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S&P Dow Jones Indices

spglobal.com/indices

Index-Based Concepts.
Data.
Research.

As the world’s leading resource for index-based concepts, data, and research, S&P Dow Jones Indices’ mission is to bring independent, transparent, and cost-effective solutions to the global investment community. 

Our Focus Forward

Continued growth of the core business

Expansion of innovative offerings with focus on differentiated solutions such as factor, multi-asset-class, and ESG indices

Fueling growth globally through collaborative client relationships

 

 

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)

63%
18%
19%
62%
21%
17%
67%
15%
18%
'17
'18
'19
Asset-linked fees
$461
$522
$613
Sales usage-based royalties
131
171
140
Subscription
136
144
165
Total revenue
$728
$837
$918

Revenue by Geography

(dollars in millions)

83%
17%
86%
14%
84%
16%
'17
'18
'19
U.S.
$601
$719
$772
Ex-U.S.
127
118
146
Total revenue
$728
$837
$918

Revenue Mix

Sales usage-based royaltiesData & custom subscriptions

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