The S&P 500 is down about 22% this year (as of Sep 23, 2022) while iShares MSCI ACWI ETF ACWI has added about 23.9% this year. iShares MSCI ACWI ETF (ACWI): ETF Research Reports The Bank of England hiked its key interest rate to 2.25% from 1.75% on Thursday and said it would continue to "respond forcefully, as necessary" to tame inflation, despite the economic concerns.