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Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

ACWX vs EMB: how they differ

ACWX and EMB hold 0% of their weight in the same names, and ACWX returned more over the year.

iShares MSCI ACWI ex U.S. ETF and iShares J.P. Morgan USD Emerging Markets Bond ETF.

What they hold in common

By the books each fund has filed, ACWX and EMB hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in ACWXOnly in EMB
Taiwan Semiconductor Manufacturing Compa 4.69%Argentina Republic Government Internatio 1.12%
ASML Holding N.V. 1.54%Argentina Republic Government Internatio 0.73%
SK hynix Inc. 1.33%Argentina Republic Government Internatio 0.64%
Tencent Holdings Limited 1.07%Argentina Republic Government Internatio 0.53%
HSBC HOLDINGS PLC 0.86%Uruguay Government International Bonds 0.52%
ASTRAZENECA PLC 0.81%EAGLE FUNDING LUXCO SARL 0.51%
Alibaba Group Holding Limited 0.79%Republic of Poland Government Internatio 0.40%
Novartis AG 0.77%UKRAINE GOVERNMENT 0.38%

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 and EMB on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
ACWX
iShares MSCI ACWI ex U.S. ETF
EMB
iShares J.P. Morgan USD Emerging Markets Bond ETF
Where it sitsCore index fundCore index fund
IssueriSharesiShares
What it isMSCI ACWI ex U.S.J.P. Morgan USD Emerging Markets Bond
Total return, 1 year+23.0%+2.8%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500+5.5 pts−14.7 pts
Expense ratio0.32%0.39%
Holdings1759681

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%.

EMB in plain words

EMB is a bond fund tracking the J.P. Morgan USD Emerging Markets Bond. Over the year to Sep 11, 2026 it returned +2.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.39% a year.

Questions people ask

Which returned more over the last year, ACWX or EMB?
In the year to Sep 12, 2026, with distributions reinvested, ACWX returned +23.0% and EMB returned +2.8%, so ACWX returned more. One year is one year; the longer windows are in the table.
Which is cheaper, ACWX or EMB?
ACWX charges 0.32% a year and EMB charges 0.39%, so ACWX is cheaper. Fees come from each fund's prospectus.

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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.

ACWX against EMB, ETFIQ, data as of Sep 12, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, ACWX against EMB, data as of Sep 12, 2026. https://etfiq.com/compare/any/ACWX-EMB Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources