DFSV vs XME: Holdings Overlap
DFSVDimensional US Small Cap Value ETF
Dimensional · 1029 holdings · $8.2B · as of 2026-04-30
XMEState Street® SPDR® S&P® Metals & Mining ETF
State Street (SPDR) · 39 holdings · $4.0B · as of 2026-08-06
Holdings snapshots are 98 days apart (DFSV: 2026-04-30, XME: 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 XME?
Dimensional US Small Cap Value ETF (DFSV, by Dimensional) holds 1029 positions; State Street® SPDR® S&P® Metals & Mining ETF (XME, by State Street (SPDR)) holds 39. They have 15 holdings in common, and by portfolio weight the two funds are 2.0% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 2.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 15DFSV holds 1029 · XME holds 39
- Weight in Shared Holdings
- DFSV 2%·XME 35%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
1014 of 1029 positions (97.8% of the fund) are not held by XME. Showing the top 30 by weight.
Sector Breakdown
| Sector | DFSV | XME |
|---|---|---|
| Materials | 6.1% | 76.0% |
| Financials | 26.4% | 0.0% |
| Energy | 12.6% | 20.5% |
| Industrials | 14.9% | 0.0% |
| Consumer Discretionary | 12.7% | 0.0% |
| Other Sectors | 23.4% | 0.0% |
| Unclassified | 3.6% | 3.4% |
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. “Unclassified” is weight we could not classify (4% of DFSV, 3% of XME).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| DFSV | +4.5% | +23.4% | +37.6% | +15.2% | — | — | 1.33% |
| XME | +12.9% | +11.8% | +49.0% | +31.5% | +22.7% | +16.4% | 0.32% |
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 XME →
Shared Holdings(15)
The top 10 shared positions account for 93% of the overlap, led by CMC, AA and BTU.
 CMCCommercial Metals Company COM | 0.52% | 4.08% | 0.52% |
|---|---|---|---|
 AAAlcoa Corporation COM | 0.26% | 2.95% | 0.26% |
 BTUPeabody Energy Corp. COM | 0.22% | 3.32% | 0.22% |
 AMRAlpha Metallurgical Resources Inc COM | 0.16% | 1.87% | 0.16% |
 CNRCore Natural Resources Inc. COM SHS | 0.15% | 4.02% | 0.15% |
 KALUKaiser Aluminium Corporation COM PAR $0.01 | 0.13% | 2.49% | 0.13% |
 CLFCleveland-Cliffs Inc COM | 0.13% | 4.02% | 0.13% |
 WSWorthington Steel Inc. COM SHS | 0.12% | 0.64% | 0.12% |
 HCCWarrior Met Coal Inc COM | 0.10% | 3.84% | 0.10% |
 RYZRyerson Holding Corporation COM | 0.08% | 0.66% | 0.08% |
 MTUSMetallus Inc. COM | 0.06% | 0.46% | 0.06% |
 SXCSunCoke Energy, Inc. COM | 0.05% | 0.87% | 0.05% |
 METCRamaco Resources, Inc., Class A | 0.03% | 0.46% | 0.03% |
 MTRNMaterion Corp COM | 0.01% | 3.82% | 0.01% |
 MUXMcEwen, Inc. | 0.00% | 1.30% | 0.00% |
Frequently Asked Questions
How much do DFSV and XME overlap?
DFSV and XME overlap by 2.0% of portfolio weight. They share 15 holdings (DFSV holds 1029 positions and XME holds 39), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DFSV and XME?
The two portfolios are 2.0% 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 XME?
The largest positions held by both funds are CMC, AA, BTU, AMR and CNR. Together the top 10 shared positions account for 93% of the total overlap.
What does DFSV own that XME doesn't?
1014 positions (97.8% of DFSV) are unique to DFSV, led by DINO, OVV and APA. In the other direction, 24 positions (65.2% of XME) are unique to XME.