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

In the year to Oct 28, 2026, with distributions reinvested, ACWI returned +13.4% and HYG +1.3%.

Which is cheaper, ACWI or HYG?

ACWI 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.

Data as of Oct 28, 2026.

Across categories

ACWI vs HYG: Differences, Returns & Fees

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Over the year to Oct 28, 2026, ACWI returned +13.4% to HYG's +1.3%; 0% 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 $17.5bn on Oct 27, 2026 for iShares iBoxx $ High Yield Corporate Bond ETF.

ACWI on its own →HYG on its own →

At a glance

+13.4%

ACWI total return, 1 year

+1.3%

HYG total return, 1 year

0.32%

ACWI expense ratio

0.49%

HYG expense ratio

Pair scorecard

ACWI costs 0.17 points a year less; their one-year returns differ by 12.1 points; ACWI is 2.0 times larger.

ACWI vs HYG: Differences, Returns & Fees
Measure	ACWI	HYG
Return
Measure	ACWI	HYG
Total return, 1 year	+13.4%	+1.3%
Benchmark
Measure	ACWI	HYG
What it tracks	MSCI ACWI	Markit iBoxx USD Liquid High Yield Index
Cost and size
Measure	ACWI	HYG
Expense ratio	0.32%	0.49%
Net assets, as of Oct 23, 2026	$32.4bn	$16.6bn
Holdings
Measure	ACWI	HYG
Holdings in common	0%
In the S&P 500, by weight	61%
Top ten holdings, share of the fund	24.9%

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

What they share

By the books each fund has filed, ACWI and HYG hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first ACWI HYG

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 HYG

1261229 BC LTD 144A 0.56%

MERIDIAN ARC HOLDCO LLC 144A 0.44%

ECHOSTAR CORP 0.40%

QUIKRETE HOLDINGS INC 144A 0.35%

PR RNO PROPERTY OWNER 1 LLC 144A 0.34%

CLOUD SOFTWARE GROUP LLC 144A 0.32%

SOFTBANK GROUP CORP 144A 0.32%

CENTENE CORPORATION 0.31%

Check overlap with more funds →

Side by side

ACWI iShares MSCI ACWI ETF HYG iShares iBoxx $ High Yield Corporate Bond ETF

Where it sits Stock ETF Bond ETF

Issuer iShares iShares

What it is Tracks the MSCI ACWI Tracks an index of US high yield bonds

Total return, 1 year +13.4% +1.3%

Its benchmark over the same days not measured −1.2% (IUSB)

Gap to its benchmark not measured +2.5 pts vs IUSB

Expense ratio 0.32% 0.49%

Holdings 2197 1332

Net assets, ACWI as of Oct 28, 2026 and HYG as of Oct 27, 2026 $33.0bn $17.5bn

ACWI and HYG 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%.

HYG

HYG tracks an index of US high yield bonds. Over the year to Oct 28, 2026 it returned +1.3% with distributions reinvested, against −1.2% for its benchmark, the Bloomberg U.S. Universal Index. 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 Oct 28, 2026, with distributions reinvested, ACWI returned +13.4% and HYG +1.3%.
Which is cheaper, ACWI or HYG?: ACWI 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.

Other comparisons

ACWI vs USHY ACWI vs JNK ACWI vs VTIP ACWI vs EMB HYG vs VT HYG vs URTH HYG vs IDEV HYG vs VGK

Where to next

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

Sources and dates

ACWI and HYG filings on SEC EDGAR ↗

ACWI prospectus with the expense ratio (SEC) ↗

iShares page for ACWI ↗

HYG prospectus with the expense ratio (SEC) ↗

iShares page for HYG ↗

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

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