MSCI Europe or Euro STOXX 50?

The two indices share 23.1 % of their weight across 40 companies, and their daily returns correlate at 0.95. Partly the same companies at noticeably different weights — the second index shifts the emphasis rather than doubling up.

Side by side

MSCI Europe or Euro STOXX 50?
MSCI EuropeEuro STOXX 50
Holdings covered34440
Volatility16.8 %19.3 %
Max drawdown-14.7 %-16.1 %
Cheapest ETF we coverSPYE · 0.08 %

The largest shared positions

Shared positions
CompanyMSCI EuropeEuro STOXX 50
Siemens N AG1.62 %4.46 %
Allianz SE1.31 %3.65 %
TotalEnergies SE1.17 %3.77 %
Banco Bilbao Vizcaya Argentaria S.A.1.10 %3.05 %
Iberdrola SA1.01 %2.83 %
Airbus Group1.01 %2.77 %
Safran SA0.99 %2.94 %
Siemens Energy N AG0.95 %2.76 %
LVMH Moet Hennessy Louis Vuitton SE0.95 %2.61 %
UniCredit S.p.A.0.91 %2.80 %

Overlap and shared positions are computed from the holdings of one representative ETF each (XMEU and XESX); of those we could attribute 78.9 % and 66.8 % of fund weight to individual companies, so real overlap is likely a little higher. The correlation covers 510 shared trading days.

Data note 1

Data note 2

The largest single holdings

MSCI Europe

Euro STOXX 50

More comparisons with these indices

In the Alysly network

How MSCI Europe connects to ETFs, indices and neighbouring names — every link is a measured relation, not a recommendation.

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