ACWX vs EWC overlap - what they share and where they differ

ACWX and EWC share 8.7% of their weight across 82 common positions, read from what each fund reported to the SEC.

Each week Ploutos reads the reported positions of the largest US equity ETFs and measures, pair by pair, the weight they share: for every stock both funds hold, the smaller of the two weights counts. Two funds tracking the same index land near 100%. A sector fund inside a broad index fund lands at roughly that sector's weight.

ACWX and EWC

8.7%

82 shared positions

ACWX

iShares MSCI ACWI ex U.S. ETF

Reported positions cover 98% of the fund, 1,483 positions · Apr 30, 2026

Top 10: 14.9%·Holdings of ACWX

EWC

iShares MSCI Canada ETF

Reported positions cover 100% of the fund, 83 positions · May 31, 2026

Top 10: 43.0%·Holdings of EWC

Reported positions cover ACWX 98%, EWC 100% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.

EWC vs ACWX side by side

ACWXiShares MSCI ACWI ex U.S. ETF

1,483

stock positions reported to the SEC

89.0% of its weight is in 1,401 names EWC does not hold

EWCiShares MSCI Canada ETF

83

stock positions reported to the SEC

0.1% of its weight is in 1 names ACWX does not hold

Where each fund's weight sits

ACWX
EWC
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Financial Services
9.0%
27.9%
Basic Materials
3.1%
15.8%
Technology
11.8%
7.7%
Industrials
0.0%
8.0%
Energy
2.9%
7.4%
Healthcare
3.2%
0.0%

The widest gap is Financial Services: EWC has 19.0 points more of it.

The figures side by side

ACWXEWC
Filing dateApr 30, 2026May 31, 2026
Stock positions reported1,48383
Weight of the ten largest14.9%43.0%
Largest positionTSM 4.7%RY 8.7%
Held alone1,401 positions, 89.0%1 positions, 0.1%
Covered by stock positions98%100%

Holdings they share

StockIn ACWXIn EWCCounted
RYROYAL BANK OF CANADA0.69%8.71%0.69%
TDTHE TORONTO-DOMINION BANK0.50%6.28%0.50%
SHOPSHOPIFY INC.0.40%4.74%0.40%
ENBEnbridge Inc.0.33%3.89%0.33%
BMOBANK OF MONTREAL0.29%3.74%0.29%
CMCANADIAN IMPERIAL BANK OF COMMERCE0.28%3.30%0.28%
CNQCANADIAN NATURAL RESOURCES LIMITED0.27%3.08%0.27%
AEMAGNICO EAGLE MINES LIMITED0.26%3.00%0.26%
BROOKFIELD CORPORATION0.26%3.05%0.26%
NBHCNATIONAL BANK OF GREECE S.A.0.26%1.85%0.26%

What each holds alone

The heaviest positions one fund reports and the other does not.

Only in ACWX

TSMTaiwan Semiconductor Manufacturing Company Limited4.67%
SAMSUNG ELECTRONICS CO., LTD.2.19%
ASMLASML Holding N.V.1.54%
SKHYSK hynix Inc.1.33%
TENCENT HOLDINGS LIMITED1.07%
HSBCHSBC HOLDINGS PLC0.86%
MUFGMitsubishi Corporation0.86%
ROCHE HOLDING AG0.82%
AZNASTRAZENECA PLC0.80%
BABAAlibaba Group Holding Limited0.79%

Only in EWC

BCEBCE INC.0.06%

Questions people ask

Is ACWX the same as EWC?

8.7% of their weight sits in the same 82 holdings. ACWX also reports TSM, SAMSUNG ELECTRONICS CO., LTD., ASML, which the other does not. EWC also reports BCE, which the other does not.

How is the overlap between ACWX and EWC measured?

For every stock both funds report, the smaller of the two weights counts, and the sum is the overlap. The reported positions cover 98% of ACWX and 100% of EWC, so the number cannot exceed the smaller coverage.

Which holds more, EWC or ACWX?

ACWX reports 1,483 stock positions and EWC reports 83. 89.0% of ACWX's weight sits in names EWC does not hold, and 0.1% of EWC's weight in names ACWX does not hold. The ten largest positions are 14.9% of ACWX and 43.0% of EWC.

How do ACWX and EWC differ by sector?

The widest gap is Financial Services: EWC has 19.0 points more of it. Sectors come from each holding's SIC code in its SEC record, summed by the weight the fund reports.

Where do the numbers come from?

From each fund's own N-PORT filing to the SEC, which lists every position and its weight. The comparison uses every equity position the fund reports; cash, futures and bonds are not counted, which is why a coverage figure sits next to every result. Holdings change between filings.

Other pairs with these funds

ACWX against other funds in the table

Add a third fund in the tool·All fund pairs

Descriptive data from public SEC filings. Nothing on this page is a recommendation to buy, sell or hold any fund or stock, and holdings change between filings.