RGAGX vs VGSLX: 1% overlap

American Funds Growth Fund of America R6 and Vanguard Real Estate Index Admiral share 0.6% 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 4 months apart — RGAGX as of 2026-02-28, 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
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
0.6%
RGAGX expense ratio
0.30%
VGSLX expense ratio
0.13%

Top shared holdings

RGAGX and VGSLX hold 5 of the same securities. The ten contributing most to the overlap figure:

Holdingin RGAGXin VGSLXΔ
WELL0.4%8.4%8.0%
Z0.1%0.3%0.2%
CSGP0.1%0.6%0.6%
AMT0.0%4.0%4.0%
MRP0.0%0.2%0.2%

Where RGAGX and VGSLX 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.

SectorRGAGXVGSLXΔ
Real Estate0.6%84.0%83.4pp
Information Technology30.6%0.0%+30.6pp
Communication Services13.2%0.0%+13.2pp
Consumer Discretionary12.7%0.2%+12.4pp
Health Care11.0%0.0%+11.0pp
Industrials9.8%0.0%+9.8pp
Unclassified7.6%14.7%7.1pp
Financials6.5%0.3%+6.3pp

Δ is RGAGX minus VGSLX, 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 RGAGX
303 positions

98.3% of RGAGX by weight, held in no part of VGSLX.

Only in VGSLX
140 positions

86.4% of VGSLX by weight, held in no part of RGAGX.

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

Concentration and cost

RGAGXVGSLX
Top 10 holdings36.7%54.1%
Positions held309145
Cost per $10,000 held, per year$30$13

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 RGAGX and VGSLX overlap?

RGAGX and VGSLX overlap 0.6% by portfolio weight — largely distinct portfolios. They share 5 holdings. The figure comes from current issuer holdings files (RGAGX as of 2026-02-28, VGSLX as of 2026-06-30).

How is the overlap between RGAGX and VGSLX calculated?

As the sum of the smaller weight in each fund, over every holding both funds own: Σ min(wA, wB). If RGAGX holds a stock at 6% and VGSLX 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 RGAGX and VGSLX?

That depends on your goals — we state facts, not advice. At 0.6% overlap, each fund still contributes meaningfully distinct exposure.

What does RGAGX own that VGSLX doesn't?

RGAGX holds 309 positions and VGSLX holds 145; 303 of RGAGX's positions don't appear in VGSLX at all, and they are 98.3% of RGAGX by weight.

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Related comparisons

Sources: issuer holdings files, RGAGX as of 2026-02-28, VGSLX as of 2026-06-30. Weights are fractions of each fund. Diagnostics, not advice.