Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
ACWX vs EFA: how they differ
ACWX and EFA hold 58% of their weight in the same names, and ACWX returned more over the year.
iShares MSCI ACWI ex U.S. ETF and iShares MSCI EAFE ETF.
What they hold in common
By the books each fund has filed, ACWX and EFA hold 58% of their money in the same securities at the same weight.
| Holding | ACWX | EFA |
|---|---|---|
| ASML Holding N.V. | 1.54% | 2.60% |
| HSBC HOLDINGS PLC | 0.86% | 1.47% |
| ASTRAZENECA PLC | 0.81% | 1.36% |
| Novartis AG | 0.77% | 1.30% |
| Nestle S.A. | 0.72% | 1.21% |
| SHELL PLC | 0.71% | 1.20% |
| Siemens Aktiengesellschaft | 0.62% | 1.05% |
| COMMONWEALTH BANK OF AUSTRALIA | 0.58% | 0.98% |
| Mitsubishi UFJ Financial Group, Inc. | 0.57% | 0.94% |
| BHP GROUP LIMITED | 0.55% | 0.93% |
| TOYOTA MOTOR CORPORATION | 0.51% | 0.84% |
| TOTALENERGIES SE | 0.51% | 0.86% |
| Only in ACWX | Only in EFA |
|---|---|
| Taiwan Semiconductor Manufacturing Compa 4.69% | VERISURE P.L.C. 0.01% |
| SK hynix Inc. 1.33% | |
| Tencent Holdings Limited 1.07% | |
| Alibaba Group Holding Limited 0.79% | |
| ROYAL BANK OF CANADA 0.69% | |
| THE TORONTO-DOMINION BANK 0.50% | |
| SHOPIFY INC. 0.41% | |
| DELTA ELECTRONICS, INC. 0.37% |
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.
| ACWX iShares MSCI ACWI ex U.S. ETF | EFA iShares MSCI EAFE ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | iShares |
| What it is | MSCI ACWI ex U.S. | Developed markets ex US |
| Total return, 1 year | +23.0% | +18.2% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +5.5 pts | +0.7 pts |
| Expense ratio | 0.32% | 0.32% |
| Already in the S&P 500 | 0.0% | 0.0% |
| Holdings | 1759 | 705 |
ACWX in plain words
ACWX is an index equity fund tracking the MSCI ACWI ex U.S.. Over the year to Sep 11, 2026 it returned +23.0% 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, 0% of the fund by weight is stocks the S&P 500 also holds, across 1759 positions, with the top ten at 14.6%.
EFA in plain words
EFA is an index equity fund tracking the Developed markets ex US. Over the year to Sep 11, 2026 it returned +18.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. By its holdings filed for Apr 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 705 positions, with the top ten at 13.4%.
Questions people ask
- Which returned more over the last year, ACWX or EFA?
- In the year to Sep 12, 2026, with distributions reinvested, ACWX returned +23.0% and EFA returned +18.2%, so ACWX returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, ACWX or EFA?
- ACWX charges 0.32% a year and EFA charges 0.32%, so ACWX is cheaper. Fees come from each fund's prospectus.
- How much do ACWX and EFA overlap with the S&P 500?
- By their latest filed holdings, 0% of ACWX and 0% of EFA by weight is stocks the S&P 500 already holds. Between the two funds, 58% of their books are the same securities at the same weight.
Other comparisons
Where to next
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, ACWX against EFA, data as of Sep 12, 2026. https://etfiq.com/compare/any/ACWX-EFA Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources