FTSE Global All Cap Index

The  is a free-float, market-capitalization weighted index representing the performance of around 7400 large, mid and small cap companies in 47 developed and emerging markets worldwide, including the USA. The index is derived from the FTSE Global Equity Index Series and was launched on September 22, 2003 (base date December 31, 1986).

The index is tracked by the Vanguard Total World Stock Index Fund investor shares (VTWSX) and the Vanguard Total World Stock ETF (VT).

Methodology
FTSE index methodology is summarized in the table:

Country constituents
The index is comprised of holdings from 47 countries.

Market capitalization ranges
The FTSE Global All Cap Index provides coverage of 98% of the world stock market capitalization. FTSE considers the market to consist of:
 * Large cap stocks 70%
 * Mid cap stocks 20%
 * Small cap stocks 10%

Annual returns
Annual returns for the index are included in the table below. Benchmark returns are adjusted for withholding taxes.