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

In the year to Oct 9, 2026, with distributions reinvested, ACWX returned +18.2% and DFAX +20.9%.

Which is cheaper, ACWX or DFAX?

DFAX is cheaper, by 0.04 percentage points a year. That is about $4 on $10,000 held for a year. Fees come from each fund's prospectus.

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

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

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ACWX vs DFAX: Differences, Returns & Fees

ACWX and DFAX hold 41% of their weight in the same names, and DFAX returned +20.9% over the year. Net assets: $17.6bn on Oct 9, 2026 for iShares MSCI ACWI ex U.S. ETF, and $12.0bn on Jul 31, 2026 for Dimensional World ex U.S. Core Equity 2 ETF.

DFAX costs 0.04 points a year less; their one-year returns differ by 2.7 points.

	ACWX	DFAX
Expense ratio	0.32%	0.28%
Net assets, as of Jul 31, 2026	$11.5bn	$12.0bn
Total return, 1 year	+18.2%	+20.9%
What it tracks	MSCI ACWI ex USA Index	No index, actively managed
Holdings in common	41%
Top ten holdings, share of the fund	16.6%	8.2%
Below its high	3.9%, high on Sep 4, 2026	3.4%, high on Sep 4, 2026

Holdings in common uses holdings dated Jul 31, 2026 and Oct 8, 2026.

+18.2%

ACWX total return, 1 year

+20.9%

DFAX total return, 1 year

0.32%

ACWX expense ratio

0.28%

DFAX expense ratio

What they hold in common

By the books each fund has filed, ACWX and DFAX hold 41% 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 Jul 31, 2026 and Oct 8, 2026.

50%

half

41% in common

Positions both hold, largest shared weight first

Holding ACWX DFAX

TAIWAN SEMICONDUCTOR MANUFACTURING 5.41% 1.86%

SAMSUNG ELECTRONICS LTD 2.52% 1.34%

SK HYNIX 1.91% 0.81%

NOVARTIS AG 0.71% 0.67%

ASML HOLDING 1.95% 0.62%

TENCENT HOLDINGS 0.89% 0.49%

SHELL 0.80% 0.48%

TOTALENERGIES 0.46% 0.54%

NESTLE SA 0.65% 0.40%

TOYOTA MOTOR 0.48% 0.38%

ROYAL BANK OF CANADA 0.73% 0.36%

ALLIANZ 0.47% 0.30%

Only in ACWX

ROCHE PS PAR AG 0.82%

SIEMENS N AG 0.60%

SHOPIFY SUBORDINATE VOTING CLASS A 0.55%

TORONTO DOMINION 0.52%

SIEMENS ENERGY N AG 0.35%

BP PLC 0.33%

NOVO NORDISK CLASS B 0.33%

SAMSUNG ELECTRONICS NON VOTING PRE 0.33%

Only in DFAX

Taiwan Semiconductor Manufacturing Company Limited 0.99%

Samsung Electronics Co., Ltd. 0.29%

Deutsche Telekom AG 0.26%

Bayer Aktiengesellschaft 0.26%

ROYAL BANK OF CANADA 0.26%

BP P.L.C. 0.25%

UNICREDIT, SOCIETA PER AZIONI 0.24%

BASF SE 0.20%

Check overlap with more funds →

On the same fields

ACWX

iShares MSCI ACWI ex U.S. ETF

DFAX

Dimensional World ex U.S. Core Equity 2 ETF

Where it sits Stock ETF Stock ETF

Issuer iShares Dimensional

What it is Tracks the MSCI ACWI ex U.S. Actively managed

Total return, 1 year +18.2% +20.9%

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

Gap to the S&P 500 +1.0 pts +3.6 pts

Expense ratio 0.32% 0.28%

Already in the S&P 500 0.0% 0.0%

Holdings 1908 10481

Net assets, ACWX as of Oct 9, 2026 and DFAX as of Jul 31, 2026 $17.6bn $12.0bn

ACWX and DFAX 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.

DFAX in plain words

DFAX is actively managed and tracks no index. Over the year to Oct 9, 2026 it returned +20.9% with distributions reinvested, against +17.3% for the S&P 500. The prospectus expense ratio is 0.28% a year. By its holdings filed for Jul 31, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 10,481 positions, with the top ten at 8.2%. It sat 3.4% below its high of Sep 4, 2026 on Oct 9, 2026.

Questions people ask

Which returned more over the last year, ACWX or DFAX?: In the year to Oct 9, 2026, with distributions reinvested, ACWX returned +18.2% and DFAX +20.9%.
Which is cheaper, ACWX or DFAX?: DFAX is cheaper, by 0.04 percentage points a year. That is about $4 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do ACWX and DFAX overlap with the S&P 500?: By their latest filed holdings, 0% of ACWX and 0% of DFAX by weight is stocks the S&P 500 already holds.

Other comparisons

ACWX vs ESGD ACWX vs FENI ACWX vs CORO ACWX vs DBEF DFAX vs DFIC DFAX vs IQLT DFAX vs ESGD DFAX vs FENI

ACWX on its own →DFAX 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 ↗DFAX filings on SEC EDGAR ↗DFAX prospectus with the expense ratio (SEC) ↗Dimensional 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 DFAX, data as of Oct 9, 2026. https://etfiq.com/compare/any/acwx-vs-dfax

Open data

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