DFAT vs VB: Holdings Overlap
DFATDimensional U.S. Targeted Value ETF
Dimensional · 1281 holdings · $14.5B · as of 2026-04-30
VBVanguard Small-cap Index Fund
Vanguard · 1312 holdings · $82.5B · as of 2026-03-31
Holdings snapshots are 30 days apart (DFAT: 2026-04-30, VB: 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 VB?
Dimensional U.S. Targeted Value ETF (DFAT, by Dimensional) holds 1281 positions; Vanguard Small-cap Index Fund (VB, by Vanguard) holds 1312. They have 589 holdings in common, and by portfolio weight the two funds are 29.9% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 29.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 589DFAT holds 1281 · VB holds 1312
- Weight in Shared Holdings
- DFAT 85%·VB 36%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
692 of 1281 positions (14.8% of the fund) are not held by VB. Showing the top 30 by weight.
Sector Breakdown
| Sector | DFAT | VB |
|---|---|---|
| Financials | 26.9% | 13.4% |
| Industrials | 16.5% | 21.2% |
| Information Technology | 7.9% | 13.8% |
| Consumer Discretionary | 12.9% | 10.5% |
| Health Care | 5.8% | 11.6% |
| Other Sectors | 26.7% | 28.5% |
| Unclassified | 2.9% | 0.7% |
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, 1% of VB).
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% |
| VB | +2.5% | +19.5% | +29.1% | +15.9% | +8.1% | +11.3% | 1.18% |
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 VB →
Shared Holdings(589)
The top 10 shared positions account for 8% of the overlap, led by CF, AA and OVV.
 CFCF Industries Holdings, Inc. COM | 0.82% | 0.28% | 0.28% |
|---|---|---|---|
 AAAlcoa Corporation COM | 0.28% | 0.25% | 0.25% |
 OVVOvintiv Inc COM | 0.73% | 0.24% | 0.24% |
 AKAMAkamai Technologies, Inc. COM | 0.60% | 0.23% | 0.23% |
 PRPermian Resources Corporation Class A | 0.89% | 0.23% | 0.23% |
 BALLBall Corporation COM | 0.67% | 0.22% | 0.22% |
 VTRSViatris Inc COM | 0.71% | 0.22% | 0.22% |
 APAAPA Corp. COM | 0.73% | 0.21% | 0.21% |
 TXTTextron Inc. COM | 0.20% | 0.21% | 0.20% |
 JLLJones Lang LaSalle Incorporated COM | 0.21% | 0.20% | 0.20% |
 DTMDT Midstream Inc COMMON STOCK | 0.31% | 0.19% | 0.19% |
 RGAReinsurance Group of America, Incorporated COM NEW | 0.29% | 0.19% | 0.19% |
 WCCWesco International, Inc. COM | 0.86% | 0.19% | 0.19% |
 TRUTransUnion COM | 0.20% | 0.19% | 0.19% |
 PNFPPinnacle Financial Partners Inc. COM | 0.37% | 0.18% | 0.18% |
 TOLToll Brothers, Inc. COM | 0.64% | 0.18% | 0.18% |
 RNRRenaissancere Holdings Ltd. COM USD1 | 0.47% | 0.18% | 0.18% |
 PFGCPerformance Food Group Co. COM | 0.40% | 0.18% | 0.18% |
 RRXRegal Rexnord Corporation COM | 0.51% | 0.17% | 0.17% |
 ARAntero Resources Corporation COM | 0.50% | 0.17% | 0.17% |
 SNXTD SYNNEX Corporation | 0.67% | 0.17% | 0.17% |
 CACICACI International, Inc., Class A | 0.21% | 0.17% | 0.17% |
 FNFFidelity National Financial Inc. - FNF Group | 0.20% | 0.17% | 0.17% |
 ELANElanco Animal Health Inc COM | 0.46% | 0.17% | 0.17% |
 ALGNAlign Technology Inc. COM | 0.21% | 0.16% | 0.16% |
Showing the top 250 of 589 shared holdings by overlap weight.
Frequently Asked Questions
How much do DFAT and VB overlap?
DFAT and VB overlap by 29.9% of portfolio weight. They share 589 holdings (DFAT holds 1281 positions and VB holds 1312), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DFAT and VB?
The two portfolios are 29.9% 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 VB?
The largest positions held by both funds are CF, AA, OVV, AKAM and PR. Together the top 10 shared positions account for 8% of the total overlap.
What does DFAT own that VB doesn't?
692 positions (14.8% of DFAT) are unique to DFAT, led by DOX, STNG and BIRK. In the other direction, 723 positions (64.1% of VB) are unique to VB.