IWV vs DFAT overlap

IWV and DFAT overlap 4.4% by weight, across 946 shared holdings.

IWVDFAT

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4.4%

overlap by weight, across 946 shared holdings

IWV4.5% of the fund is in shared holdings, of 2,589

DFAT97.5% of the fund is in shared holdings, of 1,204

Top shared holdings

Holding	IWV	DFAT	Overlap
TD Synnex Corp.SNX	0.03%	0.33%	0.03%
Viatris Inc.VTRS	0.03%	0.35%	0.03%
East West BncrpEWBC	0.02%	0.14%	0.02%
IDEX Corp.IEX	0.02%	0.10%	0.02%
Ball Corp.BALL	0.02%	0.69%	0.02%
Performance FoodPFGC	0.02%	0.65%	0.02%
Akamai TechnologAKAM	0.02%	0.28%	0.02%
CF Industries HOCF	0.02%	0.47%	0.02%
Coeur Mining Inc.CDE	0.02%	0.04%	0.02%
Wesco IntlWCC	0.02%	0.53%	0.02%
Textron Inc.TXT	0.02%	0.17%	0.02%
Genuine Parts CoGPC	0.02%	0.33%	0.02%
Tenet HealthcareTHC	0.02%	0.14%	0.02%
TOLL BrothersTOL	0.02%	0.63%	0.02%
Regal Rexnord CoRRX	0.02%	0.46%	0.02%

Overlap by weight adds up the smaller weight of each holding the funds share, so 100% means identical portfolios. Long securities only: derivatives and cash vehicles are left out. Sources: IWV, SEC Form N-PORT, June 30, 2026; DFAT, SEC Form N-PORT, July 31, 2026.

328

institutions report holding both, of 1,435 holding any

IWV62.0% of its 13F dollars, 36.2% of its 907 holders

DFAT68.7% of its 13F dollars, 38.3% of its 856 holders

Largest institutions holding both

Firm	IWV	DFAT
Focus Partners Wealth	$187.7M	$873.2M
Creative Planning	$19.1M	$930.0M
Goldman Sachs Group Inc.	$835.8M	$1.7M
Forum Financial Management, LP	$795K	$725.8M
Morgan Stanley	$492.6M	$17.1M
BlackRock, Inc.	$428.3M	$24.5M
Northern Trust Corp.	$423.6M	$2.6M
Savant Capital, LLC	$31.6M	$375.0M
Bank of America Corp.	$290.0M	$113.2M
Pure Financial Advisors, LLC	$2.0M	$399.3M
Focus Partners Advisor Solutions, LLC	$4.8M	$393.7M
EP Wealth Advisors, LLC	$7.6M	$332.2M
LPL Financial LLC	$198.5M	$88.0M
HighTower Advisors, LLC	$136.2M	$124.8M
JPMorgan Chase & Co	$203.1M	$46.0M

This compares who owns the funds, not what the funds hold. From SEC Form 13F, for managers with $100M+ in US securities.

Who owns them: IWV institutional holders, DFAT institutional holders.

Frequently asked questions

How much do IWV and DFAT overlap?

4.4% by weight, with 946 holdings in common, using holdings for IWV as of June 30, 2026 and DFAT as of July 31, 2026. The largest shared position is SNX.

Do institutions hold both IWV and DFAT?

328 Form 13F filers report positions in both, out of 1,435 that report either one.

How is overlap by weight worked out?

For each holding the two funds share, take the smaller of the two weights, then add those up. Identical portfolios score 100%.