AWSHX vs VONG: 32% overlap

American Funds Washington Mutual A and Vanguard Russell 1000 Growth ETF share 32.3% 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
1.7Effective Funds

You would hold two tickers and get the diversification of 1.7. Two funds that shared nothing would score 2.0; two identical funds score 1.0.

Overlap
32.3%
AWSHX expense ratio
0.57%
VONG expense ratio
0.06%

Top shared holdings

AWSHX and VONG hold 65 of the same securities. The ten contributing most to the overlap figure:

Holdingin AWSHXin VONGΔ
AVGO7.5%5.2%2.3%
MSFT4.6%4.1%0.5%
AAPL2.4%6.7%4.3%
GOOGL2.0%6.2%4.2%
NVDA1.6%13.8%12.2%
LLY1.6%2.8%1.2%
GOOG1.5%5.0%3.4%
META1.4%3.0%1.6%
V1.3%1.6%0.3%
KLAC1.3%1.2%0.1%

Where AWSHX and VONG 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.

SectorAWSHXVONGΔ
Information Technology21.9%54.3%32.4pp
Financials15.0%4.3%+10.7pp
Communication Services6.1%16.1%10.0pp
Unclassified7.9%0.0%+7.9pp
Consumer Staples7.0%1.3%+5.7pp
Health Care10.7%5.4%+5.3pp
Utilities3.8%0.3%+3.5pp
Real Estate3.3%0.4%+2.9pp

Δ is AWSHX minus VONG, 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
132 positions

52.2% of AWSHX by weight, held in no part of VONG.

Only in VONG
305 positions

34.0% of VONG 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

AWSHXVONG
Top 10 holdings29.9%54.3%
Positions held197370
Cost per $10,000 held, per year$57$6

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 VONG overlap?

AWSHX and VONG overlap 32.3% by portfolio weight — moderate overlap. They share 65 holdings. The figure comes from current issuer holdings files (AWSHX as of 2026-04-30, VONG as of 2026-06-30).

How is the overlap between AWSHX and VONG 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 VONG 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 VONG?

That depends on your goals — we state facts, not advice. At 32.3% overlap, each fund still contributes meaningfully distinct exposure.

What does AWSHX own that VONG doesn't?

AWSHX holds 197 positions and VONG holds 370; 132 of AWSHX's positions don't appear in VONG at all, and they are 52.2% of AWSHX by weight.

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Related comparisons

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