DES vs FENY: Holdings Overlap
DESWisdomTree U.S. SmallCap Dividend Fund
WisdomTree · 530 holdings · $2.2B · as of 2026-03-31
FENYFidelity MSCI Energy Index ETF
Fidelity · 98 holdings · $2.0B · as of 2026-04-30
Holdings snapshots are 30 days apart (DES: 2026-03-31, FENY: 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 FENY?
WisdomTree U.S. SmallCap Dividend Fund (DES, by WisdomTree) holds 530 positions; Fidelity MSCI Energy Index ETF (FENY, by Fidelity) holds 98. They have 22 holdings in common, and by portfolio weight the two funds are 3.5% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 3.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 22DES holds 530 · FENY holds 98
- Weight in Shared Holdings
- DES 10%·FENY 4%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
508 of 530 positions (89.3% of the fund) are not held by FENY. Showing the top 30 by weight.
Sector Breakdown
| Sector | DES | FENY |
|---|---|---|
| Energy | 11.3% | 99.7% |
| Financials | 23.2% | 0.0% |
| Consumer Discretionary | 13.8% | 0.0% |
| Industrials | 13.1% | 0.0% |
| Real Estate | 9.4% | 0.0% |
| Other Sectors | 24.7% | 0.0% |
| Unclassified | 4.2% | 0.0% |
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, 0% of FENY).
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% |
| FENY | +5.2% | +30.6% | +40.9% | +13.4% | +22.8% | +9.3% | 2.43% |
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 FENY →
Shared Holdings(22)
The top 10 shared positions account for 64% of the overlap, led by AROC, KGS and LBRT.
 AROCArchrock Inc COM | 0.85% | 0.29% | 0.29% |
|---|---|---|---|
 KGSKodiak Gas Services Inc. COM | 1.03% | 0.28% | 0.28% |
 LBRTLiberty Energy Inc COM CL A | 0.43% | 0.25% | 0.25% |
 MGYMagnolia Oil & Gas Corporation CL A | 0.63% | 0.24% | 0.24% |
 PTENPatterson-UTI Energy Inc. COM | 0.89% | 0.22% | 0.22% |
 CRCCalifornia Resources Corporation COM STOCK | 0.91% | 0.22% | 0.22% |
 CRGYCrescent Energy Co. CL A COM | 0.71% | 0.20% | 0.20% |
 HPHelmerich & Payne Inc COM | 0.51% | 0.19% | 0.19% |
 PBFPBF Energy Inc CL A | 0.74% | 0.19% | 0.19% |
 WHDCactus Inc CL A | 0.22% | 0.18% | 0.18% |
 SEISolaris Energy Infrastructure Inc COM CL A | 0.18% | 0.17% | 0.17% |
 DKDelek US Holdings Inc. COM | 0.35% | 0.15% | 0.15% |
 BTUPeabody Energy Corp. COM | 0.24% | 0.15% | 0.15% |
 SUNCSunocoCorp LLC COM SHS LLC | 0.52% | 0.15% | 0.15% |
 NOGNorthern Oil And Gas, Inc. COM | 0.72% | 0.13% | 0.13% |
 WTTRSelect Water Solutions Inc CL A COM | 0.26% | 0.12% | 0.12% |
 DECDiversified Energy Co. COMMON STOCK | 0.36% | 0.08% | 0.08% |
 RESRPC Inc COM | 0.25% | 0.07% | 0.07% |
 EEExcelerate Energy Inc. CL A COM | 0.14% | 0.06% | 0.06% |
 REPXRiley Exploration Permian Inc. COM | 0.22% | 0.06% | 0.06% |
 GRNTGranite Ridge Resources Inc COM | 0.21% | 0.05% | 0.05% |
 CLBCore Laboratories Inc COM | 0.09% | 0.05% | 0.05% |
Frequently Asked Questions
How much do DES and FENY overlap?
DES and FENY overlap by 3.5% of portfolio weight. They share 22 holdings (DES holds 530 positions and FENY holds 98), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DES and FENY?
The two portfolios are 3.5% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of DES and FENY?
The largest positions held by both funds are AROC, KGS, LBRT, MGY and PTEN. Together the top 10 shared positions account for 64% of the total overlap.
What does DES own that FENY doesn't?
508 positions (89.3% of DES) are unique to DES, led by SON, TFSL and EPR. In the other direction, 76 positions (96.2% of FENY) are unique to FENY.