ACWI vs IOO: Grades, Fees and Holdings Compared

iShares MSCI ACWI ETF

ACWIBNasdaq

iShares Global 100 ETF

IOOBNYSE Arca

Overlap

39.0%by weight

Expense ratio

ACWI −0.08pt a year

ACWI0.32%IOO0.40%

Avg volume · 30D

ACWI 11.7×the volume

ACWI2.41MIOO206K

10Y return · a year

IOO +3.7pt

ACWI+12.5%IOO+16.2%

ACWI vs IOO Performance

Nov 12, 2021 – Nov 13, 2026

+59.1%ACWI+95.8%IOO

Expense ratio: ACWI 0.32%, better; IOO 0.40%
Fund size: ACWI $32.7B; IOO $9.04B
1Y total return: ACWI +13.1%; IOO +13.1%
Yield (12M): ACWI 1.44%, better; IOO 0.83%
Holdings: ACWI 2220; IOO 113
Avg volume (30D): ACWI 2.41M sh, better; IOO 206K sh
NAV per share: ACWI $156.45; IOO $140.47
52W range

ETF.net Grade

Pillar letters and Scores for ACWI, IOO, with each pillar’s weight
Pillar	ACWI	IOO
Cost30% weight	C42Higher	D27
Mission25% weight	A89	A99Higher
Risk15% weight	C51Higher	C45
Tradability15% weight	A73Higher	B69
Holdings10% weight	C54Higher	D30
Durability5% weight	B67Higher	B60

Rank among MSCI ACWI / World funds

How we build Categories ›

Same Category. ACWI and IOO are both graded against the same 6 MSCI ACWI / World funds, so their Grades compare head to head.

MSCI ACWI / World⁠

Category · 6 funds

See all 6 ›

ACWI ranks 4th and IOO 5th of 6 funds in the MSCI ACWI / World Category.

Rank 1AVTVanguard Total World Stock ETFScore 78
Rank 2ASPGMState Street SPDR Portfolio MSCI Global Stock Market ETFScore 70
Rank 3BCRBNiShares Low Carbon Optimized MSCI ACWI ETFScore 62
Rank 4BACWIiShares MSCI ACWI ETFScore 61
Rank 5BIOOiShares Global 100 ETFScore 56
Rank 6CDGTState Street SPDR Global Dow ETFScore 52

Our read on each fund

ETF.net Research

ACWIBiShares MSCI ACWI ETF

IOOBiShares Global 100 ETF

In short

ACWI ACWI borrows its name from the benchmark pros use as shorthand for "global stocks": large and mid caps across developed and emerging markets, roughly 2,200 of them, bought in one trade.

IOO Global investing boiled down to 100 mega-caps. Running since 2000, IOO tracks the S&P Global 100: blue chips that already sell on every continent, rather than the whole world's market.

Stated mandate

ACWI The fund seeks to track an index of large- and mid-cap equities across developed and emerging markets worldwide.

IOO The Fund seeks to track the investment results of an index composed of 100 large-capitalization global equities.

Why people hold it

ACWI One ticker, both halves of the world map: developed and emerging markets, large and mid caps, roughly 2,200 stocks in a single line item.
Charges 0.32% a year, below the 0.45% median for its index-tracking peer group.
Trading since 2008 and now a multi-billion-dollar fund that changes hands actively, which shows up in tight, dependable execution.
Sticks close to the MSCI All Country World Index it quotes, one of the stronger index implementations in its peer group.

IOO Launched in 2000, one of the original global blue-chip index funds, and a multi-billion-dollar fund today.
Straight indexing, no manager discretion. It has tracked the S&P Global 100 very closely.ishares.com
At 0.40%, it runs a touch under the typical index wrapper in its peer group.
One ticket for global large-cap equity instead of bolting a US fund to an international one.

Worth knowing

ACWI Fee is the trade-off: VT runs the same one-ticker global idea at 0.06%.
The mandate stops at large and mid caps, so the world's smaller companies sit outside the portfolio.
Emerging-market holdings and foreign currencies come with the package, so returns move with more than just US stocks.

IOO About 100 names, so a handful of mega-caps do the heavy lifting. Broad wrappers like VT own thousands.
0.40% is real money beside the broad-index cheapies: VT at 0.06%, SCHK at 0.03%.
Income lands once or twice a year, not monthly, and volume is moderate rather than heavy.

Full ACWI profile⁠

Full IOO profile⁠

ACWI vs IOO Holdings

How ACWI and IOO differ

Overlap by weight

39.0%

Shared holdings make up 99.7% of IOO and 39.0% of ACWI.

