Data as of Oct 28, 2026.

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ACWI vs SCHB: Differences, Returns & Fees

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Over the year to Oct 28, 2026, ACWI and SCHB finished level, +13.4% against +13.4%, and they share 61% of their weight.

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Net assets: $33.0bn on Oct 28, 2026 for iShares MSCI ACWI ETF, and $44.6bn on Aug 31, 2026 for Schwab U.S. Broad Market ETF.

At a glance
+13.4%
ACWI total return, 1 year
+13.4%
SCHB total return, 1 year
0.32%
ACWI expense ratio
0.03%
SCHB expense ratio

Pair scorecard

SCHB costs 0.29 points a year less; both returned +13.4% over a year.

ACWI vs SCHB: Differences, Returns & Fees
MeasureACWISCHB
Return
Total return, 1 year+13.4%+13.4%
Benchmark
What it tracksMSCI ACWIDow Jones U.S. Broad Stock Market Index
Cost and size
Expense ratio0.32%0.03%
Net assets, ACWI as of Oct 28, 2026 and SCHB as of Aug 31, 2026$33.0bn$44.6bn
Holdings
Holdings in common61%
Top ten holdings, share of the fund24.9%33.7%

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

What they share

61%

By the books each fund has filed, ACWI and SCHB hold 61% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Oct 27, 2026.

0 half 100%

half

61% in common

Positions both hold · largest shared weight first ACWI SCHB
APPLE 4.97% 6.27%
NVIDIA 4.89% 7.20%
MICROSOFT 3.66% 5.08%
AMAZON.COM INC 2.39% 3.42%
ALPHABET CLASS A 1.83% 2.68%
BROADCOM INC 1.51% 2.36%
ALPHABET CLASS C 1.44% 2.13%
META PLATFORMS CLASS A 1.33% 1.69%
TESLA INC 1.14% 1.40%
MICRON TECHNOLOGY 1.02% 1.46%
ELI LILLY 1.00% 1.23%
ADVANCED MICRO DEVICES 0.89% 1.03%
Only in one fund ↓
Only in ACWI
TAIWAN SEMICONDUCTOR MANUFACTURING 1.77%
SAMSUNG ELECTRONICS LTD 0.76%
ASML HOLDING 0.62%
SK HYNIX 0.55%
ROCHE PS PAR AG 0.33%
APPLIED MATERIAL INC 0.31%
GE AEROSPACE 0.30%
SHELL 0.30%
Only in SCHB
Applied Materials Inc 0.49%
General Electric Co 0.47%
Texas Instruments Inc 0.32%
McDonald's Corp 0.25%
TJX Cos Inc 0.20%
Prologis Inc 0.18%
Lowe's Cos Inc 0.15%
Equinix Inc 0.14%
Check overlap with more funds →

Side by side

ACWI iShares MSCI ACWI ETF SCHB Schwab U.S. Broad Market ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the MSCI ACWI Tracks an index of US broad market
Total return, 1 year +13.4% +13.4%
Expense ratio 0.32% 0.03%
Already in the S&P 500 60.9% 88.0%
Holdings 2197 2372
Net assets, ACWI as of Oct 28, 2026 and SCHB as of Aug 31, 2026 $33.0bn $44.6bn

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

Client brief · page 1 of 2 Report BR-D65E8AC314

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

  1. What each follows. ACWI follows MSCI ACWI and SCHB follows Dow Jones U.S. Broad Stock Market Index.
  2. Cost. ACWI charges 0.32% of assets a year and SCHB 0.03%, a gap of 0.29 points.
  3. Holdings in common (similar). 61% of the weight is in the same securities (holdings dated Oct 27, 2026 and Aug 31, 2026).

Data as of Oct 28, 2026.

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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%.

SCHB

SCHB tracks an index of US broad market. The prospectus expense ratio is 0.03% a year. By its holdings filed for Aug 31, 2026, 88% of the fund by weight is stocks the S&P 500 also holds, across 2,372 positions, with the top ten at 33.7%.

Questions people ask

Which returned more over the last year, ACWI or SCHB?
In the year to Oct 28, 2026, with distributions reinvested, ACWI returned +13.4% and SCHB +13.4%.
Which is cheaper, ACWI or SCHB?
SCHB is cheaper, by 0.29 percentage points a year. That is about $29 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do ACWI and SCHB overlap with the S&P 500?
By their latest filed holdings, 61% of ACWI and 88% of SCHB by weight is stocks the S&P 500 already holds.
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ETFIQ, ACWI against SCHB, data as of Oct 28, 2026. https://etfiq.com/compare/any/acwi-vs-schb

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