ACWX vs. ESGYX
ACWX (iShares MSCI ACWI ex U.S. ETF) and ESGYX (Mirova Global Sustainable Equity Fund) are both funds - ACWX is a Foreign Large Cap Equities fund tracking the MSCI All Country World ex-U.S. Index, while ESGYX is a Global Equities fund managed by Natixis. Over the past 5 years, ACWX returned 8.31%/yr vs 5.66%/yr for ESGYX. Their correlation of 0.81 suggests significant overlap in exposure. ACWX charges 0.32%/yr vs 0.95%/yr for ESGYX.
Performance
ACWX vs. ESGYX - Performance Comparison
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Returns By Period
In the year-to-date period, ACWX achieves a 12.88% return, which is significantly higher than ESGYX's -0.03% return.
ACWX
- 1D
- -3.17%
- 1M
- 0.91%
- YTD
- 12.88%
- 6M
- 12.78%
- 1Y
- 29.85%
- 3Y*
- 19.03%
- 5Y*
- 8.31%
- 10Y*
- 10.06%
ESGYX
- 1D
- 0.00%
- 1M
- 0.79%
- YTD
- -0.03%
- 6M
- -0.70%
- 1Y
- 8.63%
- 3Y*
- 11.39%
- 5Y*
- 5.66%
- 10Y*
- —
ACWX vs. ESGYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ACWX iShares MSCI ACWI ex U.S. ETF | 12.88% | 32.59% | 5.17% | 15.63% | -16.07% | 7.67% | 10.29% | 21.05% | -13.99% | 27.20% |
ESGYX Mirova Global Sustainable Equity Fund | -0.03% | 15.23% | 13.38% | 18.63% | -22.36% | 18.06% | 32.43% | 33.00% | -6.37% | 29.83% |
Correlation
The correlation between ACWX and ESGYX is 0.66, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.66 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.68 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.76 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2017 | 0.81 |
The correlation between ACWX and ESGYX shifts across timeframes, from 0.66 (1 year) to 0.81 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
ACWX vs. ESGYX — Risk / Return Rank
ACWX
ESGYX
ACWX vs. ESGYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI ACWI ex U.S. ETF (ACWX) and Mirova Global Sustainable Equity Fund (ESGYX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ACWX | ESGYX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.99 | ||
| Sortino ratioReturn per unit of downside risk | +1.21 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.15 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 2.62 | 0.94 | +1.68 |
| Martin ratioReturn relative to average drawdown | 10.05 | 3.16 | +6.89 |
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Drawdowns
ACWX vs. ESGYX - Drawdown Comparison
The maximum ACWX drawdown since its inception was -60.40%, which is greater than ESGYX's maximum drawdown of -34.88%. Use the drawdown chart below to compare losses from any high point for ACWX and ESGYX.
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Drawdown Indicators
| ACWX | ESGYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.40% | -34.88% | -25.52% |
Max Drawdown (1Y)Largest decline over 1 year | -11.42% | -11.49% | +0.07% |
Max Drawdown (3Y)Largest decline over 3 years | -13.84% | -16.67% | +2.83% |
Max Drawdown (5Y)Largest decline over 5 years | -29.78% | -34.88% | +5.10% |
Max Drawdown (10Y)Largest decline over 10 years | -35.38% | — | — |
Current DrawdownCurrent decline from peak | -3.17% | -2.33% | -0.84% |
Average DrawdownAverage peak-to-trough decline | -13.30% | -6.43% | -6.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.98% | 3.18% | -0.20% |
Volatility
ACWX vs. ESGYX - Volatility Comparison
iShares MSCI ACWI ex U.S. ETF (ACWX) has a higher volatility of 7.37% compared to Mirova Global Sustainable Equity Fund (ESGYX) at 4.71%. This indicates that ACWX's price experiences larger fluctuations and is considered to be riskier than ESGYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ACWX | ESGYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.37% | 4.71% | +2.66% |
Volatility (6M)Calculated over the trailing 6-month period | 14.77% | 10.61% | +4.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.74% | 13.56% | +3.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.53% | 17.71% | -1.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.27% | 17.67% | -0.40% |
ACWX vs. ESGYX - Expense Ratio Comparison
ACWX has a 0.32% expense ratio, which is lower than ESGYX's 0.95% expense ratio.
Dividends
ACWX vs. ESGYX - Dividend Comparison
ACWX's dividend yield for the trailing twelve months is around 2.54%, less than ESGYX's 4.15% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ACWX iShares MSCI ACWI ex U.S. ETF | 2.54% | 2.82% | 2.97% | 2.96% | 2.68% | 2.74% | 1.88% | 3.22% | 2.60% | 2.40% | 2.77% | 2.51% |
ESGYX Mirova Global Sustainable Equity Fund | 4.15% | 4.44% | 1.99% | 0.61% | 5.28% | 12.16% | 0.54% | 1.84% | 4.39% | 1.15% | 0.00% | 0.00% |
Frequently Asked Questions
ACWX and ESGYX have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ACWX has higher volatility (7.37%) compared to ESGYX (4.71%). In terms of maximum drawdown, ACWX dropped -60.40% vs ESGYX's -34.88%.
ACWX currently has the higher Sharpe Ratio (1.79 vs 0.80), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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