DES vs RWR: Holdings Overlap
DESWisdomTree U.S. SmallCap Dividend Fund
WisdomTree · 530 holdings · $2.2B · as of 2026-03-31
RWRState Street® SPDR® Dow Jones® REIT ETF
State Street (SPDR) · 97 holdings · $1.9B · as of 2026-08-06
Holdings snapshots are 128 days apart (DES: 2026-03-31, RWR: 2026-08-06). 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 RWR?
WisdomTree U.S. SmallCap Dividend Fund (DES, by WisdomTree) holds 530 positions; State Street® SPDR® Dow Jones® REIT ETF (RWR, by State Street (SPDR)) holds 97. They have 34 holdings in common, and by portfolio weight the two funds are 5.6% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 5.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 34DES holds 530 · RWR holds 97
- Weight in Shared Holdings
- DES 7%·RWR 9%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
496 of 530 positions (92.9% of the fund) are not held by RWR. Showing the top 30 by weight.
Sector Breakdown
| Sector | DES | RWR |
|---|---|---|
| Real Estate | 9.4% | 99.0% |
| Financials | 23.2% | 0.0% |
| Consumer Discretionary | 13.8% | 0.0% |
| Industrials | 13.1% | 0.0% |
| Energy | 11.3% | 0.0% |
| Other Sectors | 24.7% | 0.0% |
| Unclassified | 4.2% | 0.1% |
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, 0% of RWR).
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% |
| RWR | -0.8% | +18.6% | +23.5% | +11.8% | +4.3% | +4.9% | 3.29% |
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 RWR →
Shared Holdings(34)
The top 10 shared positions account for 61% of the overlap, led by EPR, COLD and BNL.
 EPREPR Properties COM SH BEN INT | 0.99% | 0.44% | 0.44% |
|---|---|---|---|
 COLDAmericold Realty Trust Inc COM | 0.57% | 0.38% | 0.38% |
 BNLBroadstone Net Lease Inc COM | 0.42% | 0.38% | 0.38% |
 CDPCOPT Defense Properties SHS BEN INT | 0.35% | 0.39% | 0.35% |
 NHINational Health Investors, Inc. COM | 0.55% | 0.34% | 0.34% |
 CUZCousins Properties Inc. COM NEW | 0.34% | 0.46% | 0.34% |
 LXPLXP Industrial Trust COM | 0.48% | 0.33% | 0.33% |
 SLGSl Green Realty Corp COM | 0.32% | 0.36% | 0.32% |
 HIWHighwoods Properties, Inc. COM | 0.30% | 0.32% | 0.30% |
 MACThe Macerich Company COM | 0.25% | 0.62% | 0.25% |
 MPTMedical Properties Trust Inc. COM | 0.32% | 0.21% | 0.21% |
 PECOPhillips Edison & Co Inc COMMON STOCK | 0.21% | 0.48% | 0.21% |
 SKTTanger Inc. COM | 0.18% | 0.42% | 0.18% |
 FCPTFour Corners Property Trust Inc. COM | 0.17% | 0.26% | 0.17% |
 IRTIndependence Realty Trust Inc COM | 0.16% | 0.37% | 0.16% |
 AKRAcadia Realty Trust COM SH BEN INT | 0.12% | 0.26% | 0.12% |
 CURBCurbline Properties Corp. COM | 0.11% | 0.27% | 0.11% |
 UEUrban Edge Properties COM | 0.11% | 0.25% | 0.11% |
 GTYGetty Realty Corp COM | 0.09% | 0.17% | 0.09% |
 DRHDiamondRock Hospitality Co. COM | 0.08% | 0.24% | 0.08% |
 SHOSunstone Hotel Investors Inc. COM | 0.08% | 0.20% | 0.08% |
 DHCDiversified Healthcare Trust COM SH BEN INT | 0.07% | 0.18% | 0.07% |
 NTSTNETSTREIT Corp. COM | 0.07% | 0.19% | 0.07% |
 PEBPebblebrook Hotel Trust COM | 0.07% | 0.19% | 0.07% |
 AATAmerican Assets Trust Inc. COM | 0.07% | 0.10% | 0.07% |
Frequently Asked Questions
How much do DES and RWR overlap?
DES and RWR overlap by 5.6% of portfolio weight. They share 34 holdings (DES holds 530 positions and RWR holds 97), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DES and RWR?
The two portfolios are 5.6% 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 RWR?
The largest positions held by both funds are EPR, COLD, BNL, CDP and NHI. Together the top 10 shared positions account for 61% of the total overlap.
What does DES own that RWR doesn't?
496 positions (92.9% of DES) are unique to DES, led by SON, TFSL and KGS. In the other direction, 63 positions (90.5% of RWR) are unique to RWR.