MSCI World Index
What the MSCI World Index is, where it lives officially, and how its ride has looked over the years.
What does the MSCI World Index track?
About 1,300 large and mid-sized companies across 23 developed countries — the US, Europe, Japan and beyond — covering roughly 85% of each market. The classic "one number for the rich world's stock markets".
Despite the name it is not the whole world: emerging markets like China and India are not invited (that's what ACWI is for). Think of it as the developed world in one basket.
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.
EUNL since 2009
The chart shows the dividend-adjusted share price of EUNL, the ETF tracking this index — not the raw index level. The shape of the ride is the same.
EUNL returns by year (EUR)
| Year | Total return |
|---|---|
| 2026 (so far) | +11.86% |
| 2025 | +7.90% |
| 2024 | +25.93% |
| 2023 | +20.13% |
| 2022 | -13.59% |
| 2021 | +32.71% |
| 2020 | +5.48% |
| 2019 | +31.34% |
| 2018 | -5.13% |
| 2017 | +7.71% |
| 2016 | +10.91% |
| 2015 | +10.81% |
| 2014 | +20.38% |
| 2013 | +21.89% |
| 2012 | +12.45% |
| 2011 | -3.26% |
| 2010 | +19.38% |
| 2009 | +4.65% |
Calendar-year total returns of EUNL in EUR, dividends reinvested — the ETF tracking this index, not the raw index level.
Compare EUNL head to head
Yearly returns side by side against the other funds we track.