ACWI vs DFNL: holdings overlap, shared companies and scores
As of October 9, 2026, ACWI and DFNL overlap 3.4% by weight. iShares MSCI ACWI ETF (ACWI): Large and mid-cap stocks worldwide. Davis Select Financial ETF (DFNL): Banks, insurers, and capital markets firms.
Updated October 9, 2026
Where ACWI and DFNL trade against their own history
ACWI trades at 21.0 times earnings, against its own median of 18.9, and is more expensive than 66% of its own last 9 years.
DFNL trades at 12.1 times earnings, against its own median of 12.6, and is cheaper than 58% of its own last 9 years.
What moved ACWI and DFNL this week
ACWI rose 0.5% in the week to October 9, 2026. The holdings that moved it most were Microsoft (+3.4%), Amazon.com (+4.3%) and Alphabet (+2.4%); Nvidia (−2.0%) pushed the other way.
DFNL rose 0.7% in the week to October 9, 2026. The holdings that moved it most were Chime Financial (+10.4%), Capital ONE Financial (+2.3%) and Wells Fargo (+3.9%); DBS (−5.1%) pushed the other way.
What do ACWI and DFNL each hold?
What's inside ACWI: Tech 38%, Magnificent 7 22%.
26% of ACWI is its ten largest holdings.
What's inside DFNL: Tech 1%.
57% of DFNL is its ten largest holdings.
How much do ACWI and DFNL overlap? 3.4% by weight
As of October 9, 2026, ACWI and DFNL overlap 3.4% by weight.
3% of ACWI is already inside DFNL.
92% of DFNL is already inside ACWI.
ACWI holds 2,214 companies and DFNL holds 30; 27 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 DFNL? 6.4 and 4.2 out of 10
As of October 9, 2026, ETF Copilot scores ACWI 6.4 out of 10 and DFNL 4.2 out of 10.
They differ most on Quality: ACWI 7.6 and DFNL 1.2.
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 | DFNL |
|---|---|---|
| Growth | 7.5 | 1.6 |
| Value | 2.4 | 7.0 |
| Risk | 6.8 | 4.8 |
| Quality | 7.6 | 1.2 |
| Return | 6.9 | 6.6 |
ACWI is the cheaper of the two at 0.32% a year
As of October 9, 2026, ACWI charges 0.32% a year, yields 1.40% and holds $33.3B in assets across 2214 positions.
As of October 9, 2026, DFNL charges 0.61% a year, yields 1.36% and holds $442M in assets across 30 positions.
| Measure | ACWI | DFNL |
|---|---|---|
| Expense ratio | 0.32% | 0.61% |
| Dividend yield | 1.40% | 1.36% |
| Assets under management | $33.3B | $442M |
| Holdings | 2214 | 30 |
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 DFNL holdings overlap and scores”, as of October 9, 2026.
https://etf-copilot.com/compare/acwi-vs-dfnl
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