U.S. vs. Global Equity Returns Since 1979 📈

What We're Showing

This graphic shows the outperformance of U.S. stocks versus global stocks since 1979. Data is from TradingView and Curvo.

U.S. stocks are represented by the S&P 500 Index and global stocks are represented by the MSCI ACWI ex USA Index.

Key Takeaways

• In 2025, global equities are outperforming the S&P 500 by 2.7% as of February 19.
• Investors are becoming increasingly bullish on global equities, with European stocks seeing the strongest monthly returns against the S&P 500 in January in a decade.
• Over the past 10 years, global stocks have averaged 4.9% annualized returns while the S&P 500 has averaged 13.8%.