Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
ACWX vs GOVT: how they differ
ACWX and GOVT hold 0% of their weight in the same names, and ACWX returned more over the year.
iShares MSCI ACWI ex U.S. ETF and iShares U.S. Treasury Bond ETF.
What they hold in common
By the books each fund has filed, ACWX and GOVT hold 0% of their money in the same securities at the same weight.
| Only in ACWX | Only in GOVT |
|---|---|
| TAIWAN SEMICONDUCTOR MANUFACTURING 5.09% | US TREASURY N/B 0.60% |
| SAMSUNG ELECTRONICS LTD 2.50% | TREASURY NOTE (OTR) 0.55% |
| SK HYNIX 2.04% | TREASURY BOND (OLD) 0.42% |
| ASML HOLDING 1.77% | TREASURY NOTE (2OLD) 0.25% |
| HSBC HOLDINGS PLC 0.94% | TREASURY BOND (OTR) 0.16% |
| TENCENT HOLDINGS 0.88% | BLK CSH FND TREASURY SL AGENCY 0.11% |
| ROCHE PS PAR AG 0.79% | TREASURY NOTE (OLD) 0.11% |
| ROYAL BANK OF CANADA 0.76% | TREASURY BOND (2OLD) 0.08% |
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 | GOVT iShares U.S. Treasury Bond ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | iShares |
| What it is | MSCI ACWI ex U.S. | U.S. Treasury Bond |
| Total return, 1 year | +23.0% | −1.0% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +5.5 pts | −18.5 pts |
| Expense ratio | 0.32% | 0.05% |
| Holdings | 1515 | 216 |
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%.
GOVT in plain words
GOVT is a bond fund tracking the U.S. Treasury Bond. Over the year to Sep 11, 2026 it returned −1.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.05% a year. It sat 8.4% below its high of Aug 4, 2020 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, ACWX or GOVT?
- In the year to Sep 13, 2026, with distributions reinvested, ACWX returned +23.0% and GOVT returned −1.0%, so ACWX returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, ACWX or GOVT?
- ACWX charges 0.32% a year and GOVT charges 0.05%, so GOVT is cheaper. Fees come from each fund's prospectus.
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 GOVT, data as of Sep 13, 2026. https://etfiq.com/compare/any/acwx-vs-govt Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources