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

In the year to Oct 28, 2026, with distributions reinvested, ACWI returned +13.4% and ACWX +14.3%.

Which is cheaper, ACWI or ACWX?

Neither: ACWI and ACWX both charge 0.32% a year. Fees come from each fund's prospectus.

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

By their latest filed holdings, 61% of ACWI and 0% of ACWX by weight is stocks the S&P 500 already holds.

Data as of Oct 28, 2026.

Across categories

ACWI vs ACWX: Differences, Returns & Fees

Share on X Download as PDF

Over the year to Oct 28, 2026, ACWI returned +13.4% to ACWX's +14.3%; 34% of their weight is in the same names.

askIQ about this page

askIQ about ACWI and ACWX

Net assets: $33.0bn on Oct 28, 2026 for iShares MSCI ACWI ETF, and $17.9bn on Oct 27, 2026 for iShares MSCI ACWI ex U.S. ETF.

ACWI on its own →ACWX on its own →

At a glance

+13.4%

ACWI total return, 1 year

+14.3%

ACWX total return, 1 year

0.32%

ACWI expense ratio

0.32%

ACWX expense ratio

Pair scorecard

Both cost 0.32% a year; their one-year returns differ by 0.9 points; ACWI is 1.9 times larger.

ACWI vs ACWX: Differences, Returns & Fees
Measure	ACWI	ACWX
Return
Measure	ACWI	ACWX
Total return, 1 year	+13.4%	+14.3%
Drawdown
Measure	ACWI	ACWX
Below its high		4.9%, high on Sep 4, 2026
Benchmark
Measure	ACWI	ACWX
What it tracks	MSCI ACWI	MSCI ACWI ex USA Index
Cost and size
Measure	ACWI	ACWX
Expense ratio	0.32%	0.32%
Net assets, as of Oct 23, 2026	$32.4bn	$17.5bn
Holdings
Measure	ACWI	ACWX
Holdings in common	34%
Top ten holdings, share of the fund	24.9%	15.6%

Holdings in common uses holdings dated Oct 27, 2026. Method

Risk and return

Apr 11, 2008 to Oct 23, 2026 · 967 weekly returns

ACWI ACWX

Return

Total return edge ACWI +343.0% +129.8%

Annualized edge ACWI +8.3% +4.6%

Price return edge ACWI +211.7% +42.8%

Risk

Volatility edge ACWI (slight) 18.5% 19.8%

Max drawdown edge ACWI (slight) −55.3% −59.4%

Risk-adjusted

Sharpe edge ACWI 0.45 0.25

Sortino edge ACWI 0.63 0.35

Calmar edge ACWI 0.15 0.08

Reading

ACWI returned more: +343.0% to +129.8%. ACWI swung slightly less: 18.5% to 19.8%. ACWI fell slightly less at its worst: −55.3% to −59.4%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: ACWI vs ACWX: Differences, Returns & Fees
Measure	ACWI	ACWX	Edge	How it is measured
Return
Total return	+343.0%	+129.8%	ACWI	Price change plus distributions, reinvested.
Annualized	+8.3%	+4.6%	ACWI	Total return as a yearly rate.
Price return	+211.7%	+42.8%	ACWI	Price change alone, distributions left out.
Risk
Volatility	18.5%	19.8%	ACWI (slight)	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	13.2%	14.4%	ACWI (slight)	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−55.3%	−59.4%	ACWI (slight)	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	0.45	0.25	ACWI	Return above Treasury bills per unit of volatility.
Sortino	0.63	0.35	ACWI	Return above Treasury bills per unit of downside deviation.
Calmar	0.15	0.08	ACWI	Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 967 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

34%

By the books each fund has filed, ACWI and ACWX hold 34% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

