# Portfolio overlap — VTWNX vs VTIVX Comparing **VANGUARD TARGET RETIREMENT 2020 FUND** (2026-03-31) and **VANGUARD TARGET RETIREMENT 2045 FUND** (2026-03-31). - Shared positions: 5 - VANGUARD TARGET RETIREMENT 2020 FUND covered by VANGUARD TARGET RETIREMENT 2045 FUND: 0.5283025703770974077964336907 - VANGUARD TARGET RETIREMENT 2045 FUND covered by VANGUARD TARGET RETIREMENT 2020 FUND: 0.5283025703770974077964336908 ## VANGUARD TARGET RETIREMENT 2020 FUND — top positions | Security | Weight | Shared | |----------|--------|--------| | VANG-TB II-INV | 0.354619 | ✓ | | VANG-T ST M-INS+ | 0.201191 | ✓ | | VANG-S/T INF-ADM | 0.150079 | | | VANG-TTL INT-INS | 0.149828 | ✓ | | VANG-TO INT-INV | 0.138272 | ✓ | | Vanguard Market Liquidity Fund | 0.006011 | ✓ | ## VANGUARD TARGET RETIREMENT 2045 FUND — top positions | Security | Weight | Shared | |----------|--------|--------| | VANG-T ST M-INS+ | 0.478248 | ✓ | | VANG-TO INT-INV | 0.332893 | ✓ | | VANG-TB II-INV | 0.128441 | ✓ | | VANG-TTL INT-INS | 0.054387 | ✓ | | Vanguard Market Liquidity Fund | 0.006032 | ✓ | ## Sources - N-PORT (fund A) — accession `0000752177-26-000227` (as of 2026-03-31) - N-PORT (fund B) — accession `0000752177-26-000236` (as of 2026-03-31) --- _Informational only — not investment advice. FundWatcher presents publicly available data and makes no recommendation to buy or sell any security. Verify all figures against the source filing before relying on them._ _Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC._ _Use of this data is subject to the FundWatcher Terms of Service. Information may be used only for personal, non-commercial research and may not be redistributed. See _