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

In the year to Oct 28, 2026, with distributions reinvested, ACWI returned +13.4% and CGBL +7.1%.

Which is cheaper, ACWI or CGBL?

ACWI is cheaper, by 0.01 percentage points a year. That is about $1 on $10,000 held for a year. Fees come from each fund's prospectus.

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

By their latest filed holdings, 61% of ACWI and 48% of CGBL by weight is stocks the S&P 500 already holds.

Data as of Oct 28, 2026.

Across categories

ACWI vs CGBL: Differences, Returns & Fees

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Over the year to Oct 28, 2026, ACWI returned +13.4% to CGBL's +7.1%; 23% of their weight is in the same names.

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Net assets: $33.0bn on Oct 28, 2026 for iShares MSCI ACWI ETF, and $7.9bn on Oct 27, 2026 for Capital Group Core Balanced ETF.

ACWI on its own →CGBL on its own →

At a glance

+13.4%

ACWI total return, 1 year

+7.1%

CGBL total return, 1 year

0.32%

ACWI expense ratio

0.33%

CGBL expense ratio

Pair scorecard

ACWI costs 0.01 points a year less; their one-year returns differ by 6.3 points; ACWI is 4.1 times larger.

ACWI vs CGBL: Differences, Returns & Fees
Measure	ACWI	CGBL
Return
Measure	ACWI	CGBL
Total return, 1 year	+13.4%	+7.1%
Drawdown
Measure	ACWI	CGBL
Below its high		3.4%, high on Aug 13, 2026
Benchmark
Measure	ACWI	CGBL
What it tracks	MSCI ACWI	No index, actively managed
Cost and size
Measure	ACWI	CGBL
Expense ratio	0.32%	0.33%
Net assets, as of Oct 26, 2026	$32.6bn	$7.9bn
Holdings
Measure	ACWI	CGBL
Holdings in common	23%
Top ten holdings, share of the fund	24.9%	59.3%

Holdings in common uses holdings dated Jun 30, 2026 and Oct 27, 2026. Method

What they share

23%

By the books each fund has filed, ACWI and CGBL hold 23% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Oct 27, 2026.

50%

0 half 100%

half

23% in common

Positions both hold · largest shared weight first ACWI CGBL

APPLE 4.97% 2.01%

MICROSOFT 3.66% 1.97%

ALPHABET CLASS A 1.83% 2.79%

TAIWAN SEMICONDUCTOR MANUFACTURING 1.77% 3.49%

BROADCOM INC 1.51% 4.58%

NVIDIA 4.89% 1.20%

META PLATFORMS CLASS A 1.33% 1.10%

MICRON TECHNOLOGY 1.02% 2.23%

AMAZON.COM INC 2.39% 0.81%

ELI LILLY 1.00% 0.73%

VISA CLASS A 0.65% 0.92%

ASML HOLDING 0.62% 0.62%

Only in one fund ↓

Only in ACWI

ALPHABET CLASS C 1.44%

TESLA INC 1.14%

ADVANCED MICRO DEVICES 0.89%

SAMSUNG ELECTRONICS LTD 0.76%

BERKSHIRE HATHAWAY INC CLASS B 0.75%

EXXONMOBIL HOLDINGS CORP 0.73%

JOHNSON & JOHNSON 0.63%

SK HYNIX 0.55%

Only in CGBL

Capital Group Core Plus Income ETF 23.27%

Capital Group Core Bond ETF 15.64%

Royal Gold Inc 0.96%

Capital Group Central Cash Fund 0.85%

Royal Caribbean Cruises Ltd 0.55%

General Electric Co 0.52%

DR Horton Inc 0.48%

Ingersoll Rand Inc 0.48%

Check overlap with more funds →

Side by side

ACWI iShares MSCI ACWI ETF CGBL Capital Group Core Balanced ETF

Where it sits Stock ETF Allocation ETF

Issuer iShares Capital Group

What it is Tracks the MSCI ACWI Actively managed

Total return, 1 year +13.4% +7.1%

Its benchmark over the same days not measured +7.5% (VOO and AGG)

Gap to its benchmark not measured −0.4 pts vs VOO and AGG

Expense ratio 0.32% 0.33%

Already in the S&P 500 60.9% 48.1%

Holdings 2197 77

Net assets, ACWI as of Oct 28, 2026 and CGBL as of Oct 27, 2026 $33.0bn $7.9bn

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

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%.

CGBL

Over the year to Oct 28, 2026 it returned +7.1% with distributions reinvested, against +7.5% for its benchmark, the 60%/40% S&P 500 Index/Bloomberg U.S. Aggregate Index.

CGBL is actively managed and tracks no index. The prospectus expense ratio is 0.33% a year. By its holdings filed for Jun 30, 2026, 48% of the fund by weight is stocks the S&P 500 also holds, across 77 positions, with the top ten at 59.3%. It sat 3.4% below its high of Aug 13, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, ACWI or CGBL?: In the year to Oct 28, 2026, with distributions reinvested, ACWI returned +13.4% and CGBL +7.1%.
Which is cheaper, ACWI or CGBL?: ACWI is cheaper, by 0.01 percentage points a year. That is about $1 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do ACWI and CGBL overlap with the S&P 500?: By their latest filed holdings, 61% of ACWI and 48% of CGBL by weight is stocks the S&P 500 already holds.

Other comparisons

ACWI vs AOR ACWI vs PDBC ACWI vs XLRE ACWI vs XLB CGBL vs VT CGBL vs URTH CGBL vs IDEV CGBL vs VGK

Where to next

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

Sources and dates

ACWI filings on SEC EDGAR ↗

ACWI prospectus with the expense ratio (SEC) ↗

iShares page for ACWI ↗

CGBL filings on SEC EDGAR ↗

CGBL prospectus with the expense ratio (SEC) ↗

Capital Group page for CGBL ↗

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 CGBL, data as of Oct 28, 2026. https://etfiq.com/compare/any/acwi-vs-cgbl

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