Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
ACWX vs MTUM: how they differ
ACWX and MTUM 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 MSCI USA Momentum Factor ETF.
What they hold in common
By the books each fund has filed, ACWX and MTUM hold 0% of their money in the same securities at the same weight.
| Only in ACWX | Only in MTUM |
|---|---|
| Taiwan Semiconductor Manufacturing Compa 4.69% | MICRON TECHNOLOGY, INC. 5.57% |
| ASML Holding N.V. 1.54% | BROADCOM INC. 5.41% |
| SK hynix Inc. 1.33% | NVIDIA CORPORATION 4.65% |
| Tencent Holdings Limited 1.07% | ADVANCED MICRO DEVICES, INC. 4.04% |
| HSBC HOLDINGS PLC 0.86% | INTEL CORPORATION 3.84% |
| ASTRAZENECA PLC 0.81% | JOHNSON & JOHNSON 3.76% |
| Alibaba Group Holding Limited 0.79% | LAM RESEARCH CORPORATION 3.62% |
| Novartis AG 0.77% | EXXON MOBIL CORPORATION 3.44% |
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 | MTUM iShares MSCI USA Momentum Factor ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | iShares |
| What it is | MSCI ACWI ex U.S. | MSCI USA Momentum Factor |
| Total return, 1 year | +23.0% | +21.8% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +5.5 pts | +4.3 pts |
| Expense ratio | 0.32% | 0.15% |
| Already in the S&P 500 | 0.0% | 98.2% |
| Holdings | 1759 | 125 |
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%.
MTUM in plain words
MTUM is an index equity fund tracking the MSCI USA Momentum Factor. Over the year to Sep 11, 2026 it returned +21.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. By its holdings filed for Apr 30, 2026, 98% of the fund by weight is stocks the S&P 500 also holds, across 125 positions, with the top ten at 40.5%. It sat 11.1% below its high of Jun 22, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, ACWX or MTUM?
- In the year to Sep 12, 2026, with distributions reinvested, ACWX returned +23.0% and MTUM returned +21.8%, so ACWX returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, ACWX or MTUM?
- ACWX charges 0.32% a year and MTUM charges 0.15%, so MTUM is cheaper. Fees come from each fund's prospectus.
- How much do ACWX and MTUM overlap with the S&P 500?
- By their latest filed holdings, 0% of ACWX and 98% of MTUM 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 MTUM, data as of Sep 12, 2026. https://etfiq.com/compare/any/ACWX-MTUM Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources