Tag Archives: GICS
Navigating Global Markets with the S&P World Index
What sets the S&P World Index apart when it comes to tracking developed markets around the globe? Explore how extensive coverage, historical consistency, transparency and adaptability are helping global investors make more informed decisions as they seek to uncover opportunities and navigate risks across economic cycles.
- Categories Equities
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- Categories
- Equities
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Bricks of Transition
The world is undergoing significant changes as it navigates the energy transition, marking a shift toward innovative and more efficient energy sources. In this evolving context, indices can play a crucial role by offering diverse measurements that represent various facets of the energy transition.1 Buildings, which account for a substantial portion of global energy consumption…
- Categories Sustainability, Thematics
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An All-in-One Global Solution: S&P World Index
How can an index help market participants benchmark the developed world? Take a deep dive into the S&P World Index as we explore its coverage and usage, its performance history and why it continues to be a tough index for actively managed funds to beat with S&P DJI’s John Welling and Anu Ganti.
- Categories Equities
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- Categories
- Equities
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Navigating Developed Markets: The S&P World Index Explained
Reliable and comprehensive benchmarks are indispensable in a landscape where global diversification is at the forefront. The S&P World Index tracks the performance of large- and mid-cap stocks from 24 developed markets, providing a consistent universe for historical market analysis and implementation of investment strategies. The S&P World Index was launched in 2009, building on…
- Categories Equities
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- Categories
- Equities
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2024 S&P U.S. Style Indices Rebalancing: Key Sector Shifts and Impacts
The S&P U.S. Style Indices underwent their annual rebalancing in December 2024, leading to significant changes in sector exposures. Particularly, the S&P 500 style reclassification led to above-average turnover, as shown in Exhibit 1. While the S&P 500 Growth’s turnover was not unusual, the S&P 500 Value’s turnover was relatively high compared to the historical…
Shifting Equity Sensitivities with S&P 500 Sectors
Broad-based benchmarks such as the S&P 500® and S&P SmallCap 600® demonstrated an upbeat response to the U.S. presidential election, rising 6% and 11%, respectively, in November 2024. The spread in U.S. size segments was more muted relative to S&P 500 sectors. Exhibit 1 presents the November 2024 cumulative total return of the S&P 500…
- Categories Equities, S&P 500 & DJIA
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The Impact of Sector Performance through the Years
What can we learn by looking at the historical performance of sectors? Join S&P DJI’s Tim Edwards and Joe Nelesen for a closer look at how the distinct risk/return profiles of individual sectors may influence their performance during different market regimes.
- Categories Equities
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Analyzing the Impact of Sector Selection
How can a sectoral lens help to define equity markets? S&P DJI’s Tim Edwards and Joe Nelesen take a closer look at sectors’ strategic and tactical applications, as well as how sectors and sub-industry classifications have evolved over time.
- Categories Equities
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GICS’ Silver Jubilee
The Global Industry Classification System (GICS®) celebrated its 25th birthday in August 2024. Jointly maintained by S&P Dow Jones Indices (S&P DJI) and MSCI, GICS offers a common way to talk about market segments and their respective performances. GICS primarily uses revenues to group companies according to their principal business activities, with earnings and market…
- Categories Equities
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- Categories
- Equities
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Explaining Changes to Select Sector Indices
Launched in the late 1990s, the Select Sector® indices measure the performance of S&P 500® sectors; each S&P 500 company is assigned to one of the 11 Select Sector indices, based on the Global Industry Classification Standard (GICS®) framework. The indices serve as the basis for an ecosystem of financial products, which in turn allow…
- Categories Equities
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