S&P 1500

The S&P 1500, or S&P Composite 1500 Index, is a stock market index of US stocks published by S&P Global. It combines stocks in the S&P 500, S&P MidCap 400, and S&P SmallCap 600.^[2] This index covers approximately 90% of the market capitalization of U.S. stocks and is a broad measure of the U.S. equity market.

S&P Composite 1500

Foundation	May 18, 1995; 30 years ago (1995-05-18)[1]
Operator	S&P Global
Exchanges	Nasdaq, NYSE, CBOE
Trading symbol	SP1500 ^SP1500 ^SPSUPX
Constituents	1,506[1]
Type	Small, Medium and Large cap
Market cap	US$56.8 trillion (as of December 31, 2024)
Weighting method	Market value-weighted
Related indices	List S&P 500 S&P 400 S&P 600
Website	www.spglobal.com/spdji/en/indices/equity/sp-composite-1500

The index was launched on May 18, 1995 with a first value date of December 30, 1994.^{[citation needed]}

Other subsets

Standard & Poor's also provides the S&P 900 index (a combination of the S&P 500 index plus the S&P MidCap 400)^[3] and the S&P 1000 (the S&P MidCap 400 plus the S&P SmallCap 600 index).^[4]

Versions

Like many indexes, the headline quote for the "S&P 1500" is a price return index; however, there is also "total return" version of the index, which includes dividends, interest and distributions (when applicable). These versions differ in how dividends are accounted for. The price return version does not account for dividends; it only captures the changes in the prices of the index components.^[5]

Methodology construction

The following criteria are used by S&P Dow Jones Indices to determine eligibility for inclusion. The company publishes it's full methodology details on its website.

• Universe: All constituents from the S&P 500, S&P MidCap 400, and S&P SmallCap 600 are included in the index.
• Eligibility Market Cap: Companies with unadjusted market cap of USD 22.7 billion or greater for the S&P 500, USD 8.0 billion to USD 22.7 billion for the S&P MidCap 400, and USD 1.2 billion to USD 8.0 billion for the S&P SmallCap 600. Companies must also have a float-adjusted market capitalization that is at least 50% of the respective index's unadjusted minimum market cap threshold.
• Financial Viability: Companies must have a positive as-reported earnings over the most recent quarter, as well as over the most recent four quarters (summed together).
• Adequate Liquidity and Reasonable Price: Using composite pricing and volume, the ratio of annual dollar value traded (defined as average closing price over the period multiplied by historical volume) to float-adjusted market capitalization should be at least 0.75, and the stock should trade a minimum of 250,000 shares in each of the six months leading up to the evaluation date.
• Sector Representation: Sector balance, as measured by a comparison of each GICS© sector's weight in an index with its weight in the S&P Total Market Index, in the relevant market capitalization range, is also considered in the selection of companies for the indices.
• Company Type: All eligible U.S. common equities listed on eligible U.S. exchanges can be included. REITs are also eligible for inclusion. Closed-end funds, ETFs, ADRs, ADS, and certain other types of securities are ineligible for inclusion.

The index rebalances quarterly in March, June, September, and December.^{[citation needed]}

Annual returns

Year	Price return	Total return
2024	22.24%	23.95%
2023	23.41%	25.47%
2022	-19.12%	-17.78%
2021	26.66%	28.45%
2020	15.81%	17.92%
2019	28.34%	30.90%
2018	−6.77%	−4.96%
2017	18.80%	21.13%
2016	10.65%	13.03%
2015	−1.03%	1.01%
2014	10.88%	13.08%
2013	30.12%	32.80%
2012	13.67%	16.17%
2011	−0.26%	1.75%
2010	14.17%	16.38%
2009	24.33%	27.25%
2008	−38.16%	−36.72%
2007	3.60%	5.47%
2006	13.28%	15.34%
2005	3.83%	5.66%
2004	9.96%	11.78%

^[1]

See also

• Russell 3000
• S&P 500
• List of S&P 500 companies
• S&P 400
• List of S&P 400 companies
• S&P 600
• List of S&P 600 companies
• Wilshire 5000