DFLV vs IWD: Holdings Overlap
DFLVDimensional US Large Cap Value ETF
Dimensional · 331 holdings · $6.8B · as of 2026-04-30
IWDiShares Russell 1000 Value ETF
iShares · 866 holdings · $83.6B · as of 2026-03-31
Holdings snapshots are 30 days apart (DFLV: 2026-04-30, IWD: 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 DFLV and IWD?
Dimensional US Large Cap Value ETF (DFLV, by Dimensional) holds 331 positions; iShares Russell 1000 Value ETF (IWD, by iShares) holds 866. They have 318 holdings in common, and by portfolio weight the two funds are 53.8% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 53.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 318DFLV holds 331 · IWD holds 866
- Weight in Shared Holdings
- DFLV 98%·IWD 65%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 DFLV
13 of 331 positions (2.0% of the fund) are not held by IWD.
Sector Breakdown
| Sector | DFLV | IWD |
|---|---|---|
| Financials | 21.6% | 20.0% |
| Energy | 15.1% | 7.7% |
| Industrials | 13.9% | 13.4% |
| Health Care | 13.8% | 11.7% |
| Information Technology | 11.2% | 11.7% |
| Other Sectors | 24.3% | 35.4% |
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.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| DFLV | +4.1% | +22.2% | +35.7% | +18.5% | — | — | 1.34% |
| IWD | +4.0% | +23.3% | +34.5% | +19.0% | +11.9% | +11.7% | 1.36% |
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 DFLV vs IWD →
Shared Holdings(318)
The top 10 shared positions account for 30% of the overlap, led by JPM, XOM and JNJ.
 JPMJPMorgan Chase & Co. COM | 4.59% | 2.63% | 2.63% |
|---|---|---|---|
 XOMExxon Mobil Corp. COM | 4.04% | 2.36% | 2.36% |
 JNJJohnson & Johnson COM | 2.40% | 1.94% | 1.94% |
 AMZNAmazon.com, Inc. COM | 3.15% | 1.81% | 1.81% |
 BRK-BBerkshire Hathaway, Inc., Class B | 1.70% | 2.91% | 1.70% |
 CVXChevron Corp. COM | 2.04% | 1.28% | 1.28% |
 MUMicron Technology Inc. COM | 2.75% | 1.24% | 1.24% |
 PGThe Procter & Gamble Co. COM | 1.39% | 1.12% | 1.12% |
 CSCOCisco Systems, Inc. COM | 1.90% | 1.02% | 1.02% |
 MRKMerck & Co., Inc COM | 1.19% | 0.98% | 0.98% |
 RTXRTX Corp. COM | 0.93% | 0.85% | 0.85% |
 WFCWells Fargo & Co. COM | 1.03% | 0.81% | 0.81% |
 UNHUnitedHealth Group Inc. COM | 1.62% | 0.81% | 0.81% |
 GSGoldman Sachs Group, Inc. (The) | 1.09% | 0.77% | 0.77% |
 LINLinde PLC COM EUR0.001 | 1.26% | 0.77% | 0.77% |
 BACBank of America Corp. COM | 0.73% | 0.97% | 0.73% |
 VZVerizon Communications Inc. COM | 1.20% | 0.70% | 0.70% |
 TAT&T Inc COM | 1.08% | 0.66% | 0.66% |
 INTCIntel Corporation COM | 0.62% | 0.64% | 0.62% |
 MSMorgan Stanley COM NEW | 1.17% | 0.61% | 0.61% |
 TMOThermo Fisher Scientific Inc COM | 0.66% | 0.61% | 0.61% |
 ABTAbbott Laboratories COM | 0.56% | 0.58% | 0.56% |
 COPConocoPhillips COM | 0.92% | 0.54% | 0.54% |
 PFEPfizer Inc. COM | 0.84% | 0.52% | 0.52% |
 ADIAnalog Devices Inc. COM | 0.80% | 0.51% | 0.51% |
Showing the top 250 of 318 shared holdings by overlap weight.
Frequently Asked Questions
How much do DFLV and IWD overlap?
DFLV and IWD overlap by 53.8% of portfolio weight. They share 318 holdings (DFLV holds 331 positions and IWD holds 866), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DFLV and IWD?
The two portfolios are 53.8% identical by weight. Owning both is defensible: they share a meaningful core, but each fund adds exposure the other lacks.
What are the biggest shared holdings of DFLV and IWD?
The largest positions held by both funds are JPM, XOM, JNJ, AMZN and BRK-B. Together the top 10 shared positions account for 30% of the total overlap.
What does DFLV own that IWD doesn't?
13 positions (2.0% of DFLV) are unique to DFLV, led by TEL, NXPI and VRTX. In the other direction, 548 positions (34.6% of IWD) are unique to IWD.