Which returned more over the last year, ACWX or IQDF?

In the year to Oct 9, 2026, with distributions reinvested, ACWX returned +18.2% and IQDF +24.5%.

Which is cheaper, ACWX or IQDF?

ACWX is cheaper, by 0.15 percentage points a year. That is about $15 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do ACWX and IQDF overlap with the S&P 500?

By their latest filed holdings, 0% of ACWX and 0% of IQDF by weight is stocks the S&P 500 already holds.

Share on X Download as PDF

Ask IQ about these two funds

ACWX vs IQDF: Differences, Returns & Fees

ACWX and IQDF hold 23% of their weight in the same names, and IQDF returned +24.5% over the year. Net assets: $17.6bn on Oct 9, 2026 for iShares MSCI ACWI ex U.S. ETF, and $1.2bn on Jul 31, 2026 for Northern Trust International Quality Dividend ETF.

ACWX costs 0.15 points a year less; their one-year returns differ by 6.3 points; ACWX is 10.0 times larger.

	ACWX	IQDF
Expense ratio	0.32%	0.47%
Net assets, as of Jul 31, 2026	$11.5bn	$1.2bn
Total return, 1 year	+18.2%	+24.5%
What it tracks	MSCI ACWI ex USA Index	not read by ETFIQ
Holdings in common	23%
Top ten holdings, share of the fund	16.6%	19.8%
Below its high	3.9%, high on Sep 4, 2026	4.3%, high on Sep 8, 2026

Holdings in common uses holdings dated Jul 31, 2026 and Oct 8, 2026.

+18.2%

ACWX total return, 1 year

+24.5%

IQDF total return, 1 year

0.32%

ACWX expense ratio

0.47%

IQDF expense ratio

What they hold in common

By the books each fund has filed, ACWX and IQDF hold 23% 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 Jul 31, 2026 and Oct 8, 2026.

50%

half

23% in common

Positions both hold, largest shared weight first

Holding ACWX IQDF

TAIWAN SEMICONDUCTOR MANUFACTURING 5.41% 4.55%

SAMSUNG ELECTRONICS LTD 2.52% 1.92%

SK HYNIX 1.91% 1.34%

ASML HOLDING 1.95% 1.22%

MITSUBISHI UFJ FINANCIAL GROUP 0.66% 0.70%

NESTLE SA 0.65% 1.02%

ROYAL BANK OF CANADA 0.73% 0.63%

BHP GROUP LTD 0.60% 1.44%

MEDIATEK 0.60% 1.99%

TENCENT HOLDINGS 0.89% 0.56%

ADVANTEST 0.52% 2.13%

TOKYO ELECTRON 0.47% 2.10%

Only in ACWX

ROCHE PS PAR AG 0.82%

SIEMENS N AG 0.60%

SHOPIFY SUBORDINATE VOTING CLASS A 0.55%

BANCO SANTANDER 0.53%

TORONTO DOMINION 0.52%

TOYOTA MOTOR 0.48%

ALLIANZ 0.47%

COMMONWEALTH BANK OF AUSTRALIA 0.47%

Only in IQDF

Novo Nordisk A/S 1.63%

Intesa Sanpaolo SpA 1.44%

Enel SpA 1.25%

UniCredit SpA 1.17%

Toronto-Dominion Bank (The) 1.05%

Swedbank AB 0.92%

Legal & General Group plc 0.89%

BB Seguridade Participacoes SA 0.88%

Check overlap with more funds →

On the same fields

ACWX

iShares MSCI ACWI ex U.S. ETF

IQDF

Northern Trust International Quality Dividend ETF

Where it sits Stock ETF Stock ETF

Issuer iShares Northern Trust

What it is Tracks the MSCI ACWI ex U.S. Tracks an index

Total return, 1 year +18.2% +24.5%

S&P 500 over the same days +17.3% +17.3%

Gap to the S&P 500 +1.0 pts +7.2 pts

Expense ratio 0.32% 0.47%

Already in the S&P 500 0.0% 0.0%

Holdings 1908 182

Net assets, ACWX as of Oct 9, 2026 and IQDF as of Jul 31, 2026 $17.6bn $1.2bn

ACWX and IQDF 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.

IQDF in plain words

IQDF tracks an index. Over the year to Oct 9, 2026 it returned +24.5% with distributions reinvested, against +17.3% for the S&P 500. The prospectus expense ratio is 0.47% a year. By its holdings filed for Jul 31, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 182 positions, with the top ten at 19.8%. It sat 4.3% below its high of Sep 8, 2026 on Oct 9, 2026.

Questions people ask

Which returned more over the last year, ACWX or IQDF?: In the year to Oct 9, 2026, with distributions reinvested, ACWX returned +18.2% and IQDF +24.5%.
Which is cheaper, ACWX or IQDF?: ACWX is cheaper, by 0.15 percentage points a year. That is about $15 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do ACWX and IQDF overlap with the S&P 500?: By their latest filed holdings, 0% of ACWX and 0% of IQDF by weight is stocks the S&P 500 already holds.

Other comparisons

ACWX vs CORO ACWX vs IQLT ACWX vs DFIC ACWX vs IDEV DFAI vs IQDF DFIC vs IQDF IQDF vs IQLT CORO vs IQDF

ACWX on its own →IQDF on its own →Hold both: look the portfolio through →Rankings →Standards and sources →

Where these figures came from

ACWX filings on SEC EDGAR ↗ACWX prospectus with the expense ratio (SEC) ↗iShares page for ACWX ↗IQDF filings on SEC EDGAR ↗IQDF prospectus with the expense ratio (SEC) ↗

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.

Cite this pageCitation, APA and Markdown

ETFIQ, ACWX against IQDF, data as of Oct 9, 2026. https://etfiq.com/compare/any/acwx-vs-iqdf

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.