Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
ACWI vs SPMO: how they differ
ACWI and SPMO hold 22% of their weight in the same names, and SPMO returned more over the year.
iShares MSCI ACWI ETF and Invesco S&P 500 Momentum ETF.
What they hold in common
By the books each fund has filed, ACWI and SPMO hold 22% of their money in the same securities at the same weight.
| Holding | ACWI | SPMO |
|---|---|---|
| NVIDIA CORPORATION | 4.89% | 8.46% |
| ALPHABET INC. | 2.26% | 4.81% |
| BROADCOM INC. | 1.90% | 7.58% |
| ALPHABET INC. | 1.87% | 3.81% |
| EXXON MOBIL CORPORATION | 0.66% | 2.78% |
| MICRON TECHNOLOGY, INC. | 0.59% | 10.72% |
| ADVANCED MICRO DEVICES, INC. | 0.58% | 4.14% |
| JOHNSON & JOHNSON | 0.56% | 3.85% |
| INTEL CORPORATION | 0.43% | 2.95% |
| CATERPILLAR INC. | 0.42% | 2.60% |
| CISCO SYSTEMS, INC. | 0.36% | 2.02% |
| LAM RESEARCH CORPORATION | 0.33% | 3.54% |
| Only in ACWI | Only in SPMO |
|---|---|
| APPLE INC. 4.02% | Sandisk Corp. 2.46% |
| MICROSOFT CORPORATION 2.90% | Albemarle Corp. 0.10% |
| AMAZON.COM, INC. 2.58% | Huntington Ingalls Industries, Inc. 0.09% |
| Taiwan Semiconductor Manufacturing Compa 1.73% | Hasbro, Inc. 0.06% |
| META PLATFORMS, INC. 1.34% | Ralph Lauren Corp. 0.05% |
| TESLA, INC. 1.09% | Invesco Ltd. 0.05% |
| JPMORGAN CHASE & CO. 0.86% | TKO Group Holdings, Inc. 0.05% |
| ELI LILLY AND COMPANY 0.76% | Southwest Airlines Co. 0.02% |
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 | SPMO Invesco S&P 500 Momentum ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Invesco |
| What it is | MSCI ACWI | S&P 500 Momentum |
| Total return, 1 year | +19.1% | +24.5% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +1.6 pts | +7.0 pts |
| Expense ratio | 0.32% | 0.13% |
| Already in the S&P 500 | 61.4% | 100.0% |
| Holdings | 2307 | 99 |
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%.
SPMO in plain words
SPMO is an index equity fund tracking the S&P 500 Momentum. Over the year to Sep 11, 2026 it returned +24.5% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.13% a year. By its holdings filed for May 31, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 99 positions, with the top ten at 52.6%. It sat 8.3% below its high of Jun 22, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, ACWI or SPMO?
- In the year to Sep 12, 2026, with distributions reinvested, ACWI returned +19.1% and SPMO returned +24.5%, so SPMO returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, ACWI or SPMO?
- ACWI charges 0.32% a year and SPMO charges 0.13%, so SPMO is cheaper. Fees come from each fund's prospectus.
- How much do ACWI and SPMO overlap with the S&P 500?
- By their latest filed holdings, 61% of ACWI and 100% of SPMO by weight is stocks the S&P 500 already holds. Between the two funds, 22% 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 SPMO, data as of Sep 12, 2026. https://etfiq.com/compare/any/ACWI-SPMO Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources