iShares MSCI ACWI ex U.S. ETF

iShares Trust · 1 share class

Developed international equity index ETF
One fund, 1 share class:ACWX
$11.13B NAV
1,767 positions · as of 2026-04-30 · filed 2026-06-25

Fund classification

Classified from what the fund holds · as of 2026 Q2

iShares MSCI ACWI ex U.S. ETF is a developed international equity index ETF that tracks the MSCI ACWI ex USA Index.

Asset class
Equity
Region
Developed international
Management
Index (passive)
Fund type
ETF

Fund profile

As filed in the prospectus · 2025 Q4

The iShares MSCI ACWI ex U.S. ETF (the Fund ) seeks to track the investment results of an index composed of large- and mid-capitalization non-U.S. equities.

Strategy · summarised

The fund tracks the MSCI ACWI ex USA Index, a market-capitalization-weighted index of large- and mid-cap non-U.S. equities across developed and emerging markets, using representative sampling to hold a subset of index constituents with similar investment characteristics. Because the fund may not hold all index components, its returns may diverge from the index. The fund may invest up to 20% of assets in derivatives, cash, and securities outside the index to aid tracking.

Expenses
0.32%one share class
Share classExpense ratio
ACWX0.32%

Portfolio turnover 5.00% · as of 2025 Q4

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

100.35%
of net assets
Stocks98.06%
Other1.60%
Cash & short-term0.66%
Derivatives0.03%

Derivatives are shown at market value, not notional exposure.

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 280 new267 exited

Largest new: BABAF, Roche Holding AG, SPOTIFY TECHNOLOGY S.A., Aktiebolaget Volvo, SK Square Co., Ltd., Nu Holdings Ltd., Saudi Arabian Oil Company, NETTF

Largest exited: Alibaba Group Holding Ltd, Roche Holding AG, Spotify Technology SA, NU Holdings Ltd/Cayman Islands, Volvo AB, Reckitt Benckiser Group PLC, NetEase Inc, Baidu Inc

Return profile

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

1-year
+32.93%
3-year
+62.00%
5-year
+49.81%
Volatility
14.69%
Worst 3-yr fall
-11.00%
Cumulative return· May 2023 – Apr 2026

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
Taiwan Semiconductor Manufacturing Company Limited4.67%$519.83M
Samsung Electronics Co., Ltd.1.95%$216.61M
ASML Holding N.V.1.54%$170.89M
SK hynix Inc.1.33%$147.89M
Tencent Holdings Limited1.07%$118.93M
HSBC HOLDINGS PLC0.86%$95.97M
ASTRAZENECA PLC0.80%$89.35M
Alibaba Group Holding LimitedBABAF0.79%$87.52M
Roche Holding AG0.78%$87.21M
Novartis AG0.77%$85.09M
Showing 10 of 1,767Sign in to see more

Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.

Top 10 positions are 14.55% of net assets, top 25 22.96%, across 1.7K issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

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