USMC vs DYNF: Holdings Overlap
USMCPrincipal U.S. Mega-Cap ETF
Principal · 26 holdings · $3.6B · as of 2026-03-31
DYNFiShares U.S. Equity Factor Rotation Active ETF
iShares · 187 holdings · $38.6B · as of 2026-04-30
Holdings snapshots are 30 days apart (USMC: 2026-03-31, DYNF: 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 USMC and DYNF?
Principal U.S. Mega-Cap ETF (USMC, by Principal) holds 26 positions; iShares U.S. Equity Factor Rotation Active ETF (DYNF, by iShares) holds 187. They have 24 holdings in common, and by portfolio weight the two funds are 52.4% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 52.4%Sum of the smaller weight of each shared holding
- Shared Holdings
- 24USMC holds 26 · DYNF holds 187
- Weight in Shared Holdings
- USMC 92%·DYNF 56%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 USMC
2 of 26 positions (7.3% of the fund) are not held by DYNF.
Sector Breakdown
| Sector | USMC | DYNF |
|---|---|---|
| Information Technology | 26.6% | 39.3% |
| Financials | 20.4% | 16.1% |
| Communication Services | 14.1% | 11.6% |
| Consumer Staples | 10.2% | 2.5% |
| Health Care | 9.1% | 6.5% |
| Other Sectors | 19.3% | 23.5% |
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 |
|---|---|---|---|---|---|---|---|
| USMC | +2.9% | +11.9% | +21.9% | +20.8% | +14.5% | — | 0.74% |
| DYNF | +4.0% | +15.6% | +25.9% | +25.0% | +15.5% | — | 0.77% |
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 USMC vs DYNF →
Shared Holdings(24)
The top 10 shared positions account for 75% of the overlap, led by NVDA, AAPL and MSFT.
 NVDANVIDIA Corp. | 7.57% | 8.57% | 7.57% |
|---|---|---|---|
 AAPLApple, Inc. | 6.70% | 7.71% | 6.70% |
 MSFTMicrosoft Corp. | 4.91% | 5.32% | 4.91% |
 AMZNAmazon.com, Inc. | 3.62% | 4.40% | 3.62% |
 JPMJPMorgan Chase & Co. | 4.56% | 3.57% | 3.57% |
 AVGOBroadcom, Inc. | 4.50% | 3.24% | 3.24% |
 GOOGLAlphabet, Inc. | 5.37% | 2.85% | 2.85% |
 METAMeta Platforms, Inc. | 4.11% | 2.48% | 2.48% |
 BRK-BBerkshire Hathaway, Inc. | 3.42% | 2.37% | 2.37% |
 XOMExxon Mobil Corp. | 2.84% | 1.92% | 1.92% |
 JNJJohnson & Johnson | 3.54% | 1.91% | 1.91% |
 TSLATesla, Inc. | 2.36% | 1.73% | 1.73% |
 BACBank of America Corp. | 3.52% | 1.58% | 1.58% |
 WMTWalmart, Inc. | 2.48% | 1.42% | 1.42% |
 MUMicron Technology, Inc. | 2.95% | 1.35% | 1.35% |
 CATCaterpillar, Inc. | 2.43% | 1.27% | 1.27% |
 NFLXNetflix, Inc. | 4.65% | 1.17% | 1.17% |
 LLYEli Lilly & Co. | 2.23% | 0.89% | 0.89% |
 GEGeneral Electric Co. | 2.99% | 0.57% | 0.57% |
 COSTCostco Wholesale Corp. | 4.58% | 0.45% | 0.45% |
 VVisa, Inc. | 4.39% | 0.36% | 0.36% |
 ABBVAbbVie, Inc. | 3.37% | 0.26% | 0.26% |
 HDHome Depot Inc/The | 2.20% | 0.23% | 0.23% |
 PGProcter & Gamble Co/The | 3.11% | 0.00% | 0.00% |
Frequently Asked Questions
How much do USMC and DYNF overlap?
USMC and DYNF overlap by 52.4% of portfolio weight. They share 24 holdings (USMC holds 26 positions and DYNF holds 187), based on each fund's latest SEC-reported holdings.
Is it redundant to own both USMC and DYNF?
The two portfolios are 52.4% 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 USMC and DYNF?
The largest positions held by both funds are NVDA, AAPL, MSFT, AMZN and JPM. Together the top 10 shared positions account for 75% of the total overlap.
What does USMC own that DYNF doesn't?
2 positions (7.3% of USMC) are unique to USMC, led by MA and CVX. In the other direction, 163 positions (43.8% of DYNF) are unique to DYNF.