ACWI vs ACWV: Holdings Overlap
iShares · 2308 holdings · $33.2B · as of 2026-04-30
ACWViShares MSCI Global Min Vol Factor ETF
iShares · 412 holdings · $3.4B · as of 2026-05-31
Holdings snapshots are 31 days apart (ACWI: 2026-04-30, ACWV: 2026-05-31). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are ACWI and ACWV?
iShares MSCI ACWI ETF (ACWI, by iShares) holds 2308 positions; iShares MSCI Global Min Vol Factor ETF (ACWV, by iShares) holds 412. They have 407 holdings in common, and by portfolio weight the two funds are 22.6% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 22.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 407ACWI holds 2308 · ACWV holds 412
- Weight in Shared Holdings
- ACWI 38%·ACWV 99%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in ACWI
1901 of 2308 positions (61.7% of the fund) are not held by ACWV. Showing the top 30 by weight.
Sector Breakdown
| Sector | ACWI | ACWV |
|---|---|---|
| Information Technology | 28.2% | 24.2% |
| Financials | 15.5% | 12.9% |
| Health Care | 7.7% | 12.5% |
| Communication Services | 8.8% | 11.5% |
| Industrials | 10.3% | 6.8% |
| Other Sectors | 25.1% | 26.3% |
| Unclassified | 4.1% | 5.1% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts. “Unclassified” is weight we could not classify (4% of ACWI, 5% of ACWV).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| ACWI | +3.2% | +14.8% | +25.0% | +20.4% | +11.3% | +12.8% | 1.39% |
| ACWV | +3.3% | +7.6% | +9.5% | +11.3% | +6.1% | +7.4% | 1.87% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in ACWI vs ACWV →
Shared Holdings(407)
The top 10 shared positions account for 30% of the overlap, led by TSMWF, MSFT and BRK-B.
 TSMWFTaiwan Semiconductor Manufacturing Co. Ltd. | 1.73% | 1.22% | 1.22% |
|---|---|---|---|
 MSFTMicrosoft Corp. COM | 2.90% | 1.13% | 1.13% |
 BRK-BBerkshire Hathaway, Inc., Class B | 0.65% | 1.03% | 0.65% |
 XOMExxon Mobil Corp. COM | 0.65% | 0.89% | 0.65% |
 WMTWalmart Inc COM | 0.58% | 0.61% | 0.58% |
 JNJJohnson & Johnson COM | 0.56% | 1.41% | 0.56% |
 VVisa, Inc., Class A | 0.55% | 0.55% | 0.55% |
 000660SK hynix Inc | 0.49% | 0.49% | 0.49% |
 COSTCostco Wholesale Corporation COM | 0.45% | 0.44% | 0.44% |
 NVDANVIDIA Corp. COM | 4.88% | 0.41% | 0.41% |
 ABBVAbbVie Inc. COM | 0.38% | 0.41% | 0.38% |
 CSCOCisco Systems, Inc. COM | 0.36% | 2.13% | 0.36% |
 PGThe Procter & Gamble Co. COM | 0.35% | 0.78% | 0.35% |
 KOCoca-Cola Co (The) COM | 0.32% | 0.75% | 0.32% |
 NOVNNovartis AG CHF0.49 (REGD) | 0.28% | 0.87% | 0.28% |
 MRKMerck & Co., Inc COM | 0.27% | 0.50% | 0.27% |
 GOOGAlphabet Inc. CAP STK CL C | 1.87% | 0.27% | 0.27% |
 700Tencent Holdings Ltd. | 0.39% | 0.23% | 0.23% |
 PEPPepsico Inc COM | 0.22% | 0.89% | 0.22% |
 IBMInternational Business Machines Corp. COM | 0.22% | 0.72% | 0.22% |
 MCDMcDonald's Corp. COM | 0.21% | 0.91% | 0.21% |
 VZVerizon Communications Inc. COM | 0.20% | 0.84% | 0.20% |
 AMGNAmgen Inc. COM | 0.19% | 0.30% | 0.19% |
 TAT&T Inc COM | 0.19% | 0.86% | 0.19% |
 APHAmphenol Corporation CL A | 0.18% | 0.44% | 0.18% |
Showing the top 250 of 407 shared holdings by overlap weight.
Frequently Asked Questions
How much do ACWI and ACWV overlap?
ACWI and ACWV overlap by 22.6% of portfolio weight. They share 407 holdings (ACWI holds 2308 positions and ACWV holds 412), based on each fund's latest SEC-reported holdings.
Is it redundant to own both ACWI and ACWV?
The two portfolios are 22.6% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of ACWI and ACWV?
The largest positions held by both funds are TSMWF, MSFT, BRK-B, XOM and WMT. Together the top 10 shared positions account for 30% of the total overlap.
What does ACWI own that ACWV doesn't?
1901 positions (61.7% of ACWI) are unique to ACWI, led by AMZN, GOOGL and AVGO. In the other direction, 5 positions (0.1% of ACWV) are unique to ACWV.