MSCI World or STOXX Europe 600?

The two indices share 12.3 % 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 World or STOXX Europe 600?
MSCI WorldSTOXX Europe 600
Holdings covered1,146541
Volatility15.7 %–
Max drawdown-16.9 %–
Cheapest ETF we coverSPPW · 0.12 %EXSA · 0.20 %

The largest shared positions

Shared positions
CompanyMSCI WorldSTOXX Europe 600
HSBC Holdings plc0.38 %2.24 %
Novartis AG0.30 %1.89 %
Nestle S.A.0.28 %1.62 %
Shell plc0.27 %1.59 %
Astrazeneca plc0.26 %1.59 %
Siemens N AG0.26 %1.48 %
Allianz SE0.21 %1.22 %
UBS Group AG0.18 %1.06 %
Rolls-Royce Holdings plc0.18 %1.10 %
TotalEnergies SE0.18 %1.26 %

Overlap and shared positions are computed from the holdings of one representative ETF each (XDWD and XSX6); of those we could attribute 93.2 % and 79.9 % of fund weight to individual companies, so real overlap is likely a little higher. The correlation covers 0 shared trading days.

Data note 1

Data note 2

The largest single holdings

MSCI World

STOXX Europe 600

More comparisons with these indices

In the Alysly network

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

View the full network