Prominent index provider for the exchange-traded funds industry S&P Dow Jones Indices has launched the S&P Global Revenue Exposure Indices, measuring the performance of companies dominating revenue streams from targeted regions internationally.

Philip Murphy, Vice President, Product Management, at S&P Dow Jones Indices.

The smart beta track the constituents of leading financial benchmarks, including the S&P 500, S&P/TSX 60, S&P/TOPIX 150 and the S&P Europe 350, that exceed the average generated revenue of all constituents within a specified country or bloc.

Constituents are weighted by free-float market capitalization multiplied by the firm’s revenue exposure percentage to the targeted region or country, subject to a maximum security cap of 10%.

“The S&P Global Revenue Exposure Indices are an opportunity for targeted equity exposure, as they represent the markets that hold the greatest influence to a company’s top line,” said Philip Murphy, Vice President, Product Management, at S&P Dow Jones Indices. “This type of flexibility is a critical consideration for investors participating in a global economy.”

The newly launched indices include:

S&P 500 US Revenue Exposure Index
S&P/TSX 60 US Revenue Exposure Index
S&P/TOPIX 150 Japan Revenue Exposure Index
S&P/TOPIX 150 US Revenue Exposure Index
S&P Europe 350 Foreign Revenue Exposure Index