Hey guys, I found a nice website tracking the World stock market cap:
According to it, the current market cap of the World is $85.5 trillion.
USA accounts for $35 trillion, so 41%, much less than 55% in VT.
Interestingly, China&India have a market cap of $15.5 trillion, 18% of the World. Much more than the typical share of the whole EM in an All-World ETF.
Kind of sad that we cannot really invest in the whole World.
- The FTSE Global All Cap index (base for VT) has a market cap of $53 trillion and 7900 companies
- compared to the mentioned $85 trillion of actual World market cap and 52’000 companies!
Just think about it:
- in VT, you invest 55% in USA and 4% in China&India, easily a 10:1 ratio
- where actually it’s 41% and 18%, closer to a 2:1!