Data as of Oct 28, 2026.

vsCompare their flowsaskIQ about these two fundsAsk the committee about these two funds
Across categories

ACWI vs ONEQ: Differences, Returns & Fees

Share
Share on XDownload as PDF

Over the year to Oct 28, 2026, ACWI returned +13.4% to ONEQ's +12.7%; 36% of their weight is in the same names.

askIQ about this page

askIQ about ACWI and ONEQ

Net assets: $33.0bn on Oct 28, 2026 for iShares MSCI ACWI ETF, and $10.9bn on Sep 30, 2026 for Fidelity Nasdaq Composite Index ETF.

At a glance
+13.4%
ACWI total return, 1 year
+12.7%
ONEQ total return, 1 year
0.32%
ACWI expense ratio
0.21%
ONEQ expense ratio

Pair scorecard

ONEQ costs 0.11 points a year less; their one-year returns differ by 0.7 points; ACWI is 3.0 times larger.

ACWI vs ONEQ: Differences, Returns & Fees
MeasureACWIONEQ
Return
Total return, 1 year+13.4%+12.7%
Drawdown
Below its high3.8%, high on Oct 6, 2026
Benchmark
What it tracksMSCI ACWINasdaq Composite Index
Cost and size
Expense ratio0.32%0.21%
Net assets, as of Sep 30, 2026$32.8bn$10.9bn
Holdings
Holdings in common36%
Top ten holdings, share of the fund24.9%56.0%

Holdings in common uses holdings dated Aug 31, 2026 and Oct 27, 2026. Method

What they share

36%

By the books each fund has filed, ACWI and ONEQ hold 36% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Oct 27, 2026.

0 half 100%

half

36% in common

Positions both hold · largest shared weight first ACWI ONEQ
APPLE 4.97% 10.08%
NVIDIA 4.89% 11.57%
MICROSOFT 3.66% 8.16%
AMAZON.COM INC 2.39% 6.05%
ALPHABET CLASS A 1.83% 4.28%
BROADCOM INC 1.51% 3.80%
ALPHABET CLASS C 1.44% 3.96%
META PLATFORMS CLASS A 1.33% 2.72%
TESLA INC 1.14% 2.99%
MICRON TECHNOLOGY 1.02% 2.34%
ADVANCED MICRO DEVICES 0.89% 1.66%
WALMART 0.51% 1.80%
Only in one fund ↓
Only in ACWI
TAIWAN SEMICONDUCTOR MANUFACTURING 1.77%
ELI LILLY 1.00%
JPMORGAN CHASE & CO 0.87%
SAMSUNG ELECTRONICS LTD 0.76%
BERKSHIRE HATHAWAY INC CLASS B 0.75%
EXXONMOBIL HOLDINGS CORP 0.73%
VISA CLASS A 0.65%
JOHNSON & JOHNSON 0.63%
Only in ONEQ
SPACE EXPLORATION TECHNOLOGIES CORP 2.29%
APPLIED MATERIALS INC 0.79%
TEXAS INSTRUMENTS INC. 0.52%
SANDISK CORP 0.50%
SHOPIFY INC 0.39%
EQUINIX INC 0.22%
MARRIOTT INTERNATIONAL INC 0.19%
MONSTER BEVERAGE CORP NEW 0.19%
Check overlap with more funds →

Side by side

ACWI iShares MSCI ACWI ETF ONEQ Fidelity Nasdaq Composite Index ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the MSCI ACWI Tracks the Nasdaq Composite
Total return, 1 year +13.4% +12.7%
Expense ratio 0.32% 0.21%
Already in the S&P 500 60.9% 84.6%
Holdings 2197 1026
Net assets, ACWI as of Oct 28, 2026 and ONEQ as of Sep 30, 2026 $33.0bn $10.9bn

ACWI and ONEQ on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-A42C3933C3

ACWI and ONEQ do different jobs. What does each one do in a portfolio?

  1. What each follows. ACWI follows MSCI ACWI and ONEQ follows Nasdaq Composite Index.
  2. Holdings in common. 36% of the weight is in the same securities (holdings dated Oct 27, 2026 and Aug 31, 2026).
  3. Cost. ACWI charges 0.32% of assets a year and ONEQ 0.21%, a gap of 0.11 points.

Data as of Oct 28, 2026.

The two-page PDF for this pair is coming. Save the comparison to follow its changes. Free. It needs an email sign-in, once.

Your saved page · Privacy.

Alert

ACWI flows, by email on Sundays.

One-click unsubscribe. See Privacy.

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%.

ONEQ

ONEQ tracks the Nasdaq Composite. Over the year to Oct 28, 2026 it returned +12.7% with distributions reinvested. The prospectus expense ratio is 0.21% a year. By its holdings filed for Aug 31, 2026, 85% of the fund by weight is stocks the S&P 500 also holds, across 1,026 positions, with the top ten at 56.0%. It sat 3.8% below its high of Oct 6, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, ACWI or ONEQ?
In the year to Oct 28, 2026, with distributions reinvested, ACWI returned +13.4% and ONEQ +12.7%.
Which is cheaper, ACWI or ONEQ?
ONEQ is cheaper, by 0.11 percentage points a year. That is about $11 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do ACWI and ONEQ overlap with the S&P 500?
By their latest filed holdings, 61% of ACWI and 85% of ONEQ by weight is stocks the S&P 500 already holds.
Other comparisons
Cite this pageCitation, APA and Markdown

ETFIQ, ACWI against ONEQ, data as of Oct 28, 2026. https://etfiq.com/compare/any/acwi-vs-oneq

Open data →

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