DFAT vs MDYV: Holdings Overlap
DFATDimensional U.S. Targeted Value ETF
Dimensional · 1281 holdings · $14.5B · as of 2026-04-30
MDYVState Street® SPDR® S&P 400™ Mid Cap Value ETF
State Street (SPDR) · 297 holdings · $2.9B · as of 2026-08-06
Holdings snapshots are 98 days apart (DFAT: 2026-04-30, MDYV: 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 MDYV?
Dimensional U.S. Targeted Value ETF (DFAT, by Dimensional) holds 1281 positions; State Street® SPDR® S&P 400™ Mid Cap Value ETF (MDYV, by State Street (SPDR)) holds 297. They have 164 holdings in common, and by portfolio weight the two funds are 35.2% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 35.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 164DFAT holds 1281 · MDYV holds 297
- Weight in Shared Holdings
- DFAT 38%·MDYV 60%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
1117 of 1281 positions (61.8% of the fund) are not held by MDYV. Showing the top 30 by weight.
Sector Breakdown
| Sector | DFAT | MDYV |
|---|---|---|
| Financials | 26.9% | 23.4% |
| Industrials | 16.5% | 18.7% |
| Consumer Discretionary | 12.9% | 12.5% |
| Energy | 10.8% | 6.5% |
| Information Technology | 7.9% | 8.3% |
| Other Sectors | 21.8% | 30.5% |
| 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 MDYV).
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% |
| MDYV | +3.1% | +15.2% | +23.9% | +12.9% | +9.2% | +10.6% | 1.64% |
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 MDYV →
Shared Holdings(164)
The top 10 shared positions account for 19% of the overlap, led by PR, WCC and OVV.
 PRPermian Resources Corporation Class A | 0.89% | 0.91% | 0.89% |
|---|---|---|---|
 WCCWesco International, Inc. COM | 0.86% | 1.03% | 0.86% |
 OVVOvintiv Inc COM | 0.73% | 0.94% | 0.73% |
 SNXTD SYNNEX Corporation | 0.67% | 1.10% | 0.67% |
 TOLToll Brothers, Inc. COM | 0.64% | 0.81% | 0.64% |
 BWABorgWarner Inc. COM | 0.59% | 0.77% | 0.59% |
 ALLYAlly Financial Inc. COM | 0.58% | 0.70% | 0.58% |
 FHNFirst Horizon Corporation COM | 0.55% | 0.69% | 0.55% |
 CNHCNH Industrial N.V. COM EUR0.01 | 0.56% | 0.54% | 0.54% |
 RRXRegal Rexnord Corporation COM | 0.51% | 0.68% | 0.51% |
 ARAntero Resources Corporation COM | 0.50% | 0.58% | 0.50% |
 ARWArrow Electronics, Inc. COM | 0.50% | 0.64% | 0.50% |
 KNXKnight-Swift Transportation Holdings Inc. Class A | 0.48% | 0.64% | 0.48% |
 DINOHF Sinclair Corporation | 0.47% | 0.72% | 0.47% |
 DARDarling Ingredients, Inc COM | 0.43% | 0.55% | 0.43% |
 UNMUnum Group COM | 0.43% | 0.75% | 0.43% |
 SSBSouthState Bank Corporation | 0.43% | 0.60% | 0.43% |
 RRyder System, Inc. COM | 0.42% | 0.58% | 0.42% |
 CMCCommercial Metals Company COM | 0.40% | 0.46% | 0.40% |
 PFGCPerformance Food Group Co. COM | 0.40% | 1.02% | 0.40% |
 ZIONZions Bancorporation Natl Assn Global Bank COM | 0.39% | 0.59% | 0.39% |
 AVTAvnet, Inc. COM | 0.38% | 0.45% | 0.38% |
 OCOwens Corning COM | 0.38% | 0.69% | 0.38% |
 RNRRenaissancere Holdings Ltd. COM USD1 | 0.47% | 0.38% | 0.38% |
 PNFPPinnacle Financial Partners Inc. COM | 0.37% | 0.90% | 0.37% |
Frequently Asked Questions
How much do DFAT and MDYV overlap?
DFAT and MDYV overlap by 35.2% of portfolio weight. They share 164 holdings (DFAT holds 1281 positions and MDYV holds 297), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DFAT and MDYV?
The two portfolios are 35.2% 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 MDYV?
The largest positions held by both funds are PR, WCC, OVV, SNX and TOL. Together the top 10 shared positions account for 19% of the total overlap.
What does DFAT own that MDYV doesn't?
1117 positions (61.8% of DFAT) are unique to DFAT, led by CF, APA and VTRS. In the other direction, 133 positions (40.3% of MDYV) are unique to MDYV.