ACWX vs DBAW: holdings overlap, shared companies and scores
As of September 11, 2026, ACWX and DBAW overlap 95.0% by weight. iShares MSCI ACWI ex U.S. ETF (ACWX): International developed and emerging stocks. Xtrackers MSCI All World ex US Hedged Equity ETF (DBAW): International equities outside the U.S.
Updated September 11, 2026
How much do ACWX and DBAW overlap?
As of September 11, 2026, ACWX and DBAW overlap 95.0% by weight.
98% of ACWX is already inside DBAW.
100% of DBAW is already inside ACWX.
ACWX holds 1,859 companies and DBAW holds 1,636; 1,604 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 ACWX and DBAW?
As of September 11, 2026, ETF Copilot scores ACWX 5.7 out of 10 and DBAW 6.9 out of 10.
They differ most on Risk: ACWX 4.3 and DBAW 8.5.
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 | ACWX | DBAW |
|---|---|---|
| Growth | 8.3 | 8.2 |
| Valuation | 3.2 | 3.6 |
| Risk | 4.3 | 8.5 |
| Quality | 6.8 | 6.8 |
| Return | 4.8 | 6.6 |
ACWX is the cheaper of the two at 0.32% a year
As of September 11, 2026, ACWX charges 0.32% a year, yields 2.64% and holds $12.6B in assets across 1859 positions.
As of September 11, 2026, DBAW charges 0.40% a year, yields 2.68% and holds $322M in assets across 1636 positions.
| Measure | ACWX | DBAW |
|---|---|---|
| Expense ratio | 0.32% | 0.40% |
| Dividend yield | 2.64% | 2.68% |
| Assets under management | $12.6B | $322M |
| Holdings | 1859 | 1636 |
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 ACWX and DBAW trade against their own history
ACWX trades at 16.4 times earnings, against its own median of 14.2, and is more expensive than 84% of its own 114 monthly readings since 2017.
DBAW trades at 16.3 times earnings, against its own median of 13.9, and is more expensive than 83% of its own 114 monthly readings since 2017.
What moved ACWX and DBAW this week
ACWX fell 1.1% in the week to September 11, 2026. The holdings that moved it most were Novartis (−15.2%), Shopify (−11.5%) and Novo Nordisk A/S-B (−9.3%); SK Hynix (+14.8%) pushed the other way.
DBAW fell 1.1% in the week to September 11, 2026. The holdings that moved it most were Novartis (−15.2%), Shopify (−11.5%) and Novo Nordisk A/S-B (−9.3%); SK Hynix (+14.8%) pushed the other way.
What do ACWX and DBAW each hold?
What's inside ACWX: Tech 17%, Semiconductors 7%.
16% of ACWX is its ten largest holdings.
What's inside DBAW: Tech 17%, Semiconductors 7%.
17% of DBAW is its ten largest holdings.
Cite this
ETF Copilot, “ACWX vs DBAW holdings overlap and scores”, as of September 11, 2026.
https://etf-copilot.com/compare/acwx-vs-dbaw
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