IndexFunds.com Staff

S&P Reports Indexed Assets for 2002

New York-based index provider Standard & Poor's released the results of its 2002 annual survey of assets linked directly to its domestic benchmarks. Based on the 2002 survey responses, S&P estimates that approximately 90% of the total S&P indexed assets market share was captured in the survey results.

Source: Standard & Poor's

Although ETF assets and total indexed/enhanced assets into products based on the S&P 500 decreased by 17%, the index itself declined by 23% in 2002. This net inflow shows that investors continued to plow money into the S&P 500 despite the losses it has suffered during the bear market. Growth of assets in S&P's mid-cap and small-cap indexes exceeded market performance.

Standard & Poor's attributed the index asset inflows to the growth of the ETF market, and also to increasing plan sponsor interest in the S&P MidCap 400 and the S&P SmallCap 600.

The figures below show the estimated asset growth of S&P's flagship domestic equity benchmarks over the years.

Source: Standard & Poor's

S&P's numbers do not include active funds or assets that are benchmarked to S&P indexes for performance measurement. Synthetically replicated index-based products such as derivatives and fixed annuities are also not included.