Level by level

Holdings102 in both39.0%
Sector11 Sectors81.1%
Countryby domicile84.0%
Asset classStocks100%

Sector

Sector weights in ACWI and IOO, widest gap first
Sector	Gap	ACWI	IOO
Technology	IOO +15.7 points	29.2%	44.9%
Financials	ACWI +7.3 points	17.3%	10.0%
Industrials	ACWI +6.0 points	10.3%	4.3%
Utilities	ACWI +2.0 points	2.5%	0.5%
Materials	ACWI +2.0 points	3.6%	1.6%
Real Estate	ACWI +1.4 points	1.6%	0.2%
Communication	IOO +1.3 points	7.3%	8.6%
Consumer Staples	IOO +1.1 points	5.4%	6.5%
Health Care	IOO +0.6 points	9.6%	10.2%
Consumer Discretionary	ACWI +0.3 points	9.1%	8.8%
Energy	IOO +0.2 points	4.1%	4.3%

Country, concentration and asset class

Country by domicile

Country weights in ACWI and IOO, widest gap first
Country	Gap	ACWI	IOO
United States	IOO +13.0 points	69.4%	82.4%
Taiwan	ACWI +3.4 points	3.4%	0.0%
Canada	ACWI +3.3 points	3.3%	0.0%
Japan	ACWI +3.3 points	5.3%	2.0%
China	ACWI +2.5 points	2.5%	0.0%
India	ACWI +1.5 points	1.5%	0.0%
Australia	ACWI +1.5 points	1.5%	0.0%
Switzerland	IOO +1.0 points	2.2%	3.2%
Other countries (5)	IOO +1.4 points	11.0%	12.4%

Outside the US: ACWI 69% developed, 31% emerging.

Concentration

Weight in the 10 largest Holdings

ACWI24.0%
IOO57.7%

Securities held

ACWI2,190
IOO102

Asset class

ACWI: Stocks
IOO: Stocks

Holdings

Only in ACWI2,088
In both102
Only in IOO0

Only in ACWI

2,088 securities, 60.6% of ACWI by weight

Taiwan Semiconductor Manufacturing1.76%
Meta Platforms Class A1.36%
Tesla Inc1.10%
Micron Technology0.90%
Advanced Micro Devices0.89%
Berkshire Hathaway Inc Class B0.81%
Visa Class A0.69%
Sk Hynix0.52%
AbbVie0.51%
Costco Wholesale Corp0.47%
Palantir Technologies Class A0.37%
UnitedHealth Group0.36%
Home Depot0.34%
Bank of America0.32%
Applied Material Inc0.31%
Lam Research0.29%
Royal Bank of Canada0.28%
Palo Alto Networks0.27%
Netflix0.26%
Wells Fargo0.26%
Amgen Inc0.25%
Crowdstrike Holdings Class A0.22%
Oracle0.22%
Ge Vernova0.21%
Alibaba Group Holding0.21%
Arista Networks0.21%
Gilead Sciences0.21%
Kla0.21%
Walt Disney0.20%
Toronto Dominion0.20%
Analog Devices0.20%
Amphenol Corp Class A0.19%
Verizon Communications Inc0.19%
Commonwealth Bank of Australia0.19%
Nextera Energy0.18%
Shopify Subordinate Voting Class A0.18%
BlackRock0.18%
Union Pacific0.18%
Welltower0.17%
Salesforce0.17%
Mediatek0.17%
American Express0.17%
Deere0.17%
Conocophillips0.16%
Iberdrola0.16%
Intuitive Surgical0.16%
AT&T0.15%
Charles Schwab0.15%
Tjx0.15%
Sumitomo Mitsui Financial Group0.15%

Only in IOO

0 securities, 0.0% of IOO by weight

Weight gaps

The 100 widest of 102 Holdings in both funds.

