ACWI vs IQM: holdings overlap, shared companies and scores
As of October 9, 2026, ACWI and IQM overlap 21.3% by weight. iShares MSCI ACWI ETF (ACWI): Large and mid-cap stocks worldwide. Franklin Intelligent Machines ETF (IQM): AI, automation, and smart manufacturing
Updated October 9, 2026
Where ACWI and IQM 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 115 monthly readings since 2017.
IQM trades at 35.4 times earnings, against its own median of 43.4, and is cheaper than 90% of its own 77 monthly readings since 2020.
What moved ACWI and IQM 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.
IQM fell 2.7% in the week to October 9, 2026. The holdings that moved it most were Sandisk (−8.0%), Celestica (−6.5%) and Teradyne (−10.3%); Arista Networks (+4.5%) pushed the other way.
What do ACWI and IQM each hold?
What's inside ACWI: Tech 38%, Magnificent 7 22%.
26% of ACWI is its ten largest holdings.
What's inside IQM: Tech 69%, Semiconductors 41%.
44% of IQM is its ten largest holdings.
How much do ACWI and IQM overlap? 21.3% by weight
As of October 9, 2026, ACWI and IQM overlap 21.3% by weight.
23% of ACWI is already inside IQM.
85% of IQM is already inside ACWI.
ACWI holds 2,214 companies and IQM holds 79; 56 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 IQM? 6.4 and 7.8 out of 10
As of October 9, 2026, ETF Copilot scores ACWI 6.4 out of 10 and IQM 7.8 out of 10.
They differ most on Value: ACWI 2.4 and IQM 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 | IQM |
|---|---|---|
| Growth | 7.5 | 10.0 |
| Value | 2.4 | 8.9 |
| Risk | 6.8 | 1.0 |
| Quality | 7.6 | 8.4 |
| Return | 6.9 | 9.1 |
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, IQM charges 0.50% a year and holds $89M in assets across 79 positions.
| Measure | ACWI | IQM |
|---|---|---|
| Expense ratio | 0.32% | 0.50% |
| Dividend yield | 1.40% | — |
| Assets under management | $33.3B | $89M |
| Holdings | 2214 | 79 |
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 IQM holdings overlap and scores”, as of October 9, 2026.
https://etf-copilot.com/compare/acwi-vs-iqm
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