The MSCI ACWI Ex-U.S.

What Is the MSCI ACWI Ex-U.S.?

The Morgan Stanley Capital International All Country World Index Ex-U.S. (MSCI ACWI Ex-U.S.) is a market-capitalization- weighted index kept up with by Morgan Stanley Capital International (MSCI). It is intended to give a broad measure of stock performance all through the world, with the exception of U.S.- based companies. The MSCI ACWI Ex-U.S. incorporates both developed and emerging markets.

Figuring out the MSCI ACWI Ex-U.S.

For investors who benchmark their U.S. what's more, international stocks separately, the MSCI ACWI Ex-U.S index gives a method for monitoring international exposure separated from U.S. investments. As of May 31, 2022, the MSCI ACWI Ex-U.S. held mid and large-cap holdings across 22 out of 23 countries classified as developed markets and 24 classified as emerging markets.

The main 10 holdings of the MSCI ACWI Ex-U.S. as of May 31, 2022, were as per the following: {(index weight %) [Sector]}

Taiwan Semiconductor (1.98%) [Information technology]
Settle (1.43%) [Consumer staples]
Tencent Holdings (1.11%) [Communication services]
Samsung Electronics Co. (1.09%) [Information technology]
Roche Holdings (1.00%)[Healthcare]
ASML HLDG (0.99%) [Information technology]
Shell (0.96%) [Energy]
Astrazeneca(0.85%) [Healthcare]
Novartis (0.83%) [Healthcare]
Alibaba Group Holdings ADR (0.78%) [Consumer discretionary]

These holdings range the accompanying nations with country weights of Japan (13.93%), United Kingdom (9.99%),China (8.86%), Canada (8.29%), France (7.19%), and Other (51.74%).

MSCI ACWI Ex-U.S. index sector weights incorporate Financials (20.43%), Industrials (11.93%), Information Technology (11.67%), Consumer Discretionary (11.02%), Health Care (9.4%), Materials (8.79%), Consumer Staples (8.61%), Communication Services (6.27%), Energy (6.1%), Utilities (3.34%), and Real Estate (2.45%).

Working out the MSCI ACWI Ex-U.S.

The MSCI ACWI Ex-U.S. Index not entirely set in stone on the MSCI Global Investable Market Indexes (GIMI) methodology. This approach to index construction takes into account global perspectives and regional comparisons across all market capitalization size, sector, and style portions and combinations. The methodology centers around index liquidity, investability, and replicability.

Portfolio managers audit the index quarterly — in February, May, August, and November. The aim of each audit is to reflect changes in the covered equity markets. Managers re-balance the index during the May and November audits and yet again work out the large and mid-capitalization cutoff points.

The MSCI ACWI Ex-U.S. Index ought not be confused with MSCI, the free provider of institutional investor experiences and apparatuses. Existing outside of any financial institution, MSCI consists of 222,000+ equity indexes that are calculated daily. Eminently, 1+ trillion in equity assets are benchmarked to MSCI indexes worldwide, while 99 of the main 100 global investment managers are clients of MSCI. MSCI's leading equity indexes incorporate the accompanying:

MSCI ACWI
MSCI USA
MSCI World
MSCI EAFE
MSCI Emerging Markets
MSCI Europe

Features

The MSCI ACWI Ex-U.S index is calculated with a methodology that spotlights on liquidity, investability, and replicability.
Sectors covered in the MSCI ACWI Ex-U.S index incorporate medical care, industry, finance, consumer staples, and data technology.
The MSCI ACWI Ex-U.S index is comprised of 2,307 constituents, which is 85% of the global equity market beside the U.S.
The MSCI ACWI Ex-U.S. is one of 222,000 indexes given by the MSCI.
The MSCI ACWI Ex-U.S. is a stock market index comprising of non-U.S. stocks from 22 developed markets and 24 emerging markets.