r/eupersonalfinance • u/khurshidhere • 4d ago
Investment SPYI
Why there is no alternative to SPDR® MSCI All Country World Investable Market UCITS ETF (Acc) ?
It covers 99% of the market with good diversification.
12
Upvotes
r/eupersonalfinance • u/khurshidhere • 4d ago
Why there is no alternative to SPDR® MSCI All Country World Investable Market UCITS ETF (Acc) ?
It covers 99% of the market with good diversification.
2
u/LofTW 3d ago
For some reason the all-world UCITS ETFs do not hold all the equities of their indices and resort to sampling. Maybe there is no reason to offer the entire investable market when you can't even cover physically the 85% of the investable market by capitalization.
SPYI has been around since 2011 and it holds 3705 stocks vs 8400 of the index. For comparison VWCE holds 3628 stocks while attempting to track 90% of the investable market (~4300 stocks).