Index Definitions

This is a list of stock indexes found in Asset Camp. Each entry describes which region or country the index covers and how the index is compiled. You can find a list of index mutual funds and ETFs to invest in these indexes here.

MSCI ACWI All Country World Index #

A global measure of developed and emerging market stocks. The MSCI ACWI Index is comprised of close to 3,000 stocks from nearly 50 countries. 

The acronym ACWI stands for All Country World Index

The MSCI ACWI Index includes 85% of the world’s investable publicly traded common stocks.

The MSCI ACWI Index ranks holdings by size as measured by market capitalization. 

Market capitalization is calculated by multiplying the common stock shares outstanding by the price. 

The index is denominated in U.S. dollars.

MSCI ACWI ex USA Index #

A global measure of developed and emerging markets stocks outside of the United States. The MSCI ACWI ex USA Index is comprised of over 2,300 stocks from 46 countries. 

The acronym ACWI stands for All Country World Index.

The MSCI ACWI ex USA Index includes 85% of the world’s investable publicly traded common stocks outside of the United States as measured by market capitalization.

The MSCI ACWI Index ranks holdings by size, as measured by market capitalization. 

Market capitalization is calculated by multiplying the common stock shares outstanding by the price. 

The index is denominated in U.S. dollars.

MSCI AC Americas Index #

A measure of developed and emerging market stocks in North, Central, and South America. 

The acronym AC stands for “all country”.

The MSCI AC Americas Index is comprised of over 800 stocks from 7 countries. 

The MSCI AC Americas Index ranks holdings by size as measured by market capitalization with United States stocks comprising over 90% of the index. 

Market capitalization is calculated by multiplying the common stock shares outstanding by the price. 

The index is denominated in U.S. dollars.

MSCI AC Asia Index #

A measure of developed and emerging market stocks in Asia. The MSCI AC Asia Index is comprised of over 1,400 stocks from 11 countries. 

The acronym AC stands for “all country”.

The MSCI AC Asia Index ranks holdings by size as measured by market capitalization. 

Market capitalization is calculated by multiplying the common stock shares outstanding by the price. 

Japan and China have the largest representation in the index.  

The index is denominated in U.S. dollars.

MSCI AC Asia Pacific ex Japan Index #

A measure of developed and emerging market stocks in Asia and the Pacific not including stocks from Japan. The MSCI AC Asia Pacific ex Japan Index is comprised of over 1,200 stocks from 12 countries. 

The acronym AC stands for “all country”.

The MSCI AC Asia Pacific ex Japan Index ranks holdings by size as measured by market capitalization. 

Market capitalization is calculated by multiplying the common stock shares outstanding by the price. 

China, Australia, India, and Taiwan have the largest representation in the index. 

The index is denominated in U.S. dollars.

MSCI AC Europe Index #

A measure of developed and emerging market stocks in Europe. The MSCI AC Europe Index is comprised of nearly 500 stocks from 20  European countries. 

The acronym AC stands for “all country”.

The MSCI AC Europe Index ranks holdings by size as measured by market capitalization. 

Market capitalization is calculated by multiplying the common stock shares outstanding by the price. 

The United Kingdom, France, Switzerland, and Germany have the largest representation in the index.   

The index is denominated in U.S. dollars.

MSCI ACWI Small Cap Index #

A global measure of developed and emerging markets small cap stocks. The MSCI ACWI Small Cap Index is comprised of over 6,000 small cap stocks from nearly 50 countries. 

The acronym ACWI stands for All Country World Index.

Small cap stocks are smaller-sized companies as measured by market capitalization. Market capitalization is calculated by multiplying the common stock shares outstanding by the price. 

The MSCI ACWI Small Cap Index includes approximately 14% of the world’s investable publicly traded common stocks as measured by market capitalization.

The MSCI ACWI Small Cap Index ranks holdings by size, as measured by market capitalization. 

The index is denominated in U.S. dollars.

