ACWI vs DBAW: holdings overlap, shared companies and scores
As of October 28, 2026, ACWI and DBAW overlap 34.6% by weight. iShares MSCI ACWI ETF (ACWI): Large and mid-cap stocks worldwide. Xtrackers MSCI All World ex US Hedged Equity ETF (DBAW): International equities outside the U.S.
Updated October 28, 2026
Where ACWI and DBAW trade against their own history
ACWI trades at 20.7 times earnings, against its own median of 18.9, and is more expensive than 63% of its own last 9 years.
DBAW trades at 15.7 times earnings, against its own median of 15.5, and is more expensive than 58% of its own last 9 years.
What do ACWI and DBAW each hold?
What's inside ACWI: Tech 36%, Magnificent 7 22%.
25% of ACWI is its ten largest holdings.
What's inside DBAW: Tech 21%, Semiconductors 12%.
16% of DBAW is its ten largest holdings.
How much do ACWI and DBAW overlap? 34.6% by weight
As of October 28, 2026, ACWI and DBAW overlap 34.6% by weight.
35% of ACWI is already inside DBAW.
99% of DBAW is already inside ACWI.
ACWI holds 2,211 companies and DBAW holds 1,698; 1,590 are in both.
Computed by ETF Copilot from both funds' holdings rather than quoted from a data provider, and rebuilt nightly.
How does ETF Copilot score ACWI and DBAW? 6.4 and 6.4 out of 10
As of October 28, 2026, ETF Copilot scores ACWI 6.4 out of 10 and DBAW 6.4 out of 10.
They differ most on Risk: ACWI 6.8 and DBAW 8.9.
The five factor scores behind them are set out below, 0–10 and higher is better, ranked against every US equity ETF we track.
| Factor | ACWI | DBAW |
|---|---|---|
| Growth | 7.3 | 6.7 |
| Value | 3.0 | 4.1 |
| Risk | 6.8 | 8.9 |
| Quality | 7.6 | 5.7 |
| Return | 6.6 | 6.4 |
ACWI is the cheaper of the two at 0.32% a year
As of October 28, 2026, ACWI charges 0.32% a year, yields 1.41% and holds $32.8B in assets across 2211 positions.
As of October 28, 2026, DBAW charges 0.40% a year, yields 1.72% and holds $339M in assets across 1698 positions.
| Measure | ACWI | DBAW |
|---|---|---|
| Expense ratio | 0.32% | 0.40% |
| Dividend yield | 1.41% | 1.72% |
| Assets under management | $32.8B | $339M |
| Holdings | 2211 | 1698 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Compare with similar funds
Cite this
ETF Copilot, “ACWI vs DBAW holdings overlap and scores”, as of October 28, 2026.
https://etf-copilot.com/compare/acwi-vs-dbaw
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