DFSV vs VTWO: Holdings Overlap
DFSVDimensional US Small Cap Value ETF
Dimensional · 1029 holdings · $8.2B · as of 2026-04-30
VTWOVanguard Russell 2000 Index Fund
Vanguard · 1952 holdings · $17.4B · as of 2026-05-31
Holdings snapshots are 31 days apart (DFSV: 2026-04-30, VTWO: 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 DFSV and VTWO?
Dimensional US Small Cap Value ETF (DFSV, by Dimensional) holds 1029 positions; Vanguard Russell 2000 Index Fund (VTWO, by Vanguard) holds 1952. They have 757 holdings in common, and by portfolio weight the two funds are 26.6% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 26.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 757DFSV holds 1029 · VTWO holds 1952
- Weight in Shared Holdings
- DFSV 55%·VTWO 32%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
272 of 1029 positions (45.0% of the fund) are not held by VTWO. Showing the top 30 by weight.
Only in VTWO
1195 of 1952 positions (67.7% of the fund) are not held by DFSV. Showing the top 30 by weight.
Sector Breakdown
| Sector | DFSV | VTWO |
|---|---|---|
| Financials | 26.4% | 14.3% |
| Industrials | 14.9% | 19.4% |
| Information Technology | 7.2% | 17.8% |
| Health Care | 6.6% | 15.5% |
| Consumer Discretionary | 12.7% | 7.3% |
| Other Sectors | 28.3% | 20.8% |
| Unclassified | 3.6% | 4.8% |
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 VTWO).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| DFSV | +4.5% | +23.4% | +37.6% | +15.2% | — | — | 1.33% |
| VTWO | +1.8% | +23.1% | +38.8% | +17.3% | +7.7% | +11.0% | 1.07% |
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 VTWO →
Shared Holdings(757)
The top 10 shared positions account for 8% of the overlap, led by VSAT, UMBF and CMC.
 VSATViaSat, Inc. COM | 0.53% | 0.29% | 0.29% |
|---|---|---|---|
 UMBFUMB Financial Corporation | 0.38% | 0.28% | 0.28% |
 CMCCommercial Metals Company COM | 0.52% | 0.25% | 0.25% |
 ONBOld National Bancorp COM | 0.56% | 0.25% | 0.25% |
 SMSM Energy Co. COM | 0.44% | 0.22% | 0.22% |
 JXNJackson Financial, Inc., Class A | 0.54% | 0.20% | 0.20% |
 VLYValley National Bancorp. COM | 0.50% | 0.20% | 0.20% |
 TEXTerex Corporation COM | 0.21% | 0.19% | 0.19% |
 VSHVishay Intertechnology, Inc. COM | 0.25% | 0.18% | 0.18% |
 ACAArcosa Inc COM | 0.35% | 0.18% | 0.18% |
 GATXGATX Corporation COM | 0.18% | 0.18% | 0.18% |
 UBSIUnited Bankshares Inc COM | 0.41% | 0.18% | 0.18% |
 NENoble Corporation PLC ORD SHS A | 0.49% | 0.17% | 0.17% |
 VALValaris Ltd. CL A | 0.33% | 0.17% | 0.17% |
 RIGNTransocean Ltd COM CHF0.10 | 0.45% | 0.17% | 0.17% |
 HWCHancock Whitney Corporation COM | 0.37% | 0.17% | 0.17% |
| Taylor Morrison Home Corp COM | 0.42% | 0.16% | 0.16% |
 MATXMatson Inc COM | 0.38% | 0.16% | 0.16% |
 NJRNew Jersey Resources Corporation | 0.21% | 0.16% | 0.16% |
 ABCBAmeris Bancorp COM | 0.30% | 0.16% | 0.16% |
 ESNTEssent Group Ltd. COM USD0.015 | 0.38% | 0.16% | 0.16% |
 AUBAtlantic Union Bankshares Corp COM | 0.36% | 0.16% | 0.16% |
 HOMBHome BancShares Inc. COM | 0.18% | 0.15% | 0.15% |
 LTHLife Time Group Holdings Inc COMMON STOCK | 0.25% | 0.15% | 0.15% |
 MURMurphy Oil Corporation COM | 0.41% | 0.14% | 0.14% |
Showing the top 250 of 757 shared holdings by overlap weight.
Frequently Asked Questions
How much do DFSV and VTWO overlap?
DFSV and VTWO overlap by 26.6% of portfolio weight. They share 757 holdings (DFSV holds 1029 positions and VTWO holds 1952), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DFSV and VTWO?
The two portfolios are 26.6% 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 VTWO?
The largest positions held by both funds are VSAT, UMBF, CMC, ONB and SM. Together the top 10 shared positions account for 8% of the total overlap.
What does DFSV own that VTWO doesn't?
272 positions (45.0% of DFSV) are unique to DFSV, led by DINO, OVV and APA. In the other direction, 1195 positions (67.7% of VTWO) are unique to VTWO.