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Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

ACWI vs BIL: how they differ

ACWI is an equity index fund and BIL a short-term Treasury fund, and over the year ACWI returned more, +19.1% against +3.7%.

iShares MSCI ACWI ETF and SPDR Bloomberg 1-3 Month T-Bill ETF.

ACWI and BIL on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
ACWI
iShares MSCI ACWI ETF
BIL
SPDR Bloomberg 1-3 Month T-Bill ETF
Where it sitsCore index fundCore index fund
IssueriSharesState Street
What it isMSCI ACWI1-3 month T-bills
Total return, 1 year+19.1%+3.7%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500+1.6 pts−13.8 pts
Expense ratio0.32%0.14%
Holdings2307not filed

ACWI in plain words

ACWI is an index equity fund tracking the MSCI ACWI. Over the year to Sep 11, 2026 it returned +19.1% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.32% a year. By its holdings filed for Apr 30, 2026, 61% of the fund by weight is stocks the S&P 500 also holds, across 2307 positions, with the top ten at 24.6%.

BIL in plain words

BIL is a cash and treasury bills tracking the 1-3 month T-bills. Over the year to Sep 11, 2026 it returned +3.7% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.14% a year.

Questions people ask

Which returned more over the last year, ACWI or BIL?
In the year to Sep 12, 2026, with distributions reinvested, ACWI returned +19.1% and BIL returned +3.7%, so ACWI returned more. One year is one year; the longer windows are in the table.
Which is cheaper, ACWI or BIL?
ACWI charges 0.32% a year and BIL charges 0.14%, so BIL is cheaper. Fees come from each fund's prospectus.

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Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

ACWI against BIL, ETFIQ, data as of Sep 12, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, ACWI against BIL, data as of Sep 12, 2026. https://etfiq.com/compare/any/ACWI-BIL Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources