Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
ACWI vs VOE: how they differ
ACWI and VOE hold 7% of their weight in the same names, and VOE returned more over the year.
iShares MSCI ACWI ETF and Vanguard Mid-Cap Value Index Fund.
What they hold in common
By the books each fund has filed, ACWI and VOE hold 7% of their money in the same securities at the same weight.
| Holding | ACWI | VOE |
|---|---|---|
| NEWMONT CORPORATION | 0.12% | 0.86% |
| CUMMINS INC. | 0.10% | 1.71% |
| THE WILLIAMS COMPANIES, INC. | 0.09% | 0.79% |
| FEDEX CORPORATION | 0.09% | 0.58% |
| JOHNSON CONTROLS INTERNATIONAL PUBLIC LI | 0.09% | 0.77% |
| SLB N.V. | 0.08% | 1.21% |
| CRH PUBLIC LIMITED COMPANY | 0.08% | 1.24% |
| VALERO ENERGY CORPORATION | 0.08% | 1.34% |
| MARATHON PETROLEUM CORPORATION | 0.08% | 1.29% |
| AMERICAN ELECTRIC POWER COMPANY, INC. | 0.07% | 0.65% |
| REGENERON PHARMACEUTICALS, INC. | 0.07% | 0.56% |
| PHILLIPS 66 | 0.07% | 1.18% |
| Only in ACWI | Only in VOE |
|---|---|
| NVIDIA CORPORATION 4.89% | Southwest Airlines Co 0.44% |
| APPLE INC. 4.02% | Medline Inc 0.27% |
| MICROSOFT CORPORATION 2.90% | Lennar Corp 0.03% |
| AMAZON.COM, INC. 2.58% | |
| ALPHABET INC. 2.26% | |
| BROADCOM INC. 1.90% | |
| ALPHABET INC. 1.87% | |
| Taiwan Semiconductor Manufacturing Compa 1.73% |
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 Jun 30, 2026.
| ACWI iShares MSCI ACWI ETF | VOE Vanguard Mid-Cap Value Index Fund | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Vanguard |
| What it is | MSCI ACWI | Mid-Cap Value |
| Total return, 1 year | +19.1% | +20.2% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +1.6 pts | +2.7 pts |
| Expense ratio | 0.32% | 0.05% |
| Already in the S&P 500 | 61.4% | 96.6% |
| Holdings | 2307 | 170 |
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%.
VOE in plain words
VOE is an index equity fund tracking the Mid-Cap Value. Over the year to Sep 11, 2026 it returned +20.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.05% a year. By its holdings filed for Jun 30, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 170 positions, with the top ten at 12.7%.
Questions people ask
- Which returned more over the last year, ACWI or VOE?
- In the year to Sep 12, 2026, with distributions reinvested, ACWI returned +19.1% and VOE returned +20.2%, so VOE returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, ACWI or VOE?
- ACWI charges 0.32% a year and VOE charges 0.05%, so VOE is cheaper. Fees come from each fund's prospectus.
- How much do ACWI and VOE overlap with the S&P 500?
- By their latest filed holdings, 61% of ACWI and 97% of VOE 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 VOE, data as of Sep 12, 2026. https://etfiq.com/compare/any/ACWI-VOE Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources