FTSE All World ex US Index
The Financial Times Stock Exchange (FTSE) All World ex US Index is a free-float,[note 1] market-capitalization weighted index representing the performance of around 2200 large cap and mid cap companies in 46 developed and emerging markets worldwide, excluding the USA. The index is derived from the FTSE Global Equity Index Series. The index was launched on June 20, 2000.
FTSE index methodology is summarized in the table:
|Weighting methodology||Market-cap-weighted, adjusted for free float.|
|Rebalancing methodology||Periodic reviews. Annual country reviews on a region-by-region basis.|
|Tier 1: Broad-market classification||Included: Shares listed on a stock exchange or recognized market that are in top 98% of each region by full market cap. Excluded: Convertible preferred shares or loan stocks.|
|Tier 2: Economic classification (developed or emerging markets||
|Tier 3: Geographical classification (region or country||
|Tier 4: Style classification (market-cap breakdown for large-, mid-, and small-cap)||
The index is comprised of holdings from 46 countries.
|Canada||France||Israel||New Zealand||Singapore||United Arab Emirates|
|Chile||Germany||Italy||Norway||South Africa||United Kingdom|
Annual returns for the index for the period 2003 forward are included in the table below. Benchmark returns are adjusted for withholding taxes.
(View Google Spreadsheet in browser, then File --> Download as to download the file.)
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- In March 2013, FTSE adopted a fundamental policy of using actual free float percentages (rounded up to the next 1%) in its indexes. The move was taken to reduce unnecessary turnover in the indexes. See Free Float Adjusted - FTSE, for extended discussion.
- Long-term Index performance is not publicly available. For this reason, mutual funds are often used as a proxy - which in this case is the Vanguard FTSE All-World ex-US Index Fund. This fund is also available as Institutional ( VFWSX) and Institutional Plus (VFWPX) share classes. These share classes are commonly used in the corporate retirement plan market. Publicly available index information can be found here FTSE Global Equity Index Series (GEIS) (All-World ex US).
- Index Ground Rules
- FTSE Index Support Guides, select Global Equity Index Series Guide to Calculation
- FTSE Vanguard Portal
- FTSE tickers, google spreadsheet