Small Cap Indexes

Our small-cap indexes seek to represent the performance of the diversified set of sectors and industries among small-cap companies across both developed and emerging markets. While the MSCI World Index comprises around 1,500 constituents, for example, the MSCI World Small Cap Index comprises over 4,100.1

Target benefits
Think bigger about small caps

Tap into diverse universe

Access indexes that cover wide variety of sector and industry exposures.

Seek opportunities across markets

Leverage extensive suite of indexes encompassing both developed and emerging markets.

Refine your investment universe

Target small-cap companies through small-cap indexes or as part of our broader investable market indexes.

Our indexes aim to cover the investable market

We use a dynamic approach to classify companies by small-, mid- or large-cap to ensure our indexes remain agile and evolve along with the markets.

Broad opportunity set

Both academic2 and MSCI research3 have examined the unique characteristics of small-cap companies and their role in diversification and potential returns over time. 

Related to Small Cap Indexes

Developed Markets Indexes

Explore indexes designed to measure the performance of established capital markets.

Emerging Markets Indexes

Identify opportunities across transforming global economies with our suite of Emerging Markets Indexes.

¹ As of December 31, 2023

2 Fama, Eugene F & French, Kenneth R, 1992. "The Cross-Section of Expected Stock Returns," Journal of Finance, American Finance Association, vol. 47(2), pages 427-465, June.

3 https://www.msci.com/www/blog-posts/small-caps-have-been-a-big/03951176075