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Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

ACWI vs HYG: how they differ

ACWI and HYG hold 0% of their weight in the same names, and ACWI returned more over the year.

iShares MSCI ACWI ETF and iShares iBoxx $ High Yield Corporate Bond ETF.

What they hold in common

By the books each fund has filed, ACWI and HYG hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in ACWIOnly in HYG
NVIDIA 4.89%BLK CSH FND TREASURY SL AGENCY 0.68%
APPLE 4.67%1261229 BC LTD 144A 0.56%
MICROSOFT 3.38%MERIDIAN ARC HOLDCO LLC 144A 0.47%
AMAZON.COM INC 2.38%PR RNO PROPERTY OWNER 1 LLC 144A 0.35%
ALPHABET CLASS A 1.90%WULF COMPUTE LLC 144A 0.29%
TAIWAN SEMICONDUCTOR MANUFACTURING 1.86%GALAXY HELIOS DATA CENTERS II LLC 144A 0.28%
BROADCOM INC 1.59%PANTHER ESCROW ISSUER LLC 144A 0.28%
ALPHABET CLASS C 1.50%SV RNO PROPERTY OWNER 1 LLC 144A 0.28%

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 and HYG on the fields both publish, as of Sep 13, 2026. Source: ETFIQ.
ACWI
iShares MSCI ACWI ETF
HYG
iShares iBoxx $ High Yield Corporate Bond ETF
Where it sitsCore index fundCore index fund
IssueriSharesiShares
What it isMSCI ACWIUS high yield bonds
Total return, 1 year+19.1%+2.9%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500+1.6 pts−14.6 pts
Expense ratio0.32%0.49%
Holdings16301326

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%.

HYG in plain words

HYG is a bond fund tracking the US high yield bonds. Over the year to Sep 11, 2026 it returned +2.9% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.49% a year.

Questions people ask

Which returned more over the last year, ACWI or HYG?
In the year to Sep 13, 2026, with distributions reinvested, ACWI returned +19.1% and HYG returned +2.9%, so ACWI returned more. One year is one year; the longer windows are in the table.
Which is cheaper, ACWI or HYG?
ACWI charges 0.32% a year and HYG charges 0.49%, so ACWI is cheaper. Fees come from each fund's prospectus.

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

A comparison is not a recommendation. Standards and sources