DES vs VTWO: Holdings Overlap
DESWisdomTree U.S. SmallCap Dividend Fund
WisdomTree · 530 holdings · $2.2B · as of 2026-03-31
VTWOVanguard Russell 2000 Index Fund
Vanguard · 1952 holdings · $17.4B · as of 2026-05-31
Holdings snapshots are 61 days apart (DES: 2026-03-31, VTWO: 2026-05-31). 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 VTWO?
WisdomTree U.S. SmallCap Dividend Fund (DES, by WisdomTree) holds 530 positions; Vanguard Russell 2000 Index Fund (VTWO, by Vanguard) holds 1952. They have 480 holdings in common, and by portfolio weight the two funds are 22.6% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 22.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 480DES holds 530 · VTWO holds 1952
- Weight in Shared Holdings
- DES 83%·VTWO 23%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
50 of 530 positions (16.7% of the fund) are not held by VTWO. Showing the top 30 by weight.
Only in VTWO
1472 of 1952 positions (77.0% of the fund) are not held by DES. Showing the top 30 by weight.
Sector Breakdown
| Sector | DES | VTWO |
|---|---|---|
| Financials | 23.2% | 14.3% |
| Industrials | 13.1% | 19.4% |
| Information Technology | 3.3% | 17.8% |
| Health Care | 2.0% | 15.5% |
| Consumer Discretionary | 13.8% | 7.3% |
| Other Sectors | 40.1% | 20.8% |
| Unclassified | 4.2% | 4.8% |
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, 5% of VTWO).
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% |
| VTWO | +1.8% | +23.1% | +38.8% | +17.3% | +7.7% | +11.0% | 1.07% |
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 VTWO →
Shared Holdings(480)
The top 10 shared positions account for 8% of the overlap, led by POWL, TEX and KGS.
 POWLPowell Industries Inc. COM | 0.29% | 0.24% | 0.24% |
|---|---|---|---|
 TEXTerex Corporation COM | 0.28% | 0.19% | 0.19% |
 KGSKodiak Gas Services Inc. COM | 1.03% | 0.18% | 0.18% |
 MACThe Macerich Company COM | 0.25% | 0.18% | 0.18% |
 AROCArchrock Inc COM | 0.85% | 0.17% | 0.17% |
 MATXMatson Inc COM | 0.35% | 0.16% | 0.16% |
 KLICKulicke and Soffa Industries, Inc. COM | 0.32% | 0.15% | 0.15% |
 HASIHannon Armstrong Sustainable Infrastructure Capital, Inc. | 0.75% | 0.15% | 0.15% |
 PECOPhillips Edison & Co Inc COMMON STOCK | 0.21% | 0.15% | 0.15% |
 VSECVSE Corp. COM | 0.19% | 0.15% | 0.15% |
 MGYMagnolia Oil & Gas Corporation CL A | 0.63% | 0.15% | 0.15% |
 HCCWarrior Met Coal Inc COM | 0.20% | 0.14% | 0.14% |
 YOUClear Secure, Inc., Class A | 0.48% | 0.14% | 0.14% |
 SXTSensient Technologies Corp COM | 0.30% | 0.14% | 0.14% |
 OUTOUTFRONT Media Inc COM NEW | 0.77% | 0.14% | 0.14% |
 POWIPower Integrations Inc. COM | 0.35% | 0.14% | 0.14% |
 ASBAssociated Banc-Corp COM | 0.50% | 0.14% | 0.14% |
 LBRTLiberty Energy, Inc., Class A | 0.43% | 0.14% | 0.14% |
 CBTCabot Corporation COM | 0.49% | 0.13% | 0.13% |
 MTRNMaterion Corp COM | 0.15% | 0.13% | 0.13% |
 FFINFirst Financial Bankshares Inc COM | 0.31% | 0.13% | 0.13% |
 PSMTPricesmart Inc COM | 0.26% | 0.13% | 0.13% |
 NWENorthWestern Energy Group Inc COM NEW | 0.92% | 0.13% | 0.13% |
 CRCCalifornia Resources Corporation COM STOCK | 0.91% | 0.13% | 0.13% |
 CNOCNO Financial Group, Inc. COM | 0.20% | 0.13% | 0.13% |
Showing the top 250 of 480 shared holdings by overlap weight.
Frequently Asked Questions
How much do DES and VTWO overlap?
DES and VTWO overlap by 22.6% of portfolio weight. They share 480 holdings (DES holds 530 positions and VTWO holds 1952), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DES and VTWO?
The two portfolios are 22.6% 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 VTWO?
The largest positions held by both funds are POWL, TEX, KGS, MAC and AROC. Together the top 10 shared positions account for 8% of the total overlap.
What does DES own that VTWO doesn't?
50 positions (16.7% of DES) are unique to DES, led by SON, TFSL and EPR. In the other direction, 1472 positions (77.0% of VTWO) are unique to VTWO.