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RXI vs. ACWI
Performance
Return for Risk
Drawdowns
Volatility
Dividends

RXI vs. ACWI

Last updated Jun 24, 2026

RXI (iShares Global Consumer Discretionary ETF) and ACWI (iShares MSCI ACWI ETF) are both exchange-traded funds - RXI is a Consumer Discretionary Equities fund tracking the S&P Global Consumer Discretionary Index, while ACWI is a Global Equities fund tracking the MSCI All Country World Index. Both are passively managed. Over the past 10 years, RXI returned 9.97%/yr vs 13.09%/yr for ACWI. Their correlation of 0.87 suggests significant overlap in exposure. RXI charges 0.46%/yr vs 0.32%/yr for ACWI.

Performance

RXI vs. ACWI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Global Consumer Discretionary ETF (RXI) and iShares MSCI ACWI ETF (ACWI). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, RXI achieves a -6.75% return, which is significantly lower than ACWI's 9.86% return. Over the past 10 years, RXI has underperformed ACWI with an annualized return of 9.97%, while ACWI has yielded a comparatively higher 13.09% annualized return.

RXI

1D
-1.12%
1M
-3.55%
YTD
-6.75%
6M
-8.04%
1Y
4.29%
3Y*
9.09%
5Y*
3.41%
10Y*
9.97%

ACWI

1D
-2.00%
1M
-0.35%
YTD
9.86%
6M
9.11%
1Y
25.60%
3Y*
20.00%
5Y*
10.74%
10Y*
13.09%
*Multi-year figures are annualized to reflect compound growth (CAGR)

RXI vs. ACWI - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
RXI
iShares Global Consumer Discretionary ETF		-6.75%13.16%17.26%27.57%-29.08%16.32%24.46%26.78%-6.30%22.94%
ACWI
iShares MSCI ACWI ETF		9.86%22.41%17.45%22.27%-18.39%18.66%16.34%26.59%-9.19%24.33%

Correlation

The correlation between RXI and ACWI is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.81

Correlation (3Y)
Calculated over the trailing 3-year period

0.85

Correlation (5Y)
Calculated over the trailing 5-year period

0.88

Correlation (10Y)
Calculated over the trailing 10-year period

0.88

Correlation (All Time)
Calculated using the full available price history since Mar 28, 2008

0.87

The correlation between RXI and ACWI has been stable across timeframes, ranging from 0.81 to 0.88 - a consistent structural relationship.

RXI vs. ACWI - Sectors Allocation Comparison

Sectors
RXI
ACWI

Consumer Cyclical

95.0%
8.6%

Technology

3.9%
33.0%

Consumer Defensive

0.8%
4.7%

Industrials

0.2%
10.3%

Communication Services

0.1%
8.0%

Basic Materials

-

3.6%

Energy

-

3.6%

Financial Services

-

15.9%

Healthcare

-

7.7%

Real Estate

-

1.6%

Utilities

-

2.7%

Consumer Cyclical

RXI
95.0%
ACWI
8.6%

Technology

RXI
3.9%
ACWI
33.0%

Consumer Defensive

RXI
0.8%
ACWI
4.7%

Industrials

RXI
0.2%
ACWI
10.3%

Communication Services

RXI
0.1%
ACWI
8.0%

Basic Materials

RXI

-

ACWI
3.6%

Energy

RXI

-

ACWI
3.6%

Financial Services

RXI

-

ACWI
15.9%

Healthcare

RXI

-

ACWI
7.7%

Real Estate

RXI

-

ACWI
1.6%

Utilities

RXI

-

ACWI
2.7%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares Global Consumer Discretionary ETF

iShares MSCI ACWI ETF

Often compared with RXI:
RXI vs. KXIRXI vs. VCRRXI vs. XLPRXI vs. IEDIRXI vs. IBUYRXI vs. FDISRXI vs. VT
Often compared with ACWI:
ACWI vs. VTACWI vs. SPYACWI vs. VWRL.LACWI vs. ACWXACWI vs. ACWI.LACWI vs. VOOACWI vs. VTI

Return for Risk

RXI vs. ACWI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
RXI
RXI Risk / Return Rank: 1212
Overall Rank
RXI Sharpe Ratio Rank: 1212
Sharpe Ratio Rank
RXI Sortino Ratio Rank: 1212
Sortino Ratio Rank
RXI Omega Ratio Rank: 1111
Omega Ratio Rank
RXI Calmar Ratio Rank: 1212
Calmar Ratio Rank
RXI Martin Ratio Rank: 1212
Martin Ratio Rank
ACWI
ACWI Risk / Return Rank: 5858
Overall Rank
ACWI Sharpe Ratio Rank: 5858
Sharpe Ratio Rank
ACWI Sortino Ratio Rank: 5656
Sortino Ratio Rank
ACWI Omega Ratio Rank: 5858
Omega Ratio Rank
ACWI Calmar Ratio Rank: 5555
Calmar Ratio Rank
ACWI Martin Ratio Rank: 6565
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

RXI vs. ACWI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Global Consumer Discretionary ETF (RXI) 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.