Holding weights in ACWI and IOO, widest gap first
Holding	Gap	ACWI	IOO
AppleAAPL	IOO +7.67 points	5.13%	12.80%
NVIDIANVDA	IOO +6.45 points	3.92%	10.37%
MicrosoftMSFT	IOO +5.93 points	3.61%	9.54%
Amazon.com IncAMZN	IOO +3.91 points	2.53%	6.44%
Alphabet Class AGOOGL	IOO +2.56 points	1.69%	4.25%
Broadcom IncAVGO	IOO +2.52 points	1.53%	4.05%
Alphabet Class CGOOG	IOO +2.07 points	1.34%	3.41%
Eli LillyLLY	IOO +1.71 points	1.13%	2.84%
JPMorgan Chase & CoJPM	IOO +1.35 points	0.90%	2.25%
Samsung Electronics Ltd	IOO +1.03 points	0.71%	1.74%
Exxonmobil Holdings CorpXOM	IOO +1.01 points	0.68%	1.69%
Johnson & JohnsonJNJ	IOO +1.01 points	0.66%	1.67%
Asml Holding	IOO +0.90 points	0.59%	1.49%
WalmartWMT	IOO +0.84 points	0.54%	1.38%
Mastercard Class AMA	IOO +0.79 points	0.53%	1.32%
ChevronCVX	IOO +0.65 points	0.39%	1.04%
Cisco Systems IncCSCO	IOO +0.59 points	0.39%	0.98%
Procter & GamblePG	IOO +0.58 points	0.38%	0.96%
Coca-ColaKO	IOO +0.56 points	0.37%	0.93%
Merck & Co IncMRK	IOO +0.53 points	0.36%	0.89%
Ge AerospaceGE	IOO +0.53 points	0.35%	0.88%
Roche Ps Par AG	IOO +0.51 points	0.33%	0.84%
Intel CorporationINTC	IOO +0.50 points	0.27%	0.77%
Tencent Holdings	IOO +0.49 points	0.31%	0.80%
Philip Morris InternationalPM	IOO +0.45 points	0.30%	0.75%
Hsbc Holdings PLCHSBA.L	IOO +0.46 points	0.30%	0.76%
Astrazeneca PLCAZN.L	IOO +0.43 points	0.27%	0.70%
Novartis AG	IOO +0.43 points	0.29%	0.72%
Toyota Motor	IOO +0.43 points	0.20%	0.63%
Texas InstrumentTXN	IOO +0.42 points	0.28%	0.70%
ShellSHEL.L	IOO +0.42 points	0.28%	0.70%
Mitsubishi Ufj Financial Group	IOO +0.41 points	0.23%	0.64%
Caterpillar IncCAT	IOO +0.41 points	0.27%	0.68%
RtxRTX	IOO +0.40 points	0.27%	0.67%
Goldman Sachs GroupGS	IOO +0.40 points	0.27%	0.67%
Nestle SA	IOO +0.39 points	0.26%	0.65%
Thermo Fisher ScientificTMO	IOO +0.39 points	0.26%	0.65%
Linde PLCLIN	IOO +0.36 points	0.24%	0.60%
Sap	IOO +0.36 points	0.23%	0.59%
International Business Machines CoIBM	IOO +0.35 points	0.23%	0.58%
Morgan StanleyMS	IOO +0.34 points	0.22%	0.56%
Siemens N AG	IOO +0.32 points	0.22%	0.54%
Bhp Group Ltd	IOO +0.31 points	0.21%	0.52%
CitigroupC	IOO +0.30 points	0.21%	0.51%
PepsicoPEP	IOO +0.29 points	0.19%	0.48%
Allianz	IOO +0.29 points	0.19%	0.48%
Mcdonalds CorpMCD	IOO +0.29 points	0.19%	0.48%
Banco Santander	IOO +0.28 points	0.18%	0.46%
Abbott LaboratoriesABT	IOO +0.28 points	0.19%	0.47%
QualcommQCOM	IOO +0.29 points	0.18%	0.47%
Totalenergies	IOO +0.27 points	0.17%	0.44%
PfizerPFE	IOO +0.25 points	0.16%	0.41%
Sony Group	IOO +0.24 points	0.15%	0.39%
Schneider Electric	IOO +0.24 points	0.14%	0.38%
Accenture PLC Class AACN	IOO +0.23 points	0.15%	0.38%
Ubs Group AG	IOO +0.22 points	0.15%	0.37%
Banco Bilbao Vizcaya Argentaria	IOO +0.21 points	0.15%	0.36%
Unilever PLCULVR.L	IOO +0.21 points	0.14%	0.35%
Abb Ltd	IOO +0.19 points	0.13%	0.32%
Bristol Myers SquibbBMY	IOO +0.19 points	0.13%	0.32%
Bp PLCBP.L	IOO +0.18 points	0.11%	0.29%
Lvmh	IOO +0.17 points	0.11%	0.28%
Loreal SA	IOO +0.17 points	0.11%	0.28%
ServicenowNOW	IOO +0.16 points	0.10%	0.26%
GlaxosmithklineGSK.L	IOO +0.15 points	0.10%	0.25%
Sanofi SA	IOO +0.16 points	0.10%	0.26%
Deutsche Telekom N AG	IOO +0.14 points	0.10%	0.24%
3MMMM	IOO +0.14 points	0.10%	0.24%
MarshMRSH	IOO +0.15 points	0.10%	0.25%
Ing Groep	IOO +0.15 points	0.09%	0.24%
Emerson ElectricEMR	IOO +0.14 points	0.09%	0.23%
American Tower ReitAMT	IOO +0.13 points	0.09%	0.22%
Johnson Controls International PLCJCI	IOO +0.13 points	0.09%	0.22%
Rio TintoRIO.L	IOO +0.13 points	0.09%	0.22%
Axa SA	IOO +0.13 points	0.08%	0.21%
National Grid PLCNG.L	IOO +0.12 points	0.08%	0.20%
Muenchener Rueckversicherungs-Gese	IOO +0.12 points	0.08%	0.20%
Colgate-PalmoliveCL	IOO +0.12 points	0.07%	0.19%
Barclays PLCBARC.L	IOO +0.12 points	0.08%	0.20%
Deutsche Bank AG	IOO +0.11 points	0.06%	0.17%
Aon PLC Class AAON	IOO +0.11 points	0.07%	0.18%
Honeywell International IncHON	IOO +0.11 points	0.07%	0.18%
Kimberly ClarkKMB	IOO +0.09 points	0.07%	0.16%
Anglo American PLCAAL.L	IOO +0.10 points	0.05%	0.15%
Bayer AG	IOO +0.09 points	0.06%	0.15%
Diageo PLCDGE.L	IOO +0.09 points	0.05%	0.14%
Basf N	IOO +0.08 points	0.05%	0.13%
Engie SA	IOO +0.07 points	0.05%	0.12%
Swiss Re AG	IOO +0.08 points	0.05%	0.13%
Ford Motor CoF	IOO +0.07 points	0.05%	0.12%
Honda Motor	IOO +0.07 points	0.04%	0.11%
E.on N	IOO +0.06 points	0.05%	0.11%
Nike Class BNKE	IOO +0.06 points	0.05%	0.11%
Compagnie De Saint Gobain SA	IOO +0.05 points	0.04%	0.09%
Mercedes-Benz Group N AG	IOO +0.05 points	0.03%	0.08%
Prudential PLCPRU.L	IOO +0.05 points	0.03%	0.08%
Bridgestone	IOO +0.04 points	0.03%	0.07%
Seven & I Holdings	IOO +0.05 points	0.02%	0.07%
Canon	IOO +0.04 points	0.02%	0.06%
Hp IncHPQ	IOO +0.03 points	0.03%	0.06%

All 2,192 ACWI holdings⁠All 102 IOO holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

ACWI vs IOO Cost

Overpaying IOO vs ACWI

$1,548

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

ACWI 0.32%
$6,542
IOO 0.40%
$8,090

Amount$10,000

Years30 years

Cost over time

ACWI 0.32%
IOO 0.40%
Overpaying

Year by year

Year	ACWI	IOO	Overpaying
10	$580	$723	$143
20	$2,250	$2,793	$543
30	$6,542	$8,090	$1,548

Expense ratio

0.32%ACWI, cheaper
0.40%IOO

ACWI0.32%IOO0.40%

0.06%0.50%

Middle half of MSCI ACWI / World funds
Median 0.26%

ACWI 4th cheapest of 6 funds

IOO 5th cheapest of 6 funds

ACWI vs IOO Dividends

Last 12 months to Nov 13, 2026

Yield (12M): ACWI 1.44%, better; IOO 0.83%
Payout (12M): ACWI $2.25; IOO $1.17
Last payment: ACWI $1.01; IOO $0.72
Ex-dividend: ACWI Jun 15, 2026; IOO Jun 15, 2026
Paid on: ACWI Jun 18, 2026; IOO Jun 18, 2026
Frequency: ACWI Twice a year; IOO Twice a year

Distribution history

Per share, 2017 to 2026, same scale for both

ACWITwice a year · 21 paymentsAll ACWI payments⁠

IOOTwice a year · 20 paymentsAll IOO payments⁠

ACWI vs IOO Risk

Fall from peak · 5 years

ACWI
IOO

Risk facts

VolatilityStd dev, 3 years: ACWI 11.4%, betterIOO 12.9%
Return per unit of riskSharpe ratio, 3 years: ACWI 1.43IOO 1.55, better
Worst fallMax drawdown, 5 years: ACWI −26.4%IOO −23.5%, better
Market sensitivityBeta, 5 years: ACWI 0.93IOO 0.96; Market = 1

ACWI and IOO in the news

All news⁠

News
OECD raises 2026 growth to 2.9% on AI, lifts 2027 inflation to 3.6%
Sep 23, 2026ACWI
ETF Filings
Calamos to liquidate its Giannis Antetokounmpo sustainable ETF
Sep 11, 2026ACWI

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ACWI vs IOO

In short

Stated mandate

Why people hold it

Worth knowing

How ACWI and IOO differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in ACWI

Only in IOO

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

OECD raises 2026 growth to 2.9% on AI, lifts 2027 inflation to 3.6%

Calamos to liquidate its Giannis Antetokounmpo sustainable ETF

How ACWI and IOO differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in ACWI

Only in IOO

Weight gaps