iShares MSCI ACWI ETF
The fund generally will invest at least 80% of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index. The index is a free float-adjusted market capitalization index designed to measure the combined equity market performance of developed and emerging markets countries.
SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 6M SHOWN
Flows are quiet — the past month netted out near zero, while the price has returned +12.8% so far this year. At 0.32% a year it is not the cheapest way in — ESMV runs the same ground at 0.18%.
COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH
CELL SIZE IS PORTFOLIO WEIGHT · COLOR IS TODAY’S MOVE · TOP 40 POSITIONS
| # | Holding | Weight | Price | Day | 52-wk | |
|---|---|---|---|---|---|---|
| 1 | —CHF CASH | 0.03% | — | — | — | |
| 2 | —TWD CASH | 0.03% | — | — | — | |
| 3 | —HKD CASH | 0.02% | — | — | — | |
| 4 | —EUR CASH | 0.02% | — | — | — | |
| 5 | —ILS CASH | 0.01% | — | — | — | |
| 6 | —BRL CASH | 0.01% | — | — | — | |
| 7 | —GBP CASH | 0.01% | — | — | — | |
| 8 | —NOK CASH | 0.01% | — | — | — | |
| 9 | —JPY CASH | 0.01% | — | — | — | |
| 10 | —CAD CASH | 0.01% | — | — | — | |
| 11 | —DKK CASH | 0.01% | — | — | — | |
| 12 | —MXN CASH | 0.01% | — | — | — | |
| 13 | —AUD CASH | 0.01% | — | — | — | |
| 14 | —SGD CASH | 0.01% | — | — | — | |
| 15 | —ZAR CASH | 0.01% | — | — | — |
| 1 week | -0.6% |
| 1 month | +3.7% |
| 3 months | +4.1% |
| 6 months | +10.1% |
| YTD | +12.8% |
| 1 year | — |
| 3 years | — |
PRICE RETURN, DISTRIBUTIONS NOT REINVESTED
| 1 week | — |
| 1 month | — |
| 3 months | — |
| YTD | — |
| 1 year | — |
CREATION/REDEMPTION DOLLARS, DAILY RECORDS
The top holding is 0.0% of the book; the top ten carry 0%. Spread across 15+ names, it behaves like roughly 12 equally-weighted positions.
VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK
Due diligence cuts both ways. These funds sit on the same shelf and beat ACWI on at least one dimension that matters — the fee, the asset base, or where the money is going.
| Fund | Fee | Assets | Flow, 1M | The case | |
|---|---|---|---|---|---|
| ITOT iShares Core S&P Total U.S. Stock Market ETF | 0.03% | $97.9B | +$245M | -29bp on fee · 4× the assets · +$245M in over the month | Head-to-head |
| IUSG iShares Core S&P U.S. Growth ETF | 0.04% | $33.8B | +$668M | -28bp on fee · 2× the assets · +$668M in over the month | Head-to-head |
| IUSV iShares Core S&P U.S. Value ETF | 0.04% | $28.1B | +$103M | -28bp on fee · +$103M in over the month | Head-to-head |
| IVV iShares Core S&P 500 ETF | 0.03% | $900.9B | −$14.2B | -29bp on fee · 40× the assets | Head-to-head |
| VOO Vanguard 500 Index Fund | 0.03% | $500.4B | — | -29bp on fee · 22× the assets | Head-to-head |