Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
ACWX vs EMXC: how they differ
ACWX and EMXC hold 27% of their weight in the same names, and EMXC returned more over the year.
iShares MSCI ACWI ex U.S. ETF and iShares MSCI Emerging Markets ex China ETF.
What they hold in common
By the books each fund has filed, ACWX and EMXC hold 27% of their money in the same securities at the same weight.
| Holding | ACWX | EMXC |
|---|---|---|
| TAIWAN SEMICONDUCTOR MANUFACTURING | 5.09% | 18.85% |
| SAMSUNG ELECTRONICS LTD | 2.50% | 9.26% |
| SK HYNIX | 2.04% | 7.53% |
| MEDIATEK | 0.57% | 2.12% |
| SAMSUNG ELECTRONICS NON VOTING PRE | 0.32% | 1.20% |
| DELTA ELECTRONICS | 0.27% | 1.02% |
| HON HAI PRECISION INDUSTRY | 0.26% | 0.96% |
| HDFC BANK | 0.21% | 0.81% |
| SK SQUARE | 0.21% | 0.77% |
| RELIANCE INDUSTRIES LTD | 0.20% | 0.76% |
| ICICI BANK | 0.19% | 0.75% |
| ASE TECHNOLOGY HOLDING | 0.18% | 0.68% |
| Only in ACWX | Only in EMXC |
|---|---|
| ASML HOLDING 1.77% | ITAU UNIBANCO HOLDING SA 0.05% |
| HSBC HOLDINGS PLC 0.94% | MISC 0.03% |
| TENCENT HOLDINGS 0.88% | SD GUTHRIE 0.03% |
| ROCHE PS PAR AG 0.79% | ADES HOLDING CO 0.02% |
| ROYAL BANK OF CANADA 0.76% | ASTOR ENERJI A.S. 0.02% |
| SHELL PLC 0.70% | BARITO PACIFIC 0.02% |
| MITSUBISHI UFJ FINANCIAL GROUP 0.67% | CAIXA SEGURIDADE PARTICIPACOES SA 0.02% |
| NOVARTIS AG 0.67% | CPFL ENERGIA 0.02% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 10, 2026.
| ACWX iShares MSCI ACWI ex U.S. ETF | EMXC iShares MSCI Emerging Markets ex China ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | iShares |
| What it is | MSCI ACWI ex U.S. | MSCI Emerging Markets ex China |
| Total return, 1 year | +23.0% | +55.5% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +5.5 pts | +38.0 pts |
| Expense ratio | 0.32% | 0.25% |
| Already in the S&P 500 | 0.0% | 0.0% |
| Holdings | 1515 | 597 |
ACWX in plain words
ACWX is an index equity fund tracking the MSCI ACWI ex U.S.. Over the year to Sep 11, 2026 it returned +23.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.32% a year. By its holdings filed for Sep 10, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 1515 positions, with the top ten at 16.1%.
EMXC in plain words
EMXC is an index equity fund tracking the MSCI Emerging Markets ex China. Over the year to Sep 11, 2026 it returned +55.5% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.25% a year. By its holdings filed for Sep 10, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 597 positions, with the top ten at 43.3%. It sat 5.5% below its high of Jun 22, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, ACWX or EMXC?
- In the year to Sep 13, 2026, with distributions reinvested, ACWX returned +23.0% and EMXC returned +55.5%, so EMXC returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, ACWX or EMXC?
- ACWX charges 0.32% a year and EMXC charges 0.25%, so EMXC is cheaper. Fees come from each fund's prospectus.
- How much do ACWX and EMXC overlap with the S&P 500?
- By their latest filed holdings, 0% of ACWX and 0% of EMXC by weight is stocks the S&P 500 already holds. Between the two funds, 27% of their books are the same securities at the same weight.
Other comparisons
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, ACWX against EMXC, data as of Sep 13, 2026. https://etfiq.com/compare/any/acwx-vs-emxc Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources