DES vs XME: Holdings Overlap
DESWisdomTree U.S. SmallCap Dividend Fund
WisdomTree · 530 holdings · $2.2B · as of 2026-03-31
XMEState Street® SPDR® S&P® Metals & Mining ETF
State Street (SPDR) · 39 holdings · $4.0B · as of 2026-08-06
Holdings snapshots are 128 days apart (DES: 2026-03-31, XME: 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 XME?
WisdomTree U.S. SmallCap Dividend Fund (DES, by WisdomTree) holds 530 positions; State Street® SPDR® S&P® Metals & Mining ETF (XME, by State Street (SPDR)) holds 39. They have 6 holdings in common, and by portfolio weight the two funds are 1.4% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 1.4%Sum of the smaller weight of each shared holding
- Shared Holdings
- 6DES holds 530 · XME holds 39
- Weight in Shared Holdings
- DES 1%·XME 15%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
524 of 530 positions (98.4% of the fund) are not held by XME. Showing the top 30 by weight.
Sector Breakdown
| Sector | DES | XME |
|---|---|---|
| Materials | 7.7% | 76.0% |
| Financials | 23.2% | 0.0% |
| Energy | 11.3% | 20.5% |
| Consumer Discretionary | 13.8% | 0.0% |
| Industrials | 13.1% | 0.0% |
| Other Sectors | 26.4% | 0.0% |
| Unclassified | 4.2% | 3.4% |
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, 3% of XME).
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% |
| XME | +12.9% | +11.8% | +49.0% | +31.5% | +22.7% | +16.4% | 0.32% |
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 XME →
Shared Holdings(6)
The top 6 shared positions account for 100% of the overlap, led by KALU, RYZ and BTU.
 KALUKaiser Aluminium Corporation COM PAR $0.01 | 0.40% | 2.49% | 0.40% |
|---|---|---|---|
 RYZRyerson Holding Corporation COM | 0.26% | 0.66% | 0.26% |
 BTUPeabody Energy Corp. COM | 0.24% | 3.32% | 0.24% |
 HCCWarrior Met Coal Inc COM | 0.20% | 3.84% | 0.20% |
 WSWorthington Steel Inc. COM SHS | 0.17% | 0.64% | 0.17% |
 MTRNMaterion Corp COM | 0.15% | 3.82% | 0.15% |
Frequently Asked Questions
How much do DES and XME overlap?
DES and XME overlap by 1.4% of portfolio weight. They share 6 holdings (DES holds 530 positions and XME holds 39), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DES and XME?
The two portfolios are 1.4% 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 XME?
The largest positions held by both funds are KALU, RYZ, BTU, HCC and WS. Together the top 6 shared positions account for 100% of the total overlap.
What does DES own that XME doesn't?
524 positions (98.4% of DES) are unique to DES, led by SON, TFSL and KGS. In the other direction, 33 positions (85.2% of XME) are unique to XME.