Best ETFs for Global Indices: Ranked List of World ETFs

MSCI has been calculating global equity indices since 1969, making its benchmarks — including the MSCI World and MSCI ACWI — among the most widely tracked in the world. Together with FTSE Russell and the newer European provider Solactive (established in 2007), these three firms supply the indices behind virtually every global index ETF available.

A single global index ETF can hold thousands of stocks across more than 40 countries, weighted by market capitalisation. The main indices differ in scope:

  • MSCI World: Tracks around 1,300 large- and mid-cap companies across 23 developed markets, covering approximately 85% of free-float market cap in each country. Despite the name, it excludes emerging markets entirely.
  • MSCI ACWI: Expands coverage to 23 developed and 26 emerging markets across 11 sectors — the broadest MSCI equity benchmark. Currently tracked by multiple ETFs including iShares MSCI ACWI ETF (ACWI).
  • FTSE All-World: FTSE Russell’s counterpart to the MSCI ACWI, with approximately 4,254 constituents covering 90–95% of investable market cap. Calculated since 1986, it serves as the basis for several Vanguard funds, including Vanguard FTSE All-World UCITS ETF.
  • Solactive GBS Global Markets: Used by Amundi in products like the Amundi Prime All Country World UCITS ETF, offering an alternative to MSCI and FTSE licensing.

One detail worth noting: FTSE and MSCI classify certain countries differently. For example, FTSE treats South Korea as a developed market while MSCI does not. Mixing ETFs from different index providers can create unintended overlaps or gaps in country exposure.

US stocks dominate all major global indices due to market-cap weighting. Sectors like information technology, financial services, and industrials carry the heaviest weight in the MSCI World. Most global ETFs hold only large- and mid-cap stocks — the bottom 10–15% of small caps is typically excluded. Providers often use statistical sampling rather than holding every single index constituent.

For ETFs focused specifically on developed markets, see our Best MSCI World ETFs page. For emerging-market-only exposure, the Emerging Markets ETFs list covers that segment separately.

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The table below presents a ranked selection of leading global index ETFs tracking benchmarks like MSCI World, MSCI ACWI, and FTSE All-World. All data — including fees, holdings, and performance — updates automatically.

The Best Stock Index ETFs
StockPriceChange %52 Week Range
SPY
SPDR S&P 500 ETF Trust
SPY
$746.741.04%
QQQ
Invesco QQQ Trust Series I
QQQ
$740.622.51%
IWM
iShares Russell 2000 ETF
IWM
$295.591.97%
DIA
SPDR Dow Jones Industrial Average ETF Trust
DIA
$515.520.12%
VTI
Vanguard Total Stock Market ETF
VTI
$369.991.16%
MDY
SPDR S&P Midcap 400 ETF Trust
MDY
$691.001.00%
DBC
Invesco DB Commodity Index Tracking Fund
DBC
$27.630.29%
FEZ
SPDR EURO STOXX 50 ETF
FEZ
$70.061.18%
OEF
iShares S&P 100 ETF
OEF
$368.661.24%
IWF
iShares Russell 1000 Growth ETF
IWF
$123.191.31%
IWD
iShares Russell 1000 Value ETF
IWD
$242.180.75%
PFF
iShares Preferred & Income Securities ETF
PFF
$31.230.45%
VOO
Vanguard S&P 500 ETF
VOO
$688.110.98%
IJH
iShares Core S&P Mid-Cap ETF
IJH
$75.781.07%
IWO
iShares Russell 2000 Growth ETF
IWO
$389.042.37%
IWN
iShares Russell 2000 Value ETF
IWN
$216.871.49%
ACWI
iShares MSCI ACWI ETF
ACWI
$157.741.24%
IEMG
iShares Core MSCI Emerging Markets ETF
IEMG
$85.633.14%