Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
ACWX vs FENI: how they differ
ACWX and FENI hold 8% of their weight in the same names, and ACWX returned more over the year.
iShares MSCI ACWI ex U.S. ETF and Fidelity Enhanced International ETF.
What they hold in common
By the books each fund has filed, ACWX and FENI hold 8% of their money in the same securities at the same weight.
| Holding | ACWX | FENI |
|---|---|---|
| HSBC HOLDINGS PLC | 0.86% | 1.33% |
| ASTRAZENECA PLC | 0.81% | 0.82% |
| SHELL PLC | 0.71% | 1.00% |
| TOTALENERGIES SE | 0.51% | 0.65% |
| ROLLS-ROYCE HOLDINGS PLC | 0.37% | 1.09% |
| SAFRAN SA | 0.31% | 0.57% |
| INTESA SANPAOLO SPA | 0.26% | 0.95% |
| SAP SE | 0.48% | 0.24% |
| NATIONAL GRID PLC | 0.24% | 0.30% |
| GSK PLC | 0.29% | 0.24% |
| BAE SYSTEMS PLC | 0.23% | 0.51% |
| DBS GROUP HOLDINGS LTD | 0.23% | 0.22% |
| Only in ACWX | Only in FENI |
|---|---|
| Taiwan Semiconductor Manufacturing Compa 4.69% | ASML HOLDING NV 4.11% |
| ASML Holding N.V. 1.54% | NESTLE SA 1.77% |
| SK hynix Inc. 1.33% | SIEMENS AG 1.63% |
| Tencent Holdings Limited 1.07% | TOKYO ELECTRON LTD 1.46% |
| Alibaba Group Holding Limited 0.79% | ABB LTD 1.34% |
| Novartis AG 0.77% | IBERDROLA SA 1.23% |
| Nestle S.A. 0.72% | BANCO BILBAO VIZCAYA ARGENTARIA S.A 1.22% |
| ROYAL BANK OF CANADA 0.69% | UBS GROUP AG 1.22% |
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.
| ACWX iShares MSCI ACWI ex U.S. ETF | FENI Fidelity Enhanced International ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Fidelity |
| What it is | MSCI ACWI ex U.S. | Enhanced International |
| Total return, 1 year | +23.0% | +19.4% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +5.5 pts | +1.9 pts |
| Expense ratio | 0.32% | 0.28% |
| Already in the S&P 500 | 0.0% | 0.0% |
| Holdings | 1759 | 392 |
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%.
FENI in plain words
FENI is an index equity fund tracking the Enhanced International. Over the year to Sep 11, 2026 it returned +19.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.28% a year. By its holdings filed for Jun 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 392 positions, with the top ten at 16.7%.
Questions people ask
- Which returned more over the last year, ACWX or FENI?
- In the year to Sep 12, 2026, with distributions reinvested, ACWX returned +23.0% and FENI returned +19.4%, so ACWX returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, ACWX or FENI?
- ACWX charges 0.32% a year and FENI charges 0.28%, so FENI is cheaper. Fees come from each fund's prospectus.
- How much do ACWX and FENI overlap with the S&P 500?
- By their latest filed holdings, 0% of ACWX and 0% of FENI by weight is stocks the S&P 500 already holds. Between the two funds, 8% 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, ACWX against FENI, data as of Sep 12, 2026. https://etfiq.com/compare/any/ACWX-FENI Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources