A closer look

MSCI World and screened S&P 500 ETFs: what changes when combined?

How does adding a US equity tracker change a World ETF mix?

Data as of

The US equity fund in this example reports the S&P 500 Scored & Screened+ Index, not the standard S&P 500. Its exclusions can change the holdings and returns. The illustrative allocation below combines the funds' published recurring charges and economic exposures. Shared companies describe common economic exposure; historical return correlation measures a different relationship. Read each source date, coverage label and proxy marker before interpreting the totals.

Related research: geographic concentration in a World ETF

The short answer

Allocation-weighted recurring charges: unavailable.

    Illustrative allocation

    This replaces the funds and allocation in your current comparison.

    Dataset exported: · Source cutoff:

    Recurring fees

    Recurring fund charges only. Excludes brokerage, bid–ask spreads, tax and transaction costs. Different fee bases cannot be combined.

    Recurring fees
    ETFValueBasis
    iShares Core MSCI World UCITS ETF0.2 %Ongoing charge
    Amundi PEA S&P 500 Screened UCITS ETF - Acc0.25 %Total expense ratio (TER)

    Selected mix: Unavailable · Incompatible fee bases

    Amundi PEA S&P 500 Screened UCITS ETF - Acc

    Observed: · Freshness deadline:

    Sources and observation dates · fee-document/v1
    • amundi - Issuer product page · Retrieved:
    iShares Core MSCI World UCITS ETF

    Observed: · Freshness deadline:

    Sources and observation dates · fee-document/v1
    • eodhd - ETF fundamentals: reported fund charge · Retrieved:

    Company exposure

    A complete security basket does not imply complete company identity. Unresolved shares may add to a company subtotal. Unknown exposure is never redistributed.

    Selected mix: Partial · lower bound

    Verified companies / security only / unidentified / unknown: 0 % / 0 % / 74.75 % / 25.25 %

    Company exposure
    Company exposureiShares Core MSCI World UCITS ETFAmundi PEA S&P 500 Screened UCITS ETF - AccSelected mix
    Amundi PEA S&P 500 Screened UCITS ETF - Acc

    Unavailable · Collateral does not establish economic exposure

    iShares Core MSCI World UCITS ETF

    Reported coverage: 99.67 % · Unknown: 0.33 %Published security basket complete

    Verified companies / security only / unidentified / unknown: 0 % / 0 % / 99.67 % / 0.33 %

    Observed: · Freshness deadline:

    Sources and observation dates · holdings/v1

    Geographic exposure

    Selected mix: Partial · lower bound · Reported coverage: 45.09 % · Unknown: 54.92 %

    Geographic exposure
    Geographic exposureiShares Core MSCI World UCITS ETFAmundi PEA S&P 500 Screened UCITS ETF - AccSelected mix
    United States (US)Unknown100 %25 %Partial · lower bound
    Japan (JP)5.58 %Partial · lower bound0 %4.19 %Partial · lower bound
    Canada (CA)3.45 %Partial · lower bound0 %2.59 %Partial · lower bound
    United Kingdom (GB)3.4 %Partial · lower bound0 %2.55 %Partial · lower bound
    Switzerland (CH)2.35 %Partial · lower bound0 %1.76 %Partial · lower bound
    France (FR)2.28 %Partial · lower bound0 %1.71 %Partial · lower bound
    Germany (DE)2.17 %Partial · lower bound0 %1.63 %Partial · lower bound
    Australia (AU)1.53 %Partial · lower bound0 %1.15 %Partial · lower bound
    Netherlands (NL)1.29 %Partial · lower bound0 %0.97 %Partial · lower bound
    Spain (ES)0.92 %Partial · lower bound0 %0.69 %Partial · lower bound
    Sweden (SE)0.88 %Partial · lower bound0 %0.66 %Partial · lower bound
    Italy (IT)0.75 %Partial · lower bound0 %0.56 %Partial · lower bound
    Denmark (DK)0.42 %Partial · lower bound0 %0.32 %Partial · lower bound
    Singapore (SG)0.4 %Partial · lower bound0 %0.3 %Partial · lower bound
    Belgium (BE)0.3 %Partial · lower bound0 %0.23 %Partial · lower bound
    Finland (FI)0.27 %Partial · lower bound0 %0.2 %Partial · lower bound
    Israel (IL)0.24 %Partial · lower bound0 %0.18 %Partial · lower bound
    Ireland (IE)0.21 %Partial · lower bound0 %0.16 %Partial · lower bound
    Norway (NO)0.16 %Partial · lower bound0 %0.12 %Partial · lower bound
    Austria (AT)0.09 %Partial · lower bound0 %0.07 %Partial · lower bound
    Portugal (PT)0.05 %Partial · lower bound0 %0.04 %Partial · lower bound
    New Zealand (NZ)0.04 %Partial · lower bound0 %0.03 %Partial · lower bound
    Amundi PEA S&P 500 Screened UCITS ETF - Acc

    Reported coverage: 100 % · Unknown: 0 %Complete

    Observed: · Freshness deadline:

    Sources and observation dates · geography/v1
    • amundi_index_breakdown - Fund country allocation · Retrieved:
    iShares Core MSCI World UCITS ETF

    Reported coverage: 26.78 % · Unknown: 73.22 %Partial · lower bound

    Observed: · Freshness deadline:

    Sources and observation dates · geography/v1
    • ishares_constituents - Fund country allocation · Retrieved:

    Historical return correlation

    Pearson correlation of weekly log returns in EUR, using adjusted closes with distributions reinvested and dated historical FX (maximum age 7 days). Minimum 52 paired weekly observations. Correlation does not measure holdings overlap.

    Requested period: 3 Nov 2023 – 30 Oct 2026

    Historical return correlation
    ETFValueObserved periodPaired observations
    Amundi PEA S&P 500 Screened UCITS ETF - Acc / iShares Core MSCI World UCITS ETF0.9610 Nov 2023 – 30 Oct 2026156

    Observed: · Freshness deadline:

    Sources and observation dates · correlation/v1

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