Data as of Oct 28, 2026.

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ACWX vs FXI: Differences, Returns & Fees

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Over the year to Oct 28, 2026, ACWX returned +14.3% to FXI's −19.1%; 4% of their weight is in the same names.

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Net assets: $17.9bn on Oct 27, 2026 for iShares MSCI ACWI ex U.S. ETF, and $3.7bn on Oct 28, 2026 for iShares China Large-Cap ETF.

At a glance
+14.3%
ACWX total return, 1 year
−19.1%
FXI total return, 1 year
0.32%
ACWX expense ratio
0.73%
FXI expense ratio

Pair scorecard

ACWX costs 0.41 points a year less; their one-year returns differ by 33.4 points; ACWX is 4.7 times larger.

ACWX vs FXI: Differences, Returns & Fees
MeasureACWXFXI
Return
Total return, 1 year+14.3%−19.1%
Drawdown
Below its high4.9%, high on Sep 4, 202632.7%, high on Feb 17, 2021
Benchmark
What it tracksMSCI ACWI ex USA IndexFTSE China 50 Index
Cost and size
Expense ratio0.32%0.73%
Net assets, as of Oct 23, 2026$17.5bn$3.7bn
Holdings
Holdings in common4%
Top ten holdings, share of the fund15.6%58.4%

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

What they share

4%

By the books each fund has filed, ACWX and FXI hold 4% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

0 half 100%

half

4% in common

Positions both hold · largest shared weight first ACWX FXI
TENCENT HOLDINGS 0.85% 8.60%
ALIBABA GROUP HOLDING 0.59% 8.63%
CHINA CONSTRUCTION BANK CORP H 0.30% 9.81%
INDUSTRIAL AND COMMERCIAL BANK OF 0.19% 6.69%
BANK OF CHINA LTD H 0.16% 4.76%
XIAOMI 0.16% 4.86%
MEITUAN 0.13% 4.58%
NETEASE 0.12% 3.85%
PING AN INSURANCE (GROUP) CO OF CH 0.12% 3.49%
BYD H 0.10% 3.08%
JD.COM CLASS A 0.09% 2.90%
PETROCHINA H 0.08% 2.50%
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%
SHELL 0.84%
HSBC HOLDINGS PLC 0.81%
NOVARTIS AG 0.80%
Only in FXI
GIGADEVICE SEMICONDUCTOR INC CLASS 0.13%
JIANGSU HENGRUI PHARMACEUTICALS LT 0.12%
CHINA EVERBRIGHT BANK LTD H 0.10%
MONTAGE TECHNOLOGY CLASS H 0.10%
FTSE CHINA H50 NOV 26 0.00%
Check overlap with more funds →

Side by side

ACWX iShares MSCI ACWI ex U.S. ETF FXI iShares China Large-Cap ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the MSCI ACWI ex U.S. Tracks an index of China Large-Cap
Total return, 1 year +14.3% −19.1%
Expense ratio 0.32% 0.73%
Already in the S&P 500 0.0% 0.0%
Holdings 1939 51
Net assets, ACWX as of Oct 27, 2026 and FXI as of Oct 28, 2026 $17.9bn $3.7bn

ACWX and FXI 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.

FXI

FXI tracks an index of China Large-Cap. Over the year to Oct 28, 2026 it returned −19.1% with distributions reinvested. The prospectus expense ratio is 0.73% 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 51 positions, with the top ten at 58.4%. It sat 32.7% below its high of Feb 17, 2021 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, ACWX or FXI?
In the year to Oct 28, 2026, with distributions reinvested, ACWX returned +14.3% and FXI −19.1%.
Which is cheaper, ACWX or FXI?
ACWX is cheaper, by 0.41 percentage points a year. That is about $41 on $10,000 held for a year. 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.
Other comparisons
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ETFIQ, ACWX against FXI, data as of Oct 28, 2026. https://etfiq.com/compare/any/acwx-vs-fxi

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