AWSHX vs VV: 45% overlap

American Funds Washington Mutual A and Vanguard Large-Cap ETF share 45.3% 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
1.5Effective Funds

You would hold two tickers and get the diversification of 1.5. Two funds that shared nothing would score 2.0; two identical funds score 1.0.

Overlap
45.3%
AWSHX expense ratio
0.57%
VV expense ratio
0.03%

Top shared holdings

AWSHX and VV hold 154 of the same securities. The ten contributing most to the overlap figure:

Holdingin AWSHXin VVΔ
MSFT4.6%4.4%0.3%
AVGO7.5%2.8%4.7%
AAPL2.4%6.7%4.3%
GOOGL2.0%3.3%1.3%
NVDA1.6%7.3%5.6%
LLY1.6%1.6%0.0%
GOOG1.5%2.6%1.1%
META1.4%2.0%0.6%
JPM1.4%1.3%0.2%
XOM1.0%0.9%0.1%

Where AWSHX and VV 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.

SectorAWSHXVVΔ
Information Technology21.9%38.1%16.3pp
Unclassified7.9%0.1%+7.8pp
Communication Services6.1%10.0%3.8pp
Financials15.0%11.6%+3.4pp
Industrials11.7%9.0%+2.7pp
Consumer Staples7.0%4.5%+2.5pp
Consumer Discretionary6.9%9.1%2.3pp
Health Care10.7%8.9%+1.8pp

Δ is AWSHX minus VV, 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
43 positions

11.7% of AWSHX by weight, held in no part of VV.

Only in VV
280 positions

30.2% of VV 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

AWSHXVV
Top 10 holdings29.9%36.6%
Positions held197434
Cost per $10,000 held, per year$57$3

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 VV overlap?

AWSHX and VV overlap 45.3% by portfolio weight — moderate overlap. They share 154 holdings. The figure comes from current issuer holdings files (AWSHX as of 2026-04-30, VV as of 2026-06-30).

How is the overlap between AWSHX and VV 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 VV 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 VV?

That depends on your goals — we state facts, not advice. At 45.3% overlap, each fund still contributes meaningfully distinct exposure.

What does AWSHX own that VV doesn't?

AWSHX holds 197 positions and VV holds 434; 43 of AWSHX's positions don't appear in VV at all, and they are 11.7% of AWSHX by weight.

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Related comparisons

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