Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
ACWI vs VUG: how they differ
ACWI and VUG hold 36% of their weight in the same names, and ACWI returned more over the year.
iShares MSCI ACWI ETF and Vanguard Growth Index Fund.
What they hold in common
By the books each fund has filed, ACWI and VUG hold 36% of their money in the same securities at the same weight.
| Holding | ACWI | VUG |
|---|---|---|
| NVIDIA CORPORATION | 4.89% | 12.63% |
| APPLE INC. | 4.02% | 11.67% |
| MICROSOFT CORPORATION | 2.90% | 7.62% |
| AMAZON.COM, INC. | 2.58% | 4.47% |
| ALPHABET INC. | 2.26% | 5.76% |
| BROADCOM INC. | 1.90% | 4.29% |
| ALPHABET INC. | 1.87% | 4.54% |
| META PLATFORMS, INC. | 1.34% | 3.41% |
| TESLA, INC. | 1.09% | 3.27% |
| ELI LILLY AND COMPANY | 0.76% | 2.81% |
| ADVANCED MICRO DEVICES, INC. | 0.58% | 2.62% |
| VISA INC. | 0.56% | 1.54% |
| Only in ACWI | Only in VUG |
|---|---|
| Taiwan Semiconductor Manufacturing Compa 1.73% | Sandisk Corp 0.94% |
| JPMORGAN CHASE & CO. 0.86% | Space Exploration Technologies Corp 0.29% |
| BERKSHIRE HATHAWAY INC. 0.66% | Cerebras Systems Inc 0.04% |
| EXXON MOBIL CORPORATION 0.66% | TKO Group Holdings Inc 0.04% |
| MICRON TECHNOLOGY, INC. 0.59% | Symbotic Inc 0.02% |
| WALMART INC. 0.58% | Venture Global Inc 0.02% |
| ASML Holding N.V. 0.56% | ABIOMED Inc 0.00% |
| JOHNSON & JOHNSON 0.56% |
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 | VUG Vanguard Growth Index Fund | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Vanguard |
| What it is | MSCI ACWI | US growth |
| Total return, 1 year | +19.1% | +12.9% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +1.6 pts | −4.6 pts |
| Expense ratio | 0.32% | 0.03% |
| Already in the S&P 500 | 61.4% | 97.4% |
| Holdings | 2307 | 147 |
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%.
VUG in plain words
VUG is an index equity fund tracking the US growth. Over the year to Sep 11, 2026 it returned +12.9% 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 Jun 30, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 147 positions, with the top ten at 60.5%.
Questions people ask
- Which returned more over the last year, ACWI or VUG?
- In the year to Sep 12, 2026, with distributions reinvested, ACWI returned +19.1% and VUG returned +12.9%, so ACWI returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, ACWI or VUG?
- ACWI charges 0.32% a year and VUG charges 0.03%, so VUG is cheaper. Fees come from each fund's prospectus.
- How much do ACWI and VUG overlap with the S&P 500?
- By their latest filed holdings, 61% of ACWI and 97% of VUG by weight is stocks the S&P 500 already holds. Between the two funds, 36% 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 VUG, data as of Sep 12, 2026. https://etfiq.com/compare/any/ACWI-VUG Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources