DFAS vs SPSM: holdings overlap, shared companies and scores
As of September 11, 2026, DFAS and SPSM overlap 33.3% by weight. Dimensional - US Small Cap ETF (DFAS): U.S. small-cap equities. State Street SPDR Portfolio S&P 600 Small Cap ETF (SPSM): U.S. small-cap equities.
Updated September 11, 2026
How much do DFAS and SPSM overlap?
As of September 11, 2026, DFAS and SPSM overlap 33.3% by weight.
33% of DFAS is already inside SPSM.
91% of SPSM is already inside DFAS.
DFAS holds 2,045 companies and SPSM holds 597; 537 are in both.
Computed by ETF Copilot from both funds' holdings rather than quoted from a data provider, and rebuilt nightly.
How does ETF Copilot score DFAS and SPSM?
As of September 11, 2026, ETF Copilot scores DFAS 4.4 out of 10 and SPSM 4.3 out of 10.
They differ most on Risk: DFAS 6.7 and SPSM 3.9.
The five factor scores behind them are set out below, 0–10 and higher is better, ranked against every US equity ETF we track.
| Factor | DFAS | SPSM |
|---|---|---|
| Growth | 4.8 | 5.4 |
| Valuation | 4.9 | 6.6 |
| Risk | 6.7 | 3.9 |
| Quality | 1.3 | 1.4 |
| Return | 4.1 | 4.1 |
SPSM is the cheaper of the two at 0.03% a year
As of September 11, 2026, DFAS charges 0.26% a year, yields 1.39% and holds $15.4B in assets across 2045 positions.
As of September 11, 2026, SPSM charges 0.03% a year, yields 1.66% and holds $16.4B in assets across 597 positions.
| Measure | DFAS | SPSM |
|---|---|---|
| Expense ratio | 0.26% | 0.03% |
| Dividend yield | 1.39% | 1.66% |
| Assets under management | $15.4B | $16.4B |
| Holdings | 2045 | 597 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Where DFAS and SPSM trade against their own history
DFAS trades at 17.0 times earnings, against its own median of 16.3, and is more expensive than 69% of its own 51 monthly readings since 2021.
SPSM trades at 17.5 times earnings, against its own median of 16.7, and is more expensive than 69% of its own 108 monthly readings since 2017.
What moved DFAS and SPSM this week
DFAS fell 1.9% in the week to September 11, 2026. The holdings that moved it most were UiPath (−24.5%), Factset Research Systems (−17.0%) and Manhattan Associates (−9.2%); Skyworks Solutions (+23.6%) pushed the other way.
SPSM fell 1.8% in the week to September 11, 2026. The holdings that moved it most were Paycom Software (−9.0%), Etsy (−11.3%) and Glaukos (−7.3%); Formfactor (+18.8%) pushed the other way.
What do DFAS and SPSM each hold?
What's inside DFAS: Tech 14%, Semiconductors 3%.
3% of DFAS is its ten largest holdings.
What's inside SPSM: Tech 15%, Semiconductors 4%.
5% of SPSM is its ten largest holdings.
Compare with similar funds
Cite this
ETF Copilot, “DFAS vs SPSM holdings overlap and scores”, as of September 11, 2026.
https://etf-copilot.com/compare/dfas-vs-spsm
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