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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 EMB: how they differ

ACWI and EMB hold 0% of their weight in the same names, and ACWI returned more over the year.

iShares MSCI ACWI ETF and iShares J.P. Morgan USD Emerging Markets Bond ETF.

What they hold in common

By the books each fund has filed, ACWI and EMB hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in ACWIOnly in EMB
NVIDIA CORPORATION 4.89%Argentina Republic Government Internatio 1.12%
APPLE INC. 4.02%Argentina Republic Government Internatio 0.73%
MICROSOFT CORPORATION 2.90%Argentina Republic Government Internatio 0.64%
AMAZON.COM, INC. 2.58%Argentina Republic Government Internatio 0.53%
ALPHABET INC. 2.26%Uruguay Government International Bonds 0.52%
BROADCOM INC. 1.90%EAGLE FUNDING LUXCO SARL 0.51%
ALPHABET INC. 1.87%Republic of Poland Government Internatio 0.40%
Taiwan Semiconductor Manufacturing Compa 1.73%UKRAINE GOVERNMENT 0.38%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026.

ACWI and EMB on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
ACWI
iShares MSCI ACWI ETF
EMB
iShares J.P. Morgan USD Emerging Markets Bond ETF
Where it sitsCore index fundCore index fund
IssueriSharesiShares
What it isMSCI ACWIJ.P. Morgan USD Emerging Markets Bond
Total return, 1 year+19.1%+2.8%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500+1.6 pts−14.7 pts
Expense ratio0.32%0.39%
Holdings2307681

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%.

EMB in plain words

EMB is a bond fund tracking the J.P. Morgan USD Emerging Markets Bond. Over the year to Sep 11, 2026 it returned +2.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.39% a year.

Questions people ask

Which returned more over the last year, ACWI or EMB?
In the year to Sep 12, 2026, with distributions reinvested, ACWI returned +19.1% and EMB returned +2.8%, so ACWI returned more. One year is one year; the longer windows are in the table.
Which is cheaper, ACWI or EMB?
ACWI charges 0.32% a year and EMB charges 0.39%, so ACWI 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 EMB, 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 EMB, data as of Sep 12, 2026. https://etfiq.com/compare/any/ACWI-EMB Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources