DFAR vs XLRE overlap - what they share and where they differ

DFAR and XLRE share 72.7% of their weight across 28 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.

DFAR and XLRE

72.7%

28 shared positions

DFAR

Dimensional US Real Estate ETF

Reported positions cover 100% of the fund, 124 positions · Apr 30, 2026

Top 10: 47.8%·Holdings of DFAR

XLRE

State Street(R) Real Estate Select Sector SPDR(R) ETF

Reported positions cover 99% of the fund, 31 positions · Jun 30, 2026

Top 10: 59.1%·Holdings of XLRE

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

XLRE vs DFAR side by side

DFARDimensional US Real Estate ETF

124

stock positions reported to the SEC

27.0% of its weight is in 96 names XLRE does not hold

XLREState Street(R) Real Estate Select Sector SPDR(R) ETF

31

stock positions reported to the SEC

7.1% of its weight is in 3 names DFAR does not hold

Where each fund's weight sits

DFAR
XLRE
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Real Estate
94.9%
93.1%
Utilities
2.0%
2.7%
Technology
0.0%
1.2%
Consumer Cyclical
0.4%
0.0%

The widest gap is Real Estate: DFAR has 1.8 points more of it.

The figures side by side

DFARXLRE
Filing dateApr 30, 2026Jun 30, 2026
Stock positions reported12431
Weight of the ten largest47.8%59.1%
Largest positionWELL 7.5%WELL 11.0%
Held alone96 positions, 27.0%3 positions, 7.1%
Covered by stock positions100%99%

Holdings they share

StockIn DFARIn XLRECounted
WELLWELLTOWER INC.7.50%11.01%7.50%
PLDPROLOGIS, INC.6.84%8.68%6.84%
EQIXEQUINIX, INC.5.41%7.06%5.41%
SPGSIMON PROPERTY GROUP, INC.4.59%4.98%4.59%
DLRDIGITAL REALTY TRUST, INC.4.64%4.53%4.53%
OREALTY INCOME CORPORATION4.47%4.55%4.47%
AMTAMERICAN TOWER CORPORATION4.38%5.23%4.38%
PSAPUBLIC STORAGE.3.73%4.48%3.73%
VTRVENTAS, INC.3.25%4.47%3.25%
CCICROWN CASTLE INC.3.02%3.42%3.02%

What each holds alone

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

Only in DFAR

WPCW.P. CAREY INC.1.28%
SUISUN COMMUNITIES, INC.1.23%
OHIOMEGA HEALTHCARE INVESTORS, INC.1.09%
GLPIGaming and Leisure Properties, Inc.1.07%
LAMRLAMAR ADVERTISING COMPANY0.93%
ELSEQUITY LIFESTYLE PROPERTIES, INC.0.91%
EGPEASTGROUP PROPERTIES, INC.0.84%
AMHAMERICAN HOMES 4 RENT0.78%
AHRAMERICAN HEALTHCARE REIT, INC.0.76%
ADCAGREE REALTY CORPORATION0.72%

Only in XLRE

CBRECBRE Group Inc4.08%
WYWeyerhaeuser Co1.79%
CSGPCoStar Group Inc1.20%

Questions people ask

Is DFAR the same as XLRE?

72.7% of their weight sits in the same 28 holdings. DFAR also reports WPC, SUI, OHI, which the other does not. XLRE also reports CBRE, WY, CSGP, which the other does not.

How is the overlap between DFAR and XLRE measured?

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

Which holds more, XLRE or DFAR?

DFAR reports 124 stock positions and XLRE reports 31. 27.0% of DFAR's weight sits in names XLRE does not hold, and 7.1% of XLRE's weight in names DFAR does not hold. The ten largest positions are 47.8% of DFAR and 59.1% of XLRE.

How do DFAR and XLRE differ by sector?

The widest gap is Real Estate: DFAR has 1.8 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

DFAR 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.