0.11%
Kajima0.11%
Smiths Group PLC0.10%
Bureau Veritas SA0.10%
Taisei0.10%
Jx Advanced Metals Corp0.10%
Banco Comercial Portugues SA0.09%
Magnum Ice Cream0.09%
Bouygues SA0.09%
Sartorius Pref AG0.07%
Capitaland Ascendas Reit0.07%
Eiffage SA0.07%
Millicom International Cellular0.07%
Indutrade0.07%
Mitsui Kinzoku Limited Ltd0.06%
Grab Holdings Class A0.06%
Infratil Ltd0.06%
Shimizu0.06%
Hkt Trust and Hkt Units0.06%
International Airlines Group0.06%
Jeronimo Martins SA0.06%
Lifco Class B0.05%

Only in VSGX

6,288 securities, 70.8% of VSGX by weight

Taiwan Semiconductor Manufacturing Co Ltd5.79%
Samsung Electronics Co Ltd2.76%
SK hynix Inc2.26%
SLCMT11421.12%
Roche Holding AG0.89%
Royal Bank of Canada0.84%
Alibaba Group Holding Ltd0.78%
AstraZeneca PLC0.74%
Nestle SA0.71%
MediaTek Inc0.69%
Banco Santander SA0.61%
Toyota Motor Corp0.58%
Shopify Inc0.55%
Banco Bilbao Vizcaya Argentaria SA0.48%
UBS Group AG0.45%
Sony Group Corp0.43%
Delta Electronics Inc0.41%
Kioxia Holdings Corp0.40%
UniCredit SpA0.40%
Unilever PLC0.39%
Novo Nordisk A/S0.37%
Bank of Montreal0.36%
Samsung Electronics-Pref0.35%
Intesa Sanpaolo SpA0.35%
Bank of Nova Scotia/The0.34%
China Construction Bank Corp0.34%
BNP Paribas SA0.32%
Deutsche Telekom AG0.31%
Canadian Imperial Bank of Commerce0.31%
Hon Hai Precision Industry Co Ltd0.29%
Gsk PLC0.29%
Agnico Eagle Mines Ltd0.28%
Sanofi SA0.27%
HDFC Bank Ltd0.26%
National Australia Bank Ltd0.26%
Lloyds Banking Group PLC0.25%
Fast Retailing Co Ltd0.25%
Barclays PLC0.25%
ANZ Group Holdings Ltd0.24%
Industrial & Commercial Bank of China Ltd0.24%
SK Square Co Ltd0.23%
ICICI Bank Ltd0.22%
ASE Technology Holding Co Ltd0.22%
NatWest Group PLC0.22%
Manulife Financial Corp0.22%
Industria de Diseno Textil SA0.21%
Panasonic Holdings Corp0.20%
L'Oreal SA0.19%
Nordea Bank Abp0.19%
Deutsche Bank AG0.19%

Weight gaps

The 100 widest of 337 Holdings in both funds.

