ACWI vs DINT
iShares MSCI ACWI ETF vs Davis Select International ETF
Which is better, ACWI or DINT?
ACWI has been ahead.
ACWI has a lower expense ratio. ACWI led over 1Y, 3Y, 5Y and the full window. ACWI is less concentrated, with 25.3% of the fund in its ten largest positions against 52.0%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | ACWI | DINT |
|---|---|---|
| Expense Ratio | 0.32%Best | 0.66% |
| AUM | $33.2B | $269M |
| Dividend Yield | 1.41% | 1.69% |
| Holdings | 2,280 | 84 |
| YTD Return | +12.14%Best | -4.02% |
| 1Y Return | +17.07%Best | +2.16% |
| 3Y Return (annualized) | +20.96%Best | +17.73% |
| 5Y Return (annualized) | +10.83%Best | +8.02% |
| Volatility (annualized) | 15.4%Best | 19.9% |
| Max Drawdown | -33.5%Best | -45.1% |
| $10,000 over 5 years | $16,722Best | $14,707 |
| Top 10 Weight | 25.3%Best | 52.0% |
| Fund Family | iShares by BlackRock (US) | Davis ETFs |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Mar 26, 2008 | Mar 1, 2018 |
Volatility and max drawdown are measured over the window both funds cover: Mar 2, 2018 to Oct 14, 2026 (8.6 years).
ACWI vs DINT growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 8.6 years both funds cover.
ACWI vs DINT Performance
iShares MSCI ACWI ETF (ACWI) is an ETF from iShares by BlackRock (US) and Davis Select International ETF (DINT) is an ETF from Davis ETFs. Over the past year ACWI returned +17.07% while DINT returned +2.16%. Year to date, ACWI is up 12.14% versus a loss of 4.02% for DINT.
Over three years, ACWI compounded at +20.96% per year against +17.73% for DINT; over five years the annualized figures are +10.83% and +8.02% respectively. Across the full 9-year window we track, ACWI has the edge at +10.68% annualized vs +5.51%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DINT has been the more volatile fund, with annualized monthly volatility of 19.9% compared with 15.4% for ACWI. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -33.5% for ACWI and -45.1% for DINT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.74. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ACWI charges 0.32% per year while DINT charges 0.66%. On a $10,000 position that is $32 vs $66 annually, a gap of $34 per year that compounds over a long holding period. On income, ACWI currently yields 1.41% against 1.69% for DINT.
Holdings Overlap
0.6% of ACWI's money is in holdings DINT also owns. 46.5% of DINT's money is in holdings ACWI also owns.
The two portfolios partly overlap.
12 positions in common, counted across the 2,139 positions we hold weights for in ACWI and 28 in DINT, against full books of 2,280 and 84.
What only one of them owns
Our book lists 1 positions for DINT that do not appear in our book for ACWI (2.6% of the fund), and 512 for ACWI that do not appear in DINT (65.2%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in ACWI | Weight in DINT | Difference |
|---|---|---|---|
| SE:KYSea Limited Sponsored Adr (1 Ads : 1 Ordinary) | 0.03% | 5.91% | 5.88% |
| SAP:SGSap Se | 0.21% | 5.63% | 5.42% |
| YMM:SHFull Truck A-Adr | 0.01% | 5.82% | 5.81% |
| JBS:ASJbs Nv-A | 0.00% | 5.25% | 5.25% |
| 300750:SHContemporary Amperex Technology Co. Ltd. Class A | 0.01% | 4.55% | 4.54% |
| DANSKE:CODanske Bank A.s. | 0.03% | 4.18% | 4.15% |
| PRX:ASProsus N V | 0.05% | 4.07% | 4.02% |
| TECKB:CATeck Resources Limited, Class B | 0.03% | 3.12% | 3.09% |
| NPN:ZANaspers Ltd-N Shs Sedol Bn0Vx82 | 0.03% | 2.66% | 2.63% |
| 8035:JPTokyo Electron Ltd. Com Stk | 0.17% | 2.02% | 1.85% |
46.5% of DINT is already inside ACWI.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ACWI or DINT?
ACWI has an expense ratio of 0.32% while DINT charges 0.66%. ACWI is the cheaper option, by $34 a year on a $10,000 investment.
Which performed better, ACWI or DINT?
Over the past year ACWI returned +17.07% vs +2.16% for DINT, so ACWI leads on 1-year performance. Over the longest common window we track (9 years), ACWI annualized +10.68% vs +5.51% for DINT. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ACWI or DINT?
DINT has been the more volatile fund at 19.9% annualized versus 15.4% for ACWI. Worst drawdown: ACWI -33.5% vs DINT -45.1%.
Should I hold both ACWI and DINT?
ACWI and DINT have a monthly-return correlation of 0.74, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between ACWI and DINT?
46.5% of DINT's money is in holdings ACWI also owns. 46.5% of DINT's is in holdings ACWI also owns. They hold 12 positions in common, counted across the 2,139 positions we hold weights for in ACWI and 28 in DINT.
Which pays a higher dividend, ACWI or DINT?
ACWI yields 1.41% while DINT yields 1.69%, so DINT currently pays the higher dividend yield.
Is DINT better than ACWI?
ACWI has a lower expense ratio. ACWI led over 1Y, 3Y, 5Y and the full window. ACWI is less concentrated, with 25.3% of the fund in its ten largest positions against 52.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.