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

In the year to Oct 28, 2026, with distributions reinvested, ACWI returned +13.4% and FXI −19.1%.

Which is cheaper, ACWI or FXI?

ACWI is cheaper, by 0.41 percentage points a year. That is about $41 on $10,000 held for a year. Fees come from each fund's prospectus.

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

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

Data as of Oct 28, 2026.

Across categories

ACWI vs FXI: Differences, Returns & Fees

Share on X Download as PDF

Over the year to Oct 28, 2026, ACWI returned +13.4% to FXI's −19.1%; 1% of their weight is in the same names.

askIQ about this page

askIQ about ACWI and FXI

Net assets on Oct 28, 2026: $33.0bn for iShares MSCI ACWI ETF and $3.7bn for iShares China Large-Cap ETF.

ACWI on its own →FXI on its own →

At a glance

+13.4%

ACWI total return, 1 year

−19.1%

FXI total return, 1 year

0.32%

ACWI expense ratio

0.73%

FXI expense ratio

Pair scorecard

ACWI costs 0.41 points a year less; their one-year returns differ by 32.5 points; ACWI is 8.9 times larger.

ACWI vs FXI: Differences, Returns & Fees
Measure	ACWI	FXI
Return
Measure	ACWI	FXI
Total return, 1 year	+13.4%	−19.1%
Drawdown
Measure	ACWI	FXI
Below its high		32.7%, high on Feb 17, 2021
Benchmark
Measure	ACWI	FXI
What it tracks	MSCI ACWI	FTSE China 50 Index
Cost and size
Measure	ACWI	FXI
Expense ratio	0.32%	0.73%
Net assets	$33.0bn	$3.7bn
Holdings
Measure	ACWI	FXI
Holdings in common	1%
Top ten holdings, share of the fund	24.9%	58.4%

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

What they share

By the books each fund has filed, ACWI and FXI hold 1% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

50%

0 half 100%

half

1% in common

Positions both hold · largest shared weight first ACWI FXI

TENCENT HOLDINGS 0.29% 8.60%

ALIBABA GROUP HOLDING 0.20% 8.63%

CHINA CONSTRUCTION BANK CORP H 0.10% 9.81%

INDUSTRIAL AND COMMERCIAL BANK OF 0.06% 6.69%

XIAOMI 0.06% 4.86%

BANK OF CHINA LTD H 0.05% 4.76%

MEITUAN 0.04% 4.58%

NETEASE 0.04% 3.85%

PING AN INSURANCE (GROUP) CO OF CH 0.04% 3.49%

BYD H 0.03% 3.08%

JD.COM CLASS A 0.03% 2.90%

PETROCHINA H 0.03% 2.50%

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%

TAIWAN SEMICONDUCTOR MANUFACTURING 1.77%

BROADCOM INC 1.51%

ALPHABET CLASS C 1.44%

Only in FXI

GIGADEVICE SEMICONDUCTOR INC CLASS 0.13%

JIANGSU HENGRUI PHARMACEUTICALS LT 0.12%

CHINA EVERBRIGHT BANK LTD H 0.10%

MONTAGE TECHNOLOGY CLASS H 0.10%

FTSE CHINA H50 NOV 26 0.00%

Check overlap with more funds →

Side by side

ACWI iShares MSCI ACWI ETF FXI iShares China Large-Cap ETF

Where it sits Stock ETF Stock ETF

Issuer iShares iShares

What it is Tracks the MSCI ACWI Tracks an index of China Large-Cap

Total return, 1 year +13.4% −19.1%

Expense ratio 0.32% 0.73%

Already in the S&P 500 60.9% 0.0%

Holdings 2197 51

Net assets $33.0bn $3.7bn

ACWI and FXI 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%.

FXI

FXI tracks an index of China Large-Cap. Over the year to Oct 28, 2026 it returned −19.1% with distributions reinvested. The prospectus expense ratio is 0.73% a year. 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 51 positions, with the top ten at 58.4%. It sat 32.7% below its high of Feb 17, 2021 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, ACWI or FXI?: In the year to Oct 28, 2026, with distributions reinvested, ACWI returned +13.4% and FXI −19.1%.
Which is cheaper, ACWI or FXI?: ACWI is cheaper, by 0.41 percentage points a year. That is about $41 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do ACWI and FXI overlap with the S&P 500?: By their latest filed holdings, 61% of ACWI and 0% of FXI by weight is stocks the S&P 500 already holds.

Other comparisons

ACWI vs EWT ACWI vs FLKR ACWI vs SCHF ACWI vs EFA FXI vs VT FXI vs URTH FXI vs IDEV FXI vs VGK

Where to next

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

Sources and dates

ACWI and FXI filings on SEC EDGAR ↗

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

iShares page for ACWI ↗

iShares page for FXI ↗

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

Open data →

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