Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
ACWI vs ILF: how they differ
ACWI and ILF hold 0% of their weight in the same names, and ILF returned more over the year.
iShares MSCI ACWI ETF and iShares Latin America 40 ETF.
What they hold in common
By the books each fund has filed, ACWI and ILF hold 0% of their money in the same securities at the same weight.
| Holding | ACWI | ILF |
|---|---|---|
| BLK CSH FND TREASURY SL AGENCY | 0.10% | 0.31% |
| NU HOLDINGS CLASS A | 0.05% | 8.61% |
| GRUPO MEXICO B | 0.04% | 6.02% |
| GPO FINANCE BANORTE | 0.03% | 4.24% |
| AMERICA MOVIL B | 0.02% | 3.08% |
| AXIA ENERGIA SA | 0.02% | 1.83% |
| B3 BRASIL BOLSA BALCAO SA | 0.02% | 2.62% |
| CEMEX CPO | 0.02% | 2.41% |
| CREDICORP LTD | 0.02% | 3.85% |
| FOMENTO ECONOMICO MEXICANO | 0.02% | 2.93% |
| ITAUSA INVESTIMENTOS ITAU PREF SA | 0.02% | 2.42% |
| SOUTHERN COPPER CORP | 0.02% | 2.45% |
| Only in ACWI | Only in ILF |
|---|---|
| NVIDIA 4.89% | VALE ADR REPRESENTING ONE 8.00% |
| APPLE 4.67% | ITAU UNIBANCO HOLDING ADR REP PRE 6.71% |
| MICROSOFT 3.38% | PETROLEO BRASILEIRO ADR REPTG PRE 6.33% |
| AMAZON.COM INC 2.38% | PETROLEO BRASILEIRO ADR REPTG SA 5.94% |
| ALPHABET CLASS A 1.90% | BANCO BRADESCO ADR REPTG PREF 2.83% |
| TAIWAN SEMICONDUCTOR MANUFACTURING 1.86% | AMBEV ADR REPRESENTING ONE SA 1.93% |
| BROADCOM INC 1.59% | GRUPO CIBEST AMERICAN DEPOSITARY S 1.69% |
| ALPHABET CLASS C 1.50% | SOCIEDAD QUIMICA Y MINERA DE CHILE 1.55% |
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 | ILF iShares Latin America 40 ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | iShares |
| What it is | MSCI ACWI | Latin America 40 |
| Total return, 1 year | +19.1% | +33.4% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +1.6 pts | +15.9 pts |
| Expense ratio | 0.32% | 0.47% |
| Already in the S&P 500 | 61.4% | 0.0% |
| Holdings | 1630 | 47 |
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%.
ILF in plain words
ILF is an index equity fund tracking the Latin America 40. Over the year to Sep 11, 2026 it returned +33.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.47% a year. By its holdings filed for Sep 10, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 47 positions, with the top ten at 55.7%. It sat 4.4% below its high of Apr 14, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, ACWI or ILF?
- In the year to Sep 13, 2026, with distributions reinvested, ACWI returned +19.1% and ILF returned +33.4%, so ILF returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, ACWI or ILF?
- ACWI charges 0.32% a year and ILF charges 0.47%, so ACWI is cheaper. Fees come from each fund's prospectus.
- How much do ACWI and ILF overlap with the S&P 500?
- By their latest filed holdings, 61% of ACWI and 0% of ILF by weight is stocks the S&P 500 already holds. Between the two funds, 0% of their books are the same securities at the same weight.
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 ILF, data as of Sep 13, 2026. https://etfiq.com/compare/any/acwi-vs-ilf Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources