Look Again, It’s Coal Outside
Lumps of coal are typically reserved for the Christmas stocking of the worst-behaved children. With the holiday season approaching, many will be hoping instead for something a little shinier and more refined. The S&P Global Mining Reduced Coal Index follows a similar philosophy. Start with a universe of mining-related companies. Focus on those with meaningful…
Greek Myths and Icelandic Sagas: Reclassifications in the Global Market Library
On Sept. 21, 2026, two markets crossed important thresholds in the S&P Dow Jones Indices (S&P DJI) global equity benchmark. Greece finished an odyssey back to developed market status after a 12-year hiatus, while Iceland rose, saga-like, to emerging market status. In this blog, we look at the details of why these changes happened and…
- Categories Equities
- Tags developed markets, emerging markets, Greece, Iceland, S&P Greece BMI, S&P Iceland BMI
- Categories
- Equities
Inside the September 2026 S&P 500 Momentum Index Reconstitution
The S&P 500® Momentum Index tracks the top 20% of S&P 500 stocks by 12-month risk-adjusted price momentum.1 Backed by persistent market trends, the index has outperformed significantly relative to the broader market in recent years (see Exhibit 1). The S&P 500 Momentum Index rebalances semiannually after the close of the third Friday of March…
- Categories Factors
- Tags defensive strategies, factors, momentum, S&P 500 Momentum Index, US FA
- Categories
- Factors
The Evolution of the S&P USD Select Leveraged Loan Index
Indices are constructed from components brought together by methodology and the market. Unlike stocks in an equity index, the constituents in the S&P USD Select Leveraged Loan Index are retired or reweighed as new loans are issued and existing loans are paid down. As a result, loan vintages from different years are mixed within the…
Charting the Clean Energy Odyssey
In Homer’s Odyssey, the title character, Odysseus, spends years away from home fighting at Troy before making the challenging journey home to Ithaca. Sirens tempt him off course, lotus flowers cause his sailors to lose sight of their objective and storms repeatedly delay the voyage. The clean energy industry has faced its own odyssey: a…
An Alternative Approach to Autocall Indices
We recently published the blog Indexing Autocalls, where we highlighted the continued investor demand for solutions that facilitate income generation—in particular, autocalls. S&P Dow Jones Indices recently launched the S&P 500 Futures 35% Volatility Compass Autocall Index, which takes a unique approach to incorporating autocall features within an index framework. The index measures the performance…
What SPIVA Measures: A New Zealand Perspective
For more than two decades, the SPIVA® Scorecards have contributed to the active versus passive debate by measuring the performance of active funds against market benchmarks. Since the publication of the first SPIVA U.S. Scorecard in 2002, the methodology has been applied consistently across regions, asset classes and market cycles.1 Performance measurement can be approached…
Can South Korea Steal the Spotlight in Emerging Markets?
After political turmoil pushed it down in 2024,1 South Korea recovered and was the best-performing equity market globally in 2025 (as measured by the S&P Korea BMI), and it has continued to outperform as of August 2026 (up 78.7% YTD versus 14.8% for the S&P Global BMI). The performance of the stock market has fluctuated…
Tracking the African Sovereign Debt Market with the iBoxx LSF USD African Sovereigns Index
Explore the structural forces shaping African sovereign debt markets and how they differ from their LatAm and APAC peers.
Private Credit Is Evolving, How Are Benchmarks Keeping Pace?
Private credit has become one of the fastest-growing asset classes within global capital markets. In the first half of 2026 alone, private credit fundraising reached USD 190 billion, which is on pace to surpass the 2025 full-year total of USD 240 billion (see Exhibit 1).1 Direct lending has driven much of private credit’s growth, having…
