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

In the year to Oct 28, 2026, with distributions reinvested, ACWI returned +13.4% and SHY +1.6%.

Which is cheaper, ACWI or SHY?

SHY 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 SHY: Differences, Returns & Fees

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Over the year to Oct 28, 2026, ACWI returned +13.4% to SHY's +1.6%; 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 $27.4bn on Oct 27, 2026 for iShares 1-3 Year Treasury Bond ETF.

ACWI on its own →SHY on its own →

At a glance

+13.4%

ACWI total return, 1 year

+1.6%

SHY total return, 1 year

0.32%

ACWI expense ratio

0.15%

SHY expense ratio

Pair scorecard

SHY costs 0.17 points a year less; their one-year returns differ by 11.8 points; ACWI is 1.2 times larger.

ACWI vs SHY: Differences, Returns & Fees
Measure	ACWI	SHY
Return
Measure	ACWI	SHY
Total return, 1 year	+13.4%	+1.6%
Benchmark
Measure	ACWI	SHY
What it tracks	MSCI ACWI	ICE U.S. Treasury 1-3 Year Bond Index
Cost and size
Measure	ACWI	SHY
Expense ratio	0.32%	0.15%
Net assets, as of Oct 26, 2026	$32.6bn	$27.3bn
Holdings
Measure	ACWI	SHY
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 SHY 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 SHY

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 SHY

TREASURY NOTE 2.11%

TREASURY NOTE 1.99%

TREASURY NOTE 1.83%

TREASURY NOTE 1.73%

TREASURY NOTE 1.62%

TREASURY NOTE 1.54%

TREASURY NOTE 1.51%

TREASURY NOTE 1.49%

Check overlap with more funds →

Side by side

ACWI iShares MSCI ACWI ETF SHY iShares 1-3 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 1-3 Year Treasury Bond

Total return, 1 year +13.4% +1.6%

Its benchmark over the same days not measured +1.7% (BBSB)

Gap to its benchmark not measured −0.1 pts vs BBSB

Expense ratio 0.32% 0.15%

Holdings 2197 90

Net assets, ACWI as of Oct 28, 2026 and SHY as of Oct 27, 2026 $33.0bn $27.4bn

ACWI and SHY 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%.

SHY

SHY tracks an index of 1-3 Year Treasury Bond. Over the year to Oct 28, 2026 it returned +1.6% with distributions reinvested, against +1.7% for its benchmark, the ICE U.S. Treasury 1-3 Year Bond Index. The prospectus expense ratio is 0.15% a year.

Questions people ask

Which returned more over the last year, ACWI or SHY?: In the year to Oct 28, 2026, with distributions reinvested, ACWI returned +13.4% and SHY +1.6%.
Which is cheaper, ACWI or SHY?: SHY 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 VGSH ACWI vs IEI ACWI vs LQD ACWI vs IGSB SHY vs VT SHY vs URTH IDEV vs SHY SHY vs VGK

Where to next

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

Sources and dates

ACWI and SHY filings on SEC EDGAR ↗

ACWI prospectus with the expense ratio (SEC) ↗

iShares page for ACWI ↗

SHY prospectus with the expense ratio (SEC) ↗

iShares page for SHY ↗

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

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