Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
ACWI vs VONG: how they differ
ACWI and VONG hold 39% of their weight in the same names, and ACWI returned more over the year.
iShares MSCI ACWI ETF and Vanguard Russell 1000 Growth Index Fund.
What they hold in common
By the books each fund has filed, ACWI and VONG hold 39% of their money in the same securities at the same weight.
| Holding | ACWI | VONG |
|---|---|---|
| NVIDIA CORPORATION | 4.89% | 13.09% |
| APPLE INC. | 4.02% | 11.97% |
| MICROSOFT CORPORATION | 2.90% | 8.98% |
| AMAZON.COM, INC. | 2.58% | 5.07% |
| ALPHABET INC. | 2.26% | 3.91% |
| BROADCOM INC. | 1.90% | 5.78% |
| ALPHABET INC. | 1.87% | 3.15% |
| META PLATFORMS, INC. | 1.34% | 3.20% |
| TESLA, INC. | 1.09% | 3.48% |
| ELI LILLY AND COMPANY | 0.76% | 2.67% |
| ADVANCED MICRO DEVICES, INC. | 0.58% | 1.47% |
| VISA INC. | 0.56% | 1.57% |
| Only in ACWI | Only in VONG |
|---|---|
| Taiwan Semiconductor Manufacturing Compa 1.73% | Coupang Inc 0.07% |
| JPMORGAN CHASE & CO. 0.86% | Lattice Semiconductor Corp 0.05% |
| BERKSHIRE HATHAWAY INC. 0.66% | Viking Holdings Ltd 0.05% |
| EXXON MOBIL CORPORATION 0.66% | Tempur Sealy International Inc 0.04% |
| MICRON TECHNOLOGY, INC. 0.59% | Lamar Advertising Co 0.04% |
| ASML Holding N.V. 0.56% | Guidewire Software Inc 0.04% |
| JOHNSON & JOHNSON 0.56% | Dynatrace Inc 0.04% |
| SK hynix Inc. 0.49% | Penumbra Inc 0.04% |
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 | VONG Vanguard Russell 1000 Growth Index Fund | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Vanguard |
| What it is | MSCI ACWI | Russell 1000 Growth |
| Total return, 1 year | +19.1% | +7.2% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +1.6 pts | −10.3 pts |
| Expense ratio | 0.32% | 0.07% |
| Already in the S&P 500 | 61.4% | 95.6% |
| Holdings | 2307 | 387 |
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%.
VONG in plain words
VONG is an index equity fund tracking the Russell 1000 Growth. Over the year to Sep 11, 2026 it returned +7.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.07% a year. By its holdings filed for May 31, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 387 positions, with the top ten at 61.3%. It sat 4.9% below its high of Jun 1, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, ACWI or VONG?
- In the year to Sep 12, 2026, with distributions reinvested, ACWI returned +19.1% and VONG returned +7.2%, so ACWI returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, ACWI or VONG?
- ACWI charges 0.32% a year and VONG charges 0.07%, so VONG is cheaper. Fees come from each fund's prospectus.
- How much do ACWI and VONG overlap with the S&P 500?
- By their latest filed holdings, 61% of ACWI and 96% of VONG by weight is stocks the S&P 500 already holds. Between the two funds, 39% 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.
Cite this page. ETFIQ, ACWI against VONG, data as of Sep 12, 2026. https://etfiq.com/compare/any/ACWI-VONG Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources