Measuring USD Leveraged Loans for the Brazilian Market
The author would like to thank Sofia Lozada for her contributions to this blog. Introduction: The Challenge Brazilian institutional investors are increasingly looking beyond domestic markets in search of income. With local yields subject to monetary policy cycles and a concentrated domestic credit universe, global fixed income could offer diversification. Instruments with different risk drivers,…
Ballots and Benchmarks: How Elections Shake Markets around the World
Every election season brings a familiar ritual: wall-to-wall media coverage, confident predictions and no shortage of opinions about what a given outcome will mean for markets. But does the noise translate into measurably significant market movement? And if it does, does it matter equally everywhere? To find out, we examined equity index performance around election…
How and Why Institutions Are Evolving Their ETF Usage
What’s driving the continued growth of ETF adoption among institutional investors? Explore the expanded range of ETF applications across portfolio types and objectives.
Targeting the Drivers of Dividend Strength: A First Look at the S&P 500 Dividend Drivers Index
S&P Dow Jones Indices is pleased to introduce the new S&P 500® Dividend Drivers Index, which offers a holistic approach to identifying dividend-paying companies within the S&P 500. Unlike traditional approaches that emphasize a single metric—such as high yield or dividend growth—the index focuses on the key drivers of dividend strength. It combines historical and…
S&P TIP Global AllCap Index: A New Tool for Tracking Diversification and Limiting Concentration Risk in Global Equities
How does an index framework built with diverse constituents from 48 global markets help address concentration concerns in an efficient, simplified way?
Mondo Mashups
Whether you call it soccer or football, there’s no denying the World Cup was a blast for North Americans and visitors alike. Off the field, one of the most enjoyable spectator sports was watching camaraderie emerge from road trips and cultural mashups. Whether it was the Tartan Army firing up the Miami Marlins, Samurai Blue…
The S&P Developed Ex-North America Dividend Growers Index: Dividend Discipline, Defensive Characteristics and Outperformance
In November 2025, S&P DJI expanded its S&P Dividend Growers Index Series by launching the S&P Developed Ex-North America Dividend Growers Index. Like its counterparts, the index focuses on companies with a consistent history of dividend payments, while excluding those with the highest yields to help reduce the risk of yield traps.1 Over the back-tested…
Indexing Autocalls
Income-oriented indexing has entered a new phase. What began with relatively straightforward option-writing indices has evolved into a broader toolkit of rules-based strategies designed to reflect more targeted outcomes. This evolution reflects a shift in investor demand beyond pure beta exposure and toward outcome-oriented solutions. In recent years, systematic derivative income strategies have grown meaningfully…
Broadening the Base
Despite recent declines upon renewed geopolitical concerns, the S&P 500® hit two all-time closing highs last week thanks to reduced expectations for a Fed rate hike after a soft jobs report and robust corporate earnings. One of the tailwinds of the market’s rally has been the broadening of performance beyond the mega cap hyperscalers,1 a…
Factor Index Leadership in Australia: Has the Tide Turned?
Last year, we published a paper reviewing the long-term performance of factor indices in the Australian market. One of the key observations from that paper was that, over the long term, quality and momentum had historically been among the strongest-performing single-factor indices. More recently, however, both quality and momentum have faced performance challenges, while enhanced…
