MSCI World

MSCI World Price Index (1969-2020)
Map of all countries included in the MSCI World index as of 28 Sep 2018

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

  Energy (5%)
  Materials (4%)
  Industrials (10%)
  Consumer Discretionary (11%)
  Consumer Staples (8%)
  Healthcare (14%)
  Financials (13%)
  Information Technology (22%)
  Communication Services (7%)
  Utilities (3%)
  Real Estate (3%)

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%

See also

References

  1. ^ "MSCI World Index - Factsheet" (PDF). msci.com. Retrieved 2 April 2024.
  2. ^ "MSCI World Index - Constituents". msci.com. Retrieved 2 April 2024.
  3. ^ "Frontier markets" (PDF).
  4. ^ start date of MSCI World FREE index history is December 31, 1969
  5. ^ "MSCI World Index (USD)".
  6. ^ "Index tools - MSCI". mscibarra.com.
  7. ^ "MSCI WORLD INDEX (USD)". Retrieved 12 January 2019.