DFAT vs IWD: Holdings Overlap
DFATDimensional U.S. Targeted Value ETF
Dimensional · 1281 holdings · $14.5B · as of 2026-04-30
IWDiShares Russell 1000 Value ETF
iShares · 866 holdings · $83.6B · as of 2026-03-31
Holdings snapshots are 30 days apart (DFAT: 2026-04-30, IWD: 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 DFAT and IWD?
Dimensional U.S. Targeted Value ETF (DFAT, by Dimensional) holds 1281 positions; iShares Russell 1000 Value ETF (IWD, by iShares) holds 866. They have 245 holdings in common, and by portfolio weight the two funds are 5.0% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 5.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 245DFAT holds 1281 · IWD holds 866
- Weight in Shared Holdings
- DFAT 51%·IWD 6%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
1036 of 1281 positions (49.2% of the fund) are not held by IWD. Showing the top 30 by weight.
Only in IWD
621 of 866 positions (94.2% of the fund) are not held by DFAT. Showing the top 30 by weight.
Sector Breakdown
| Sector | DFAT | IWD |
|---|---|---|
| Financials | 26.9% | 20.0% |
| Industrials | 16.5% | 13.4% |
| Consumer Discretionary | 12.9% | 7.0% |
| Information Technology | 7.9% | 11.7% |
| Health Care | 5.8% | 11.7% |
| Other Sectors | 26.7% | 36.1% |
| 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 IWD).
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% |
| IWD | +4.0% | +23.3% | +34.5% | +19.0% | +11.9% | +11.7% | 1.36% |
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 IWD →
Shared Holdings(245)
The top 10 shared positions account for 11% of the overlap, led by CF, AA and OVV.
 CFCF Industries Holdings, Inc. COM | 0.82% | 0.07% | 0.07% |
|---|---|---|---|
 AAAlcoa Corporation COM | 0.28% | 0.06% | 0.06% |
 OVVOvintiv Inc COM | 0.73% | 0.06% | 0.06% |
 AKAMAkamai Technologies, Inc. COM | 0.60% | 0.05% | 0.05% |
 BALLBall Corporation COM | 0.67% | 0.05% | 0.05% |
 VTRSViatris Inc COM | 0.71% | 0.05% | 0.05% |
 TXTTextron Inc. COM | 0.20% | 0.05% | 0.05% |
 APAAPA Corp. COM | 0.73% | 0.05% | 0.05% |
 GPCGenuine Parts Co COM | 0.09% | 0.05% | 0.05% |
 EWBCEast West Bancorp Inc COM | 0.14% | 0.05% | 0.05% |
 PRPermian Resources Corporation Class A | 0.89% | 0.05% | 0.05% |
 IEXIdex Corporation COM | 0.10% | 0.05% | 0.05% |
 COOThe Cooper Companies, Inc. COM | 0.11% | 0.05% | 0.05% |
 DTMDT Midstream Inc COMMON STOCK | 0.31% | 0.04% | 0.04% |
 RGAReinsurance Group of America, Incorporated COM NEW | 0.29% | 0.04% | 0.04% |
 TRUTransUnion COM | 0.20% | 0.04% | 0.04% |
 RNRRenaissancere Holdings Ltd. COM USD1 | 0.47% | 0.04% | 0.04% |
 TOLToll Brothers, Inc. COM | 0.64% | 0.04% | 0.04% |
 WCCWesco International, Inc. COM | 0.86% | 0.04% | 0.04% |
 SNXTD SYNNEX Corporation | 0.67% | 0.04% | 0.04% |
 PNFPPinnacle Financial Partners Inc. COM | 0.37% | 0.04% | 0.04% |
 MKCMcCormick & Company, Incorporated COM NON VTG | 0.18% | 0.04% | 0.04% |
 RRXRegal Rexnord Corporation COM | 0.51% | 0.04% | 0.04% |
 UNMUnum Group COM | 0.43% | 0.04% | 0.04% |
 ARAntero Resources Corporation COM | 0.50% | 0.04% | 0.04% |
Frequently Asked Questions
How much do DFAT and IWD overlap?
DFAT and IWD overlap by 5.0% of portfolio weight. They share 245 holdings (DFAT holds 1281 positions and IWD holds 866), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DFAT and IWD?
The two portfolios are 5.0% 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 IWD?
The largest positions held by both funds are CF, AA, OVV, AKAM and BALL. Together the top 10 shared positions account for 11% of the total overlap.
What does DFAT own that IWD doesn't?
1036 positions (49.2% of DFAT) are unique to DFAT, led by TTMI, JXN and CMC. In the other direction, 621 positions (94.2% of IWD) are unique to IWD.