MSCI World ex USA Total Shareholder Yield Index

The MSCI World ex USA Total Shareholder Yield Index is based on the MSCI World ex USA Index, its parent index, and includes large and mid-cap securities across Developed Markets, excluding the United States. The index aims to capture the performance of companies that return cash to shareholders through dividend payments or share buybacks, providing a benchmark for total shareholder return strategies outside the U.S.