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

In the year to Oct 28, 2026, with distributions reinvested, ACWI returned +13.4% and SHV +3.6%.

Which is cheaper, ACWI or SHV?

SHV is cheaper, by 0.17 percentage points a year. That is about $17 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

ACWI vs SHV: Differences, Returns & Fees

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Over the year to Oct 28, 2026, ACWI returned +13.4% to SHV's +3.6%; 0% 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 $21.7bn on Oct 27, 2026 for iShares 0-1 Year Treasury Bond ETF.

ACWI on its own →SHV on its own →

At a glance

+13.4%

ACWI total return, 1 year

+3.6%

SHV total return, 1 year

0.32%

ACWI expense ratio

0.15%

SHV expense ratio

Pair scorecard

SHV costs 0.17 points a year less; their one-year returns differ by 9.8 points; ACWI is 1.5 times larger.

ACWI vs SHV: Differences, Returns & Fees
Measure	ACWI	SHV
Return
Measure	ACWI	SHV
Total return, 1 year	+13.4%	+3.6%
Benchmark
Measure	ACWI	SHV
What it tracks	MSCI ACWI	ICE Short US Treasury Securities Index
Cost and size
Measure	ACWI	SHV
Expense ratio	0.32%	0.15%
Net assets, as of Oct 26, 2026	$32.6bn	$22.2bn
Holdings
Measure	ACWI	SHV
Holdings in common	0%
In the S&P 500, by weight	61%
Top ten holdings, share of the fund	24.9%

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

What they share

By the books each fund has filed, ACWI and SHV hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first ACWI SHV

Only in one fund ↓

Only in ACWI

APPLE 4.97%

NVIDIA 4.89%

MICROSOFT 3.66%

AMAZON.COM INC 2.39%

ALPHABET CLASS A 1.83%

TAIWAN SEMICONDUCTOR MANUFACTURING 1.77%

BROADCOM INC 1.51%

ALPHABET CLASS C 1.44%

Only in SHV

TREASURY BILL 4.98%

TREASURY BILL 4.17%

TREASURY BILL 3.90%

TREASURY BILL 3.72%

TREASURY BILL 3.58%

TREASURY BILL 3.48%

TREASURY BILL 3.35%

TREASURY BILL 3.31%

Check overlap with more funds →

Side by side

ACWI iShares MSCI ACWI ETF SHV iShares 0-1 Year Treasury Bond ETF

Where it sits Stock ETF Bond ETF

Issuer iShares iShares

What it is Tracks the MSCI ACWI Tracks an index of 0-1 Year Treasury Bond

Total return, 1 year +13.4% +3.6%

Expense ratio 0.32% 0.15%

Holdings 2197 66

Net assets, ACWI as of Oct 28, 2026 and SHV as of Oct 27, 2026 $33.0bn $21.7bn

ACWI and SHV 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%.

SHV

SHV tracks an index of 0-1 Year Treasury Bond. Over the year to Oct 28, 2026 it returned +3.6% with distributions reinvested. The prospectus expense ratio is 0.15% a year.

Questions people ask

Which returned more over the last year, ACWI or SHV?: In the year to Oct 28, 2026, with distributions reinvested, ACWI returned +13.4% and SHV +3.6%.
Which is cheaper, ACWI or SHV?: SHV is cheaper, by 0.17 percentage points a year. That is about $17 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

ACWI vs SGOV ACWI vs MINT ACWI vs BOXX ACWI vs VBIL SHV vs VT SHV vs URTH IDEV vs SHV SHV vs VGK

Where to next

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

Sources and dates

ACWI and SHV filings on SEC EDGAR ↗

ACWI prospectus with the expense ratio (SEC) ↗

iShares page for ACWI ↗

SHV prospectus with the expense ratio (SEC) ↗

iShares page for SHV ↗

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

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