DFSV vs SPY: Holdings Overlap
DFSVDimensional US Small Cap Value ETF
Dimensional · 1029 holdings · $8.2B · as of 2026-04-30
SPYState Street® SPDR® S&P 500® ETF Trust
State Street (SPDR) · 504 holdings · $812.0B · as of 2026-08-06
Holdings snapshots are 98 days apart (DFSV: 2026-04-30, SPY: 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 DFSV and SPY?
Dimensional US Small Cap Value ETF (DFSV, by Dimensional) holds 1029 positions; State Street® SPDR® S&P 500® ETF Trust (SPY, by State Street (SPDR)) holds 504. They have 18 holdings in common, and by portfolio weight the two funds are 0.3% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 18DFSV holds 1029 · SPY holds 504
- Weight in Shared Holdings
- DFSV 6%·SPY 0%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
1011 of 1029 positions (94.1% of the fund) are not held by SPY. Showing the top 30 by weight.
Sector Breakdown
| Sector | DFSV | SPY |
|---|---|---|
| Information Technology | 7.2% | 37.6% |
| Financials | 26.4% | 12.3% |
| Industrials | 14.9% | 8.8% |
| Consumer Discretionary | 12.7% | 9.3% |
| Energy | 12.6% | 3.2% |
| Other Sectors | 22.4% | 28.8% |
| Unclassified | 3.6% | 0.0% |
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, 0% of SPY).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| DFSV | +4.5% | +23.4% | +37.6% | +15.2% | — | — | 1.33% |
| SPY | +3.4% | +14.0% | +23.7% | +21.2% | +13.3% | +15.3% | 0.97% |
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 SPY →
Shared Holdings(18)
The top 10 shared positions account for 74% of the overlap, led by VTRS, SWK and IVZ.
 VTRSViatris Inc COM | 0.33% | 0.03% | 0.03% |
|---|---|---|---|
 SWKStanley Black & Decker, Inc. COM | 0.48% | 0.02% | 0.02% |
 IVZInvesco Ltd COM STK USD0.20 | 0.74% | 0.02% | 0.02% |
 BAXBaxter International, Inc. COM | 0.25% | 0.02% | 0.02% |
 APAAPA Corp. COM | 0.77% | 0.02% | 0.02% |
 CRLCharles River Laboratories International, Inc. COM | 0.13% | 0.02% | 0.02% |
 RVTYRevvity Inc COM | 0.32% | 0.02% | 0.02% |
 SJMThe J M Smucker Company COM NEW | 0.35% | 0.02% | 0.02% |
 HIIHuntington Ingalls Industries, Inc. COM | 0.26% | 0.02% | 0.02% |
 BENFranklin Resources Inc. COM | 0.22% | 0.02% | 0.02% |
 SWKSSkyworks Solutions, Inc. COM | 0.57% | 0.02% | 0.02% |
 UHSUniversal Health Services, Inc., Class B | 0.17% | 0.01% | 0.01% |
 MOSThe Mosaic Company COM | 0.49% | 0.01% | 0.01% |
 HRLHormel Foods Corp COM | 0.08% | 0.01% | 0.01% |
 TAPMolson Coors Beverage Co., Class B | 0.49% | 0.01% | 0.01% |
 BLDRBuilders Firstsource, Inc. COM | 0.01% | 0.01% | 0.01% |
 PSKYParamount Skydance Corp., Class B | 0.05% | 0.00% | 0.00% |
 HSICHenry Schein, Inc. COM | 0.00% | 0.01% | 0.00% |
Frequently Asked Questions
How much do DFSV and SPY overlap?
DFSV and SPY overlap by 0.3% of portfolio weight. They share 18 holdings (DFSV holds 1029 positions and SPY holds 504), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DFSV and SPY?
The two portfolios are 0.3% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of DFSV and SPY?
The largest positions held by both funds are VTRS, SWK, IVZ, BAX and APA. Together the top 10 shared positions account for 74% of the total overlap.
What does DFSV own that SPY doesn't?
1011 positions (94.1% of DFSV) are unique to DFSV, led by DINO, OVV and BWA. In the other direction, 486 positions (99.6% of SPY) are unique to SPY.