DES vs FVD: Holdings Overlap
DESWisdomTree U.S. SmallCap Dividend Fund
WisdomTree · 530 holdings · $2.2B · as of 2026-03-31
FVDFirst Trust Value Line Dividend Index Fund
First Trust · 236 holdings · $8.4B · as of 2026-03-31
How similar are DES and FVD?
WisdomTree U.S. SmallCap Dividend Fund (DES, by WisdomTree) holds 530 positions; First Trust Value Line Dividend Index Fund (FVD, by First Trust) holds 236. They have 11 holdings in common, and by portfolio weight the two funds are 3.9% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 3.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 11DES holds 530 · FVD holds 236
- Weight in Shared Holdings
- DES 5%·FVD 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 DES
519 of 530 positions (94.4% of the fund) are not held by FVD. Showing the top 30 by weight.
Only in FVD
225 of 236 positions (95.1% of the fund) are not held by DES. Showing the top 30 by weight.
Sector Breakdown
| Sector | DES | FVD |
|---|---|---|
| Financials | 23.2% | 18.5% |
| Utilities | 4.8% | 18.9% |
| Industrials | 13.1% | 15.1% |
| Consumer Discretionary | 13.8% | 3.0% |
| Energy | 11.3% | 3.4% |
| Other Sectors | 29.3% | 36.2% |
| Unclassified | 4.2% | 4.7% |
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, 5% of FVD).
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% |
| FVD | +2.8% | +11.6% | +14.7% | +10.6% | +6.9% | +8.8% | 2.20% |
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 FVD →
Shared Holdings(11)
The top 10 shared positions account for 94% of the overlap, led by SON, AVA and NWN.
 SONSonoco Products Company COM | 1.06% | 0.44% | 0.44% |
|---|---|---|---|
 AVAAvista Corporation COM | 0.65% | 0.43% | 0.43% |
 NWNNorthwest Natural Holding Company COM | 0.56% | 0.43% | 0.43% |
 NWENorthWestern Energy Group Inc COM NEW | 0.92% | 0.43% | 0.43% |
 NWBINorthwest Bancshares Inc COM | 0.37% | 0.43% | 0.37% |
 AWRAmerican States Water Co. COM | 0.36% | 0.43% | 0.36% |
 CWTCalifornia Water Service Group COM | 0.33% | 0.43% | 0.33% |
 MGEEMGE Energy Inc. COM | 0.33% | 0.43% | 0.33% |
 CPKChesapeake Utilities Corporation COM | 0.30% | 0.42% | 0.30% |
 BRCBrady Corp CL A | 0.25% | 0.41% | 0.25% |
 FELEFranklin Electric Co Inc COM | 0.24% | 0.42% | 0.24% |
Frequently Asked Questions
How much do DES and FVD overlap?
DES and FVD overlap by 3.9% of portfolio weight. They share 11 holdings (DES holds 530 positions and FVD holds 236), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DES and FVD?
The two portfolios are 3.9% 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 FVD?
The largest positions held by both funds are SON, AVA, NWN, NWE and NWBI. Together the top 10 shared positions account for 94% of the total overlap.
What does DES own that FVD doesn't?
519 positions (94.4% of DES) are unique to DES, led by TFSL, KGS and EPR. In the other direction, 225 positions (95.1% of FVD) are unique to FVD.