AWSHX vs PRWCX: 23% overlap

American Funds Washington Mutual A and T. Rowe Price Capital Appreciation share 22.8% of their portfolios by weight — computed as Σ min(wA, wB) over every holding both funds own.

Different holding dates. These holdings were published 30 days apart — PRWCX as of 2026-03-31, the rest through 2026-04-30. Each fund is compared using its most recent file, so any trading in between shows up as a difference.

Hold both, 50/50
1.8Effective Funds

You would hold two tickers and get the diversification of 1.8. Two funds that shared nothing would score 2.0; two identical funds score 1.0.

Overlap
22.8%
AWSHX expense ratio
0.57%
PRWCX expense ratio
0.72%

Top shared holdings

AWSHX and PRWCX hold 27 of the same securities. The ten contributing most to the overlap figure:

Holdingin AWSHXin PRWCXΔ
MSFT4.6%4.2%0.4%
AAPL2.4%3.6%1.2%
GOOGL2.0%2.3%0.2%
AVGO7.5%1.8%5.7%
NVDA1.6%3.0%1.4%
META1.4%3.7%2.3%
SBUX0.9%1.1%0.2%
MA0.9%0.9%0.0%
LLY1.6%0.8%0.8%
UNH1.5%0.8%0.7%

Where AWSHX and PRWCX differ

Sector weights as a share of each fund, ordered by the size of the gap rather than the size of the sector — two funds that overlap heavily still usually diverge somewhere.

SectorAWSHXPRWCXΔ
Treasuries0.0%18.2%18.2pp
Financials15.0%2.4%+12.6pp
Unclassified7.9%20.3%12.4pp
Industrials11.7%0.9%+10.8pp
Consumer Staples7.0%0.6%+6.4pp
Cash & Other0.0%5.0%5.0pp
Information Technology21.9%17.8%+4.1pp
Utilities3.8%7.1%3.3pp

Δ is AWSHX minus PRWCX, in percentage points. Sector data is not published by every issuer, so “Unclassified” is a real category rather than a gap in the table.

What each fund holds alone

Only in AWSHX
170 positions

63.9% of AWSHX by weight, held in no part of PRWCX.

Only in PRWCX
123 positions

58.8% of PRWCX by weight, held in no part of AWSHX.

A large count with a small weight is the usual shape: the positions one fund adds are typically its smallest ones.

Concentration and cost

AWSHXPRWCX
Top 10 holdings29.9%46.0%
Positions held197151
Cost per $10,000 held, per year$57$72

Cost is the expense ratio applied to $10,000; it excludes any brokerage commission, bid-ask spread or tax consequence. Figures are facts about the funds, not a suggestion about which to hold.

Frequently asked

How much do AWSHX and PRWCX overlap?

AWSHX and PRWCX overlap 22.8% by portfolio weight — moderate overlap. They share 27 holdings. The figure comes from current issuer holdings files (AWSHX as of 2026-04-30, PRWCX as of 2026-03-31).

How is the overlap between AWSHX and PRWCX calculated?

As the sum of the smaller weight in each fund, over every holding both funds own: Σ min(wA, wB). If AWSHX holds a stock at 6% and PRWCX holds the same stock at 4%, 4% counts as shared. The result is bounded between 0% and 100%, and it is computed after looking through any fund-of-funds to the underlying holdings.

Is it redundant to hold both AWSHX and PRWCX?

That depends on your goals — we state facts, not advice. At 22.8% overlap, each fund still contributes meaningfully distinct exposure.

What does AWSHX own that PRWCX doesn't?

AWSHX holds 197 positions and PRWCX holds 151; 170 of AWSHX's positions don't appear in PRWCX at all, and they are 63.9% of AWSHX by weight.

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Related comparisons

Sources: issuer holdings files, AWSHX as of 2026-04-30, PRWCX as of 2026-03-31. Weights are fractions of each fund. Diagnostics, not advice.