DFAT vs FNDA: Holdings Overlap
DFATDimensional U.S. Targeted Value ETF
Dimensional · 1281 holdings · $14.5B · as of 2026-04-30
FNDASchwab Fundamental U.S. Small Company ETF
Schwab · 930 holdings · $9.4B · as of 2026-05-31
Holdings snapshots are 31 days apart (DFAT: 2026-04-30, FNDA: 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 DFAT and FNDA?
Dimensional U.S. Targeted Value ETF (DFAT, by Dimensional) holds 1281 positions; Schwab Fundamental U.S. Small Company ETF (FNDA, by Schwab) holds 930. They have 502 holdings in common, and by portfolio weight the two funds are 32.2% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 32.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 502DFAT holds 1281 · FNDA holds 930
- Weight in Shared Holdings
- DFAT 43%·FNDA 51%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
779 of 1281 positions (56.6% of the fund) are not held by FNDA. Showing the top 30 by weight.
Sector Breakdown
| Sector | DFAT | FNDA |
|---|---|---|
| Financials | 26.9% | 15.3% |
| Industrials | 16.5% | 20.0% |
| Information Technology | 7.9% | 15.0% |
| Consumer Discretionary | 12.9% | 12.1% |
| Energy | 10.8% | 5.8% |
| Other Sectors | 21.8% | 30.8% |
| Unclassified | 2.9% | 0.8% |
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 (3% of DFAT, 1% of FNDA).
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% |
| FNDA | +2.5% | +21.8% | +32.0% | +14.5% | +9.0% | +11.0% | 1.09% |
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 FNDA →
Shared Holdings(502)
The top 10 shared positions account for 9% of the overlap, led by AMKR, TTMI and ENS.
 AMKRAmkor Technology, Inc. COM | 0.78% | 0.49% | 0.49% |
|---|---|---|---|
 TTMITTM Technologies Inc COM | 0.46% | 0.43% | 0.43% |
 ENSEnerSys COM | 0.35% | 0.38% | 0.35% |
 VSATViaSat, Inc. COM | 0.29% | 0.57% | 0.29% |
 LBRTLiberty Energy, Inc., Class A | 0.29% | 0.32% | 0.29% |
 PLXSPlexus Corp COM | 0.26% | 0.27% | 0.26% |
 KEXKirby Corporation | 0.27% | 0.23% | 0.23% |
 VLYValley National Bancorp. COM | 0.32% | 0.22% | 0.22% |
 PSMTPricesmart Inc COM | 0.21% | 0.21% | 0.21% |
 BIOBio-Rad Laboratories, Inc., Class A | 0.24% | 0.21% | 0.21% |
 URBNUrban Outfitters Inc. COM | 0.25% | 0.21% | 0.21% |
 WALWestern Alliance Bancorporation | 0.22% | 0.21% | 0.21% |
 COLBColumbia Banking System Inc. COM | 0.32% | 0.21% | 0.21% |
 DIODDiodes Incorporated COM | 0.20% | 0.28% | 0.20% |
 MGYMagnolia Oil & Gas Corporation CL A | 0.25% | 0.20% | 0.20% |
 OZKBank OZK COM | 0.28% | 0.20% | 0.20% |
 WTFCWintrust Financial Corporation COM | 0.30% | 0.20% | 0.20% |
 NVSTEnvista Holdings Corporation COM | 0.20% | 0.20% | 0.20% |
 SSBSouthState Bank Corporation | 0.43% | 0.20% | 0.20% |
 DTMDT Midstream Inc COMMON STOCK | 0.31% | 0.19% | 0.19% |
 FNBF N B Corp (Pennsylvania) COM | 0.30% | 0.19% | 0.19% |
 NENoble Corporation PLC ORD SHS A | 0.23% | 0.19% | 0.19% |
 TEXTerex Corporation COM | 0.19% | 0.31% | 0.19% |
 PBProsperity Bancshares Inc COM | 0.29% | 0.19% | 0.19% |
 SEBSeaboard Corp Del COM | 0.20% | 0.18% | 0.18% |
Showing the top 250 of 502 shared holdings by overlap weight.
Frequently Asked Questions
How much do DFAT and FNDA overlap?
DFAT and FNDA overlap by 32.2% of portfolio weight. They share 502 holdings (DFAT holds 1281 positions and FNDA holds 930), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DFAT and FNDA?
The two portfolios are 32.2% 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 DFAT and FNDA?
The largest positions held by both funds are AMKR, TTMI, ENS, VSAT and LBRT. Together the top 10 shared positions account for 9% of the total overlap.
What does DFAT own that FNDA doesn't?
779 positions (56.6% of DFAT) are unique to DFAT, led by WCC, CF and OVV. In the other direction, 428 positions (48.6% of FNDA) are unique to FNDA.