ETEC vs. ACWI
Compare and contrast key facts about iShares Breakthrough Environmental Solutions ETF (ETEC) and iShares MSCI ACWI ETF (ACWI).
ETEC and ACWI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ETEC is a passively managed fund by iShares that tracks the performance of the Morningstar Global Emerging Green Technologies Select Index - Benchmark TR Net. It was launched on Mar 28, 2023. ACWI is a passively managed fund by iShares that tracks the performance of the MSCI All Country World Index. It was launched on Mar 26, 2008. Both ETEC and ACWI are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
ETEC vs. ACWI - Performance Comparison
Loading graphics...
ETEC vs. ACWI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
ETEC iShares Breakthrough Environmental Solutions ETF | 7.95% | 31.89% | -18.16% | -6.50% |
ACWI iShares MSCI ACWI ETF | -2.21% | 22.41% | 17.45% | 14.99% |
Returns By Period
In the year-to-date period, ETEC achieves a 7.95% return, which is significantly higher than ACWI's -2.21% return.
ETEC
- 1D
- 3.83%
- 1M
- -2.54%
- YTD
- 7.95%
- 6M
- 10.42%
- 1Y
- 44.91%
- 3Y*
- 2.50%
- 5Y*
- —
- 10Y*
- —
ACWI
- 1D
- 3.11%
- 1M
- -6.11%
- YTD
- -2.21%
- 6M
- 0.97%
- 1Y
- 20.86%
- 3Y*
- 16.98%
- 5Y*
- 9.40%
- 10Y*
- 11.58%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ETEC vs. ACWI - Expense Ratio Comparison
ETEC has a 0.47% expense ratio, which is higher than ACWI's 0.32% expense ratio.
Return for Risk
ETEC vs. ACWI — Risk / Return Rank
ETEC
ACWI
ETEC vs. ACWI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Breakthrough Environmental Solutions ETF (ETEC) and iShares MSCI ACWI ETF (ACWI). 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.
| ETEC | ACWI | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.73 | 1.20 | +0.53 |
Sortino ratioReturn per unit of downside risk | 2.43 | 1.77 | +0.66 |
Omega ratioGain probability vs. loss probability | 1.32 | 1.27 | +0.06 |
Calmar ratioReturn relative to maximum drawdown | 2.56 | 1.79 | +0.78 |
Martin ratioReturn relative to average drawdown | 10.69 | 8.26 | +2.43 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| ETEC | ACWI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.73 | 1.20 | +0.53 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.59 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.68 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.12 | 0.39 | -0.27 |
Correlation
The correlation between ETEC and ACWI is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
ETEC vs. ACWI - Dividend Comparison
ETEC's dividend yield for the trailing twelve months is around 0.30%, less than ACWI's 1.59% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ETEC iShares Breakthrough Environmental Solutions ETF | 0.30% | 0.33% | 1.24% | 4.18% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ACWI iShares MSCI ACWI ETF | 1.59% | 1.55% | 1.70% | 1.88% | 1.79% | 1.71% | 1.43% | 2.33% | 2.18% | 1.94% | 2.19% | 2.56% |
Drawdowns
ETEC vs. ACWI - Drawdown Comparison
The maximum ETEC drawdown since its inception was -39.71%, smaller than the maximum ACWI drawdown of -56.00%. Use the drawdown chart below to compare losses from any high point for ETEC and ACWI.
Loading graphics...
Drawdown Indicators
| ETEC | ACWI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.71% | -56.00% | +16.29% |
Max Drawdown (1Y)Largest decline over 1 year | -16.67% | -11.76% | -4.91% |
Max Drawdown (5Y)Largest decline over 5 years | — | -26.42% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.53% | — |
Current DrawdownCurrent decline from peak | -6.93% | -6.92% | -0.01% |
Average DrawdownAverage peak-to-trough decline | -15.77% | -8.69% | -7.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.00% | 2.54% | +1.46% |
Volatility
ETEC vs. ACWI - Volatility Comparison
iShares Breakthrough Environmental Solutions ETF (ETEC) has a higher volatility of 8.67% compared to iShares MSCI ACWI ETF (ACWI) at 6.38%. This indicates that ETEC's price experiences larger fluctuations and is considered to be riskier than ACWI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| ETEC | ACWI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.67% | 6.38% | +2.29% |
Volatility (6M)Calculated over the trailing 6-month period | 15.65% | 10.05% | +5.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.15% | 17.48% | +8.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.85% | 15.97% | +7.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.85% | 17.08% | +6.77% |