Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
ACWI vs SCHF: how they differ
ACWI and SCHF hold 7% of their weight in the same names, and SCHF returned more over the year.
iShares MSCI ACWI ETF and Schwab International Equity ETF.
What they hold in common
By the books each fund has filed, ACWI and SCHF hold 7% of their money in the same securities at the same weight.
| Holding | ACWI | SCHF |
|---|---|---|
| Novartis AG | 0.28% | 0.98% |
| ROYAL BANK OF CANADA | 0.25% | 0.91% |
| THE TORONTO-DOMINION BANK | 0.18% | 0.65% |
| SAP SE | 0.18% | 0.63% |
| Allianz SE | 0.17% | 0.57% |
| Siemens Energy AG | 0.17% | 0.48% |
| ABB Ltd | 0.16% | 0.56% |
| SHOPIFY INC. | 0.15% | 0.49% |
| UBS Group AG | 0.14% | 0.50% |
| Airbus SE | 0.12% | 0.41% |
| Enbridge Inc. | 0.12% | 0.40% |
| Deutsche Telekom AG | 0.12% | 0.39% |
| Only in ACWI | Only in SCHF |
|---|---|
| NVIDIA CORPORATION 4.89% | SK hynix Inc 2.83% |
| APPLE INC. 4.02% | ASML Holding NV 2.12% |
| MICROSOFT CORPORATION 2.90% | HSBC Holdings PLC 1.09% |
| AMAZON.COM, INC. 2.58% | AstraZeneca PLC 0.94% |
| ALPHABET INC. 2.26% | Nestle SA 0.88% |
| BROADCOM INC. 1.90% | Shell PLC 0.81% |
| ALPHABET INC. 1.87% | Siemens AG 0.78% |
| Taiwan Semiconductor Manufacturing Compa 1.73% | BHP Group Ltd 0.74% |
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 iShares MSCI ACWI ETF | SCHF Schwab International Equity ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Schwab |
| What it is | MSCI ACWI | International Equity |
| Total return, 1 year | +19.1% | +25.4% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +1.6 pts | +8.0 pts |
| Expense ratio | 0.32% | 0.03% |
| Already in the S&P 500 | 61.4% | 0.0% |
| Holdings | 2307 | 1476 |
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%.
SCHF in plain words
SCHF is an index equity fund tracking the International Equity. Over the year to Sep 11, 2026 it returned +25.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.03% 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 1476 positions, with the top ten at 14.9%.
Questions people ask
- Which returned more over the last year, ACWI or SCHF?
- In the year to Sep 12, 2026, with distributions reinvested, ACWI returned +19.1% and SCHF returned +25.4%, so SCHF returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, ACWI or SCHF?
- ACWI charges 0.32% a year and SCHF charges 0.03%, so SCHF is cheaper. Fees come from each fund's prospectus.
- How much do ACWI and SCHF overlap with the S&P 500?
- By their latest filed holdings, 61% of ACWI and 0% of SCHF by weight is stocks the S&P 500 already holds. Between the two funds, 7% of their books are the same securities at the same weight.
Other comparisons
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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.
Cite this page. ETFIQ, ACWI against SCHF, data as of Sep 12, 2026. https://etfiq.com/compare/any/ACWI-SCHF Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources