There are ETF’s tracking four different all-world indices available for European investors. Quick comparison over them below.

| | MSCI ACWI | Solactive | FTSE AW | FTSE Global | ACWI IMI | FTSE Global All Cap Choice | | --- | --- | --- | --- | --- | --- | --- | | Coverage ~ | ~85% | ~85% | ~89% | ~98% | ~98% | ~97% | | Small caps | No | No | Some* | Yes | Yes | Yes ESG exclusions | | Stocks | 2461 | 3651 | 4265 | 10139 | 8216 | 8293 | | ETF(s) | SPYY / ACWE, IUSQ / ISAC, LYY0 / ACWI | WEBN | FWIA / FWRA, VWCE, ALLW | | SPYI / IMIE | V3AA | | Country | US 🇺🇸 | DE 🇩🇪 | UK 🇬🇧 | UK 🇬🇧 | US 🇺🇸 | UK 🇬🇧 |

*In MSCI companies are classified differently than by FTSE. Some Small Cap companies in MSCI indices are classified as Mid Cap in FTSE indices.

Performance Comparison (in NTR USD)

| Year | ACWI | Solac-tive | FTSE AW | FTSE Global | ACWI IMI | FTSE Global All Cap Choice | | --- | --- | --- | --- | --- | --- | --- | | 2025 | 22.34% | 22.78% | 22.62% | 22.41% | 22.06% | 20.9% | | 2024 | 17.49% | 17.31% | 17.2% | 16.69% | 16.37% | 17.53% | | 2023 | 22.2% | 22.44% | 22% | 22.03% | 21.58% | 24.4% | | 2022 | -18.36% | -18.37% | -18.07% | -17.98% | -18.4% | -22.48% | | 2021 | 18.54% | 18.49% | 18.4% | 18.40% | 18.22% | 18.08% | | 2020 | 16.25% | 15.86% | 16.01% | 16.63% | 16.25% | 20.4% | | Total | 78.46% | 78.51% | 78.16% | 78.18% | 76.08% | 78.83% |

Country categorized by index provider

Below is a comparison if a country is classified as Developed (D) or Emerging (E) in its index methodology.

Country FTSE MSCI Solactive Notes
Australia D D D
Austria D D D
Belgium D D D
Brazil E E E
Canada D D D
Chile E E E
China E E E
Colombia E E E
Czech Republic E E E
Denmark D D D
Egypt E E E
Finland D D D
France D D D
Germany D D D
Greece E E E
Hong Kong D D D
Hungary E E E
Iceland E - - Difference
India E E E
Indonesia E E E
Ireland D D D
Israel D D D
Italy D D D
Japan D D D
Kuwait E E E
Malaysia E E E
Mexico D D D
Netherlands D D D
New Zealand D D D
Norway D D D
Peru - E - Difference
Philippines E E E
Poland D E D Difference
Portugal D D D
Qatar E E E
Romania E - - Difference
Russian E E E Excluded due to War in Ukraine.
Saudi Arabia E E E
Singapore D D D
South Africa E E E
South Korea D E E Difference
Spain D D D
Sweden D D D
Switzerland D D D
Taiwan E E E
Thailand E E E
Turkey E E E
United Arab Emirates E E E
United Kingdom D D D
United States D D D