ACWV vs GSIE: Holdings Overlap
ACWViShares MSCI Global Min Vol Factor ETF
iShares · 412 holdings · $3.4B · as of 2026-05-31
GSIEGoldman Sachs ActiveBeta(R) International Equity ETF
Goldman Sachs · 657 holdings · $6.0B · as of 2026-05-31
How similar are ACWV and GSIE?
iShares MSCI Global Min Vol Factor ETF (ACWV, by iShares) holds 412 positions; Goldman Sachs ActiveBeta(R) International Equity ETF (GSIE, by Goldman Sachs) holds 657. They have 75 holdings in common, and by portfolio weight the two funds are 8.7% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 8.7%Sum of the smaller weight of each shared holding
- Shared Holdings
- 75ACWV holds 412 · GSIE holds 657
- Weight in Shared Holdings
- ACWV 20%·GSIE 13%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
337 of 412 positions (79.8% of the fund) are not held by GSIE. Showing the top 30 by weight.
Only in GSIE
582 of 657 positions (85.9% of the fund) are not held by ACWV. Showing the top 30 by weight.
Sector Breakdown
| Sector | ACWV | GSIE |
|---|---|---|
| Information Technology | 24.2% | 9.0% |
| Financials | 12.9% | 24.0% |
| Industrials | 6.8% | 15.3% |
| Health Care | 12.5% | 8.0% |
| Communication Services | 11.5% | 3.2% |
| Other Sectors | 26.3% | 24.9% |
| Unclassified | 5.1% | 15.0% |
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, 15% of GSIE).
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% |
| GSIE | +5.0% | +14.2% | +23.8% | +18.4% | +9.5% | +9.8% | 2.43% |
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 GSIE →
Shared Holdings(75)
The top 10 shared positions account for 36% of the overlap, led by NOVN, CSU and L.
 NOVNNovartis AG CHF0.49 (REGD) | 0.87% | 1.02% | 0.87% |
|---|---|---|---|
 CSUConstellation Software Inc/Canada | 0.57% | 0.31% | 0.31% |
 LLoblaw Cos. Ltd. | 0.31% | 0.32% | 0.31% |
 NOKIANokia Oyj | 0.39% | 0.27% | 0.27% |
 DBSDBS Group Holdings Ltd. NPV | 0.27% | 0.40% | 0.27% |
 SAPSAP SE ORD NPV | 0.25% | 0.48% | 0.25% |
 4502Takeda Pharmaceutical Co Ltd. NPV | 0.50% | 0.25% | 0.25% |
 DTEDeutsche Telekom AG (Registered) | 0.53% | 0.22% | 0.22% |
 HLMAHalma PLC | 0.36% | 0.21% | 0.21% |
 4503Astellas Pharma Inc. NPV | 0.24% | 0.20% | 0.20% |
 2388BOC Hong Kong (Holdings) Ltd. NPV | 0.20% | 0.18% | 0.18% |
 ADKoninklijke Ahold Delhaize NV EUR0.01 | 0.18% | 0.46% | 0.18% |
 6841Yokogawa Electric Corporation NPV | 0.15% | 0.19% | 0.15% |
 1605Inpex Corp. NPV | 0.20% | 0.15% | 0.15% |
 6702Fujitsu Ltd. NPV | 0.36% | 0.15% | 0.15% |
 4578Otsuka Holdings Co Ltd. NPV | 0.43% | 0.15% | 0.15% |
 GIBCGI Inc CL A SUB VTG | 0.29% | 0.14% | 0.14% |
 6971KYOCERA Corp. NPV | 0.59% | 0.13% | 0.13% |
 9531Tokyo Gas Co Ltd NPV | 0.13% | 0.18% | 0.13% |
 ARGXBArgenx SE | 0.41% | 0.13% | 0.13% |
 ORAOrange SA | 0.83% | 0.12% | 0.12% |
 ASMLASML Holding N.V. EUR0.09 | 0.12% | 2.11% | 0.12% |
 NESNNestle SA CHF0.10 (REGD) | 0.12% | 0.60% | 0.12% |
 6701NEC Corp. NPV | 0.12% | 0.20% | 0.12% |
 7751Canon Inc. NPV | 0.49% | 0.11% | 0.11% |
Frequently Asked Questions
How much do ACWV and GSIE overlap?
ACWV and GSIE overlap by 8.7% of portfolio weight. They share 75 holdings (ACWV holds 412 positions and GSIE holds 657), based on each fund's latest SEC-reported holdings.
Is it redundant to own both ACWV and GSIE?
The two portfolios are 8.7% 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 ACWV and GSIE?
The largest positions held by both funds are NOVN, CSU, L, NOKIA and DBS. Together the top 10 shared positions account for 36% of the total overlap.
What does ACWV own that GSIE doesn't?
337 positions (79.8% of ACWV) are unique to ACWV, led by CSCO, JNJ and TSMWF. In the other direction, 582 positions (85.9% of GSIE) are unique to GSIE.