Get the weekly note

Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

ACWX vs USO: how they differ

ACWX is an equity index fund and USO a commodity fund, and over the year USO returned more, +112.2% against +23.0%.

iShares MSCI ACWI ex U.S. ETF and United States Oil Fund, LP.

ACWX and USO on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
ACWX
iShares MSCI ACWI ex U.S. ETF
USO
United States Oil Fund, LP
Where it sitsCore index fundCore index fund
IssueriSharesUnited
What it isMSCI ACWI ex U.S.Oil
Total return, 1 year+23.0%+112.2%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500+5.5 pts+94.7 pts
Expense ratio0.32%not published
Holdings1759not filed

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%.

USO in plain words

USO is a commodity fund tracking the Oil. Over the year to Sep 11, 2026 it returned +112.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. It sat 57.1% below its high of Apr 8, 2011 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, ACWX or USO?
In the year to Sep 12, 2026, with distributions reinvested, ACWX returned +23.0% and USO returned +112.2%, so USO returned more. One year is one year; the longer windows are in the table.

Other comparisons

Where to next

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.

ACWX against USO, ETFIQ, data as of Sep 12, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, ACWX against USO, data as of Sep 12, 2026. https://etfiq.com/compare/any/ACWX-USO Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources