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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 EMXC: how they differ

ACWI and EMXC hold 9% of their weight in the same names, and EMXC returned more over the year.

iShares MSCI ACWI ETF and iShares MSCI Emerging Markets ex China ETF.

What they hold in common

By the books each fund has filed, ACWI and EMXC hold 9% of their money in the same securities at the same weight.

Positions ACWI and EMXC both hold, largest shared weight first
HoldingACWIEMXC
Taiwan Semiconductor Manufacturing Compa1.73%17.97%
SK hynix Inc.0.49%8.37%
DELTA ELECTRONICS, INC.0.14%1.47%
MediaTek Inc.0.13%2.04%
Samsung Electronics Co., Ltd.0.09%1.07%
HDFC BANK LIMITED0.09%0.88%
RELIANCE INDUSTRIES LIMITED0.09%0.83%
HON HAI PRECISION INDUSTRY CO., LTD.0.09%1.13%
ICICI BANK LIMITED0.07%0.69%
VALE S.A.0.06%0.58%
SK Square Co., Ltd.0.06%0.75%
AL RAJHI BANKING AND INVESTMENT CORPORAT0.05%0.52%
Largest positions each one holds and the other does not
Only in ACWIOnly in EMXC
NVIDIA CORPORATION 4.89%Fibra Uno Administracion S.C. 0.05%
APPLE INC. 4.02%KRUNG THAI BANK PUBLIC COMPANY LIMITED 0.04%
MICROSOFT CORPORATION 2.90%Grupo Aeroportuario del Centro Norte, S. 0.04%
AMAZON.COM, INC. 2.58%KASIKORNBANK PUBLIC COMPANY LIMITED 0.04%
ALPHABET INC. 2.26%Plaza S.A. 0.03%
BROADCOM INC. 1.90%SCB X PUBLIC COMPANY LIMITED 0.03%
ALPHABET INC. 1.87%Bumrungrad Hospital Public Company Limit 0.03%
META PLATFORMS, INC. 1.34%Promotora y Operadora de Infraestructura 0.03%

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 and May 31, 2026.

ACWI and EMXC on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
ACWI
iShares MSCI ACWI ETF
EMXC
iShares MSCI Emerging Markets ex China ETF
Where it sitsCore index fundCore index fund
IssueriSharesiShares
What it isMSCI ACWIMSCI Emerging Markets ex China
Total return, 1 year+19.1%+55.5%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500+1.6 pts+38.0 pts
Expense ratio0.32%0.25%
Already in the S&P 50061.4%0.0%
Holdings2307662

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%.

EMXC in plain words

EMXC is an index equity fund tracking the MSCI Emerging Markets ex China. Over the year to Sep 11, 2026 it returned +55.5% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.25% a year. By its holdings filed for May 31, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 662 positions, with the top ten at 44.3%. It sat 5.5% below its high of Jun 22, 2026 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, ACWI or EMXC?
In the year to Sep 12, 2026, with distributions reinvested, ACWI returned +19.1% and EMXC returned +55.5%, so EMXC returned more. One year is one year; the longer windows are in the table.
Which is cheaper, ACWI or EMXC?
ACWI charges 0.32% a year and EMXC charges 0.25%, so EMXC is cheaper. Fees come from each fund's prospectus.
How much do ACWI and EMXC overlap with the S&P 500?
By their latest filed holdings, 61% of ACWI and 0% of EMXC by weight is stocks the S&P 500 already holds. Between the two funds, 9% of their books are the same securities at the same weight.

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

A comparison is not a recommendation. Standards and sources