DES vs SPMD: Holdings Overlap
DESWisdomTree U.S. SmallCap Dividend Fund
WisdomTree · 530 holdings · $2.2B · as of 2026-03-31
SPMDState Street® SPDR® Portfolio S&P 400™ Mid Cap ETF
State Street (SPDR) · 399 holdings · $18.5B · as of 2026-08-06
Holdings snapshots are 128 days apart (DES: 2026-03-31, SPMD: 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 SPMD?
WisdomTree U.S. SmallCap Dividend Fund (DES, by WisdomTree) holds 530 positions; State Street® SPDR® Portfolio S&P 400™ Mid Cap ETF (SPMD, by State Street (SPDR)) holds 399. They have 35 holdings in common, and by portfolio weight the two funds are 4.1% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 4.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 35DES holds 530 · SPMD holds 399
- Weight in Shared Holdings
- DES 16%·SPMD 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
495 of 530 positions (84.3% of the fund) are not held by SPMD. Showing the top 30 by weight.
Sector Breakdown
| Sector | DES | SPMD |
|---|---|---|
| Industrials | 13.1% | 26.0% |
| Financials | 23.2% | 16.1% |
| Information Technology | 3.3% | 15.7% |
| Consumer Discretionary | 13.8% | 11.7% |
| Energy | 11.3% | 4.6% |
| Other Sectors | 30.8% | 31.5% |
| 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 SPMD).
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% |
| SPMD | +3.1% | +18.5% | +26.0% | +14.6% | +9.1% | +11.3% | 1.19% |
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 SPMD →
Shared Holdings(35)
The top 10 shared positions account for 39% of the overlap, led by AVT, TEX and RYN.
 AVTAvnet, Inc. COM | 0.60% | 0.22% | 0.22% |
|---|---|---|---|
 TEXTerex Corporation COM | 0.28% | 0.21% | 0.21% |
 RYNRayonier Inc COM | 0.37% | 0.16% | 0.16% |
 SONSonoco Products Company COM | 1.06% | 0.15% | 0.15% |
 SAICScience Applications International Corp. COM | 0.35% | 0.15% | 0.15% |
 BCBrunswick Corporation COM | 0.50% | 0.14% | 0.14% |
 CNOCNO Financial Group, Inc. COM | 0.20% | 0.14% | 0.14% |
 PBFPBF Energy, Inc., Class A | 0.74% | 0.14% | 0.14% |
 ASBAssociated Banc-Corp COM | 0.50% | 0.14% | 0.14% |
 BDCBelden Inc. COM | 0.19% | 0.14% | 0.14% |
 CUZCousins Properties Inc. COM NEW | 0.34% | 0.13% | 0.13% |
 TNLTravel Plus Leisure Co COM | 0.85% | 0.13% | 0.13% |
 EPREPR Properties COM SH BEN INT | 0.99% | 0.13% | 0.13% |
 FHIFederated Hermes, Inc., Class B | 0.56% | 0.13% | 0.13% |
 FFINFirst Financial Bankshares Inc COM | 0.31% | 0.12% | 0.12% |
 CBTCabot Corporation COM | 0.49% | 0.12% | 0.12% |
 NWENorthWestern Energy Group Inc COM NEW | 0.92% | 0.12% | 0.12% |
 CDPCOPT Defense Properties SHS BEN INT | 0.35% | 0.12% | 0.12% |
 IBOCInternational Bancshares Corporation | 0.27% | 0.11% | 0.11% |
 BBWIBath & Body Works Inc COM | 0.65% | 0.11% | 0.11% |
 IRTIndependence Realty Trust Inc COM | 0.16% | 0.11% | 0.11% |
 PVHPVH Corp. COM | 0.14% | 0.11% | 0.11% |
 AVNTAvient Corporation COM | 0.52% | 0.11% | 0.11% |
 PIIPolaris Inc. COM | 0.50% | 0.10% | 0.10% |
 SLGNSilgan Holdings Inc. COM | 0.38% | 0.10% | 0.10% |
Frequently Asked Questions
How much do DES and SPMD overlap?
DES and SPMD overlap by 4.1% of portfolio weight. They share 35 holdings (DES holds 530 positions and SPMD holds 399), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DES and SPMD?
The two portfolios are 4.1% 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 SPMD?
The largest positions held by both funds are AVT, TEX, RYN, SON and SAIC. Together the top 10 shared positions account for 39% of the total overlap.
What does DES own that SPMD doesn't?
495 positions (84.3% of DES) are unique to DES, led by TFSL, KGS and CALM. In the other direction, 364 positions (101.6% of SPMD) are unique to SPMD.