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 throughiShares logoiShares MSCI ACWI UCITS ETF USD (Acc) (SSAC).

Every figure here is in pounds — what you'd actually pocket buying on the London Stock Exchange. Fund fact sheets usually headline returns in US dollars, which can look very different in years when the pound moves against the dollar. Here's the full story, year by year.

SSAC since 2011

Price history of SSAC tracking the MSCI ACWI Index£16£35£54£72£9120132016201920222025

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

SSAC returns by year (USD)

Last 5 years
+11.74%
average per year (CAGR)
Last 10 years
+12.77%
average per year (CAGR)
YearTotal return
2026 (so far)+12.33%
2025+13.95%
2024+19.63%
2023+16.14%
2022-8.56%
2021+20.35%
2020+11.80%
2019+22.09%
2018-4.76%
2017+13.26%
2016+29.60%
2015+1.60%
2014+11.27%
2013+21.20%
2012+9.30%
2011-35.63%

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

Compare SSAC head to head

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