DFAC vs IWB overlap - what they share and where they differ

DFAC and IWB share 70.9% of their weight across 824 common positions, read from what each fund reported to the SEC.

Each week Ploutos reads the reported positions of the largest US equity ETFs and measures, pair by pair, the weight they share: for every stock both funds hold, the smaller of the two weights counts. Two funds tracking the same index land near 100%. A sector fund inside a broad index fund lands at roughly that sector's weight.

DFAC and IWB

70.9%

824 shared positions

DFAC

Dimensional U.S. Core Equity 2 ETF

Reported positions cover 99% of the fund, 1,498 positions · Apr 30, 2026

Top 10: 26.7%·Holdings of DFAC

IWB

iShares Russell 1000 ETF

Reported positions cover 100% of the fund, 946 positions · Jun 30, 2026

Top 10: 34.8%·Holdings of IWB

Reported positions cover DFAC 99%, IWB 100% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.

IWB vs DFAC side by side

DFACDimensional U.S. Core Equity 2 ETF

1,498

stock positions reported to the SEC

10.6% of its weight is in 674 names IWB does not hold

IWBiShares Russell 1000 ETF

946

stock positions reported to the SEC

3.4% of its weight is in 122 names DFAC does not hold

Where each fund's weight sits

DFAC
IWB
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Technology
36.8%
46.6%
Financial Services
12.4%
10.0%
Consumer Cyclical
10.6%
10.5%
Healthcare
9.6%
9.4%
Industrials
7.2%
4.5%

The widest gap is Technology: IWB has 9.8 points more of it.

The figures side by side

DFACIWB
Filing dateApr 30, 2026Jun 30, 2026
Stock positions reported1,498946
Weight of the ten largest26.7%34.8%
Largest positionNVDA 5.6%NVDA 6.7%
Held alone674 positions, 10.6%122 positions, 3.4%
Covered by stock positions99%100%

Holdings they share

StockIn DFACIn IWBCounted
NVDANVIDIA CORPORATION5.60%6.72%5.60%
AAPLAPPLE INC.4.68%6.03%4.68%
MSFTMICROSOFT CORPORATION3.92%3.99%3.92%
GOOGLALPHABET INC.3.83%5.42%3.83%
AMZNAMAZON.COM, INC.3.06%3.33%3.06%
METAMETA PLATFORMS, INC.1.87%1.78%1.78%
JPMORGAN CHASE & CO.1.00%1.26%1.00%
AVGOBROADCOM INC.0.95%2.53%0.95%
LLYELI LILLY AND COMPANY0.87%1.38%0.87%
EXXON MOBIL CORPORATION0.88%0.82%0.82%

What each holds alone

The heaviest positions one fund reports and the other does not.

Only in DFAC

NXPINXP Semiconductors N.V.0.19%
SEAGATE TECHNOLOGY HOLDINGS PUBLIC LIMITED COMPANY0.16%
TE CONNECTIVITY PUBLIC LIMITED COMPANY0.12%
COTERRA ENERGY INC.0.09%
BTSGBRIGHTSPRING HEALTH SERVICES, INC.0.05%
ALVAUTOLIV, INC.0.04%
BOKFBOK FINANCIAL CORPORATION0.04%
CMCCOMMERCIAL METALS COMPANY0.04%
FCFSFIRSTCASH HOLDINGS, INC.0.04%
FLRFLUOR CORPORATION.0.04%

Only in IWB

WELLWELLTOWER INC.0.23%
PLDPROLOGIS, INC.0.18%
EQIXEQUINIX, INC.0.15%
SPCXSPACE EXPLORATION TECHNOLOGIES CORP.0.13%
AMTAMERICAN TOWER CORPORATION0.11%
HONAHONEYWELL AEROSPACE INC.0.10%
SPGSIMON PROPERTY GROUP, INC.0.10%
DLRDIGITAL REALTY TRUST, INC.0.09%
OREALTY INCOME CORPORATION0.08%
ELECTRONIC ARTS INC.0.07%

Questions people ask

Is DFAC the same as IWB?

70.9% of their weight sits in the same 824 holdings. DFAC also reports NXPI, SEAGATE TECHNOLOGY HOLDINGS PUBLIC LIMITED COMPANY, TE CONNECTIVITY PUBLIC LIMITED COMPANY, which the other does not. IWB also reports WELL, PLD, EQIX, which the other does not.

How is the overlap between DFAC and IWB measured?

For every stock both funds report, the smaller of the two weights counts, and the sum is the overlap. The reported positions cover 99% of DFAC and 100% of IWB, so the number cannot exceed the smaller coverage.

Which holds more, IWB or DFAC?

DFAC reports 1,498 stock positions and IWB reports 946. 10.6% of DFAC's weight sits in names IWB does not hold, and 3.4% of IWB's weight in names DFAC does not hold. The ten largest positions are 26.7% of DFAC and 34.8% of IWB.

How do DFAC and IWB differ by sector?

The widest gap is Technology: IWB has 9.8 points more of it. Sectors come from each holding's SIC code in its SEC record, summed by the weight the fund reports.

Where do the numbers come from?

From each fund's own N-PORT filing to the SEC, which lists every position and its weight. The comparison uses every equity position the fund reports; cash, futures and bonds are not counted, which is why a coverage figure sits next to every result. Holdings change between filings.

Other pairs with these funds

IWB against other funds in the table

Add a third fund in the tool·All fund pairs

Descriptive data from public SEC filings. Nothing on this page is a recommendation to buy, sell or hold any fund or stock, and holdings change between filings.