FPAA vs ACWI
5YInvestment Managers Series Trust III - FPA Global Allocation ETF · $32MiShares MSCI ACWI ETF · $32.8B
[…]3 years · per year[…] · $18,581+22.9%
[…]5 years · per year[…] · $16,513+10.6%
1.33%Expense ratio$133 · $32 on $10k · lower wins0.32%
0.50%12-mo yield$50 · $142 on $10k1.42%
[…]Worst dropSmaller wins−9.7%
[…]VolatilityLower wins14.2%
0–2ACWI wins
$10,000 · 5 yearsAll three, one scale
Shared top holdingsFPAA · ACWI
They share no top holdings, or holdings aren’t on file […]
Held in common0.0%
End-of-day Nov 4, 2026 · $10,000 5 years ago, dividends reinvested · ● winner of the row · each row scaled to the bigger of the two