ETF comparison

SSAC vs SWRD

iShares MSCI All Country World UCITS ETF
IE00B6R52259iShares
State Street® SPDR® MSCI World UCITS ETF (Acc)
IE00BFY0GT14State Street
Figures as of October 1, 2026 (SSAC) · October 2, 2026 (SWRD)

The comparison in short

SSAC (iShares MSCI All Country World UCITS ETF, IE00B6R52259) tracks the MSCI ACWI index and SWRD (State Street® SPDR® MSCI World UCITS ETF (Acc), IE00BFY0GT14) the MSCI World index. SWRD has the lower total expense ratio (TER): 0.12% a year against 0.20% for SSAC, 0.08 percentage points less, or about 8 a year on 10,000 invested. SSAC is the larger fund, with USD 37.0bn in assets against USD 22.5bn for SWRD, about 1.6 times the size. SSAC reports 1,655 holdings and SWRD 1,241. 7 of the holdings published by SSAC (top 10) and SWRD (top 10) appear in both lists; measured on those published positions only, the overlap is at least 22.2%. Shared holdings include NVIDIA, APPLE, MICROSOFT, ALPHABET CLASS A and AMAZON.COM INC. In 2025, SSAC returned +22.4% and SWRD +21.2%, a gap of 1.2 percentage points. Over 5 years, SSAC returned +11.5% a year and SWRD +12.1% a year. SSAC and SWRD both reinvest their income (accumulating share classes). SSAC and SWRD both hold the index securities directly (physical replication). Both are domiciled in Ireland. SSAC and SWRD both carry a risk indicator (SRRI) of 4 on the 1–7 scale. This is a factual comparison from the fund houses' documents, not investment advice.

Side by side

FigureSSACSWRD
ISINIE00B6R52259IE00BFY0GT14
Exchange tickersSSAC, ISAC, IUSQSWRD, SWLD, SPPW
Fund houseiSharesState Street
Total expense ratio (TER)0.20%0.12%
Ongoing charges (KID)0.20%0.12%
Fund sizeUSD 37.0bnUSD 22.5bn
Launch dateOctober 21, 2011February 28, 2019
ReplicationPhysicalPhysical
DomicileIrelandIreland
Distribution policyAccumulatingAccumulating
Share class currencyUSDUSD
Number of holdings1,6551,241
Risk indicator (SRRI)4 / 74 / 7
SFDR classificationArticle 6—
BenchmarkMSCI All Country World Index (Net)MSCI World Index

Performance

Calendar-year returns

YearSSACSWRDDifference
2025+22.4%+21.2%+1.2
2024+17.4%+18.9%−1.5
2023+22.3%+24.0%−1.7
2022−18.2%−17.9%−0.3
2021+18.7%+22.0%−3.3
2020+15.6%+15.8%−0.2

Annualised returns

PeriodSSACSWRDDifference
1 year+16.2%+15.4%+0.8
3 years+21.9%+22.0%−0.1
5 years+11.5%+12.1%−0.6
Returns as published by each fund house, in each share class's currency and net of the fund's charges. The difference is in percentage points. Past performance does not predict future returns.

Holdings

7 of the holdings published by SSAC (top 10) and SWRD (top 10) appear in both lists; measured on those published positions only, the overlap is at least 22.2%. Shared holdings include NVIDIA, APPLE, MICROSOFT, ALPHABET CLASS A and AMAZON.COM INC.

Top 10 holdings of SSAC

#HoldingWeight
1
NVIDIAIn both
5.17%
2
APPLEIn both
4.71%
3
MICROSOFTIn both
3.50%
4
AMAZON.COM INCIn both
2.32%
5
ALPHABET CLASS AIn both
1.92%
6
TAIWAN SEMICONDUCTOR MANUFACTURING
1.89%
7
META PLATFORMS CLASS AIn both
1.54%
8
ALPHABET CLASS CIn both
1.52%
9
BROADCOM INCIn both
1.50%
10
ISHARES MSCI INDIA UCITS ETF
1.25%

Top 10 holdings of SWRD

#HoldingWeight
1
NVIDIA CorporationIn both
5.88%
2
Apple Inc.In both
5.38%
3
Microsoft CorporationIn both
4.01%
4
Amazon.com Inc.In both
2.66%
5
Alphabet Inc. Class AIn both
2.20%
6
Meta Platforms Inc Class AIn both
1.76%
7
Alphabet Inc. Class CIn both
1.73%
8
Broadcom Inc.In both
1.72%
9
Micron Technology Inc.
1.37%
10
Tesla Inc.
1.12%
Compare every published holding of SSAC and SWRD in the overlap checker

Sectors and countries

Largest sectors of SSAC

  1. Information Technology33.2%
  2. Financials17.6%
  3. Industrials10.1%
  4. Health Care8.1%
  5. Consumer Discretionary8.0%
  6. Communication7.8%
+ 4 more

Largest sectors of SWRD

  1. Information Technology32.1%
  2. Financials15.6%
  3. Industrials10.8%
  4. Health Care9.1%
  5. Consumer Discretionary8.4%
  6. Communication Services8.2%
+ 5 more

Largest countries of SSAC

  1. United States64.2%
  2. Other5.7%
  3. Japan5.3%
  4. Taiwan3.5%
  5. United Kingdom2.9%
  6. Canada2.9%
+ 4 more

Largest countries of SWRD

  1. United States73.3%
  2. Japan6.0%
  3. United Kingdom3.4%
  4. Canada3.3%
  5. France2.2%
  6. Switzerland2.1%
+ 4 more

Frequently asked questions

What is the difference between SSAC and SWRD?

SSAC (iShares MSCI All Country World UCITS ETF, IE00B6R52259) tracks the MSCI ACWI index and SWRD (State Street® SPDR® MSCI World UCITS ETF (Acc), IE00BFY0GT14) the MSCI World index. SWRD has the lower total expense ratio (TER): 0.12% a year against 0.20% for SSAC, 0.08 percentage points less, or about 8 a year on 10,000 invested. SSAC and SWRD both reinvest their income (accumulating share classes). SSAC and SWRD both hold the index securities directly (physical replication). Both are domiciled in Ireland. This is a factual comparison from the fund houses' documents, not investment advice.

Which is cheaper, SSAC or SWRD?

SWRD has the lower total expense ratio (TER): 0.12% a year against 0.20% for SSAC, 0.08 percentage points less, or about 8 a year on 10,000 invested. Their key information documents state ongoing charges of 0.20% for SSAC and 0.12% for SWRD.

Which is bigger, SSAC or SWRD?

SSAC is the larger fund, with USD 37.0bn in assets against USD 22.5bn for SWRD, about 1.6 times the size.

Do SSAC and SWRD hold the same companies?

7 of the holdings published by SSAC (top 10) and SWRD (top 10) appear in both lists; measured on those published positions only, the overlap is at least 22.2%. Shared holdings include NVIDIA, APPLE, MICROSOFT, ALPHABET CLASS A and AMAZON.COM INC.

How did SSAC and SWRD perform in 2025?

In 2025, SSAC returned +22.4% and SWRD +21.2%, a gap of 1.2 percentage points. Over 5 years, SSAC returned +11.5% a year and SWRD +12.1% a year. Over the past year, SSAC returned +16.2% and SWRD +15.4%. Past performance does not predict future returns.

Are SSAC and SWRD accumulating or distributing?

SSAC is accumulating: it reinvests its income in the fund. SWRD is accumulating: it reinvests its income in the fund.

Go further

Other comparisons

Figures are read from the documents each fund house publishes (product page, factsheet, key information document, holdings file) and refreshed weekly. Names and tickers identify the products; FundFacts API is independent of every fund house and index provider. This comparison is factual information, not investment advice or a recommendation to buy or sell either fund.