DES vs USRT: Holdings Overlap
DESWisdomTree U.S. SmallCap Dividend Fund
WisdomTree · 530 holdings · $2.2B · as of 2026-03-31
USRTiShares Core U.S. REIT ETF
iShares · 127 holdings · $4.7B · as of 2026-04-30
Holdings snapshots are 30 days apart (DES: 2026-03-31, USRT: 2026-04-30). 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 USRT?
WisdomTree U.S. SmallCap Dividend Fund (DES, by WisdomTree) holds 530 positions; iShares Core U.S. REIT ETF (USRT, by iShares) holds 127. They have 54 holdings in common, and by portfolio weight the two funds are 6.5% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 6.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 54DES holds 530 · USRT holds 127
- Weight in Shared Holdings
- DES 9%·USRT 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
476 of 530 positions (91.1% of the fund) are not held by USRT. Showing the top 30 by weight.
Sector Breakdown
| Sector | DES | USRT |
|---|---|---|
| Real Estate | 9.4% | 99.6% |
| 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% | 0.2% |
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 USRT).
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% |
| USRT | -0.4% | +19.4% | +22.9% | +12.1% | +5.0% | +6.0% | 2.53% |
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 USRT →
Shared Holdings(54)
The top 10 shared positions account for 48% of the overlap, led by OUT, EPR and CUZ.
 OUTOUTFRONT Media Inc COM NEW | 0.77% | 0.39% | 0.39% |
|---|---|---|---|
 EPREPR Properties COM SH BEN INT | 0.99% | 0.36% | 0.36% |
 CUZCousins Properties Inc. COM NEW | 0.34% | 0.37% | 0.34% |
 BNLBroadstone Net Lease Inc COM | 0.42% | 0.32% | 0.32% |
 NHINational Health Investors, Inc. COM | 0.55% | 0.31% | 0.31% |
 CDPCOPT Defense Properties SHS BEN INT | 0.35% | 0.30% | 0.30% |
 COLDAmericold Realty Trust Inc COM | 0.57% | 0.30% | 0.30% |
 SLGSl Green Realty Corp COM | 0.32% | 0.26% | 0.26% |
| National Storage Affiliates Trust COM SHS BEN IN | 0.30% | 0.26% | 0.26% |
 LXPLXP Industrial Trust COM | 0.48% | 0.25% | 0.25% |
 MACThe Macerich Company COM | 0.25% | 0.48% | 0.25% |
 HIWHighwoods Properties, Inc. COM | 0.30% | 0.23% | 0.23% |
 MPTMedical Properties Trust Inc. COM | 0.32% | 0.21% | 0.21% |
 PECOPhillips Edison & Co Inc COMMON STOCK | 0.21% | 0.43% | 0.21% |
 SKTTanger Inc. COM | 0.18% | 0.36% | 0.18% |
 FCPTFour Corners Property Trust Inc. COM | 0.17% | 0.23% | 0.17% |
 IRTIndependence Realty Trust Inc COM | 0.16% | 0.34% | 0.16% |
 AKRAcadia Realty Trust COM SH BEN INT | 0.12% | 0.24% | 0.12% |
 CURBCurbline Properties Corp. COM | 0.11% | 0.23% | 0.11% |
 UEUrban Edge Properties COM | 0.11% | 0.24% | 0.11% |
 GTYGetty Realty Corp COM | 0.09% | 0.15% | 0.09% |
| Veris Residential Inc COM | 0.09% | 0.13% | 0.09% |
 IVTInventrust Properties Corporation COM NEW | 0.09% | 0.21% | 0.09% |
 DRHDiamondRock Hospitality Co. COM | 0.08% | 0.18% | 0.08% |
 LTCLTC Properties Inc COM | 0.08% | 0.15% | 0.08% |
Frequently Asked Questions
How much do DES and USRT overlap?
DES and USRT overlap by 6.5% of portfolio weight. They share 54 holdings (DES holds 530 positions and USRT holds 127), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DES and USRT?
The two portfolios are 6.5% 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 USRT?
The largest positions held by both funds are OUT, EPR, CUZ, BNL and NHI. Together the top 10 shared positions account for 48% of the total overlap.
What does DES own that USRT doesn't?
476 positions (91.1% of DES) are unique to DES, led by SON, TFSL and KGS. In the other direction, 73 positions (90.7% of USRT) are unique to USRT.