MSCI World or MSCI USA: Financials? Returns Compared
The two indices share 50.1% of their weight across 76 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 World Financials | MSCI USA Financials | |
|---|---|---|
| Holdings covered | 205 | 76 |
| Volatility | – | – |
| Max drawdown | – | – |
| Cheapest ETF we cover | WFIN · 0.30% | – |
The Largest Shared Positions
| Company | MSCI World Financials | MSCI USA Financials |
|---|---|---|
| JPMorgan Chase & Co. | 6.17% | 12.00% |
| Berkshire Hathaway Inc. Class B | 4.82% | 9.38% |
| Visa Inc. Class A | 4.12% | 8.02% |
| Mastercard Incorporated Class A | 3.12% | 6.06% |
| Bank of America Corp | 2.49% | 4.84% |
| Goldman Sachs Group Inc. | 1.87% | 3.63% |
| Wells Fargo & Company | 1.70% | 3.31% |
| Morgan Stanley | 1.57% | 3.05% |
| Citigroup Inc. | 1.55% | 3.01% |
| American Express Company | 1.11% | 2.15% |
Overlap and shared positions are computed from the holdings of one representative ETF each (XDWF and XUFN); of those we could attribute 92.5% and 97.5% 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 World Financials
JPMorgan Chase & Co. 6.17%- Berkshire Hathaway Inc. Class B 4.82%
Visa Inc. Class A 4.12%
Mastercard Incorporated Class A 3.12%
Bank of America Corp 2.49%- HSBC Holdings plc 2.33%
Royal Bank of Canada 1.89%
Goldman Sachs Group Inc. 1.87%- Mitsubishi UFJ Financial Group Inc. 1.71%
Wells Fargo & Company 1.70%
MSCI USA Financials
- JPMorgan Chase & Co. 12.00%
- Berkshire Hathaway Inc. Class B 9.38%
- Visa Inc. Class A 8.02%
- Mastercard Incorporated Class A 6.06%
- Bank of America Corp 4.84%
- Goldman Sachs Group Inc. 3.63%
- Wells Fargo & Company 3.31%
Morgan Stanley 3.05%
Citigroup Inc. 3.01%
Charles Schwab Corp 2.15%
In the Alysly Network
The map shows how MSCI World Financials connects to ETFs, indices and other names. Each link is based on measured data and is not a recommendation.
- HSBC Holdings Stock · contains
- XDWF ETF · tracks
- WFIN ETF · tracks