MSCI ACWI ex USA Small Cap Index #

A global measure of developed and emerging markets small cap stocks outside of the United States. The MSCI ACWI ex USA Small Cap Index is comprised of over 4,000 small cap stocks from nearly 46 countries. 

The acronym ACWI stands for All Country World Index.

Small cap stocks are smaller-sized companies as measured by market capitalization. Market capitalization is calculated by multiplying the common stock shares outstanding by the price. 

The MSCI ACWI ex USA Small Cap Index includes 14% of the world’s investable publicly traded common stocks outside of the United States as measured by market capitalization.

The MSCI ACWI ex USA Small Cap Index ranks holdings by size as measured by market capitalization. 

The index is denominated in U.S. dollars.

MSCI World Index #

A global measure of developed market stocks. The MSCI World Index is comprised of over 500 stocks from 23 countries. 

The MSCI World Index ranks holdings by size as measured by market capitalization. 

Market capitalization is calculated by multiplying the common stock shares outstanding by the price. 

The United States comprises over 60% of the index with all other countries representing less than 10% of the index. 

The index is denominated in U.S. dollars.

MSCI EAFE Index #

A measure of developed market stocks not including the United States and Canada. The MSCI EAFE Index is comprised of nearly 800 stocks from 21 countries. 

The acronym EAFE stands for Europe, Australasia, and the Far East

The MSCI EAFE Index ranks holdings by size as measured by market capitalization. 

Market capitalization is calculated by multiplying the common stock shares outstanding by the price. 

Japan, the United Kingdom, France, and Switzerland have the largest representation in the index.   

The index is denominated in U.S. dollars.

MSCI World ex USA Index #

A  measure of developed market stocks not including the United States. The MSCI World ex USA Index is comprised of over 800 stocks from 22 countries. 

The MSCI World ex USA Index ranks holdings by size as measured by market capitalization. 

Market capitalization is calculated by multiplying the common stock shares outstanding by the price. 

Japan, the United Kingdom, Canada, and France have the largest representation in the index.  

The index is denominated in U.S. dollars. 

MSCI World ex USA Growth Index #

A global measure of large and mid-sized stocks outside of the United States that exhibit growth style characteristics across 22 developed markets countries. The MSCI World ex USA Growth Index is comprised of nearly 500 stocks.

Growth stocks are publicly-traded companies that have faster rates of earnings and revenue growth relative to the overall stock market.

MSCI determines growth investment style characteristics for index construction by looking at historical and forward-looking earnings per share growth. MSCI considers both short-term and long-term earnings growth data. MSCI also incorporates long-term historical revenue growth trends in identifying growth stocks. 

The MSCI World ex USA Growth Index ranks holdings by size as measured by market capitalization. 

Market capitalization is calculated by multiplying the common stock shares outstanding by the price. 

The index is denominated in U.S. dollars.

MSCI World ex USA Value Index #

A global measure of large and mid-sized stocks outside of the United States that exhibit value style characteristics across 22 developed markets countries. The MSCI World ex USA Value Index is comprised of over 500 stocks.

Value stocks are publicly-traded companies that have lower valuations relative to the overall stock market.

MSCI determines value investment style characteristics using three variables: book value to price, 12-month forward earnings yield, and dividend yield. The book value to price is the inverse of the price-to-book ratio that is included in Asset Camp’s Valuations and Earnings Reports.

The MSCI World ex USA Value Index ranks holdings by size as measured by market capitalization. 

Market capitalization is calculated by multiplying the common stock shares outstanding by the price. 

The index is denominated in U.S. dollars.

MSCI World ex USA Small Cap Index #

A global measure of developed markets small cap stocks outside of the United States. The MSCI World ex USA Small Cap Index is comprised of over 2,000 small cap stocks from 22 countries. 

Small cap stocks are smaller-sized companies as measured by market capitalization. Market capitalization is calculated by multiplying the common stock shares outstanding by the price. 

The MSCI World ex USA Small Cap Index includes approximately 14% of developed markets’ investable publicly traded common stocks outside of the United States as measured by market capitalization.

The MSCI World ex USA Small Cap Index ranks holdings by size as measured by market capitalization. 

The index is denominated in U.S. dollars.

MSCI World ex USA Small Cap Growth Index #

A global measure of developed markets small cap stocks outside of the United States that exhibit growth style characteristics. The MSCI World ex USA Small Cap Growth Index is comprised of over 1,000 small cap growth stocks from 22 countries. 

Small cap stocks are smaller-sized companies as measured by market capitalization. Market capitalization is calculated by multiplying the common stock shares outstanding by the price. 

Growth stocks are publicly-traded companies that have faster rates of earnings and revenue growth relative to the overall stock market.

MSCI determines growth investment style characteristics for index construction by looking at historical and forward-looking earnings per share growth. MSCI considers both short-term and long-term earnings growth data. MSCI also incorporates long-term historical revenue growth trends in identifying growth stocks. 

The MSCI World ex USA Small Cap Growth Index ranks holdings by size as measured by market capitalization. 

The index is denominated in U.S. dollars.

World ex USA Small Cap Value Index #

A global measure of developed markets small cap stocks outside of the United States that exhibit value style characteristics. The MSCI World ex USA Small Cap Value Index is comprised of over 1,000 small cap value stocks from 22 countries. 

Small cap stocks are smaller-sized companies as measured by market capitalization. Market capitalization is calculated by multiplying the common stock shares outstanding by the price. 

Value stocks are publicly-traded companies that have lower valuations relative to the overall stock market.

MSCI determines value investment style characteristics using three variables: book value to price, 12-month forward earnings yield, and dividend yield. The book value to price is the inverse of the price-to-book ratio that is included in Asset Camp’s Valuations and Earnings reports.

The MSCI World ex USA Small Cap Value Index ranks holdings by size as measured by market capitalization. 

The index is denominated in U.S. dollars.

MSCI Europe Index #

A measure of developed market stocks in Europe. The MSCI Europe Index is comprised of over 400 stocks from 15 European countries. 

The MSCI Europe Index ranks holdings by size as measured by market capitalization. 

Market capitalization is calculated by multiplying the common stock shares outstanding by the price. 

The United Kingdom, France, Switzerland, and Germany have the largest representation in the index.   

The index is denominated in U.S. dollars.

MSCI Europe ex UK Index #

A measure of developed market stocks in Europe not including the United Kingdom The MSCI Europe ex UK Index is comprised of over 300 stocks from 14 European countries. 

The MSCI Europe ex UK Index ranks holdings by size as measured by market capitalization. 

Market capitalization is calculated by multiplying the common stock shares outstanding by the price. 

France, Switzerland, Germany, and the Netherlands have the largest representation in the index.   

The index is denominated in U.S. dollars.

MSCI Pacific Index #

A measure of developed market stocks in the Pacific region. The MSCI Pacific Index is comprised of over 300 stocks from 5 countries. 

The MSCI Pacific Index ranks holdings by size as measured by market capitalization. 

Market capitalization is calculated by multiplying the common stock shares outstanding by the price. 

Japan and Australia have the largest representation in the index. 

The index is denominated in U.S. dollars.

MSCI Pacific ex Japan Index #

A measure of developed market stocks in the Pacific region not including Japan. The MSCI Pacific ex Japan Index is comprised of over 100 stocks from 4 countries. 

The MSCI Pacific ex Japan Index ranks holdings by size as measured by market capitalization. 

Market capitalization is calculated by multiplying the common stock shares outstanding by the price. 

 Australia and Hong Kong have the largest representation in the index. 

The index is denominated in U.S. dollars.

MSCI Emerging Markets Index #

A global measure of developing market stocks. The MSCI Emerging Markets Index is comprised of close to 1,400 stocks from 24 countries. 

The MSCI Emerging Markets Index ranks holdings by size as measured by market capitalization. 

Market capitalization is calculated by multiplying the common stock shares outstanding by the price. 

China, India, and Taiwan have the largest representation in the index. 

The index is denominated in U.S. dollars.

