Dow Jones Global Indices

Dow Jones Global Indices, or DJGI, is the term used for a group of international stock indices which makes use of free-float market capitalization. This includes various categories of stock market indices, such as those classified according to territory. Indices per country, per region, and those with an international scope fall under this, as are those which are based on specific economic sectors or industries. As a comprehensive collection of indices, it offers a very wide range of tool for portfolio management. It also covers around 95% market capitalization. It also covers 51 countries, 25 of which are developed markets. The remaining 26 countries are considered emerging markets. These countries all have their own indices, which are known as country indices.

There are several indices under the classification of regional indices. Among these, there are seven which are considered to be the most commonly used for reference. There are the Dow Jones Global ex-US Index, the Dow Jones Emerging Markets Index, the Dow Jones Developed Markets Index, the Dow Jones Latin America Index, The Dow Jones Americas Index, the Dow Jones Asia-Pacific Index, and the Dow Jones Middle East and Africa Index.

On the other hand, under the classification of size-segment indices, indices are further categorized into large-cap, mid-cap, and small-cap indices. These exist on a global level, as well as on a country and regional level. Large-cap indices are those that belong to the top 70% of stocks, whereas mid-cap indices belong to the next 20% and the small-cap indices belong to the following 5%. Lastly, sector indices are based in the Industry Classification Benchmark, or ICB. This covers several industries, supersectors, sectors, and subsectors.