Compare endowus technology funds vs S&P 500 vs MSCI world index funds over the last 10 years

Over the last 10 years, the winner in raw returns has been technology-focused funds, followed by the S&P 500, and then the MSCI World Index. But the important part is understanding why — and whether the higher returns were worth the extra concentration risk.

Here’s the practical comparison for a Singapore investor using platforms like Endowus.

Category	Technology Funds (via Endowus)	S&P 500 Index Funds	MSCI World Index Funds
Typical Funds	BlackRock World Technology Fund	iShares / Amundi Prime USA	Amundi / iShares Developed World
10-Year Annualised Return	~20%–24%	~12%–14%	~8%–11%
Main Driver	AI, cloud, semiconductors, big tech	US economic dominance	Global diversification
Risk Level	Very high	Medium-high	Medium
Diversification	Low	Moderate	High
Worst Drawdown	Severe	Moderate	Lower
Main Countries	Mostly US tech	US	US + Europe + Japan
Best For	Aggressive growth	Long-term wealth building	Stability + diversification

Technology funds dramatically outperformed over the past decade. The BlackRock posted around 20%+ annualised returns over 10 years.

By comparison:

• S&P 500 returned roughly 12%–14% annualised over the same period.
• MSCI World returned roughly 8%–11% annualised.

A major reason is the extraordinary performance of US technology giants such as NVIDIA, Microsoft, Apple, Amazon, and Meta.

Here’s the rough growth of a hypothetical USD$10,000 invested 10 years ago:

Investment	Approximate Value Today
Technology Fund	~$60,000–$90,000
S&P 500	~$32,000–$38,000
MSCI World	~$22,000–$28,000

The downside is volatility.

In 2022:

• Many technology funds fell 30%–45%
• S&P 500 fell around 18%
• MSCI World declined less due to diversification

That is the tradeoff:

• Higher concentration = higher returns and deeper crashes
• Broader diversification = smoother ride but slower wealth accumulation

For Singapore investors specifically:

1. Endowus Technology Funds

These are suitable if:

• You still have 15–20 years before retirement
• You can emotionally tolerate large swings
• You want maximum growth exposure

Popular tech-oriented options on Endowus include:

• BlackRock World Technology Fund
• Allianz Global Artificial Intelligence
• Franklin Technology Fund

These are actively managed and usually carry higher fees.

2. S&P 500 Funds

This is the middle ground.

The S&P 500 has been one of the strongest wealth-building indexes globally because the US dominates:

• AI
• Cloud computing
• Software
• Semiconductors
• Digital advertising

Many Singapore investors use:

• Amundi Prime USA
• LionGlobal Infinity US 500
• iShares US Index Fund

The advantage:

• Strong growth
• Lower fees
• Less concentrated than pure tech

3. MSCI World Funds

This is the “sleep well at night” option.

You get exposure to:

• US
• Europe
• Japan
• Developed markets globally

Returns are usually lower because:

• Europe grows slower
• Japan has weaker demographics
• Less tech concentration

But diversification reduces risk.

Common Endowus choices:

• Amundi MSCI World
• iShares Developed World Index Fund

A lot of long-term CPF and SRS investors in Singapore prefer this approach because it is simple and diversified.

Community sentiment among Singapore investors is fairly consistent:

Reddit

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r/singaporefi

›

When it comes to trust fund or ETF, the answer is always the one with the lowest cost that track the widest market.

Reddit

•

r/singaporefi

›

diversified and low cost: Amundi MSCI World. S&P500-like: Amundi Prime USA.

Reddit

•

r/singaporefi

›

it is better to invest in a broad market index ETF rather than some robo advisor.

For your situation — age 48, investing regularly, aiming for financial freedom and retirement income — the strongest balance is usually:

• 60–80% S&P 500 or MSCI World
• 20–40% technology funds

That gives you:

• Core stability
• Exposure to AI and tech growth
• Lower risk than going 100% tech

If you go 100% technology funds now, you must be mentally prepared for a possible 40%–50% portfolio drop during a tech crash.

A practical long-term allocation could look like:

Portfolio Type	Suggested Mix
Conservative Growth	80% MSCI World + 20% Tech
Balanced Growth	70% S&P 500 + 30% Tech
Aggressive Growth	60% S&P 500 + 40% Tech
Maximum Growth	100% Tech

The strongest risk-adjusted strategy for most people is usually not “all tech.” It is combining a broad index with selected technology exposure.