DFAT vs SPLV: Holdings Overlap
DFATDimensional U.S. Targeted Value ETF
Dimensional · 1281 holdings · $14.5B · as of 2026-04-30
SPLVInvesco S&P 500 Low Volatility ETF
Invesco · 100 holdings · $7.2B · as of 2026-05-31
Holdings snapshots are 31 days apart (DFAT: 2026-04-30, SPLV: 2026-05-31). 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 SPLV?
Dimensional U.S. Targeted Value ETF (DFAT, by Dimensional) holds 1281 positions; Invesco S&P 500 Low Volatility ETF (SPLV, by Invesco) holds 100. They have 1 holdings in common, and by portfolio weight the two funds are 0.5% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 1DFAT holds 1281 · SPLV holds 100
- Weight in Shared Holdings
- DFAT 0%·SPLV 1%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
1280 of 1281 positions (99.3% of the fund) are not held by SPLV. Showing the top 30 by weight.
Sector Breakdown
| Sector | DFAT | SPLV |
|---|---|---|
| Financials | 26.9% | 21.0% |
| Utilities | 0.4% | 25.0% |
| Real Estate | 0.8% | 17.7% |
| Industrials | 16.5% | 12.2% |
| Consumer Discretionary | 12.9% | 4.0% |
| Other Sectors | 39.3% | 19.8% |
| 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 SPLV).
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% |
| SPLV | -0.7% | +8.1% | +6.1% | +9.1% | +6.0% | +8.3% | 2.12% |
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 SPLV →
Shared Holdings(1)
 GLGlobe Life Inc COM | 0.45% | 0.91% | 0.45% |
|---|
Frequently Asked Questions
How much do DFAT and SPLV overlap?
DFAT and SPLV overlap by 0.5% of portfolio weight. They share 1 holdings (DFAT holds 1281 positions and SPLV holds 100), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DFAT and SPLV?
The two portfolios are 0.5% 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 SPLV?
The largest positions held by both funds are GL. Together the top 1 shared positions account for 100% of the total overlap.
What does DFAT own that SPLV doesn't?
1280 positions (99.3% of DFAT) are unique to DFAT, led by PR, WCC and CF. In the other direction, 99 positions (98.8% of SPLV) are unique to SPLV.