50%

0 half 100%

half

34% in common

Positions both hold · largest shared weight first ACWI ACWX

TAIWAN SEMICONDUCTOR MANUFACTURING 1.77% 5.07%

SAMSUNG ELECTRONICS LTD 0.76% 2.19%

ASML HOLDING 0.62% 1.77%

SK HYNIX 0.55% 1.56%

ROCHE PS PAR AG 0.33% 0.95%

SHELL 0.30% 0.84%

HSBC HOLDINGS PLC 0.29% 0.81%

TENCENT HOLDINGS 0.29% 0.85%

NOVARTIS AG 0.28% 0.80%

ROYAL BANK OF CANADA 0.27% 0.79%

ASTRAZENECA PLC 0.25% 0.72%

NESTLE SA 0.25% 0.72%

Only in one fund ↓

Only in ACWI

APPLE 4.97%

NVIDIA 4.89%

MICROSOFT 3.66%

AMAZON.COM INC 2.39%

ALPHABET CLASS A 1.83%

BROADCOM INC 1.51%

ALPHABET CLASS C 1.44%

META PLATFORMS CLASS A 1.33%

Only in ACWX

GRUPO CIBEST SA 0.02%

ALUMINUM CORPORATION OF CHINA LTD 0.01%

BANK OF CHINA LTD A 0.01%

BUMRUNGRAD HOSPITAL NON-VOTING DR 0.01%

IOI CORPORATION 0.01%

JARIR MARKETING 0.01%

KASIKORNBANK PUBLIC NON-VOTING DR 0.01%

KRUNG THAI BANK PUBLIC NON-VOTING 0.01%

Check overlap with more funds →

Side by side

ACWI iShares MSCI ACWI ETF ACWX iShares MSCI ACWI ex U.S. ETF

Where it sits Stock ETF Stock ETF

Issuer iShares iShares

What it is Tracks the MSCI ACWI Tracks the MSCI ACWI ex U.S.

Total return, 1 year +13.4% +14.3%

Expense ratio 0.32% 0.32%

Already in the S&P 500 60.9% 0.0%

Holdings 2197 1939

Net assets, ACWI as of Oct 28, 2026 and ACWX as of Oct 27, 2026 $33.0bn $17.9bn

ACWI and ACWX on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-BEFBA6DBB7

ACWI and ACWX do different jobs. What does each one do in a portfolio?

What each follows. ACWI follows MSCI ACWI and ACWX follows MSCI ACWI ex USA Index.
Holdings in common. 34% of the weight is in the same securities (holdings dated Oct 27, 2026).
One-year total return (similar). Over 1 year to Oct 28, 2026 ACWI returned +13.4% and ACWX +14.3% with distributions reinvested, a gap of 0.9 points.

Data as of Oct 28, 2026.

Free. It needs an email sign-in, once.

Your saved page · Privacy.

Alert

About each fund

ACWI

ACWI tracks the MSCI ACWI. Over the year to Oct 28, 2026 it returned +13.4% with distributions reinvested. The prospectus expense ratio is 0.32% a year. By its holdings published by its issuer for Oct 27, 2026, 61% of the fund by weight is stocks the S&P 500 also holds, across 2,197 positions, with the top ten at 24.9%.

ACWX

ACWX tracks the MSCI ACWI ex U.S.. Over the year to Oct 28, 2026 it returned +14.3% with distributions reinvested. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 1,939 positions, with the top ten at 15.6%. It sat 4.9% below its high of Sep 4, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, ACWI or ACWX?: In the year to Oct 28, 2026, with distributions reinvested, ACWI returned +13.4% and ACWX +14.3%.
Which is cheaper, ACWI or ACWX?: Neither: ACWI and ACWX both charge 0.32% a year. Fees come from each fund's prospectus.
How much do ACWI and ACWX overlap with the S&P 500?: By their latest filed holdings, 61% of ACWI and 0% of ACWX by weight is stocks the S&P 500 already holds.

Other comparisons

ACWI vs FENI ACWI vs IDEV ACWI vs IXUS ACWI vs VEU ACWX vs VT ACWX vs URTH ACWX vs IDEV ACWX vs VGK

Where to next

ACWI on its own →ACWX on its own →Hold both: look the portfolio through →Rankings →ACWI dividend history →ACWI holdings →ACWX dividend history →ACWX holdings →Standards and sources →

Sources and dates

ACWI and ACWX filings on SEC EDGAR ↗

ACWI and ACWX prospectus with the expense ratio (SEC) ↗

iShares page for ACWI ↗

iShares page for ACWX ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, ACWI against ACWX, data as of Oct 28, 2026. https://etfiq.com/compare/any/acwi-vs-acwx

Open data →

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.