DFAT vs KRE: Holdings Overlap
DFATDimensional U.S. Targeted Value ETF
Dimensional · 1281 holdings · $14.5B · as of 2026-04-30
KREState Street® SPDR® S&P® Regional Banking ETF
State Street (SPDR) · 158 holdings · $4.5B · as of 2026-08-06
Holdings snapshots are 98 days apart (DFAT: 2026-04-30, KRE: 2026-08-06). 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 KRE?
Dimensional U.S. Targeted Value ETF (DFAT, by Dimensional) holds 1281 positions; State Street® SPDR® S&P® Regional Banking ETF (KRE, by State Street (SPDR)) holds 158. They have 144 holdings in common, and by portfolio weight the two funds are 15.1% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 15.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 144DFAT holds 1281 · KRE holds 158
- Weight in Shared Holdings
- DFAT 15%·KRE 86%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
1137 of 1281 positions (84.7% of the fund) are not held by KRE. Showing the top 30 by weight.
Sector Breakdown
| Sector | DFAT | KRE |
|---|---|---|
| Financials | 26.9% | 97.7% |
| Industrials | 16.5% | 0.0% |
| Consumer Discretionary | 12.9% | 0.0% |
| Energy | 10.8% | 0.0% |
| Information Technology | 7.9% | 0.0% |
| Other Sectors | 21.8% | 0.0% |
| Unclassified | 2.9% | 1.5% |
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, 2% of KRE).
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% |
| KRE | +1.5% | +19.0% | +32.6% | +19.1% | +5.9% | +9.0% | 2.10% |
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 KRE →
Shared Holdings(144)
The top 10 shared positions account for 25% of the overlap, led by FHN, BPOP and SSB.
 FHNFirst Horizon Corporation COM | 0.55% | 1.28% | 0.55% |
|---|---|---|---|
 BPOPPopular, Inc. COM USD0.01 | 0.44% | 1.41% | 0.44% |
 SSBSouthState Bank Corporation | 0.43% | 1.39% | 0.43% |
 ZIONZions Bancorporation Natl Assn Global Bank COM | 0.39% | 1.34% | 0.39% |
 PNFPPinnacle Financial Partners Inc. COM | 0.37% | 1.42% | 0.37% |
 BOKFBOK Financial Corp COM NEW | 0.34% | 1.37% | 0.34% |
 ONBOld National Bancorp COM | 0.33% | 1.36% | 0.33% |
 COLBColumbia Banking System Inc. COM | 0.32% | 1.28% | 0.32% |
 VLYValley National Bancorp. COM | 0.32% | 1.27% | 0.32% |
 WTFCWintrust Financial Corporation COM | 0.30% | 1.28% | 0.30% |
 FNBF N B Corp (Pennsylvania) COM | 0.30% | 1.31% | 0.30% |
 ABCBAmeris Bancorp COM | 0.29% | 1.27% | 0.29% |
 PBProsperity Bancshares Inc COM | 0.29% | 1.30% | 0.29% |
 UMBFUMB Financial Corporation | 0.29% | 1.37% | 0.29% |
 OZKBank OZK COM | 0.28% | 1.26% | 0.28% |
 UBSIUnited Bankshares Inc COM | 0.27% | 1.35% | 0.27% |
 HWCHancock Whitney Corporation COM | 0.26% | 1.36% | 0.26% |
 TCBITexas Capital Bancshares, Inc. COM | 0.26% | 1.24% | 0.26% |
 CFRCullen/Frost Bankers, Inc. COM | 0.24% | 1.42% | 0.24% |
 AXAxos Financial Inc COM | 0.23% | 1.21% | 0.23% |
 WSFSWSFS Financial Corporation COM | 0.22% | 0.98% | 0.22% |
 IBOCInternational Bancshares Corporation | 0.22% | 0.75% | 0.22% |
 WALWestern Alliance Bancorporation | 0.22% | 1.24% | 0.22% |
 CBSHCommerce Bancshares Inc COM | 0.22% | 1.35% | 0.22% |
 ASBAssociated Banc-Corp COM | 0.21% | 1.36% | 0.21% |
Frequently Asked Questions
How much do DFAT and KRE overlap?
DFAT and KRE overlap by 15.1% of portfolio weight. They share 144 holdings (DFAT holds 1281 positions and KRE holds 158), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DFAT and KRE?
The two portfolios are 15.1% 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 KRE?
The largest positions held by both funds are FHN, BPOP, SSB, ZION and PNFP. Together the top 10 shared positions account for 25% of the total overlap.
What does DFAT own that KRE doesn't?
1137 positions (84.7% of DFAT) are unique to DFAT, led by PR, WCC and CF. In the other direction, 14 positions (12.9% of KRE) are unique to KRE.