Data as of Oct 28, 2026.
ACWI vs FDVV: Differences, Returns & Fees
Over the year to Oct 28, 2026, ACWI returned +13.4% to FDVV's +13.5%; 24% of their weight is in the same names.
askIQ about this page
askIQ about ACWI and FDVV
Net assets: $33.0bn on Oct 28, 2026 for iShares MSCI ACWI ETF, and $10.2bn on Sep 30, 2026 for Fidelity High Dividend ETF.
Pair scorecard
FDVV costs 0.17 points a year less; their one-year returns differ by 0.1 points; ACWI is 3.2 times larger.
| Measure | ACWI | FDVV |
|---|---|---|
| Return | ||
| Total return, 1 year | +13.4% | +13.5% |
| Benchmark | ||
| What it tracks | MSCI ACWI | Fidelity High Dividend Index |
| Cost and size | ||
| Expense ratio | 0.32% | 0.15% |
| Net assets, as of Sep 30, 2026 | $32.8bn | $10.2bn |
| Holdings | ||
| Holdings in common | 24% | |
| Top ten holdings, share of the fund | 24.9% | 33.8% |
Holdings in common uses holdings dated Jul 31, 2026 and Oct 27, 2026. Method
Risk and return
Sep 23, 2016 to Oct 23, 2026 · 526 weekly returnsFDVV returned more: +247.7% to +219.1%. ACWI swung slightly less: 16.3% to 16.9%. ACWI fell less at its worst: −32.1% to −37.4%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | ACWI | FDVV | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +219.1% | +247.7% | FDVV | Price change plus distributions, reinvested. |
| Annualized | +12.2% | +13.1% | FDVV (slight) | Total return as a yearly rate. |
| Price return | +165.2% | +143.5% | ACWI | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 16.3% | 16.9% | ACWI (slight) | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 11.4% | 12.1% | ACWI (slight) | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −32.1% | −37.4% | ACWI | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 0.63 | 0.67 | FDVV (slight) | Return above Treasury bills per unit of volatility. |
| Sortino | 0.90 | 0.93 | FDVV (slight) | Return above Treasury bills per unit of downside deviation. |
| Calmar | 0.38 | 0.35 | ACWI (slight) | Annualized return divided by the max drawdown. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 526 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, ACWI and FDVV hold 24% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Oct 27, 2026.
half
24% in common
Only in one fund ↓
Side by side
ACWI and FDVV on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
ACWI and FDVV do different jobs. What does each one do in a portfolio?
- What each follows. ACWI follows MSCI ACWI and FDVV follows Fidelity High Dividend Index.
- Holdings in common. 24% of the weight is in the same securities (holdings dated Oct 27, 2026 and Jul 31, 2026).
- Number of holdings. ACWI holds 2,197 positions and FDVV holds 95.
Data as of Oct 28, 2026.
The two-page PDF for this pair is coming. Save the comparison to follow its changes. Free. It needs an email sign-in, once.
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%.
FDVV
FDVV tracks an index of High Dividend. Over the year to Oct 28, 2026 it returned +13.5% with distributions reinvested. The prospectus expense ratio is 0.15% a year. By its holdings filed for Jul 31, 2026, 87% of the fund by weight is stocks the S&P 500 also holds, across 95 positions, with the top ten at 33.8%.
Questions people ask
- Which returned more over the last year, ACWI or FDVV?
- In the year to Oct 28, 2026, with distributions reinvested, ACWI returned +13.4% and FDVV +13.5%.
- Which is cheaper, ACWI or FDVV?
- FDVV is cheaper, by 0.17 percentage points a year. That is about $17 on $10,000 held for a year. Fees come from each fund's prospectus.
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 FDVV, data as of Oct 28, 2026. https://etfiq.com/compare/any/acwi-vs-fdvv
ETFIQ. (Oct 28, 2026). ACWI against FDVV. Retrieved from https://etfiq.com/compare/any/acwi-vs-fdvv
[ACWI against FDVV (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/acwi-vs-fdvv)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.