DES vs DFAT: Holdings Overlap
DESWisdomTree U.S. SmallCap Dividend Fund
WisdomTree · 530 holdings · $2.2B · as of 2026-03-31
DFATDimensional U.S. Targeted Value ETF
Dimensional · 1281 holdings · $14.5B · as of 2026-04-30
Holdings snapshots are 30 days apart (DES: 2026-03-31, DFAT: 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 DES and DFAT?
WisdomTree U.S. SmallCap Dividend Fund (DES, by WisdomTree) holds 530 positions; Dimensional U.S. Targeted Value ETF (DFAT, by Dimensional) holds 1281. They have 373 holdings in common, and by portfolio weight the two funds are 22.7% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 22.7%Sum of the smaller weight of each shared holding
- Shared Holdings
- 373DES holds 530 · DFAT holds 1281
- Weight in Shared Holdings
- DES 67%·DFAT 23%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 DES
157 of 530 positions (32.8% of the fund) are not held by DFAT. Showing the top 30 by weight.
Only in DFAT
908 of 1281 positions (76.8% of the fund) are not held by DES. Showing the top 30 by weight.
Sector Breakdown
| Sector | DES | DFAT |
|---|---|---|
| Financials | 23.2% | 26.9% |
| Industrials | 13.1% | 16.5% |
| Consumer Discretionary | 13.8% | 12.9% |
| Energy | 11.3% | 10.8% |
| Real Estate | 9.4% | 0.8% |
| Other Sectors | 24.7% | 28.9% |
| Unclassified | 4.2% | 2.9% |
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 (4% of DES, 3% of DFAT).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| DES | +3.2% | +24.6% | +33.0% | +13.6% | +8.4% | +8.2% | 2.22% |
| DFAT | +3.8% | +21.7% | +34.5% | +15.0% | +11.7% | — | 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 DES vs DFAT →
Shared Holdings(373)
The top 10 shared positions account for 12% of the overlap, led by AVT, LBRT and MATX.
 AVTAvnet, Inc. COM | 0.60% | 0.38% | 0.38% |
|---|---|---|---|
 LBRTLiberty Energy, Inc., Class A | 0.43% | 0.29% | 0.29% |
 MATXMatson Inc COM | 0.35% | 0.26% | 0.26% |
 DANDana Inc. COM | 0.39% | 0.26% | 0.26% |
 BCBrunswick Corporation COM | 0.50% | 0.25% | 0.25% |
 CRCCalifornia Resources Corporation COM STOCK | 0.91% | 0.25% | 0.25% |
 MGYMagnolia Oil & Gas Corporation CL A | 0.63% | 0.25% | 0.25% |
 RUSHARush Enterprises, Inc., Class A | 0.33% | 0.24% | 0.24% |
 PTENPatterson-UTI Energy Inc. COM | 0.89% | 0.24% | 0.24% |
 IBOCInternational Bancshares Corporation | 0.27% | 0.22% | 0.22% |
 HPHelmerich & Payne Inc COM | 0.51% | 0.21% | 0.21% |
 PSMTPricesmart Inc COM | 0.26% | 0.21% | 0.21% |
 ASBAssociated Banc-Corp COM | 0.50% | 0.21% | 0.21% |
 FULTFulton Financial Corporation COM | 0.44% | 0.20% | 0.20% |
 SEBSeaboard Corp Del COM | 0.24% | 0.20% | 0.20% |
 CNOCNO Financial Group, Inc. COM | 0.20% | 0.20% | 0.20% |
 CATYCathay General Bancorp COM | 0.30% | 0.20% | 0.20% |
 FBPFirst Bancorp Puerto Rico COM USD1 | 0.58% | 0.19% | 0.19% |
 CALMCal-Maine Foods Inc. COM NEW | 0.97% | 0.19% | 0.19% |
 ASOAcademy Sports and Outdoors Inc COM | 0.23% | 0.19% | 0.19% |
 BFHBread Financial Holdings Inc COM | 0.19% | 0.21% | 0.19% |
 TEXTerex Corporation COM | 0.28% | 0.19% | 0.19% |
 RNSTRenasant Corp. COM | 0.26% | 0.18% | 0.18% |
 SLGNSilgan Holdings Inc. COM | 0.38% | 0.18% | 0.18% |
 UCBUnited Community Banks Inc.(South Carolina) COM | 0.38% | 0.18% | 0.18% |
Showing the top 250 of 373 shared holdings by overlap weight.
Frequently Asked Questions
How much do DES and DFAT overlap?
DES and DFAT overlap by 22.7% of portfolio weight. They share 373 holdings (DES holds 530 positions and DFAT holds 1281), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DES and DFAT?
The two portfolios are 22.7% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of DES and DFAT?
The largest positions held by both funds are AVT, LBRT, MATX, DAN and BC. Together the top 10 shared positions account for 12% of the total overlap.
What does DES own that DFAT doesn't?
157 positions (32.8% of DES) are unique to DES, led by EPR, NWE and TNL. In the other direction, 908 positions (76.8% of DFAT) are unique to DFAT.