DFAT vs MDYG: Holdings Overlap
DFATDimensional U.S. Targeted Value ETF
Dimensional · 1281 holdings · $14.5B · as of 2026-04-30
MDYGState Street® SPDR® S&P 400™ Mid Cap Growth ETF
State Street (SPDR) · 245 holdings · $2.9B · as of 2026-08-06
Holdings snapshots are 98 days apart (DFAT: 2026-04-30, MDYG: 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 MDYG?
Dimensional U.S. Targeted Value ETF (DFAT, by Dimensional) holds 1281 positions; State Street® SPDR® S&P 400™ Mid Cap Growth ETF (MDYG, by State Street (SPDR)) holds 245. They have 70 holdings in common, and by portfolio weight the two funds are 8.5% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 8.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 70DFAT holds 1281 · MDYG holds 245
- Weight in Shared Holdings
- DFAT 11%·MDYG 20%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
1211 of 1281 positions (89.1% of the fund) are not held by MDYG. Showing the top 30 by weight.
Sector Breakdown
| Sector | DFAT | MDYG |
|---|---|---|
| Industrials | 16.5% | 29.8% |
| Financials | 26.9% | 8.0% |
| Information Technology | 7.9% | 20.2% |
| Health Care | 5.8% | 15.5% |
| Consumer Discretionary | 12.9% | 9.0% |
| Other Sectors | 26.7% | 17.3% |
| 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 MDYG).
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% |
| MDYG | +3.3% | +21.6% | +28.0% | +16.0% | +8.5% | +11.3% | 0.56% |
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 MDYG →
Shared Holdings(70)
The top 10 shared positions account for 38% of the overlap, led by ELAN, TTMI and RNR.
 ELANElanco Animal Health Inc COM | 0.46% | 0.64% | 0.46% |
|---|---|---|---|
 TTMITTM Technologies Inc COM | 0.46% | 0.76% | 0.46% |
 RNRRenaissancere Holdings Ltd. COM USD1 | 0.47% | 0.38% | 0.38% |
 ENSEnerSys COM | 0.35% | 0.37% | 0.35% |
 DTMDT Midstream Inc COMMON STOCK | 0.31% | 0.52% | 0.31% |
 SANMSanmina Corporation | 0.28% | 0.59% | 0.28% |
 VALValaris Ltd. CL A | 0.30% | 0.27% | 0.27% |
 ORIOld Republic International Corporation COM | 0.25% | 0.27% | 0.25% |
 CFRCullen/Frost Bankers, Inc. COM | 0.24% | 0.28% | 0.24% |
 OSKOshkosh Corporation COM | 0.33% | 0.24% | 0.24% |
 CACICACI International, Inc., Class A | 0.21% | 0.74% | 0.21% |
 TRUTransUnion COM | 0.20% | 0.42% | 0.20% |
 GATXGATX Corporation COM | 0.19% | 0.20% | 0.19% |
 FBINFortune Brands Innovations Inc COM | 0.22% | 0.18% | 0.18% |
 AFGAmerican Financial Group, Inc. COM | 0.18% | 0.22% | 0.18% |
 BIOBio-Rad Laboratories, Inc., Class A | 0.24% | 0.18% | 0.18% |
 KEXKirby Corporation | 0.27% | 0.17% | 0.17% |
 MTGMGIC Investment Corporation | 0.31% | 0.17% | 0.17% |
 JAZZJazz Pharmaceuticals Public Limited Company | 0.17% | 0.86% | 0.17% |
 AMKRAmkor Technology, Inc. COM | 0.78% | 0.16% | 0.16% |
 NXSTNexstar Media Group Inc COMMON STOCK | 0.30% | 0.16% | 0.16% |
 SLMSLM Corp. COM | 0.19% | 0.15% | 0.15% |
 CROXCrocs Inc COM | 0.15% | 0.15% | 0.15% |
 HGVHilton Grand Vacations Inc COM | 0.18% | 0.15% | 0.15% |
 EWBCEast West Bancorp Inc COM | 0.14% | 0.49% | 0.14% |
Frequently Asked Questions
How much do DFAT and MDYG overlap?
DFAT and MDYG overlap by 8.5% of portfolio weight. They share 70 holdings (DFAT holds 1281 positions and MDYG holds 245), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DFAT and MDYG?
The two portfolios are 8.5% 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 MDYG?
The largest positions held by both funds are ELAN, TTMI, RNR, ENS and DTM. Together the top 10 shared positions account for 38% of the total overlap.
What does DFAT own that MDYG doesn't?
1211 positions (89.1% of DFAT) are unique to DFAT, led by PR, WCC and CF. In the other direction, 175 positions (80.0% of MDYG) are unique to MDYG.