Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
ACWI vs IWF: how they differ
ACWI and IWF hold 38% of their weight in the same names, and ACWI returned more over the year.
iShares MSCI ACWI ETF and iShares Russell 1000 Growth ETF.
What they hold in common
By the books each fund has filed, ACWI and IWF hold 38% of their money in the same securities at the same weight.
| Holding | ACWI | IWF |
|---|---|---|
| NVIDIA | 4.89% | 15.46% |
| APPLE | 4.67% | 7.77% |
| MICROSOFT | 3.38% | 5.55% |
| ALPHABET CLASS A | 1.90% | 5.88% |
| BROADCOM INC | 1.59% | 5.10% |
| ALPHABET CLASS C | 1.50% | 4.77% |
| META PLATFORMS CLASS A | 1.38% | 3.52% |
| MICRON TECHNOLOGY | 1.08% | 3.35% |
| TESLA INC | 1.02% | 3.22% |
| ELI LILLY | 0.88% | 2.72% |
| ADVANCED MICRO DEVICES | 0.80% | 2.49% |
| AMAZON.COM INC | 2.38% | 0.62% |
| Only in ACWI | Only in IWF |
|---|---|
| TAIWAN SEMICONDUCTOR MANUFACTURING 1.86% | ANGLOGOLD ASHANTI PLC 0.14% |
| JPMORGAN CHASE & CO 0.92% | COUPANG CLASS A 0.06% |
| SAMSUNG ELECTRONICS LTD 0.91% | MACOM TECHNOLOGY SOLUTIONS 0.06% |
| SK HYNIX 0.74% | ROKU CLASS A 0.06% |
| BERKSHIRE HATHAWAY INC CLASS B 0.69% | WOODWARD 0.06% |
| EXXONMOBIL HOLDINGS CORP 0.67% | GUARDANT HEALTH 0.05% |
| ASML HOLDING 0.65% | LATTICE SEMICONDUCTOR 0.05% |
| JOHNSON & JOHNSON 0.62% | USD CASH 0.05% |
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 | IWF iShares Russell 1000 Growth ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | iShares |
| What it is | MSCI ACWI | Russell 1000 growth |
| Total return, 1 year | +19.1% | +7.0% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +1.6 pts | −10.5 pts |
| Expense ratio | 0.32% | 0.18% |
| Already in the S&P 500 | 61.4% | 93.6% |
| Holdings | 1630 | 315 |
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%.
IWF in plain words
IWF is an index equity fund tracking the Russell 1000 growth. Over the year to Sep 11, 2026 it returned +7.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.18% a year. By its holdings filed for Sep 10, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 315 positions, with the top ten at 57.3%. It sat 5.0% below its high of Jun 1, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, ACWI or IWF?
- In the year to Sep 13, 2026, with distributions reinvested, ACWI returned +19.1% and IWF returned +7.0%, so ACWI returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, ACWI or IWF?
- ACWI charges 0.32% a year and IWF charges 0.18%, so IWF is cheaper. Fees come from each fund's prospectus.
- How much do ACWI and IWF overlap with the S&P 500?
- By their latest filed holdings, 61% of ACWI and 94% of IWF by weight is stocks the S&P 500 already holds. Between the two funds, 38% 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 IWF, data as of Sep 13, 2026. https://etfiq.com/compare/any/acwi-vs-iwf Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources