Data as of Oct 28, 2026.

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ACWX vs DYNF: Differences, Returns & Fees

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Over the year to Oct 28, 2026, ACWX returned +14.3% to DYNF's +14.5%; 0% of their weight is in the same names.

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Net assets on Oct 27, 2026: $17.9bn for iShares MSCI ACWI ex U.S. ETF and $42.7bn for iShares U.S. Equity Factor Rotation Active ETF.

At a glance
+14.3%
ACWX total return, 1 year
+14.5%
DYNF total return, 1 year
0.32%
ACWX expense ratio
0.26%
DYNF expense ratio

Pair scorecard

DYNF costs 0.06 points a year less; their one-year returns differ by 0.2 points; DYNF is 2.4 times larger.

ACWX vs DYNF: Differences, Returns & Fees
MeasureACWXDYNF
Return
Total return, 1 year+14.3%+14.5%
Drawdown
Below its high4.9%, high on Sep 4, 2026
Benchmark
What it tracksMSCI ACWI ex USA IndexNo index, actively managed
Cost and size
Expense ratio0.32%0.26%
Net assets, as of Oct 27, 2026$17.9bn$42.7bn
Holdings
Holdings in common0%
Top ten holdings, share of the fund15.6%40.7%

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

What they share

0%

By the books each fund has filed, ACWX and DYNF hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first ACWX DYNF
VINCI SA 0.16% 0.10%
ARISTOCRAT LEISURE 0.07% 1.08%
ADMIRAL GROUP PLC 0.04% 0.06%
ANGLOGOLD ASHANTI PLC 0.12% 0.04%
MERCK 0.06% 0.02%
NEMETSCHEK 0.01% 0.64%
TELUS 0.01% 0.62%
AEROPORTS DE PARIS SA 0.01% 0.00%
APA GROUP UNITS 0.03% 0.00%
MILLICOM INTERNATIONAL CELLULAR 0.02% 0.00%
MOTOR OIL (HELLAS) CORINTH REFINER 0.01% 0.00%
NU HOLDINGS CLASS A 0.13% 0.00%
Only in one fund ↓
Only in ACWX
TAIWAN SEMICONDUCTOR MANUFACTURING 5.07%
SAMSUNG ELECTRONICS LTD 2.19%
ASML HOLDING 1.77%
SK HYNIX 1.56%
ROCHE PS PAR AG 0.95%
TENCENT HOLDINGS 0.85%
SHELL 0.84%
HSBC HOLDINGS PLC 0.81%
Only in DYNF
NVIDIA 8.15%
APPLE 8.14%
MICROSOFT 4.76%
AMAZON.COM INC 4.12%
JPMORGAN CHASE & CO 3.30%
EXXONMOBIL HOLDINGS CORP 2.99%
BROADCOM INC 2.46%
META PLATFORMS CLASS A 2.34%
Check overlap with more funds →

Side by side

ACWX iShares MSCI ACWI ex U.S. ETF DYNF iShares U.S. Equity Factor Rotation Active ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the MSCI ACWI ex U.S. Actively managed
Total return, 1 year +14.3% +14.5%
Its benchmark over the same days not measured +13.3% (PBUS)
Gap to its benchmark not measured +1.2 pts vs PBUS
Expense ratio 0.32% 0.26%
Already in the S&P 500 0.0% 94.8%
Holdings 1939 262
Net assets, as of Oct 27, 2026 $17.9bn $42.7bn

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

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About each fund
ACWX

ACWX tracks the MSCI ACWI ex U.S.. Over the year to Oct 28, 2026 it returned +14.3% with distributions reinvested. The prospectus expense ratio is 0.32% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 1,939 positions, with the top ten at 15.6%. It sat 4.9% below its high of Sep 4, 2026 on Oct 28, 2026.

DYNF

DYNF is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned +14.5% with distributions reinvested, against +13.3% for its benchmark, the MSCI USA Index. The prospectus expense ratio is 0.26% a year. By its holdings published by its issuer for Oct 27, 2026, 95% of the fund by weight is stocks the S&P 500 also holds, across 262 positions, with the top ten at 40.7%.

Questions people ask

Which returned more over the last year, ACWX or DYNF?
In the year to Oct 28, 2026, with distributions reinvested, ACWX returned +14.3% and DYNF +14.5%.
Which is cheaper, ACWX or DYNF?
DYNF is cheaper, by 0.06 percentage points a year. That is about $6 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do ACWX and DYNF overlap with the S&P 500?
By their latest filed holdings, 0% of ACWX and 95% of DYNF by weight is stocks the S&P 500 already holds.
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ETFIQ, ACWX against DYNF, data as of Oct 28, 2026. https://etfiq.com/compare/any/acwx-vs-dynf

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