ETF Copilot

ACWI vs FPAG: holdings overlap, shared companies and scores

As of October 9, 2026, ACWI and FPAG overlap 9.6% by weight. iShares MSCI ACWI ETF (ACWI): Large and mid-cap stocks worldwide. FPA Global Equity ETF (FPAG): Global large- and mid-cap stocks.

Updated October 9, 2026

Where ACWI and FPAG 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.

FPAG trades at 20.2 times earnings, against its own median of 16.9, and is more expensive than 88% of its own last 5 years.

What moved ACWI and FPAG 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.

FPAG rose 0.7% in the week to October 9, 2026. The holdings that moved it most were Nippon Paint (+6.9%), Amazon.com (+4.3%) and Becton Dickinson and (+3.9%); Samsung C&T (−7.9%) pushed the other way.

What do ACWI and FPAG each hold?

What's inside ACWI: Tech 38%, Magnificent 7 22%.

26% of ACWI is its ten largest holdings.

What's inside FPAG: Tech 20%, Magnificent 7 13%.

34% of FPAG is its ten largest holdings.

How much do ACWI and FPAG overlap? 9.6% by weight

As of October 9, 2026, ACWI and FPAG overlap 9.6% by weight.

10% of ACWI is already inside FPAG.

80% of FPAG is already inside ACWI.

ACWI holds 2,214 companies and FPAG holds 67; 48 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 FPAG? 6.4 and 4.1 out of 10

As of October 9, 2026, ETF Copilot scores ACWI 6.4 out of 10 and FPAG 4.1 out of 10.

They differ most on Quality: ACWI 7.6 and FPAG 2.2.

The five factor scores behind them are set out below, 0–10 and higher is better, ranked against every US equity ETF we track.

ACWI vs FPAG — ETF Copilot factor scores, 0–10
FactorACWIFPAG
Growth7.54.0
Value2.40.1
Risk6.87.9
Quality7.62.2
Return6.95.4

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, FPAG charges 0.86% a year, yields 1.31% and holds $628M in assets across 67 positions.

ACWI vs FPAG — cost, income and size
MeasureACWIFPAG
Expense ratio0.32%0.86%
Dividend yield1.40%1.31%
Assets under management$33.3B$628M
Holdings221467

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 FPAG holdings overlap and scores”, as of October 9, 2026.
https://etf-copilot.com/compare/acwi-vs-fpag

  1. iShares MSCI ACWI ETF (ACWI)
  2. FPA Global Equity ETF (FPAG)

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