S&P 500 Equal Weight

E605252

The S&P 500 Equal Weight is a stock market index that tracks the same 500 large U.S. companies as the standard S&P 500 but assigns each company an equal weighting rather than weighting by market capitalization.

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Statements (43)

Predicate Object
instanceOf equally weighted index
stock market index
basedOn S&P 500 Index
differsFrom S&P 500 Index by weighting scheme
hasAssociatedETF Invesco S&P 500 Equal Weight ETF
ticker RSP
hasBaseDate January 8, 2003
hasBaseValue 100
hasBenchmarkRole alternative benchmark to cap-weighted S&P 500
hasCalculationMethod float-adjusted share counts with equal weighting at rebalance
hasCategory benchmark index
large-cap U.S. equity index
hasCountry United States
hasCurrency US dollar
hasDataVendorCode Bloomberg: SPW
Reuters: .SPXEW
hasInceptionDate January 8, 2003
hasIndexFamily S&P 500 family
hasIndexProvider S&P Dow Jones Indices
hasInvestmentStyleTilt tilt toward smaller S&P 500 constituents relative to cap-weighted index
tilt toward value and mid-cap characteristics relative to cap-weighted S&P 500
hasMethodologyFeature each constituent has the same index weight at rebalancing
hasNumberOfConstituents 500
hasRebalancingFrequency quarterly
hasReconstitutionPolicy follows S&P 500 constituent changes
hasRegion United States
hasSectorExposureMethod sector weights emerge from equal weighting of constituents
hasTickerSymbol SPW
SPXEW
hasUnderlyingUniverse U.S. large-cap equities
hasWeightCapPerConstituent approximately 0.2 percent at each rebalance
hasWeightingConstraint all constituents targeted to equal weights at each rebalance
hasWeightingMethod equal weight
isAlternativeTo S&P 500 Index
isCalculatedInRealTime true
isMaintainedBy S&P Dow Jones Indices
isOwnedBy S&P Global
isPublishedBy S&P Dow Jones Indices
isReferencedIn index methodology documents of S&P Dow Jones Indices
isUsedFor index-linked investment products
performance benchmarking
tracks 500 large-cap U.S. companies
usesConstituentsOf S&P 500 Index

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Referenced by (5)

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S&P-branded indices includesIndex S&P 500 Equal Weight
S&P U.S. Indices includesIndex S&P 500 Equal Weight
S&P 500 Equal Weight Index differsFrom S&P 500 Index by weighting scheme
subject linked to: S&P 500 Equal Weight
linked to: S&P 500 Equal Weight
S&P 500 Consumer Discretionary Index relatedIndex S&P 500 Equal Weight Consumer Discretionary Index
linked to: S&P 500 Equal Weight
S&P 500 Buyback Index relatedIndex S&P 500 Equal Weight Index
linked to: S&P 500 Equal Weight