Top MSCI ACWI ETFs
The MSCI All Country World Index (MSCI ACWI) Factsheet
The MSCI All Country World Index (MSCI ACWI) is an international equity index, which tracks stocks from 23 developed and 23 emerging markets countries. This global index consists of the MSCI World (global index for developed countries) and the MSCI Emerging Markets (global index for emerging markets countries). However, emerging markets stocks are weighted with 9.64%, whereas stocks from developed markets account for 90.36%. With 2,470 constituents (as of 31/10/16), the index covers approximately 85% of the free float-adjusted global market capitalization.
Top country within the MSCI ACWI is USA with a weight of 53.06%, followed by Japan (8.10%) and the UK (6.70%). Top sectors within the MSCI ACWI are financial services (21.52%), information technology (14.87%) and consumer discretionary (12.95%). (Source: MSCI; MSCI Disclaimer; As of 31/12/2015).
ETF investors profit from price gains and dividends of the MSCI ACWI constituents. Currently, the MSCI ACWI index is tracked by 4 ETFs.
Cost of MSCI ACWI ETFs
The total expense ratio (TER) of MSCI ACWI ETFs is between 0.40% p.a. and 0.60% p.a.. In comparison, an actively managed global equity fund like the Fidelity Funds - International Fund A (USD) costs around 1.91% per year. Calculate your individual cost savings by using our cost calculator.
The best MSCI ACWI ETF by 1-year fund return as of 31/12/16
|1||SPDR MSCI ACWI UCITS ETF||31.29%|
|2||iShares MSCI ACWI UCITS ETF||29.91%|
|3||Lyxor UCITS ETF MSCI All Country World C-USD||29.72%|
The largest MSCI ACWI ETF by fund size in GBP
|1||iShares MSCI ACWI UCITS ETF||328 m|
|2||SPDR MSCI ACWI UCITS ETF||326 m|
|3||db x-trackers MSCI AC World Index UCITS ETF (DR) 1C||120 m|
The cheapest MSCI ACWI ETF by total expense ratio
|1||SPDR MSCI ACWI UCITS ETF||0.40% p.a.|
|2||Lyxor UCITS ETF MSCI All Country World C-USD||0.45% p.a.|
|3||db x-trackers MSCI AC World Index UCITS ETF (DR) 1C||0.50% p.a.|
MSCI ACWI ETFs in comparison
Besides return, there are further important factors to consider when selecting a MSCI ACWI ETF. In order to provide a sound decision basis, you find a list of all MSCI ACWI ETFs with details on size, cost, age, use of profits, fund domicile and replication method ranked by fund size.
in m GBP
|Use of profits||Fund domicile||Replication method|
|iShares MSCI ACWI UCITS ETFIE00B6R52259||328||0.60% p.a.||Accumulating||Ireland||Optimized sampling|
|SPDR MSCI ACWI UCITS ETFIE00B44Z5B48||326||0.40% p.a.||Accumulating||Ireland||Optimized sampling|
|db x-trackers MSCI AC World Index UCITS ETF (DR) 1CIE00BGHQ0G80||120||0.50% p.a.||Accumulating||Ireland||Optimized sampling|
|Lyxor UCITS ETF MSCI All Country World C-USDFR0011093418||10||0.45% p.a.||Accumulating||France||Unfunded swap|
Source: justETF.com; As of 21/01/17
Return comparison of all MSCI ACWI ETFs
The table shows the returns of all MSCI ACWI ETFs in comparison. All return figures are including dividends as of month end. Besides the return the reference date on which you conduct the comparison is important. In order to find the best ETFs, you can also perform a chart comparison.
|SPDR MSCI ACWI UCITS ETF||3.50%||6.59%||16.25%||31.29%||48.10%|
|iShares MSCI ACWI UCITS ETF||3.31%||6.34%||16.00%||29.91%||45.90%|
|Lyxor UCITS ETF MSCI All Country World C-USD||3.51%||6.50%||16.17%||29.72%||46.68%|
|db x-trackers MSCI AC World Index UCITS ETF (DR) 1C||3.11%||7.11%||16.02%||29.18%||-|
|SPDR MSCI ACWI UCITS ETF||-||31.29%||2.47%||10.09%||19.47%|
|Lyxor UCITS ETF MSCI All Country World C-USD||-||29.72%||2.40%||10.42%||19.96%|
|db x-trackers MSCI AC World Index UCITS ETF (DR) 1C||-||29.18%||1.58%||-||-|
|iShares MSCI ACWI UCITS ETF||-||29.91%||1.85%||10.27%||19.59%|
Source: justETF.com; As of 31/12/16; Calculations in GBP including dividends