Data as of Oct 28, 2026.

vsCompare their flowsaskIQ about these two fundsAsk the committee about these two funds
Across categories

ACWI vs VOO: Differences, Returns & Fees

Share
Share on XDownload as PDF

Over the year to Oct 28, 2026, ACWI returned +13.4% to VOO's +13.7%; 63% of their weight is in the same names.

askIQ about this page

askIQ about ACWI and VOO

Net assets: $33.0bn on Oct 28, 2026 for iShares MSCI ACWI ETF, and $1.0tn on Sep 30, 2026 for Vanguard S&P 500 ETF.

At a glance
+13.4%
ACWI total return, 1 year
+13.7%
VOO total return, 1 year
0.32%
ACWI expense ratio
0.03%
VOO expense ratio

Pair scorecard

VOO costs 0.29 points a year less; their one-year returns differ by 0.3 points; VOO is far larger, $1.0tn against $32.8bn.

ACWI vs VOO: Differences, Returns & Fees
MeasureACWIVOO
Return
Total return, 1 year+13.4%+13.7%
Benchmark
What it tracksMSCI ACWIS&P 500 Index
Cost and size
Expense ratio0.32%0.03%
Net assets, as of Sep 30, 2026$32.8bn$1.0tn
Holdings
Holdings in common63%
Top ten holdings, share of the fund24.9%39.1%

Holdings in common uses holdings dated Sep 30, 2026 and Oct 27, 2026. Method

Risk and return

Sep 17, 2010 to Oct 23, 2026 · 840 weekly returns
ACWI VOO
Return
Total return edge VOO +412.2% +804.0%
Annualized edge VOO +10.6% +14.6%
Price return edge VOO +271.3% +575.9%
Risk
Volatility edge Tie 15.9% 15.9%
Max drawdown edge Tie −32.1% −31.8%
Risk-adjusted
Sharpe edge VOO 0.62 0.84
Sortino edge VOO 0.88 1.22
Calmar edge VOO 0.33 0.46
Reading

VOO returned more: +804.0% to +412.2%. ACWI and VOO swung about the same: 15.9% and 15.9%. ACWI and VOO fell about the same at their worst: −32.1% and −31.8%.

Full scorecard

9 measures, with how each is measured
Open ↓
Risk and return: ACWI vs VOO: Differences, Returns & Fees
MeasureACWIVOOEdgeHow it is measured
Return
Total return+412.2%+804.0%VOOPrice change plus distributions, reinvested.
Annualized+10.6%+14.6%VOOTotal return as a yearly rate.
Price return+271.3%+575.9%VOOPrice change alone, distributions left out.
Risk
Volatility15.9%15.9%TieSpread of weekly returns, annualized. Lower is steadier.
Downside deviation11.1%10.9%TieLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−32.1%−31.8%TieDeepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.620.84VOOReturn above Treasury bills per unit of volatility.
Sortino0.881.22VOOReturn above Treasury bills per unit of downside deviation.
Calmar0.330.46VOOAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 840 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

63%

By the books each fund has filed, ACWI and VOO hold 63% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

0 half 100%

half

63% in common

Positions both hold · largest shared weight first ACWI VOO
APPLE 4.97% 7.39%
NVIDIA 4.89% 8.40%
MICROSOFT 3.66% 5.79%
AMAZON.COM INC 2.39% 3.72%
ALPHABET CLASS A 1.83% 3.07%
BROADCOM INC 1.51% 2.54%
ALPHABET CLASS C 1.44% 2.46%
META PLATFORMS CLASS A 1.33% 2.43%
TESLA INC 1.14% 1.52%
MICRON TECHNOLOGY 1.02% 1.83%
ELI LILLY 1.00% 1.41%
ADVANCED MICRO DEVICES 0.89% 1.52%
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%
SHELL 0.30%
HSBC HOLDINGS PLC 0.29%
TENCENT HOLDINGS 0.29%
NOVARTIS AG 0.28%
Only in VOO
Warner Bros Discovery Inc 0.12%
Moderna Inc 0.11%
MKTLIQ 0.05%
Ingersoll Rand Inc 0.04%
Southwest Airlines Co 0.03%
Viatris Inc 0.03%
Zebra Technologies Corp 0.03%
Revvity Inc 0.03%
Check overlap with more funds →

Side by side

ACWI iShares MSCI ACWI ETF VOO Vanguard S&P 500 ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the MSCI ACWI Tracks the S&P 500
Total return, 1 year +13.4% +13.7%
Its benchmark over the same days not measured +13.7% (IVV)
Gap to its benchmark not measured 0.0 pts vs IVV
Expense ratio 0.32% 0.03%
Already in the S&P 500 60.9% 99.7%
Holdings 2197 507
Net assets, ACWI as of Oct 28, 2026 and VOO as of Sep 30, 2026 $33.0bn $1.0tn

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

Client brief · page 1 of 2 Report BR-828FD53CF5

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

  1. What each follows. ACWI follows MSCI ACWI and VOO follows S&P 500 Index.
  2. Number of holdings. ACWI holds 2,197 positions and VOO holds 507.
  3. Cost. ACWI charges 0.32% of assets a year and VOO 0.03%, a gap of 0.29 points.

Data as of Oct 28, 2026.

The two-page PDF for this pair is coming. Save the comparison to follow its changes. Free. It needs an email sign-in, once.

Your saved page · Privacy.

Alert

ACWI flows, by email on Sundays.

One-click unsubscribe. See Privacy.

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%.

VOO

VOO tracks the S&P 500. Over the year to Oct 28, 2026 it returned +13.7% with distributions reinvested, against +13.7% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.03% a year. By its holdings published by its issuer as of Sep 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 507 positions, with the top ten at 39.1%.

Questions people ask

Which returned more over the last year, ACWI or VOO?
In the year to Oct 28, 2026, with distributions reinvested, ACWI returned +13.4% and VOO +13.7%.
Which is cheaper, ACWI or VOO?
VOO 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 VOO overlap with the S&P 500?
By their latest filed holdings, 61% of ACWI and 100% of VOO by weight is stocks the S&P 500 already holds.
Other comparisons
Cite this pageCitation, APA and Markdown

ETFIQ, ACWI against VOO, data as of Oct 28, 2026. https://etfiq.com/compare/any/acwi-vs-voo

Open data →

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