FFFHX vs PRWCX: 0% overlap

Fidelity Freedom 2050 and T. Rowe Price Capital Appreciation share 0.3% of their portfolios by weight — computed as Σ min(wA, wB) over every holding both funds own.

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
0.3%
FFFHX expense ratio
0.75%
PRWCX expense ratio
0.72%

Top shared holdings

FFFHX and PRWCX hold 1 of the same securities. The ten contributing most to the overlap figure:

Holdingin FFFHXin PRWCXΔ
UST0.3%18.2%17.9%

Where FFFHX 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.

SectorFFFHXPRWCXΔ
Unclassified99.5%20.3%+79.3pp
Treasuries0.3%18.2%17.9pp
Information Technology0.0%17.8%17.8pp
Health Care0.0%12.2%12.2pp
Consumer Discretionary0.0%7.2%7.2pp
Utilities0.0%7.1%7.1pp
Communication Services0.0%6.7%6.7pp
Cash & Other-0.1%5.0%5.1pp

Δ is FFFHX 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 FFFHX
35 positions

99.7% of FFFHX by weight, held in no part of PRWCX.

Only in PRWCX
149 positions

76.5% of PRWCX by weight, held in no part of FFFHX.

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

Concentration and cost

FFFHXPRWCX
Top 10 holdings77.6%46.0%
Positions held37151
Cost per $10,000 held, per year$75$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 FFFHX and PRWCX overlap?

FFFHX and PRWCX overlap 0.3% by portfolio weight — largely distinct portfolios. They share 1 holdings. The figure comes from current issuer holdings files (FFFHX as of 2026-03-31, PRWCX as of 2026-03-31).

How is the overlap between FFFHX and PRWCX calculated?

As the sum of the smaller weight in each fund, over every holding both funds own: Σ min(wA, wB). If FFFHX 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 FFFHX and PRWCX?

That depends on your goals — we state facts, not advice. At 0.3% overlap, each fund still contributes meaningfully distinct exposure.

What does FFFHX own that PRWCX doesn't?

FFFHX holds 37 positions and PRWCX holds 151; 35 of FFFHX's positions don't appear in PRWCX at all, and they are 99.7% of FFFHX by weight.

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Related comparisons

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