DFAT vs FCOM: Holdings Overlap
DFATDimensional U.S. Targeted Value ETF
Dimensional · 1281 holdings · $14.5B · as of 2026-04-30
FCOMFidelity MSCI Communication Services Index ETF
Fidelity · 89 holdings · $1.7B · as of 2026-04-30
How similar are DFAT and FCOM?
Dimensional U.S. Targeted Value ETF (DFAT, by Dimensional) holds 1281 positions; Fidelity MSCI Communication Services Index ETF (FCOM, by Fidelity) holds 89. They have 30 holdings in common, and by portfolio weight the two funds are 1.6% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 1.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 30DFAT holds 1281 · FCOM holds 89
- Weight in Shared Holdings
- DFAT 2%·FCOM 4%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 DFAT
1251 of 1281 positions (98.1% of the fund) are not held by FCOM. Showing the top 30 by weight.
Sector Breakdown
| Sector | DFAT | FCOM |
|---|---|---|
| Communication Services | 1.9% | 99.8% |
| Financials | 26.9% | 0.0% |
| Industrials | 16.5% | 0.0% |
| Consumer Discretionary | 12.9% | 0.0% |
| Energy | 10.8% | 0.0% |
| Other Sectors | 27.8% | 0.0% |
| Unclassified | 2.9% | 0.0% |
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 DFAT, 0% of FCOM).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| DFAT | +3.8% | +21.7% | +34.5% | +15.0% | +11.7% | — | 1.33% |
| FCOM | -1.3% | -2.9% | +8.4% | +20.2% | +6.1% | +10.5% | 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 DFAT vs FCOM →
Shared Holdings(30)
The top 10 shared positions account for 72% of the overlap, led by NXST, TDS and ZD.
 NXSTNexstar Media Group Inc COMMON STOCK | 0.30% | 0.36% | 0.30% |
|---|---|---|---|
 TDSTelephone and Data Systems Inc. COM NEW | 0.23% | 0.28% | 0.23% |
 ZDZiff Davis Inc COM | 0.09% | 0.11% | 0.09% |
 GTMZoominfo Technologies Inc COMMON STOCK | 0.09% | 0.10% | 0.09% |
 LBTYALiberty Global Ltd., Class A | 0.08% | 0.12% | 0.08% |
 WLYJohn Wiley & Sons, Inc., Class A | 0.07% | 0.10% | 0.07% |
 LBTYKLiberty Global Ltd., Class C | 0.07% | 0.09% | 0.07% |
 YELPYelp Inc CL A | 0.07% | 0.10% | 0.07% |
 LILAKLiberty Latin America Ltd COM USD0.01 CL C | 0.07% | 0.07% | 0.07% |
 SIRISiriusXM Holdings Inc COMMON STOCK | 0.06% | 0.30% | 0.06% |
 TRIPTripadvisor Inc COM | 0.06% | 0.07% | 0.06% |
 GLIBKGCI Liberty, Inc., Class C | 0.05% | 0.07% | 0.05% |
 ADArray Digital Infrastructure, Inc. | 0.09% | 0.05% | 0.05% |
 VSNTVersant Media Group Inc. COM CL A | 0.05% | 0.35% | 0.05% |
 DVDoubleVerify Holdings Inc COM | 0.05% | 0.09% | 0.05% |
 CARSCars.com Inc COM | 0.03% | 0.04% | 0.03% |
 SCHLScholastic Corporation COM | 0.06% | 0.03% | 0.03% |
 SHENShenandoah Telecommunications Co. COM | 0.03% | 0.04% | 0.03% |
 LIONLionsgate Studios Corp. COM | 0.02% | 0.15% | 0.02% |
 SBGISinclair, Inc., Class A | 0.02% | 0.03% | 0.02% |
| Liberty Latin America Ltd COM USD0.01 CL A | 0.01% | 0.01% | 0.01% |
| Angi, Inc., Class A | 0.01% | 0.02% | 0.01% |
| Stagwell, Inc., Class A | 0.01% | 0.04% | 0.01% |
 NWSANews Corporation CL A | 0.01% | 0.59% | 0.01% |
 SSTKShutterstock Inc COM | 0.01% | 0.02% | 0.01% |
Frequently Asked Questions
How much do DFAT and FCOM overlap?
DFAT and FCOM overlap by 1.6% of portfolio weight. They share 30 holdings (DFAT holds 1281 positions and FCOM holds 89), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DFAT and FCOM?
The two portfolios are 1.6% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of DFAT and FCOM?
The largest positions held by both funds are NXST, TDS, ZD, GTM and LBTYA. Together the top 10 shared positions account for 72% of the total overlap.
What does DFAT own that FCOM doesn't?
1251 positions (98.1% of DFAT) are unique to DFAT, led by PR, WCC and CF. In the other direction, 59 positions (96.2% of FCOM) are unique to FCOM.