ACWX vs MCHI: Holdings Overlap
ACWXiShares MSCI ACWI ex U.S. ETF
iShares · 1761 holdings · $11.7B · as of 2026-04-30
iShares · 580 holdings · $6.3B · as of 2026-05-31
Holdings snapshots are 31 days apart (ACWX: 2026-04-30, MCHI: 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 ACWX and MCHI?
iShares MSCI ACWI ex U.S. ETF (ACWX, by iShares) holds 1761 positions; iShares MSCI China ETF (MCHI, by iShares) holds 580. They have 312 holdings in common, and by portfolio weight the two funds are 7.4% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 7.4%Sum of the smaller weight of each shared holding
- Shared Holdings
- 312ACWX holds 1761 · MCHI holds 580
- Weight in Shared Holdings
- ACWX 7%·MCHI 93%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 ACWX
1449 of 1761 positions (92.2% of the fund) are not held by MCHI. Showing the top 30 by weight.
Only in MCHI
268 of 580 positions (6.2% of the fund) are not held by ACWX. Showing the top 30 by weight.
Sector Breakdown
| Sector | ACWX | MCHI |
|---|---|---|
| Financials | 21.6% | 14.8% |
| Consumer Discretionary | 6.5% | 21.1% |
| Information Technology | 17.5% | 7.8% |
| Communication Services | 4.5% | 17.2% |
| Industrials | 12.5% | 1.6% |
| Other Sectors | 25.6% | 8.5% |
| Unclassified | 11.4% | 28.5% |
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 (11% of ACWX, 29% of MCHI).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| ACWX | +3.0% | +16.6% | +28.7% | +19.1% | +9.3% | +9.6% | 2.46% |
| MCHI | +9.3% | -5.2% | -1.0% | +8.7% | -2.2% | +4.3% | 1.94% |
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 ACWX vs MCHI →
Shared Holdings(312)
The top 10 shared positions account for 44% of the overlap, led by 700, 9988 and C6T.
 700Tencent Holdings Ltd. | 1.07% | 13.21% | 1.07% |
|---|---|---|---|
 9988Alibaba Group Holding Ltd | 0.79% | 10.14% | 0.79% |
 C6TChina Construction Bank Corp | 0.31% | 3.97% | 0.31% |
 PDDPDD Holdings Inc. SPONSORED ADS | 0.19% | 2.28% | 0.19% |
 1810Xiaomi Corp | 0.18% | 2.35% | 0.18% |
 ICKIndustrial & Commercial Bank of China Ltd | 0.17% | 2.10% | 0.17% |
 3690Meituan, B Shares | 0.15% | 1.84% | 0.15% |
 2318RUBPing An Insurance Group Co of China Ltd | 0.15% | 1.96% | 0.15% |
 1211RUBBYD Co Ltd | 0.14% | 1.63% | 0.14% |
 W8VBank of China Ltd | 0.13% | 1.80% | 0.13% |
 9999NetEase Inc | 0.12% | 1.63% | 0.12% |
 9618JD.com Inc | 0.10% | 1.31% | 0.10% |
 9888Baidu, Inc., A Shares | 0.10% | 1.44% | 0.10% |
 PC6PetroChina Co Ltd | 0.09% | 1.12% | 0.09% |
 9961Trip.com Group Ltd | 0.09% | 1.11% | 0.09% |
 FJZZijin Mining Group Co Ltd | 0.07% | 0.97% | 0.07% |
 CHLChina Life Insurance Co Ltd | 0.07% | 1.05% | 0.07% |
 M4BChina Merchants Bank Co Ltd | 0.06% | 0.90% | 0.06% |
 EK7Agricultural Bank of China Ltd | 0.06% | 0.77% | 0.06% |
 IKFChina Shenhua Energy Co Ltd | 0.05% | 0.74% | 0.05% |
 IJ0BeOne Medicines Ltd | 0.05% | 0.74% | 0.05% |
 300750Contemporary Amperex Technology Co Ltd | 0.05% | 0.64% | 0.05% |
 YUMCYum China Holdings Inc | 0.05% | 0.59% | 0.05% |
 175Geely Automobile Holdings Ltd | 0.05% | 0.60% | 0.05% |
 1801Innovent Biologics Inc | 0.05% | 0.60% | 0.05% |
Showing the top 250 of 312 shared holdings by overlap weight.
Frequently Asked Questions
How much do ACWX and MCHI overlap?
ACWX and MCHI overlap by 7.4% of portfolio weight. They share 312 holdings (ACWX holds 1761 positions and MCHI holds 580), based on each fund's latest SEC-reported holdings.
Is it redundant to own both ACWX and MCHI?
The two portfolios are 7.4% 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 ACWX and MCHI?
The largest positions held by both funds are 700, 9988, C6T, PDD and 1810. Together the top 10 shared positions account for 44% of the total overlap.
What does ACWX own that MCHI doesn't?
1449 positions (92.2% of ACWX) are unique to ACWX, led by TSMWF, 005930 and ASML. In the other direction, 268 positions (6.2% of MCHI) are unique to MCHI.