{{Short description|Stock market index}} {{Use American English|date=April 2026}} {{Use mdy dates|date=June 2023}} {{Infobox financial index | name = S&P Composite 1500 | foundation = {{start date and age|1995|5|18}}<ref name=factsheet>{{cite web|url=https://www.spglobal.com/spdji/en/indices/equity/sp-composite-1500/#data |title=S&P Composite 1500 |accessdate=2023-07-07}}</ref> | operator = [[S&P Global]] | exchanges = [[Nasdaq]], [[New York Stock Exchange|NYSE]], [[CBOE]] | symbol = {{ubl|SP1500|^SP1500|^SPSUPX}} | constituents = 1,506<ref name=factsheet /> | cap_level = Small, Medium and Large cap | mcap = {{US$|67.1 trillion|link=yes}}<br />(as of January 31, 2026) | weighting = [[Market value-weighted index|Market value-weighted]] | related = {{Collapsible list| [[S&P 500]] [[S&P 400]] [[S&P 600]]}} |homepage = {{URL|https://www.spglobal.com/spdji/en/indices/equity/sp-composite-1500}} }}

The '''S&P 1500''', or '''S&P Composite 1500 Index''', is a [[stock market index]] of US stocks published by [[S&P Global]]. It combines stocks in the [[S&P 500]], [[S&P 400|S&P MidCap 400]], and [[S&P 600|S&P SmallCap 600]].<ref>{{Cite web |title=S&P Composite 1500 |url=https://www.spglobal.com/spdji/en/indices/equity/sp-composite-1500/#overview}}</ref> This index covers approximately 90% of the market capitalization of U.S. stocks and is a broad measure of the U.S. equity market.

The index was launched on May 18, 1995, with a first value date of December 30, 1994.{{Citation needed|date=July 2025}}

==Other subsets== Standard & Poor's also provides the S&P 900 index (a combination of the [[S&P 500]] index plus the [[S&P 400|S&P MidCap 400]])<ref>{{cite web|url=https://www.spglobal.com/spdji/en/indices/equity/sp-900 |title=S&P 900 |accessdate=2023-07-07}}</ref> and the S&P 1000 (the S&P MidCap 400 plus the [[S&P 600|S&P SmallCap 600]] index).<ref>{{cite web|url=https://www.spglobal.com/spdji/en/indices/equity/sp-1000 |title=S&P 1000 |accessdate=2023-07-07}}</ref>

==Versions== Like many indexes, the headline quote for the "S&P&nbsp;1500" is a [[price return]] index; however, there is also "[[total return]]" version of the index, which includes dividends, interest and distributions (when applicable). These versions differ in how [[dividend]]s are accounted for. The price return version does not account for dividends; it only captures the changes in the prices of the index components.<ref>{{cite web |url=https://www.marketwatch.com/investing/index/spx|title=S&P 500 Index}}</ref>

== Methodology construction == The following criteria are used by [[S&P Dow Jones Indices]] to determine eligibility for inclusion. The company publishes its full methodology details on its [https://www.spglobal.com/spdji/en/documents/methodologies/methodology-sp-us-indices.pdf website].

* '''Universe''': All constituents from the [[S&P 500]], [[S&P 400|S&P MidCap 400]], and [[S&P 600|S&P SmallCap 600]] are included in the index. * '''Eligibility Market Cap:''' Companies with unadjusted market cap of US$22.7 billion or greater for the S&P 500, US$8.0 billion to US$22.7 billion for the S&P MidCap 400, and US$1.2 billion to US$8.0 billion for the S&P SmallCap 600. Companies must also have a float-adjusted market capitalization that is at least 50% of the respective index's unadjusted minimum market cap threshold. * '''Financial Viability:''' Companies must have a positive as-reported earnings over the most recent quarter, as well as over the most recent four quarters (summed together). * '''Adequate Liquidity and Reasonable Price:''' Using composite pricing and volume, the ratio of annual dollar value traded (defined as average closing price over the period multiplied by historical volume) to float-adjusted market capitalization should be at least 0.75, and the stock should trade a minimum of 250,000 shares in each of the six months leading up to the evaluation date. * '''Sector Representation:''' Sector balance, as measured by a comparison of each [[GICS]] sector's weight in an index with its weight in the S&P Total Market Index, in the relevant market capitalization range, is also considered in the selection of companies for the indices. * '''Company Type:''' All eligible U.S. common equities listed on eligible U.S. exchanges can be included. [[REITs]] are also eligible for inclusion. [[Closed-end fund]]s, [[Exchange-traded fund|ETFs]], [[American depositary receipt|ADRs]], [[American depository share|ADS]], and certain other types of securities are ineligible for inclusion.

The index rebalances quarterly in March, June, September, and December.{{Citation needed|date=July 2025}}

==Annual returns== {| class="wikitable sortable" style="text-align:center" |- ! Year !! Price return !! Total return |- | 2025 || 15.51% || 17.02% |- | 2024 || 22.24% || 23.95% |- | 2023 || 23.41% || 25.47% |- | 2022 ||style="color:red"| &minus;19.12% || style="color:red"| &minus;17.78% |- | 2021 || 26.66% || 28.45% |- | 2020 || 15.81% || 17.92% |- | 2019 || 28.34% || 30.90% |- | 2018 ||style="color:red"| &minus;6.77% ||style="color:red"| &minus;4.96% |- | 2017 || 18.80% || 21.13% |- | 2016 || 10.65% || 13.03% |- | 2015 ||style="color:red"| &minus;1.03% || 1.01% |- | 2014 || 10.88% || 13.08% |- | 2013 || 30.12% || 32.80% |- | 2012 || 13.67% || 16.17% |- | 2011 ||style="color:red"| &minus;0.26% || 1.75% |- | 2010 || 14.17% || 16.38% |- | 2009 || 24.33% || 27.25% |- | 2008 ||style="color:red"| &minus;38.16% ||style="color:red"| &minus;36.72% |- | 2007 || 3.60% || 5.47% |- | 2006 || 13.28% || 15.34% |- | 2005 || 3.83% || 5.66% |- | 2004 || 9.96% || 11.78% |} <ref name=factsheet />

{{Pie chart | caption = Market cap weights for the three component indices | value1 = 92.2 | label1 = S&P 500 | value2 = 5.3 | label2 = S&P 400 | value3 = 2.5 | label3 = S&P 600 }}

==See also== * [[Russell 3000]] * [[S&P 500]] * [[List of S&P 500 companies]] * [[S&P 400]] * [[List of S&P 400 companies]] * [[S&P 600]] * [[List of S&P 600 companies]] * [[Wilshire 5000]]

==References== {{Reflist}}

==External links== * [https://finance.yahoo.com/q?s=^SP1500 Yahoo Finance page for ^SP1500] * [http://us.spindices.com/indices/equity/sp-composite-1500 Standard & Poor's page on S&P 1500 index]

{{DEFAULTSORT:SandP 1500}} [[Category:S&P Dow Jones Indices|1500]] [[Category:American stock market indices]]