Get the weekly note

Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

ACWX vs QQQ: how they differ

ACWX and QQQ hold 0% of their weight in the same names.

iShares MSCI ACWI ex U.S. ETF and Invesco QQQ Trust.

What they hold in common

By the books each fund has filed, ACWX and QQQ hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in ACWXOnly in QQQ
TAIWAN SEMICONDUCTOR MANUFACTURING 5.09%NVIDIA Corp 8.52%
SAMSUNG ELECTRONICS LTD 2.50%Apple Inc 7.72%
SK HYNIX 2.04%Microsoft Corp 5.89%
ASML HOLDING 1.77%Micron Technology Inc 4.90%
HSBC HOLDINGS PLC 0.94%Amazon.com Inc 4.36%
TENCENT HOLDINGS 0.88%Advanced Micro Devices Inc 3.65%
ROCHE PS PAR AG 0.79%Alphabet Inc 3.12%
ROYAL BANK OF CANADA 0.76%Meta Platforms Inc 3.07%

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 and QQQ on the fields both publish, as of Sep 13, 2026. Source: ETFIQ.
ACWX
iShares MSCI ACWI ex U.S. ETF
QQQ
Invesco QQQ Trust
Where it sitsCore index fundCore index fund
IssueriSharesInvesco
What it isMSCI ACWI ex U.S.Nasdaq-100
Total return, 1 year+23.0%+23.0%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500+5.5 pts+5.5 pts
Expense ratio0.32%0.18%
Already in the S&P 5000.0%96.7%
Holdings1515105

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%.

QQQ in plain words

QQQ is an index equity fund tracking the Nasdaq-100. The prospectus expense ratio is 0.18% a year. By its holdings filed for Sep 10, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 105 positions, with the top ten at 47.0%. It sat 4.1% below its high of Jun 2, 2026 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, ACWX or QQQ?
In the year to Sep 13, 2026, with distributions reinvested, ACWX returned +23.0% and QQQ returned +23.0%, so ACWX returned more. One year is one year; the longer windows are in the table.
Which is cheaper, ACWX or QQQ?
ACWX charges 0.32% a year and QQQ charges 0.18%, so QQQ is cheaper. Fees come from each fund's prospectus.
How much do ACWX and QQQ overlap with the S&P 500?
By their latest filed holdings, 0% of ACWX and 97% of QQQ by weight is stocks the S&P 500 already holds. Between the two funds, 0% 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.

ACWX against QQQ, ETFIQ, data as of Sep 13, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, ACWX against QQQ, data as of Sep 13, 2026. https://etfiq.com/compare/any/acwx-vs-qqq Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources