Not all small-cap indices are identical. Indices within the same market cap range can have varied performance in different markets. We studied the S&P Developed SmallCap and S&P Emerging SmallCap for their performance, volatility, and sector allocation in different market segments.
The S&P Global SmallCap is a widely used benchmark representing the global small-cap market. Made up of the S&P Developed SmallCap and S&P Emerging SmallCap, it covers 9,236 stocks from 25 developed and 25 emerging countries/regions as of April 30, 2021.
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