3 Trillion Won Vanished in a Day… Major ETF Tracking Global Stocks Plummets

iShares MSCI ACWI ETF (iShares Trust MSCI ACWI ETF: ACWI) closed at $144.43 on the Nasdaq on the 30th, down 7.31%, trimming its market capitalization by about $2.056 billion (roughly 3 trillion KRW) in a single day. Trading volume reached 2.12 million shares, reflecting concentrated sell orders in global diversified ETFs.

Earlier this month, the ETF had hit consecutive 52-week highs of $160.03 in U.S. trading and €107 in European sessions, demonstrating strength until recently. Meanwhile, a June SEC filing showed that Circle Wealth Management and Capital International Investors significantly boosted their ACWI holdings in Q4 last year, indicating steady inflows driven by global diversification demand.

Managed by BlackRock, the iShares MSCI ACWI ETF tracks the MSCI ACWI Index, which spans large- and mid-cap stocks across developed and emerging markets, effectively offering a single investment in the entire global equity market. With about $30 billion in net assets (around 40 trillion KRW) and an annual expense ratio of 0.32%, it serves as a core portfolio holding for global investors seeking long-term, diversified exposure.