Holding weights in DMXF and VSGX, widest gap first
Holding	More in DMXFMore in VSGX	DMXF	VSGX
Asml Holding	DMXF +3.62 points	5.72%	2.10%
Novartis AG	DMXF +1.97 points	2.78%	0.81%
Sap	DMXF +1.61 points	2.23%	0.62%
Mitsubishi Ufj Financial Group	DMXF +1.42 points	2.19%	0.77%
Commonwealth Bank of Australia	DMXF +1.30 points	1.83%	0.53%
Allianz	DMXF +1.20 points	1.74%	0.54%
Recruit Holdings Ltd	DMXF +1.07 points	1.51%	0.44%
Advantest	DMXF +1.03 points	1.52%	0.49%
Sumitomo Mitsui Financial Group	DMXF +0.92 points	1.40%	0.48%
Tokyo Electron	DMXF +0.75 points	1.25%	0.50%
Zurich Insurance Group AG	DMXF +0.75 points	1.05%	0.30%
Dbs Group Holdings Ltd	DMXF +0.73 points	1.10%	0.37%
Mizuho Financial Group	DMXF +0.67 points	1.07%	0.40%
Aia Group	DMXF +0.65 points	0.94%	0.29%
Tokio Marine Holdings	DMXF +0.63 points	0.92%	0.29%
Keyence	DMXF +0.58 points	0.87%	0.29%
Westpac Banking Corporation	DMXF +0.58 points	0.83%	0.25%
Ing Groep	DMXF +0.54 points	0.85%	0.31%
Softbank Group Corp	DMXF +0.53 points	0.99%	0.46%
Investor Class B	DMXF +0.49 points	0.70%	0.21%
Relx PLCREL.L	DMXF +0.48 points	0.66%	0.18%
Axa SA	DMXF +0.46 points	0.70%	0.24%
Oversea-Chinese Banking	DMXF +0.46 points	0.70%	0.24%
Csl	DMXF +0.44 points	0.63%	0.19%
Deutsche Boerse AG	DMXF +0.44 points	0.62%	0.18%
Macquarie Group Ltd Def	DMXF +0.43 points	0.61%	0.18%
Infineon Technologies AG	DMXF +0.42 points	0.69%	0.27%
Essilorluxottica SA	DMXF +0.41 points	0.56%	0.15%
Compass Group PLCCPG.L	DMXF +0.39 points	0.54%	0.15%
Nintendo	DMXF +0.38 points	0.54%	0.16%
London Stock Exchange Group PLCLSEG.L	DMXF +0.38 points	0.53%	0.15%
Shin Etsu Chemical	DMXF +0.37 points	0.58%	0.21%
Lonza Group AG	DMXF +0.37 points	0.52%	0.15%
Hoya	DMXF +0.37 points	0.52%	0.15%
Murata Manufacturing	DMXF +0.35 points	0.61%	0.26%
Argenx	DMXF +0.35 points	0.53%	0.18%
Swiss Re AG	DMXF +0.34 points	0.49%	0.15%
Kddi	DMXF +0.33 points	0.49%	0.16%
Givaudan SA	DMXF +0.33 points	0.42%	0.09%
Hermes International	DMXF +0.31 points	0.47%	0.16%
Galderma Group N AG	DMXF +0.29 points	0.40%	0.11%
Prosus NV Class N	DMXF +0.28 points	0.43%	0.15%
Sandoz Group AG	DMXF +0.28 points	0.39%	0.11%
Ucb SA	DMXF +0.28 points	0.36%	0.08%
Softbank	DMXF +0.27 points	0.40%	0.13%
Genmab	DMXF +0.26 points	0.32%	0.06%
Assa Abloy B	DMXF +0.25 points	0.36%	0.11%
Nokia	DMXF +0.26 points	0.41%	0.15%
Caixabank SA	DMXF +0.25 points	0.41%	0.16%
MS&AD Insurance Group Holdings	DMXF +0.25 points	0.37%	0.12%
Societe Generale SA	DMXF +0.24 points	0.40%	0.16%
Daiichi Life Group	DMXF +0.25 points	0.37%	0.12%
United Overseas Bank	DMXF +0.25 points	0.36%	0.12%
Goodman Group Units	DMXF +0.24 points	0.35%	0.11%
Nec	DMXF +0.24 points	0.35%	0.11%
Sandvik	DMXF +0.23 points	0.35%	0.12%
Fujitsu	DMXF +0.23 points	0.36%	0.13%
Sompo Holdings	DMXF +0.23 points	0.34%	0.11%
Erste Group Bank AG	DMXF +0.23 points	0.35%	0.12%
Alcon AG	DMXF +0.24 points	0.33%	0.09%
Haleon PLCHLN.L	DMXF +0.23 points	0.35%	0.12%
Legrand SA	DMXF +0.23 points	0.35%	0.12%
Ntt	DMXF +0.22 points	0.31%	0.09%
Hong Kong Exchanges and Clearing	DMXF +0.22 points	0.40%	0.18%
Asm International NV	DMXF +0.22 points	0.36%	0.14%
Fanuc Corp	DMXF +0.21 points	0.32%	0.11%
Swiss Life Holding AG	DMXF +0.21 points	0.30%	0.09%
Otsuka Holdings	DMXF +0.20 points	0.30%	0.10%
Japan Post Bank Ltd	DMXF +0.20 points	0.32%	0.12%
Prudential PLCPRU.L	DMXF +0.20 points	0.29%	0.09%
Transurban Group Stapled Units	DMXF +0.19 points	0.28%	0.09%
Chugai Pharmaceutical Ltd	DMXF +0.19 points	0.27%	0.08%
Bank Leumi Le Israel	DMXF +0.19 points	0.30%	0.11%
Aviva PLCAV.L	DMXF +0.19 points	0.27%	0.08%
3I Group Fund PLCIII.L	DMXF +0.19 points	0.29%	0.10%
Assicurazioni Generali	DMXF +0.18 points	0.32%	0.14%
Fujikura	DMXF +0.18 points	0.35%	0.17%
Renesas Electronics Corp	DMXF +0.18 points	0.29%	0.11%
Qbe Insurance Group	DMXF +0.19 points	0.26%	0.07%
Astellas Pharma	DMXF +0.18 points	0.26%	0.08%
Orange SA	DMXF +0.18 points	0.28%	0.10%
Tdk	DMXF +0.18 points	0.29%	0.11%
Daiichi Sankyo Ltd	DMXF +0.18 points	0.28%	0.10%
Skandinaviska Enskilda Banken	DMXF +0.18 points	0.28%	0.10%
Dnb Bank	DMXF +0.18 points	0.26%	0.08%
Amadeus It Group	DMXF +0.17 points	0.25%	0.08%
Kbc Groep	DMXF +0.18 points	0.28%	0.10%
Sampo Class A	DMXF +0.17 points	0.24%	0.07%
Resona Holdings	DMXF +0.17 points	0.28%	0.11%
Ajinomoto	DMXF +0.17 points	0.26%	0.09%
Boc Hong Kong Holdings Ltd	DMXF +0.17 points	0.24%	0.07%
Vestas Wind Systems	DMXF +0.17 points	0.26%	0.09%
Publicis Groupe	DMXF +0.16 points	0.24%	0.08%
Abn Amro Bank NV	DMXF +0.16 points	0.25%	0.09%
Mitsubishi Estate Co Ltd	DMXF +0.16 points	0.24%	0.08%
Oriental Land	DMXF +0.16 points	0.22%	0.06%
Sumitomo Mitsui Trust Group	DMXF +0.16 points	0.25%	0.09%
Mitsui Fudosan	DMXF +0.16 points	0.23%	0.07%
Disco Corp	DMXF +0.16 points	0.26%	0.10%
Novozymes B	DMXF +0.16 points	0.23%	0.07%

