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ETF comparison

ACWX vs IEFA

International Total vs International Developed.

iShares MSCI ACWI ex U.S. ETF · iShares Core MSCI EAFE ETF

Holdings overlap

Weighted by ISIN/CUSIP
59.5 %

674 positions appear in both funds. Buying equal dollars of ACWX and IEFA would leave roughly 59.5% of each dollar exposed to the same underlying securities.

ACWX unmatched 40.3% Shared 59.5% IEFA unmatched 40.1%

Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.

In ACWX only
1,195 positions
Shared
674 positions
In IEFA only
1,939 positions

Side by side

ACWX

iShares MSCI ACWI ex U.S. ETF

iShares · International Total

82 composite / 100
Expense ratio
0.32%
Net assets
$17.31B
TTM yield
2.59%
Top-10 conc.
15.7%
IEFA

iShares Core MSCI EAFE ETF

iShares · International Developed

92 composite / 100
Expense ratio
0.070%
Net assets
$190.21B
TTM yield
3.44%
Top-10 conc.
11.9%

Sub-score comparison

68
Cost
93
78
Tax efficiency
76
100
Liquidity
100
92
Concentration
97
—
Tracking quality
—
ACWX sub-score IEFA

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

IEFA is 25 bps cheaper than ACWX. On a $100,000 position that's about $250/yr more in fees for ACWX.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with ACWX vs IEFA.

Top shared holdings

674 shared in total
# Holding In ACWX In IEFA Overlap
1 ASML Holding N.V. 1.73% 2.50% 1.73%
2 HSBC HOLDINGS PLC 0.98% 1.42% 0.98%
3 Roche Holding AG 0.83% 1.20% 0.83%
4 Novartis AG 0.77% 1.12% 0.77%
5 ASTRAZENECA PLC 0.70% 1.00% 0.70%
6 Nestle S.A. 0.70% 1.00% 0.70%
7 SHELL PLC 0.69% 1.00% 0.69%
8 Siemens Aktiengesellschaft 0.66% 0.95% 0.66%
9 Mitsubishi UFJ Financial Group, Inc. 0.65% 0.93% 0.65%
10 BHP GROUP LIMITED 0.58% 0.83% 0.58%
11 COMMONWEALTH BANK OF AUSTRALIA 0.57% 0.82% 0.57%
12 Banco Santander, S.A. 0.56% 0.79% 0.56%

Only in ACWX

1,195 total
  • Taiwan Semiconductor Manufacturing Company Limited 4.93%
  • Samsung Electronics Co., Ltd. 2.20%
  • SK hynix Inc. 1.70%
  • Tencent Holdings Limited 1.02%
  • ROYAL BANK OF CANADA 0.79%
  • Alibaba Group Holding Limited 0.69%
  • THE TORONTO-DOMINION BANK 0.54%
  • MediaTek Inc. 0.42%
  • SHOPIFY INC. 0.39%
  • BANK OF MONTREAL 0.33%

Only in IEFA

1,939 total
  • DIPLOMA PLC 0.05%
  • BEAZLEY PLC 0.04%
  • IMI PLC 0.04%
  • KOKUSAI ELECTRIC CORPORATION 0.04%
  • BLUESCOPE STEEL LIMITED 0.04%
  • WEIR GROUP PLC(THE) 0.04%
  • STOREBRAND ASA 0.03%
  • Niterra Co., Ltd. 0.03%
  • Mebuki Financial Group, Inc. 0.03%
  • PSP Swiss Property AG 0.03%

Percentages are holdings overlap with the named fund.

Open ACWX or IEFA at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see /methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.