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

In the year to Sep 13, 2026, with distributions reinvested, ACWI returned +19.1% and AVEM returned +31.8%, so AVEM returned more. One year is one year; the longer windows are in the table.

Which is cheaper, ACWI or AVEM?

ACWI charges 0.32% a year and AVEM charges 0.33%, so ACWI is cheaper. Fees come from each fund's prospectus.

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

By their latest filed holdings, 61% of ACWI and 0% of AVEM 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 13, 2026. Both funds on the fields they both publish, from the same sources.

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ACWI vs AVEM: how they differ

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

iShares MSCI ACWI ETF and Avantis Emerging Markets Equity ETF.

What they hold in common

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

Positions ACWI and AVEM both hold, largest shared weight first
Holding	ACWI	AVEM
ANGLOGOLD ASHANTI PLC	0.05%	0.07%
OTP BANK	0.04%	0.24%
CELESTICA	0.04%	0.03%
COMMERZBANK AG	0.03%	0.04%
FIRSTRAND LTD	0.03%	0.18%
KIMBERLY CLARK	0.03%	0.16%
KUWAIT FINANCE HOUSE	0.03%	0.09%
LARSEN AND TOUBRO LTD	0.03%	0.25%
NASPERS LIMITED CLASS N	0.03%	0.12%
POWSZECHNA KASA OSZCZEDNOSCI BANK	0.03%	0.13%
TC ENERGY	0.06%	0.03%
VODAFONE GROUP PLC	0.03%	0.04%

Largest positions each one holds and the other does not
Only in ACWI	Only in AVEM
NVIDIA 4.89%	SK hynix Inc 7.83%
APPLE 4.67%	Taiwan Semiconductor Manufacturing Co Lt 6.33%
MICROSOFT 3.38%	Samsung Electronics Co Ltd 5.70%
AMAZON.COM INC 2.38%	Taiwan Semiconductor Manufacturing Co Lt 4.11%
ALPHABET CLASS A 1.90%	Tencent Holdings Ltd 1.51%
TAIWAN SEMICONDUCTOR MANUFACTURING 1.86%	MediaTek Inc 1.11%
BROADCOM INC 1.59%	China Construction Bank Corp 0.89%
ALPHABET CLASS C 1.50%	Alibaba Group Holding Ltd 0.81%

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 May 31, 2026 and Sep 10, 2026.

ACWI and AVEM on the fields both publish, as of Sep 13, 2026. Source: ETFIQ.
	ACWI iShares MSCI ACWI ETF	AVEM Avantis Emerging Markets Equity ETF
Where it sits	Core index fund	Core index fund
Issuer	iShares	Avantis
What it is	MSCI ACWI	Emerging Markets Equity
Total return, 1 year	+19.1%	+31.8%
S&P 500 over the same days	+17.5%	+17.5%
Gap to the S&P 500	+1.6 pts	+14.3 pts
Expense ratio	0.32%	0.33%
Already in the S&P 500	61.4%	0.0%
Holdings	1630	3897

ACWI in plain words

ACWI is an index equity fund tracking the MSCI ACWI. Over the year to Sep 11, 2026 it returned +19.1% 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 Sep 10, 2026, 61% of the fund by weight is stocks the S&P 500 also holds, across 1630 positions, with the top ten at 24.6%.

AVEM in plain words

AVEM is an index equity fund tracking the Emerging Markets Equity. Over the year to Sep 11, 2026 it returned +31.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.33% a year. By its holdings filed for May 31, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 3897 positions, with the top ten at 29.9%. It sat 4.2% below its high of Jun 22, 2026 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, ACWI or AVEM?: In the year to Sep 13, 2026, with distributions reinvested, ACWI returned +19.1% and AVEM returned +31.8%, so AVEM returned more. One year is one year; the longer windows are in the table.
Which is cheaper, ACWI or AVEM?: ACWI charges 0.32% a year and AVEM charges 0.33%, so ACWI is cheaper. Fees come from each fund's prospectus.
How much do ACWI and AVEM overlap with the S&P 500?: By their latest filed holdings, 61% of ACWI and 0% of AVEM 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.

ACWI against AVEM, ETFIQ, data as of Sep 13, 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, ACWI against AVEM, data as of Sep 13, 2026. https://etfiq.com/compare/any/acwi-vs-avem Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources