DFLV vs VONV: Holdings Overlap
DFLVDimensional US Large Cap Value ETF
Dimensional · 331 holdings · $6.8B · as of 2026-04-30
VONVVanguard Russell 1000 Value Index Fund
Vanguard · 865 holdings · $21.9B · as of 2026-05-31
Holdings snapshots are 31 days apart (DFLV: 2026-04-30, VONV: 2026-05-31). 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 VONV?
Dimensional US Large Cap Value ETF (DFLV, by Dimensional) holds 331 positions; Vanguard Russell 1000 Value Index Fund (VONV, by Vanguard) holds 865. They have 318 holdings in common, and by portfolio weight the two funds are 52.2% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 52.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 318DFLV holds 331 · VONV holds 865
- Weight in Shared Holdings
- DFLV 97%·VONV 66%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 (2.5% of the fund) are not held by VONV.
Only in VONV
547 of 865 positions (33.9% of the fund) are not held by DFLV. Showing the top 30 by weight.
Sector Breakdown
| Sector | DFLV | VONV |
|---|---|---|
| Financials | 21.6% | 18.5% |
| Information Technology | 11.2% | 17.8% |
| Energy | 15.1% | 6.3% |
| Industrials | 13.9% | 12.7% |
| Health Care | 13.8% | 10.6% |
| Other Sectors | 24.3% | 33.7% |
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.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| DFLV | +4.1% | +22.2% | +35.7% | +18.5% | — | — | 1.34% |
| VONV | +4.0% | +23.4% | +34.7% | +19.1% | +12.1% | +11.8% | 1.52% |
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 VONV →
Shared Holdings(318)
The top 10 shared positions account for 32% of the overlap, led by MU, JPM and AMZN.
 MUMicron Technology Inc. COM | 2.75% | 3.22% | 2.75% |
|---|---|---|---|
 JPMJPMorgan Chase & Co. COM | 4.59% | 2.27% | 2.27% |
 AMZNAmazon.com, Inc. COM | 3.15% | 2.12% | 2.12% |
 XOMExxon Mobil Corp. COM | 4.04% | 1.82% | 1.82% |
 BRK-BBerkshire Hathaway, Inc., Class B | 1.70% | 2.60% | 1.70% |
 JNJJohnson & Johnson COM | 2.40% | 1.61% | 1.61% |
 CSCOCisco Systems, Inc. COM | 1.90% | 1.42% | 1.42% |
 UNHUnitedHealth Group Inc. COM | 1.62% | 1.03% | 1.03% |
 CVXChevron Corp. COM | 2.04% | 1.02% | 1.02% |
 PGThe Procter & Gamble Co. COM | 1.39% | 1.00% | 1.00% |
 MRKMerck & Co., Inc COM | 1.19% | 0.88% | 0.88% |
 GSGoldman Sachs Group, Inc. (The) | 1.09% | 0.81% | 0.81% |
 BACBank of America Corp. COM | 0.73% | 0.93% | 0.73% |
 RTXRTX Corp. COM | 0.93% | 0.71% | 0.71% |
 WFCWells Fargo & Co. COM | 1.03% | 0.71% | 0.71% |
 MSMorgan Stanley COM NEW | 1.17% | 0.70% | 0.70% |
 LINLinde PLC COM EUR0.001 | 1.26% | 0.69% | 0.69% |
 INTCIntel Corporation COM | 0.62% | 1.50% | 0.62% |
 ADIAnalog Devices Inc. COM | 0.80% | 0.60% | 0.60% |
 VZVerizon Communications Inc. COM | 1.20% | 0.60% | 0.60% |
 TMOThermo Fisher Scientific Inc COM | 0.66% | 0.55% | 0.55% |
 TAT&T Inc COM | 1.08% | 0.51% | 0.51% |
 CCitigroup Inc. COM NEW | 0.45% | 0.51% | 0.45% |
 PFEPfizer Inc. COM | 0.84% | 0.44% | 0.44% |
 ABTAbbott Laboratories COM | 0.56% | 0.44% | 0.44% |
Showing the top 250 of 318 shared holdings by overlap weight.
Frequently Asked Questions
How much do DFLV and VONV overlap?
DFLV and VONV overlap by 52.2% of portfolio weight. They share 318 holdings (DFLV holds 331 positions and VONV holds 865), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DFLV and VONV?
The two portfolios are 52.2% 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 VONV?
The largest positions held by both funds are MU, JPM, AMZN, XOM and BRK-B. Together the top 10 shared positions account for 32% of the total overlap.
What does DFLV own that VONV doesn't?
13 positions (2.5% of DFLV) are unique to DFLV, led by TEL, NXPI and CCL. In the other direction, 547 positions (33.9% of VONV) are unique to VONV.