This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

S&P Quality Indices Launched By S&P Dow Jones Indices

NEW YORK, July 23, 2014 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI"), one of the world's leading providers of financial market indices, today announced the launch of the S&P Quality Indices. The index family is designed to measure high quality stocks in the global equity markets on the basis of their quality score, which is calculated based on three fundamental measures – return on equity, accruals ratio and financial leverage ratio.

The launch follows the launch of Low Beta and Intrinsic Value indices earlier this year. Factor-based indices are strategy indices that seek to capture performance characteristics differently than traditional cap-weighted benchmarks. S&P DJI has been offering factor-based indices for years beginning with an equal weighted version of the S&P 500 ® in 2003.

"Quality is a risk factor that is distinct from other known factors like size, value, momentum, and low volatility," says Vinit Srivastava, Senior Director of Strategy Indices at S&P Dow Jones Indices. "The launch of the S&P Quality Index family provides investors with a factor-based benchmark that captures the characteristics of high quality companies."

The index family consists of 12 headline indices that cover major global regions and countries. The S&P Quality Indices are constructed from the constituents of the S&P Global Broad Market Index (BMI) or other headline benchmark indices. Each stock in the S&P Quality Indices is weighted by its quality score multiplied by its float-adjusted market capitalization.

The indices launched today include:

  • S&P Quality Global LargeMidCap Index
  • S&P Quality Developed LargeMidCap Index
  • S&P Quality Developed Ex-U.S. LargeMidCap Index
  • S&P Quality Developed Ex-Japan LargeMidCap Index
  • S&P Quality Emerging LargeMidCap Index
  • S&P Quality Europe LargeMidCap Index
  • S&P Europe 350 Quality
  • S&P Quality Pan Asia LargeMidCap Index
  • S&P Quality Pan Asia Ex-Japan LargeMidCap Index
  • S&P Quality Japan LargeMidCap Index
  • S&P 500® Quality
  • S&P Quality United States LargeMidCap Index

For more information, including the complete methodology, please visit: www.spdji.com.

About S&P Dow Jones IndicesS&P Dow Jones Indices LLC, a part of McGraw Hill Financial, is the world's largest, global resource for index-based concepts, data and research. Home to iconic financial market indicators, such as the S&P 500 ® and the Dow Jones Industrial Average TM, S&P Dow Jones Indices LLC has over 115 years of experience constructing innovative and transparent solutions that fulfill the needs of investors. More assets are invested in products based upon our indices than any other provider in the world. With over 1,000,000 indices covering a wide range of asset classes across the globe, S&P Dow Jones Indices LLC defines the way investors measure and trade the markets. To learn more about our company, please visit www.spdji.com.

S&P® is a registered trademark of Standard & Poor's Financial Services LLC ("S&P"), a part of McGraw Hill Financial. Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones").  These trademarks have been licensed to S&P Dow Jones Indices LLC. It is not possible to invest directly in an index. S&P Dow Jones Indices LLC, Dow Jones, S&P and their respective affiliates (collectively "S&P Dow Jones Indices") do not sponsor, endorse, sell, or promote any investment fund or other investment vehicle that is offered by third parties and that seeks to provide an investment return based on the performance of any index. This document does not constitute an offer of services in jurisdictions where S&P Dow Jones Indices does not have the necessary licenses. S&P Dow Jones Indices receives compensation in connection with licensing its indices to third parties.

SOURCE S&P Dow Jones Indices

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,250.77 +93.92 0.55%
S&P 500 2,010.57 +9.00 0.45%
NASDAQ 4,592.74 +30.5510 0.67%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs