DES vs IWN: Holdings Overlap
DESWisdomTree U.S. SmallCap Dividend Fund
WisdomTree · 530 holdings · $2.2B · as of 2026-03-31
IWNiShares Russell 2000 Value ETF
iShares · 1406 holdings · $14.7B · as of 2026-03-31
How similar are DES and IWN?
WisdomTree U.S. SmallCap Dividend Fund (DES, by WisdomTree) holds 530 positions; iShares Russell 2000 Value ETF (IWN, by iShares) holds 1406. They have 415 holdings in common, and by portfolio weight the two funds are 31.3% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 31.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 415DES holds 530 · IWN holds 1406
- Weight in Shared Holdings
- DES 68%·IWN 34%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
115 of 530 positions (31.9% of the fund) are not held by IWN. Showing the top 30 by weight.
Sector Breakdown
| Sector | DES | IWN |
|---|---|---|
| Financials | 23.2% | 22.4% |
| Consumer Discretionary | 13.8% | 8.7% |
| Industrials | 13.1% | 11.9% |
| Energy | 11.3% | 8.5% |
| Health Care | 2.0% | 10.0% |
| Other Sectors | 32.1% | 31.1% |
| Unclassified | 4.2% | 7.1% |
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, 7% of IWN).
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% |
| IWN | +2.4% | +25.3% | +42.6% | +16.8% | +9.0% | +10.2% | 1.41% |
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 IWN →
Shared Holdings(415)
The top 10 shared positions account for 10% of the overlap, led by CRC, MATX and HASI.
 CRCCalifornia Resources Corporation COM STOCK | 0.91% | 0.35% | 0.35% |
|---|---|---|---|
 MATXMatson Inc COM | 0.35% | 0.35% | 0.35% |
 HASIHannon Armstrong Sustainable Infrastructure Capital, Inc. | 0.75% | 0.32% | 0.32% |
 MGYMagnolia Oil & Gas Corporation CL A | 0.63% | 0.31% | 0.31% |
 LBRTLiberty Energy, Inc., Class A | 0.43% | 0.31% | 0.31% |
 ASBAssociated Banc-Corp COM | 0.50% | 0.30% | 0.30% |
 EBCEastern Bankshares Inc COM | 0.40% | 0.29% | 0.29% |
 NWENorthWestern Energy Group Inc COM NEW | 0.92% | 0.28% | 0.28% |
 PBFPBF Energy, Inc., Class A | 0.74% | 0.28% | 0.28% |
 TEXTerex Corporation COM | 0.28% | 0.26% | 0.26% |
 DANDana Inc. COM | 0.39% | 0.26% | 0.26% |
 UCBUnited Community Banks Inc.(South Carolina) COM | 0.38% | 0.26% | 0.26% |
 PTENPatterson-UTI Energy Inc. COM | 0.89% | 0.26% | 0.26% |
 INDBIndependent Bank Corp. COM | 0.36% | 0.26% | 0.26% |
 FULTFulton Financial Corporation COM | 0.44% | 0.26% | 0.26% |
 MACThe Macerich Company COM | 0.25% | 0.34% | 0.25% |
 HPHelmerich & Payne Inc COM | 0.51% | 0.25% | 0.25% |
 BNLBroadstone Net Lease Inc COM | 0.42% | 0.24% | 0.24% |
 CDPCOPT Defense Properties SHS BEN INT | 0.35% | 0.24% | 0.24% |
 CRGYCrescent Energy, Inc., Class A | 0.71% | 0.24% | 0.24% |
 RNSTRenasant Corp. COM | 0.26% | 0.24% | 0.24% |
 BTUPeabody Energy Corp. COM | 0.24% | 0.28% | 0.24% |
 BKUBankUnited Inc. COM | 0.28% | 0.23% | 0.23% |
 FULH B Fuller Company COM | 0.27% | 0.23% | 0.23% |
 ASOAcademy Sports and Outdoors Inc COM | 0.23% | 0.26% | 0.23% |
Showing the top 250 of 415 shared holdings by overlap weight.
Frequently Asked Questions
How much do DES and IWN overlap?
DES and IWN overlap by 31.3% of portfolio weight. They share 415 holdings (DES holds 530 positions and IWN holds 1406), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DES and IWN?
The two portfolios are 31.3% identical by weight. Owning both is defensible: they share a meaningful core, but each fund adds exposure the other lacks.
What are the biggest shared holdings of DES and IWN?
The largest positions held by both funds are CRC, MATX, HASI, MGY and LBRT. Together the top 10 shared positions account for 10% of the total overlap.
What does DES own that IWN doesn't?
115 positions (31.9% of DES) are unique to DES, led by SON, TFSL and KGS. In the other direction, 991 positions (66.1% of IWN) are unique to IWN.