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

DFAC and IWR share 30.4% of their weight across 644 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 IWR

30.4%

644 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

IWR

iShares Russell Mid-Cap ETF

Reported positions cover 100% of the fund, 808 positions · Jun 30, 2026

Top 10: 5.6%·Holdings of IWR

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

IWR vs DFAC side by side

DFACDimensional U.S. Core Equity 2 ETF

1,498

stock positions reported to the SEC

68.5% of its weight is in 854 names IWR does not hold

IWRiShares Russell Mid-Cap ETF

808

stock positions reported to the SEC

15.1% of its weight is in 164 names DFAC does not hold

Where each fund's weight sits

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

Largest sectors for both funds

Technology
36.8%
21.6%
Healthcare
9.6%
12.9%
Financial Services
12.4%
11.2%
Consumer Cyclical
10.6%
9.0%
Industrials
7.2%
10.4%

The widest gap is Technology: DFAC has 15.2 points more of it.

The figures side by side

DFACIWR
Filing dateApr 30, 2026Jun 30, 2026
Stock positions reported1,498808
Weight of the ten largest26.7%5.6%
Largest positionNVDA 5.6%DDOG 0.6%
Held alone854 positions, 68.5%164 positions, 15.1%
Covered by stock positions99%100%

Holdings they share

StockIn DFACIn IWRCounted
RCLROYAL CARIBBEAN CRUISES LTD.0.20%0.58%0.20%
URIUNITED RENTALS, INC.0.19%0.51%0.19%
FIXCOMFORT SYSTEMS USA, INC.0.18%0.50%0.18%
LITELUMENTUM HOLDINGS INC.0.18%0.44%0.18%
LNGCHENIERE ENERGY, INC.0.18%0.36%0.18%
MPCMARATHON PETROLEUM CORPORATION0.18%0.54%0.18%
WBDWARNER BROS. DISCOVERY, INC.0.18%0.46%0.18%
TPRTAPESTRY, INC.0.17%0.21%0.17%
FERGFERGUSON ENTERPRISES INC.0.16%0.33%0.16%
OXYOCCIDENTAL PETROLEUM CORPORATION0.16%0.25%0.16%

What each holds alone

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

Only in DFAC

NVDANVIDIA CORPORATION5.60%
AAPLAPPLE INC.4.68%
MSFTMICROSOFT CORPORATION3.92%
GOOGLALPHABET INC.3.83%
AMZNAMAZON.COM, INC.3.06%
METAMETA PLATFORMS, INC.1.87%
JPMORGAN CHASE & CO.1.00%
AVGOBROADCOM INC.0.95%
EXXON MOBIL CORPORATION0.88%
LLYELI LILLY AND COMPANY0.87%

Only in IWR

SPGSimon Property Group, Inc.0.52%
DLRDigital Realty Trust, Inc.0.45%
WW GRAINGER, INC.0.43%
ORealty Income Corp.0.42%
ELECTRONIC ARTS, INC.0.37%
VTRVentas, Inc.0.31%
DR HORTON, INC.0.30%
AUAnglogold Ashanti plc0.29%
IRMIron Mountain, Inc.0.27%
PG&E CORP.0.27%

Questions people ask

Is DFAC the same as IWR?

30.4% of their weight sits in the same 644 holdings. DFAC also reports NVDA, AAPL, MSFT, which the other does not. IWR also reports SPG, DLR, WW GRAINGER, INC., which the other does not.

How is the overlap between DFAC and IWR 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 IWR, so the number cannot exceed the smaller coverage.

Which holds more, IWR or DFAC?

DFAC reports 1,498 stock positions and IWR reports 808. 68.5% of DFAC's weight sits in names IWR does not hold, and 15.1% of IWR's weight in names DFAC does not hold. The ten largest positions are 26.7% of DFAC and 5.6% of IWR.

How do DFAC and IWR differ by sector?

The widest gap is Technology: DFAC has 15.2 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.

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.