Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
ACWX vs GARP: how they differ
ACWX and GARP hold 0% of their weight in the same names, and GARP returned more over the year.
iShares MSCI ACWI ex U.S. ETF and iShares MSCI USA Quality GARP ETF.
What they hold in common
By the books each fund has filed, ACWX and GARP hold 0% of their money in the same securities at the same weight.
| Only in ACWX | Only in GARP |
|---|---|
| Taiwan Semiconductor Manufacturing Compa 4.69% | KLA CORP 6.46% |
| ASML Holding N.V. 1.54% | MICRON TECHNOLOGY INC 6.07% |
| SK hynix Inc. 1.33% | APPLE INC 4.44% |
| Tencent Holdings Limited 1.07% | NVIDIA CORP 4.16% |
| HSBC HOLDINGS PLC 0.86% | MICROSOFT CORP 4.10% |
| ASTRAZENECA PLC 0.81% | BROADCOM INC 3.96% |
| Alibaba Group Holding Limited 0.79% | LAM RESEARCH CORP 3.79% |
| Novartis AG 0.77% | ELI LILLY & COMPANY 3.73% |
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 | GARP iShares MSCI USA Quality GARP ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | iShares |
| What it is | MSCI ACWI ex U.S. | MSCI USA Quality GARP |
| Total return, 1 year | +23.0% | +29.5% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +5.5 pts | +12.0 pts |
| Expense ratio | 0.32% | 0.15% |
| Already in the S&P 500 | 0.0% | 94.4% |
| Holdings | 1759 | 131 |
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%.
GARP in plain words
GARP is an index equity fund tracking the MSCI USA Quality GARP. Over the year to Sep 11, 2026 it returned +29.5% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. By its holdings filed for Jun 30, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 131 positions, with the top ten at 43.8%.
Questions people ask
- Which returned more over the last year, ACWX or GARP?
- In the year to Sep 12, 2026, with distributions reinvested, ACWX returned +23.0% and GARP returned +29.5%, so GARP returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, ACWX or GARP?
- ACWX charges 0.32% a year and GARP charges 0.15%, so GARP is cheaper. Fees come from each fund's prospectus.
- How much do ACWX and GARP overlap with the S&P 500?
- By their latest filed holdings, 0% of ACWX and 94% of GARP 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.
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 GARP, data as of Sep 12, 2026. https://etfiq.com/compare/any/ACWX-GARP Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources