ACWI vs PWB: holdings overlap, shared companies and scores
As of September 11, 2026, ACWI and PWB overlap 24.2% by weight. iShares MSCI ACWI ETF (ACWI): Large- and mid-cap global stocks. Invesco Large Cap Growth ETF (PWB): U.S. large-cap growth stocks.
Updated September 11, 2026
How much do ACWI and PWB overlap?
As of September 11, 2026, ACWI and PWB overlap 24.2% by weight.
27% of ACWI is already inside PWB.
100% of PWB is already inside ACWI.
ACWI holds 2,169 companies and PWB holds 50; 50 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 PWB?
As of September 11, 2026, ETF Copilot scores ACWI 5.5 out of 10 and PWB 6.1 out of 10.
They differ most on Return: ACWI 6.7 and PWB 9.1.
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 | PWB |
|---|---|---|
| Growth | 5.3 | 6.9 |
| Valuation | 2.2 | 1.4 |
| Risk | 5.0 | 3.0 |
| Quality | 7.8 | 8.2 |
| Return | 6.7 | 9.1 |
ACWI is the cheaper of the two at 0.32% a year
As of September 11, 2026, ACWI charges 0.32% a year, yields 1.62% and holds $33.4B in assets across 2169 positions.
As of September 11, 2026, PWB charges 0.55% a year, yields 0.60% and holds $2.5B in assets across 50 positions.
| Measure | ACWI | PWB |
|---|---|---|
| Expense ratio | 0.32% | 0.55% |
| Dividend yield | 1.62% | 0.60% |
| Assets under management | $33.4B | $2.5B |
| Holdings | 2169 | 50 |
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.
Where ACWI and PWB trade against their own history
ACWI trades at 21.4 times earnings, against its own median of 17.7, and is more expensive than 86% of its own 114 monthly readings since 2017.
PWB trades at 35.2 times earnings, against its own median of 27.7, and is more expensive than 89% of its own 114 monthly readings since 2017.
What moved ACWI and PWB this week
ACWI fell 1.0% in the week to September 11, 2026. The holdings that moved it most were Nvidia (−4.4%), Microsoft (−2.8%) and Novartis (−15.2%); SK Hynix (+14.8%) pushed the other way.
PWB rose 1.8% in the week to September 11, 2026. The holdings that moved it most were Intel (+12.3%), Advanced Micro Devices (+13.1%) and Meta Platforms (+6.1%); Nvidia (−4.4%) pushed the other way.
What do ACWI and PWB each hold?
What's inside ACWI: Tech 36%, Magnificent 7 21%.
25% of ACWI is its ten largest holdings.
What's inside PWB: Tech 56%, Semiconductors 29%.
35% of PWB is its ten largest holdings.
Compare with similar funds
Cite this
ETF Copilot, “ACWI vs PWB holdings overlap and scores”, as of September 11, 2026.
https://etf-copilot.com/compare/acwi-vs-pwb
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