ACWI vs SPGM: holdings overlap, shared companies and scores
As of September 11, 2026, ACWI and SPGM overlap 71.5% by weight. iShares MSCI ACWI ETF (ACWI): Large- and mid-cap global stocks. State Street SPDR Portfolio MSCI Global Stock Market ETF (SPGM): Total global equity market.
Updated September 11, 2026
How much do ACWI and SPGM overlap?
As of September 11, 2026, ACWI and SPGM overlap 71.5% by weight.
87% of ACWI is already inside SPGM.
88% of SPGM is already inside ACWI.
ACWI holds 2,169 companies and SPGM holds 2,736; 1,053 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 SPGM?
As of September 11, 2026, ETF Copilot scores ACWI 5.5 out of 10 and SPGM 5.7 out of 10.
They differ most on Risk: ACWI 5.0 and SPGM 7.8.
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 | SPGM |
|---|---|---|
| Growth | 5.3 | 4.6 |
| Valuation | 2.2 | 2.0 |
| Risk | 5.0 | 7.8 |
| Quality | 7.8 | 7.5 |
| Return | 6.7 | 6.8 |
SPGM is the cheaper of the two at 0.09% 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, SPGM charges 0.09% a year, yields 1.68% and holds $1.8B in assets across 2736 positions.
| Measure | ACWI | SPGM |
|---|---|---|
| Expense ratio | 0.32% | 0.09% |
| Dividend yield | 1.62% | 1.68% |
| Assets under management | $33.4B | $1.8B |
| Holdings | 2169 | 2736 |
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 SPGM 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.
SPGM trades at 21.1 times earnings, against its own median of 18.4, and is more expensive than 92% of its own 85 monthly readings since 2019.
What moved ACWI and SPGM 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.
SPGM 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.
What do ACWI and SPGM each hold?
What's inside ACWI: Tech 36%, Magnificent 7 21%.
25% of ACWI is its ten largest holdings.
What's inside SPGM: Tech 35%, Magnificent 7 19%.
22% of SPGM is its ten largest holdings.
Compare with similar funds
Cite this
ETF Copilot, “ACWI vs SPGM holdings overlap and scores”, as of September 11, 2026.
https://etf-copilot.com/compare/acwi-vs-spgm
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