S&P 1500
The S&P 1500, or S&P Composite 1500 Index, is a stock market index of US stocks made by Standard & Poor's. It includes all stocks in the S&P 500, S&P 400, and S&P 600. This index covers 90% of the market capitalization of U.S. stocks. The index was launched on May 18, 1995.[1]
Investing
There is an exchange-traded fund that tracks this index, iShares S&P 1500.
Other subsets
S&P also have the S&P 900 (S&P 500 plus S&P 400) index and the S&P 1000 (S&P 400 plus S&P 600) index.[2][3]
Versions
The "S&P 1500" generally quoted is a price return index; there is also "total return" version of the index. 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. The total return version reflects the effects of dividend reinvestment.
Annual returns
| Year | Price return | Total return |
|---|---|---|
| 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% |