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

In the year to Oct 28, 2026, with distributions reinvested, ACWI returned +13.4% and PFF −4.2%.

Which is cheaper, ACWI or PFF?

ACWI is cheaper, by 0.13 percentage points a year. That is about $13 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do ACWI and PFF overlap with the S&P 500?

By their latest filed holdings, 61% of ACWI and 0% of PFF by weight is stocks the S&P 500 already holds.

Data as of Oct 28, 2026.

Across categories

ACWI vs PFF: Differences, Returns & Fees

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Over the year to Oct 28, 2026, ACWI returned +13.4% to PFF's −4.2%; 9% 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 $11.8bn on Oct 27, 2026 for iShares Preferred and Income Securities ETF.

ACWI on its own →PFF on its own →

At a glance

+13.4%

ACWI total return, 1 year

−4.2%

PFF total return, 1 year

0.32%

ACWI expense ratio

0.45%

PFF expense ratio

Pair scorecard

ACWI costs 0.13 points a year less; their one-year returns differ by 17.6 points; ACWI is 2.8 times larger.

ACWI vs PFF: Differences, Returns & Fees
Measure	ACWI	PFF
Return
Measure	ACWI	PFF
Total return, 1 year	+13.4%	−4.2%
Drawdown
Measure	ACWI	PFF
Below its high		7.1%, high on May 8, 2026
Benchmark
Measure	ACWI	PFF
What it tracks	MSCI ACWI	ICE Exchange-Listed Preferred & Hybrid Securities Index
Cost and size
Measure	ACWI	PFF
Expense ratio	0.32%	0.45%
Net assets, as of Oct 26, 2026	$32.6bn	$11.8bn
Holdings
Measure	ACWI	PFF
Holdings in common	9%
Top ten holdings, share of the fund	24.9%	22.7%

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

What they share

By the books each fund has filed, ACWI and PFF hold 9% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

50%

0 half 100%

half

9% in common

Positions both hold · largest shared weight first ACWI PFF

ALPHABET CLASS A 1.83% 2.31%

ALPHABET CLASS C 1.44% 2.26%

JPMORGAN CHASE & CO 0.87% 0.85%

BANK OF AMERICA 0.32% 1.43%

GOLDMAN SACHS GROUP 0.26% 0.50%

WELLS FARGO 0.24% 2.14%

MORGAN STANLEY 0.22% 0.48%

ORACLE 0.22% 2.06%

CITIGROUP 0.20% 1.22%

BANCO SANTANDER 0.18% 0.17%

NEXTERA ENERGY 0.17% 1.06%

AT&T 0.14% 0.53%

Only in one fund ↓

Only in ACWI

APPLE 4.97%

NVIDIA 4.89%

MICROSOFT 3.66%

AMAZON.COM INC 2.39%

TAIWAN SEMICONDUCTOR MANUFACTURING 1.77%

BROADCOM INC 1.51%

META PLATFORMS CLASS A 1.33%

TESLA INC 1.14%

Only in PFF

NEXTERA ENERGY UNITS 1.04%

ALBEMARLE CORP 1.02%

BRIGHTSPRING HEALTH SERVICES UNITS 0.78%

JPMORGAN CHASE & CO 0.75%

NEXTERA ENERGY UNITS 0.73%

WELLS FARGO & COMPANY 0.69%

JPMORGAN CHASE AND CO DS REPSTG T 0.65%

JPMORGAN CHASE NON-CUMULATIVE PREF 0.64%

Check overlap with more funds →

Side by side

ACWI iShares MSCI ACWI ETF PFF iShares Preferred and Income Securities ETF

Where it sits Stock ETF Bond ETF

Issuer iShares iShares

What it is Tracks the MSCI ACWI Tracks an index of Preferred and Income Securities

Total return, 1 year +13.4% −4.2%

Its benchmark over the same days not measured +13.6% (MLRG)

Gap to its benchmark not measured −17.8 pts vs MLRG

Expense ratio 0.32% 0.45%

Already in the S&P 500 60.9% 0.0%

Holdings 2197 453

Net assets, ACWI as of Oct 28, 2026 and PFF as of Oct 27, 2026 $33.0bn $11.8bn

ACWI and PFF 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%.

PFF

PFF tracks an index of Preferred and Income Securities. Over the year to Oct 28, 2026 it returned −4.2% with distributions reinvested, against +13.6% for its benchmark, the MSCI USA Index. The prospectus expense ratio is 0.45% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 453 positions, with the top ten at 22.7%. It sat 7.1% below its high of May 8, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, ACWI or PFF?: In the year to Oct 28, 2026, with distributions reinvested, ACWI returned +13.4% and PFF −4.2%.
Which is cheaper, ACWI or PFF?: ACWI is cheaper, by 0.13 percentage points a year. That is about $13 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do ACWI and PFF overlap with the S&P 500?: By their latest filed holdings, 61% of ACWI and 0% of PFF by weight is stocks the S&P 500 already holds.

Other comparisons

ACWI vs SPSB ACWI vs VBIL ACWI vs EMB ACWI vs VGLT PFF vs VT PFF vs URTH IDEV vs PFF PFF vs VGK

Where to next

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

Sources and dates

ACWI and PFF filings on SEC EDGAR ↗

ACWI prospectus with the expense ratio (SEC) ↗

iShares page for ACWI ↗

PFF prospectus with the expense ratio (SEC) ↗

iShares page for PFF ↗

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

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