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iShares MSCI ACWI ex US ETF slightly outperforms S&P 500 in 2026 amid energy market volatility

Market News
25 Mar 2026
Seeking Alpha
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Neutral
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The iShares MSCI ACWI ex US ETF (ACWX) has marginally outperformed the S&P 500 so far in 2026, benefiting from cheaper valuations despite significant exposure to energy-importing countries in Europe and Asia. The ongoing Iran war creates near-term uncertainty, but a potential ceasefire could boost performance. ACWX has shown strong dividend growth over the past decade, supported by retained earnings and emerging markets exposure. However, investors should consider the risks from high cyclical exposure linked to the Middle East conflict when evaluating long-term value in this ETF.

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