DFUS vs USMV overlap - what they share and where they differ
DFUS and USMV share 33.4% of their weight across 157 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.
DFUS and USMV
33.4%
157 shared positions
DFUS
Dimensional U.S. Equity Market ETF
Reported positions cover 100% of the fund, 2,147 positions · Jul 31, 2026
Top 10: 36.0%·Holdings of DFUS
USMV
iShares MSCI USA Min Vol Factor ETF
Reported positions cover 100% of the fund, 165 positions · Jul 31, 2026
Top 10: 15.1%·Holdings of USMV
Reported positions cover DFUS 100%, USMV 100% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.
USMV vs DFUS side by side
DFUSDimensional U.S. Equity Market ETF
2,147
stock positions reported to the SEC
36.3% of its weight is in 1,990 names USMV does not hold
USMViShares MSCI USA Min Vol Factor ETF
165
stock positions reported to the SEC
5.1% of its weight is in 8 names DFUS does not hold
Where each fund's weight sits
Largest sectors for both funds
The widest gap is Technology: DFUS has 12.9 points more of it.
The figures side by side
| DFUS | USMV | |
|---|---|---|
| Filing date | Jul 31, 2026 | Jul 31, 2026 |
| Stock positions reported | 2,147 | 165 |
| Weight of the ten largest | 36.0% | 15.1% |
| Largest position | NVDA 6.8% | MSFT 1.6% |
| Held alone | 1,990 positions, 36.3% | 8 positions, 5.1% |
| Covered by stock positions | 100% | 100% |
Holdings they share
| Stock | In DFUS | In USMV | Counted |
|---|---|---|---|
| MSFTMICROSOFT CORPORATION | 4.99% | 1.62% | 1.62% |
| BRK.ABERKSHIRE HATHAWAY INC. | 1.38% | 1.47% | 1.38% |
| NVDANVIDIA CORPORATION | 6.75% | 1.32% | 1.32% |
| AVGOBROADCOM INC. | 2.63% | 1.02% | 1.02% |
| XOMEXXONMOBIL HOLDINGS CORPORATION | 0.93% | 1.39% | 0.93% |
| AAPLAPPLE INC. | 6.45% | 0.90% | 0.90% |
| JNJJOHNSON & JOHNSON | 0.90% | 1.54% | 0.90% |
| VVISA INC. | 0.88% | 1.00% | 0.88% |
| LLYELI LILLY AND COMPANY | 1.33% | 0.78% | 0.78% |
| WMTWALMART INC. | 0.71% | 0.71% | 0.71% |
What each holds alone
The heaviest positions one fund reports and the other does not.
Only in DFUS
Only in USMV
Questions people ask
Is DFUS the same as USMV?
33.4% of their weight sits in the same 157 holdings. DFUS also reports JPM, TSLA, INTC, which the other does not. USMV also reports WELL, WCN, ELECTRONIC ARTS INC, which the other does not.
How is the overlap between DFUS and USMV 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 DFUS and 100% of USMV, so the number cannot exceed the smaller coverage.
Which holds more, USMV or DFUS?
DFUS reports 2,147 stock positions and USMV reports 165. 36.3% of DFUS's weight sits in names USMV does not hold, and 5.1% of USMV's weight in names DFUS does not hold. The ten largest positions are 36.0% of DFUS and 15.1% of USMV.
How do DFUS and USMV differ by sector?
The widest gap is Technology: DFUS has 12.9 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
DFUS 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.