The Dow Jones U.S. Broad Stock Market Index is a subindex of the Dow Jones U.S. Total Stock Market Index and is designed to measure the performance of large-, mid- and small-cap U.S. equity securities. S&P Dow Jones Indices Reports U.S. Common Indicated Dividen... S&P Dow Jones Indices Announces Update to S&P Com...
What are broad market index funds?
Broad market index funds closely follow popular indexes like the S&P 500, Dow Jones Industrial Average and Nasdaq Composite. Index funds aim to replicate the overall performance of the market by purchasing and holding stocks from companies listed on the selected index.
What is a broad based index?
A broad-based index is a benchmark used to track the performance of a large group of stocks picked to represent the broader stock market. Owning funds that track broad-based indexes can add diversification to a portfolio. Examples of broad-based indices range from the S&P 500 and NASDAQ Composite to the Russell 3000.
