International small cap index returns

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International small cap index returns chronicles the annual returns of international small cap stocks as measured by stock indexes.

The growing proliferation of indexes from index providers, along with a corresponding growing number of index funds and ETFs, creates a number of issues for investors, since the index returns of the different providers result in a dispersion of both yearly and multi-period returns. These return differences are mainly due to the differing methodologies index providers utilize in constructing their indexes. Different benchmarks cover varying ranges of stocks, have different selection criteria for growth versus value, and are even maintained and rebalanced differently. [1]

International developed markets small cap index returns

The table below provides international developed markets small cap index returns.[2][3][4][5][6][7]


Indexes: Dow Jones Developed Markets Small Cap Total Stock Market Index; FTSE Developed Small Cap ex-North America Index; MSCI EAFE Small Cap Index; Russell Developed ex-U.S. Small Cap Index; S&P Developed ex-U.S. < $2 Billion Index

Global ex-US small cap index returns

The Vanguard International Small Cap Index fund is invested in the FTSE Global ex US Index, which includes Emerging Market stocks[8][9][10][11][12]


(View Google Spreadsheet in browser, then File --> Download as to download the file.)


Indexes: Dow Jones Global ex US Small Cap Total Stock Market Index; FTSE Global Small Cap ex US Index; MSCI AC World ex US Small Cap Index ; Russell Global ex-U.S. Small Cap Index; S&P Global Equity ex-U.S. < $2 Billion Index

References

  1. The Case For Indexing, Christopher B. Philips and Frank J. Ambrosio, Vanguard Investment Counseling & Research, 2009, pp.12-13.
  2. (view Google Spreadsheet in browser or download as xls, ods, or pdf)
  3. FTSE Developed Small Cap ex-North America Index Factsheet
  4. Data source:MSDI EAFE Small Cap Factsheet
  5. Data source:International Roulette 2007-2001
  6. Russell Periodic Chart 2009-2004
  7. Data source:Goldman Sacks Fund Report 2009-2000
  8. (view Google Spreadsheet in browser or download as xls, ods, or pdf)
  9. Data source:Vanguard Benchmarks 2009-2004
  10. Data source:Performance 2009-2007
  11. Data source:Russell Periodic Chart, Russell Global Index Market Cap: Growth and Value Index performance, 2007 - 2011
  12. Data source:RiverSource Fact sheet 2008-2003

External links

Methodology