Key Stock Market Indexes

Every investor should understand these widely cited and followed stock market indexes.


AMZ   Alerian MLP Index
The Index is the leading gauge of energy Master Limited Partnerships (MLPs). The Index is float-adjusted, capitalization-weighted index, and represents approximately 85% of the total float-adjusted market capitalization of energy MLPs.


LEGATRUU   Bloomberg Barclays Global Aggregate USD Unhedged Index
The Index is a flagship measure of global investment grade, fixed-rate, taxable debt from twenty four local currency markets. This multi-currency benchmark includes treasury, government-related, corporate and securitized fixed-rate bonds from both developed and emerging markets issuers. The Index also includes Eurodollar, Euro-Yen, and 144A Index-eligible securities. Fixed-rate coupon (including zero coupon) bonds only. Callable fixed-to-floating rate bonds are eligible during their fixed-rate term only. The minimum required issue size varies by the market. For example, US dollar denominated bonds must have a minimum issue size of $300 million. But the cutoff varies by country and currency.


LBUSTRUU   Bloomberg Barclays US Aggregate Bond Index
The Index is the most widely followed broad market U.S. bond index. It measures the investment grade, US dollar-denominated, fixed-rate taxable bond market. The Index includes treasuries, government-related and corporate securities, mortgage backed securities (agency fixed-rate and hybrid ARM pass-throughs), ABS and collateralized mortgage backed securities (agency and nonagency). It includes securities that have at least one year to maturity, and have an outstanding par value of at least $250 million. It includes global bonds from governments and corporations if they are denominated in the US dollar. Bonds specifically excluded are tax-exempt municipal securities, inflation-linked bonds, floating-rate issues and convertible bonds. The index is market cap weighted and reconstituted on the last business day of the month. See more discussion of this index in our article what is the Bloomberg Barclays US Aggregate Bond Index?


BCOMCL   Bloomberg WTI Crude Oil Subindex
The Bloomberg WTI Crude Oil Subindex, a subindex of the Bloomberg Commodity Index, is intended to reflect the performance of crude oil as measured by the price of futures contracts of West Texas Intermediate sweet, light crude oil. The performance of the crude oil futures market is normally very different than the performance of the physical crude oil market. It is a "rolling index," which means that it does not take physical possession of any commodities. The roll occurs over a period of five business days in certain months according to a pre-determined schedule, generally beginning on the sixth business day of the month and ending on the tenth business day. Each day, approximately 20% of each rolling futures position that is included in the month's roll is rolled, increasing from 0% to 20%, 40%, 60%, 80% and finally 100%. The Bloomberg WTI Crude Oil Subindex will reflect the performance of its underlying crude oil futures contracts, including the impact of rolling, without regard to income earned on cash positions.


TNX   CBOE Ten Year Treasury Note Yield Index
The Index is based on 10 times the yield-to-maturity on the most recently auctioned 10-year Treasury note. The notes are usually auctioned every three months following the refunding cycle: February, May, August and November. We use TNX throughout StockMarketMBA.com as a good "general" gauge of the current interest rate environment.


VIX   CBOE VIX Index
The Index measures the prices of options on the S&P 500 stock index. The daily change in the VIX index is an indication of how aggressively S&P 500 Index option contracts are being purchased or sold. It is also important because it is viewed as a measure of how volatile the stock market will be going forward (the "implied volatility"). Implied volatility rises when the relative prices of options increase. Rising implied volatility is generally caused by an imbalance of demand for options from options buyers over supply of options from sellers. In contrast, volatility falls when the relative prices of options decline. Falling implied volatility is generally caused by an imbalance of supply of options from option sellers over demand for options from buyers.


000300   CSI 300 Index
The Index is composed of the 300 largest and most liquid stocks in the China A-share market.


DJI   Dow Jones Industrial Average
The Index represents 30 large and well-known U.S. companies covering all industries with the exception of transportation and utilities. Stocks are selected by a committee that consists of three people from Standard & Poor's and two editors of The Wall Street Journal. To be eligible, a stock must be a member of the S&P 500 Index. The index is price weighted rather than weighted by market capitalization. Changes to the Index are made on an as-needed basis. There is no annual or semi-annual reconstitution. Rather, changes in response to corporate actions and market developments can be made at any time. See more discussion of this index in our article what is the Dow Jones Industrial Average?


HSI   Hang Seng Index
The Index represents the largest and most liquid companies that trade on the Hong Kong Exchange. The Index includes both Hong Kong companies and Chinese companies that are traded in Hong Kong. The Index is denominated in Hong Kong dollars.


NDUEACWF   MSCI ACWI Index
The Index covers approximately 85% of the global investable equity opportunity set, because it includes large and mid cap stocks in both developed and emerging markets.


MXEA   MSCI EAFE Index
The Index is includes large and mid-cap securities across developed markets, including countries in Europe, Australasia and the Far East, excluding the U.S. and Canada. The Index is available for a number of regions, market segments/sizes and covers approximately 85% of the free float-adjusted market capitalization in each of the countries. The Index is a market capitalization weighted index. The number of countries considered to be a "developed market" can change. MSCI has a formal process of evaluating each year which countries should be classified as a "developed market".


