ACWI Overview

International Market Performance: Investors are increasingly looking beyond U.S. markets, leading to significant outperformance in international investments.

ETF Comparison: In 2025, the iShares MSCI ACWI ex-U.S. ETF achieved a 30% return, which was more than double the S&P 500's gain during the same period.

52-Week Range Analysis: ACWI's share price has a 52-week low of $101.25 and a high of $143.045, with the last trade recorded at $141.13, indicating a strong position near its high.

Understanding ETFs: Exchange traded funds (ETFs) function like stocks, where investors buy and sell "units" that can be created or destroyed based on demand, impacting the underlying assets.

Monitoring ETF Flows: Weekly tracking of shares outstanding helps identify ETFs with significant inflows (new units created) or outflows (units destroyed), which can affect the individual components of the ETFs.

Disclaimer on Views: The opinions expressed in the article are those of the author and do not necessarily represent the views of Nasdaq, Inc.

UBS Market Forecast: UBS targets a 1090 for the MSCI AC World Index by the end of 2026, driven by artificial intelligence, which is expected to significantly boost productivity.

Potential Market Bubble: UBS notes that conditions for a market bubble are aligning due to the rapid adoption of generative AI, with a 35% probability of a bubble forming.

U.S. Market Outperformance: The bank anticipates U.S. markets will outperform globally, projecting a 14% growth in earnings per share for U.S. companies in 2026, aided by faster AI adoption.

Revised Global GDP Growth: Global GDP growth projections have been increased by 40 basis points for 2025 and 2026, with expectations of a near-term slowdown in U.S. domestic demand but potential upside from generative AI.

Market Resilience: The U.S. stock market remains strong despite various challenges, including geopolitical tensions and credit issues, and is near record highs.

Investor Confidence: Dips in the market are being quickly bought up as investors anticipate lower interest rates and robust corporate earnings, contributing to significant gains in major indices.

Performance Metrics: The S&P 500 has increased by 14.6% in 2025, while the Nasdaq Composite has risen by 18.8%.

Overall Sentiment: The current market sentiment reflects optimism among investors regarding future economic conditions and corporate profitability.