Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
ACWX vs FXI: how they differ
ACWX and FXI hold 4% of their weight in the same names, and ACWX returned more over the year.
iShares MSCI ACWI ex U.S. ETF and iShares China Large-Cap ETF.
What they hold in common
By the books each fund has filed, ACWX and FXI hold 4% of their money in the same securities at the same weight.
| Holding | ACWX | FXI |
|---|---|---|
| TENCENT HOLDINGS | 0.88% | 8.34% |
| ALIBABA GROUP HOLDING | 0.61% | 9.14% |
| CHINA CONSTRUCTION BANK CORP H | 0.29% | 9.88% |
| XIAOMI | 0.15% | 4.83% |
| BANK OF CHINA LTD H | 0.14% | 4.32% |
| MEITUAN | 0.13% | 4.36% |
| PING AN INSURANCE (GROUP) CO OF CH | 0.12% | 3.80% |
| NETEASE | 0.11% | 3.56% |
| BYD H | 0.10% | 3.14% |
| BLK CSH FND TREASURY SL AGENCY | 0.11% | 0.08% |
| CHINA LIFE INSURANCE LTD H | 0.08% | 2.41% |
| JD.COM CLASS A | 0.08% | 2.78% |
| Only in ACWX | Only in FXI |
|---|---|
| TAIWAN SEMICONDUCTOR MANUFACTURING 5.09% | JIANGSU HENGRUI PHARMACEUTICALS LT 0.11% |
| SAMSUNG ELECTRONICS LTD 2.50% | GIGADEVICE SEMICONDUCTOR INC CLASS 0.10% |
| SK HYNIX 2.04% | CHINA EVERBRIGHT BANK LTD H 0.09% |
| ASML HOLDING 1.77% | S.F. HOLDING LTD CLASS H 0.08% |
| HSBC HOLDINGS PLC 0.94% | CASH COLLATERAL USD SGAFT 0.02% |
| ROCHE PS PAR AG 0.79% | |
| ROYAL BANK OF CANADA 0.76% | |
| SHELL PLC 0.70% |
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 | FXI iShares China Large-Cap ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | iShares |
| What it is | MSCI ACWI ex U.S. | China Large-Cap |
| Total return, 1 year | +23.0% | −13.8% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +5.5 pts | −31.3 pts |
| Expense ratio | 0.32% | 0.73% |
| Already in the S&P 500 | 0.0% | 0.0% |
| Holdings | 1515 | 53 |
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%.
FXI in plain words
FXI is an index equity fund tracking the China Large-Cap. Over the year to Sep 11, 2026 it returned −13.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.73% 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 53 positions, with the top ten at 57.9%. It sat 28.5% below its high of Feb 17, 2021 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, ACWX or FXI?
- In the year to Sep 13, 2026, with distributions reinvested, ACWX returned +23.0% and FXI returned −13.8%, so ACWX returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, ACWX or FXI?
- ACWX charges 0.32% a year and FXI charges 0.73%, so ACWX is cheaper. Fees come from each fund's prospectus.
- How much do ACWX and FXI overlap with the S&P 500?
- By their latest filed holdings, 0% of ACWX and 0% of FXI by weight is stocks the S&P 500 already holds. Between the two funds, 4% 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 FXI, data as of Sep 13, 2026. https://etfiq.com/compare/any/acwx-vs-fxi Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources