ACWV vs EWL: Holdings Overlap
ACWViShares MSCI Global Min Vol Factor ETF
iShares · 412 holdings · $3.4B · as of 2026-05-31
EWLiShares MSCI Switzerland ETF
iShares · 42 holdings · $2.2B · as of 2026-05-31
How similar are ACWV and EWL?
iShares MSCI Global Min Vol Factor ETF (ACWV, by iShares) holds 412 positions; iShares MSCI Switzerland ETF (EWL, by iShares) holds 42. They have 7 holdings in common, and by portfolio weight the two funds are 1.8% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 1.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 7ACWV holds 412 · EWL holds 42
- Weight in Shared Holdings
- ACWV 2%·EWL 29%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 ACWV
405 of 412 positions (97.5% of the fund) are not held by EWL. Showing the top 30 by weight.
Sector Breakdown
| Sector | ACWV | EWL |
|---|---|---|
| Health Care | 12.5% | 37.9% |
| Information Technology | 24.2% | 1.1% |
| Financials | 12.9% | 17.3% |
| Consumer Staples | 9.6% | 14.3% |
| Communication Services | 11.5% | 1.6% |
| Other Sectors | 23.5% | 23.0% |
| Unclassified | 5.1% | 3.2% |
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 (5% of ACWV, 3% of EWL).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| ACWV | +3.3% | +7.6% | +9.5% | +11.3% | +6.1% | +7.4% | 1.87% |
| EWL | +1.7% | +9.5% | +22.3% | +13.4% | +7.3% | +10.1% | 1.69% |
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 ACWV vs EWL →
Shared Holdings(7)
The top 7 shared positions account for 100% of the overlap, led by NOVN, SCMN and LISN.
 NOVNNovartis AG CHF0.49 (REGD) | 0.87% | 13.56% | 0.87% |
|---|---|---|---|
 SCMNSwisscom AG (Registered) | 0.47% | 1.29% | 0.47% |
 LISNChocoladefabriken Lindt & Spruengli AG (Registered) | 0.22% | 0.78% | 0.22% |
 NESNNestle SA CHF0.10 (REGD) | 0.12% | 12.34% | 0.12% |
 BKWBKW AG | 0.09% | 0.36% | 0.09% |
| Euro | 0.01% | 0.04% | 0.01% |
| SWISS FRANC | 0.00% | 0.29% | 0.00% |
Frequently Asked Questions
How much do ACWV and EWL overlap?
ACWV and EWL overlap by 1.8% of portfolio weight. They share 7 holdings (ACWV holds 412 positions and EWL holds 42), based on each fund's latest SEC-reported holdings.
Is it redundant to own both ACWV and EWL?
The two portfolios are 1.8% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of ACWV and EWL?
The largest positions held by both funds are NOVN, SCMN, LISN, NESN and BKW. Together the top 7 shared positions account for 100% of the total overlap.
What does ACWV own that EWL doesn't?
405 positions (97.5% of ACWV) are unique to ACWV, led by CSCO, JNJ and TSMWF. In the other direction, 35 positions (69.7% of EWL) are unique to EWL.