VOO vs ACWI: which ETF won each year?

Yearly returns side by side, one winner per year — dividends included, priced as you'd actually buy them.

VOO tracks the S&P 500 IndexACWI tracks the MSCI ACWI Index

What did the last 10 years do to $10,000?

You invest $10,000 at the start of the window and touch nothing — dividends reinvested, the running year not counted.

VOO turned it into
$39,747
+14.80% per year on average · 20162025
ACWI turned it into
$30,708
+11.87% per year on average · 20162025
Difference
+$9,039
VOO made more of the same money

VOO vs ACWI, year by year

Calendar-year total returns (dividends included) side by side, and who took the crown each year. A dash means the fund did not exist yet.

Years compared
17
where both funds were trading
VOO won
13
years
ACWI won
4
years
YearVOOACWIWinner
2026 (so far)+10.18%+11.66%ACWI
2025+17.82%+22.41%ACWI
2024+24.98%+17.45%VOO
2023+26.32%+22.27%VOO
2022-18.17%-18.39%VOO
2021+28.79%+18.66%VOO
2020+18.32%+16.34%VOO
2019+31.37%+26.59%VOO
2018-4.50%-9.12%VOO
2017+21.77%+24.33%ACWI
2016+12.17%+8.40%VOO
2015+1.33%-2.21%VOO
2014+12.93%+3.83%VOO
2013+32.39%+22.38%VOO
2012+15.99%+16.75%ACWI
2011+1.90%-7.82%VOO
2010+14.78%+12.78%VOO
2009+32.36%
2008-35.29%

VOO vs ACWI in plain words

VOO tracks the S&P 500 Index while ACWI follows the MSCI ACWI Index, so they own different slices of the market and their years can look very different. VOO charges 0.03% a year in running costs and ACWI charges 0.32% — VOO is the cheaper fund to hold.

Both funds distribute: dividends land in your account as cash instead of being reinvested automatically. Across the 17 calendar years both funds were trading, VOO finished the year ahead 13 times and ACWI 4 times. $10,000 invested at the start of 2016 was worth $39,747 in VOO versus $30,708 in ACWI by the end of 2025, dividends reinvested.

Fund facts: VOO vs ACWI

FactVOOACWI
FundVanguard S&P 500 ETFiShares MSCI ACWI ETF
TracksS&P 500 IndexMSCI ACWI Index
Yearly cost (TER)0.03%0.32%
DividendsDistributing — dividends paid outDistributing — dividends paid out
Launched7 Sept 201026 Mar 2008

Frequently asked

Is VOO or ACWI better?

Across the 17 calendar years both funds were trading, VOO finished the year ahead 13 times and ACWI 4 times. $10,000 invested at the start of 2016 was worth $39,747 in VOO versus $30,708 in ACWI by the end of 2025, dividends reinvested. Past returns don't promise future ones — but this is what actually happened.

What is the difference between VOO and ACWI?

VOO tracks the S&P 500 Index while ACWI follows the MSCI ACWI Index, so they own different slices of the market and their years can look very different. VOO charges 0.03% a year in running costs and ACWI charges 0.32% — VOO is the cheaper fund to hold. Both funds distribute: dividends land in your account as cash instead of being reinvested automatically.

What would $10,000 in VOO have become?

$10,000 invested in VOO at the start of 2016 grew to $39,747 by the end of 2025, with dividends reinvested — an average of 14.8% per year.

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