Which returned more over the last year, ACWX or VWO?

In the year to Sep 12, 2026, with distributions reinvested, ACWX returned +23.0% and VWO returned +15.6%, so ACWX returned more. One year is one year; the longer windows are in the table.

Which is cheaper, ACWX or VWO?

ACWX charges 0.32% a year and VWO charges 0.06%, so VWO is cheaper. Fees come from each fund's prospectus.

How much do ACWX and VWO overlap with the S&P 500?

By their latest filed holdings, 0% of ACWX and 0% of VWO 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.

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 VWO: how they differ

ACWX and VWO hold 1% of their weight in the same names, and ACWX returned more over the year.

iShares MSCI ACWI ex U.S. ETF and Vanguard Emerging Markets Stock Index Fund.

What they hold in common

By the books each fund has filed, ACWX and VWO hold 1% of their money in the same securities at the same weight.

Positions ACWX and VWO both hold, largest shared weight first
Holding	ACWX	VWO
America Movil, S.A.B. de C.V.	0.06%	0.18%
Global Unichip Corp	0.04%	0.10%
Piraeus Bank SA	0.03%	0.09%
State Bank of India	0.06%	0.03%
Abu Dhabi Islamic Bank PJSC	0.02%	0.08%
Zhongji Innolight Co Ltd	0.02%	0.03%
eMemory Technology Inc	0.02%	0.07%
Banco de Chile	0.02%	0.07%
Divi's Laboratories Ltd	0.02%	0.08%
SASOL LIMITED	0.02%	0.08%
Vibra Energia S.A.	0.02%	0.07%
Hygon Information Technology Co Ltd	0.02%	0.02%

Largest positions each one holds and the other does not
Only in ACWX	Only in VWO
Taiwan Semiconductor Manufacturing Compa 4.69%	Taiwan Semiconductor Manufacturing Co Lt 14.73%
ASML Holding N.V. 1.54%	Tencent Holdings Ltd 3.28%
SK hynix Inc. 1.33%	Alibaba Group Holding Ltd 2.57%
Tencent Holdings Limited 1.07%	Delta Electronics Inc 1.18%
HSBC HOLDINGS PLC 0.86%	MediaTek Inc 1.07%
ASTRAZENECA PLC 0.81%	Reliance Industries Ltd 0.90%
Alibaba Group Holding Limited 0.79%	HDFC Bank Ltd 0.81%
Novartis AG 0.77%	Hon Hai Precision Industry Co Ltd 0.75%

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 and VWO on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
	ACWX iShares MSCI ACWI ex U.S. ETF	VWO Vanguard Emerging Markets Stock Index Fund
Where it sits	Core index fund	Core index fund
Issuer	iShares	Vanguard
What it is	MSCI ACWI ex U.S.	Emerging markets
Total return, 1 year	+23.0%	+15.6%
S&P 500 over the same days	+17.5%	+17.5%
Gap to the S&P 500	+5.5 pts	−1.9 pts
Expense ratio	0.32%	0.06%
Already in the S&P 500	0.0%	0.0%
Holdings	1759	6355

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%.

VWO in plain words

VWO is an index equity fund tracking the Emerging markets. Over the year to Sep 11, 2026 it returned +15.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.06% 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 6355 positions, with the top ten at 26.8%.

Questions people ask

Which returned more over the last year, ACWX or VWO?: In the year to Sep 12, 2026, with distributions reinvested, ACWX returned +23.0% and VWO returned +15.6%, so ACWX returned more. One year is one year; the longer windows are in the table.
Which is cheaper, ACWX or VWO?: ACWX charges 0.32% a year and VWO charges 0.06%, so VWO is cheaper. Fees come from each fund's prospectus.
How much do ACWX and VWO overlap with the S&P 500?: By their latest filed holdings, 0% of ACWX and 0% of VWO 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.

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

A comparison is not a recommendation. Standards and sources