Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
ACWI vs IEF: how they differ
ACWI and IEF hold 0% of their weight in the same names, and ACWI returned more over the year.
iShares MSCI ACWI ETF and iShares 7-10 Year Treasury Bond ETF.
What they hold in common
By the books each fund has filed, ACWI and IEF hold 0% of their money in the same securities at the same weight.
| Only in ACWI | Only in IEF |
|---|---|
| NVIDIA 4.89% | TREASURY NOTE (2OLD) 9.35% |
| APPLE 4.67% | TREASURY NOTE (OLD) 8.64% |
| MICROSOFT 3.38% | TREASURY NOTE (OTR) 3.84% |
| AMAZON.COM INC 2.38% | TREASURY BOND 0.77% |
| ALPHABET CLASS A 1.90% | TREASURY NOTE 0.52% |
| TAIWAN SEMICONDUCTOR MANUFACTURING 1.86% | |
| BROADCOM INC 1.59% | |
| ALPHABET CLASS C 1.50% |
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 | IEF iShares 7-10 Year Treasury Bond ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | iShares |
| What it is | MSCI ACWI | 7-10 Year Treasury Bond |
| Total return, 1 year | +19.1% | −2.7% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +1.6 pts | −20.2 pts |
| Expense ratio | 0.32% | 0.15% |
| Holdings | 1630 | 15 |
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%.
IEF in plain words
IEF is a bond fund tracking the 7-10 Year Treasury Bond. Over the year to Sep 11, 2026 it returned −2.7% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. It sat 13.3% below its high of Aug 4, 2020 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, ACWI or IEF?
- In the year to Sep 13, 2026, with distributions reinvested, ACWI returned +19.1% and IEF returned −2.7%, so ACWI returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, ACWI or IEF?
- ACWI charges 0.32% a year and IEF charges 0.15%, so IEF is cheaper. Fees come from each fund's prospectus.
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 IEF, data as of Sep 13, 2026. https://etfiq.com/compare/any/acwi-vs-ief Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources