DYNF vs USMV: Holdings Overlap
DYNFiShares U.S. Equity Factor Rotation Active ETF
iShares · 187 holdings · $38.6B · as of 2026-04-30
USMViShares MSCI USA Min Vol Factor ETF
iShares · 170 holdings · $24.1B · as of 2026-04-30
How similar are DYNF and USMV?
iShares U.S. Equity Factor Rotation Active ETF (DYNF, by iShares) holds 187 positions; iShares MSCI USA Min Vol Factor ETF (USMV, by iShares) holds 170. They have 74 holdings in common, and by portfolio weight the two funds are 30.1% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 30.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 74DYNF holds 187 · USMV holds 170
- Weight in Shared Holdings
- DYNF 71%·USMV 52%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
113 of 187 positions (28.4% of the fund) are not held by USMV. Showing the top 30 by weight.
Only in USMV
96 of 170 positions (48.0% of the fund) are not held by DYNF. Showing the top 30 by weight.
Sector Breakdown
| Sector | DYNF | USMV |
|---|---|---|
| Information Technology | 39.3% | 29.2% |
| Financials | 16.1% | 13.7% |
| Health Care | 6.5% | 12.7% |
| Communication Services | 11.6% | 5.9% |
| Consumer Staples | 2.5% | 9.9% |
| Other Sectors | 23.5% | 28.3% |
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% |
| USMV | +2.3% | +7.6% | +10.3% | +12.2% | +7.4% | +9.9% | 1.44% |
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 USMV →
Shared Holdings(74)
The top 10 shared positions account for 46% of the overlap, led by CSCO, NVDA and XOM.
 CSCOCisco Systems, Inc. COM | 2.75% | 1.80% | 1.80% |
|---|---|---|---|
 NVDANVIDIA Corp. COM | 8.57% | 1.63% | 1.63% |
 XOMExxon Mobil Corp. COM | 1.92% | 1.60% | 1.60% |
 MSFTMicrosoft Corp. COM | 5.32% | 1.56% | 1.56% |
 DUKDuke Energy Corp COM NEW | 1.62% | 1.55% | 1.55% |
 JNJJohnson & Johnson COM | 1.91% | 1.43% | 1.43% |
 BRK-BBerkshire Hathaway, Inc., Class B | 2.37% | 1.41% | 1.41% |
 TRVTravelers Companies, Inc. COM | 1.35% | 1.09% | 1.09% |
 TAT&T Inc COM | 1.03% | 0.99% | 0.99% |
 WMTWalmart Inc COM | 1.42% | 0.87% | 0.87% |
 VZVerizon Communications Inc. COM | 0.87% | 1.49% | 0.87% |
 CRMSalesforce Inc. COM | 0.86% | 0.88% | 0.86% |
 AAPLApple Inc. COM | 7.71% | 0.82% | 0.82% |
 CMECME Group, Inc., Class A | 0.81% | 0.94% | 0.81% |
 APHAmphenol Corporation CL A | 0.76% | 1.50% | 0.76% |
 ORealty Income Corporation COM | 0.93% | 0.72% | 0.72% |
 LLYEli Lilly & Co. COM | 0.89% | 0.66% | 0.66% |
 WELLWelltower Inc. COM | 0.64% | 0.79% | 0.64% |
 AMDAdvanced Micro Devices Inc. COM | 1.14% | 0.53% | 0.53% |
 AVGOBroadcom Inc COM | 3.24% | 0.50% | 0.50% |
 PLTRPalantir Technologies, Inc., Class A | 1.16% | 0.49% | 0.49% |
 NEMNewmont Corporation COM | 0.49% | 1.18% | 0.49% |
 GLWCorning Incorporated COM | 0.48% | 0.68% | 0.48% |
 GOOGAlphabet Inc. CAP STK CL C | 2.08% | 0.45% | 0.45% |
 EAElectronic Arts Inc. COM | 0.44% | 0.85% | 0.44% |
Frequently Asked Questions
How much do DYNF and USMV overlap?
DYNF and USMV overlap by 30.1% of portfolio weight. They share 74 holdings (DYNF holds 187 positions and USMV holds 170), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DYNF and USMV?
The two portfolios are 30.1% identical by weight. Owning both is defensible: they share a meaningful core, but each fund adds exposure the other lacks.
What are the biggest shared holdings of DYNF and USMV?
The largest positions held by both funds are CSCO, NVDA, XOM, MSFT and DUK. Together the top 10 shared positions account for 46% of the total overlap.
What does DYNF own that USMV doesn't?
113 positions (28.4% of DYNF) are unique to DYNF, led by JPM, GOOGL and LRCX. In the other direction, 96 positions (48.0% of USMV) are unique to USMV.