Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
ACWX vs FNDX: how they differ
ACWX and FNDX hold 0% of their weight in the same names, and FNDX returned more over the year.
iShares MSCI ACWI ex U.S. ETF and Schwab Fundamental U.S. Large Company ETF.
What they hold in common
By the books each fund has filed, ACWX and FNDX hold 0% of their money in the same securities at the same weight.
| Only in ACWX | Only in FNDX |
|---|---|
| Taiwan Semiconductor Manufacturing Compa 4.69% | Apple Inc 4.64% |
| ASML Holding N.V. 1.54% | Intel Corp 2.57% |
| SK hynix Inc. 1.33% | Alphabet Inc 2.38% |
| Tencent Holdings Limited 1.07% | Microsoft Corp 2.33% |
| HSBC HOLDINGS PLC 0.86% | Exxon Mobil Corp 2.29% |
| ASTRAZENECA PLC 0.81% | Alphabet Inc 1.90% |
| Alibaba Group Holding Limited 0.79% | Amazon.com Inc 1.86% |
| Novartis AG 0.77% | Micron Technology Inc 1.60% |
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.
| ACWX iShares MSCI ACWI ex U.S. ETF | FNDX Schwab Fundamental U.S. Large Company ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Schwab |
| What it is | MSCI ACWI ex U.S. | Fundamental U.S. Large Company |
| Total return, 1 year | +23.0% | +26.1% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +5.5 pts | +8.6 pts |
| Expense ratio | 0.32% | 0.25% |
| Already in the S&P 500 | 0.0% | 91.2% |
| Holdings | 1759 | 733 |
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%.
FNDX in plain words
FNDX is an index equity fund tracking the Fundamental U.S. Large Company. Over the year to Sep 11, 2026 it returned +26.1% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.25% a year. By its holdings filed for May 31, 2026, 91% of the fund by weight is stocks the S&P 500 also holds, across 733 positions, with the top ten at 22.5%.
Questions people ask
- Which returned more over the last year, ACWX or FNDX?
- In the year to Sep 12, 2026, with distributions reinvested, ACWX returned +23.0% and FNDX returned +26.1%, so FNDX returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, ACWX or FNDX?
- ACWX charges 0.32% a year and FNDX charges 0.25%, so FNDX is cheaper. Fees come from each fund's prospectus.
- How much do ACWX and FNDX overlap with the S&P 500?
- By their latest filed holdings, 0% of ACWX and 91% of FNDX by weight is stocks the S&P 500 already holds. Between the two funds, 0% 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, ACWX against FNDX, data as of Sep 12, 2026. https://etfiq.com/compare/any/ACWX-FNDX Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources