DFAS vs VXF: Holdings Overlap
DFASDimensional U.S. Small Cap ETF
Dimensional · 2121 holdings · $15.3B · as of 2026-04-30
VXFVanguard Extended Market Index Fund
Vanguard · 3359 holdings · $32.2B · as of 2026-03-31
Holdings snapshots are 30 days apart (DFAS: 2026-04-30, VXF: 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 VXF?
Dimensional U.S. Small Cap ETF (DFAS, by Dimensional) holds 2121 positions; Vanguard Extended Market Index Fund (VXF, by Vanguard) holds 3359. They have 2002 holdings in common, and by portfolio weight the two funds are 54.4% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 54.4%Sum of the smaller weight of each shared holding
- Shared Holdings
- 2002DFAS holds 2121 · VXF holds 3359
- Weight in Shared Holdings
- DFAS 94%·VXF 64%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
119 of 2121 positions (6.2% of the fund) are not held by VXF. Showing the top 30 by weight.
Only in VXF
1357 of 3359 positions (36.1% of the fund) are not held by DFAS. Showing the top 30 by weight.
Sector Breakdown
| Sector | DFAS | VXF |
|---|---|---|
| Industrials | 20.6% | 19.5% |
| Financials | 19.2% | 15.0% |
| Information Technology | 12.0% | 16.3% |
| Health Care | 11.1% | 13.3% |
| Consumer Discretionary | 12.4% | 9.8% |
| Other Sectors | 21.9% | 23.6% |
| Unclassified | 2.7% | 2.4% |
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 (3% of DFAS, 2% of VXF).
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% |
| VXF | +2.4% | +18.9% | +26.9% | +18.6% | +6.9% | +12.0% | 0.99% |
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 VXF →
Shared Holdings(2002)
The top 10 shared positions account for 3% of the overlap, led by AA, PR and OVV.
 AAAlcoa Corporation COM | 0.22% | 0.24% | 0.22% |
|---|---|---|---|
 PRPermian Resources Corporation Class A | 0.21% | 0.22% | 0.21% |
 OVVOvintiv Inc COM | 0.20% | 0.23% | 0.20% |
 DTMDT Midstream Inc COMMON STOCK | 0.22% | 0.19% | 0.19% |
 NYTNew York Times Co. (The), Class A | 0.22% | 0.19% | 0.19% |
 WCCWesco International, Inc. COM | 0.29% | 0.18% | 0.18% |
 KTOSKratos Defense & Security Solutions, Inc. COM NEW | 0.19% | 0.18% | 0.18% |
 PNFPPinnacle Financial Partners Inc. COM | 0.23% | 0.18% | 0.18% |
 FIVEFive Below Inc COM | 0.18% | 0.17% | 0.17% |
 STRLSterling Infrastructure Inc COM | 0.20% | 0.17% | 0.17% |
 HLHecla Mining Company COM | 0.23% | 0.17% | 0.17% |
 MLIMueller Industries Inc. COM | 0.20% | 0.17% | 0.17% |
 AEISAdvanced Energy Industries, Inc. COM | 0.29% | 0.17% | 0.17% |
 RRXRegal Rexnord Corporation COM | 0.17% | 0.17% | 0.17% |
 ELANElanco Animal Health Inc COM | 0.21% | 0.16% | 0.16% |
 ENSGEnsign Group, Inc. (The) | 0.22% | 0.16% | 0.16% |
 JAZZJazz Pharmaceuticals Public Limited Company | 0.25% | 0.16% | 0.16% |
 MODModine Manufacturing Co. COM | 0.28% | 0.16% | 0.16% |
 CACICACI International, Inc., Class A | 0.15% | 0.16% | 0.15% |
 SFStifel Financial Corporation COM | 0.16% | 0.15% | 0.15% |
 BWABorgWarner Inc. COM | 0.25% | 0.15% | 0.15% |
 WBSWebster Financial Corporation | 0.19% | 0.15% | 0.15% |
 EXELExelixis, Inc. COM | 0.19% | 0.15% | 0.15% |
 ARAntero Resources Corporation COM | 0.15% | 0.17% | 0.15% |
 FHNFirst Horizon Corporation COM | 0.20% | 0.15% | 0.15% |
Showing the top 250 of 2002 shared holdings by overlap weight.
Frequently Asked Questions
How much do DFAS and VXF overlap?
DFAS and VXF overlap by 54.4% of portfolio weight. They share 2002 holdings (DFAS holds 2121 positions and VXF holds 3359), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DFAS and VXF?
The two portfolios are 54.4% 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 DFAS and VXF?
The largest positions held by both funds are AA, PR, OVV, DTM and NYT. Together the top 10 shared positions account for 3% of the total overlap.
What does DFAS own that VXF doesn't?
119 positions (6.2% of DFAS) are unique to DFAS, led by APA, GNRC and HAS. In the other direction, 1357 positions (36.1% of VXF) are unique to VXF.