AIRR vs DFSV: Holdings Overlap
AIRRFirst Trust RBA American Industrial Renaissance ETF
First Trust · 52 holdings · $10.7B · as of 2026-03-31
DFSVDimensional US Small Cap Value ETF
Dimensional · 1029 holdings · $8.2B · as of 2026-04-30
Holdings snapshots are 30 days apart (AIRR: 2026-03-31, DFSV: 2026-04-30). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are AIRR and DFSV?
First Trust RBA American Industrial Renaissance ETF (AIRR, by First Trust) holds 52 positions; Dimensional US Small Cap Value ETF (DFSV, by Dimensional) holds 1029. They have 19 holdings in common, and by portfolio weight the two funds are 5.0% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 5.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 19AIRR holds 52 · DFSV holds 1029
- Weight in Shared Holdings
- AIRR 25%·DFSV 5%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in AIRR
33 of 52 positions (75.0% of the fund) are not held by DFSV. Showing the top 30 by weight.
Sector Breakdown
| Sector | AIRR | DFSV |
|---|---|---|
| Industrials | 91.9% | 14.9% |
| Financials | 8.0% | 26.4% |
| Consumer Discretionary | 0.0% | 12.7% |
| Energy | 0.0% | 12.6% |
| Information Technology | 0.0% | 7.2% |
| Other Sectors | 0.0% | 22.4% |
| Unclassified | 0.0% | 3.6% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts. “Unclassified” is weight we could not classify (0% of AIRR, 4% of DFSV).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| AIRR | +0.6% | +25.7% | +39.9% | +32.0% | +24.5% | +20.5% | 0.09% |
| DFSV | +4.5% | +23.4% | +37.6% | +15.2% | — | — | 1.33% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in AIRR vs DFSV →
Shared Holdings(19)
The top 10 shared positions account for 77% of the overlap, led by ONB, OSK and KEX.
 ONBOld National Bancorp COM | 1.57% | 0.56% | 0.56% |
|---|---|---|---|
 OSKOshkosh Corporation COM | 1.94% | 0.53% | 0.53% |
 KEXKirby Corporation | 1.90% | 0.49% | 0.49% |
 FNBF N B Corp (Pennsylvania) COM | 1.88% | 0.43% | 0.43% |
 WTFCWintrust Financial Corporation COM | 1.69% | 0.38% | 0.38% |
 ACAArcosa Inc COM | 0.56% | 0.35% | 0.35% |
 ASBAssociated Banc-Corp COM | 1.36% | 0.34% | 0.34% |
 FULTFulton Financial Corporation COM | 0.96% | 0.29% | 0.29% |
 HIIHuntington Ingalls Industries, Inc. COM | 3.01% | 0.26% | 0.26% |
 SNDRSchneider National, Inc., Class B | 0.60% | 0.21% | 0.21% |
 FFBCFirst Financial Bancorp. COM | 0.55% | 0.21% | 0.21% |
 OCOwens Corning COM | 2.77% | 0.18% | 0.18% |
 RRyder System, Inc. COM | 1.97% | 0.18% | 0.18% |
 WERNWerner Enterprises Inc. COM | 0.63% | 0.16% | 0.16% |
 ATKRAtkore Inc COM | 0.59% | 0.14% | 0.14% |
 DNOWDNOW Inc. COM | 0.55% | 0.11% | 0.11% |
 TPCTutor Perini Corporation COM | 0.81% | 0.09% | 0.09% |
 HRIHerc Holdings Inc COM | 1.01% | 0.05% | 0.05% |
 SHLSShoals Technologies Group, Inc., Class A | 0.54% | 0.03% | 0.03% |
Frequently Asked Questions
How much do AIRR and DFSV overlap?
AIRR and DFSV overlap by 5.0% of portfolio weight. They share 19 holdings (AIRR holds 52 positions and DFSV holds 1029), based on each fund's latest SEC-reported holdings.
Is it redundant to own both AIRR and DFSV?
The two portfolios are 5.0% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of AIRR and DFSV?
The largest positions held by both funds are ONB, OSK, KEX, FNB and WTFC. Together the top 10 shared positions account for 77% of the total overlap.
What does AIRR own that DFSV doesn't?
33 positions (75.0% of AIRR) are unique to AIRR, led by AGX, MTZ and FIX. In the other direction, 1010 positions (94.8% of DFSV) are unique to DFSV.