Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
ACWX vs QQQM: how they differ
ACWX and QQQM hold 1% of their weight in the same names.
iShares MSCI ACWI ex U.S. ETF and Invesco NASDAQ 100 ETF.
What they hold in common
By the books each fund has filed, ACWX and QQQM hold 1% of their money in the same securities at the same weight.
| Holding | ACWX | QQQM |
|---|---|---|
| SHOPIFY INC. | 0.41% | 0.64% |
| PDD Holdings Inc. | 0.19% | 0.25% |
| COCA-COLA EUROPACIFIC PARTNERS PLC | 0.05% | 0.18% |
| Only in ACWX | Only in QQQM |
|---|---|
| Taiwan Semiconductor Manufacturing Compa 4.69% | NVIDIA Corp. 8.16% |
| ASML Holding N.V. 1.54% | Apple Inc. 7.29% |
| SK hynix Inc. 1.33% | Microsoft Corp. 5.32% |
| Tencent Holdings Limited 1.07% | Micron Technology, Inc. 4.80% |
| HSBC HOLDINGS PLC 0.86% | Amazon.com, Inc. 4.62% |
| ASTRAZENECA PLC 0.81% | Advanced Micro Devices, Inc. 3.70% |
| Alibaba Group Holding Limited 0.79% | Alphabet Inc. 3.52% |
| Novartis AG 0.77% | Tesla, Inc. 3.46% |
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 | QQQM Invesco NASDAQ 100 ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Invesco |
| What it is | MSCI ACWI ex U.S. | Nasdaq-100 |
| Total return, 1 year | +23.0% | +23.0% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +5.5 pts | +5.5 pts |
| Expense ratio | 0.32% | 0.15% |
| Already in the S&P 500 | 0.0% | 96.7% |
| Holdings | 1759 | 101 |
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%.
QQQM in plain words
QQQM is an index equity fund tracking the Nasdaq-100. The prospectus expense ratio is 0.15% a year. By its holdings filed for May 31, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 101 positions, with the top ten at 47.5%. It sat 4.1% below its high of Jun 2, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, ACWX or QQQM?
- In the year to Sep 12, 2026, with distributions reinvested, ACWX returned +23.0% and QQQM returned +23.0%, so QQQM returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, ACWX or QQQM?
- ACWX charges 0.32% a year and QQQM charges 0.15%, so QQQM is cheaper. Fees come from each fund's prospectus.
- How much do ACWX and QQQM overlap with the S&P 500?
- By their latest filed holdings, 0% of ACWX and 97% of QQQM by weight is stocks the S&P 500 already holds. Between the two funds, 1% 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 QQQM, data as of Sep 12, 2026. https://etfiq.com/compare/any/ACWX-QQQM Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources