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The Daily Insight

How much of MSCI ACWI is emerging markets?

Author

Andrew Walker

Updated on February 07, 2026

How much of MSCI ACWI is emerging markets?

The MSCI Emerging Markets(EM) Index was launched in 1988 including 10 countries with a weight of about 0.9% in the MSCI ACWI Index. Currently, it captures 26 countries across the globe and has a weight of 12% in the MSCI ACWI Index.

Is Acwi market cap weighted?

ACWI tracks a market-cap-weighted index of large- and midcap global stocks, covering 85% of the developed and emerging markets capitalization.

How much of MSCI ACWI is Europe?

approximately 85%
The MSCI ACWI ex Europe Index captures large and mid cap representation across 8 of 23 Developed Markets (DM) countries and 26 Emerging Markets (EM) countries*. With 2,533 constituents, the index covers approximately 85% of the global equity opportunity set outside Europe.

What is the difference between MSCI ACWI and MSCI World?

The MSCI World Index only includes stocks of developed markets (think the US, Western Europe, Japan, Canada, Australia, etc), while MSCI ACWI includes stocks in both developed and emerging markets (think China, India, Brazil, etc).

What does ACWI IMI stand for?

MSCI ACWI Investable Market Index
The MSCI ACWI Investable Market Index (IMI) captures large, mid and small cap representation across 23 Developed Markets (DM) and 27 Emerging Markets (EM) countries.

What does Acwi stand for?

MSCI All Country World Index
The MSCI All Country World Index (ACWI) is a stock index designed to track broad global equity-market performance. Maintained by Morgan Stanley Capital International (MSCI), the index is comprised of the stocks of about 3,000 companies from 23 developed countries and 26 emerging markets. 1.

What is the iShares MSCI ACWI index ETF?

The iShares MSCI ACWI ETF seeks to track the investment results of an index composed of large and mid-capitalization developed and emerging market equities.

How many countries are included in the MSCI ACWI index?

The ACWI is a global index that includes almost 3,000 large- and mid-cap equities across 11 different sectors. These equities represent 23 developed markets and 26 emerging markets, for a total of 49 markets across the globe, capturing roughly 85% of global equity opportunities. 1 

Are there any ETFs that track the MSCI all World index?

Some popular all-world ETFs include: The MSCI ACWI is a market-cap-weighted global index that represents around 3,000 large- and mid-cap securities from 49 developed and emerging markets. U.S. investors can use an ETF based on the ACWI or its variations to achieve a well-diversified global portfolio.

Are there any Morningstar ratings for ACWI ETF?

There is no data available for this component. The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating. Will ACWI outperform in future?

The iShares MSCI ACWI ETF seeks to track the investment results of an index composed of large and mid-capitalization developed and emerging market equities.

The ACWI is a global index that includes almost 3,000 large- and mid-cap equities across 11 different sectors. These equities represent 23 developed markets and 26 emerging markets, for a total of 49 markets across the globe, capturing roughly 85% of global equity opportunities. 1 

Is the ACWI index a proxy for the stock market?

The fund tracks a market-cap-selected and -weighted index that is a subset of our benchmark, excluding small-caps and frontier-market firms. As a result, ACWI tilts larger than our benchmark. The fund adviser uses a representative sampling of the index in managing the fund. Still, the fund is an excellent proxy for the global stock market.

There is no data available for this component. The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating. Will ACWI outperform in future?