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 > CNWAX vs VWO Holdings as of April 30, 2026

CNWAX vs VWO: Portfolio Overlap

New World Fund Inc vs Vanguard Emerging Markets Stock Index Fund

23.6%
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.

CNWAX
408 equity holdings
as of April 30, 2026
VWO
5012 equity holdings
as of April 30, 2026
143 stocks held in common
Overlap View Venn Diagram
23.6% OVERLAP CNWAX VWO
Overlapping Holdings
10 Top 10 of 143 shared, by overlap contribution
# Stock CNWAX VWO Overlap%
1
Taiwan Semiconductor Manufacturing Co Ltd
 10.33% 14.73% 10.33%
2
MediaTek Inc
 0.82% 1.07% 0.82%
3
Delta Electronics Inc
 0.56% 1.18% 0.56%
4
Bharti Airtel Ltd
 1.06% 0.52% 0.52%
5
Vale SA
 0.55% 0.51% 0.51%
6
Alibaba Group Holding Ltd
 0.40% 2.57% 0.40%
7
NetEase Inc
 0.59% 0.37% 0.37%
8
ELITE MATERIAL COMPANY LTD
 0.47% 0.37% 0.37%
9
ICICI Bank Ltd
 0.32% 0.62% 0.32%
10
Accton Technology Corp
 0.42% 0.32% 0.32%
Most Divergent Holdings Stocks held by one fund but absent from the other
Only in CNWAX — New World Fund Inc
StockWeight
SK hynix Inc4.85%
Tencent Holdings Ltd2.32%
AVGO2.21%
Samsung Electronics Co Ltd1.94%
NVDA1.52%
Only in VWO — VANGUARD EMERGING MARKETS STOCK INDEX FUND
StockWeight
Tencent Holdings Ltd.3.28%
Reliance Industries Ltd0.90%
China Construction Bank Corp0.86%
HDFC Bank Ltd0.81%
Hon Hai Precision Industry Co Ltd.0.75%

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

CNWAX (New World Fund Inc) and VWO (Vanguard Emerging Markets Stock Index Fund) share 23.6% portfolio overlap as of their April 30, 2026 filings, across 143 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 VWO 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 CNWAX and VWO?

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

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