Which returned more over the last year, ACWX or CWI?

In the year to Oct 9, 2026, with distributions reinvested, ACWX returned +18.2% and CWI +17.8%.

Which is cheaper, ACWX or CWI?

CWI is cheaper, by 0.02 percentage points a year. That is about $2 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do ACWX and CWI overlap with the S&P 500?

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

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ACWX vs CWI: Differences, Returns & Fees

ACWX and CWI hold 70% of their weight in the same names. Net assets: $17.6bn on Oct 9, 2026 for iShares MSCI ACWI ex U.S. ETF, and $2.9bn on Oct 8, 2026 for State Street SPDR MSCI ACWI ex-US ETF.

CWI costs 0.02 points a year less; their one-year returns differ by 0.4 points; ACWX is 6.1 times larger.

	ACWX	CWI
Expense ratio	0.32%	0.30%
Net assets, as of Oct 8, 2026	$17.5bn	$2.9bn
Total return, 1 year	+18.2%	+17.8%
What it tracks	MSCI ACWI ex USA Index	not read by ETFIQ
Holdings in common	70%
Top ten holdings, share of the fund	16.6%	16.1%
Below its high	3.9%, high on Sep 4, 2026

Holdings in common uses holdings dated Oct 8, 2026.

+18.2%

ACWX total return, 1 year

+17.8%

CWI total return, 1 year

0.32%

ACWX expense ratio

0.30%

CWI expense ratio

What they hold in common

By the books each fund has filed, ACWX and CWI hold 70% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Oct 8, 2026.

50%

half

70% in common

Positions both hold, largest shared weight first

Holding ACWX CWI

ASML HOLDING 1.95% 2.00%

SK HYNIX 1.91% 1.88%

HSBC HOLDINGS PLC 0.86% 0.93%

TENCENT HOLDINGS 0.89% 0.85%

ROCHE PS PAR AG 0.82% 0.85%

SHELL 0.80% 0.78%

ROYAL BANK OF CANADA 0.73% 0.84%

NOVARTIS AG 0.71% 0.72%

ASTRAZENECA PLC 0.65% 0.65%

NESTLE SA 0.65% 0.65%

BHP GROUP LTD 0.60% 0.60%

SIEMENS N AG 0.60% 0.65%

Only in ACWX

TAIWAN SEMICONDUCTOR MANUFACTURING 5.41%

SAMSUNG ELECTRONICS LTD 2.52%

MITSUBISHI UFJ FINANCIAL GROUP 0.66%

SUMITOMO MITSUI FINANCIAL GROUP 0.43%

NOVO NORDISK CLASS B 0.33%

SAMSUNG ELECTRONICS NON VOTING PRE 0.33%

HON HAI PRECISION INDUSTRY 0.27%

ASE TECHNOLOGY HOLDING 0.21%

Only in CWI

TAIWAN SEMICONDUCTOR MANUFAC 3.38%

SAMSUNG ELECTR GDR REG S 2.64%

TAIWAN SEMICONDUCTOR SP ADR 1.96%

MITSUBISHI UFJ FINANCIAL GRO 0.69%

SUMITOMO MITSUI FINANCIAL GR 0.42%

NOVO NORDISK A/S B 0.33%

SAMSUNG ELECTRONICS PREF 0.31%

HON HAI PRECISION GDR REG S 0.29%

Check overlap with more funds →

On the same fields

ACWX

iShares MSCI ACWI ex U.S. ETF

CWI

State Street SPDR MSCI ACWI ex-US ETF

Where it sits Stock ETF Stock ETF

Issuer iShares State Street

What it is Tracks the MSCI ACWI ex U.S. Tracks an index

Total return, 1 year +18.2% +17.8%

S&P 500 over the same days +17.3% +17.3%

Gap to the S&P 500 +1.0 pts +0.6 pts

Expense ratio 0.32% 0.30%

Already in the S&P 500 0.0% 0.0%

Holdings 1908 1110

Net assets, ACWX as of Oct 9, 2026 and CWI as of Oct 8, 2026 $17.6bn $2.9bn

ACWX and CWI on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

ACWX in plain words

ACWX tracks the MSCI ACWI ex U.S.. Over the year to Oct 9, 2026 it returned +18.2% with distributions reinvested, against +17.3% for the S&P 500. The prospectus expense ratio is 0.32% a year. By its holdings published by its issuer for Oct 8, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 1,908 positions, with the top ten at 16.6%. It sat 3.9% below its high of Sep 4, 2026 on Oct 9, 2026.

CWI in plain words

CWI tracks an index. Over the year to Oct 9, 2026 it returned +17.8% with distributions reinvested, against +17.3% for the S&P 500. The prospectus expense ratio is 0.30% a year. By its holdings published by its issuer for Oct 8, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 1,110 positions, with the top ten at 16.1%.

Questions people ask

Which returned more over the last year, ACWX or CWI?: In the year to Oct 9, 2026, with distributions reinvested, ACWX returned +18.2% and CWI +17.8%.
Which is cheaper, ACWX or CWI?: CWI is cheaper, by 0.02 percentage points a year. That is about $2 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do ACWX and CWI overlap with the S&P 500?: By their latest filed holdings, 0% of ACWX and 0% of CWI by weight is stocks the S&P 500 already holds.

Other comparisons

ACWX vs BKIE ACWX vs MFSI ACWX vs IMFL ACWX vs DMXF CWI vs DFAI CWI vs DFIC CWI vs IQLT CORO vs CWI

ACWX on its own →CWI on its own →Hold both: look the portfolio through →Rankings →Standards and sources →

Where these figures came from

ACWX filings on SEC EDGAR ↗ACWX prospectus with the expense ratio (SEC) ↗iShares page for ACWX ↗CWI filings on SEC EDGAR ↗CWI prospectus with the expense ratio (SEC) ↗State Street website ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. 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, ACWX against CWI, data as of Oct 9, 2026. https://etfiq.com/compare/any/acwx-vs-cwi

Open data

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