Global Stock ETF Loses 3 Trillion Won in a Day

iShares MSCI ACWI ETF (ticker: ACWI), a Nasdaq-listed fund that invests in stocks worldwide, plunged 10.85% on April 10 in U.S. trading, closing at $129.33. In a single day it wiped out about $2.6 billion in market value (roughly ₩3 trillion), reducing its total market capitalization to around $26.5 billion (approximately ₩30 trillion).

According to BlackRock’s April 2 data, ACWI’s assets under management stand at about $28.4 billion, and it remains a flagship global ETF diversified across more than 2,000 large- and mid-cap stocks worldwide. In the same report, Morningstar awarded the fund a four-star rating and a Bronze Medal, noting that it has delivered top-tier risk-adjusted returns among global large-cap blend funds. (Source: ishares.com)

ACWI passively tracks the MSCI All Country World Index, holding both developed- and emerging-market equities—including the U.S.—and offers broad exposure to roughly 85% of the global investable equity market capitalization. Since its launch in 2008, it has been embraced by long-term investors seeking a “one-fund global portfolio” as a simple way to gain full-market exposure. (Source: etfcentral.com)