DES vs SPSM: Holdings Overlap
DESWisdomTree U.S. SmallCap Dividend Fund
WisdomTree · 530 holdings · $2.2B · as of 2026-03-31
SPSMState Street® SPDR® Portfolio S&P 600™ Small Cap ETF
State Street (SPDR) · 604 holdings · $17.3B · as of 2026-08-06
Holdings snapshots are 128 days apart (DES: 2026-03-31, SPSM: 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 SPSM?
WisdomTree U.S. SmallCap Dividend Fund (DES, by WisdomTree) holds 530 positions; State Street® SPDR® Portfolio S&P 600™ Small Cap ETF (SPSM, by State Street (SPDR)) holds 604. They have 223 holdings in common, and by portfolio weight the two funds are 31.1% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 31.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 223DES holds 530 · SPSM holds 604
- Weight in Shared Holdings
- DES 59%·SPSM 33%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
307 of 530 positions (40.8% of the fund) are not held by SPSM. Showing the top 30 by weight.
Only in SPSM
381 of 604 positions (66.5% of the fund) are not held by DES. Showing the top 30 by weight.
Sector Breakdown
| Sector | DES | SPSM |
|---|---|---|
| Financials | 23.2% | 19.0% |
| Industrials | 13.1% | 17.4% |
| Consumer Discretionary | 13.8% | 13.9% |
| Information Technology | 3.3% | 12.8% |
| Energy | 11.3% | 5.8% |
| Other Sectors | 30.8% | 29.9% |
| Unclassified | 4.2% | 0.9% |
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, 1% of SPSM).
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% |
| SPSM | +2.4% | +24.5% | +36.5% | +14.6% | +7.7% | +10.9% | 1.36% |
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 SPSM →
Shared Holdings(223)
The top 10 shared positions account for 9% of the overlap, led by MATX, AROC and MGY.
 MATXMatson Inc COM | 0.35% | 0.34% | 0.34% |
|---|---|---|---|
 AROCArchrock Inc COM | 0.85% | 0.32% | 0.32% |
 MGYMagnolia Oil & Gas Corporation CL A | 0.63% | 0.31% | 0.31% |
 KGSKodiak Gas Services Inc. COM | 1.03% | 0.30% | 0.30% |
 SXTSensient Technologies Corp COM | 0.30% | 0.30% | 0.30% |
 POWLPowell Industries Inc. COM | 0.29% | 0.32% | 0.29% |
 IRDMIridium Communications, Inc. COM | 0.50% | 0.28% | 0.28% |
 VCTRVictory Capital Holdings, Inc. COM CL A | 0.44% | 0.27% | 0.27% |
 CAKECheesecake Factory, Inc. (The) | 0.31% | 0.27% | 0.27% |
 HASIHannon Armstrong Sustainable Infrastructure Capital, Inc. | 0.75% | 0.27% | 0.27% |
 EBCEastern Bankshares Inc COM | 0.40% | 0.27% | 0.27% |
 RUSHARush Enterprises, Inc., Class A | 0.33% | 0.27% | 0.27% |
 YOUClear Secure, Inc., Class A | 0.48% | 0.26% | 0.26% |
 OUTOUTFRONT Media Inc COM NEW | 0.77% | 0.26% | 0.26% |
 KLICKulicke and Soffa Industries, Inc. COM | 0.32% | 0.26% | 0.26% |
 MACThe Macerich Company COM | 0.25% | 0.36% | 0.25% |
 FULTFulton Financial Corporation COM | 0.44% | 0.25% | 0.25% |
 VIRTVirtu Financial, Inc., Class A | 0.30% | 0.25% | 0.25% |
 PSMTPricesmart Inc COM | 0.26% | 0.25% | 0.25% |
 AZZAZZ Inc COM | 0.25% | 0.25% | 0.25% |
 FBPFirst Bancorp Puerto Rico COM USD1 | 0.58% | 0.24% | 0.24% |
 MDUMDU Resources Group, Inc. COM | 0.49% | 0.24% | 0.24% |
 KFYKorn Ferry COM NEW | 0.41% | 0.24% | 0.24% |
 BRCBrady Corp., Class A | 0.25% | 0.24% | 0.24% |
 CATYCathay General Bancorp COM | 0.30% | 0.23% | 0.23% |
Frequently Asked Questions
How much do DES and SPSM overlap?
DES and SPSM overlap by 31.1% of portfolio weight. They share 223 holdings (DES holds 530 positions and SPSM holds 604), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DES and SPSM?
The two portfolios are 31.1% 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 SPSM?
The largest positions held by both funds are MATX, AROC, MGY, KGS and SXT. Together the top 10 shared positions account for 9% of the total overlap.
What does DES own that SPSM doesn't?
307 positions (40.8% of DES) are unique to DES, led by SON, TFSL and EPR. In the other direction, 381 positions (66.5% of SPSM) are unique to SPSM.