ETF and Mutual Fund Analysis

Holdings as of April 30, 2026 (CNWAX) and August 12, 2026 (SPY)

ETF and Mutual Fund Analysis

Overlap, Comparison, and Diversification for Your Portfolio

Home > Compare > CNWAX vs SPY Holdings as of April 30, 2026 (CNWAX) and August 12, 2026 (SPY)

CNWAX vs SPY: Portfolio Overlap

New World Fund Inc vs SPDR® S&P 500® ETF Trust

12.3%
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
SPY
505 equity holdings
as of August 12, 2026
51 stocks held in common
Overlap View Venn Diagram
12.3% OVERLAP CNWAX SPY
Overlapping Holdings
10 Top 10 of 51 shared, by overlap contribution
# Stock CNWAX SPY Overlap%
1
AVGO
 2.21% 2.95% 2.21%
2
NVDA
 1.52% 8.14% 1.52%
3
MSFT
 1.17% 5.49% 1.17%
4
GOOGL
 1.03% 3.02% 1.03%
5
META
 0.93% 1.91% 0.93%
6
GOOG
 0.76% 2.43% 0.76%
7
GE
 0.44% 0.57% 0.44%
8
KLAC
 0.61% 0.41% 0.41%
9
GEV
 0.36% 0.42% 0.36%
10
MA
 0.33% 0.68% 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 SPY — SPDR® S&P 500® ETF Trust
StockWeight
AMZN3.92%
JPM1.47%
BRK.B1.40%
AMD1.18%
XOM0.99%

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 SPY?

CNWAX (New World Fund Inc) and SPY (SPDR® S&P 500® ETF Trust) share 12.3% portfolio overlap as of CNWAX's April 30, 2026 filing and SPY's August 12, 2026 filing, across 51 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 SPY 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 SPY?

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
SPYM — State Street(R) SPDR(R) Portfolio S&P 500(R) ETF vs VWENX — VANGUARD WELLINGTON FUNDSPYM — State Street(R) SPDR(R) Portfolio S&P 500(R) ETF vs VFIAX — VANGUARD 500 INDEX FUNDCWGCX — Capital World Growth & Income Fund vs SPYM — State Street(R) SPDR(R) Portfolio S&P 500(R) ETFCNWAX — New World Fund Inc vs VTV — VANGUARD VALUE INDEX FUNDCNWAX — New World Fund Inc vs VOO — VANGUARD 500 INDEX FUNDJLGMX — JPMorgan Large Cap Growth Fund vs SPYM — State Street(R) SPDR(R) Portfolio S&P 500(R) ETF