CWI vs SCHF: Differences, Returns & Fees

CWI and SCHF hold 67% of their weight in the same names, and SCHF returned +20.3% over the year. Net assets: $2.9bn on Oct 8, 2026 for State Street SPDR MSCI ACWI ex-US ETF, and $66.5bn on May 31, 2026 for Schwab International Equity ETF.

SCHF costs 0.27 points a year less; their one-year returns differ by 2.5 points.

CWISCHF
Expense ratio0.30%0.03%
Net assets, CWI as of Oct 8, 2026 and SCHF as of May 31, 2026$2.9bn$66.5bn
Total return, 1 year+17.8%+20.3%
What it tracksnot read by ETFIQFTSE Developed ex US Index
Holdings in common67%
Top ten holdings, share of the fund16.1%14.8%
Below its high3.9%, high on Sep 4, 20264.6%, high on Aug 25, 2026

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

+17.8%
CWI total return, 1 year
+20.3%
SCHF total return, 1 year
0.30%
CWI expense ratio
0.03%
SCHF expense ratio

What they hold in common

By the books each fund has filed, CWI and SCHF hold 67% 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 May 31, 2026 and Oct 8, 2026.

half

67% in common

Positions both hold, largest shared weight first
Holding CWI SCHF
ASML HOLDING NV 2.00% 2.10%
SK HYNIX INC 1.88% 2.81%
HSBC HOLDINGS PLC 0.93% 1.08%
ROCHE HOLDING AG 0.85% 0.99%
ROYAL BANK OF CANADA 0.84% 0.90%
SHELL PLC 0.78% 0.80%
NOVARTIS AG REG 0.72% 0.97%
MITSUBISHI UFJ FINANCIAL GRO 0.69% 0.69%
ASTRAZENECA PLC 0.65% 0.93%
NESTLE SA REG 0.65% 0.88%
SIEMENS AG REG 0.65% 0.77%
TORONTO DOMINION BANK 0.63% 0.64%
Only in CWI
TAIWAN SEMICONDUCTOR MANUFAC 3.38%
SAMSUNG ELECTR GDR REG S 2.64%
TAIWAN SEMICONDUCTOR SP ADR 1.96%
TENCENT HOLDINGS LTD 0.85%
ALIBABA GROUP HOLDING LTD 0.58%
MEDIATEK INC 0.52%
DELTA ELECTRONICS INC 0.46%
SAMSUNG ELECTRONICS PREF 0.31%
Only in SCHF
Samsung Electronics Co Ltd 3.32%
Samsung Electronics Co Ltd 0.36%
STMicroelectronics NV 0.15%
Waste Connections Inc 0.13%
Sunbelt Rentals Holdings Inc 0.11%
Amrize Ltd 0.09%
Halma PLC 0.08%
NN Group NV 0.07%

Check overlap with more funds →

On the same fields

CWI
State Street SPDR MSCI ACWI ex-US ETF
SCHF
Schwab International Equity ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index Tracks an index of International Equity
Total return, 1 year +17.8% +20.3%
S&P 500 over the same days +17.3% +17.3%
Gap to the S&P 500 +0.6 pts +3.0 pts
Expense ratio 0.30% 0.03%
Already in the S&P 500 0.0% 0.0%
Holdings 1110 1476
Net assets, CWI as of Oct 8, 2026 and SCHF as of May 31, 2026 $2.9bn $66.5bn

CWI and SCHF on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

CWI in plain words

CWI tracks an index. Over the year to Oct 9, 2026 it returned +17.8% with distributions reinvested, against +17.3% for the S&P 500. The prospectus expense ratio is 0.30% 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 1,110 positions, with the top ten at 16.1%. It sat 3.9% below its high of Sep 4, 2026 on Oct 9, 2026.

SCHF in plain words

SCHF tracks an index of International Equity. Over the year to Oct 9, 2026 it returned +20.3% with distributions reinvested, against +17.3% for the S&P 500. The prospectus expense ratio is 0.03% a year. By its holdings filed for May 31, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 1,476 positions, with the top ten at 14.8%. It sat 4.6% below its high of Aug 25, 2026 on Oct 9, 2026.

Questions people ask

Which returned more over the last year, CWI or SCHF?
In the year to Oct 9, 2026, with distributions reinvested, CWI returned +17.8% and SCHF +20.3%.
Which is cheaper, CWI or SCHF?
SCHF is cheaper, by 0.27 percentage points a year. That is about $27 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do CWI and SCHF overlap with the S&P 500?
By their latest filed holdings, 0% of CWI and 0% of SCHF by weight is stocks the S&P 500 already holds.
Cite this pageCitation, APA and Markdown

ETFIQ, CWI against SCHF, data as of Oct 9, 2026. https://etfiq.com/compare/any/cwi-vs-schf

Open data

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