MSCI Emerging Markets Growth Index #

A measure of emerging markets stocks that exhibit growth style characteristics. The MSCI Emerging Markets Growth Index is comprised of over 800 stocks from 24 developing market countries.

Growth stocks are publicly-traded companies that have faster rates of earnings and revenue growth relative to the overall stock market.

MSCI determines growth investment style characteristics for index construction by looking at historical and forward-looking earnings per share growth. MSCI considers both short-term and long-term earnings growth data. MSCI also incorporates long-term historical revenue growth trends in identifying growth stocks. 

The MSCI Emerging Markets Growth Index ranks holdings by size as measured by market capitalization. 

The index is denominated in U.S. dollars.

MSCI Emerging Markets Value Index #

A measure of emerging markets stocks that exhibit value style characteristics. The MSCI Emerging Markets Value Index is comprised of over 800 stocks from 24 developing market countries.

Value stocks are publicly-traded companies that have lower valuations relative to the overall stock market.

MSCI determines value investment style characteristics using three variables: book value to price, 12-month forward earnings yield, and dividend yield. The book value to price is the inverse of the price-to-book ratio that is included in Asset Camp’s Valuations and Earnings Reports.

The MSCI Emerging Markets Value Index ranks holdings by size as measured by market capitalization. 

The index is denominated in U.S. dollars.

MSCI Emerging Markets Small Cap Index #

A measure of emerging markets small cap stocks. The MSCI Emerging Markets Small Cap Index is comprised of over 1,900 small cap stocks from 24 developing market countries. 

Small cap stocks are smaller-sized companies as measured by market capitalization. Market capitalization is calculated by multiplying the common stock shares outstanding by the price. 

The MSCI Emerging Markets Small Cap Index includes approximately 14% of each emerging market country’s investable publicly traded common stocks, as measured by market capitalization.

The MSCI Emerging Markets Small Cap Index ranks holdings by size, as measured by market capitalization. 

The index is denominated in U.S. dollars.

MSCI Emerging Markets Asia Index #

A measure of developing market stocks in Asia. The MSCI Emerging Markets Asia Index is comprised of over 1,100 stocks from 8 countries. 

The MSCI Emerging Markets Asia Index ranks holdings by size as measured by market capitalization. 

Market capitalization is calculated by multiplying the common stock shares outstanding by the price. 

China, India, Taiwan, and South Korea have the largest representation in the index. 

The index is denominated in U.S. dollars.

MSCI Emerging Markets Europe and Middle East Index #

A measure of developing market stocks in Europe and the Middle East. The MSCI EM Europe and Middle East Index is comprised of over 100 stocks from 8 countries. 

The MSCI EM Europe and Middle East Index ranks holdings by size as measured by market capitalization. 

Market capitalization is calculated by multiplying the common stock shares outstanding by the price. 

Saudi Arabia and the United Arab Emirates have the largest representation in the index. 

The index is denominated in U.S. dollars.

MSCI Emerging Markets Latin America Index #

A measure of developing market stocks in Latin America. The MSCI Emerging Markets Latin America Index is comprised of nearly 100 stocks from 5 Latin American countries. 

The MSCI Emerging Markets Latin America Index ranks holdings by size as measured by market capitalization. 

Market capitalization is calculated by multiplying the common stock shares outstanding by the price. 

Brazil and Mexico have the largest representation in the index. 

The index is denominated in U.S. dollars.

MSCI Frontier Markets Index #

A global measure of frontier markets stocks. Frontier markets are public stock markets from countries in the early stages of economic development with less liquid financial markets and limited access for foreign investors. 

The MSCI Frontier Market Index is comprised of nearly 100 stocks from close to 28 frontier market countries. 

The MSCI Frontier Markets Index ranks holdings by size as measured by market capitalization. 

Market capitalization is calculated by multiplying the common stock shares outstanding by the price. 

Vietnam and Morocco have the largest representation in the index. 

The index is denominated in U.S. dollars.

MSCI Australia Index #

A measure of large and mid-sized publicly traded stocks in Australia. 

