VONE vs DFUS: Holdings Overlap
VONEVanguard Russell 1000 Index Fund
Vanguard · 1003 holdings · $8.6B · as of 2026-05-31
DFUSDimensional U.S. Equity Market ETF
Dimensional · 2235 holdings · $20.9B · as of 2026-04-30
Holdings snapshots are 31 days apart (VONE: 2026-05-31, DFUS: 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 VONE and DFUS?
Vanguard Russell 1000 Index Fund (VONE, by Vanguard) holds 1003 positions; Dimensional U.S. Equity Market ETF (DFUS, by Dimensional) holds 2235. They have 886 holdings in common, and by portfolio weight the two funds are 91.7% identical. In practical terms the pair is essentially interchangeable, so holding both adds little diversification.
- Overlap by Weight
- 91.7%Sum of the smaller weight of each shared holding
- Shared Holdings
- 886VONE holds 1003 · DFUS holds 2235
- Weight in Shared Holdings
- VONE 97%·DFUS 96%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 VONE
117 of 1003 positions (2.7% of the fund) are not held by DFUS. Showing the top 30 by weight.
Only in DFUS
1349 of 2235 positions (4.3% of the fund) are not held by VONE. Showing the top 30 by weight.
Sector Breakdown
| Sector | VONE | DFUS |
|---|---|---|
| Information Technology | 36.4% | 33.3% |
| Financials | 11.5% | 12.6% |
| Communication Services | 10.4% | 10.8% |
| Industrials | 9.2% | 10.4% |
| Consumer Discretionary | 9.9% | 10.3% |
| Other Sectors | 22.4% | 22.3% |
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 |
|---|---|---|---|---|---|---|---|
| VONE | +3.4% | +13.9% | +23.3% | +21.0% | +12.7% | +15.1% | 0.99% |
| DFUS | +3.4% | +14.5% | +24.4% | +21.2% | +13.1% | — | 0.83% |
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 VONE vs DFUS →
Shared Holdings(886)
The top 10 shared positions account for 38% of the overlap, led by NVDA, AAPL and MSFT.
 NVDANVIDIA Corp. COM | 7.15% | 6.96% | 6.96% |
|---|---|---|---|
 AAPLApple Inc. COM | 6.50% | 5.85% | 5.85% |
 MSFTMicrosoft Corp. COM | 4.83% | 4.51% | 4.51% |
 AMZNAmazon.com, Inc. COM | 3.76% | 3.83% | 3.76% |
 GOOGLAlphabet Inc. CAP STK CL A | 3.20% | 3.30% | 3.20% |
 AVGOBroadcom Inc COM | 2.98% | 2.89% | 2.89% |
 GOOGAlphabet Inc. CAP STK CL C | 2.57% | 2.74% | 2.57% |
 METAMeta Platforms, Inc., Class A | 2.00% | 2.01% | 2.00% |
 TSLATesla Inc COM | 1.78% | 1.78% | 1.78% |
 BRK-BBerkshire Hathaway, Inc., Class B | 1.27% | 1.30% | 1.27% |
 LLYEli Lilly & Co. COM | 1.28% | 1.12% | 1.12% |
 JPMJPMorgan Chase & Co. COM | 1.10% | 1.26% | 1.10% |
 MUMicron Technology Inc. COM | 1.57% | 0.89% | 0.89% |
 XOMExxon Mobil Corp. COM | 0.89% | 0.97% | 0.89% |
 AMDAdvanced Micro Devices Inc. COM | 1.20% | 0.86% | 0.86% |
 VVisa, Inc., Class A | 0.79% | 0.83% | 0.79% |
 JNJJohnson & Johnson COM | 0.78% | 0.83% | 0.78% |
 WMTWalmart Inc COM | 0.73% | 0.87% | 0.73% |
 INTCIntel Corporation COM | 0.73% | 0.68% | 0.68% |
 COSTCostco Wholesale Corporation COM | 0.61% | 0.68% | 0.61% |
 CATCaterpillar Inc COM | 0.59% | 0.63% | 0.59% |
 MAMasterCard Incorporated CL A | 0.58% | 0.63% | 0.58% |
 ABBVAbbVie Inc. COM | 0.56% | 0.56% | 0.56% |
 CSCOCisco Systems, Inc. COM | 0.69% | 0.54% | 0.54% |
 NFLXNetflix, Inc. COM | 0.53% | 0.59% | 0.53% |
Showing the top 250 of 886 shared holdings by overlap weight.
Frequently Asked Questions
How much do VONE and DFUS overlap?
VONE and DFUS overlap by 91.7% of portfolio weight. They share 886 holdings (VONE holds 1003 positions and DFUS holds 2235), based on each fund's latest SEC-reported holdings.
Is it redundant to own both VONE and DFUS?
The two portfolios are 91.7% identical by weight. Owning both is largely redundant: they are close to the same portfolio, so a second position mostly duplicates the first.
What are the biggest shared holdings of VONE and DFUS?
The largest positions held by both funds are NVDA, AAPL, MSFT, AMZN and GOOGL. Together the top 10 shared positions account for 38% of the total overlap.
What does VONE own that DFUS doesn't?
117 positions (2.7% of VONE) are unique to VONE, led by WELL, PLD and EQIX. In the other direction, 1349 positions (4.3% of DFUS) are unique to DFUS.