Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
ACWI vs DYNF: how they differ
ACWI and DYNF hold 47% of their weight in the same names, and DYNF returned more over the year.
iShares MSCI ACWI ETF and iShares U.S. Equity Factor Rotation Active ETF.
What they hold in common
By the books each fund has filed, ACWI and DYNF hold 47% of their money in the same securities at the same weight.
| Holding | ACWI | DYNF |
|---|---|---|
| NVIDIA | 4.89% | 8.13% |
| APPLE | 4.67% | 7.62% |
| MICROSOFT | 3.38% | 4.75% |
| AMAZON.COM INC | 2.38% | 4.09% |
| ALPHABET CLASS A | 1.90% | 2.39% |
| BROADCOM INC | 1.59% | 2.59% |
| ALPHABET CLASS C | 1.50% | 1.98% |
| META PLATFORMS CLASS A | 1.38% | 2.42% |
| MICRON TECHNOLOGY | 1.08% | 1.83% |
| TESLA INC | 1.02% | 1.52% |
| JPMORGAN CHASE & CO | 0.92% | 3.46% |
| ELI LILLY | 0.88% | 1.17% |
| Only in ACWI | Only in DYNF |
|---|---|
| TAIWAN SEMICONDUCTOR MANUFACTURING 1.86% | HOST HOTELS & RESORTS REIT 0.16% |
| SAMSUNG ELECTRONICS LTD 0.91% | USD CASH 0.13% |
| SK HYNIX 0.74% | WOODWARD 0.11% |
| ASML HOLDING 0.65% | FIVE BELOW 0.09% |
| HSBC HOLDINGS PLC 0.35% | RENAISSANCERE HOLDING 0.07% |
| TENCENT HOLDINGS 0.32% | ANGLOGOLD ASHANTI PLC 0.05% |
| ROYAL BANK OF CANADA 0.28% | HALOZYME THERAPEUTICS 0.04% |
| SHELL PLC 0.26% | HF SINCLAIR 0.04% |
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 Sep 10, 2026.
| ACWI iShares MSCI ACWI ETF | DYNF iShares U.S. Equity Factor Rotation Active ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | iShares |
| What it is | MSCI ACWI | U.S. Equity Factor Rotation Active |
| Total return, 1 year | +19.1% | +20.8% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +1.6 pts | +3.3 pts |
| Expense ratio | 0.32% | 0.26% |
| Already in the S&P 500 | 61.4% | 98.8% |
| Holdings | 1630 | 234 |
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%.
DYNF in plain words
DYNF is an index equity fund tracking the U.S. Equity Factor Rotation Active. Over the year to Sep 11, 2026 it returned +20.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.26% a year. By its holdings filed for Sep 10, 2026, 99% of the fund by weight is stocks the S&P 500 also holds, across 234 positions, with the top ten at 40.3%.
Questions people ask
- Which returned more over the last year, ACWI or DYNF?
- In the year to Sep 13, 2026, with distributions reinvested, ACWI returned +19.1% and DYNF returned +20.8%, so DYNF returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, ACWI or DYNF?
- ACWI charges 0.32% a year and DYNF charges 0.26%, so DYNF is cheaper. Fees come from each fund's prospectus.
- How much do ACWI and DYNF overlap with the S&P 500?
- By their latest filed holdings, 61% of ACWI and 99% of DYNF by weight is stocks the S&P 500 already holds. Between the two funds, 47% of their books are the same securities at the same weight.
Other comparisons
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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, ACWI against DYNF, data as of Sep 13, 2026. https://etfiq.com/compare/any/acwi-vs-dynf Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources