Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
ACWX vs XLB: how they differ
ACWX and XLB hold 0% of their weight in the same names, and ACWX returned more over the year.
iShares MSCI ACWI ex U.S. ETF and State Street(R) Materials Select Sector SPDR(R) ETF.
What they hold in common
By the books each fund has filed, ACWX and XLB hold 0% of their money in the same securities at the same weight.
| Only in ACWX | Only in XLB |
|---|---|
| Taiwan Semiconductor Manufacturing Compa 4.69% | Linde PLC 14.08% |
| ASML Holding N.V. 1.54% | Newmont Corp 5.85% |
| SK hynix Inc. 1.33% | Freeport-McMoRan Inc 5.31% |
| Tencent Holdings Limited 1.07% | Corteva Inc 4.97% |
| HSBC HOLDINGS PLC 0.86% | Sherwin-Williams Co/The 4.95% |
| ASTRAZENECA PLC 0.81% | Ecolab Inc 4.73% |
| Alibaba Group Holding Limited 0.79% | Vulcan Materials Co 4.72% |
| Novartis AG 0.77% | CRH PLC 4.67% |
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 | XLB State Street(R) Materials Select Sector SPDR(R) ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | State Street |
| What it is | MSCI ACWI ex U.S. | Materials |
| Total return, 1 year | +23.0% | +12.0% |
| 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% | 0.08% |
| Already in the S&P 500 | 0.0% | 100.0% |
| Holdings | 1759 | 26 |
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%.
XLB in plain words
XLB is an index equity fund tracking the Materials. Over the year to Sep 11, 2026 it returned +12.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.08% a year. By its holdings filed for Jun 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 26 positions, with the top ten at 58.5%. It sat 5.1% below its high of Aug 26, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, ACWX or XLB?
- In the year to Sep 12, 2026, with distributions reinvested, ACWX returned +23.0% and XLB returned +12.0%, so ACWX returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, ACWX or XLB?
- ACWX charges 0.32% a year and XLB charges 0.08%, so XLB is cheaper. Fees come from each fund's prospectus.
- How much do ACWX and XLB overlap with the S&P 500?
- By their latest filed holdings, 0% of ACWX and 100% of XLB 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 XLB, data as of Sep 12, 2026. https://etfiq.com/compare/any/ACWX-XLB Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources