RGAGX vs VTIVX: 32% overlap
American Funds Growth Fund of America R6 and Vanguard Target Retirement 2045 share 32.2% 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.
You would hold two tickers and get the diversification of 1.7. Two funds that shared nothing would score 2.0; two identical funds score 1.0.
Top shared holdings
RGAGX and VTIVX hold 273 of the same securities. The ten contributing most to the overlap figure:
| Holding | in RGAGX | in VTIVX | Δ |
|---|---|---|---|
| NVDA | 6.1% | 3.0% | 3.0% |
| AAPL | 1.8% | 2.8% | 1.0% |
| MSFT | 4.0% | 1.8% | 2.2% |
| AMZN | 2.9% | 1.5% | 1.3% |
| 2330 | 2.3% | 1.4% | 0.9% |
| GOOGL | 2.9% | 1.4% | 1.5% |
| AVGO | 4.3% | 1.2% | 3.1% |
| GOOG | 2.9% | 1.1% | 1.8% |
| MU | 1.8% | 0.9% | 0.9% |
| META | 4.2% | 0.8% | 3.4% |
Where RGAGX and VTIVX 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 | RGAGX | VTIVX | Δ |
|---|---|---|---|
| Communication Services | 13.2% | 5.4% | +7.8pp |
| Financials | 6.5% | 13.3% | −6.8pp |
| Information Technology | 30.6% | 23.8% | +6.8pp |
| Treasuries | 0.0% | 6.2% | −6.2pp |
| Consumer Discretionary | 12.7% | 6.9% | +5.8pp |
| Health Care | 11.0% | 6.3% | +4.6pp |
| MBS Pass-Through | 0.5% | 2.6% | −2.1pp |
| Corporate — industrial & other | 0.0% | 2.0% | −2.0pp |
Δ is RGAGX minus VTIVX, 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
6.3% of RGAGX by weight, held in no part of VTIVX.
59.8% of VTIVX 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
| RGAGX | VTIVX | |
|---|---|---|
| Top 10 holdings | 36.7% | 21.4% |
| Positions held | 309 | 6 |
| Cost per $10,000 held, per year | $30 | $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 RGAGX and VTIVX overlap?
RGAGX and VTIVX overlap 32.2% by portfolio weight — moderate overlap. They share 273 holdings. The figure comes from current issuer holdings files (RGAGX as of 2026-02-28, VTIVX as of 2026-03-31).
How is the overlap between RGAGX and VTIVX 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 VTIVX 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 VTIVX?
That depends on your goals — we state facts, not advice. At 32.2% overlap, each fund still contributes meaningfully distinct exposure.
What does RGAGX own that VTIVX doesn't?
RGAGX holds 309 positions and VTIVX holds 6; 35 of RGAGX's positions don't appear in VTIVX at all, and they are 6.3% of RGAGX by weight.
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Related comparisons
Sources: issuer holdings files, RGAGX as of 2026-02-28, VTIVX as of 2026-03-31. Weights are fractions of each fund. Diagnostics, not advice.