MSCI World Sector Neutral Quality Index

What the MSCI World Sector Neutral Quality Index is, where it lives officially, and how its ride has looked over the years.

What does the MSCI World Sector Neutral Quality Index track?

Roughly 300 developed-world companies with the tidiest books: high return on equity, stable earnings and little debt — picked sector by sector so the index doesn't just become a tech fund.

The global sibling of the S&P 500 Quality Index: profitable companies that don't live on borrowed money, wherever in the rich world they happen to be listed.

Maintained byMSCI logoMSCI
On this site we follow it throughiShares logoiShares Edge MSCI World Quality Factor UCITS ETF (Acc) (IWFQ).

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.

IWFQ since 2014

Price history of IWFQ tracking the MSCI World Sector Neutral Quality Index£16£29£41£54£662014201620182020202220242026

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

IWFQ returns by year (USD)

Last 5 years
+11.50%
average per year (CAGR)
Last 10 years
+12.78%
average per year (CAGR)
YearTotal return
2026 (so far)+11.18%
2025+7.40%
2024+18.93%
2023+19.15%
2022-9.55%
2021+25.17%
2020+10.93%
2019+25.86%
2018-2.34%
2017+12.47%
2016+26.01%
2015+7.50%
2014-33.59%

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

Compare IWFQ head to head

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