The MSCI Australia Index is comprised of nearly 60 stocks

The MSCI Australia Index ranks holdings by size as measured by market capitalization. 

Market capitalization is calculated by multiplying the common stock shares outstanding by the price. 

The index is denominated in U.S. dollars.

MSCI Canada Index #

A measure of large and mid-sized publicly traded stocks in Canada. 

The MSCI Canada Index is comprised of nearly 90 stocks

The MSCI Canada Index ranks holdings by size as measured by market capitalization. 

Market capitalization is calculated by multiplying the common stock shares outstanding by the price. 

The index is denominated in U.S. dollars.

MSCI China Index #

A measure of large and mid-sized publicly traded stocks in China including China A shares, H shares, B shares, Red chips, P chips, and foreign listings (i.e., ADRs)

The MSCI China Index is comprised of over 700 stocks

The MSCI China Index ranks holdings by size as measured by market capitalization. 

Market capitalization is calculated by multiplying the common stock shares outstanding by the price. 

The index is denominated in U.S. dollars.

MSCI France Index #

A measure of large and mid-sized publicly traded stocks in France. 

The MSCI France Index is comprised of over 60 stocks

The MSCI France Index ranks holdings by size as measured by market capitalization. 

Market capitalization is calculated by multiplying the common stock shares outstanding by the price. 

The index is denominated in U.S. dollars.

MSCI Germany Index #

A measure of large and mid-sized publicly traded stocks in Germany. 

The MSCI Germany Index is comprised of nearly 60 stocks

The MSCI Germany Index ranks holdings by size as measured by market capitalization. 

Market capitalization is calculated by multiplying the common stock shares outstanding by the price. 

The index is denominated in U.S. dollars.

MSCI India Index #

A measure of large and mid-sized publicly traded stocks in India. 

The MSCI India Index is comprised of over 100 stocks

The MSCI India Index ranks holdings by size as measured by market capitalization. 

Market capitalization is calculated by multiplying the common stock shares outstanding by the price. 

The index is denominated in U.S. dollars.

MSCI Japan Index #

A measure of large and mid-sized publicly traded stocks in Japan. 

The MSCI Japan Index is comprised of over 200 stocks

The MSCI Japan Index ranks holdings by size as measured by market capitalization. 

Market capitalization is calculated by multiplying the common stock shares outstanding by the price. 

The index is denominated in U.S. dollars.

MSCI Switzerland Index #

A measure of large and mid-sized publicly traded stocks in Switzerland. 

The MSCI Switzerland Index is comprised of over 40 stocks

The MSCI Switzerland Index ranks holdings by size as measured by market capitalization. 

Market capitalization is calculated by multiplying the common stock shares outstanding by the price. 

The index is denominated in U.S. dollars.

MSCI United Kingdom Index #

A measure of large and mid-sized publicly traded stocks in the United Kingdom. 

The MSCI United Kingdom Index is comprised of 80 stocks

The MSCI United Kingdom Index ranks holdings by size as measured by market capitalization. 

Market capitalization is calculated by multiplying the common stock shares outstanding by the price. 

The index is denominated in U.S. dollars.

MSCI USA Index #

A measure of large and mid-sized publicly traded stocks in the United States. 

The MSCI USA Index is comprised of over 600 stocks

The MSCI USA Index ranks holdings by size as measured by market capitalization. 

Market capitalization is calculated by multiplying the common stock shares outstanding by the price. 

The index is denominated in U.S. dollars.

MSCI USA Growth Index #

A  measure of large and mid-sized stocks traded in the United States that exhibit growth style characteristics. The index is comprised of over 250 stocks.

Growth stocks are publicly-traded companies that have faster rates of earnings and revenue growth relative to the overall stock market.

MSCI determines growth investment style characteristics for index construction by looking at historical and forward-looking earnings per share growth. MSCI considers both short-term and long-term earnings growth data. MSCI also incorporates long-term historical revenue growth trends in identifying growth stocks. 

The MSCI USA Growth Index ranks holdings by size as measured by market capitalization. 

