S&P 500 comparison · Financials

CME Group vs MSCI

Prices at close . Model readings .

CME Group

$294.04+0.19%
Month: negativeLong run: neutral

MSCI

$604.94+0.53%
Month: negativeLong run: negative
Price change

Price change, with the S&P 500 as a benchmark

Percent change in each close since the start of the chosen range, for both companies and the S&P 500 (SPY). Daily closes over the last year, weekly before that and monthly before five years.

In short

How the two compare

On the latest closes (28 Oct 2026), CME Group is the larger company by market value ($105.45B against $43.74B). Over the past year CME Group returned +12.1% and MSCI +12.2%, while the S&P 500 returned +12.7%. The latest filed P/E is 22.4 for CME Group and 31.7 for MSCI, and the operating margin 65.7% against 56.3%. Over the next 21 sessions the model expects −0.55% for CME Group, with a 51% chance of a rise, and −0.06% for MSCI, with a 44% chance. CME Group's long-run fair value is $281.13, a gap of −4.4% to its price; the long-run model view is neutral. MSCI's long-run fair value is $508.37, a gap of −16% to its price; the long-run model view is negative.

Model view

What the model expects

Expected returns and the chance of a rise from our forecasting models, and the long-run fair value against the price. Readings, not advice.

Model readings:
Expected returnnext 21 sessions
CME−0.55%
MSCI−0.06%
Chance of a risenext 21 sessions
CME51%
MSCI44%
Expected returnnext 63 sessions
CME−1.76%
MSCI+0.98%
Range of outcomes63 sessions, 80% band
CME−32.1% to +28.6%
MSCI−19.8% to +21.7%
Chance of a risenext 63 sessionsMembers only · see plans
Long-run fair valueintrinsic value model
CME$281.1328 Oct 2026
MSCI$508.3728 Oct 2026
Gap to pricefair value against the close
CME−4.4%
MSCI−16%
Past readings that matchedsign of the 21-session outcome
CME49.4%of 269
MSCI59%of 269
Price performance

How the prices moved

Price change over each period, with the S&P 500 (SPY) for comparison.

Closes to
1 monthS&P 500: +1.1%
CME+11.7%
MSCI+12.1%
6 monthsS&P 500: +8.5%
CME+2.9%
MSCI+1.9%
Year to dateS&P 500: +13.3%
CME+10.8%
MSCI+6.6%
1 yearS&P 500: +12.7%
CME+12.1%
MSCI+12.2%
5 yearsS&P 500: +70.7%
CME+68.6%
MSCI+2.8%
1 year against the S&P 500percentage points
CME−0.6 pts
MSCI−0.5 pts
Position in the 52-week range0% low, 100% high
CME75%close $294.04 in $218.31 to $319.82
MSCI74%close $604.94 in $495.54 to $642.47
Against the 200-day average
CME+5.9%
MSCI+6%
Valuation

What the market pays

Size and the multiples from the latest filed quarter. A P/E on losses reads n/m.

Filings: quarter to
Market value
CME$105.45B28 Oct 2026
MSCI$43.74B28 Oct 2026
Enterprise valueat the last filing
CME—Not in the latest filing data.
MSCI$45.40B30 Sep 2026
P/Elatest filed
CME22.4
MSCI31.7
Price to book
CME3.54
MSCI-12.91
EV / EBITDA
CME20.36
MSCI25.31
Free cash flow yield
CME4.61%
MSCI4.04%
Dividend yield
CME4.35%
MSCI1.5%
Questions

CME Group or MSCI: common questions

Which is larger by market value, CME Group or MSCI?

CME Group, at $105.45B against $43.74B for MSCI, on the latest closes (28 Oct 2026).

Which has the higher P/E ratio, CME Group or MSCI?

MSCI has the higher latest filed P/E, 31.7; CME Group's is 22.4. Filings: quarter to 30 Sep 2026.

How did CME Group and MSCI move over the past year against the S&P 500?

Over the past year CME Group returned +12.1% and MSCI +12.2%, while the S&P 500 returned +12.7%. Prices at close 28 Oct 2026.

What does the model expect for CME Group and MSCI over the next month?

−0.55% for CME Group with a 51% chance of a rise, and −0.06% for MSCI with a 44% chance, over the next 21 sessions. Model readings 28 Oct 2026. These are model readings, not advice.

How do the operating margins of CME Group and MSCI compare?

The operating margin is 65.7% for CME Group and 56.3% for MSCI, and the gross margin 65.7% against 56.3%. Filings: quarter to 30 Sep 2026.

Do CME Group and MSCI shares move together?

Over the past year the correlation of their daily returns was 0.30 (loosely together); 1 means they always move together, 0 unrelated, −1 opposite. Prices at close 28 Oct 2026.

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The two company pagesCME Group (CME) forecast and analysisMSCI (MSCI) forecast and analysis
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Model readings are research estimates, not investment advice. Prices: daily closes. Fundamentals: the latest SEC filings. Short interest: FINRA, settlement 30 Sep 2026. A dash means the figure is not in our data; it is never shown as zero. The model view follows a published rule: next month by the sign of the expected return, the long run positive at a fair value 10% or more above the price and negative at 10% or more below it.