ETF and Mutual Fund Analysis

Holdings as of April 30, 2026 (CNWAX) and May 31, 2026 (FSKAX)

ETF and Mutual Fund Analysis

Overlap, Comparison, and Diversification for Your Portfolio

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

CNWAX vs FSKAX: Portfolio Overlap

New World Fund Inc vs Fidelity Total Market Index Fund

12.9%
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
FSKAX
3735 equity holdings
as of May 31, 2026
65 stocks held in common
Overlap View Venn Diagram
12.9% OVERLAP CNWAX FSKAX
Overlapping Holdings
10 Top 10 of 65 shared, by overlap contribution
# Stock CNWAX FSKAX Overlap%
1
AVGO
 2.21% 2.89% 2.21%
2
NVDA
 1.52% 7.01% 1.52%
3
MSFT
 1.17% 4.57% 1.17%
4
GOOGL
 1.03% 3.03% 1.03%
5
META
 0.93% 1.89% 0.93%
6
GOOG
 0.76% 2.40% 0.76%
7
GE
 0.44% 0.46% 0.44%
8
GEV
 0.36% 0.36% 0.36%
9
KLAC
 0.61% 0.34% 0.34%
10
MA
 0.33% 0.55% 0.33%
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%
Samsung Electronics Co Ltd1.94%
MELI1.48%
Only in FSKAX — Fidelity Total Market Index Fund
StockWeight
AMZN3.61%
BRK.B1.19%
AMD1.15%
JPM1.10%
XOM0.83%

Run the full interactive analysis — compare up to 5 funds at once, see Venn diagrams, heatmaps, and more.

Run Full Analysis →
Frequently Asked Questions (FAQs)
What is the portfolio overlap between CNWAX and FSKAX?

CNWAX (New World Fund Inc) and FSKAX (Fidelity Total Market Index Fund) share 12.9% portfolio overlap as of CNWAX's April 30, 2026 filing and FSKAX's May 31, 2026 filing, across 65 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 FSKAX 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 FSKAX?

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

Related Comparisons
CWGCX — Capital World Growth & Income Fund vs FSKAX — Fidelity Total Market Index FundCNWAX — New World Fund Inc vs FCNTX — Fidelity ContrafundCNWAX — New World Fund Inc vs FCISX — Franklin Income FundCNWAX — New World Fund Inc vs FSAKX — Strategic Advisers U.S. Total Stock FundFBGRX — Fidelity Blue Chip Growth Fund vs FSKAX — Fidelity Total Market Index FundFCNTX — Fidelity Contrafund vs FSKAX — Fidelity Total Market Index Fund