ETF and Mutual Fund Analysis

Holdings as of April 30, 2026 (CNWAX) and March 31, 2026 (FCISX)

ETF and Mutual Fund Analysis

Overlap, Comparison, and Diversification for Your Portfolio

Home > Compare > CNWAX vs FCISX Holdings as of April 30, 2026 (CNWAX) and March 31, 2026 (FCISX)

CNWAX vs FCISX: Portfolio Overlap

New World Fund Inc vs Franklin Income Fund

1.6%
Weighted portfolio overlap
Low Overlap

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

CNWAX
408 equity holdings
as of April 30, 2026
FCISX
72 equity holdings
as of March 31, 2026
9 stocks held in common
Overlap View Venn Diagram
1.6% OVERLAP CNWAX FCISX
Overlapping Holdings
9 Sorted by overlap contribution
# Stock CNWAX FCISX Overlap%
1
MSFT
1.17% 0.39% 0.39%
2
TotalEnergies SE
0.31% 1.62% 0.31%
3
BASF SE
0.27% 0.68% 0.27%
4
PM
0.16% 0.73% 0.16%
5
SLB
0.29% 0.15% 0.15%
6
PEP
0.11% 3.45% 0.11%
7
FCX
0.11% 0.98% 0.11%
8
IBM
0.04% 2.15% 0.04%
9
ABT
0.02% 2.60% 0.02%
Most Divergent Holdings Stocks held by one fund but absent from the other
Only in CNWAX — New World Fund Inc
StockWeight
Taiwan Semiconductor Manufacturing Co Ltd10.33%
SK hynix Inc4.85%
Tencent Holdings Ltd2.32%
AVGO2.21%
Samsung Electronics Co Ltd1.94%
Only in FCISX — Franklin Income Fund
StockWeight
XOM7.53%
CVX6.89%
PG5.45%
SO3.86%
APD3.22%

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

CNWAX (New World Fund Inc) and FCISX (Franklin Income Fund) share 1.6% portfolio overlap as of CNWAX's April 30, 2026 filing and FCISX's March 31, 2026 filing, across 9 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 CNWAX and FCISX 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 CNWAX and FCISX?

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