DFSV vs IWM: Holdings Overlap
DFSVDimensional US Small Cap Value ETF
Dimensional · 1029 holdings · $8.2B · as of 2026-04-30
iShares · 1941 holdings · $82.2B · as of 2026-03-31
Holdings snapshots are 30 days apart (DFSV: 2026-04-30, IWM: 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 DFSV and IWM?
Dimensional US Small Cap Value ETF (DFSV, by Dimensional) holds 1029 positions; iShares Russell 2000 ETF (IWM, by iShares) holds 1941. They have 764 holdings in common, and by portfolio weight the two funds are 28.3% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 28.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 764DFSV holds 1029 · IWM holds 1941
- Weight in Shared Holdings
- DFSV 55%·IWM 34%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 DFSV
265 of 1029 positions (44.9% of the fund) are not held by IWM. Showing the top 30 by weight.
Sector Breakdown
| Sector | DFSV | IWM |
|---|---|---|
| Financials | 26.4% | 15.3% |
| Industrials | 14.9% | 17.9% |
| Health Care | 6.6% | 16.6% |
| Information Technology | 7.2% | 13.6% |
| Consumer Discretionary | 12.7% | 8.0% |
| Other Sectors | 28.3% | 22.7% |
| Unclassified | 3.6% | 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 (4% of DFSV, 5% of IWM).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| DFSV | +4.5% | +23.4% | +37.6% | +15.2% | — | — | 1.33% |
| IWM | +1.8% | +23.0% | +38.6% | +17.1% | +7.5% | +10.8% | 0.88% |
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 DFSV vs IWM →
Shared Holdings(764)
The top 10 shared positions account for 8% of the overlap, led by UMBF, SM and ONB.
 UMBFUMB Financial Corporation | 0.38% | 0.28% | 0.28% |
|---|---|---|---|
 SMSM Energy Co. COM | 0.44% | 0.26% | 0.26% |
 ONBOld National Bancorp COM | 0.56% | 0.26% | 0.26% |
 JXNJackson Financial, Inc., Class A | 0.54% | 0.24% | 0.24% |
 CMCCommercial Metals Company COM | 0.52% | 0.23% | 0.23% |
 NENoble Corporation PLC ORD SHS A | 0.49% | 0.21% | 0.21% |
 RIGNTransocean Ltd COM CHF0.10 | 0.45% | 0.21% | 0.21% |
 TEXTerex Corporation COM | 0.21% | 0.23% | 0.21% |
 VALValaris Ltd. CL A | 0.33% | 0.21% | 0.21% |
 VLYValley National Bancorp. COM | 0.50% | 0.20% | 0.20% |
 UBSIUnited Bankshares Inc COM | 0.41% | 0.20% | 0.20% |
 VSATViaSat, Inc. COM | 0.53% | 0.19% | 0.19% |
 MURMurphy Oil Corporation COM | 0.41% | 0.19% | 0.19% |
| Taylor Morrison Home Corp COM | 0.42% | 0.19% | 0.19% |
 NJRNew Jersey Resources Corporation | 0.21% | 0.19% | 0.19% |
 ESNTEssent Group Ltd. COM USD0.015 | 0.38% | 0.18% | 0.18% |
 HWCHancock Whitney Corporation COM | 0.37% | 0.18% | 0.18% |
 CNXCNX Resources Corporation COM | 0.39% | 0.18% | 0.18% |
 GATXGATX Corporation COM | 0.18% | 0.21% | 0.18% |
 ACAArcosa Inc COM | 0.35% | 0.18% | 0.18% |
 HOMBHome BancShares Inc. COM | 0.18% | 0.17% | 0.17% |
 CRCCalifornia Resources Corporation COM STOCK | 0.34% | 0.17% | 0.17% |
 ABCBAmeris Bancorp COM | 0.30% | 0.17% | 0.17% |
 MATXMatson Inc COM | 0.38% | 0.17% | 0.17% |
 AUBAtlantic Union Bankshares Corp COM | 0.36% | 0.17% | 0.17% |
Showing the top 250 of 764 shared holdings by overlap weight.
Frequently Asked Questions
How much do DFSV and IWM overlap?
DFSV and IWM overlap by 28.3% of portfolio weight. They share 764 holdings (DFSV holds 1029 positions and IWM holds 1941), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DFSV and IWM?
The two portfolios are 28.3% 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 DFSV and IWM?
The largest positions held by both funds are UMBF, SM, ONB, JXN and CMC. Together the top 10 shared positions account for 8% of the total overlap.
What does DFSV own that IWM doesn't?
265 positions (44.9% of DFSV) are unique to DFSV, led by DINO, OVV and APA. In the other direction, 1177 positions (65.9% of IWM) are unique to IWM.