What is the difference between MSCI World and MSCI ACWI?
The ACWI also includes emerging markets. The MSCI World only covers developed countries.
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Compared with IWDA it adds emerging markets, which slightly reduces the US weight and increases the number of holdings. Compared with VWCE it covers the same ground with a different index family: the most visible difference is South Korea, classed as emerging by MSCI and developed by FTSE. Its TER is higher than VWCE's after Vanguard's 2026 fee cut.
The ACWI also includes emerging markets. The MSCI World only covers developed countries.
Both cover the world's large and mid-cap stocks. The index family, number of holdings and TER differ.
No. The model spreads this exposure across regional ETFs such as SXR8, IMEU and EMIM.