All 393 DMXF holdings⁠All 6,429 VSGX 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.

DMXF vs VSGX Cost

Overpaying DMXF vs VSGX

$414

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

DMXF 0.12%
$2,520
VSGX 0.10%
$2,106

Amount$10,000

Years30 years

Cost over time

DMXF 0.12%
VSGX 0.10%
Overpaying

Year by year

Year	DMXF	VSGX	Overpaying
10	$220	$183	$37
20	$859	$717	$142
30	$2,520	$2,106	$414

Expense ratio

0.12%DMXF
0.10%VSGX, cheaper

VSGX0.10%DMXF0.12%

0.10%0.95%

Middle half of International ESG & Values Index funds
Median 0.23%

VSGX cheapest of 18 funds

DMXF 2nd cheapest of 18 funds

DMXF vs VSGX Dividends

Last 12 months to Oct 30, 2026

Yield (12M): DMXF 4.22%, better; VSGX 3.11%
Payout (12M): DMXF $3.54; VSGX $2.43
Last payment: DMXF $1.03; VSGX $0.47
Ex-dividend: DMXF Jun 15, 2026; VSGX Sep 18, 2026
Paid on: DMXF Jun 18, 2026; VSGX Sep 22, 2026
Frequency: DMXF Twice a year; VSGX Quarterly

Distribution history

Per share, 2018 to 2026, same scale for both

DMXFTwice a year · 13 paymentsAll DMXF payments⁠

VSGXQuarterly · 31 paymentsAll VSGX payments⁠

DMXF vs VSGX Risk

Fall from peak · 5 years

DMXF
VSGX

Risk facts

VolatilityStd dev, 3 years: DMXF 12.8%VSGX 12.8%
Return per unit of riskSharpe ratio, 3 years: DMXF 1.06VSGX 1.20, better
Worst fallMax drawdown, 5 years: DMXF −33.7%VSGX −31.2%, better
Market sensitivityBeta, 5 years: DMXF 0.86VSGX 0.97; Market = 1

DMXF and VSGX in the news

All news⁠

ETF Filings
Calamos to liquidate its Giannis Antetokounmpo sustainable ETF
Sep 11, 2026VSGX

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DMXF vs VSGX

In short

Stated mandate

Why people hold it

Worth knowing

How DMXF and VSGX differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in DMXF

Only in VSGX

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

Calamos to liquidate its Giannis Antetokounmpo sustainable ETF

How DMXF and VSGX differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in DMXF

Only in VSGX

Weight gaps