FSPSX vs PRWCX: 0% overlap

Fidelity International Index and T. Rowe Price Capital Appreciation share 0.0% of their portfolios by weight — computed as Σ min(wA, wB) over every holding both funds own.

Different holding dates. These holdings were published 31 days apart — FSPSX as of 2026-02-28, the rest through 2026-03-31. 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
0.0%
FSPSX expense ratio
0.03%
PRWCX expense ratio
0.72%

Top shared holdings

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

Holdingin FSPSXin PRWCXΔ
UST0.0%18.2%18.1%

Where FSPSX 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.

SectorFSPSXPRWCXΔ
Unclassified98.0%20.3%+77.8pp
Treasuries0.0%18.2%18.1pp
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 Services0.1%6.7%6.6pp
Cash & Other0.0%5.0%5.0pp

Δ is FSPSX 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 FSPSX
700 positions

100.4% of FSPSX by weight, held in no part of PRWCX.

Only in PRWCX
149 positions

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

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

Concentration and cost

FSPSXPRWCX
Top 10 holdings14.3%46.0%
Positions held701151
Cost per $10,000 held, per year$4$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 FSPSX and PRWCX overlap?

FSPSX and PRWCX overlap 0.0% by portfolio weight — largely distinct portfolios. They share 1 holdings. The figure comes from current issuer holdings files (FSPSX as of 2026-02-28, PRWCX as of 2026-03-31).

How is the overlap between FSPSX and PRWCX calculated?

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

That depends on your goals — we state facts, not advice. At 0.0% overlap, each fund still contributes meaningfully distinct exposure.

What does FSPSX own that PRWCX doesn't?

FSPSX holds 701 positions and PRWCX holds 151; 700 of FSPSX's positions don't appear in PRWCX at all, and they are 100.4% of FSPSX by weight.

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Related comparisons

Sources: issuer holdings files, FSPSX as of 2026-02-28, PRWCX as of 2026-03-31. Weights are fractions of each fund. Diagnostics, not advice.