ETF Copilot

ACWX vs NUEM: holdings overlap, shared companies and scores

As of October 9, 2026, ACWX and NUEM overlap 14.9% by weight. iShares MSCI ACWI ex U.S. ETF (ACWX): International developed and emerging stocks. Nuveen ESG Emerging Markets Equity ETF (NUEM): ESG emerging markets equities.

Updated October 9, 2026

Where ACWX and NUEM trade against their own history

ACWX trades at 16.2 times earnings, against its own median of 15.5, and is more expensive than 67% of its own last 9 years.

NUEM trades at 13.6 times earnings, against its own median of 13.5, and is more expensive than 51% of its own last 9 years.

What do ACWX and NUEM each hold?

What's inside ACWX: Tech 24%, Semiconductors 13%.

17% of ACWX is its ten largest holdings.

What's inside NUEM: Tech 43%, Semiconductors 30%.

41% of NUEM is its ten largest holdings.

How much do ACWX and NUEM overlap? 14.9% by weight

As of October 9, 2026, ACWX and NUEM overlap 14.9% by weight.

15% of ACWX is already inside NUEM.

99% of NUEM is already inside ACWX.

ACWX holds 1,879 companies and NUEM holds 187; 183 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 NUEM? 5.4 and 5.9 out of 10

As of October 9, 2026, ETF Copilot scores ACWX 5.4 out of 10 and NUEM 5.9 out of 10.

They differ most on Growth: ACWX 6.9 and NUEM 9.3.

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

ACWX vs NUEM — ETF Copilot factor scores, 0–10
FactorACWXNUEM
Growth6.99.3
Value2.93.6
Risk5.73.3
Quality6.07.4
Return4.84.8

ACWX is the cheaper of the two at 0.32% a year

As of October 9, 2026, ACWX charges 0.32% a year, yields 2.52% and holds $17.7B in assets across 1879 positions.

As of October 9, 2026, NUEM charges 0.36% a year, yields 3.00% and holds $482M in assets across 187 positions.

ACWX vs NUEM — cost, income and size
MeasureACWXNUEM
Expense ratio0.32%0.36%
Dividend yield2.52%3.00%
Assets under management$17.7B$482M
Holdings1879187

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.

Cite this

ETF Copilot, “ACWX vs NUEM holdings overlap and scores”, as of October 9, 2026.
https://etf-copilot.com/compare/acwx-vs-nuem

  1. iShares MSCI ACWI ex U.S. ETF (ACWX)
  2. Nuveen ESG Emerging Markets Equity ETF (NUEM)

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