MSCI World or S&P 500? Comparison, Returns & Historical Performance
The two indices share 68.8 % of their weight across 412 companies, and their daily returns correlate at 0.98. Holding both means buying much of the same thing twice — little is gained in spread, the weights simply shift.
Side by side
| MSCI World | S&P 500 | |
|---|---|---|
| Holdings covered | 1,131 | 474 |
| Volatility | 15.5 % | 16.6 % |
| Max drawdown | -16.9 % | -19.0 % |
| Cheapest ETF we cover | SPPW · 0.12 % | SPYL · 0.03 % |
The largest shared positions
| Company | MSCI World | S&P 500 |
|---|---|---|
| NVIDIA Corporation | 5.62 % | 8.14 % |
| Apple Inc. | 5.43 % | 7.42 % |
| Microsoft Corporation | 3.83 % | 5.55 % |
| Amazon.com Inc. | 2.70 % | 3.77 % |
| Alphabet Inc. Class A | 2.26 % | 3.10 % |
| Broadcom Inc. | 1.78 % | 2.57 % |
| Alphabet Inc. Class C | 1.77 % | 2.48 % |
| Meta Platforms Inc Class A | 1.61 % | 2.22 % |
| Micron Technology Inc. | 1.26 % | 1.74 % |
| Tesla Inc. | 1.15 % | 1.55 % |
Overlap and shared positions are computed from the holdings of one representative ETF each (XDWL and SXR8); of those we could attribute 94.7 % and 97.4 % of fund weight to individual companies, so real overlap is likely a little higher. The correlation covers 550 shared trading days.
The largest single holdings
MSCI World
NVIDIA Corporation 5.62 %
Apple Inc. 5.43 %
Microsoft Corporation 3.83 %
Amazon.com Inc. 2.70 %
Alphabet Inc. Class A 2.26 %
Broadcom Inc. 1.78 %- Alphabet Inc. Class C 1.77 %
Meta Platforms Inc Class A 1.61 %
Micron Technology Inc. 1.26 %
Tesla Inc. 1.15 %
S&P 500
- NVIDIA Corporation 8.14 %
- Apple Inc. 7.42 %
- Microsoft Corporation 5.55 %
- Amazon.com Inc. 3.77 %
- Alphabet Inc. Class A 3.10 %
- Broadcom Inc. 2.57 %
- Alphabet Inc. Class C 2.48 %
- Meta Platforms Inc Class A 2.22 %
- Micron Technology Inc. 1.74 %
- Tesla Inc. 1.55 %
More comparisons with these indices
| Comparison | Overlap |
|---|---|
| S&P 500 vs MSCI USA | 94 % |
| MSCI World vs MSCI World IMI | 84 % |
| MSCI World vs MSCI ACWI | 83 % |
| MSCI World vs MSCI USA | 71 % |
| MSCI World vs MSCI ACWI IMI | 70 % |
| S&P 500 vs Nasdaq 100 | 54 % |
| MSCI World vs MSCI World Quality | 40 % |
| MSCI World vs Nasdaq 100 | 40 % |
| S&P 500 vs S&P 500 Informationstechnologie | 38 % |
| MSCI World vs MSCI World Momentum | 30 % |
| MSCI World vs MSCI World Informationstechnologie | 30 % |
| S&P 500 vs Dow Jones | 29 % |
In the Alysly network
How MSCI World connects to ETFs, indices and neighbouring names — every link is a measured relation, not a recommendation.
- Apple Stock · contains
- Micron Technology Stock · contains
- Microsoft Corporation Stock · contains
- NVIDIA Corporation Stock · contains
- SWWD ETF · tracks
- EUNL ETF · tracks
- SPPW ETF · tracks
- XDWD ETF · tracks
- XDWL ETF · tracks
- URTH ETF · tracks