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

In the year to Nov 4, 2026, with distributions reinvested, ACWI returned +15.0% and RAAX +16.5%.

Which is cheaper, ACWI or RAAX?

ACWI is cheaper, by 0.23 percentage points a year. That is about $23 on $10,000 held for a year. Fees come from each fund's prospectus.

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

By their latest filed holdings, 61% of ACWI and 21% of RAAX by weight is stocks the S&P 500 already holds.

Data as of Nov 4, 2026.

Across categories

ACWI vs RAAX: Differences, Returns & Fees

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Over the year to Nov 4, 2026, ACWI returned +15.0% to RAAX's +16.5%; 10% of their weight is in the same names.

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Net assets: $32.8bn on Nov 4, 2026 for iShares MSCI ACWI ETF, and $1.4bn on Nov 3, 2026 for VanEck Real Assets ETF.

ACWI on its own →RAAX on its own →

At a glance

+15.0%

ACWI total return, 1 year

+16.5%

RAAX total return, 1 year

0.32%

ACWI expense ratio

0.55%

RAAX expense ratio

Pair scorecard

ACWI costs 0.23 points a year less; their one-year returns differ by 1.5 points; ACWI is far larger, $32.2bn against $1.4bn.

ACWI vs RAAX: Differences, Returns & Fees
Measure	ACWI	RAAX
Return
Measure	ACWI	RAAX
Total return, 1 year	+15.0%	+16.5%
Drawdown
Measure	ACWI	RAAX
Below its high		9.2%, high on May 11, 2026
Benchmark
Measure	ACWI	RAAX
What it tracks	MSCI ACWI	No index, actively managed
Cost and size
Measure	ACWI	RAAX
Expense ratio	0.32%	0.55%
Net assets, as of Nov 3, 2026	$32.2bn	$1.4bn
Holdings
Measure	ACWI	RAAX
Holdings in common	10%
Top ten holdings, share of the fund	24.2%	52.4%

Method

What they share

10%

By the books each fund has filed, ACWI and RAAX hold 10% of their money in the same securities at the same weight. Holdings dated Nov 3, 2026.

50%

0 half 100%

half

10% in common

Positions both hold · largest shared weight first ACWI RAAX

EXXONMOBIL HOLDINGS CORP 0.73% 2.13%

CHEVRON 0.41% 1.82%

CATERPILLAR INC 0.29% 0.27%

LINDE PLC 0.24% 0.54%

BHP GROUP LTD 0.20% 0.22%

SHELL 0.30% 0.20%

GE AEROSPACE 0.33% 0.19%

NEXTERA ENERGY 0.18% 0.60%

TESLA INC 1.13% 0.18%

UNION PACIFIC 0.18% 0.63%

CONOCOPHILLIPS 0.17% 0.55%

NVIDIA 4.71% 0.17%

Only in one fund ↓

Only in ACWI

APPLE 4.83%

MICROSOFT 3.64%

AMAZON.COM INC 2.40%

TAIWAN SEMICONDUCTOR MANUFACTURING 1.70%

ALPHABET CLASS A 1.63%

BROADCOM INC 1.49%

META PLATFORMS CLASS A 1.35%

ALPHABET CLASS C 1.29%

Only in RAAX

VanEck Commodity Strategy ETF 25.04%

VanEck Merk Gold Shares 17.78%

Pembina Pipeline Corp 0.54%

Enterprise Products Partners Lp 0.52%

Energy Transfer Lp 0.50%

Mplx Lp 0.49%

Dt Midstream Inc 0.31%

E.On Se 0.26%

Check overlap with more funds →

Side by side

ACWI iShares MSCI ACWI ETF RAAX VanEck Real Assets ETF

Where it sits Stock ETF Stock ETF

Issuer iShares VanEck

What it is Tracks the MSCI ACWI Actively managed

Total return, 1 year +15.0% +16.5%

Expense ratio 0.32% 0.55%

Already in the S&P 500 60.9% 21.0%

Holdings 2197 199

Net assets, ACWI as of Nov 4, 2026 and RAAX as of Nov 3, 2026 $32.8bn $1.4bn

ACWI and RAAX on the fields both publish, as of Nov 4, 2026. Source: ETFIQ.

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About each fund

ACWI

ACWI tracks the MSCI ACWI. Over the year to Nov 4, 2026 it returned +15.0% with distributions reinvested. The prospectus expense ratio is 0.32% a year. By its holdings published by its issuer for Nov 3, 2026, 61% of the fund by weight is stocks the S&P 500 also holds, across 2,197 positions, with the top ten at 24.2%.

RAAX

RAAX is actively managed and tracks no index. Over the year to Nov 4, 2026 it returned +16.5% with distributions reinvested. The prospectus expense ratio is 0.55% a year. By its holdings published by its issuer for Nov 3, 2026, 21% of the fund by weight is stocks the S&P 500 also holds, across 199 positions, with the top ten at 52.4%. It sat 9.2% below its high of May 11, 2026 on Nov 4, 2026.

Questions people ask

Which returned more over the last year, ACWI or RAAX?: In the year to Nov 4, 2026, with distributions reinvested, ACWI returned +15.0% and RAAX +16.5%.
Which is cheaper, ACWI or RAAX?: ACWI is cheaper, by 0.23 percentage points a year. That is about $23 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do ACWI and RAAX overlap with the S&P 500?: By their latest filed holdings, 61% of ACWI and 21% of RAAX by weight is stocks the S&P 500 already holds.

Other comparisons

ACWI vs KLMT ACWI vs AVGE ACWI vs CRBN ACWI vs SPGM RAAX vs VT RAAX vs URTH JGLO vs RAAX AKRE vs RAAX

Where to next

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

Sources and dates

ACWI filings on SEC EDGAR ↗

ACWI prospectus with the expense ratio (SEC) ↗

iShares page for ACWI ↗

RAAX filings on SEC EDGAR ↗

RAAX prospectus with the expense ratio (SEC) ↗

VanEck website ↗

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 RAAX, data as of Nov 4, 2026. https://etfiq.com/compare/any/acwi-vs-raax

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