MSCI Europe or STOXX Europe 600?
The two indices share 72.6 % of their weight across 331 companies, and their daily returns correlate at 0.00. Partly the same companies at noticeably different weights — the second index shifts the emphasis rather than doubling up.
Side by side
| MSCI Europe | STOXX Europe 600 | |
|---|---|---|
| Holdings covered | 344 | 541 |
| Volatility | 16.8 % | – |
| Max drawdown | -14.7 % | – |
| Cheapest ETF we cover | SPYE · 0.08 % | EXSA · 0.20 % |
The largest shared positions
| Company | MSCI Europe | STOXX Europe 600 |
|---|---|---|
| HSBC Holdings plc | 2.42 % | 2.24 % |
| Novartis AG | 1.96 % | 1.89 % |
| Nestle S.A. | 1.76 % | 1.62 % |
| Astrazeneca plc | 1.68 % | 1.59 % |
| Shell plc | 1.71 % | 1.59 % |
| Siemens N AG | 1.62 % | 1.48 % |
| Allianz SE | 1.31 % | 1.22 % |
| TotalEnergies SE | 1.17 % | 1.26 % |
| Rolls-Royce Holdings plc | 1.20 % | 1.10 % |
| UBS Group AG | 1.18 % | 1.06 % |
Overlap and shared positions are computed from the holdings of one representative ETF each (XMEU and XSX6); of those we could attribute 78.9 % and 79.9 % of fund weight to individual companies, so real overlap is likely a little higher. The correlation covers 0 shared trading days.
The largest single holdings
MSCI Europe
- ASML Holding Adr Representing 4.64 %
- HSBC Holdings plc 2.42 %
- Roche PS Par AG 2.22 %
- Novartis AG 1.96 %
- Nestle S.A. 1.76 %
Shell plc 1.71 %
Astrazeneca plc 1.68 %- Siemens N AG 1.62 %
- SAP SE 1.48 %
- Banco Santander 1.45 %
STOXX Europe 600
- ASML Holding Adr Representing 4.29 %
- HSBC Holdings plc 2.24 %
- Roche PS Par AG 2.05 %
- Novartis AG 1.89 %
- Nestle S.A. 1.62 %
- Astrazeneca plc 1.59 %
- Shell plc 1.59 %
- Siemens N AG 1.48 %
- Banco Santander 1.38 %
- SAP SE 1.32 %
More comparisons with these indices
- MSCI Europe vs MSCI EMU39 %
- MSCI Europe vs Euro STOXX 5023 %
- MSCI World vs MSCI Europe13 %
- MSCI World vs STOXX Europe 60012 %
- MSCI Europe vs DAX11 %
- DAX vs STOXX Europe 60010 %
- MSCI Europe vs MSCI Europe Small Cap0 %
- S&P 500 vs STOXX Europe 6000 %
In the Alysly network
How MSCI Europe connects to ETFs, indices and neighbouring names — every link is a measured relation, not a recommendation.
- Astrazeneca Stock · contains
- HSBC Holdings Stock · contains
- Nestle S.A. Stock · contains
- Novartis Stock · contains
- Shell Stock · contains
- Siemens N Stock · contains
- IMEA ETF · tracks
- SPYE ETF · tracks
- XMEU ETF · tracks
- XIEE ETF · tracks