RNWAX Mutual Fund
NAV$98.68
AUM$49M
TER1.66%
Holdings624
RNWAX Mutual Fund
NAV$98.68
New World Fund Class R1
AUM$49M
TER1.66%
Holdings624
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RNWAX Mutual Fund Overlap Analysis
RNWAX overlap analysis compares holdings with other mutual funds to identify shared positions. Overlapping holdings can lead to unintended concentration risk in a portfolio.
RNWAX portfolio overlap matters because owning multiple funds with the same underlying stocks reduces true diversification. With 624 holdings, RNWAX may share significant positions with broad-market funds.
RNWAX overlap tool lets you enter any other mutual fund ticker and see the exact overlap percentage and shared holdings. RNWAX tax-loss harvesting finds highly correlated but non-identical funds.