DFAS vs VBK: Holdings Overlap
DFASDimensional U.S. Small Cap ETF
Dimensional · 2121 holdings · $15.3B · as of 2026-04-30
VBKVanguard Small-cap Growth Index Fund
Vanguard · 551 holdings · $24.3B · as of 2026-03-31
Holdings snapshots are 30 days apart (DFAS: 2026-04-30, VBK: 2026-03-31). 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 DFAS and VBK?
Dimensional U.S. Small Cap ETF (DFAS, by Dimensional) holds 2121 positions; Vanguard Small-cap Growth Index Fund (VBK, by Vanguard) holds 551. They have 389 holdings in common, and by portfolio weight the two funds are 28.9% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 28.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 389DFAS holds 2121 · VBK holds 551
- Weight in Shared Holdings
- DFAS 31%·VBK 58%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 DFAS
1732 of 2121 positions (68.4% of the fund) are not held by VBK. Showing the top 30 by weight.
Sector Breakdown
| Sector | DFAS | VBK |
|---|---|---|
| Industrials | 20.6% | 24.6% |
| Information Technology | 12.0% | 21.6% |
| Financials | 19.2% | 6.1% |
| Health Care | 11.1% | 16.1% |
| Consumer Discretionary | 12.4% | 9.9% |
| Other Sectors | 21.9% | 20.6% |
| Unclassified | 2.7% | 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 (3% of DFAS, 1% of VBK).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| DFAS | +3.2% | +20.5% | +31.3% | +14.8% | +9.1% | — | 0.95% |
| VBK | +1.8% | +19.6% | +29.4% | +16.6% | +5.3% | +11.4% | 0.42% |
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 DFAS vs VBK →
Shared Holdings(389)
The top 10 shared positions account for 8% of the overlap, led by AEIS, MOD and ONTO.
 AEISAdvanced Energy Industries, Inc. COM | 0.29% | 0.41% | 0.29% |
|---|---|---|---|
 MODModine Manufacturing Co. COM | 0.28% | 0.38% | 0.28% |
 ONTOOnto Innovation Inc. COM | 0.26% | 0.34% | 0.26% |
 RMBSRambus Inc. COM | 0.24% | 0.31% | 0.24% |
 HLHecla Mining Company COM | 0.23% | 0.40% | 0.23% |
 GNRCGenerac Holdings Inc. COM | 0.23% | 0.38% | 0.23% |
 PNFPPinnacle Financial Partners Inc. COM | 0.23% | 0.22% | 0.22% |
 ENSGEnsign Group, Inc. (The) | 0.22% | 0.39% | 0.22% |
 FORMFormfactor Inc COM | 0.21% | 0.25% | 0.21% |
 DARDarling Ingredients, Inc COM | 0.21% | 0.33% | 0.21% |
 PRPermian Resources Corporation Class A | 0.21% | 0.27% | 0.21% |
 SPXCSPX Technologies, Inc. COM | 0.21% | 0.33% | 0.21% |
 LFUSLittelfuse Inc. COM | 0.20% | 0.28% | 0.20% |
 PLPlanet Labs PBC, Class A | 0.20% | 0.25% | 0.20% |
 STRLSterling Infrastructure Inc COM | 0.20% | 0.40% | 0.20% |
 KTOSKratos Defense & Security Solutions, Inc. COM NEW | 0.19% | 0.43% | 0.19% |
 EXELExelixis, Inc. COM | 0.19% | 0.35% | 0.19% |
 MPMP Materials Corp., Class A | 0.18% | 0.26% | 0.18% |
 FIVEFive Below Inc COM | 0.18% | 0.42% | 0.18% |
 SNEXStoneX Group Inc COM | 0.19% | 0.18% | 0.18% |
 DYDycom Industries, Inc. COM | 0.18% | 0.32% | 0.18% |
 ESEESCO Technologies Inc. COM | 0.18% | 0.24% | 0.18% |
 WMSAdvanced Drainage System Inc COM | 0.17% | 0.36% | 0.17% |
 DOCNDigitalOcean Holdings Inc COM | 0.17% | 0.22% | 0.17% |
 IDCCInterDigital, Inc. COM | 0.17% | 0.26% | 0.17% |
Showing the top 250 of 389 shared holdings by overlap weight.
Frequently Asked Questions
How much do DFAS and VBK overlap?
DFAS and VBK overlap by 28.9% of portfolio weight. They share 389 holdings (DFAS holds 2121 positions and VBK holds 551), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DFAS and VBK?
The two portfolios are 28.9% 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 DFAS and VBK?
The largest positions held by both funds are AEIS, MOD, ONTO, RMBS and HL. Together the top 10 shared positions account for 8% of the total overlap.
What does DFAS own that VBK doesn't?
1732 positions (68.4% of DFAS) are unique to DFAS, led by AMKR, WCC and BWA. In the other direction, 162 positions (41.8% of VBK) are unique to VBK.