ACWX vs IMFL: Differences, Returns & Fees
ACWX and IMFL hold 54% of their weight in the same names, and IMFL returned +23.1% over the year. Net assets on Oct 9, 2026: $17.6bn for iShares MSCI ACWI ex U.S. ETF and $1.1bn for Invesco International Developed Dynamic Multifactor ETF.
ACWX costs 0.02 points a year less; their one-year returns differ by 4.9 points; ACWX is 16.4 times larger.
| ACWX | IMFL | |
|---|---|---|
| Expense ratio | 0.32% | 0.34% |
| Net assets | $17.6bn | $1.1bn |
| Total return, 1 year | +18.2% | +23.1% |
| What it tracks | MSCI ACWI ex USA Index | not read by ETFIQ |
| Holdings in common | 54% | |
| Holdings dated | Oct 8, 2026 | Oct 10, 2026 |
| Top ten holdings, share of the fund | 16.6% | 21.2% |
| Below its high | 3.9%, high on Sep 4, 2026 | 4.8%, high on Aug 25, 2026 |
Holdings in common uses holdings dated Oct 8, 2026 and Oct 9, 2026.
What they hold in common
By the books each fund has filed, ACWX and IMFL hold 54% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Oct 8, 2026 and Oct 9, 2026.
half
54% in common
On the same fields
ACWX and IMFL on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.
ACWX in plain words
ACWX tracks the MSCI ACWI ex U.S.. Over the year to Oct 9, 2026 it returned +18.2% with distributions reinvested, against +17.3% for the S&P 500. The prospectus expense ratio is 0.32% a year. By its holdings published by its issuer for Oct 8, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 1,908 positions, with the top ten at 16.6%. It sat 3.9% below its high of Sep 4, 2026 on Oct 9, 2026.
IMFL in plain words
IMFL tracks an index. Over the year to Oct 9, 2026 it returned +23.1% with distributions reinvested, against +17.3% for the S&P 500. The prospectus expense ratio is 0.34% a year. By its holdings published by its issuer for Oct 10, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 1,155 positions, with the top ten at 21.2%. It sat 4.8% below its high of Aug 25, 2026 on Oct 9, 2026.
Questions people ask
- Which returned more over the last year, ACWX or IMFL?
- In the year to Oct 9, 2026, with distributions reinvested, ACWX returned +18.2% and IMFL +23.1%.
- Which is cheaper, ACWX or IMFL?
- ACWX is cheaper, by 0.02 percentage points a year. That is about $2 on $10,000 held for a year. Fees come from each fund's prospectus.
ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
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ETFIQ, ACWX against IMFL, data as of Oct 9, 2026. https://etfiq.com/compare/any/acwx-vs-imfl
ETFIQ. (Oct 9, 2026). ACWX against IMFL. Retrieved from https://etfiq.com/compare/any/acwx-vs-imfl
[ACWX against IMFL (ETFIQ, Oct 9, 2026)](https://etfiq.com/compare/any/acwx-vs-imfl)
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