Data as of Oct 28, 2026.

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ACWX vs XLI: Differences, Returns & Fees

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Over the year to Oct 28, 2026, ACWX returned +14.3% to XLI's +10.2%; 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 $30.8bn for State Street Industrial Select Sector SPDR ETF.

At a glance
+14.3%
ACWX total return, 1 year
+10.2%
XLI total return, 1 year
0.32%
ACWX expense ratio
0.08%
XLI expense ratio

Pair scorecard

XLI costs 0.24 points a year less; their one-year returns differ by 4.1 points; XLI is 1.7 times larger.

ACWX vs XLI: Differences, Returns & Fees
MeasureACWXXLI
Return
Total return, 1 year+14.3%+10.2%
Drawdown
Below its high4.9%, high on Sep 4, 20269.4%, high on Aug 14, 2026
Benchmark
What it tracksMSCI ACWI ex USA IndexIndustrial Select Sector Index
Cost and size
Expense ratio0.32%0.08%
Net assets, as of Oct 27, 2026$17.9bn$30.8bn
Holdings
Holdings in common0%
Top ten holdings, share of the fund15.6%37.8%

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

What they share

0%

By the books each fund has filed, ACWX and XLI 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 XLI
AEROPORTS DE PARIS SA 0.01% 2.18%
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 XLI
CATERPILLAR INC 6.14%
GENERAL ELECTRIC 5.79%
RTX CORP 4.91%
GE VERNOVA INC 4.47%
UNION PACIFIC CORP 3.34%
DEERE + CO 3.01%
EATON CORP PLC 2.79%
UBER TECHNOLOGIES INC 2.52%
Check overlap with more funds →

Side by side

ACWX iShares MSCI ACWI ex U.S. ETF XLI State Street Industrial 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 Industrials
Total return, 1 year +14.3% +10.2%
Its benchmark over the same days not measured +13.6% (SPY)
Gap to its benchmark not measured −3.4 pts vs SPY
Expense ratio 0.32% 0.08%
Already in the S&P 500 0.0% 99.9%
Holdings 1939 84
Net assets, as of Oct 27, 2026 $17.9bn $30.8bn

ACWX and XLI 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.

XLI

XLI tracks an index of Industrials. Over the year to Oct 28, 2026 it returned +10.2% with distributions reinvested, against +13.6% for its benchmark, the S&P 500 Index. 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 84 positions, with the top ten at 37.8%. It sat 9.4% below its high of Aug 14, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, ACWX or XLI?
In the year to Oct 28, 2026, with distributions reinvested, ACWX returned +14.3% and XLI +10.2%.
Which is cheaper, ACWX or XLI?
XLI 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 XLI overlap with the S&P 500?
By their latest filed holdings, 0% of ACWX and 100% of XLI by weight is stocks the S&P 500 already holds.
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ETFIQ, ACWX against XLI, data as of Oct 28, 2026. https://etfiq.com/compare/any/acwx-vs-xli

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