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 (Ticker: ACWI) is a global multi-region equity fund, issued by iShares. It ranks #73 among 458 tracked ETFs across all categories, indicating a moderate position in the market. The fund has an overall grade of B (score 72.1/100), reflecting a balanced performance. With an expense ratio of 0.32%, it is cost-effective, and its dividend yield of 1.44% provides a modest income stream. The fund's price of $160.81 and assets under management (AUM) of $32.5B suggest strong investor adoption, as the high AUM indicates substantial investor interest and confidence in the fund's performance and stability.

The iShares MSCI ACWI ETF shows a mix of short-term and long-term performance trends. Over the past year, the fund has delivered a strong return of +23.18%, while over the past three years, it has seen a remarkable gain of +77.47%. This indicates a positive trend, especially in the longer term. However, in the shorter term, the fund experienced a slight decline of -0.91% over the past week, which could be attributed to market volatility. The 1-month return of +4.19% suggests a recovery in the recent period, and the 6-month return of +9.64% further supports a positive trend. The year-to-date return of +13.59% and the 1-year return of +23.18% indicate consistent growth, with the 3-year return showing a significant outperformance, highlighting the fund's ability to generate strong returns over extended periods.

The iShares MSCI ACWI ETF is labeled as having low volatility, with a beta of 0.97, indicating that it tends to move in line with the market but with slightly less sensitivity. The Sharpe ratio of 1.30 suggests that the fund provides a good risk-adjusted return, meaning that the returns are relatively high compared to the level of risk taken. The maximum drawdown of -16.55% indicates that the fund experienced a significant decline in value, but it has since recovered. This combination of low volatility, a positive Sharpe ratio, and a moderate drawdown suggests that the fund is well-positioned to weather market downturns while still providing solid returns. The low volatility and beta imply that the fund is less sensitive to market fluctuations, making it potentially suitable for investors seeking a balanced approach with lower risk tolerance.

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

ACWI Top Holdings

Holdings as of 2026-04-30 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 24.5% 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 9 of the same companies as ACWI's top 10 (24.5% 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: 4.69% (as of 2026-08-20) — 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): 16.01 (as of 2026-08-20) — 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: 3.63% (as of 2026-07-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

Trade-Weighted US Dollar Index: 118.90 (as of 2026-08-14) — 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.

See it in a portfolio

ACWI isn't one of the twelve funds in the portfolio game, but VXUS — International — sits in the same category and is. It is an equivalent, not a substitute: different holdings, different fee, different returns.

Free, no sign-up, virtual money only.

ACWI Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 6.22% and average daily volume is 3.0M/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $32.5B 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