MSCI World
{{Use dmy dates|date=February 2023}}
{{Short description|Stock Index}}
File:MSCI World Price Index - History 1969 - 2020.svg
The MSCI World is a widely followed global stock market index that tracks the performance of around 1,500 large and mid-cap companies across 23 developed countries.{{cite web|url=https://www.msci.com/resources/factsheets/index_fact_sheet/msci-world-index.pdf|publisher=msci.com|title=MSCI World Index - Factsheet|access-date=2024-04-02}}{{cite web|url=https://www.msci.com/constituents|publisher=msci.com|title=MSCI World Index - Constituents|access-date=2024-04-02}} 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. The exclusion of stocks from emerging and frontier economies makes the index less worldwide than the name suggests. A related index, the MSCI All Country World Index (ACWI), incorporates both developed and emerging countries. MSCI also produces a Frontier Markets index, including another 31 markets.{{Cite web |title=Frontier markets |url=https://www.northerntrust.com/documents/white-papers/asset-management/frontier-markets-rise-again.pdf}}
The MSCI World Index has been calculated since 1969,[http://www.msci.com start date of MSCI World FREE index history is December 31, 1969] 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:
{{div col|colwidth=20em}}
- 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
{{div col end}}
Sector representation
{{Pie chart
|value1 = 22
|label1 = Information Technology
|value2 = 14
|label2 = Healthcare
|value3 = 13
|label3 = Financials
|value4 = 11
|label4 = Consumer Discretionary
|value5 = 10
|label5 = Industrials
|value6 = 8
|label6 = Consumer Staples
|value7 = 7
|label7 = Communication Services
|value8 = 5
|label8 = Energy
|value9 = 4
|label9 = Materials
|value10 = 3
|label10 = Utilities
|value11 = 3
|label11 = Real Estate
}}
The GICS breakdown is shown here, with information technology being the biggest sector.
Total annual returns
class="wikitable sortable" style="text-align:center" | |
Year
! Gross Annual | |
---|---|
1970 | style="color:red"|−1.98% |
1971 | 19.56% |
1972 | 23.55% |
1973 | style="color:red"|−14.51% |
1974 | style="color:red"|−24.48% |
1975 | 34.50% |
1976 | 14.71% |
1977 | 5.00% |
1978 | 18.22% |
1979 | 12.67% |
1980 | 27.72% |
1981 | style="color:red"|−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 | style="color:red"|−16.52% |
1991 | 18.97% |
1992 | style="color:red"|−4.66% |
1993 | 23.13% |
1994 | 5.58% |
1995 | 21.32% |
1996 | 14.00% |
1997 | 16.23% |
1998 | 24.80% |
1999 | 25.34% |
2000 | style="color:red"|−12.92% |
2001 | style="color:red"|−16.52% |
2002 | style="color:red"|−19.54% |
2003 | 33.76% |
2004 | 15.25% |
2005 | 10.02% |
2006 | 20.65% |
2007 | 9.57% |
2008 | style="color:red"|−40.33% |
2009 | 30.79% |
2010 | 12.34% |
2011 | style="color:red"|−5.02% |
2012 | 16.54% |
2013 | 27.37% |
2014 | 5.50% |
2015 | style="color:red"|−0.32% |
2016 | 8.15% |
2017 | 23.07% |
2018 | style="color:red"|−8.20% |
2019 | 28.40% |
2020 | 16.50% |
2021 | 22.35% |
2022 | style="color:red"|−17.73% |
2023 | 24.42% |
2024 | 19.19% |
- (a) Total returns including reinvested dividends.{{cite web|url=http://www.mscibarra.com/products/indices/international_equity_indices/definitions.html#TOTALRET|title=Index tools - MSCI|work=mscibarra.com}}{{dead link|date=May 2025}}{{Cite web|url=https://www.msci.com/documents/10199/178e6643-6ae6-47b9-82be-e1fc565ededb|title=MSCI WORLD INDEX (USD)|access-date=12 January 2019}}
See also
- FTSE Global Equity Index Series (FTSE All-World Index)
- Exchange-traded fund
- MSCI EAFE
- S&P Global 1200
- Stock market index