S&P 1500 Index
The S&P 1500 Index is a broad equity index based on the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices. It is weighted by market capitalization. It is also referred to as the S&P 1500 Composite Index.
The Index includes the top large cap, mid cap and small cap stocks, representing about 85 percent of the U.S. equity market.
The S&P 1500 index is calculated by Standard & Poor's and is reconstituted as needed basis by S&P economists, index experts, and members of the S&P Index Committee. In 2005, Standard & Poor's developed sub indices to the S&P 1500 Index. The S&P 1500 sub-indices are part of the S&P U.S. Style series. The S&P 1500 sub-indices are listed as S&P Composite 1500/Citigroup growth and value indices.
- S&P 1500 Definition. investorglossary.