VTWO vs DFAS overlap
VTWO and DFAS overlap 51.6% by weight, across 1,399 shared holdings.
Pick 2 to 4 ETFs.
These funds report on different dates (VTWO: May 31, 2026, DFAS: July 31, 2026), so market moves and index changes between those dates lower the number. Funds tracking the same index can read well below their true overlap.
Top shared holdings
| Holding | VTWO | DFAS | Overlap |
|---|---|---|---|
| TTM TechnologiesTTMI | 0.52% | 0.23% | 0.23% |
| UMB FinancialUMBF | 0.28% | 0.21% | 0.21% |
| MOOG Inc.-Class aMOG/A | 0.30% | 0.21% | 0.21% |
| ADV Energy INDSAEIS | 0.33% | 0.20% | 0.20% |
| Sanmina Corp.SANM | 0.41% | 0.20% | 0.20% |
| SPX TechnologiesSPXC | 0.31% | 0.20% | 0.20% |
| Hecla Mining CoHL | 0.33% | 0.19% | 0.19% |
| Ensign Group Inc.ENSG | 0.28% | 0.19% | 0.19% |
| Digitalocean HOLDOCN | 0.35% | 0.19% | 0.19% |
| Old NATL BancorpONB | 0.25% | 0.19% | 0.19% |
| Viasat Inc.VSAT | 0.29% | 0.19% | 0.19% |
| Firstcash HoldinFCFS | 0.26% | 0.19% | 0.19% |
| Stonex Group Inc.SNEX | 0.24% | 0.19% | 0.19% |
| Brinker IntlEAT | 0.18% | 0.19% | 0.18% |
| Jackson FI-aJXN | 0.20% | 0.18% | 0.18% |
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: VTWO, SEC Form N-PORT, May 31, 2026; DFAS, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | VTWO | DFAS |
|---|---|---|
| Bank of America Corp. | $3.0B | $561.7M |
| Creative Planning | $11.1M | $2.3B |
| UBS Group AG | $1.6B | $87.9M |
| Morgan Stanley | $1.1B | $12.6M |
| Northern Trust Corp. | $2.8M | $778.1M |
| US Bancorp | $716.0M | $1.0M |
| Envestnet Asset Management Inc. | $438.7M | $154.3M |
| Wells Fargo & Company | $495.0M | $24.3M |
| Jones Financial Companies LLLP | $354.5M | $32.7M |
| Goldman Sachs Group Inc. | $345.9M | $1.6M |
| Stifel Financial Corp. | $275.5M | $22.3M |
| Focus Partners Wealth | $20.1M | $269.8M |
| JPMorgan Chase & Co | $224.9M | $19.8M |
| Natixis Advisors, LLC | $233.4M | $2.9M |
| LPL Financial LLC | $148.9M | $77.6M |
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: VTWO institutional holders, DFAS institutional holders.
Frequently asked questions
How much do VTWO and DFAS overlap?
51.6% by weight, with 1,399 holdings in common, using holdings for VTWO as of May 31, 2026 and DFAS as of July 31, 2026. The largest shared position is TTMI.
Do institutions hold both VTWO and DFAS?
290 Form 13F filers report positions in both, out of 1,362 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%.