DFIV vs GNR: Holdings Overlap
DFIVDimensional International Value ETF
Dimensional · 572 holdings · $21.4B · as of 2026-04-30
GNRState Street® SPDR® S&P® Global Natural Resources ETF
State Street (SPDR) · 94 holdings · $4.8B · as of 2026-08-06
Holdings snapshots are 98 days apart (DFIV: 2026-04-30, GNR: 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 DFIV and GNR?
Dimensional International Value ETF (DFIV, by Dimensional) holds 572 positions; State Street® SPDR® S&P® Global Natural Resources ETF (GNR, by State Street (SPDR)) holds 94. They have 32 holdings in common, and by portfolio weight the two funds are 11.5% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 11.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 32DFIV holds 572 · GNR holds 94
- Weight in Shared Holdings
- DFIV 12%·GNR 42%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 DFIV
540 of 572 positions (87.6% of the fund) are not held by GNR. Showing the top 30 by weight.
Sector Breakdown
| Sector | DFIV | GNR |
|---|---|---|
| Materials | 9.8% | 57.3% |
| Energy | 14.9% | 32.0% |
| Financials | 30.2% | 0.0% |
| Industrials | 6.6% | 0.0% |
| Consumer Discretionary | 6.3% | 0.0% |
| Other Sectors | 18.3% | 4.6% |
| Unclassified | 13.0% | 5.5% |
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 (13% of DFIV, 6% of GNR).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| DFIV | +4.9% | +18.1% | +34.9% | +24.0% | — | — | 2.55% |
| GNR | +9.0% | +20.6% | +37.3% | +13.2% | +11.1% | +10.4% | 2.46% |
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 DFIV vs GNR →
Shared Holdings(32)
The top 10 shared positions account for 76% of the overlap, led by TTE, SU and ENI.
 TTETotalEnergies SE EUR2.5 | 2.23% | 3.01% | 2.23% |
|---|---|---|---|
 SUSuncor Energy, Inc. | 1.17% | 1.27% | 1.17% |
 ENIEni SpA | 0.94% | 0.97% | 0.94% |
 SHELShell PLC | 0.82% | 4.37% | 0.82% |
 NTRNutrien Ltd. | 0.79% | 4.70% | 0.79% |
 GLENPENGlencore PLC | 0.67% | 1.74% | 0.67% |
 CVECenovus Energy, Inc. | 0.65% | 0.66% | 0.65% |
 REPRepsol SA | 0.60% | 0.56% | 0.56% |
 WDSWoodside Energy Group Ltd | 0.52% | 0.73% | 0.52% |
 RIORio Tinto Ltd. | 0.44% | 1.11% | 0.44% |
 TECKTeck Resources Ltd., Class B | 0.35% | 0.71% | 0.35% |
 ABXBarrick Mining Corp. | 0.34% | 1.67% | 0.34% |
 BP-BP plc | 0.25% | 1.89% | 0.25% |
 MTArcelorMittal SA | 0.24% | 0.75% | 0.24% |
 FMGFortescue Ltd | 0.24% | 0.52% | 0.24% |
 EQNREquinor ASA | 0.17% | 0.56% | 0.17% |
 5401Nippon Steel Corp. NPV | 0.16% | 0.56% | 0.16% |
 AALAnglo American PLC | 0.15% | 1.52% | 0.15% |
 NSTNorthern Star Resources Ltd. | 0.13% | 0.54% | 0.13% |
 FMFirst Quantum Minerals Ltd. | 0.11% | 0.49% | 0.11% |
 IPInternational Paper Co. COM | 0.09% | 1.13% | 0.09% |
 3861Oji Holdings Corp. NPV | 0.09% | 0.95% | 0.09% |
 NHYNorsk Hydro ASA | 0.08% | 0.29% | 0.08% |
 UPMUPM-Kymmene Oyj | 0.08% | 2.75% | 0.08% |
 WILWilmar International Ltd | 0.08% | 1.56% | 0.08% |
Frequently Asked Questions
How much do DFIV and GNR overlap?
DFIV and GNR overlap by 11.5% of portfolio weight. They share 32 holdings (DFIV holds 572 positions and GNR holds 94), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DFIV and GNR?
The two portfolios are 11.5% 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 DFIV and GNR?
The largest positions held by both funds are TTE, SU, ENI, SHEL and NTR. Together the top 10 shared positions account for 76% of the total overlap.
What does DFIV own that GNR doesn't?
540 positions (87.6% of DFIV) are unique to DFIV, led by SHEL, 7203 and SAN. In the other direction, 62 positions (57.2% of GNR) are unique to GNR.