The MSCI World ETF’s American Concentration: A Double-Edged Sword for Investors

The iShares MSCI World ETF (URTH) is often considered a foundational holding for a diversified portfolio. However, a deeper analysis reveals a more complex picture. Despite its name implying global exposure, the fund’s heavy reliance on U.S. technology stocks raises a critical question for investors: is this truly a worldwide investment, or has it become a concentrated bet on Wall Street’s performance?

Investors are currently enjoying substantial gains, driven largely by the United States’ dominant market position. The fund’s performance metrics are impressive:
* Substantial Gains: The ETF has delivered a total return of 18.77% since the start of the year.
* Growth-Oriented Strategy: Read more...