MXEF   MSCI Emerging Markets Index
The Index captures large and mid cap representation across emerging market countries. The Index covers approximately 85% of the free float-adjusted market capitalization in each country. The number of countries in the Index can change, as MSCI has a formal process each year to re-evaluate which countries in the world should be classified as an "emerging market". The Index is a market capitalization weighted index.


NDDUWI   MSCI World Index
The Index captures large and mid cap representation across developed market countries, including the US. The index covers approximately 85% of the free float-adjusted market capitalization in each country. The index is reviewed quarterly—in February, May, August and November—with the objective of reflecting change in the underlying equity markets in a timely manner, while limiting undue index turnover. During the May and November semi-annual index reviews, the index is rebalanced and the large and mid capitalization cutoff points are recalculated.


NDX   NASDAQ-100 Index
The Index is a market capitalization weighted index that includes 100 of the largest domestic and international non-financial securities listed on The NASDAQ Stock Market based on market capitalization. The Index reflects companies across major industry groups including computer hardware and software, telecommunications, retail/wholesale trade and biotechnology. It does not contain securities of financial companies including investment companies. Eligible securities include common stocks, REITs and ADRs. See more discussion of this index in our article what is the NASDAQ-100 Index?


RUI   Russell 1000 Index
The Index is a capitalization-weighted index made up of the largest 1,000 U.S. common stocks as measured by market capitalization. Eligible stocks include common stocks and real estate investment trusts. Excluded securities include master limited partnerships (MLPs), business development companies (BDCs), American Depository Receipts (ADRs), and preferred stocks. The Index is reconstituted annually on the last Friday in June. Eligible IPOs are added to the Index quarterly. Because of takeovers and mergers, the Index often consists of slightly fewer than 1,000 members. Many people refer to the Russell 1000 Index as a "large cap" index, but we classify it as a "large and mid cap" index. See more discussion of this index in our article what is the Russell 1000 Index?


RUT   Russell 2000 Index
The Index is a capitalization-weighted index made up of the smallest 2,000 U.S. common stocks as measured by market capitalization included in the Russell 3000 Index, which consists of the largest 3,000 U.S. common stocks based on market capitalization. Eligible stocks include common stocks and real estate investment trusts. Excluded securities include master limited partnerships (MLPs), business development companies (BDCs), American Depository Receipts (ADRs), and preferred stocks. The Index is reconstituted annually on the last Friday in June. Eligible IPOs are added to the Index quarterly. Because of takeovers and mergers, the Index often consists of slightly fewer than 2,000 members. See more discussion of this index in our article what is the Russell 2000 Index?


RUA   Russell 3000 Index
The Index is a capitalization-weighted index made up of the largest 3,000 U.S. stocks as measured by market capitalization. Eligible stocks include common stocks and real estate investment trusts. Excluded securities include master limited partnerships (MLPs), business development companies (BDCs), American Depository Receipts (ADRs), and preferred stocks. The Index is reconstituted annually on the last Friday in June. Eligible IPOs are added to the Index quarterly. Because of takeovers and mergers, the Index often consists of slightly fewer than 3,000 members.


SPX   S&P 500 Index
The Index is a capitalization-weighted index made up of 500 widely held large-cap U.S. stocks spread out among eleven sectors of the economy using the GCIS sector classification system. It is not the largest 500 companies in the U.S., but rather 500 companies picked by a committee at S&P. These experts consider various factors when determining the 500 stocks that are included in the index, including market size, liquidity and industry grouping. See more discussion of this index in our article what is the S&P 500 Index?


MID   S&P MidCap 400 Index
The Index is a capitalization-weighted index made up of 400 mid capitalization stocks selected by a committee at S&P. The committee considers various factors when determining the 400 stocks that are included in the index, including market size, liquidity and industry grouping.


SP600   S&P Smallcap 600 Index
The Index is a capitalization-weighted index made up of 600 small capitalization stocks selected by a committee at S&P. The committee considers various factors when determining the 600 stocks that are included in the index, including market size, liquidity and industry grouping. You can read more in our educational article what is the S&P Smallcap 600 Index?


SHCOMP   Shanghai Composite Index (CNY)
The Index consists of all listed stocks on the Shanghai Stock Exchange, including A shares and B shares. The Index aims to reflect the overall performance of the Shanghai stock market. The Shanghai stock market is the largest of China's internal stock markets.


TRCCI   Thomson Reuters Equal Weight Continuous Commodity Index
The Index is an equal weighted index of 17 commodities plus theoretical interest earned on the cash required to collateralize the futures trading. The Index automatically includes for each commodity a different set of futures with different maturities or terms, so it does not just hold near front month futures. Because of the equal weighting, the Index offers significant exposure to grains, livestock, and soft commodities and a lower energy weighting than many of its peers. In addition, the Index is rebalanced every day in order to maintain each commodity’s weight as close to 1/17th of the total as possible.



All data is a live query from our database. The wording was last updated: 12/17/2018.

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