MSCI World
The MSCI World is a widely followed global stock market index that tracks the performance of around 1500 large and mid-cap companies across 23 developed countries.[1][2] It is maintained by MSCI, formerly Morgan Stanley Capital International, and is used as a common benchmark for global stock funds intended to represent a broad cross-section of global markets.
The index includes a collection of stocks of all the developed markets in the world, as defined by MSCI. But because the index excludes stocks from emerging and frontier economies, it is less worldwide than the name suggests. A related index, the MSCI All Country World Index (ACWI), incorporated both developed and emerging countries. MSCI also produces a Frontier Markets index, including another 31 markets.[3]
The MSCI World Index has been calculated since 1969,[4] in various forms: without dividends (Price Index), with net or with gross dividends reinvested (Net and Gross Index), in US dollars, Euro and local currencies.
Countries/regions
The index includes companies in the following countries/regions:
- Australia
- Austria
- Belgium
- Canada
- Denmark
- Finland
- France
- Germany
- Hong Kong
- Ireland
- Israel
- Italy
- Japan
- Netherlands
- New Zealand
- Norway
- Portugal
- Singapore
- Spain
- Sweden
- Switzerland
- United Kingdom
- United States
Sector representation
The GICS breakdown is shown here, with information technology being the biggest sector.
Total annual returns
| Year | Gross Annual Return (a) [citation needed][5] |
|---|---|
| 1970 | −1.98% |
| 1971 | 19.56% |
| 1972 | 23.55% |
| 1973 | −14.51% |
| 1974 | −24.48% |
| 1975 | 34.50% |
| 1976 | 14.71% |
| 1977 | 5.00% |
| 1978 | 18.22% |
| 1979 | 12.67% |
| 1980 | 27.72% |
| 1981 | −3.30% |
| 1982 | 11.27% |
| 1983 | 23.28% |
| 1984 | 5.77% |
| 1985 | 41.77% |
| 1986 | 42.80% |
| 1987 | 16.76% |
| 1988 | 23.95% |
| 1989 | 17.19% |
| 1990 | −16.52% |
| 1991 | 18.97% |
| 1992 | −4.66% |
| 1993 | 23.13% |
| 1994 | 5.58% |
| 1995 | 21.32% |
| 1996 | 14.00% |
| 1997 | 16.23% |
| 1998 | 24.80% |
| 1999 | 25.34% |
| 2000 | −12.92% |
| 2001 | −16.52% |
| 2002 | −19.54% |
| 2003 | 33.76% |
| 2004 | 15.25% |
| 2005 | 10.02% |
| 2006 | 20.65% |
| 2007 | 9.57% |
| 2008 | −40.33% |
| 2009 | 30.79% |
| 2010 | 12.34% |
| 2011 | −5.02% |
| 2012 | 16.54% |
| 2013 | 27.37% |
| 2014 | 5.50% |
| 2015 | −0.32% |
| 2016 | 8.15% |
| 2017 | 23.07% |
| 2018 | −8.20% |
| 2019 | 28.40% |
| 2020 | 16.50% |
| 2021 | 22.35% |
| 2022 | −17.73% |
| 2023 | 24.42% |
- (a) Total returns including reinvested dividends.[6][7]
See also
- FTSE Global Equity Index Series (FTSE All-World Index)
- Exchange-traded fund
- MSCI EAFE
- S&P Global 1200
- Stock market index
References
- ^ "MSCI World Index - Factsheet" (PDF). msci.com. Retrieved 2 April 2024.
- ^ "MSCI World Index - Constituents". msci.com. Retrieved 2 April 2024.
- ^ "Frontier markets" (PDF).
- ^ start date of MSCI World FREE index history is December 31, 1969
- ^ "MSCI World Index (USD)".
- ^ "Index tools - MSCI". mscibarra.com.
- ^ "MSCI WORLD INDEX (USD)". Retrieved 12 January 2019.