FTIHX vs VTWNX: 3% overlap
Fidelity Total International Index and Vanguard Target Retirement 2020 share 2.8% 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 3 months apart — VTWNX as of 2026-03-31, 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.
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.
Top shared holdings
FTIHX and VTWNX hold 252 of the same securities. The ten contributing most to the overlap figure:
| Holding | in FTIHX | in VTWNX | Δ |
|---|---|---|---|
| CASH | 2.7% | 1.7% | 1.1% |
| RY | 0.6% | 0.1% | 0.5% |
| TD | 0.4% | 0.1% | 0.4% |
| BN | 0.2% | 0.0% | 0.2% |
| SHOP | 0.3% | 0.0% | 0.3% |
| BNS | 0.2% | 0.0% | 0.2% |
| BMO | 0.2% | 0.0% | 0.2% |
| ENB | 0.3% | 0.0% | 0.2% |
| CM | 0.2% | 0.0% | 0.2% |
| CNQ | 0.2% | 0.0% | 0.2% |
Where FTIHX and VTWNX 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.
| Sector | FTIHX | VTWNX | Δ |
|---|---|---|---|
| Unclassified | 94.6% | 29.8% | +64.9pp |
| Treasuries | 0.1% | 17.1% | −17.0pp |
| Information Technology | 0.0% | 10.0% | −9.9pp |
| MBS Pass-Through | 0.0% | 7.2% | −7.2pp |
| Financials | 1.3% | 8.2% | −6.9pp |
| Corporate — industrial & other | 0.0% | 5.5% | −5.5pp |
| Industrials | 0.4% | 4.0% | −3.6pp |
| Health Care | 0.0% | 2.7% | −2.7pp |
Δ is FTIHX minus VTWNX, 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
89.2% of FTIHX by weight, held in no part of VTWNX.
97.0% of VTWNX by weight, held in no part of FTIHX.
A large count with a small weight is the usual shape: the positions one fund adds are typically its smallest ones.
Concentration and cost
| FTIHX | VTWNX | |
|---|---|---|
| Top 10 holdings | 14.4% | 44.9% |
| Positions held | 5,057 | 7 |
| Cost per $10,000 held, per year | $6 | $8 |
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 FTIHX and VTWNX overlap?
FTIHX and VTWNX overlap 2.8% by portfolio weight — largely distinct portfolios. They share 252 holdings. The figure comes from current issuer holdings files (FTIHX as of 2026-04-30, VTWNX as of 2026-03-31).
How is the overlap between FTIHX and VTWNX calculated?
As the sum of the smaller weight in each fund, over every holding both funds own: Σ min(wA, wB). If FTIHX holds a stock at 6% and VTWNX 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 FTIHX and VTWNX?
That depends on your goals — we state facts, not advice. At 2.8% overlap, each fund still contributes meaningfully distinct exposure.
What does FTIHX own that VTWNX doesn't?
FTIHX holds 5,057 positions and VTWNX holds 7; 4,804 of FTIHX's positions don't appear in VTWNX at all, and they are 89.2% of FTIHX by weight.
You probably hold more than two funds
This page compares FTIHX and VTWNX. Paste your whole portfolio — brokerage, 401(k), IRA — and see the overlap across every fund at once, plus what you actually own underneath them and your own Effective Funds number. Free, no account, nothing stored.
X-ray my portfolio — free →Watch FTIHX vs VTWNX
We re-read both funds’ published holdings every weeknight. Leave an address and we'll tell you when what's inside actually changes.
Not sending yet — email alerts are built but switched off, and you'll be among the first when they turn on. No spam, one-click unsubscribe.
Related comparisons
Sources: issuer holdings files, FTIHX as of 2026-04-30, VTWNX as of 2026-03-31. Weights are fractions of each fund. Diagnostics, not advice.