Data as of Oct 28, 2026.

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ACWX vs XLB: Differences, Returns & Fees

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Over the year to Oct 28, 2026, ACWX returned +14.3% to XLB's +18.5%; 0% of their weight is in the same names.

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Net assets on Oct 27, 2026: $17.9bn for iShares MSCI ACWI ex U.S. ETF and $8.1bn for State Street Materials Select Sector SPDR ETF.

At a glance
+14.3%
ACWX total return, 1 year
+18.5%
XLB total return, 1 year
0.32%
ACWX expense ratio
0.08%
XLB expense ratio

Pair scorecard

XLB costs 0.24 points a year less; their one-year returns differ by 4.2 points; ACWX is 2.2 times larger.

ACWX vs XLB: Differences, Returns & Fees
MeasureACWXXLB
Return
Total return, 1 year+14.3%+18.5%
Drawdown
Below its high4.9%, high on Sep 4, 2026
Benchmark
What it tracksMSCI ACWI ex USA IndexMaterials Select Sector Index
Cost and size
Expense ratio0.32%0.08%
Net assets, as of Oct 27, 2026$17.9bn$8.1bn
Holdings
Holdings in common0%
Top ten holdings, share of the fund15.6%58.5%

Holdings in common uses holdings dated Oct 27, 2026. Method

What they share

0%

By the books each fund has filed, ACWX and XLB hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first ACWX XLB
NEMETSCHEK 0.01% 6.56%
SODEXO SA 0.01% 3.41%
Only in one fund ↓
Only in ACWX
TAIWAN SEMICONDUCTOR MANUFACTURING 5.07%
SAMSUNG ELECTRONICS LTD 2.19%
ASML HOLDING 1.77%
SK HYNIX 1.56%
ROCHE PS PAR AG 0.95%
TENCENT HOLDINGS 0.85%
SHELL 0.84%
HSBC HOLDINGS PLC 0.81%
Only in XLB
LINDE PLC 12.96%
FREEPORT MCMORAN INC 5.23%
ECOLAB INC 4.98%
VULCAN MATERIALS CO 4.89%
NUCOR CORP 4.89%
AIR PRODUCTS + CHEMICALS INC 4.84%
STEEL DYNAMICS INC 4.77%
SHERWIN WILLIAMS CO 4.73%
Check overlap with more funds →

Side by side

ACWX iShares MSCI ACWI ex U.S. ETF XLB State Street Materials Select Sector SPDR ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the MSCI ACWI ex U.S. Tracks an index of Materials
Total return, 1 year +14.3% +18.5%
Expense ratio 0.32% 0.08%
Already in the S&P 500 0.0% 99.8%
Holdings 1939 25
Net assets, as of Oct 27, 2026 $17.9bn $8.1bn

ACWX and XLB on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

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About each fund
ACWX

ACWX tracks the MSCI ACWI ex U.S.. Over the year to Oct 28, 2026 it returned +14.3% with distributions reinvested. The prospectus expense ratio is 0.32% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 1,939 positions, with the top ten at 15.6%. It sat 4.9% below its high of Sep 4, 2026 on Oct 28, 2026.

XLB

XLB tracks an index of Materials. Over the year to Oct 28, 2026 it returned +18.5% with distributions reinvested. The prospectus expense ratio is 0.08% a year. By its holdings published by its issuer for Oct 27, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 25 positions, with the top ten at 58.5%.

Questions people ask

Which returned more over the last year, ACWX or XLB?
In the year to Oct 28, 2026, with distributions reinvested, ACWX returned +14.3% and XLB +18.5%.
Which is cheaper, ACWX or XLB?
XLB is cheaper, by 0.24 percentage points a year. That is about $24 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do ACWX and XLB overlap with the S&P 500?
By their latest filed holdings, 0% of ACWX and 100% of XLB by weight is stocks the S&P 500 already holds.
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ETFIQ, ACWX against XLB, data as of Oct 28, 2026. https://etfiq.com/compare/any/acwx-vs-xlb

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