MSCI World or STOXX Europe 600? Returns Compared
The two indices share 13.0% of their weight across 330 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 | STOXX Europe 600 | |
|---|---|---|
| Holdings covered | 1,130 | 549 |
| Volatility | 15.5% | – |
| Max drawdown | -16.9% | – |
| Cheapest ETF we cover | SPPW · 0.12% | EXSA · 0.20% |
The Largest Shared Positions
| Company | MSCI World | STOXX Europe 600 |
|---|---|---|
| ASML Holding NV | 0.74% | 4.49% |
| HSBC Holdings plc | 0.38% | 2.28% |
| Shell Plc | 0.31% | 1.78% |
| Novartis AG | 0.29% | 1.83% |
| Astrazeneca plc | 0.27% | 1.70% |
| Nestle S.A. | 0.26% | 1.58% |
| Siemens N AG | 0.25% | 1.54% |
| SAP SE | 0.23% | 1.39% |
| Allianz SE | 0.20% | 1.22% |
| TotalEnergies SE | 0.19% | 1.37% |
Overlap and shared positions are computed from the holdings of one representative ETF each (XDWL and XSX7); of those we could attribute 94.6% and 86.9% 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 World
NVIDIA Corporation 5.77%
Apple Inc. 5.46%
Microsoft Corporation 3.94%
Amazon.com Inc. 2.62%
Alphabet Inc. Class A 2.21%- Alphabet Inc. Class C 1.74%
Broadcom Inc. 1.73%
Meta Platforms Inc Class A 1.73%
Micron Technology Inc. 1.31%
Tesla Inc. 1.12%
STOXX Europe 600
- ASML Holding NV 4.49%
- HSBC Holdings plc 2.28%
- Roche PS Par AG 1.99%
- Novartis AG 1.83%
- Shell Plc 1.78%
Astrazeneca plc 1.70%
Nestle S.A. 1.58%
Siemens N AG 1.54%- Banco Santander 1.41%
- SAP SE 1.39%
More Comparisons With These Indices
In the Alysly Network
The map shows how MSCI World connects to ETFs, indices and other names. Each link is based on measured data and is 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