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

In the year to Oct 28, 2026, with distributions reinvested, ACWI returned +13.4% and VTWO +14.3%.

Which is cheaper, ACWI or VTWO?

VTWO is cheaper, by 0.26 percentage points a year. That is about $26 on $10,000 held for a year. Fees come from each fund's prospectus.

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

By their latest filed holdings, 61% of ACWI and 0% of VTWO by weight is stocks the S&P 500 already holds.

Data as of Oct 28, 2026.

Across categories

ACWI vs VTWO: Differences, Returns & Fees

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Over the year to Oct 28, 2026, ACWI returned +13.4% to VTWO's +14.3%; 1% 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 $16.6bn on Sep 30, 2026 for Vanguard Russell 2000 ETF.

ACWI on its own →VTWO on its own →

At a glance

+13.4%

ACWI total return, 1 year

+14.3%

VTWO total return, 1 year

0.32%

ACWI expense ratio

0.06%

VTWO expense ratio

Pair scorecard

VTWO costs 0.26 points a year less; their one-year returns differ by 0.9 points; ACWI is 2.0 times larger.

ACWI vs VTWO: Differences, Returns & Fees
Measure	ACWI	VTWO
Return
Measure	ACWI	VTWO
Total return, 1 year	+13.4%	+14.3%
Drawdown
Measure	ACWI	VTWO
Below its high		7.5%, high on Aug 14, 2026
Benchmark
Measure	ACWI	VTWO
What it tracks	MSCI ACWI	Russell 2000 Index
Cost and size
Measure	ACWI	VTWO
Expense ratio	0.32%	0.06%
Net assets, as of Sep 30, 2026	$32.8bn	$16.6bn
Holdings
Measure	ACWI	VTWO
Holdings in common	1%
Top ten holdings, share of the fund	24.9%	5.4%

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

What they share

By the books each fund has filed, ACWI and VTWO hold 1% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

50%

0 half 100%

half

1% in common

Positions both hold · largest shared weight first ACWI VTWO

AIRBUS GROUP 0.12% 0.13%

LVMH 0.10% 0.14%

CANADIAN NATIONAL RAILWAY 0.06% 0.14%

LAIR LIQUIDE SOCIETE ANONYME POUR 0.12% 0.05%

COMPASS GROUP PLC 0.05% 0.21%

SIEMENS ENERGY N AG 0.11% 0.04%

UCB SA 0.04% 0.13%

CAMECO 0.03% 0.03%

ORANGE SA 0.03% 0.19%

CREDIT AGRICOLE SA 0.02% 0.24%

FIRST FINANCIAL HOLDING LTD 0.02% 0.03%

MTU AERO ENGINES HOLDING AG 0.02% 0.07%

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 VTWO

SLBBH1142 2.36%

Twist Bioscience Corp 0.42%

Moog Inc 0.36%

10X Genomics Inc 0.35%

JFrog Ltd 0.35%

UMB Financial Corp 0.32%

BrightSpring Health Services Inc 0.31%

Glaukos Corp 0.31%

Check overlap with more funds →

Side by side

ACWI iShares MSCI ACWI ETF VTWO Vanguard Russell 2000 ETF

Where it sits Stock ETF Stock ETF

Issuer iShares Vanguard

What it is Tracks the MSCI ACWI Tracks the Russell 2000

Total return, 1 year +13.4% +14.3%

Its benchmark over the same days not measured +14.1% (IWM)

Gap to its benchmark not measured +0.2 pts vs IWM

Expense ratio 0.32% 0.06%

Already in the S&P 500 60.9% 0.5%

Holdings 2197 2002

Net assets, ACWI as of Oct 28, 2026 and VTWO as of Sep 30, 2026 $33.0bn $16.6bn

ACWI and VTWO 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%.

VTWO

VTWO tracks the Russell 2000. Over the year to Oct 28, 2026 it returned +14.3% with distributions reinvested, against +14.1% for its benchmark, the Russell 2000 Index. The prospectus expense ratio is 0.06% a year. By its holdings published by its issuer as of Sep 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 2,002 positions, with the top ten at 5.4%. It sat 7.5% below its high of Aug 14, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, ACWI or VTWO?: In the year to Oct 28, 2026, with distributions reinvested, ACWI returned +13.4% and VTWO +14.3%.
Which is cheaper, ACWI or VTWO?: VTWO is cheaper, by 0.26 percentage points a year. That is about $26 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do ACWI and VTWO overlap with the S&P 500?: By their latest filed holdings, 61% of ACWI and 0% of VTWO by weight is stocks the S&P 500 already holds.

Other comparisons

ACWI vs IJT ACWI vs IWM ACWI vs VB ACWI vs IWC VT vs VTWO URTH vs VTWO IDEV vs VTWO VGK vs VTWO

Where to next

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

Sources and dates

ACWI filings on SEC EDGAR ↗

ACWI prospectus with the expense ratio (SEC) ↗

iShares page for ACWI ↗

VTWO filings on SEC EDGAR ↗

VTWO prospectus with the expense ratio (SEC) ↗

Vanguard page for VTWO ↗

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

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