DFAT vs XMHQ: Holdings Overlap
DFATDimensional U.S. Targeted Value ETF
Dimensional · 1281 holdings · $14.5B · as of 2026-04-30
XMHQInvesco S&P MidCap Quality ETF
Invesco · 80 holdings · $5.5B · as of 2026-04-30
How similar are DFAT and XMHQ?
Dimensional U.S. Targeted Value ETF (DFAT, by Dimensional) holds 1281 positions; Invesco S&P MidCap Quality ETF (XMHQ, by Invesco) holds 80. They have 26 holdings in common, and by portfolio weight the two funds are 4.4% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 4.4%Sum of the smaller weight of each shared holding
- Shared Holdings
- 26DFAT holds 1281 · XMHQ holds 80
- Weight in Shared Holdings
- DFAT 4%·XMHQ 19%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
1255 of 1281 positions (95.4% of the fund) are not held by XMHQ. Showing the top 30 by weight.
Sector Breakdown
| Sector | DFAT | XMHQ |
|---|---|---|
| Industrials | 16.5% | 28.5% |
| Financials | 26.9% | 15.1% |
| Health Care | 5.8% | 19.7% |
| Consumer Discretionary | 12.9% | 9.5% |
| Energy | 10.8% | 6.7% |
| Other Sectors | 23.9% | 20.5% |
| 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 XMHQ).
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% |
| XMHQ | +4.3% | +16.0% | +18.7% | +14.6% | +10.6% | +13.0% | 0.55% |
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 XMHQ →
Shared Holdings(26)
The top 10 shared positions account for 67% of the overlap, led by RNR, ELAN and INGR.
 RNRRenaissancere Holdings Ltd. COM USD1 | 0.47% | 1.72% | 0.47% |
|---|---|---|---|
 ELANElanco Animal Health Inc COM | 0.46% | 1.44% | 0.46% |
 INGRIngredion Incorporated COM | 0.37% | 1.05% | 0.37% |
 MTGMGIC Investment Corporation | 0.31% | 0.71% | 0.31% |
 AAAlcoa Corporation COM | 0.28% | 1.94% | 0.28% |
 ESNTEssent Group Ltd. COM USD0.015 | 0.26% | 0.67% | 0.26% |
 GGenpact Ltd. COM STK USD0.01 | 0.23% | 0.69% | 0.23% |
 NVSTEnvista Holdings Corporation COM | 0.20% | 0.54% | 0.20% |
 AFGAmerican Financial Group, Inc. COM | 0.18% | 1.13% | 0.18% |
 IPGPIPG Photonics Corporation | 0.18% | 0.41% | 0.18% |
 PPCPilgrims Pride Corporation COM | 0.17% | 0.24% | 0.17% |
 THGThe Hanover Insurance Group, Inc. COM | 0.14% | 0.87% | 0.14% |
 VCVisteon Corporation COM NEW | 0.13% | 0.39% | 0.13% |
 FCNFTI Consulting, Inc. COM | 0.12% | 0.68% | 0.12% |
 CRUSCirrus Logic, Inc. COM | 0.11% | 0.98% | 0.11% |
 CBTCabot Corporation COM | 0.11% | 0.47% | 0.11% |
 GEFGreif, Inc., Class A | 0.10% | 0.22% | 0.10% |
 ANFAbercrombie & Fitch Co., Class A | 0.10% | 0.50% | 0.10% |
 COLMColumbia Sportswear Company | 0.10% | 0.22% | 0.10% |
 ALVAutoliv Inc. COM | 0.09% | 1.16% | 0.09% |
 SAMBoston Beer Co., Inc. (The), Class A | 0.09% | 0.24% | 0.09% |
 MSMMSC Industrial Direct Co., Inc., Class A | 0.06% | 0.61% | 0.06% |
 GMEDGlobus Medical, Inc., Class A | 0.06% | 1.28% | 0.06% |
 LPXLouisiana Pacific Corporation COM | 0.05% | 0.50% | 0.05% |
 FFINFirst Financial Bankshares Inc COM | 0.01% | 0.50% | 0.01% |
Frequently Asked Questions
How much do DFAT and XMHQ overlap?
DFAT and XMHQ overlap by 4.4% of portfolio weight. They share 26 holdings (DFAT holds 1281 positions and XMHQ holds 80), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DFAT and XMHQ?
The two portfolios are 4.4% 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 XMHQ?
The largest positions held by both funds are RNR, ELAN, INGR, MTG and AA. Together the top 10 shared positions account for 67% of the total overlap.
What does DFAT own that XMHQ doesn't?
1255 positions (95.4% of DFAT) are unique to DFAT, led by PR, WCC and CF. In the other direction, 54 positions (80.5% of XMHQ) are unique to XMHQ.