The Dow Jones Global Indices® (DJGI) family is a comprehensive global index series designed to provide a complete range of portfolio-management and benchmarking tools. The indices are designed to be broad yet investable, targeting 95% market capitalization coverage.
The Dow Jones U.S. Index is a widely adopted measure of the U.S. stock market. It is made up of 95% of U.S. stocks by float-adjusted market capitalization, excluding the most thinly traded securities.
A wide array of size-segment, style and sector indices allow investment professionals to track nearly any segment of the U.S. market:
The following size-segment indices categorize stocks based on float-adjusted market capitalization. The top 70% of U.S. stocks are included in the large-cap index, the next 20% make up the mid-cap index, and the next 5% are included in the small-cap index.
- Dow Jones U.S. Large-Cap Index
- Dow Jones U.S. Mid-Cap Index
- Dow Jones U.S. Small-Cap Index
The Dow Jones U.S. Style Indices categorize stocks by investment style. A comprehensive, six-factor model is used to determine whether a stock is "growth" or "value." Stocks determined to be style-neutral are excluded from the indices.
- Dow Jones U.S. Growth Index
- Dow Jones U.S. Large-Cap Growth Index
- Dow Jones U.S. Mid-Cap Growth Index
- Dow Jones U.S. Small-Cap Growth Index
- Dow Jones U.S. Value Index
- Dow Jones U.S. Large-Cap Value Index
- Dow Jones U.S. Mid-Cap Value Index
- Dow Jones U.S. Small-Cap Value Index
A comprehensive of family of U.S. sector indices is available. Most widely used are the 10 Dow Jones U.S. Industry Indices:
- Dow Jones U.S. Basic Materials Index
- Dow Jones U.S. Consumer Goods Index
- Dow Jones U.S. Consumer Services Index
- Dow Jones U.S. Financials Index
- Dow Jones U.S. Health Care Index
- Dow Jones U.S. Industrials Index
- Dow Jones U.S. Oil & Gas Index
- Dow Jones U.S. Technology Index
- Dow Jones U.S. Telecommunications Index
- Dow Jones U.S. Utilities Index
Also available are more-granular indices for the 19 Supersectors, 41 Sectors and 114 Subsectors as defined by the proprietary classification system described at Sector Classification page.
The Dow Jones Global Index® is a broad yet investable measure of the global stock market. It targets 95% coverage of markets open to foreign investment. The index currently tracks 48 countries, including 25 developed markets and 23 emerging markets.
Included in the Dow Jones Global Indices® family are a wide range of regional, country, size-segment and sector indices. Together these indices give investment professionals the flexibility to track nearly any piece of the U.S. market.
Following are some of the more-commonly referenced regional indices within the Dow Jones Global Indices® family:
- Dow Jones Global ex-U.S. Index
- Dow Jones Developed Markets Index
- Dow Jones Emerging Markets Index
- Dow Jones Americas Index
- Dow Jones Latin America Index
- Dow Jones Asia/Pacific Index
- Dow Jones Middle East & Africa Index
The Dow Jones Global Indices® family currently includes 48 country indices, for the following markets:
|China Offshore||Malaysia||South Africa|
Large-cap, mid-cap and small-cap indices are available at the global level, and for each country and region. The top 70% of stocks by float-adjusted market capitalization are included in the large-cap index, the next 20% make up the mid-cap index, and the next 5% are included in the small-cap index.
The Dow Jones Global Indices® family includes a comprehensive of series of global sector indices, as well as sector indices for each country and region.
Sectors are defined based on a proprietary classification system, which includes 10 broad Industries, 19 Supersectors, 41 Sectors, and at the most granular level, 114 Subsectors. More information on the proprietary classification system, including the complete sector definitions, can be found at www.djindexes.com/sectorclassification.