MSCI ACWI Index

What the MSCI ACWI Index is, where it lives officially, and how its ride has looked over the years.

What does the MSCI ACWI Index track?

ACWI stands for All Country World Index: about 2,500 large and mid-sized companies across 23 developed and 24 emerging markets, maintained by MSCI.

One number for "how did the world's stock markets do today" — the US is the biggest slice, but Japan, Europe, China and many others are in the basket too.

Maintained byMSCI logoMSCI
On this site we follow it throughState Street logoSPDR MSCI ACWI UCITS ETF (Acc) (SPYY).

Every figure here is in euros — what you'd actually pocket buying on Xetra. Fund fact sheets usually headline returns in US dollars, which can look very different: in 2025 a world tracker rose about 23% in dollars but only about 9% in euros, because the euro gained roughly 13% against the dollar. Here's the full story, year by year.

SPYY since 2012

Price history of SPYY tracking the MSCI ACWI Index€53€110€167€224€28120132016201920222025

The chart shows the dividend-adjusted share price of SPYY, the ETF tracking this index — not the raw index level. The shape of the ride is the same.

SPYY returns by year (EUR)

Last 5 years
+12.39%
average per year (CAGR)
Last 10 years
+10.92%
average per year (CAGR)
YearTotal return
2026 (so far)+13.67%
2025+9.46%
2024+24.56%
2023+18.22%
2022-13.76%
2021+29.02%
2020+5.12%
2019+30.21%
2018-6.02%
2017+8.80%
2016+12.34%
2015+8.88%
2014+18.80%
2013+17.52%
2012+9.67%

Calendar-year total returns of SPYY in EUR, dividends reinvested — the ETF tracking this index, not the raw index level.

Compare SPYY head to head

Yearly returns side by side against the other funds we track.