Assets indexed to the S&P 500 ended 2009 at $1.1 trillion, up 21% from a year earlier, while the S&P MidCap 400 was up 60% at $67.2 billion and the S&P SmallCap 600 was up 23% to $23.3 billion, confirmed David M. Blitzer, S&P managing director.
The 2009 S&P 500 indexed assets came in $367.5 billion under the 2007 high of $1.46 trillion, and though the S&P MidCap 400 had outstanding performance in 2009, it lagged behind its 2005 high of $74.5 billion. The S&P SmallCap 600 also failed to return to its all-time high of $36.5 billion in 2005.
“The MidCap index was something of a standout,” Mr. Blitzer said in a telephone interview, calling it “the sweet spot” between blue-chip stocks and small caps.
An S&P report, Annual Survey of Indexed Assets, estimates more than $4.83 trillion was benchmarked to the S&P 500 alone, with indexed assets making up about $1.1 trillion of the total.