DFIV vs GUNR: Holdings Overlap
DFIVDimensional International Value ETF
Dimensional · 572 holdings · $21.4B · as of 2026-04-30
GUNRFlexShares Morningstar Global Upstream Natural Resources Index Fund
FlexShares · 148 holdings · $7.2B · as of 2026-04-30
How similar are DFIV and GUNR?
Dimensional International Value ETF (DFIV, by Dimensional) holds 572 positions; FlexShares Morningstar Global Upstream Natural Resources Index Fund (GUNR, by FlexShares) holds 148. They have 35 holdings in common, and by portfolio weight the two funds are 11.8% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 11.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 35DFIV holds 572 · GUNR holds 148
- Weight in Shared Holdings
- DFIV 13%·GUNR 33%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
537 of 572 positions (86.5% of the fund) are not held by GUNR. Showing the top 30 by weight.
Sector Breakdown
| Sector | DFIV | GUNR |
|---|---|---|
| Materials | 9.8% | 43.0% |
| Energy | 14.9% | 32.2% |
| Financials | 30.2% | 0.0% |
| Consumer Staples | 4.3% | 8.4% |
| Industrials | 6.6% | 0.6% |
| Other Sectors | 20.4% | 5.1% |
| Unclassified | 13.0% | 10.6% |
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, 11% of GUNR).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| DFIV | +4.9% | +18.1% | +34.9% | +24.0% | — | — | 2.55% |
| GUNR | +6.1% | +16.9% | +32.8% | +11.8% | +10.9% | +10.3% | 2.30% |
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 GUNR →
Shared Holdings(35)
The top 10 shared positions account for 72% of the overlap, led by TTE, SU and ENI.
 TTETotalEnergies SE EUR2.5 | 2.23% | 2.87% | 2.23% |
|---|---|---|---|
 SUSuncor Energy, Inc. | 1.17% | 1.28% | 1.17% |
 ENIEni SpA | 0.94% | 0.84% | 0.84% |
 SHELShell PLC | 0.82% | 3.89% | 0.82% |
 NTRNutrien Ltd. | 0.79% | 4.83% | 0.79% |
 GLENPENGlencore PLC | 0.67% | 1.48% | 0.67% |
 CVECenovus Energy, Inc. | 0.65% | 0.61% | 0.61% |
 WDSWoodside Energy Group Ltd. | 0.52% | 0.66% | 0.52% |
 REPRepsol SA | 0.60% | 0.43% | 0.43% |
 TECKTeck Resources Ltd., Class B | 0.35% | 0.58% | 0.35% |
 1605Inpex Corp. NPV | 0.51% | 0.35% | 0.35% |
 ABXBarrick Mining Corp. | 0.34% | 1.37% | 0.34% |
 TOUTourmaline Oil Corp. | 0.51% | 0.28% | 0.28% |
 STOSantos Ltd. | 0.39% | 0.25% | 0.25% |
 BP-BP plc | 0.25% | 1.81% | 0.25% |
 LUNLundin Mining Corp. | 0.25% | 0.41% | 0.25% |
 BOLBoliden AB | 0.24% | 0.33% | 0.24% |
 FMGFortescue Ltd. | 0.24% | 0.48% | 0.24% |
 PAASPan American Silver Corp. | 0.19% | 0.47% | 0.19% |
 EQNREquinor ASA | 0.17% | 0.43% | 0.17% |
 AALAnglo American PLC | 0.15% | 1.17% | 0.15% |
 NSTNorthern Star Resources Ltd. | 0.13% | 0.49% | 0.13% |
 FMFirst Quantum Minerals Ltd. | 0.11% | 0.39% | 0.11% |
 3861Oji Holdings Corp. NPV | 0.09% | 0.27% | 0.09% |
 UPMUPM-Kymmene Oyj | 0.08% | 0.88% | 0.08% |
Frequently Asked Questions
How much do DFIV and GUNR overlap?
DFIV and GUNR overlap by 11.8% of portfolio weight. They share 35 holdings (DFIV holds 572 positions and GUNR holds 148), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DFIV and GUNR?
The two portfolios are 11.8% 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 GUNR?
The largest positions held by both funds are TTE, SU, ENI, SHEL and NTR. Together the top 10 shared positions account for 72% of the total overlap.
What does DFIV own that GUNR doesn't?
537 positions (86.5% of DFIV) are unique to DFIV, led by SHEL, 7203 and SAN. In the other direction, 113 positions (66.7% of GUNR) are unique to GUNR.