MSCI ACWI ex USA Risk Weighted Index

The MSCI ACWI ex USA Risk Weighted Index is based on the MSCI ACWI ex USA Index, its parent index, which includes large and mid-cap stocks across Developed and Emerging Markets, excluding the United States. The index reweights each security so that stocks with lower risk are given higher index weights, aiming to reduce realized volatility while maintaining reasonable liquidity and capacity.