MSCI World Financials Index

The financial sector reacts strongly to interest rates: rising policy rates typically widen banks’ net interest margins.

The constituents come from the MSCI World, where the history and composition of the full index are shown.

The ten largest holdings make up 31.1% of the MSCI World Finanzwesen, out of 230 holdings in total; the largest sector is Diversified Banks at 41.9% (as of Oct 31, 2026).

Composition – 50 Largest Holdings

Based on: Xtrackers MSCI World Financials UCITS ETF 1c · as of Oct 31, 2026 · 230 holdings

Composition – 50 largest holdings

#	Stock	Ticker	Sector	Country	Weight
1	JPMorgan Chase & Co.	JPM	Diversified Banks	United States	6.24%
2	Berkshire Hathaway Inc. Class B	BRK B	Multi-Sector Holdings	United States	5.22%
3	Visa Inc. Class A	V	Transaction & Payment Processing Services	United States	4.66%
4	Mastercard Incorporated Class A	MA	Transaction & Payment Processing Services	United States	3.53%
5	Bank of America Corp	BAC	Diversified Banks	United States	2.27%
6	HSBC Holdings plc	HSBA	Diversified Banks	United Kingdom	2.03%
7	Royal Bank of Canada	RY	Diversified Banks	Canada	1.96%
8	Goldman Sachs Group Inc.	GS	Investment Banking & Brokerage	United States	1.87%
9	Wells Fargo & Company	WFC	Diversified Banks	United States	1.76%
10	Mitsubishi UFJ Financial Group Inc.	8306	Diversified Banks	Japan	1.60%

Show holdings 11 to 50

• Morgan Stanley 1.53%
• Citigroup Inc. 1.47%
• Toronto-Dominion Bank 1.44%
• Commonwealth Bank of Australia 1.34%
• Allianz SE 1.28%
• BlackRock Inc. 1.18%
• American Express Company 1.17%
• Banco Santander 1.15%
• UBS Group AG 1.02%
• Sumitomo Mitsui Financial Group Inc. 1.02%
• Charles Schwab Corp 1.01%
• S&P Global Inc. 0.95%
• Banco Bilbao Vizcaya Argentaria S.A. 0.93%
• Progressive Corporation 0.92%
• Chubb Limited 0.86%
• Capital One Financial Corp 0.83%
• Bank of Montreal 0.82%
• DBS Group Holdings Ltd. 0.81%
• Bank of Nova Scotia 0.80%
• Mizuho Financial Group Inc. 0.79%
• UniCredit S.p.A. 0.77%
• Zurich Insurance Group Ltd 0.76%
• Canadian Imperial Bank of Commerce 0.74%
• CME Group Inc. Class A 0.73%
• Bank of New York Mellon Corp 0.69%
• BNP Paribas S.A. Class A 0.66%
• Tokio Marine Holdings Inc. 0.66%
• Marsh & McLennan Companies Inc. 0.65%
• U.S. Bancorp 0.65%
• AIA Group Limited 0.65%
• Intesa Sanpaolo S.p.A. 0.65%
• ING Groep N.V. 0.63%
• PNC Financial Services Group Inc. 0.63%
• Intercontinental Exchange Inc. 0.63%
• National Australia Bank Limited 0.62%
• Blackstone Inc. 0.61%
• Westpac Banking Corp. 0.61%
• ANZ Group Holdings Limited 0.59%
• Travelers Companies Inc. 0.57%
• Munchener Ruckversicherungs-Gesellschaft AG 0.54%

Sectors

Diversified Banks41.9%

Transaction & Payment Processing Services9.9%

Property & Casualty Insurance6.6%

Multi-Sector Holdings6.1%

Investment Banking & Brokerage5.9%

Financial Exchanges & Data5.6%

Asset Management & Custody Banks5.4%

Life & Health Insurance4.6%

Multi-line Insurance3.6%

Consumer Finance2.3%

Insurance Brokers1.9%

Diversified Capital Markets1.9%

Countries

United States53.8%

Canada8.7%

Japan6.7%

United Kingdom5.1%

Australia4.2%

Germany3.0%

Switzerland2.8%

Spain2.6%

Italy2.4%

Singapore1.7%

France1.6%

Netherlands1.5%

Data note 2

MSCI World Financials Index Funds and ETFs