48
S&P Dow Jones Indices

spglobal.com/indices

Index-Based Solutions.

As the world’s leading provider of index solutions across geographies and asset classes, we innovate trusted solutions that unleash the potential of capital markets for everyone, everywhere. Our vision is to give every person the power to determine their own financial destiny. 

Our Focus Forward

Defend and expand share in core products & solutions

Grow and strengthen our position of innovative offerings

Drive client centricity

 

 

UPDATED INFORMATION

How S&P Dow Jones Indices Generates Revenue

ETFs & Mutual Funds


Licensing fees on assets invested in products linked to S&P Dow Jones Indices
(asset-linked fee revenue)

OTC Derivatives & Structured Products

Fixed or variable annual and per-issue fees or blanket fees for OTC derivatives and structured products
(asset-linked fee revenue)

Data & Custom Indices

Customized index solutions and data subscriptions that support index fund management, portfolio analytics, and research
(subscription revenue)

Exchange-Traded Derivatives

Royalties based on trading volumes of derivatives contracts listed on global exchanges(1)
(sales usage-based royalties revenue)

Revenue by Type

(dollars in millions)

67%
15%
18%
65%
17%
18%
69%
14%
17%
'19
'20
'21
Asset-linked fees
$613
$647
$800
Sales usage-based royalties
140
165
158
Subscription
165
177
191
Total revenue
$918
$989
$1,149
Download Excel

Revenue Mix

Sales usage-based royaltiesData & custom subscriptions

Revenue by Geography

(dollars in millions)

84%
16%
84%
16%
83%
17%
'19
'20
'21
U.S.
$772
$826
$959
Ex-U.S.
146
163
190
Total revenue
$918
$989
$1,149
Download Excel

Since Charles Dow invented the first index in 1884,
S&P Dow Jones Indices has been developing indices to help investors measure and trade the markets

Notes:

Ownership of S&P Dow Jones Indices LLC joint venture (established in June 2012):
• S&P Global:  73%
• CME Group:  27%

Updated Information
About S&P Dow Jones Indices