DFAT vs IWO: Holdings Overlap
DFATDimensional U.S. Targeted Value ETF
Dimensional · 1281 holdings · $14.5B · as of 2026-04-30
IWOiShares Russell 2000 Growth ETF
iShares · 1101 holdings · $14.8B · as of 2026-03-31
Holdings snapshots are 30 days apart (DFAT: 2026-04-30, IWO: 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 IWO?
Dimensional U.S. Targeted Value ETF (DFAT, by Dimensional) holds 1281 positions; iShares Russell 2000 Growth ETF (IWO, by iShares) holds 1101. They have 345 holdings in common, and by portfolio weight the two funds are 10.1% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 10.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 345DFAT holds 1281 · IWO holds 1101
- Weight in Shared Holdings
- DFAT 17%·IWO 24%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
936 of 1281 positions (82.4% of the fund) are not held by IWO. Showing the top 30 by weight.
Only in IWO
756 of 1101 positions (76.0% of the fund) are not held by DFAT. Showing the top 30 by weight.
Sector Breakdown
| Sector | DFAT | IWO |
|---|---|---|
| Financials | 26.9% | 8.6% |
| Industrials | 16.5% | 23.7% |
| Health Care | 5.8% | 23.1% |
| Information Technology | 7.9% | 19.0% |
| Consumer Discretionary | 12.9% | 7.3% |
| Other Sectors | 26.7% | 14.1% |
| Unclassified | 2.9% | 4.0% |
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, 4% of IWO).
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% |
| IWO | +1.2% | +21.0% | +34.7% | +17.5% | +5.9% | +11.0% | 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 DFAT vs IWO →
Shared Holdings(345)
The top 10 shared positions account for 19% of the overlap, led by PLXS, PSMT and SANM.
 PLXSPlexus Corp COM | 0.26% | 0.34% | 0.26% |
|---|---|---|---|
 PSMTPricesmart Inc COM | 0.21% | 0.26% | 0.21% |
 SANMSanmina Corporation | 0.28% | 0.21% | 0.21% |
 CALMCal-Maine Foods Inc. COM NEW | 0.19% | 0.23% | 0.19% |
 TEXTerex Corporation COM | 0.19% | 0.19% | 0.19% |
 CVSACovista Inc. COM | 0.18% | 0.26% | 0.18% |
 LTHLife Time Group Holdings Inc COMMON STOCK | 0.18% | 0.27% | 0.18% |
 TDWTidewater Inc New COM | 0.17% | 0.26% | 0.17% |
 KGSKodiak Gas Services Inc. COM | 0.17% | 0.33% | 0.17% |
 MMSMaximus Inc COM | 0.16% | 0.24% | 0.16% |
 HGVHilton Grand Vacations Inc COM | 0.18% | 0.16% | 0.16% |
 AZZAZZ Inc COM | 0.15% | 0.25% | 0.15% |
 RUSHARush Enterprises, Inc., Class A | 0.24% | 0.15% | 0.15% |
 LRNStride Inc COM | 0.14% | 0.25% | 0.14% |
 DORMDorman Products Inc. COM | 0.13% | 0.19% | 0.13% |
 PATKPatrick Industries Inc. COM | 0.13% | 0.24% | 0.13% |
 FBPFirst Bancorp Puerto Rico COM USD1 | 0.19% | 0.12% | 0.12% |
 CNRCore Natural Resources Inc. COM SHS | 0.14% | 0.12% | 0.12% |
 ENVAEnova International Inc. COM | 0.12% | 0.22% | 0.12% |
 HRIHerc Holdings Inc COM | 0.12% | 0.22% | 0.12% |
 GPIGroup 1 Automotive, Inc. COM | 0.19% | 0.11% | 0.11% |
 MGRCMcGrath RentCorp. COM | 0.11% | 0.14% | 0.11% |
 CBTCabot Corporation COM | 0.11% | 0.25% | 0.11% |
 OIIOceaneering International, Inc. COM | 0.11% | 0.21% | 0.11% |
 GPORGulfport Energy Operating Corp. COMMON SHARES | 0.10% | 0.23% | 0.10% |
Showing the top 250 of 345 shared holdings by overlap weight.
Frequently Asked Questions
How much do DFAT and IWO overlap?
DFAT and IWO overlap by 10.1% of portfolio weight. They share 345 holdings (DFAT holds 1281 positions and IWO holds 1101), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DFAT and IWO?
The two portfolios are 10.1% 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 DFAT and IWO?
The largest positions held by both funds are PLXS, PSMT, SANM, CALM and TEX. Together the top 10 shared positions account for 19% of the total overlap.
What does DFAT own that IWO doesn't?
936 positions (82.4% of DFAT) are unique to DFAT, led by PR, WCC and CF. In the other direction, 756 positions (76.0% of IWO) are unique to IWO.