ETF and Mutual Fund Analysis

Holdings as of March 31, 2026

ETF and Mutual Fund Analysis

Overlap, Comparison, and Diversification for Your Portfolio

Home > Compare > ABALX vs AFICX Holdings as of March 31, 2026

ABALX vs AFICX: Portfolio Overlap

American Balanced Fund vs American Funds Fundamental Investors

57.5%
Weighted portfolio overlap
High Overlap

The two funds are running highly redundant strategies — the same market exposure is paid for through two expense ratios.

ABALX
174 equity holdings
as of March 31, 2026
AFICX
238 equity holdings
as of March 31, 2026
114 stocks held in common
Overlap View Venn Diagram
57.5% OVERLAP ABALX AFICX
Overlapping Holdings
10 Top 10 of 114 shared, by overlap contribution
# Stock ABALX AFICX Overlap%
1
AVGO
 5.47% 6.15% 5.47%
2
PM
 3.63% 4.13% 3.63%
3
NVDA
 3.25% 3.74% 3.25%
4
MSFT
 3.23% 4.67% 3.23%
5
GOOG
 2.32% 3.77% 2.32%
6
MU
 2.09% 2.20% 2.09%
7
GOOGL
 2.83% 1.65% 1.65%
8
AMZN
 1.30% 2.90% 1.30%
9
V
 1.68% 1.26% 1.26%
10
SK hynix Inc
 1.19% 1.72% 1.19%
Most Divergent Holdings Stocks held by one fund but absent from the other
Only in ABALX — American Balanced Fund
StockWeight
CAPITAL GROUP CENTRAL CORPORATE BOND FUND4.55%
GILD0.85%
IBM0.72%
Chubb Ltd0.58%
NKE0.56%
Only in AFICX — American Funds Fundamental Investors
StockWeight
MSTR0.87%
Rolls-Royce Holdings PLC0.79%
RYAAY0.74%
GE0.64%
PFGC0.58%

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Frequently Asked Questions (FAQs)
What is the portfolio overlap between ABALX and AFICX?

ABALX (American Balanced Fund) and AFICX (American Funds Fundamental Investors) share 57.5% portfolio overlap as of their March 31, 2026 filings, across 114 common stocks. Overlap is the sum of the smaller weight of each shared stock, so it reads as the share of a dollar that lands on the same companies in both funds.

Do ABALX and AFICX invest in the same stocks?

Largely yes. A substantial portion of both portfolios consists of the same stocks, leaving limited room for differentiation.

What are the top stocks held by both ABALX and AFICX?

The most prominent shared holdings (by combined weight) are: AVGO, PM, NVDA. See the full common-holdings table on this page for weights in each fund.

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