Data as of Oct 28, 2026.

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ACWI vs VXUS: Differences, Returns & Fees

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Over the year to Oct 28, 2026, ACWI returned +13.4% to VXUS's +13.8%; 31% 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 $163.2bn on Sep 30, 2026 for Vanguard Total International Stock ETF.

At a glance
+13.4%
ACWI total return, 1 year
+13.8%
VXUS total return, 1 year
0.32%
ACWI expense ratio
0.05%
VXUS expense ratio

Pair scorecard

VXUS costs 0.27 points a year less; their one-year returns differ by 0.4 points; VXUS is 5.0 times larger.

ACWI vs VXUS: Differences, Returns & Fees
MeasureACWIVXUS
Return
Total return, 1 year+13.4%+13.8%
Drawdown
Below its high5.1%, high on Sep 4, 2026
Benchmark
What it tracksMSCI ACWIFTSE Global All Cap ex US Index
Cost and size
Expense ratio0.32%0.05%
Net assets, as of Sep 30, 2026$32.8bn$163.2bn
Holdings
Holdings in common31%
Top ten holdings, share of the fund24.9%14.6%

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

Risk and return

Feb 4, 2011 to Oct 23, 2026 · 820 weekly returns
ACWI VXUS
Return
Total return edge ACWI +344.4% +158.2%
Annualized edge ACWI +9.9% +6.2%
Price return edge ACWI +225.2% +62.6%
Risk
Volatility edge ACWI (slight) 16.0% 16.5%
Max drawdown edge ACWI (slight) −32.1% −34.6%
Risk-adjusted
Sharpe edge ACWI 0.57 0.35
Sortino edge ACWI 0.81 0.49
Calmar edge ACWI 0.31 0.18
Reading

ACWI returned more: +344.4% to +158.2%. ACWI swung slightly less: 16.0% to 16.5%. ACWI fell slightly less at its worst: −32.1% to −34.6%.

Full scorecard

9 measures, with how each is measured
Open ↓
Risk and return: ACWI vs VXUS: Differences, Returns & Fees
MeasureACWIVXUSEdgeHow it is measured
Return
Total return+344.4%+158.2%ACWIPrice change plus distributions, reinvested.
Annualized+9.9%+6.2%ACWITotal return as a yearly rate.
Price return+225.2%+62.6%ACWIPrice change alone, distributions left out.
Risk
Volatility16.0%16.5%ACWI (slight)Spread of weekly returns, annualized. Lower is steadier.
Downside deviation11.2%11.8%ACWI (slight)Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown−32.1%−34.6%ACWI (slight)Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.570.35ACWIReturn above Treasury bills per unit of volatility.
Sortino0.810.49ACWIReturn above Treasury bills per unit of downside deviation.
Calmar0.310.18ACWIAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 820 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

31%

By the books each fund has filed, ACWI and VXUS hold 31% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

0 half 100%

half

31% in common

Positions both hold · largest shared weight first ACWI VXUS
TAIWAN SEMICONDUCTOR MANUFACTURING 1.77% 4.27%
SAMSUNG ELECTRONICS LTD 0.76% 2.03%
ASML HOLDING 0.62% 1.55%
SK HYNIX 0.55% 1.67%
ROCHE PS PAR AG 0.33% 0.66%
SHELL 0.30% 0.62%
HSBC HOLDINGS PLC 0.29% 0.76%
TENCENT HOLDINGS 0.29% 0.76%
NOVARTIS AG 0.28% 0.60%
ROYAL BANK OF CANADA 0.27% 0.62%
ASTRAZENECA PLC 0.25% 0.54%
NESTLE SA 0.25% 0.52%
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%
BROADCOM INC 1.51%
ALPHABET CLASS C 1.44%
META PLATFORMS CLASS A 1.33%
Only in VXUS
SLCMT1142 1.66%
MKTLIQ 0.59%
Novo Nordisk A/S 0.27%
SAMSUNG ELECTRONICS-PREF 0.26%
Industrial & Commercial Bank of China Ltd 0.18%
BHP Group Ltd 0.17%
Air Liquide SA 0.17%
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen 0.16%
Check overlap with more funds →

Side by side

ACWI iShares MSCI ACWI ETF VXUS Vanguard Total International Stock ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the MSCI ACWI Tracks an index of Total International Stock
Total return, 1 year +13.4% +13.8%
Expense ratio 0.32% 0.05%
Already in the S&P 500 60.9% 0.0%
Holdings 2197 8913
Net assets, ACWI as of Oct 28, 2026 and VXUS as of Sep 30, 2026 $33.0bn $163.2bn

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

Client brief · page 1 of 2 Report BR-02680A93BA

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

  1. What each follows. ACWI follows MSCI ACWI and VXUS follows FTSE Global All Cap ex US Index.
  2. Holdings in common. 31% of the weight is in the same securities (holdings dated Oct 27, 2026 and Sep 30, 2026).
  3. Number of holdings. ACWI holds 2,197 positions and VXUS holds 8913.

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%.

VXUS

VXUS tracks an index of Total International Stock. Over the year to Oct 28, 2026 it returned +13.8% with distributions reinvested. The prospectus expense ratio is 0.05% 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 8,913 positions, with the top ten at 14.6%. It sat 5.1% below its high of Sep 4, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, ACWI or VXUS?
In the year to Oct 28, 2026, with distributions reinvested, ACWI returned +13.4% and VXUS +13.8%.
Which is cheaper, ACWI or VXUS?
VXUS is cheaper, by 0.27 percentage points a year. That is about $27 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do ACWI and VXUS overlap with the S&P 500?
By their latest filed holdings, 61% of ACWI and 0% of VXUS by weight is stocks the S&P 500 already holds.
Other comparisons
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ETFIQ, ACWI against VXUS, data as of Oct 28, 2026. https://etfiq.com/compare/any/acwi-vs-vxus

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