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.

RXIACWIDifference
Sharpe ratioReturn per unit of total volatility
0.26
1.89

-1.63

Sortino ratioReturn per unit of downside risk
0.49
2.60

-2.11

Omega ratioGain probability vs. loss probability

1.06

1.34

-0.29

Calmar ratioReturn relative to maximum drawdown

0.28

2.64

-2.36

Martin ratioReturn relative to average drawdown

0.81

11.51

-10.70

RXI vs. ACWI - Sharpe Ratio Comparison

The current RXI Sharpe Ratio is 0.26, which is lower than the ACWI Sharpe Ratio of 1.89. The chart below compares the historical Sharpe Ratios of RXI and ACWI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

RXI vs. ACWI - Drawdown Comparison

The maximum RXI drawdown since its inception was -60.36%, which is greater than ACWI's maximum drawdown of -56.00%. Use the drawdown chart below to compare losses from any high point for RXI and ACWI.

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Drawdown Indicators

RXIACWIDifference

Max Drawdown

Largest peak-to-trough decline

-60.36%

-56.00%

-4.36%

Max Drawdown (1Y)

Largest decline over 1 year

-15.17%

-9.73%

-5.44%

Max Drawdown (3Y)

Largest decline over 3 years

-19.64%

-16.55%

-3.09%

Max Drawdown (5Y)

Largest decline over 5 years

-35.78%

-26.42%

-9.36%

Max Drawdown (10Y)

Largest decline over 10 years

-35.78%

-33.53%

-2.25%

Current Drawdown

Current decline from peak

-10.37%

-2.83%

-7.54%

Average Drawdown

Average peak-to-trough decline

-10.53%

-8.59%

-1.94%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.34%

2.23%

+3.11%

Volatility

RXI vs. ACWI - Volatility Comparison

iShares Global Consumer Discretionary ETF (RXI) and iShares MSCI ACWI ETF (ACWI) have volatilities of 5.67% and 5.57%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

RXIACWIDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.67%

5.57%

+0.10%

Volatility (6M)

Calculated over the trailing 6-month period

13.08%

11.38%

+1.70%

Volatility (1Y)

Calculated over the trailing 1-year period

16.71%

13.64%

+3.07%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

21.02%

16.20%

+4.82%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

20.09%

17.08%

+3.01%

RXI vs. ACWI - Expense Ratio Comparison

RXI has a 0.46% expense ratio, which is higher than ACWI's 0.32% expense ratio.

Dividends

RXI vs. ACWI - Dividend Comparison

RXI's dividend yield for the trailing twelve months is around 1.49%, more than ACWI's 1.45% yield.

PositionTTM20252024202320222021202020192018201720162015
ACWI
iShares MSCI ACWI ETF		1.45%1.55%1.70%1.88%1.79%1.71%1.43%2.33%2.18%1.94%2.19%2.56%
RXI
iShares Global Consumer Discretionary ETF		1.49%1.55%1.07%1.00%1.00%0.89%0.65%1.48%1.73%1.26%1.77%1.17%

Frequently Asked Questions

RXI and ACWI have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

RXI has higher volatility (5.67%) compared to ACWI (5.57%). In terms of maximum drawdown, RXI dropped -60.36% vs ACWI's -56.00%.

On 10-year performance, ACWI leads with 13.09% vs 9.97% for RXI. On fees, ACWI is cheaper at 0.32% per year. On volatility, ACWI has been the lower-risk option at 5.57%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, ACWI has performed better with a 13.09% return vs 9.97%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

ACWI is cheaper with a 0.32% expense ratio, compared with 0.46% for RXI.

RXI has the higher dividend yield at 1.49%, compared with 1.45% for ACWI.

RXI is categorized as Consumer Discretionary Equities, while ACWI is Global Equities. RXI tracks S&P Global Consumer Discretionary Index, while ACWI tracks MSCI All Country World Index. Their fees differ too: 0.46% for RXI and 0.32% for ACWI.

ACWI currently has the higher Sharpe Ratio (1.89 vs 0.26), 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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