ACWI — iShares MSCI ACWI ETF

ACWI Price Performance — Growth of $10,000

Value of a $10,000 investment in ACWI over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

ACWI Drawdown

The "underwater" chart: ACWI's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The iShares MSCI ACWI ETF is a Global Multi-Region fund issued by iShares with $32.8 billion in assets under management. It holds an overall rank of #78 among 458 tracked ETFs and sits at #4 of 8 within its specific category, earning an ETFValuer grade of B. The fund’s 0.32% expense ratio exceeds the category median of 0.24%, while its 1.40% dividend yield trails the peer average of 1.93%. Concentration in the top ten holdings accounts for 24.3% of assets, with NVIDIA CORPORATION representing the largest single position at 4.6%.

The fund’s price of $160.71 places it at 92.8% of its 52-week range, reflecting a strong upward trajectory over the past year. One-year returns of +16.51% slightly outpace the category median of +16.43%, though recent short-term performance shows a -0.70% daily decline. Longer-term momentum is evident in the 3Y return of +80.99%, contrasting with a modest 1M change of -0.26%. The ETFValuer grade has remained unchanged at B across the last 35 tracked days, despite the fund having only 3.0 years of price history available.

With a beta of 0.97, the ETF moves in close alignment with the broader market, exhibiting a Low volatility rating of 14.26% annualised. A Sharpe ratio of 0.81 indicates reasonable risk-adjusted returns relative to the fund's price fluctuations. The maximum drawdown of -16.55% highlights the peak-to-trough decline experienced during the record period. Liquidity is supported by an average daily volume of 2,274,677 shares, facilitating standard trading activity.

AI-generated summary based on the data on this page.

ACWI Top Holdings

Holdings as of 2026-07-31 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 24.3% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how ACWI's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With ACWI

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with ACWI's top 10 — VT overlaps most, holding 8 of the same companies as ACWI's top 10 (23.2% of ACWI's assets).

Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.

Market Backdrop

10-Year Treasury Yield: 5.27% (as of 2026-10-06) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 15.01 (as of 2026-10-06) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.75% (as of 2026-09-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

Trade-Weighted US Dollar Index: 121.38 (as of 2026-10-02) — Measures the US dollar’s strength against major trading-partner currencies — dollar moves directly affect the US-dollar value of this fund’s international holdings.

ACWI Liquidity, Domicile & Tax Treatment

Liquidity: Average daily volume is 2.3M/day. Higher volume and a larger fund generally mean lower round-trip trading costs. AUM of $32.8B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: ACWI is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

ACWI Performance History

How ACWI Compares to Other Global Multi-Region ETFs