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beginnerIndices Basics4 min

Introduction to Indices

What You'll Learn

  • The Definition: Understanding indices as benchmarks that measure the performance of a group of stocks.
  • The Big Three US Indices: A deep dive into the S&P 500, the Dow Jones Industrial Average, and the Nasdaq Composite.
  • How They Are Calculated: The difference between price-weighted indices like the Dow and market-cap-weighted indices like the S&P 500.
  • Global & Sector Markets: An overview of international indices like the DAX and Nikkei, plus trackers for commodities and market fear (the VIX).
  • How to Invest: Why you can't invest in an index directly and how to use index funds and ETFs to mirror their performance.