ACWI
iShares MSCI ACWI ETF
iShares MSCI ACWI Index Fund seeks investment results that correspond to the performance of the MSCI ACWI Index of global equities.
Global
EQUITY
Passive
MANAGEMENT STYLE
19.2 B
ASSETS UNDER MGMT
32 bp
EXPENSES
Fund Basics
| Fund sponsor | Barclays Global Fund Advisors |
| Category | Global |
| Asset class | Equity |
| Website | link... |
| Inception date | Mar 26, 2008 |
| Assets (mns) | $19,243 |
| Expense ratio | 32 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Semi-Annually |
| Taxation | 1099 |
| Stock selection | Market Cap |
| Weighting | Market Cap |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| NVIDIA CORP | 4.5 % |
| APPLE INC | 4.2 % |
| MICROSOFT CORP | 3.8 % |
| AMAZON.COM INC | 2.4 % |
| META PLATFORMS INC | 1.6 % |
| ALPHABET INC. CLASS A | 1.3 % |
| TESLA MOTORS INC | 1.2 % |
| ALPHABET INC. CLASS C | 1.1 % |
| TAIWAN SEMICONDUCTOR MANUFAC | 1.0 % |
| BROADCOM INC. | 0.9 % |
Constituent Breakdown
| Number of holdings | 2321 |
| Herfindahl-Hirschman Index | 80 |
| Wgt avg mkt cap (mns) | $578,385 |
| Large cap (>$10bn) | 95.0% |
| Mid cap ($2-10bn) | 4.7% |
| Small cap (<$2bn) | 0.1% |
| Developed mkts. | 90.4% |
| Emerging mkts. | 9.6% |
Country Exposure
 |
UNITED STATES | 63.7 % |
 |
JAPAN | 4.8 % |
 |
BRITAIN | 3.4 % |
 |
CANADA | 2.5 % |
 |
CHINA | 2.4 % |
 |
SWITZERLAND | 2.3 % |
 |
FRANCE | 2.1 % |
 |
INDIA | 2.0 % |
 |
TAIWAN | 1.9 % |
 |
GERMANY | 1.9 % |
Historical Performance
Standardized Performance (as of 10/31/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 12.3% | 28.2% | 19.1% | 4.4% | 10.4% | 8.8% | 7.2% | Volatility | 12.0% | 11.8% | 13.4% | 16.6% | 20.0% | 17.0% | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.96 | 98% |
| MSCI EAFE | 0.90 | 89% |
| MSCI Emg Mkts | 0.75 | 61% |
Liquidity Measures
| Avg. volume (000) | 2,061 |
| Turnover | 1.3% |
| Avg. Bid/Ask (% of price) | 0.01% |
| ADV of underlying (mns) | $466,539 |
Technical Indicators
| Recent close | $118.64 |
| 30d moving avg. | $119.24 |
| Annualized volatility | 16.8% |
| Relative strength (RSI) | 49 |
| Short interest (ETF) | 8.2% |
| Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. ACWI |
Expenses vs. ACWI |
ALTAR Score™ vs. ACWI |
|---|---|---|---|---|
| URTH | iShares MSCI World ETF | 88.9% | -8 bp | -0.1% |
| VT | Vanguard Total World Stock ETF | 86.2% | -25 bp | +0.2% |
| TOK | iShares MSCI Kokusai ETF | 84.1% | -6 bp | -0.3% |
| KOKU | Xtrackers MSCI Kokusai Equity ETF | 81.5% | -23 bp | -0.1% |
| KLMT | Invesco MSCI Global Climate 500 ETF | 72.5% | -22 bp | +0.1% |
| CRBN | iShares MSCI ACWI Low Carbon Target ETF | 71.3% | -12 bp | -0.1% |
| SPGM | SPDR Portfolio MSCI Global Stock Market ETF | 68.8% | -23 bp | +0.1% |
| ITOT | iShares Core S&P Total U.S. Stock Market ETF | 65.5% | -29 bp | -0.5% |
| IYY | iShares Dow Jones U.S. ETF | 65.5% | -12 bp | -0.5% |
| VTI | Vanguard Total Stock Market ETF | 65.5% | -29 bp | -0.5% |
Risk and Returns: ACWI vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
| 2023 | 2024E | Fwd Est | 2025E | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 11/15/2024
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
ACWI
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.
ALTAR Score™
ACWI
5.3%
Cat. Avg
4.2%
ALTAR Score™ Calculation
Category Overview
There are 375 funds in the Global Equity category, with an average ALTAR Score™
of 4.2% and a standard deviation of
4.6%. ACWI's ALTAR Score™ is approximately
0.2 standard deviations
above
the category average. This places ACWI in the 59th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
ACWISELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Passive Global Equity ETFs |
| # of ETFs | 53 |
| Avg. Expense Ratio | 50.8 bp |
| Std. Deviation | 22.4 bp |
| ACWI (32 bp) Percentile rank | 20 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| ACWI | 32.0 | 1.1 | 33.1 |
| Peer Avg. | 25.4 | 7.7 | 33.2 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .