DYNF vs PBUS: Holdings Overlap
DYNFiShares U.S. Equity Factor Rotation Active ETF
iShares · 187 holdings · $38.6B · as of 2026-04-30
Invesco · 537 holdings · $11.4B · as of 2026-05-31
Holdings snapshots are 31 days apart (DYNF: 2026-04-30, PBUS: 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 DYNF and PBUS?
iShares U.S. Equity Factor Rotation Active ETF (DYNF, by iShares) holds 187 positions; Invesco MSCI USA ETF (PBUS, by Invesco) holds 537. They have 156 holdings in common, and by portfolio weight the two funds are 61.9% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 61.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 156DYNF holds 187 · PBUS holds 537
- Weight in Shared Holdings
- DYNF 99%·PBUS 73%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 DYNF
31 of 187 positions (0.9% of the fund) are not held by PBUS. Showing the top 30 by weight.
Sector Breakdown
| Sector | DYNF | PBUS |
|---|---|---|
| Information Technology | 39.3% | 38.0% |
| Financials | 16.1% | 11.1% |
| Communication Services | 11.6% | 10.7% |
| Consumer Discretionary | 7.6% | 9.7% |
| Industrials | 8.6% | 8.5% |
| Other Sectors | 16.2% | 21.6% |
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 |
|---|---|---|---|---|---|---|---|
| DYNF | +4.0% | +15.6% | +25.9% | +25.0% | +15.5% | — | 0.77% |
| PBUS | +3.4% | +14.0% | +23.4% | +21.4% | +12.9% | — | 0.99% |
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 DYNF vs PBUS →
Shared Holdings(156)
The top 10 shared positions account for 59% of the overlap, led by NVDA, AAPL and MSFT.
 NVDANVIDIA Corp. | 8.57% | 7.77% | 7.77% |
|---|---|---|---|
 AAPLApple Inc. | 7.71% | 6.94% | 6.94% |
 MSFTMicrosoft Corp. | 5.32% | 4.81% | 4.81% |
 AMZNAmazon.com, Inc. | 4.40% | 3.94% | 3.94% |
 AVGOBroadcom Inc. | 3.24% | 3.05% | 3.05% |
 GOOGLAlphabet Inc., Class A | 2.85% | 3.35% | 2.85% |
 METAMeta Platforms, Inc., Class A | 2.48% | 2.09% | 2.09% |
 GOOGAlphabet Inc., Class C | 2.08% | 2.77% | 2.08% |
 TSLATesla, Inc. | 1.73% | 1.86% | 1.73% |
 MUMicron Technology, Inc. | 1.35% | 1.65% | 1.35% |
 JPMJPMorgan Chase & Co. | 3.57% | 1.23% | 1.23% |
 AMDAdvanced Micro Devices, Inc. | 1.14% | 1.27% | 1.14% |
 BRK-BBerkshire Hathaway Inc., Class B | 2.37% | 0.99% | 0.99% |
 XOMExxon Mobil Corp. | 1.92% | 0.93% | 0.93% |
 LLYEli Lilly and Co. | 0.89% | 1.34% | 0.89% |
 JNJJohnson & Johnson | 1.91% | 0.82% | 0.82% |
 WMTWalmart Inc. | 1.42% | 0.77% | 0.77% |
 CSCOCisco Systems, Inc. | 2.75% | 0.72% | 0.72% |
 CATCaterpillar Inc. | 1.27% | 0.62% | 0.62% |
 LRCXLam Research Corp. | 2.69% | 0.60% | 0.60% |
 NFLXNetflix, Inc. | 1.17% | 0.55% | 0.55% |
 PLTRPalantir Technologies Inc., Class A | 1.16% | 0.54% | 0.54% |
 AMATApplied Materials, Inc. | 1.40% | 0.54% | 0.54% |
 BACBank of America Corp. | 1.58% | 0.54% | 0.54% |
 GEGeneral Electric Co. | 0.57% | 0.52% | 0.52% |
Frequently Asked Questions
How much do DYNF and PBUS overlap?
DYNF and PBUS overlap by 61.9% of portfolio weight. They share 156 holdings (DYNF holds 187 positions and PBUS holds 537), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DYNF and PBUS?
The two portfolios are 61.9% identical by weight. Owning both mostly doubles down on the shared core rather than diversifying: the same large positions drive both funds.
What are the biggest shared holdings of DYNF and PBUS?
The largest positions held by both funds are NVDA, AAPL, MSFT, AMZN and AVGO. Together the top 10 shared positions account for 59% of the total overlap.
What does DYNF own that PBUS doesn't?
31 positions (0.9% of DYNF) are unique to DYNF, led by PEN, SNDK and ATI. In the other direction, 381 positions (26.4% of PBUS) are unique to PBUS.