IWX vs DFLV: Holdings Overlap
IWXiShares Russell Top 200 Value ETF
iShares · 154 holdings · $4.0B · as of 2026-03-31
DFLVDimensional US Large Cap Value ETF
Dimensional · 331 holdings · $6.8B · as of 2026-04-30
Holdings snapshots are 30 days apart (IWX: 2026-03-31, DFLV: 2026-04-30). 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 IWX and DFLV?
iShares Russell Top 200 Value ETF (IWX, by iShares) holds 154 positions; Dimensional US Large Cap Value ETF (DFLV, by Dimensional) holds 331. They have 95 holdings in common, and by portfolio weight the two funds are 53.6% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 53.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 95IWX holds 154 · DFLV holds 331
- Weight in Shared Holdings
- IWX 71%·DFLV 66%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 IWX
59 of 154 positions (28.2% of the fund) are not held by DFLV. Showing the top 30 by weight.
Only in DFLV
236 of 331 positions (33.6% of the fund) are not held by IWX. Showing the top 30 by weight.
Sector Breakdown
| Sector | IWX | DFLV |
|---|---|---|
| Financials | 22.3% | 21.6% |
| Energy | 7.3% | 15.1% |
| Industrials | 11.6% | 13.9% |
| Health Care | 13.6% | 13.8% |
| Information Technology | 11.4% | 11.2% |
| Other Sectors | 33.6% | 24.3% |
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 |
|---|---|---|---|---|---|---|---|
| IWX | +4.2% | +23.5% | +36.3% | +20.0% | +12.9% | +12.2% | 1.36% |
| DFLV | +4.1% | +22.2% | +35.7% | +18.5% | — | — | 1.34% |
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 IWX vs DFLV →
Shared Holdings(95)
The top 10 shared positions account for 41% of the overlap, led by JPM, XOM and AMZN.
 JPMJPMorgan Chase & Co. COM | 3.89% | 4.59% | 3.89% |
|---|---|---|---|
 XOMExxon Mobil Corp. COM | 3.49% | 4.04% | 3.49% |
 AMZNAmazon.com, Inc. COM | 2.67% | 3.15% | 2.67% |
 JNJJohnson & Johnson COM | 2.86% | 2.40% | 2.40% |
 CVXChevron Corp. COM | 1.88% | 2.04% | 1.88% |
 MUMicron Technology Inc. COM | 1.84% | 2.75% | 1.84% |
 BRK-BBerkshire Hathaway, Inc., Class B | 4.30% | 1.70% | 1.70% |
 CSCOCisco Systems, Inc. COM | 1.50% | 1.90% | 1.50% |
 PGThe Procter & Gamble Co. COM | 1.65% | 1.39% | 1.39% |
 UNHUnitedHealth Group Inc. COM | 1.20% | 1.62% | 1.20% |
 MRKMerck & Co., Inc COM | 1.45% | 1.19% | 1.19% |
 LINLinde PLC COM EUR0.001 | 1.13% | 1.26% | 1.13% |
 GSGoldman Sachs Group, Inc. (The) | 1.14% | 1.09% | 1.09% |
 VZVerizon Communications Inc. COM | 1.03% | 1.20% | 1.03% |
 WFCWells Fargo & Co. COM | 1.20% | 1.03% | 1.03% |
 TAT&T Inc COM | 0.97% | 1.08% | 0.97% |
 RTXRTX Corp. COM | 1.25% | 0.93% | 0.93% |
 MSMorgan Stanley COM NEW | 0.91% | 1.17% | 0.91% |
 COPConocoPhillips COM | 0.79% | 0.92% | 0.79% |
 PFEPfizer Inc. COM | 0.78% | 0.84% | 0.78% |
 ADIAnalog Devices Inc. COM | 0.76% | 0.80% | 0.76% |
 BACBank of America Corp. COM | 1.43% | 0.73% | 0.73% |
 DEDeere & Company COM | 0.67% | 0.78% | 0.67% |
 TMOThermo Fisher Scientific Inc COM | 0.90% | 0.66% | 0.66% |
 INTCIntel Corporation COM | 0.95% | 0.62% | 0.62% |
Frequently Asked Questions
How much do IWX and DFLV overlap?
IWX and DFLV overlap by 53.6% of portfolio weight. They share 95 holdings (IWX holds 154 positions and DFLV holds 331), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IWX and DFLV?
The two portfolios are 53.6% 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 IWX and DFLV?
The largest positions held by both funds are JPM, XOM, AMZN, JNJ and CVX. Together the top 10 shared positions account for 41% of the total overlap.
What does IWX own that DFLV doesn't?
59 positions (28.2% of IWX) are unique to IWX, led by GOOGL, WMT and CAT. In the other direction, 236 positions (33.6% of DFLV) are unique to DFLV.