ETF and Mutual Fund Analysis

Holdings as of March 31, 2026 (AFICX) and May 31, 2026 (FSKAX)

ETF and Mutual Fund Analysis

Overlap, Comparison, and Diversification for Your Portfolio

Home > Compare > AFICX vs FSKAX Holdings as of March 31, 2026 (AFICX) and May 31, 2026 (FSKAX)

AFICX vs FSKAX: Portfolio Overlap

American Funds Fundamental Investors vs Fidelity Total Market Index Fund

40.7%
Weighted portfolio overlap
Moderate Overlap

Moderate Overlap. A recognisable amount of shared weight, common among funds drawing on the same large-cap pool. Much of it typically sits in the top conviction holdings.

AFICX
238 equity holdings
as of March 31, 2026
FSKAX
3735 equity holdings
as of May 31, 2026
172 stocks held in common
Overlap View Venn Diagram
40.7% OVERLAP AFICX FSKAX
Overlapping Holdings
10 Top 10 of 172 shared, by overlap contribution
# Stock AFICX FSKAX Overlap%
1
MSFT
4.67% 4.57% 4.57%
2
NVDA
3.74% 7.01% 3.74%
3
AMZN
2.90% 3.61% 2.90%
4
AVGO
6.15% 2.89% 2.89%
5
GOOG
3.77% 2.40% 2.40%
6
META
2.40% 1.89% 1.89%
7
GOOGL
1.65% 3.03% 1.65%
8
AAPL
1.58% 6.26% 1.58%
9
MU
2.20% 1.49% 1.49%
10
LLY
0.98% 1.20% 0.98%
Most Divergent Holdings Stocks held by one fund but absent from the other
Only in AFICX — American Funds Fundamental Investors
StockWeight
British American Tobacco PLC2.38%
Taiwan Semiconductor Manufacturing Co Ltd2.24%
SK hynix Inc1.72%
TSM1.18%
MELI0.90%
Only in FSKAX — Fidelity Total Market Index Fund
StockWeight
AMD1.15%
JNJ0.74%
CSCO0.65%
LRCX0.54%
ORCL0.52%

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

AFICX (American Funds Fundamental Investors) and FSKAX (Fidelity Total Market Index Fund) share 40.7% portfolio overlap as of AFICX's March 31, 2026 filing and FSKAX's May 31, 2026 filing, across 172 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 AFICX and FSKAX invest in the same stocks?

Somewhat. The two funds share a meaningful set of stocks, though each also holds distinct positions the other does not.

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

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