Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
ACWX vs EWY: how they differ
ACWX and EWY hold 7% of their weight in the same names, and EWY returned more over the year.
iShares MSCI ACWI ex U.S. ETF and iShares MSCI South Korea ETF.
What they hold in common
By the books each fund has filed, ACWX and EWY hold 7% of their money in the same securities at the same weight.
| Holding | ACWX | EWY |
|---|---|---|
| SAMSUNG ELECTRONICS LTD | 2.50% | 22.13% |
| SK HYNIX | 2.04% | 24.02% |
| SK SQUARE | 0.21% | 3.01% |
| SAMSUNG ELECTRO MECHANICS LTD | 0.16% | 2.46% |
| KB FINANCIAL GROUP | 0.12% | 1.92% |
| HYUNDAI MOTOR | 0.10% | 1.60% |
| SHINHAN FINANCIAL GROUP | 0.09% | 1.57% |
| DOOSAN ENERBILITY LTD | 0.08% | 1.35% |
| HANA FINANCIAL GROUP | 0.07% | 1.31% |
| HANWHA AEROSPACE LTD | 0.07% | 1.23% |
| SAMSUNG SDI LTD | 0.07% | 1.21% |
| SAMSUNG ELECTRONICS NON VOTING PRE | 0.32% | 0.07% |
| Only in ACWX | Only in EWY |
|---|---|
| TAIWAN SEMICONDUCTOR MANUFACTURING 5.09% | ETD KRW BALANCE WITH R93546 0.30% |
| ASML HOLDING 1.77% | LG UPLUS 0.18% |
| HSBC HOLDINGS PLC 0.94% | HLB LTD 0.03% |
| TENCENT HOLDINGS 0.88% | SAMSUNG EPIS HOLDINGS LTD 0.03% |
| ROCHE PS PAR AG 0.79% | ECOPRO BM CO LTD 0.01% |
| ROYAL BANK OF CANADA 0.76% | |
| SHELL PLC 0.70% | |
| MITSUBISHI UFJ FINANCIAL GROUP 0.67% |
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 | EWY iShares MSCI South Korea ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | iShares |
| What it is | MSCI ACWI ex U.S. | MSCI South Korea |
| Total return, 1 year | +23.0% | +147.9% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +5.5 pts | +130.4 pts |
| Expense ratio | 0.32% | 0.59% |
| Already in the S&P 500 | 0.0% | 0.0% |
| Holdings | 1515 | 80 |
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%.
EWY in plain words
EWY is an index equity fund tracking the MSCI South Korea. Over the year to Sep 11, 2026 it returned +147.9% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.59% 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 80 positions, with the top ten at 61.9%. It sat 13.9% below its high of Jun 18, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, ACWX or EWY?
- In the year to Sep 13, 2026, with distributions reinvested, ACWX returned +23.0% and EWY returned +147.9%, so EWY returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, ACWX or EWY?
- ACWX charges 0.32% a year and EWY charges 0.59%, so ACWX is cheaper. Fees come from each fund's prospectus.
- How much do ACWX and EWY overlap with the S&P 500?
- By their latest filed holdings, 0% of ACWX and 0% of EWY by weight is stocks the S&P 500 already holds. Between the two funds, 7% of their books are the same securities at the same weight.
Other comparisons
Where to next
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 EWY, data as of Sep 13, 2026. https://etfiq.com/compare/any/acwx-vs-ewy Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources