The Premium Is Real. The Peer Is Not What You Think.
10-year cumulative total return (USD) · May 2016 = 100 · SPX +313%, MSCI EM +169%, MSCI Saudi +135%
S&P 500 TR
MSCI EM TR
MSCI Saudi TR
Invesense Research  |  MSCI Inc. · S&P Dow Jones Indices · Yahoo Finance  |  May 2026