The S&P World Index1 tracks the performance of large- and mid-cap stocks from 24 developed markets and can be used for performance measurement or benchmarking, and to support financial products requiring broad coverage. The index is built on the robust framework of the S&P Global Broad Market Index (BMI), which offers market participants a longstanding, consistent database covering close to 15,000 stocks across 48 developed and emerging markets, with over USD 250 billion in benchmarked assets.2


Setting the Standard in Developed Market Indices


Well-established, consistent history

The S&P World Index shares history with the S&P Global BMI, the world's first float-adjusted global benchmark, which was introduced in 1989 and set the standard for modern global benchmark construction. With data extending over several economic cycles, the S&P World Index provides a consistent universe for historical market analysis and back-testing investing strategies.


Comprehensive coverage

Spanning 24 developed market countries and more than 1,500 companies, the S&P World Index tracks the top 85% of each constituent country’s available market capitalization. Over 380 subindices are broken down by GICS® sector, style and currency, allowing market participants to track the developed market opportunity set from more targeted perspectives. Market participants can also access sustainability-focused versions of the index, leveraging our world-class sustainability datasets.

Developed Markets Covered by the S&P World Index


Robust Governance and Calculation

S&P DJI prioritizes transparency, independence and integrity, all of which are inherent to the S&P World Index’s rules-based methodology. As a cofounder of the Index Industry Association, S&P DJI sets industry best practices and proactively adheres to evolving, regional regulatory standards.


To learn more, access the S&P World Index methodology or contact us.

1S&P World Index refers to the S&P Developed Ex-Korea LargeMidCap Index, which was renamed S&P World Index effective February 27, 2024.
2Data estimated as of December 30, 2022, from Morningstar, eVestment and S&P Dow Jones Indices.