The iShares MSCI ACWI ETF (NasdaqGS: ACWI) rose 1.6% on both Monday and Friday, but the ETF that tracks the MSCI All Country World Index still fell 6.5% year-to-date. While traders stepped back into risk assets, ongoing concerns over rising interest rates and geopolitical tensions in Eastern Europe remain a lingering uncertainty for investors. The Federal Reserve has signaled that it was willing to taper its bonding purchasing program and hike interest multiple times this year to combat inflation, which has jumped to multi-decade highs.