The index is denominated in U.S. dollars.

MSCI USA Value Index #

A measure of large and mid-sized stocks traded in the United States that exhibit value style characteristics. The index is comprised of over 400 stocks.

Value stocks are publicly-traded companies that have lower valuations relative to the overall stock market.

MSCI determines value investment style characteristics using three variables: book value to price, 12-month forward earnings yield, and dividend yield. The book value to price is the inverse of the price-to-book ratio that is included in Asset Camp’s Valuations and Earnings Reports.

The MSCI USA Value Index ranks holdings by size as measured by market capitalization. 

The index is denominated in U.S. dollars.

MSCI USA Mid Cap Index #

A measure of mid-sized stocks traded in the United States. The index is comprised of over 300 stocks and represents approximately 15% of the U.S. stock market as measured by market capitalization.

Market capitalization is calculated by multiplying the common stock shares outstanding by the price. 

The MSCI USA Mid Cap Index ranks holdings by size as measured by market capitalization. 

The index is denominated in U.S. dollars.

MSCI USA Mid Cap Growth Index #

A measure of mid-sized stocks traded in the United States that exhibit growth style characteristics. The index is comprised of approximately 140 stocks.

Growth stocks are publicly-traded companies that have faster rates of earnings and revenue growth relative to the overall stock market.

MSCI determines growth investment style characteristics for index construction by looking at historical and forward-looking earnings per share growth. MSCI considers both short-term and long-term earnings growth data. MSCI also incorporates long-term historical revenue growth trends in identifying growth stocks. 

The MSCI USA Mid Cap Growth Index ranks holdings by size as measured by market capitalization. 

The index is denominated in U.S. dollars.

MSCI USA Mid Cap Value Index #

A measure of mid-sized stocks traded in the United States that exhibit value style characteristics. The index is comprised of over 200 stocks.

Value stocks are publicly-traded companies that have lower valuations relative to the overall stock market.

MSCI determines value investment style characteristics using three variables: book value to price, 12-month forward earnings yield, and dividend yield. The book value to price is the inverse of the price-to-book ratio that is included in Asset Camp’s Valuations and Earnings Reports.

The MSCI USA Mid Cap Value Index ranks holdings by size as measured by market capitalization. 

The index is denominated in U.S. dollars.

MSCI USA Small Cap Index #

A measure of small cap stocks traded in the United States. The index is comprised of over 1,800 stocks and represents approximately 14% of the U.S. stock market as measured by market capitalization.

Small cap stocks are smaller-sized companies as measured by market capitalization. Market capitalization is calculated by multiplying the common stock shares outstanding by the price. 

The MSCI USA Small Cap Index ranks holdings by size as measured by market capitalization. 

The index is denominated in U.S. dollars.

MSCI USA Small Cap Growth Index #

A measure of smaller-sized stocks traded in the United States that exhibit growth style characteristics. The index is comprised of over 1,000 stocks.

Growth stocks are publicly-traded companies that have faster rates of earnings and revenue growth relative to the overall stock market.

MSCI determines growth investment style characteristics for index construction by looking at historical and forward-looking earnings per share growth. MSCI considers both short-term and long-term earnings growth data. MSCI also incorporates long-term historical revenue growth trends in identifying growth stocks. 

The MSCI USA Small Cap Growth Index ranks holdings by size as measured by market capitalization. 

The index is denominated in U.S. dollars.

MSCI USA Small Cap Value Index #

A measure of smaller-sized stocks traded in the United States that exhibit value style characteristics. The index is comprised of over 1,000 stocks.

Value stocks are publicly-traded companies that have lower valuations relative to the overall stock market. 

MSCI determines value investment style characteristics using three variables: book value to price, 12-month forward earnings yield, and dividend yield. The book value to price is the inverse of the price-to-book ratio that is included in Asset Camp’s Valuations and Earnings Reports.

The MSCI USA Small Cap Value Index ranks holdings by size as measured by market capitalization. 

The index is denominated in U.S. dollars.