ACWX vs SPDW: Differences, Returns & Fees

ACWX and SPDW hold 65% of their weight in the same names, and SPDW returned +19.7% over the year. Net assets: $17.6bn on Oct 9, 2026 for iShares MSCI ACWI ex U.S. ETF, and $40.5bn on Oct 8, 2026 for State Street SPDR Portfolio Developed World ex-US ETF.

SPDW costs 0.29 points a year less; their one-year returns differ by 1.5 points; SPDW is 2.3 times larger.

ACWXSPDW
Expense ratio0.32%0.03%
Net assets, as of Oct 8, 2026$17.5bn$40.5bn
Total return, 1 year+18.2%+19.7%
What it tracksMSCI ACWI ex USA IndexS&P Developed Ex-U.S. BMI Index ?
Holdings in common65%
Top ten holdings, share of the fund16.6%12.9%
Below its high3.9%, high on Sep 4, 20264.5%, high on Sep 4, 2026

Holdings in common uses holdings dated Oct 8, 2026.

+18.2%
ACWX total return, 1 year
+19.7%
SPDW total return, 1 year
0.32%
ACWX expense ratio
0.03%
SPDW expense ratio

What they hold in common

By the books each fund has filed, ACWX and SPDW hold 65% 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.

half

65% in common

Positions both hold, largest shared weight first
Holding ACWX SPDW
ASML HOLDING 1.95% 2.15%
SK HYNIX 1.91% 2.21%
HSBC HOLDINGS PLC 0.86% 0.95%
ROCHE PS PAR AG 0.82% 0.90%
SHELL 0.80% 0.88%
ROYAL BANK OF CANADA 0.73% 0.81%
NOVARTIS AG 0.71% 0.79%
ASTRAZENECA PLC 0.65% 0.74%
NESTLE SA 0.65% 0.72%
BHP GROUP LTD 0.60% 0.66%
SIEMENS N AG 0.60% 0.66%
SAP 0.58% 0.64%
Only in ACWX
TAIWAN SEMICONDUCTOR MANUFACTURING 5.41%
TENCENT HOLDINGS 0.89%
MITSUBISHI UFJ FINANCIAL GROUP 0.66%
ALIBABA GROUP HOLDING 0.62%
MEDIATEK 0.60%
SUMITOMO MITSUI FINANCIAL GROUP 0.43%
DELTA ELECTRONICS 0.33%
NOVO NORDISK CLASS B 0.33%
Only in SPDW
SAMSUNG ELECTR GDR REG S 2.68%
MITSUBISHI UFJ FINANCIAL GRO 0.82%
SUMITOMO MITSUI FINANCIAL GR 0.49%
NOVO NORDISK A/S B 0.36%
SAMSUNG ELECTRONICS PREF 0.35%
MUENCHENER RUECKVER AG REG 0.23%
INVESTOR AB B SHS 0.23%
NORDEA BANK ABP 0.19%

Check overlap with more funds →

On the same fields

ACWX
iShares MSCI ACWI ex U.S. ETF
SPDW
State Street SPDR Portfolio Developed World ex-US ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the MSCI ACWI ex U.S. Tracks an index
Total return, 1 year +18.2% +19.7%
S&P 500 over the same days +17.3% +17.3%
Gap to the S&P 500 +1.0 pts +2.4 pts
Expense ratio 0.32% 0.03%
Already in the S&P 500 0.0% 0.0%
Holdings 1908 2448
Net assets, ACWX as of Oct 9, 2026 and SPDW as of Oct 8, 2026 $17.6bn $40.5bn

ACWX and SPDW 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.

SPDW in plain words

SPDW tracks an index. Over the year to Oct 9, 2026 it returned +19.7% with distributions reinvested, against +17.3% for the S&P 500. The prospectus expense ratio is 0.03% 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 2,448 positions, with the top ten at 12.9%. It sat 4.5% below its high of Sep 4, 2026 on Oct 9, 2026.

Questions people ask

Which returned more over the last year, ACWX or SPDW?
In the year to Oct 9, 2026, with distributions reinvested, ACWX returned +18.2% and SPDW +19.7%.
Which is cheaper, ACWX or SPDW?
SPDW is cheaper, by 0.29 percentage points a year. That is about $29 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do ACWX and SPDW overlap with the S&P 500?
By their latest filed holdings, 0% of ACWX and 0% of SPDW by weight is stocks the S&P 500 already holds.
Cite this pageCitation, APA and Markdown

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

Open data

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