AWSHX vs VGSLX: 3% overlap

American Funds Washington Mutual A and Vanguard Real Estate Index Admiral share 3.4% of their portfolios by weight — computed as Σ min(wA, wB) over every holding both funds own.

Different holding dates. These holdings were published about 2 months apart — AWSHX as of 2026-04-30, the rest through 2026-06-30. Each fund is compared using its most recent file, so any trading in between shows up as a difference.

Hold both, 50/50
2.0Effective Funds

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

Overlap
3.4%
AWSHX expense ratio
0.57%
VGSLX expense ratio
0.13%

Top shared holdings

AWSHX and VGSLX hold 10 of the same securities. The ten contributing most to the overlap figure:

Holdingin AWSHXin VGSLXΔ
WELL1.7%8.4%6.7%
PSA0.7%2.7%1.9%
SPG0.3%3.9%3.6%
PLD0.2%6.7%6.5%
VTR0.2%2.2%2.1%
AMT0.1%4.0%3.9%
EXR0.0%1.6%1.6%
REXR0.0%0.4%0.4%
CASH0.0%0.6%0.6%
CSGP0.0%0.6%0.6%

Where AWSHX and VGSLX 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.

SectorAWSHXVGSLXΔ
Real Estate3.3%84.0%80.7pp
Information Technology21.9%0.0%+21.9pp
Financials15.0%0.3%+14.7pp
Industrials11.7%0.0%+11.7pp
Health Care10.7%0.0%+10.7pp
Consumer Staples7.0%0.2%+6.9pp
Unclassified7.9%14.7%6.8pp
Consumer Discretionary6.9%0.2%+6.6pp

Δ is AWSHX minus VGSLX, 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
187 positions

96.2% of AWSHX by weight, held in no part of VGSLX.

Only in VGSLX
135 positions

68.8% of VGSLX 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

AWSHXVGSLX
Top 10 holdings29.9%54.1%
Positions held197145
Cost per $10,000 held, per year$57$13

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 VGSLX overlap?

AWSHX and VGSLX overlap 3.4% by portfolio weight — largely distinct portfolios. They share 10 holdings. The figure comes from current issuer holdings files (AWSHX as of 2026-04-30, VGSLX as of 2026-06-30).

How is the overlap between AWSHX and VGSLX 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 VGSLX 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 VGSLX?

That depends on your goals — we state facts, not advice. At 3.4% overlap, each fund still contributes meaningfully distinct exposure.

What does AWSHX own that VGSLX doesn't?

AWSHX holds 197 positions and VGSLX holds 145; 187 of AWSHX's positions don't appear in VGSLX at all, and they are 96.2% of AWSHX by weight.

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Related comparisons

Sources: issuer holdings files, AWSHX as of 2026-04-30, VGSLX as of 2026-06-30. Weights are fractions of each fund. Diagnostics, not advice.