ETF and Mutual Fund Analysis

Holdings as of April 30, 2026

ETF and Mutual Fund Analysis

Overlap, Comparison, and Diversification for Your Portfolio

Home > Compare > AMECX vs CNWAX Holdings as of April 30, 2026

AMECX vs CNWAX: Portfolio Overlap

Income Fund of America vs New World Fund Inc

13.4%
Weighted portfolio overlap
Low Overlap

Low Overlap. The two portfolios have highly distinct allocations: little of the weight sits in the same stocks.

AMECX
201 equity holdings
as of April 30, 2026
CNWAX
408 equity holdings
as of April 30, 2026
58 stocks held in common
Overlap View Venn Diagram
13.4% OVERLAP AMECX CNWAX
Overlapping Holdings
10 Top 10 of 58 shared, by overlap contribution
# Stock AMECX CNWAX Overlap%
1
AVGO
 2.19% 2.21% 2.19%
2
Taiwan Semiconductor Manufacturing Co Ltd
 2.01% 10.33% 2.01%
3
MediaTek Inc
 0.87% 0.82% 0.82%
4
MSFT
 0.76% 1.17% 0.76%
5
NESTLE' SA/AG
 0.93% 0.58% 0.58%
6
Vale SA
 1.35% 0.55% 0.55%
7
Glencore PLC
 0.42% 0.40% 0.40%
8
NOVO NORDISK A/S
 0.65% 0.35% 0.35%
9
Barrick Mining Corp
 0.63% 0.35% 0.35%
10
AstraZeneca PLC
 0.85% 0.33% 0.33%
Most Divergent Holdings Stocks held by one fund but absent from the other
Only in AMECX — Income Fund of America
StockWeight
AMGN2.58%
EOG2.47%
UNH2.28%
SO2.23%
GILD1.99%
Only in CNWAX — New World Fund Inc
StockWeight
SK hynix Inc4.85%
Tencent Holdings Ltd2.32%
Samsung Electronics Co Ltd1.94%
NVDA1.52%
MELI1.48%

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Frequently Asked Questions (FAQs)
What is the portfolio overlap between AMECX and CNWAX?

AMECX (Income Fund of America) and CNWAX (New World Fund Inc) share 13.4% portfolio overlap as of their April 30, 2026 filings, across 58 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 AMECX and CNWAX invest in the same stocks?

Mostly not. Only a small portion of their portfolios overlaps — these funds hold largely different stocks and genuinely diversify each other.

What are the top stocks held by both AMECX and CNWAX?

The most prominent shared holdings (by combined weight) are: AVGO, Taiwan Semiconductor Manufacturing Co Ltd, MediaTek Inc. See the full common-holdings table on this page for weights in each fund.

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